Trusting the budget - method

We made some changes, and want to be sure that the "to be budgeted" is correct. I know it is basic, but I forgot what method we use to make sure our budget can be trusted?

Thanks!

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  • Hi AMS,

    If your accounts, on the left, are reconciled and up to date, that is verification you are only budgeting the money you currently have.  There have been times recently when I had so much money coming and going in my budget (insurance claim for water damage) that my head was spinning and wasn't sure how much I had.  I reconciled my accounts daily and trusted the numbers.  It got me through.  

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      • AMS
      • YNAB-ing since YNAB 3.
      • Ams
      • 3 yrs ago
      • Reported - view

      TryingToGetAhead THANK YOU!

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  • Sometimes I finagle things too much and get paranoid I'm budgeting imaginary money (especially when it comes to reimbursements!).  If you really want peace of mind, try the following:

    1. Sum up the available cash in your accounts 
    2. Sum of "Available" for this month + Sum of  "Budgeted" for future months = B

    These 2 numbers should match! 

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      • AMS
      • YNAB-ing since YNAB 3.
      • Ams
      • 3 yrs ago
      • Reported - view

      Snippy Thank you very much. I guess I needed reassurance... It's all good now!

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  • 3 yrs agoLast active
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