Credit card "lost $1,700"
Started figuring out YNAB and started using my credit card a lot. August I owed $1,800 but for some bizarre reason only had $54 in my credit card category.
So in September I stopped using my credit card until I figure out why I had a positive balance.
So until I figure out what the heck I'm doing wrong I'm not going to use my credit card anymore. I only used it for the reward points.
YNAB Support sent me a couple of videos on why you have a positive credit card balance, and I watched one but it still doesn't seem to make sense to me.
There's a huge difference between what you owe -- the account balance -- and the amount of cash you have reserved to pay off that debt -- the Payment category Available amount. The #1 thing to do is ensure the YNAB cleared account balance matches the real-world account balance.
If you owe $1800, the YNAB account balance should be -$1800 (negative).
Only after that should you worry about the budget (Payment category). If you want this card to have paid-in-full status, the category Available must cover the entire account balance.
Ok, I think I got it figured out because I had cc overspending every month for several months and it created this big deficit. I am going to eliminate cc and use cash again till I get more confidence in my budget...... I can't believe I can't seem to figure out this ynab budget 7 months later. I like ynab, but it can be so frustrating when I do one thing wrong. I "lost" 2 grand last couple of months because I did not understand cc budgeting... grrrrr.
ok back to cash and reboot............... thanks for the help................