New Budget Mid-Month - How to Deal with Goals?
Hi All 👋
I recently got back into YNAB and started a new account on this new fancy web-based version.
The problem I have is that we're already mid-month, and a bunch of my savings goals for the month have been ticked off on last month and/or my first cheque this month.
So, for example, I have a cell bill of $85.79 per month, I have a dedicated account with my bank to pool that money, and that pool is sitting at $85.11 right now (and also as of setting YNAB up).
In YNAB, I create the account,
Assign the opening balance to the category,
And create the savings goal,
However, as you can see, it's still showing that I need to budget $85.79 when in reality I only need $0.68 🤔
What did I do wrong here? How do I need to enter in this data to help YNAB understand the "real" situation?
Also, if possible, I'd like to solve this without fully backdating my budget.
Thanks in advance!
I don’t remember exactly how a spending goal reacts to direct inflows or how, I confess. But you’ll satisfy its demands by categorizing the money to TBB then budgeting it to the category instead of inflowing it. Always categorize new money to the budget as TBB unless it is three-R money: refunds, rebates, and reimbursements.