How to reflect a temporary category for goals?
I wondered how people use categories for goals like "new bike", "new car", "canon lens XY".
They basically are completed once the goal is reached, but I guess it will be a problem if I delete a category.
Do you name them generically and just re-use them? Or how do you manage this?
If I name them too generically, like "Hobbies", I don't remember what the goal was for.
Personally, I do a fresh start each year on my budget so that we can keep really specific categories in our budget and then just hide them, but each new year, with a new budget, we won't have a ton of hidden categories. You could also use the strategy we recommend in our Wish Farm article (Step 4), which is similar to what you mentioned--have a specific goal, but then when it's fully funded move the money to the category where you'll do the actual spending and then you can delete the category without a problem. You could use the notes to remind yourself of all the goals you accomplished throughout the year.
You just don't want to delete categories (hiding is great!) once you have spending in that category.
I can't wait to hear what others do though!
I have a wish farm, so I save for these things in my Wish Farm. When it comes time to spend I move the money out of the wish farm into the appropriate category. It might be Household stuff if it were furniture, or Fitness for a bike, or Travel, if the bike was for commuting etc.
So I save in one category, then move it to another to spend it.
I have 3 wish farm categories: Small, Medium and Large. I change the name to "L: Bike $1200" while saving for a bike. Then rename it when the bike saving is over.
I use wish farm method but we group our categories differently. Instead we use icons to represent items that are temp. So our temp categories are grouped in with permanent ones. Anything with 🚫 should never be associated to a transaction. Rather the funds should be moved to another appropriate permanent category and the transaction gets a hashtag comment for later searching. (Eg #kidsbed, #grill, #newcar). This is helpful when the funds dont get used all at once. Then when the temp category is done, it can be cleanly/safely deleted without issue
YNAB will treat the deleted category as if it were To be Budgeted. So you might see some unexpected money in To be Budgeted in a past month
Since all the money from the category was reallocated in June 2019, there is nothing to increase past TBB values. If there is a nonzero TBB in the past, it is not due to the deletion of this category.