New Country, New Bank : best practices for YNAB starting now
I just relocated to a new country (and have a new bank account) and wondering what would you advise in terms of budgeting?
I'm lucky enough to have no rent to pay, and very minimum Bills for the first few months.
I'm tempted to start from Fresh on a new budget. (and basically, save all my money on the other account)
Need more info. Are you paid in the currency of the new country? Consensus is a sperate budget for each currency is cleanest. If you expect many of the same categories, a fresh start is an easy way to copy your budget layout.
The methodology still applies. What are monthly expenses? What are True Expenses? Will you have the income to cover monthly expenses once they do start?
Make categories and make a plan (aka budget).