Create Recurring Budget Items

I have entered my mortgage budget (e.g. $2000).  When I move ahead to November there it shows no budget for the mortgage.

Is there a way to make this recurring that I am missing?

I am sure there is but I don't see it right off hand.

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  • I think the idea of YNAB is that you cannot budget money you don'y have, even if you will eventually be paid in November. Instead, create a goal for your mortgage and then budget to reach the goal with each new pay check.

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      • Brian Mason
      • Not super impressed so far
      • Aquamarine_Moose.7
      • 3 wk ago
      • Reported - view

      Gray Falafel This makes sense as I know YNAB wants you to think about each dollar, but does that mean I have to look up and type in all 17 monthly line items each month?

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      • Tom HV
      • tomhv
      • 3 wk ago
      • 1
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      Brian Mason You can use the Quick Budget feature. You can actually apply it to multiple categories at once.

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    • Brian Mason Check out the Budget Template too, to help streamline your process. Or Hannah's video on the subject!

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  • Or you can set up repeating transactions in the account, set to repeat monthly on the  date desired. 

     

    ETA: 

    By clicking on the date, you can select "Make Repeating" from below the calendar.

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      • Brian Mason
      • Not super impressed so far
      • Aquamarine_Moose.7
      • 3 wk ago
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      Bruce Hmmm, but if I don't set "Budgeted" each month won't I get a red flag somewhere?  I can set up pay $1,500 to the mortgage each month but my Budgeted will always be a $0 right?

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    • Brian Mason Each month it will show in red, and then clicking on it will let you automatically set that months budget to the amount needed for the future transactions.

      This is how I manage most of my monthly expenses.  I set them to repeating, and I also put a flag on them.  Then each 1st and 15th, when I get paid and do my YNAB, I check my budget and if I see red, I know it has an upcoming transaction that I need to budget for.  In the transaction itself I use Red flags to indicate recurring expenses that I need to manually pay, then I clear the flag when I've done so.  I use Orange flags to indicate ones that are auto-pay from my account, and then I clear the flag once I have verified they've been paid.

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  • Brian Mason said:
    I can set up pay $1,500 to the mortgage each month but my Budgeted will always be a $0 right?

     You can use the quick budget button for underfunded, and that will budget for the amount needed (based either on the goal or the schedule transaction) 

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  • There is no way to make budget allocations as recurring. You can set up the actual transaction as recurring as in the monthly $2000 payment that is withdrawn from your account. 

    YNAB is based on the cash envelope system so it wants you to budget based on the amount available in TBB. There is the functionality to use "Quick Budget" mentioned in some of the other posts that will take any goals and planned transactions (recurring or one time that  you may set up to remind yourself it is upcoming) to do the budgeting. 

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