UGGGG...this is my 20th attempt at YNAB and I don't understand!
First I must apologize. I just don't get this stuff. But I really want to understand YNAB and how to set up a budget. So I added all of our checking and savings accounts and our two credit card accounts. Now the total that I have to budget INCLUDES the credit card balance. So it appears that I have $5500 more money to budget than I actually have in my money accounts. What is going on? Why the weird gymnastics? Did I do something wrong? This is why I always lose faith in this program....please help.
This will be the case if your CC account balance is positive. If you actually owe in the real world, the starting balance transaction in YNAB is incorrect. Hint: the amount should be in the Outflow column.
I don't know if you imported or entered things manually, but it doesn't really matter why. Edit the starting balance transaction to be an outflow.
Hey Gold Wildebeest ! I’m glad that you reached out. We're happy to help get you up & running!
The dollars included in To be Budgeted are from your cash-based Budget accounts: checking, savings, cash, and positive balances on credit cards. Do you have any closed accounts with a balance? If you're using an older budget, maybe there is one you forgot about. You can expand the Closed section in the left column to double check!
This article has steps to check that the cash in your accounts matches the cash in your budget. If that doesn't match up, I'd be happy to look closer! You can enable Support Access and let me know the name of your budget. We can continue here, or via email if you'd prefer. 🙂