Archive for the ‘MMA Users Group’ Category

MMA Users Log – Monthly Maintenance

Tuesday, April 14th, 2009

If, over time, your MMA action plan all of a sudden loses all the action plan entries please notice when this occurs.  I believe it may occur every so often.  There seems to be a small problem when the Heloc payment date becomes several months delayed.  In the Accounts section you edit the Heloc you will notice a payment due date.  That date was many months past when my action plan “lost entries.” 

I used the great, new feature, CHAT, and within seconds a nice gentleman names Jason was asking how he could help me.  He found the problem and updated the next due date to the months end and voila’ everything was fine and dandy after logging off and then back in again.  I asked if this will happen again and he said maybe depending on how quickly that can be fixed.  Meanwhile, if this happens to you then just update the heloc due date and it will correct itself.

Remember, you never have to make a payment on your heloc since your income is getting deposited there.

Have fun getting out of debt super fast!!

MMA Users Log – Small Payments equal Years of Mortgage

Tuesday, January 27th, 2009

Oh My God!  I am a United First Financial MMA client and I recently made a change.  I was paying $130 a month to our Orthodontist for my daughters braces.  The last check was returned to me because that debt was paid off.  When I originally set up the “EXPENSE” as $130 a month I was on version 3 and I could not put in an ending date.  So what I did now is add next month as the ending date for this expense.  I could have deleted the expense since I no longer have it but I thought I’d use the ending date feature.

Well what happened is that my mortgage payoff date moved forward 3.5 years!  Three and a half years with just a $130 increase in cash flow!!!  Wow!! I’m so excited.  It’s pretty amazing the ability of the MMA to calculate that for me and illuminate my money sense.  I’m on the way to becoming moneywise!!