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Reply to "Ok DCUM personal finance geniuses, help me figure this out...."
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[quote=Anonymous]I don't use Mint but do use Quicken. Three things that I watch for are: 1. Double counting credit card payments (bc, as other PPs have said, if the individual charges are listed then you shouldn't also count the payoffs). 2. Are you accounting for insurance payments and insurance reimbursements? In order for all Insurance to be reconciled in Quicken, you need to have the original monthly payment to Health Insurance Company, All Contributions to HSAs, Original Payment to Doctor/Hospital and Any Reimbursement (either from HSA or from Insurance Company) each listed. Only then will you have an accurate net cost of Health Insurance (or any other insurance product for that matter). 3. Is every Cash Withdrawal also separately listed?[/quote]
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