Then we'll continue our conversation here in the forum! then when the new month rolls around, i move the money from that category to TBB. If it takes you a few weeks to wrap your brain around the concepts, you’re not alone. If things still aren't adding up, mention me in a comment and we can take a closer look at things! Did you budget money to cover your initial credit card balance? I just left it alone, as I think that might help you to see what is going on. Then, add up all of your accounts with positive balances. Up in the ‘Available to Budget’ area, ‘Budgeted in May’ jumps by $22, which reduces May’s ‘Available to Budget’ to $78 – because I’ve assigned those $22 to cover the … Sorry, so busy I forget to elucidate substantially! I just sent you a quick email asking for permission to access your budget. You need to reduce your budget in all the Everyday Expenses group to match what you actually spent. So you do not accidentally import into that account. :). My cash accounts balances are correct to the penny. Any thoughts? I didn't realize that closed accounts still counted. Direct import allows you to see all your transactions in YNAB. Easy peasy. Any helpful insights would be amazing! It’s a method of setting up your budget—using Monthly Funding Goals and Category Balance By Date Goals—so that you can get a month-ahead view of your finances, regardless of whether or not you have enough cash in the bank, right now, to pay for the entire month. satcook will do. Make sure to check hidden categories too! Thank you YNAB support for finding the error I introduced in 2016... it was also a split transaction not totally accounted for! Thanks! Would it maybe make sense to put my credit card payments in that category instead of leaving uncategorized? Once you’ve done that, let me know—and mention whether you’d like to continue the discussion here or via email instead. 2 Confirm any Closed accounts have a … EveryDollar vs YNAB, compared, may leave you feeling like there’s not that much of a difference between the two. Check those areas and let me know if things still aren't adding up! Not having imported due dates for bills forces you to track due dates in another system, so that you assign your … On second thought, it could also have something to do with my Accounts Receivable I've set up (work expenses and insurance claims to be reimbursed). In the same time, the sum of all my budget accounts is 7654.60 (which is true). It looks like that difference is located in a closed account. Plus, I don't want to make anything worse! Anyway, My 'Available to Budget' (using YNAB 4) doesn't make sense to me. I suggested in the feedback it should not be possible to save a split if the values don't add up. 6. ), something is wrong with the software. Trying to figure out how to use Goals? Your totals in step 3 and 4 should match, to the penny. I believe it but I can't see any way to enter a transaction in a closed account. Once you try it, you’ll never go back. If your category balances don't add up to the total of your deposit account balances (and be sure to check future months! Any thoughts?? If I somewhere have a total transaction of let's say 17.68, but the splits add up to 10.00 (that is 7.68 less) the account would decrease 17.68, but the budgeted total only decreases by 10.00 and therefore have 7.68 too much in Available total. Once I went forward through the months again to the present all of a sudden I saw that some budgeting lines that had lain dormant since last year were all of a sudden populated again. You can easily set a new goal to pay down debt, spend a certain amount, or save a to a specific number and YNAB will remind you of your goal every single month. Everything you didn't know you could do to your YNAB … it does seem with your workflow, YNAB may not fit your needs compared to YNAB 4. i do hope YNAB 4 continues working for a long time for those that don’t feel YNAB is worth the recurring expense. YNAB is strictly budgeting software. You can set your budget up on the Mobile App, but I find it far easier (and quicker) to do this on the desktop currently. For example, if your account balance was $1,000 and you budgeted $800 of it, the top of your screen would say you have $200 to budget. Maybe there is? YNAB does NOT allow you to budget money that you don’t have, and is a “Zero-Based” budgeting system that is built to assign every dollar to a category. If there are any hidden accounts, those would be taken into account as well. Select a font from the Google Fonts library or choose to use your system font. Mic_Deb Sorry, I was out yesterday, but happy to hear you were able to get things ironed out! Hate the Age of Money display? I started using YNAB at the beginning of last month and everything is going great except now that the month is flipped I've gotten confused. Help me Obi-wan Kenobi, you're my only hope! Hold up, is this forum only for the new YNAB? Another thing that is confusing me is I add interest charges from my credit card to a budget category, and then to keep my categories balanced, I allocate money to that category (Reimbursable/Debt, in my YNAB). can you help me find and fix the problem? My balance is higher than my amount that I can budget, and also.. what I've allocated this month. The payment came out today, as you will see and it is all messed up. That's why savings accounts are Budget Accounts--you'll give each of your savings dollars a job, too. I started using YNAB at the beginning of last month and everything is going great except now that the month is flipped I've gotten confused. The more often you reconcile, the easier it’ll get. To get this fixed, use the reconcile feature in the web app (on your computer). No closed accounts, re-checked tons of times, and still lost as to what transaction is doing this to the budget. Related to personal finance, budgeting, money and financial matters. I sent you an email, to follow up for Faness with more details on what I'm seeing in your budget. Right now I have $1000 left to budget from my checking account. I have $4,421.13 available to budget, and $1,709.44 in my checking account. Thanks so much! You may need to pull some money out of your emergency fund or other categories to correct this. Let’s continue over email. If you still have questions, you can respond here or to the email I sent! Plus, it makes Quick Budget even quicker! Slate Blue Saxophone I think I looked at the wrong budget initially, so I've sent you two emails. This was helpful in figuring out that I do have a problem! bevocat Correct. I've reconciled all my accounts, and the dollar amounts for each account in the left column match my actual balances at my banks. Let us know if you have any questions! My "To be Budgeted" is much higher than the amount in my account that is un-budgeted money (as in the real To be budgeted amount the does not included the money reserved for upcoming expenses, is not the same as the to be budged amount in the app). Your budget name and API token can be stored as defaults that load when the module loads, so you do not need to specify these every time. I did some deep digging (5 months), and I too found a screwed up split transaction that was the culprit. I am having the same issue and what scares me is I am not sure how long this has been going on or if this is the first month. If you choose not to set a date, there isn’t a way to be off track, so there won’t be an alert if you’re short of your goal. 3. Any overspending there? Thanks so much! mamster Thanks for your reply. Megan The sum of all the money in your budget categories is equal to the sum of all the money in your non-credit based accounts. Now, add up the cash in your accounts. People then tend to worry about duplication, but you can assure them that A) YNAB will match them up! Do you miss the Buffer? It was that a split transaction had 4 entries — 2 original and 2 duplicate. (This is a separate account, not in the YNAB budget, correct? HELP! Having this same issue. This takes my budgeted amount to $72 – which matches my $72 outflow. Can you help? I have the honor to be your obedient servant. Instead, it asks you to budget every pound of your income from the outset, and to adjust this as you go, to help you reach your financial goals. After all, those dollars are truly gone from the budget. YNAB is the best!!! How you divide your pizza pie is up to you! Navigation Tabs Height Ivory Crab Check your category available balances, there could be more in a category than you expect! You could open a separate browser window for the YNAB account and your online statement to more quickly check them back and forth. The two most popular budget apps are You Need a Budget (YNAB) and Mint. They want you to plan for upcoming bills so that when they happen, you aren't in a mad dash to find money to cover it.. If you overspent on a credit card, last month’s category balance will display in orange, and the amount that you overspent will be added to your card balance. My issue now is that I can't seem to figure out how to get rid of that positive amount? At first I thought it was probably due to the credit card balances, since that still seems complicated to me but I don't see anything there- the numbers seem to be matching. Preferably though, you would go back to this month’s budget and budget less in a few categories until To be Budgeted is back in the green at zero. Hate the Age of Money display? I set things up and gave it a month-long test run using their 34-day free trial . The offending account was a credit card account but I will rectify that. We want every dollar to have a job. Here's what it looks like in YNAB: However, when I add up the "available" column in my budget, I have over budgeted-- there is more money "available" than is actually in my account by about $600.00. 1. Thanks. You could open a separate browser window for the YNAB account and your online statement to more quickly check them back and forth. A scheduled transfer to the account created before its closed in a different account will post to the closed account. 1. I live in the UK and the new YNAB’s automatic import tool does not work with UK banks. :). HI! All sorted, thanks. Or like a tighter look with less row padding? The money I have available to budget doesn't match the money I have in my account which IS reconciled and all the transactions are accurate and match my statements. Perhaps our worst-kept secret is the (ever-so-popular) budget template. My Total Available is greater than my account balances. You can set your budget up on the Mobile App, but I find it far easier (and quicker) to … Once you’re in the habit, you’ll knock it out in a few minutes (or less!). YNAB helps you build savings in different categories of your budget, and promotes pride when you actually accomplish that. HELP! Thank you so much for replying. :). Jannelle Thanks for your help! Tiller Money is an awesome YNAB alternative. A cheaper alternative might be GoodBudget app. if I want to know how much extra money i should have in my account say 6 months from now, i can click on that month and see. Beige Captain I'm still trying to figure out out how it can happen. It will just make sense. Let's take a look at the budget now in the budget, we created a matching category for the credit card payments on the account and notice the account balance does not match the available amount for the credit card payment category, and … this is terrifying since it means i’m giving jobs to $100s i don’t have. I'm happy you were able to get things ironed out! I disconnect any accounts before I close them. Faness Thank you. jb1 I'm glad your problem has been solved as well! I sent you a quick email walking through it. Faness Done! Once you’ve done that, let me know—and mention whether you’d like to continue the discussion here or via email instead. Let me know if you have any questions! having the same issue. As a follow-up, would it make sense - if I do things as I have explained - for my 'Pre-YNAB Debt' to be the same amount as all of those credit card balances? Also, keep in mind that Tracking accounts are not included in your budget. With Rule 1 in the YNAB Method, you'll Give Every Dollar a Job. :). This is because no money has entered or left your budget, so your category balances will not change. 1. Most traditional budgeting software and philosophies look backwards at what happened. It sounds like we may need to dive a little deeper on this one! From there, the balance is updated by the transactions you enter and import. this gives me an idea when i can pay something off, like a loan. This takes my budgeted amount to $72 – which matches my $72 outflow. Have you tried the Self Audit steps above? You You can see it right here on the left. I mean, maybe the concept is the same, but yeah, hmm... ncpfist People definitely answer YNAB 4 questions in this forum, but starting a new thread with YNAB4 in the subject would be a good idea. I searched all accounts for the amount less or equal to 7.68 but too many to feasible find a mistake like this. 4. Jared I love it when users beat me to the answer! Budgeting Your Savings. The biggest reason is people don’t see a reward that matches their work and their input. YNAB will match up imported transactions with those you enter yourself so your account balances are always accurate. We'd be more than happy to take a closer look for you! Do you have any money budgeted into your categories? When Closing an account, YNAB asks you to move the excess funds to an account that's still open in order to prevent issues like this. It looks like everything is matching up between your accounts and your budget. Up in the ‘Available to Budget’ area, ‘Budgeted in May’ jumps by $22, which reduces May’s ‘Available to Budget’ to $78 – because I’ve assigned those $22 to cover the overspend in my Electricity category. I'm having a similar issue. Never mind, all. We'll get this figured out! but entered transactions and then back-filled the budget (maybe that was my mistake?!). If you overspent on a credit card, last month’s category balance will display in orange, and the amount that you overspent will … I went to the next month to check the numbers so I'm not sure where that money is? :). If so, let me know and we can take a closer look at things! How many budget accounts do you have and are you looking at all of them and not just one account (as your last word in the quote above implies)? Maybe that somehow makes sense depending on how the algorithm works. , Follow YNAB to get support and lots of great ideas on budgeting, YNAB book topics online: https://support.youneedabudget.com/r/q5w48j. It sounds like we may need to dive a little deeper on this one! I am fairly new to YNAB and I'd like to have it work! Your totals in step 3 and 4 should match up exactly. Then increase the Savings budget to $474, to match the amount you actually sent to your savings account. I have exactly the same issue. A written guide and accompanying video highlighting all of the settings available in the Toolkit for YNAB browser plugin for You Need A Budget. I bring this up, because that also affects my available to budget, but the bottom line is that I don't have as much in my checking account as the 'Available to Budget' and 'Budgeted' areas of YNAB would lead me to believe. 4. It would probably behoove you to create your own thread for cleaning up post-migration. Let’s stop here for a minute, just in case your To be Budgeted was negative. YNAB allows your to put your categories under headings. one thing i liked about quicken is I can schedule all my bills and income and then it keeps a running total on a monthly calendar. YNAB works best if you let your income accumulate in the “to be budgeted” area throughout the month and then allocate these dollars on the first day of the next month. I do have 1,462.91 "available" in my credit card but adding that up with my budgeted amount then exceeds what I have in my checking. (If you are familiar with YNAB, you’ll know that when your Age of Money reaches 30 days, you have reached the goal of living on last month’s income.) Not only does YNAB help you stay on budget and within your categories, they also help you set and achieve specific goals. ncpfist Can you post a screenshot? Depending on the dates and order things are inputted your running balance will most likely not match. Otherwise, it will never go down? Close • Posted by 4 minutes ago. Let us know if you still have questions! Once you’ve done that, let me know—and mention whether you’d like to continue the discussion here or via email instead. With the new YNAB, if you’re not already YNABing, I can at least give you a way to check it out (hooray for a free 34-day trial! If I include that, then everything adds up. Indeed, it would be good to have split entries validated whether they do add up. I got to step 5 and I was off. Account zeroed out and closed, then another transaction gets imported, scheduled/transferred, etc. Check for a negative number in your To Be Budgeted balance. I really don't think we are riding the credit card float-we just use the card for auto fuel and hotels, and last month (the first month we had the credit card linked to YNAB) I had cleared up all the little "credit card symbols" in my budget before rolling into June (pulling the money from the "unexpected" and "fuel" categories), but maybe I'm missing something or not thinking about it right. Advance to next month's budget. If that doesn't leave you with enough in Feb, then move money from one or more green categories until your higher priorities are satisfied. I just sent you a request via email. So how do I get my "to be budgeted" amount to match up to the amount of money that's currently available in my checking account? So, for example, if I paid the student loan payment, the large home maintenance bill we have been saving for, and the medical bills we would be out of money, even though it looks like there is money set aside for these things. Ivory Crab So, did you just start today, or do you have stuff in January? I have $559.78 in my cash accounts and only have $177.71 in the available column, but TBB is telling me I have $201.99. "Total Available" amount plus "To Be Budgeted" amount does not match my "Account" Total amount nYNAB I am using [nYNAB] and I have Googled and read numerous reddit threads as well as the official YNAB quickstart and multiple other instruction pages. I think YNAB is a great app and deserves appreciation and acknowledgement for what they have done. A quick bounce around the YNAB website will be enough to give you positive vibes that this is a company that knows how to make budgeting fun. Violet Orca Sorry for the delay here! You can easily set a new goal to pay down debt, spend a certain amount, or save a to a specific number and YNAB will remind you of your goal every single month. That’s just one of many little things YNAB does so much better than EveryDollar. Are you not talking about migrating to nYNAB from YNAB4 at all? Here's what it looks like in YNAB: So, what happened? I have followed the steps above and the two amounts don't match; there is more budget available in YNAB than I have cash. Max My problem has been solved, thanks to the YNAB support. Automatic Imports Like most budgeting apps, YNAB connects to your bank and credit card accounts and … You … Furthermore, Pocketsmith should make it easier to monitor your forecast balance amounts vs actuals. I'm having the same problem; Total Available doesn't match total of total cash budget accounts (accounting for any positive credit card amounts). With all of your cash in one place, you use YNAB categories to break up that money into the areas that you need. All of my other accounts are credit card accounts, and are in the red. In the past I just left a significant buffer in my checking account so that there was never a risk of dipping below zero if a bunch of bills autodrafted before I was paid. Everything I have spent so far has been budgeted, right down to every dollar. I am having the same problem. When the transaction does clear, with direct import YNAB will match this transaction. monkeyhanger Thanks! Your To Be Budget amount should not match what is in your checking account. Follow YNAB to get support and lots of great ideas on budgeting, . Thank you! Thanks again, that does help me better understand the credit card part! Alice Blue Projector Alice, is the problem that your bank account balances are invalid in YNAB? Checking, savings, a business account, credit, and then cash on hand. I went to next month's budget, added the "total available" and the "to be budgeted" and "budgeted in the future" and it is $319.98 more than the total cash available in my accounts (I added my checking and savings accounts, do not have any credit cards with positive amounts, and no closed accounts). To do that you enter in values in the "Budgeted" column until the Available to Budget value hits 0.00. ). (YNAB does what it can to match them up, but it’s not perfect, so this does take a mindful eye). When you have a moment, respond back and we'll go from there! Precede what its name was with something ridiculous that stands out. Add that to the amount you have left To be Budgeted and any amount Budgeted in Future, if applicable. Yesterday afternoon, I started the trial for YNAB’s Web app, having held out as long as possible with my beloved, beautiful YNAB4. This feels like I'm budgeting money to pay off interest, which isn't something I'm actually doing. For example, set a goal to have $20,000 budgeted for a house down payment and YNAB will help you track your progress. Hi! Hello there, For the YNAB personal budgeting tool, I am trialling access with some Python script. I also have a referral code, but isabel got there first, and I'm just a ML lurker, so I'll leave that to her. Pocketsmith makes hard work of monitoring your actual vs budgeted spend. About 6 months ago, the You Need A Budget (YNAB) team reached out to me to review their budgeting software. If I decrease one of my budgeted amounts, it will put that $5.01 back into TBB. We have been using YNAB through more than $100k in net worth increase; I find it very worthwhile. We are going to budget our “to be budgeted” to zero like YNAB’s first rule states. A discussion subreddit for popular budgeting software You Need A Budget. If you reconcile and make sure everything in YNAB is correct and current, I would just adjust the balance. Faness I was having the same problem that initially started this thread, but after following the helpful instructions throughout, I've tracked my problem to a positive balance in a closed account from long ago. while not as native as YNAB 4, it’s the same concept. Now, if you’d like any dollars to be in a different category, you can confidently move money. Where is that money? Now I'm even confusing myself! Everything you didn't know you could do to your YNAB budget screen. Unfortunately, that doesn't solve the discrepancy between my budget and actual account balance, which is around $600 and far more concerning. 5. You will, in both scenarios (date or no date), see your goal progress when you select the category. A general purpose Qustodio Parent Portal enhancing browser extension for Chrome and Firefox. Max Thanks. You can always pay your credit cards in full and still be living on the float. You can trust your budget when three things are true: Your account balances in YNAB match your bank Your To be Budgeted is positive or at $0 There are no … I just sent you a request via email. :). Samantha Lehmond Thanks for responding to my email! In YNAB you can have all of your money in ONE account. Want to know if you're Stealing from the Future? . And it is really frustrating. Goodbudget is a budgeting app that helps … Budgeting Your Savings. I have 79$ to budget however over 500$ in my accounts, YNAB is telling me everything is ok (which seems odd). Be sure not to skip this step! KEY FEATURES: Bank Syncing Easily connect all your accounts in one place and import your transactions, so you always have up-to-date information. I sent you an email with a few more details, but wanted to respond here as well! Note: Now the credit card balance should be $0.00. What about your credit card? (YNAB does what it can to match them up, but it’s not perfect, so this does take a mindful eye). Faness Hi! So I was looking into ynab. monkeyhanger Got it. I'd love to have you access my account and see if you can figure out what is off. It sounds like there may be overspending in the current month or budgeted amount in the following month - these would affect your To Be Budgeted and Available amounts in the following month. While still using YNAB 4, you just had to drool over it (mmmm Fancy Berry Pie!) They are off by $217.62, which is the same amount as my Credit Card payment category, and my credit card balance (including one pending transaction).
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