How to roll over budget amounts from a previous month?
A new month starts and all my budgeted amounts are zero. I don't want that, I want those fields to be populated with the same amounts I had last month. How do I do that?
Do you have goals and scheduled transactions set up? That’s the easiest way to quickly populate the budget. The amounts don’t “roll over” in the manner you are saying it. Only amounts that are available at the end of the month will roll over. Think of YNAB as a giant envelope system. Each month you have to take all your money and stuff the envelopes. If there is money left over at the end of the month, you can leave it in there or move it around.
I'm sure someone will jump in with a link to an awesome video or article going over how to do the quick budget (using the goals and scheduled transactions I mentioned) but I thought I’d jump in for a quick answer to why it’s not doing what you thought it would.
A little late on the jump, but we have a help doc called How to Create a Budget Template that explains how to set up your budget so you can budget the same amount in all or some categories each month using goals and Quick Budget, just as MXMOM suggested.
Just in case this in your first monthly rollover, here are some other things you can expect:
- Positive Available amounts roll over — If you had money left over in the Available balance of a category, that money will also be available in the new month.
- Negative amounts are removed from your categories — Negative Available amounts do not roll over into the new month. When you have uncovered overspending, you can't trust your budget when making spending decisions. If it was cash overspending, the negative amount is applied to the new month's To be Budgeted balance. If it was credit overspending, the negative amount will show in your credit card debt balance. Add funds directly to the Credit Card Payment category to pay back that debt.
- Budgeted values are set to $0 — The Budgeted column contains the money you've budgeted this month. When a new month starts, you haven't budgeted any money yet, so the Budgeted amount will be $0 (if you didn't budget in the future). When more money enters your budget, you can give every dollar a job and the Budgeted amount will increase. If you move money out of a category, the Budgeted amount might become negative, which is totally okay!