Dealing with Debt - Community - YNAB Support Forum

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Better to keep older paid-off car, or newer car to save on expenses?
My spouse and I are working on minimizing expenses. We have 4 cars: one 10-year old paid-off Optima, and three newer (2018-ish) cars totaling about $60K left to pay off between them (about $1500/mo…
- Cadet Blue Router
- Cadet_Blue_Router.18
- 2 mths ago
- 16 replies
- 171
- ynaber2613yesterday
- Dealing with Debt
Seeking advice: where to focus debt paydown?
Hello all, I've got about $44k in personal debt (car loan, LOC, 0% credit card). (The 0% credit card debt is obviously a short-term offer, and the line of credit is there to "rescue" me from high…
- ddreger
- ddreger
- 7 mths ago
- 9 replies
- 163
- ryan_themoneyguy2 days ago
- Dealing with Debt
How to effectively tackle my credit card balance
I joined the debt paydown challenge this year thinking no problemo! And I was doing really well. I got my $4000 CC balance down to $1900 in only 4 months. But then, you know, life happened.…
- Space Cadet
- spacecadet007
- 2 mths ago
- 2 replies
- 129
- 1
- ryan_themoneyguy6 days ago
- Dealing with Debt
$2,600 down $168,000 to go
I started YNAB in July of 2020. We had been struggling to get out of debt since April, yet we were just getting deeper into debt. I would try and budget using excel but it just didn't work for me.…
- Jessie Madden
- Over Spending is my middle name
- Jessie_Madden45
- 7 mths ago
- 6 replies
- 350
- 13
- ryan_themoneyguy7 days ago
- Dealing with Debt
Weighing Options - Personal Loan vs. Aggressive CC Payments
Hello! I'm new to YNAB, but already feel such a sense of relief just having a plan and a tracking tool that makes sense to me. My biggest goal is to pay off my credit card debt,…
- Tan Mixer
- Tan_Mixer.9
- 6 mths ago
- 9 replies
- 177
- 1
- ryan_themoneyguy8 days ago
- Dealing with Debt
Focus on active cc's or default account
I currently have 13 accounts: 5 active, 5 with defaults on credit report, 3 not on my report. Who should I prioritize to pay back? I am paying over min payments on the active accounts and on payment…
- Ivory Mill
- Ivory_Mill
- 5 mths ago
- 4 replies
- 107
- ryan_themoneyguy9 days ago
- Dealing with Debt
Stimulus payment didn't go towards debt
Sooo we knew we were receiving $5,600.00 in stimulus money. We were so excited! We were going to keep $600 to spend on ourselves for once, and put the rest toward our debt.…
- Jessie Madden
- Over Spending is my middle name
- Jessie_Madden45
- 5 mths ago
- 6 replies
- 210
- 5
- Move Light Sound Life12 days ago
- Dealing with Debt
How to handle going into the red
So, I know I don't have enough this week to cover expenses. I am going to go into the red and I know it. In the past, I shut down YNAB and didn't look at it again until I got paid again.…
- Mama Fox
- mama_fox
- 2 wk ago
- 3 replies
- 99
- DexterCat2 wk ago
- Dealing with Debt
Should I Focus on Reducing Utilization or Balances?
I've been journaling about my debt pay down journey with YNAB for some months now and I've paid off about 25% of my balances so far... $22,768 to go! Now that I've taken a few months to build up…
- Pineapple Gal
- Goal-Getter
- Orchid_Wrench.11
- 2 mths ago
- 18 replies
- 175
- 1
- ryan_themoneyguy2 wk ago
- Dealing with Debt
Please help ....
So, im currently up in the deep water of debt, not to include my mortgage and car payment. I have started a debt payment plan but that didnt take in account the two more credit cards,…
- Pat1987
- Military
- pat_that_guy_87
- 2 mths ago
- 7 replies
- 308
- ryan_themoneyguy2 wk ago
- Dealing with Debt
How to handle large upcoming expense?
There's a wedding in the family and I'm a bridesmaid! I'm stoked--but now that I'm using YNAB (for a few months now), I'm thinking about the expense. This wedding is out-of-state.…
- Pink Tugboat
- Pink_Tugboat.10
- 1 mth ago
- 6 replies
- 148
- ryan_themoneyguy2 wk ago
- Dealing with Debt
Looking for opinions on MY debt
Hello all my fellow YNAB peeps! I'm looking for opinions on paying off my various types of debt! Of course, like buttholes, everyone has an opinion, so I'm hoping to read about some varying opinions…
- Emma Catherine
- Civil engineer getting back on track
- emmacatherine
- 1 mth ago
- 15 replies
- 262
- 1
- ryan_themoneyguy2 wk ago
- Dealing with Debt
Keep or sell car?
I am jobless and get 1000 ish usd per month. Not sure if I should sell my car that I bought when I had a job? I spend about 200 usd on it per month for gas, insurance etc. Its a mitsubishi from 2005.…
- Lumion
- Lumion
- 3 wk ago
- 1 reply
- 61
- 1
- Fuzzball Meows3 wk ago
- Dealing with Debt
YNAB + undebt.it Users Community
Welcome! Welcome to a place where folks that are using both nYNAB and undebt.it can share our experiences, wins, and questions, and folks interested in using YNAB and undebt.…
- Krys
- I like bacon and sarcasm
- Krys
- 1 yr ago
- 52 replies
- 1,026
- 14
- polishrose1 mth ago
- Dealing with Debt
Which balance to transfer?
I know that in the long run, it doesn't really matter, but I can't seem to decide what to do here. I want to use this transfer to pay down some of my astronomic cc debt (all legal fees).…
- VanillaCottage
- Believer in the life-changing magic of YNAB4 - since 2013; also Rising from the Ashes in 2021
- VanillaCottage
- 1 mth ago
- 1 reply
- 162
- tekgy1 mth ago
- Dealing with Debt
How to assign money by credit card used?
I've overspent a category with credit that has activity from two credit cards. I want to assign funds to specific purchases in the category, so that I can prioritize paying a specific card first.…
- Green Leopard
- Green_Leopard.15
- 2 mths ago
- 2 replies
- 60
- Green Leopard2 mths ago
- Dealing with Debt
This or That scenario
I apologize if this has already been debated somewhere. Assume that two large purchases have been budgeted for, say $3,500 for a fridge and $2,500 for a new mattress & bed frame.…
- Gold Trombone
- Gold_Trombone.9
- 2 mths ago
- 7 replies
- 176
- 1
- Pineapple Gal2 mths ago
- Dealing with Debt
Help: Refinance Loans after a COVID layoff?
Hi YNAB community 👋, I was wondering if anyone knew if it would be possible to refinance an auto loan and federal student loans if I was newly laid off due to Covid, but have very good credit?…
- RC
- GIS
- rackey
- 2 mths ago
- 5 replies
- 80
- RC2 mths ago
- Dealing with Debt
Amex Plan It, best way to handle in budget.
So I decided to make a large purchase and finance it through Amex Plan It feature. Basically you create a structured payment plan for a particular purchase with Amex.…
- Gold Ink
- Gold_Ink.6
- 1 yr ago
- 11 replies
- 275
- 1
- WordTenor3 mths ago
- Dealing with Debt
Credit cards
I finally bit the bullet and uploaded my credit card into YNAB. I owe about 4000 on it. How do I pay it down with out assigning a category to it? I want to pay it down,…
- Salmon Jackal (b97481a4f232)
- Salmon_Jackal_b97481a4f
- 3 yrs ago
- 13 replies
- 2,169
- Gold Boa3 mths ago
- Dealing with Debt
- Slate Blue Lightning (b7d3059e1104)
- Slate_Blue_Lightning_b7
- 3 yrs ago
- 1
- Reported - view
I believe the category won't be required if you manually enter your payments prior to the sync. I was confused at first as well, but manually entering has helped clear things up for me.…
Home buying - what can we afford least
Hi folks, we are new to these parts and YNAB is opening our eyes to a lot of questions about our finances. Our timing could not be better/worse, though.…
- Navy Blue Filly
- Navy_Blue_Filly.10
- 3 mths ago
- 3 replies
- 122
- Completely Christina3 mths ago
- Dealing with Debt
Consciously going INTO debt...
I am currently debt free. I rent. I own my crappy old van. I budget. I have a YNAB buffer and a bit of emergency fund. Yay me. But I also have support payments and supporting the mother of my kids…
- Ryan Oakley
- Side-Hustler
- oakley
- 3 yrs ago
- 10 replies
- 1,165
- 1
- Completely Christina3 mths ago
- Dealing with Debt
Refinancing Mortgage Early in Canada
My mortgage isn't up for renewal until April 2024. It's at 3.47% with $159k remaining, but I'm seeing the rates so low so I'm curious. I did a quiz on Ratehub and it said to not switch but I'm still…
- Purple Foal
- Purple_Foal.3
- 8 mths ago
- 2 replies
- 105
- Purple Foal3 mths ago
- Dealing with Debt
Mortgage Refinance, 20 year vs 30 year
I curious what other might do in this situation. We are looking to refinance our mortgage. We bought the house 6 years ago, so we have 24 years left of a 30 year mortgage.…
- kLessNight
- kLessnight
- 4 mths ago
- 4 replies
- 77
- kLessNight4 mths ago
- Dealing with Debt
YouTube demonstration living on credit
Hi YNAB Team, I would love to see a YouTube video series (Hannah/Ben) to show how YNAB helps even when you are in debt and using credit when your spending is more than your pay cycle.…
- PaulSue
- paulsue
- 4 mths ago
- 1 reply
- 90
- RachelYNAB Support4 mths ago
- Dealing with Debt

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