Fresh start - how to handle excess cash balance
I’m doing a fresh start after using for YNAB for a year and erasing $40k in debt.
How do I handle remaining checking account balance in “To Be Budgeted” when all expenses and sinking funds are funding?
Create a category and place it there?
Alice Blue Mill said:
I also am able to cover my budget 60 days out
Opinions vary, but I prefer to put money for months past next month in an Income Replacement category. As I see it, messing about editing things across each of the next 6 months (working on more since I work in a tough field) when a bill increases or my priorities change is a lot of unnecessary busy work.