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I'm new using MoneyMax system and I'm learning through actual hands on experience using it.

I'm new using MoneyMax system. I learned in going through it every month that it is better to have only one major primary checking and one primart savings account to simplify the money transfers back and forth each account, including strategic transfers. This must be included in the training, in person or by videos.Mention also in the training to use the actual date when the expense is actually deducted or show up in the checking or deposit in the savings, taking into consideration the processing time. You may have paid or transferred money but it may take 1 or two days or more to have it processed or cleared until it shows up in the bank account as paid or received.Make a video of a complete round of actions from beginning to end of the month cycle including execution, updates of balances, and bank balance reconciliation including adjustments of differences. When do we consider adding interest earned or charged when the bank or credit card statement is before or after the action plan date. Do we only update the account balance and consider the interest already added to it, then disregard executing the action plan for the interest amount?I had a terrible experience keeping up with my account balances because I had four bank accounts that had numerous Action Plan transfers cris- crossing each account and I ended up negative on one bank account that I have to rush one day to deposit cash in one account in person to avoid penalties and bouncing payments. It is extremely difficult to keep up with the balances when some accounts are waiting for clearance and availability even after 3 working days, especially that it happens on a weekend or holidays. I then decided to delete my other two external bank accounts and keep only 1 primary checking and 1 primary saving within the same bank, for ease of transfer back and forth within the same day.The training videos does not take into consideration or explain/caution on the clearing time needed between two banks (one external) and availability policies. I'm still learning till now and will probably take two more months to really have a grip on this.

Date of experience: Sep 02, 2025