Where did my money go?

I started a budget halfway through December.  The budget has a November entry with 0's across the board.  In December,  I have some money coming in for the month, and money budgeted.  The budgeted amount is LESS than the incoming Funds amount.  I don't know where the difference went.  I expected it to be in my TBB at the top.  Where did it go?  I wanted to be able to start adding some into various categories, but that ~$130 difference is just "gone".  

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    • nolesrule
    • Stealing From the Future fix is an improvement but is incomplete....
    • nolesrule
    • 3 yrs ago
    • Reported - view

    You realize we're at the end of February now.

    What does the Budgeted in the Future line in the header say in December? Most likely you used that leftover money when budgeting January. Unused money in the TBB is still available in the TBB during the next month.

    At this point I would not worry about December and just make sure February is clean.

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  • nolesrule said:
    I would not worry about December

     I'm just worried that things will never be right in the future, if the math doesn't add up right at this time.

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  • December says that ~$130 is budgeted "in the future" - but it is not reflected in January anywhere.

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  • How are "Funds for X month" calculated?  I thought it was from whatever was allocated in the Accounts as "Inflow: To Be Budgeted" ...

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      • nolesrule
      • Stealing From the Future fix is an improvement but is incomplete....
      • nolesrule
      • 3 yrs ago
      • Reported - view

      Ramsey Funds for X includes money unused from previous months that you have budgeted in the current month. I think that's what you are missing.

      All the money is in your budget if the Total Available in your budget (the sum of all categories) is equal to the sum of all your non-credit accounts in the budget.

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      • Ramsey
      • rodeoramsey
      • 3 yrs ago
      • Reported - view

      nolesrule Ok those don't add up.  The Total Available is $0.  And the sum of all my non-credit accounts is $89.25.

      Also, so if the Funds for X is a tally of my Income plus whatever was budgeted from the previous month, my "Funds for December" should only equal my income, because I had nothing in November, right?  What is constituted as "Income"?  Any positive number in any category?  Because technically I had no actual income for December, but did receive money as a gift, so I recorded that into a separate category as an inflow.

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      • nolesrule
      • Stealing From the Future fix is an improvement but is incomplete....
      • nolesrule
      • 3 yrs ago
      • Reported - view

      Ramsey I didn't ask about your To Be Budgeted amount. I asked about the Total Available, which is the sum of all the money in all your categories. I'm sure you don't have zero in all your categories.

       

      Also, if you've been using YNAB for 5 years as you mentioned in the other thread, how can you only have $89.25 to your name? Something tells me you've not been using it properly, even in YNAB4.

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      • Ramsey
      • rodeoramsey
      • 3 yrs ago
      • Reported - view

      nolesrule Never said I have used it properly.  Otherwise I wouldn't be in this situation asking for help and not understanding why things aren't working if I had a huge buffer built up and an extreme knowledge of how everything works.   But thanks for not being condescending.

      And yes, the sum of all my categories is Zero.  I wanted to make sure everything was zeroed out so I could move forward. 

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  • Hi Ramsey !

    I'm hoping an explanation of the header will help pinpoint where your funds are! :)

    To be Budgeted is the sum of the four values to its right:

    +Funds for [This Month] is the total of:

    • the amount leftover in To be Budgeted from last month
    • the amount Budgeted in Future from last month
    • all Inflow:To Be Budgeted transactions for the current month (including from Reconciliation Balance Adjustments)
    • any Starting Balance transactions with a date in the current month on cash accounts (not credit card accounts)
    • any positive credit card balances in the current month
    • any cash advances from a credit account to a cash account in the current month

    -Overspending in [Last Month] is the total of all cash overspending (checking/savings/cash accounts) in the previous month. The individual amounts are shown in red in the last month's Available column for any categories with cash overspending.

    -Budgeted in [This Month] is the total of the Budgeted column in this month. 

    -Budgeted in Future is the amount of this month's funds you have budgeted in future months.

    The thing about checking December is that your account balances on the left hand side of your budget, are for the current month. To compare those to December, you'd need to open each account and select all of the transactions up to the last day of December to see what the account balances were on that date, then compare them to the Available amount in December. Does that make sense?

    Let me know and we'll go from there! :)

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  • Ramsey

    It's been a few days, so I'm going to mark this thread as answered. You can still continue the conversation on this thread so don't hesitate to mention me in a comment if you still have questions! :)

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  • 3 yrs agoLast active
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