Sorry you must have JavaScript enabled to view this site properly
DueMon CashAllot Logo

DueMon CashAllot

Money Management

Agent-Client System Logo


UnixDime Rewards

DueMon CashAllot

How It Works

How to organize bills and manage money

with DueMon CashAllot Method

Why do you need it.

Almost everyone has the following items:

  • bank account
  • paycheck
  • credit card
  • home mortgage/apartment rent
  • utility bills/services bills
  • insurances(auto/home/life)
  • loans(line of credit/car loan)
  • other payments

And all money flows among these accounts (from one to another) at specific dates with specific amounts and frequences:

  • you receive paycheck and deposit it on a bank account
  • with a specific frequency you have to pay bills and other payments from your bank account.
  • you make purchases with credit cards and receive statements with due amounts that are to be paid off before due dates
  • and then everything repeats again and again.

The above is a regular financial cycle of almost every person or business entity.

If you have only a few items then everything seems to be quite simple. But usually people have lots of such items with numorous dates and amounts and it becomes very complicated to control money flow among them.

Duemon CashAllot method simplifies that complexity.

How it works.

Let's look into details of this method and understand how it works on some examples. In our examples we will use regular simple situations common to most household people.

Assuming you have a bank account and you make most of your payments from and deposits to it.

Also you should have some income that covers your expenses. Very often paycheck has some kind of regularity in recurrence and amount.

Then you should count all your payments that you make from that bank account directly. Do not mix up direct payments from your bank accounts with everyday spendings that you make with credit cards.

All your payments could be arranged by the following properties:

  • Recurrent payments or one time payments
  • Payments with fixed dates or payments with due period to be paid off before due dates
  • Recurrent payments with variable amounts or payments with fixed amounts

Once you consider the above properties for each payment you are ready to plan future payments.

First you should start with recurrent payments that have fixed date and amount. Usually those are pre-authorized automatic transactions from your bank accounts. With DueMon CashAllot you may set automatic recurrence for such transactions. Using this feature you create such recurrent transactions only once and then DueMon CashAllot will generate their recurrence automatically.

After recurrent payments you may plan payments that have flexibility to be paid off within due period before due date.

Paychecks and recurrent payments with fixed dates and amounts form a base plan of future transactions where you may find the most efficient dates for payments that have some periods to be paid off.

Such payments shall be planned before their due dates but after latest paycheck where it is possible. Usually those are credit cards and bills payments. DueMon CashAllot provides special color marks to indicate due dates for accounts you set as due tracked. This allows you to determine the most efficient dates for such payments when you plan them.

Plan of future transactions.

If you set all your payments on timeline graph you will get something similar to the following:


You may see how future balance will change after each planned transaction in tracking balance column.

First start.

For the first start DueMon CashAllot automatically creates set of currencies and accounts that may be used as templates or examples for your individual financial data. Each of these template accounts has common name and preset properties according to its spesific purpose. You may either edit these templates by renaming them and changing their properties or create your own ones.

For each your payment or bank account you shall create an account in DueMon CashAllot that will duplicate real one. In other words with DueMon CashAllot you create a draft plan or a guide for your future actions on your real accounts. You do not have to create them at a time. Once you receive a bill or a credit card statement you may add an account in DueMon CashAllot and set its properties. You may need to activate balance tracking properties for some accounts and tracking due dates and amounts for others depending on their specific purposes.

Regular household has about 20 - 30 accounts in total including bills, credit cards, loans and other regular payments. And the above procedure have to be done only once. Therefore it may take only several minutes to create all your accounts and set their properties. Then you just work with you constant set of accounts.

Once you are done with accounts and their properties you switch to cashflow view where you receive timeline with special marks based on your accounts properties. At this point you may see the most efficient dates when you have to assign transactions in future to cover all your bills, credit cards and other payments.

Watch video

Watch the following video guide "How To Organize Bills and Manage Money with DueMon CashAllot":

  • watch video Part 1

    Registration. First start. Manage accounts. Organize bills and credit cards.
  • watch video Part 2

    Plan future paychecks, recurrent payments, credit card payments and bills payments.

Step by Step Guide

To better understand all the features of this incomparable program it is also recommended that you use Step By Step Guide for DueMon CashAllot.
This guide includes comprehensive explanations and various screenshorts.

Finally, if you've got the idea of DueMon CashAllot Method you are ready to get started!

Get Started >> FREE!