Credit Overspending

I'm sure this has been answered, but my searches haven't been successful. I overspent on a credit card earlier this month. I knew I was getting paid soon, so decided to roll with it instead of WAM. I've since gotten paid, and the first thing I did was make sure I filled any categories I over spent on. In my budget everything is green. Why, then, do I still show overspending on my CC? I don't recall what this charge was for, so I'm struggling to double check that category. I believe it was a purchase for say $50, where I had the first $12.34 already budgeted, and a little bit over spent, so just searching for the amount doesn't work. Will this screw up my budget going forward? I do have my CC on autopay, so I'm not overly concerned, just confused.

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  • Do you have any inflow transactions categorized directly to a spending category (not TBB)? There is a bug in YNAB where they can sometimes mask overspending since that increases the category enough to be green.

    Bottom line is yes, your budget is off and needs to be corrected. The sure-fire way to do that in this case of a paid-in-full CC is to make the available payment (CC Payment category) match the entire working account balance.

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    • eloquentz
    • Numbers Wizard (Accountant), Acoustic Artist (Musician) and Jill of all Trades (Wife & Mother)
    • eloquentz
    • 5 mths ago
    • Reported - view

    If you click on the activity in your credit card, you should be able to see all the transactions and then narrow down which category is missing money.  YNAB prioritizes cash over spending versus credit, so it might not be a category that you used your credit card for, it might be somewhere else.

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      • dakinemaui
      • dakinemaui
      • 5 mths ago
      • Reported - view

      eloquentz It would definitely be in a category for which this CC was used. It's true cash spending is prioritized over credit, but hopefully it's obvious that it can't do that unless credit was, in fact, used. 🙂

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      • nolesrule
      • YNAB4 Evangelist
      • nolesrule
      • 5 mths ago
      • Reported - view

      dakinemaui One thing of note is that cash advance type transfers will always show as overspent on the CC register screen because of the way things are calculated... or at least that was the case a couple months ago. It's possible they've fixed it.

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      • dakinemaui
      • dakinemaui
      • 5 mths ago
      • Reported - view

      nolesrule Yes, that's something to keep in mind. Thanks for the reminder.

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  • I have this in the case where I buy discounted gift cards. For example: I spend $150 at the grocery store, $100 for groceries and $50 for a gift card. I then create a split transaction - the $100 for groceries is reconciled with  the budgeted amount in my grocery budget - np.  I assign the gift card to my 'gift card' category.  I have an 'available cash' category, so then I move $50 from 'available cash' to the credit card category (on the budget page). Now everything is reconciled and proper, but the CC accounts page will state I have $50 overspent for the month. I have talked to YNAB support about this and they say I am good to go...that this is a 'quirk' of CCs within YNAB. Maybe your situation is similar?

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