How to create a standard budget

Is there a way to create a standard budget that I'm missing? I want to create the exact same budget, month after month. The problem is that since I change budgets throughout any given month to 'wack a mole' everything is all out of wack by the next month. I can't just copy the budget over at that point, I need to set all categories manually to get how I want them. In YNAB 4, I would just take the current month and copy well into the future....I can't do that with nYNAB because of the future stealing problem.

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  • I don't think you can do this in easily in nYNAB, but I also don't think you should.

    In my experience with YNAB 4, if I did it like that with a "standard" budget copied into the future, I found out two months in that I had some misconceptions about my budget and needed to adjust it anyway, rinse and repeat. I find it important to ask yourself questions like "I've WAMed groceries for the last three months, am I lying to myself and should I really budget more towards that?" etc.

    That being said, if you are really determined to do it like that, I'd add monthly funding goals to the categories that you know you can set in stone, then quick-budget for underfunded categories, automatically covering the goals you set.

    Reply Like 2
  • Creating a Budget Template (YNAB Blog post)

    Budget Templates (YNAB Help Document)

    There's also a Set Up Your Budget Workshop - during which the subject of template might come up.

     

    I wouldn't establish the template too soon.  As Peter  points out, it can take some time before your category allocations are realistic and reasonable.  A lot of us just included the target amount in the category name when we started -- Groceries $150 -- and this made it obvious but didn't get overly complicated with goals too soon.

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  • This has been requested by users since at least 2008, when YNAB Pro was the current version.  It has never been implemented by YNAB in any version of the software.

    You actually could copy a month ahead; just negative budget some category in the amount you have budgeted in total, to make next month a net zero budget.  If you have a large e-fund, you could either negative budget that to make the month-forward template work, or you could create a deferred income category (manually re-creating Income for Next Month) to make that work.

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  • The Budget Template that currently exists in nYNAB seems way more complicated than what I'm looking for, which is just a simple pre-fill. It would be really nice to be able to start out each month with the basic vanilla budget that works for me.

    Thanks Patzer  , I think I could give that a try with the e-fund....I guess the main issue there is I won't have a true picture of that category in the current month. I guess I could use a fake income category and pull out of that in future months....gotta love the workarounds lol. My goal is to make my initial budgeting simpler so I can devote more attention to the finer points throughout the month.

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      • Patzer
      • Retired at age 60. Thank you, YNAB!
      • Patzer
      • 6 mths ago
      • 2
      • Reported - view

      JR5445 You would negative budget the e-fund in the forward month, so the current month would be correct.  When you do your budget for next month, eliminate the negative budget on the e-fund and then it's right for that month.

      This really only makes sense if you can budget a full month at once; that requires a workaround to re-create the effect of Income for Next Month anyway.

      Reply Like 2
      • JR5445
      • JR5445
      • 6 mths ago
      • Reported - view

      Patzer Perfect, I'll try that. I do budget a full month at a time, and I do wish I could have the income for next month wall...

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  • JR5445 said:
    My goal is to make my initial budgeting simpler so I can devote more attention to the finer points throughout the month.

     Could you expand on this idea a bit more? I think the solution might be in the question, but I want to make sure. 

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      • JR5445
      • JR5445
      • 6 mths ago
      • Reported - view

      Ben Khaki Storm I'm looking for a quick budget, but instead of average or spent last month, I want a button showing saved amounts so I can keep using the same budget every month.

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      • Khaki Storm
      • YNAB book topics online: https://support.youneedabudget.com/r/q5w48j
      • Khaki_Storm.1
      • 6 mths ago
      • Reported - view

      JR5445 That's what I thought, and as already stated here, YNAB doesn't do that well. There's a couple of workarounds mentioned already. I've been using YNAB for 5 months now. My workaround is outside of YNAB. I looked for a way to make as many categories the same each month, then amount spent last month is the amount to budget this month. My electric provider calls it level billing, and my gas provider calls it budget billing. In each case, they are billing me the same amount every month. My true balance with them can be either positive or negative, so I still have to keep an eye on that to avoid owing a lot at the end of the year. Like, just because electric is only billing $100/month, doesn't mean I can leave all the tvs, lights, etc. on in every room. I was paying every 3 months for my trash service, I asked about a monthly payment plan and learned they had one, but there was an extra $5/month to be monthly. I didn't want to do that, but I also found out there was a very good discount to pay 1 yr in advance. I did that, and now I have a goal set to budget the same amount every month so I'll be ready for next year when I need to pay that 1 yr in advance again. It doesn't work for every category, but it helps reduce the time needed to budget next month out for 13 of my 45 or so categories. I lump more things together than most, I suppose, but thinking of my time vs. the need to track something separate I keep more things together.

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      • Peter
      • Professional Designer, Web Developer
      • lasty
      • 6 mths ago
      • 4
      • Reported - view

      JR5445 Use category goals and the underfunded quick budget option for this. Have you attended or watched the Set Up Your Budget workshop? https://www.youtube.com/watch?v=sQeS5kTE6wU

      Reply Like 4
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