Available balance is yellow even though it matches budget
Hi Everyone... I currently want to set up a $500 budget goal for dining every month. If I under spend, I want the additional money to roll to the next month. So if I under spend by $100 this month, I would only need to budget $400 in the next month. However, YNAB shows my available balance in yellow because it still thinks I need to budget another $100 even though my available balance says that I have $500. Is there a way to make the available balance green? Yellow stresses me out because it looks like I am doing something wrong even though under spending should be rewarded. Thanks!!!
That's the goal type I used. The "Spending Goal" type seems to ignore any balance that rolls over. So in my example above... I want $500 to spend every month and $100 rolls from the prior month. In YNAB, the Budget column shows $400 and the available column shows $500 in yellow. It seems counterintuitive. YNAB thinks that I still need to budget another $100 since the budget column shows $400. But if I budget $500, then my available balance will show $600. The only way to get the column to green is if I sweep the $100 from the prior month. This becomes a maintenance nightmare to sweep positive balances every month.
Steel Blue Packet said:
This becomes a maintenance nightmare to sweep positive balances every month.
There are workflows that make it not a maintenance nightmare, such as budgeting the whole month on the 1st and using an Income for Next Month category until then.
In that case, the monthly process would be as follows:
1. Reconcile all accounts
2. Cover overspending in prior month
3. Sweep (to TBB, then high-priority) in prior month - only a few clicks.
4. Release money from INM to TBB.
5. Budget following month. Once you can get to nominal values in the following month, it's even easier.
It seems like a lot, but it's fairly foolproof.
I dislike the spending goals because they don't calculate immediately, which is different from every other aspect of YNAB.
To me, fiddling with my nominal values (I was good with dining out, so now I budget less) in the following month is a lot more work than just putting the extra where I want it in the previous month. Ultimately, it has the same effect because of those mathematical properties we had to learn in school. 😉