Newbie needing advise; bills paid forgot to enter in budget first

I'm new to YNAB so I'm going to hopefully explain this correctly.

 

I didn't go on for a week or so, and in that time I paid most of my bills.  Those bills hadn't yet been budgeted for in YNAB, but the money already came out of my account and is paid for.  How do I get that column out of the red?  If I budget for it, say my mortgage, now to make it green it takes it out of my current amount of money.  

 

Please help!  

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  • That’s what you need to do. Budget for the bills. 

     

    Make sure your account is reconciled and then move on. 

    Reply Like 1
  • If you start using YNAB on date Y, you need to budget for spending that takes place after date Y. Even if other spending took place this month, you don’t budget for it if it happened before the day you started. 

    Reply Like 1
  • A red category indicates missing money (in this case because you paid the bill with it). Thus, you need to reduce one or more other categories to reflect that reality and move it to the overspent category.

    Reply Like 1
  • Khaki Boat said:
    If I budget for it, say my mortgage, now to make it green it takes it out of my current amount of money.  

     That's what is supposed to happen. If you paid your mortgage, you have less money left. If you record that you paid it, it will show you that you have less money left. If you don't record it (by making the category green), YNAB will show you having more money than you actually have.

    Reply Like 1
  • Hi, Khaki Boat.

    Ideally, you want your true expenses (things you need to pay every month, such as your mortgage, insurances, rent and so on) to be grey after they've been paid.

    If a category is green that means there is more money in that category for payment. As you say you've already paid your mortgage then you don't need to budget any more in that category, so it should be grey.

    The category went red as you had spent the money, but hadn't budgeted enough for it.

    You will need to move money from a different category to your mortgage category to cover that overspending.

    You mention your "current amount of money" - do you mean the big "To be Budgeted" at the top of the screen?  That should be 0. If it isn't, it means you're not giving your money a 'job' click on the category and then select "To Be Budgeted" as the category for "Cover this overspending with".

    YNAB is a bit confusing to begin with, but I really find Nick True's videos helpful:
    https://www.youtube.com/channel/UCfRqvJFJ6LLQ62lKmOUXATw

    Reply Like 1
  • I appreciate the replies, but I think there is some confusion to what I mean, perhaps on my part.

    I reset the budget to start over because I was too confused, but I still have a current example.

    I thought my husband already paid the electric, but he didn't.  I hadn't budgeted for the, say $100, so now it's red. I get that.  BUT if I budget for it now, out of my "to be budgeted" (I was starting to budget for next month, but removed the money) it's not a true reflection of my current money available because YNAB synced my bank account.  

    So YNAB is saying, hey you have $1000 in your bank account, but that's AFTER I already paid my electric bill.  So if I take that $100 out now, it will say I have $900 left, but I really have $1000 after paying the electric.  Does that make sense or am I wrong in how I  think ynab works?

     

    OR does YNAB keep my previous "to be budgeted" numbers and not just my current account numbers (but may add my pay check to the to be budgeted?  I've done zero balance budgets before, but in cash which was pretty simple lol.

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      • nolesrule
      • YNAB4 Evangelist
      • nolesrule
      • 1 mth ago
      • Reported - view

      I can't follow this, because you keep jumping back and forth between account balances and the budget.

      If your account balance already includes the payment, then you don't have to budget for it because there's no transaction to enter. If the account balance does not include the payment, then you'll need to budget for it because you'll have a transaction for the payment which will reduce the category balance, and if there's nothing budgeted it will go negative.

      Reply Like
  • Khaki Boat said:
    does YNAB keep my previous "to be budgeted" numbers

     Yes, it does.  The missing money is shown as a negative CATEGORY balance, which offsets the "larger than you might expect" value that is still in TBB (or anywhere else in the budget for that matter).

    Reply Like
      • Khaki Boat
      • Khaki_Boat.8
      • 4 wk ago
      • Reported - view

      dakinemaui ok, I think that makes sense.  So, if I paid my electric bill at $100, then my TBB would be $100 more than what's currently in my checking?

      Reply Like
    • Khaki Boat 

      >my TBB would be $100 more than what's currently in my checking? 

      Sort of. The better answer is that SOMETHING in the budget is overstated. Rule 1 is to take TBB down to $0, so usually that means one (or more) categories are overstated. Either way, being overstated is misleading, which is why you're supposed to fix it as soon as possible.

      Reply Like 1
      • nolesrule
      • YNAB4 Evangelist
      • nolesrule
      • 4 wk ago
      • 1
      • Reported - view

      Khaki Boat TBB is money that hasn't been assigned to categories yet. You should budget so your TBB is zero. You should have no negative categories. Rule 1. Give every dollar a job.

      Reply Like 1
  • It almost sounds like you are hung up on transactions that had not cleared the bank when you started YNAB?  How many of these expenses have already been taken care of this month, in your budget, but hadn't cleared the bank yet?

    Reply Like 1
      • Khaki Boat
      • Khaki_Boat.8
      • 4 wk ago
      • Reported - view

       MsTJ  correct.  I think I have it figured out.

      Reply Like
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