So I decided to change a few categories...
Because I wanted a bit of clarity around some expenses, I have decided to lump some categories together while splitting others. Obviously, if I deleted a Category, it would ask me to align transaction to an existing category.
Where it was interesting the most is around my Internet Subscription... Because I had many that are yearly payments while others are big enough to be on their own, I split most of them... and I decided to reassign all transactions to these no categories...
Well, obviously the amount in categories became really different, but I did re-balance everything and felt good about it... until I found out that most of my past month are pretty weird now. A lot of categories shows negative now, because I created them now and assign them older transaction.
Should I care? Are past budgeting negatives will affect anything moving forward if the current month balance?
I am debating doing a Fresh Start, but.... I like having the history., the net worth and everything...
Forget about the past budget, everything flows forward. Any cash overspending is covered by the increase in TBB in the following months. Just make sure the rest of the current month's TBB goes toward various CC Payment categories that were shorted by credit overspending. (Hopefully you had TBB at $0 before starting all this )
In short, make the current month satisfactory and move forward as normal.
Thanks for the comments dakinemaui , Good Intentions & Move Light Sound Life .
I got the say that I agree it all should be easier than this. But if I accept the fact that there is no solution that would be me 100% happy, I will keep going forward and ignore the past. I do not want to loose the history of my transaction as I have more use to be able to search in the past if needed. I get I could do it from an archive budget, but I will give it a go anyway.
Thanks for the input!
Move Light Sound Life said:
I don't understand why you're ok with completely messing old budgets up.
It's not that I'm completely OK with it, but only because I think most people should be focusing on moving forward. Additionally, I'd say my response was targeting the OP's concern about the impact moving forward:
Should I care? Are past budgeting negatives will affect anything moving forward
Mainly though, the delete already happened. It's going to be VERY difficult to back out what those budget entries used to be. On the surface it would seem that TBB would increase in the month, but as soon as there's overspending (in the new category) in a later month, that money flows forward to fix the subsequent correction.
If there were budget-based graphs, I might have suggested to reallocate in every month -- before deleting the category. However, that is a fair bit of work for very little gain, IMHO. (Granted, that's based on my experience in counting the number of times I've looked back at historic budget entries.)
People have complained to YNAB about the half... way... implementation. They should merge the budget entries just as they do the transactions. Time will tell if they ever do that.