Savings-Budgeting & Recording

I have budgeted monies for savings.  I'm trying to understand how I should be recording monies saved so it is reflected against my budget.

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  • In YNAB you save money by budgeting it to a category and not spending it. The balance will carry over from month to month in that category.

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  • it...So, if you're able to save more, do you adjust your budget by that amount?

      • nolesrule
      • Been waiting 5 years for the Stealing From the Future fix...
      • nolesrule
      • 4 mths ago
      • Reported - view

      Thony YNAB is the plan for your money. You can always make changes to your plan and move money between categories.

      You give every dollar a job. Some jobs are for spending now, some are for spending next year, some jobs, like income replacement, you hope to never spend.  You should never have money without a job, except when it first comes into your budget and appears in To Be Budgeted (the big number at the top of the budget screen). If you  end up with more money than you need/want in a particular category, you can move it to another category in your budget.

  • Thanks!

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  • 4 mths agoLast active
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