Confused by colors
I'm 34 days into YNAB and I'm getting it slowly.
I had money at the end of January so I put it towards paying some early February categories. But now I'm confused why some categories are orange. Here is an example...
Cash Left Over From January $128.43
Budgeted This Month +$172.00
Cash Spending $0.00
Credit Spending $0.00
Goal Target: $300.00
Budgeted Last Month: $300.00
Spent Last Month: $171.57
Average Budgeted: $300.00
Average Spent: $171.57
Set Available Amount to $0.00
Reset Budgeted Amount
Budget $128.00 more to reach your $300.00 monthly goal.
Why would this category be orange? Isn't the above showing that I funded that category?
You already had $128.43 left over from January sitting in the account. You didn't budget it. You only budgeted $172.00. So you still need to budget $128.00 to reach your $300.00 monthly goal.
I'm guessing that you are probably happy with the balance being $300, and you don't want to budget more to that category... this is one of the 'problems' (or perhaps quirks) of goals.
You could use the "Target Balance" goal instead, but every time you spend from the category it will turn Orange to alert you that your balance is less than your target balance.
Hi Sue! Reilly
Welcome to You Need A Budget! Slow and steady is the way to go!
A Monthly Funding goal asks you to budget that amount each month. You chose $300, and so far have budgeted $172.00 in February. When you add the additional $128.000, you would meet the goal and it would change from orange to green, or you can change the type! Take a look at that link above for the differences between each goal type.
When the month rolls over, positive amounts in your Available column will carry over—building up the amount in your category.
We do have an article that covers the meaning of each color and icon in your budget too! So you can learn a little more about what those mean.
I hope that helps! Let me know if you still have questions. I’m happy to help!