AAAAAdvdvdvdvdvanced:anced:anced:anced:anced: This mode provides a more advancedlevel of functionality for a selected feature making itsuitable for experienced users who want to get themost from Money’s powerful features.

How much time do you have to enter the informa-tion? The more transactions an account has, thelonger it will take. A currency is undervalued if, following this equation, its price is too low compared to the ratio of price levels in the two countries. A currency is overvalued if, following this equation, its price is too high compared to the ratio of price levels in the two countries. As in our discussion of the euro, if a currency is overvalued, then we would expect its value to decrease over time. This is called a depreciation A decrease in the price of a currency. of the currency. Likewise, we would expect the price of an undervalued currency to increase over time. This is called an appreciation An increase in the price of a currency. of the currency. The real exchange rate is intimately linked to the law of one price. The easiest way to see this is to suppose that we measure US real GDP and European GDP in the same units: that is, suppose we use the same bundle of goods in each case. We know that the law of one price should hold for tradable goods—that is, goods for which arbitrage is possible and practical. If every good that went into GDP were tradable, then the law of one price would hold for every good, and the real exchange rate would equal 1. If the real exchange rate was not 1, you could make arbitrage profits by buying and selling “units of GDP.” Financial Suite: The Financial Suite contains all thegreat features in the standard version of Money butalso comes with a printed User Guide (this manual)and Digita TaxSaver 2004. TaxSaver 2004 helps youcalculate and file your tax return for the 2003/2004tax year based on details from Microsoft Money plusany other information you enter. CategorisingYourIncome andExpensesWhen you create a newtransaction (deposit or itemof expenditure) in anAccount Register, one of theoptions you have is to assignthat transaction to acategory and, if required,subcategory.Orientation of yourpaper. When you choosethe options for Print Setup,you might like first toexperiment with theorientation of the paper(Portrait or Landscape). Theone you choose may dependon the layout of the report,the fonts you use or the wayyou want to present thereports in a binder. LifLifLifLifLifeeeeetime Plannertime Plannertime Plannertime Plannertime Planner: Plan for your lifetime ahead!Money’s Lifetime Planner can help you accomplishyour goals such as buying a house, paying for yourchildren’s education and more.

Opening Date and BalancesWhen you create an account in Money, you will needto enter an opening balance. Here are some tips:Warning: If you create a transaction and then lateractivate VAT for a specific category linked to thattransaction, you must re-enter the amount (in theAmount box) for Money to calculate the VAT. This isbecause Money lets you override a VAT amount ifrequired for situations where not all items for theamount entered have incurred VAT.

What if some options areunavailable? Not all chartoptions are available with allchart types. If an option islight grey, it means that thedisplay setting doesn't applyto the current chart type. Having to remember when arecurring bill or deposit is dueis a thing of the past withMoney. Now you can enterdetails of recurring deposits,transfers, bills and otherregular transactions and thenask Money to remind youwhen they are due. Transactions. The termtransaction is used todescribe an item that affectsthe balance of an account.Making a deposit is atransaction as is enteringa withdrawal. because the price of the peso in dollars was 1. Therefore the real exchange rate appreciated as Argentine inflation outpaced US inflation.Ooffline and online features, 11offline help, 23one-off bills, 19online account statements, 69online accounts (setting up), 66online help, 23online services manager, 67online updates button, 10opening date and balances, 30opening balance for your credit Saving Your MoneyBy saving regularly, you may not change your standard ofliving now, but you may be able to make plans for later.However, savings should only be part of your overallfinancial strategy. Before committing to a savings plan,consider the following areas: EssentialEssentialEssentialEssentialEssential: This mode provides a simplified set offunctions for a selected feature. This is ideal for thosestarting out with Money or for those who do not re-quire full functionality. Then enter a date by typingit or if you prefer, byselecting one from the drop-down calendar. Anytransactions dated before thedate you select will beremoved from selectedaccounts in the Money fileyou have open, but not fromthe archive you createdon disk. This equation says that, according to the law of one price, the dollar price of the euro should equal the dollar price of blue jeans divided by the price of blue jeans in euros. This is exactly the kind of calculation that underlies the Big Mac index, only with blue jeans instead of Big Macs. Equivalently, the law of one price says that the price of dollar in euros = price of blue jeans in euros price of blue jeans in dollars .

Credit Card AccountsWhen creating credit card accounts, it's generally betterto start with the opening balance of the statement that isrelated to your recently opened (in Money) bank ac-count. WHICH ACCOUNTS ARE SETUP?SubjectSubjectSubjectSubjectSubject DescrDescrDescrDescrDescriptioniptioniptioniptioniption Suppose we think about this equation applying (approximately) to all goods and services. We can then get a better prediction of the exchange rate by looking at a general price index in each country: price of dollar in euros = price of bundle of goods in Europe price of same bundle of goods in the United States . The price differentials in this table violate the law of one price: there is (apparently) profit to be made by buying Big Macs at a low price and selling them at a high price. Applying the principle of arbitrage, we should all be flying to China, buying Big Macs, traveling to Norway, and selling them on the streets of Oslo. Of course, there are a few small problems with this scheme, such as the following: Deductions after Tax tab.These are deductions aftertax where the amount isdeducted from your netsalary (after tax). Exampleswould be Company SocialClub Membership orChild Care.Investing To play the market without spending,add investments to the ‘Investmentsto Watch’ account. You can see howthe shares perform in the Portfolio.This will not alter your Net Worth orother accounts in Money.