Monthly Goal Is Green But Should It Be Yellow?

Hi all,

The dollar amounts I'm using here are for example only.

I'm fairly new to YNAB, I just set up my accounts and budgets on November 1. I set a goal for my mortgage for $1,000 by the 1st of each month. I budgeted the $1,000 right away and there was a transaction for paying my mortgage on November 1 so it shows I have $0 available in that category and it also states I have met my monthly goal (so it's green).

So now I'm thinking "well, how do I make sure I keep funding this each week accordingly without seeing it yellow indicating I need to do something about it?" I don't have enough money yet to have the 1-month buffer and the luxury of the "quick budget" button on the first of the month to just auto-populate a whole month's worth. I also don't think I want to allocate my first paycheck all to the mortgage as I want to spread out funding each budget more evenly (maybe this is my problem and I'm not thinking like ynab enough?). 

Either way, I tried to check the goal to be the end of the month and it still didn't change stating I met my goal. Do I maybe just need a goal of double my mortgage on the first of each month?


 

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  • Use ynab toolkit

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      • Justin
      • Budget, You Need.
      • jw21
      • 3 wk ago
      • Reported - view

      Josiah Borja I read about this in a few places, I even thought about making my own scripts. Seeing you point the toolkit out, I set it up. Wow, that's got SO much extra stuff that is great! Thanks so much! Now my scripts might just be narrowed down to automating populating my budget on a weekly basis and automating filling out some Google Sheets that I keep on a yearly basis to track/plan and make sure I'm on track for the future plans. 

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  • Each week as you get paid click to the next onto and budget 1/4 of your mortgage payment there

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      • Justin
      • Budget, You Need.
      • jw21
      • 3 wk ago
      • Reported - view

      satcook Sorry, I might not be following. When you say to click on "next onto" are you referring to the next month or is there a button in the budget or transaction view I may be overlooking? 

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  • Ignore it, and budget to fill the category by month end. The first month's budget is frequently atypical.

    Alternatively, you could budget in next months area as you receive checks this month. I don't personally like part of my plan hidden on another screen, but it's possible.

    Side note: as you may have gathered, the particular day is ignored by the goal.

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      • Justin
      • Budget, You Need.
      • jw21
      • 3 wk ago
      • 1
      • Reported - view

      dakinemaui Thanks for this! It makes sense that it'll be until month 2 for some of this stuff to normalize. I set my goal for the end of the month and will plan to have it fully funded so I can start fresh in December! Thanks again!

      Like 1
  • Splitting expenses across checks is quite in-line with "YNAB thinking". I believe splitting ALL categories across each check provides the same clarity that being a month ahead provides. It's obvious what you can afford since the scaled down month has to fit within the constraint of a single check. It's the same process (Rule 2, in fact), just with smaller chunks.

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      • Justin
      • Budget, You Need.
      • jw21
      • 3 wk ago
      • 1
      • Reported - view

      dakinemaui Thanks for confirming I'm on the correct thought train. I had one thing I was hitting my head over the table with that I finally realized that "Oh, this is not the ynab way, I need to change my thinking." So I brought that up in my original post realizing I'll probably run into my stubborn thinking again at some point, haha.

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