Made the switch from #ActualBudget to #beancount for my personal finances

The ecosystem is nice
- #fava, #beangulp for imports, #beanahead for recurring transactions, #favaCustomDashboards for charts, and #favaInvestor for portfolio tracking

Also went overboard with custom stuff:
- PDF importers with #ML payee/account prediction
- Custom linters for validation
- Forked #favaEnvelope for envelope budgeting
- #Makefile with 28 targets for price fetching to #FIRE calcs

#plainTextAccounting is great when you can just write #Python to solve your edge cases

#personalFinance #doubleEntryAccounting #CLI #fintech #devlife

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Understanding the Document Module: Day 2 – The Foundation of a Financial Accounting System | Joche Ojeda

The dominant economics paradigm of our time (the “mainstream”) gets many things wrong; one of the worst is that it ignores double-entry accounting. Meaning what, exactly? Well, the federal budget deficit is only the debit side of the currency-creation ledger; the asset side is the supply of US dollars! And mainstream economics doesn't understand this—or teach it! 2/3

#TheDeficitMyth #TheFederalDeficitIsOurMoney #Deficit #Economics #DoubleEntryAccounting #BothSidesOfTheStory #MMT

Most people think reducing the federal budget deficit is a good thing. Makes sense, right? I mean, if I’m broke & have bills, that’s bad! But there’s a problem: The analogy between my finances and those of a currency-issuing government is false. Wrong. Illogical. So why do so many people keep getting it wrong? Turns out, they’ve been misled—by economists! 1/3

#TheFederalDeficitIsOurMoney #TheDeficitMyth #Deficit #Economics #DoubleEntryAccounting #BothSidesOfTheStory #MMT #PostKeynesianEcon