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> A big use-case as well for me is the purchase of expensive refundable plane tickets - essentially, I buy personal futures in plane tickets when I see a good p
by zrail 11y ago
> A big use-case as well for me is the purchase of expensive refundable plane tickets - essentially, I buy personal futures in plane tickets when I see a good price. The virtual accounts that dual-entry allows means that when I buy a refundable ticket, I treat it as an asset in a virtual account until it's used. Again, this helps me track my spending and budgetting more effectively.
I would like to hear more about this. Do you have alerts set up? Does this end up saving you money? Do you get to re-schedule the flight an unlimited number of times (pushing the future out) or do you have to cancel and rebuy periodically? Can you use exercise the option early?
- peteretep 11y agoIt's far less sophisticated than this. A route I take regularly costs ~$2700-$5000. I refuse to pay more than $3000 so I tend to book all the dates I might travel ~6 months in advance, and cancel them if I don't need them, which costs about $50.