Underfunded category is off
This month I had to move a few thousand dollars from my emergency fund category to my yearly taxes category (ouch). I used the "move money" feature. All is well, except now my "Underfunded" amount under "Quick Budget" is a few thousand dollars high. I'm guessing this has something to do with the fact that I have a Monthly Funding Goal of $100 for my emergency fund. Since I moved money out of this budget rather than fund it, is that why it messes up my Underfunded amount?
I thought by using the "moving money" feature, it wouldn't affect my monthly funding goals. It's not a big deal, but since I'm new to YNAB and still getting the hang of this "only budget money you have" concept, I like to reference the Underfunded amount to estimate how much income I still need to bring in this month in order to fully fund all my categories (I'm on a variable income).
Any tips of how to allocate that money to my taxes without messing up these numbers?
You could try moving the money between categories in last month's budget instead of this month's. You're right, though. The underfunded amount only looks at what you've done in the budget column (which was subtract the thousands from savings to add to the tax category).
Someone may have a better idea, but that's the first thing that comes to mind.
I have variable income as well, and I've found it much easier to target my average income in the budget outlay. When I get more income than that, I stash it in a holding category (Deferred Income). When I get less than average, I move the shortage from the category to TBB.
Thus, I no longer have variable income as far as budgeting the rest of the budget. The consistent amount reduces errors and allows better priority trade-offs.
Oh, and cross your fingers that the high months happen before the low ones! 😉