Best Way to List a Savings Account I Use Fairly Often
New here, Thanks for your help!
We have a savings account where we keep money for our kid. I use the mobile app, and I currently see the account listed under the budget tab and also under the accounts tab. (This may not have been the correct way to set up this account in the app)
When I have an expense for the kid, I run into a funny loop:
1) The funds come out of the budget tab, as expected.
2) The funds have not yet been transferred in my "real life bank account," from savings to checking.
3) If I do transfer the funds IRL, then my YNAB budget suddenly has additional money that I'm pretty sure doesn't exist.
I think I have something set up wrong, but I'm new, and I can't quite figure out the best path for my use case.
Sounds like you have it set up right but are making the transfer incorrectly. The transfers are at the top of the payee list. Should look something like "Transfer:Checking account name". When you do the transfer correctly between accounts, it won't require a category and no funds will be changed in your budget.
This is assuming both accounts are in your budget and neither is a tracking account.