Using a CC as primary purchasing for the points
I'm so math stupid. So I am using a CC to gain extra cash back for all my purchase. I categorize the purchase since my cc goes into my Ynab feed.
My bank account also goes into my Ynab.
I pay of the cc at the beginning of each week but I don;t know how to put that payment so things balance out.
Does this make sense?
Hi Spring Green Case !
Credit card payments should be entered as transfers (outflows from your checking account and inflows to your CC account) - as Jaye_m said.
To learn more about how credit cards work in the new YNAB, take a look at our Quick Start Guide to Credit Cards and consider taking our Master Credit Cards with your Budget workshop! :)