UGH! I'm so frustrated trying to learn and understand this program!!!!
I thought I had everything set up properly a few days ago.
Then I updated my credit card purchases from the last few days in December and it's screwing up all my budget categories in January and somehow my available to be budgeted is totally different than what I know I actually have available in my checking accounts.
I'm so frustrated and just want to start over from zero again but can't even figure that much out.
I'm ready to just go back to pen and paper accounting.
YNABs support staff are great, and saved me from many a headache when I was getting started. Their credit card system is notoriously difficult, so many people employ a workaround that involves treating your credit card like a checking account.
Reach out to support and they'll wall you through whatever issue you're having right now!Reply
YNAB has a bit of a learning curve! The end of the month / beginning of the month transition can be tricky, especially if you're just getting started and if you are importing transactions in January that actually occurred in December. You should definitely switch back to December's budget and make sure you have corrected any overspending that you might accidentally have. Uncorrected spending from the last month will either reduce your To Be Budgeted number (if cash overspending) or create extra debt on your credit cards (credit overspending). https://docs.youneedabudget.com/article/769-overspending
Just in case... note that your "To Be Budgeted" number represents the amount of money that you haven't budgeted (given a job) yet. When you first start using YNAB, it will match up with whatever money you have in your checking accounts, but after that point you'll see that number increase as you get new income and decrease as you budget that money to your categories. Generally, you want your TBB to be zero, indicating that you've budgeted out any available money to your categories. That TBB number won't reset at the start of the new month and equal the total money in all your accounts.
Definitely consider watching some of YNAB's classes (https://www.youneedabudget.com/classes/), checking out their YouTube channel (https://www.youtube.com/user/YouNeedABudget - there are some pre-recorded classes there), or emailing YNAB directly (firstname.lastname@example.org) if you need additional help.Reply
Hi Violet Yeti !
It sounds like something happened when the month rolled over with those spending categories. If you’re up for it, we can take a closer look at what's going on! Go ahead and enable Support Access for your account. Once you’ve done that, let me know—and mention whether you’d like to continue the discussion here or via email instead. :)Reply
First, I swear it's worth it... in 3 years my net worth is up 218% (not all due to YNAB, but YNAB kept me from spending it!)
Second, sometimes I "cheat" and change the dates of things I've purchased at the end of the month to the 1st of the next month. Someone will say that's not the way YNAB should work, but if you had everything perfect it's not a bad way to deal with it now and learn the lesson for later.
For example, I forgot to log the groceries I bought on New Year's Eve. It cleared my CC and my grocery budget went red for Dec. Instead of going back and adjusting the budget I adjusted the date on the transaction for the 1st, but that does mean I'm dealing with less money in my groceries category so you'd have to deal with that depending on the category.
Hope that helps! It took me at least 3 tries to really get into YNAB, once I did it's now just second nature and has helped my stress, finances, etc. tremendously.Reply
I'm not sure if this is the answer, but one slightly odd thing I noticed is the posting / timing of credit card transactions that are automatically imported. What I mean by that is things that I actually charged to my card on December 30, didn't post until January 2nd, so it hit my YNAB in January. I had to manually switch a few transactions to Dec 30 / Dec 31 to properly place them in December.Reply
I think it should occur when you spend (let go of) the money, not when you get the thing.
But, Roll with the Punches means; you budgeted for it December but paid for it in Jan. So reduce funding in the December category by that amount and transfer that to the January category.
Your budget is meant to be a plan, which will need tweaking, not a set of rules which you must follow regardless.Reply