Transferred money from checking to savings

I  just transferred money from my checking to my savings, but the green To Be Budgeted amount didn’t change. Why is that? Will it change after the transfer clears? I never noticed that. 

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  • If the savings is an on budget account, nothing but the location of the money has changed and you still have the same amount of money in the budget.

    Like 1
      • Bakari
      • Bakari45
      • 1 yr ago
      • Reported - view

      Flyin'Brian , okay, but if I transferred $900 to my savings account, that means I’m not using that money for other budget categories. $900 still shows in To Be Budgeted. Are you saying I should budget that amount into categories? I'm not sure I'm following this correctly. 

      Like
      • MartyH
      • MartyH
      • 1 yr ago
      • Reported - view

      Bakari The bit that hasn't been clearly stated or confirmed is whether or not your savings account is an on-budget account (like your checking) or a tracking account.  The budget (including TBB) is all about money entering or leaving your budget.  So a transfer between two on-budget accounts doesn't affect TBB. 

      Savings, like an emergency fund, that are in on-budget accounts need a job.  In this case, "Emergency Fund" or "Income Replacement" would be appropriate category names for the jobs assigned to this money.

      YNAB really doesn't care what on-budget account your money is in.  It's all about the job you have given it.

      Like
      • Bakari
      • Bakari45
      • 1 yr ago
      • Reported - view

      MartyH , yep, my Savings account is an on-budget account, but only $900 of it is in the Emergency category. I don’t have the rest of that money in any other category.
       

      For a while I had about $500+ in savings, and then a few months ago I started having $40 automatically transferred from checking to savings. Those automatic transactions show in my YNAB account as s transfer, as you know, and they don't require a category. Those automatic transactions automatically take place after I get back near the first of the month.

      However this month when I transferred some extra money into my savings, that extra transfer money showed up in my TBB. I never noticed that before. It meant that I had to do something with it. So because I have all my other real expenses covered (car registration, insurance, holiday spending, etc.) I wasn’t quite sure what I need to do with that money. It could easily be applied to a vacation, another big payment toward my car loan, etc, but I want to keep in my savings for a while, which I'm calling my Emergency Fund.  

      I even have a category for Unexpected Payments or overspending in another category, but I want want make sure enough funds are in my Savings for a loss in income, an emergency flight, or computer replacement. It’s hard to know what it would be used for.  Hope that all makes sense. 

      Like
      • MartyH
      • MartyH
      • 1 yr ago
      • Reported - view

      Bakari Good explanation; I think I understand what your  saying.  You said:

      when I transferred some extra money into my savings, that extra transfer money showed up in my TBB

       So my question is:  was that transferred from your on-budget checking account? 

      If so, it should have behaved like any other transfer with the payee being Transfer:Savings (or whatever the account name is) with no category needed and no affect on TBB.  If this accurately describes the transfer, but it does affect TBB, I recommend contacting YNAB Support.

      If it's transferred from some other off-budget account, then it will increase TBB and you need to give it the correct savings job (probably Emergency Fund if I understood you right).

      Like
      • Bakari
      • Bakari45
      • 1 yr ago
      • Reported - view

      MartyH yes both the checking and the savings are on budget. That's why it confused me when the transfer showed up in TBB. My automatic checking to savings transfers never showed up in TBB. But I would prefer that they do because though YNAB contends that it's not concerned about which account the money comes from, it matters to me because if I'm going to pay for something using my savings, I will first need to of course transfer that money to my checking and then budget it the spending category. The way it's set up right now I guess it's okay, but maybe Faness  can tell me if I need to fix something. 

      Thanks for your help. 

      Like
  • Yes, all the money in your budget needs a job. TBB should be zero.

    Like 1
      • Bakari
      • Bakari45
      • 1 yr ago
      • Reported - view

      Flyin'Brian , hmm, okay. It’s still kinda weird. Seems like though I have the money in savings, I shouldn’t be spending/applying it in other categories. But okay, I’ll get it to zero. thanks for your help. 

      Like
      • nolesrule
      • YNAB4 Evangelist
      • nolesrule
      • 1 yr ago
      • 3
      • Reported - view

      Bakari The money in your savings account needs jobs too. "Savings" isn't a job. What are you saving the money for? if it has a purpose, it needs a category. if it doesn't have a purpose, you should be putting it to work by investing it to grow your wealth.

      If you say to yourself "I can't invest this money because it's need for XYZ", then XYZ is that money's job. Create an XYZ category and budget it there.

      I would also suggest you read this article:

      The Relationship Between Your Budget & Your Accounts: It’s Complicated

      Like 3
      • Bakari
      • Bakari45
      • 1 yr ago
      • Reported - view

      nolesrule , my savings account is my emergency fund. I have categories for vacation, computer, car maintenance. When I budget for those categories, I know it’s money in my checking account. Whereas the money in my savings doesn’t really have a job other than it’s for an emergency fund which I hope I don’t have to use anytime soon. lol. 

      Like
      • Bakari
      • Bakari45
      • 1 yr ago
      • 2
      • Reported - view

      nolesrule , Okay, based on that article you sent me, I think I just need to add an Emergency Fund category and budget the money I transferred to my savings account. That will get the TBB to zero. 

      Like 2
      • nolesrule
      • YNAB4 Evangelist
      • nolesrule
      • 1 yr ago
      • 1
      • Reported - view

      Bakari  If it's your emergency fund, then that would be the proper category to budget the money to.

      As you've read in the article, purpose and location are separate. So that means that when your savings account accrues interest, there's no reason you would have to add that money to your emergency fund just because you consider the savings account your emergency fund.

      Over time, as your budget grows you may find you prefer to just keep the checking account lean, and put any money you don't need in the immediate future into savings accounts (or CDs or I Bonds) to improve your return on the money in your budget.

      Like 1
      • Bakari
      • Bakari45
      • 1 yr ago
      • 1
      • Reported - view

      nolesrule , yeah, I thought about just keeping all my money in a checking account, but in my head I need an emergency that I'm budgeting separate from checking account. YNAB has disciplined me to fund several different true expenses, but I need to also save for future loss of income, unexpected travel, etc.. Maybe when I grow that emergency fund to over $2K I can take part of it and throw into bonds or CDs. Thanks for your help. 

      Like 1
    • Bakari Sorry to add in so late here! Nolesrule is absolutely correct about budgeting your savings towards what they're covering (in this case, your emergency fund)!

      I just wanted to add a few other resources (on top of the link given above) to help explain savings. It sounds like you've got it now, but I want to leave these here for anyone else that may stumble upon this thread. :)

      – Here's an article showing you how it all works.
      – We have a 7-minute Whiteboard Wednesday about savings.
      – Our free workshop about savings called Reach your Savings Goals!

      Like
      • Bakari
      • Bakari45
      • 1 yr ago
      • Reported - view

      Faness , thanks. So budgeting the money into a Emergency Fund category is okay, correct? I already have other real expenses covered. It’s possible expenses I haven’t planned for that my emergency fund may be used to cover. I think I now get why the TBB doesn’t change when money from the checking account is transferred to savings. But nearly all the money I spend is from my checking account, so I want to make sure that when I budget the money I know which pot it’s coming from, checking or savings. I once thought about not using a Savings account, because I like the concept of giving all money a specific job, but  for me the Savings account money is my emergency fund for expenditures I didn’t plan for. Does that make sense? 

      Like
      • nolesrule
      • YNAB4 Evangelist
      • nolesrule
      • 1 yr ago
      • Reported - view

      Bakari said:

      so I want to make sure that when I budget the money I know which pot it’s coming from, checking or savings.

       When it comes to budgeting, these aren't separate pots. You still need to separate the idea of location vs. purpose. You need money in your checking account because that's where your money needs to be when you spend it. Until then, it can be in any account you want.

      A savings account is just a different kind of bank account from a checking account. Mo more, no less.

      There's really no such thing as savings in your budget. It's either spend now, or spend later, or spend at some unknown point in time. That Emergency Fund could need to be tapped as early as 5 minutes from now. You never know.

       

      I think what you really want to do is just make sure you keep enough money in your checking account to cover your cashflow needs.

      Like
      • Bakari
      • Bakari45
      • 1 yr ago
      • 1
      • Reported - view

      nolesrule I totally get you. I could easily budget the money for other categories and goals. I could for example add an additional month's buffer of expenses in my account with that money. But there’s something motivating about having that money sit in the Emergency category for while. I can move parts of to another category when it’s needed. Sooner or later we both know that money is going to be used. I just don’t know where yet. My checking account cash flow is better than it has been in the last five years thanks to budgeting.   

      Like 1
    • Bakari Budgeting towards an "Emergency Fund" category is definitely okay - we even suggest it! :)

      If you have things like "Car Maintenance" and "Home Repairs" funded, your "Emergency Fund" becomes more of a catch all for the unknown. I've seen "Loss of Job" categories, "6 Month Expenses" categories, and more. It's less about where those funds are located and more about what you want them to do - be that now, later or at an unknown point. 

      Like 2
      • nolesrule
      • YNAB4 Evangelist
      • nolesrule
      • 1 yr ago
      • 3
      • Reported - view

      I agree with Faness . You won't find an Emergency Fund in my budget. I do have 6 months worth of expenses in a category called "Income Replacement". And I have other categories for the Big Three emergency expense types - Home Maintenance/Repairs, Car Maintenance/Repairs and Medical.*

       

      *well, technically I don't have a funded category for Medical since we use anoff-budget HSA as our medical category for all covered expenses.

      Like 3
      • Bakari
      • Bakari45
      • 1 yr ago
      • 1
      • Reported - view

      Faness , I'm buffered ahead for a month, and but would be great to have $6 Months Expenses if I made enough income to make that happen. As for now, I have that Emergency Fund category that only reflects a part of what’s in my Savings account. I explain how that happened in an above reply (https://support.youneedabudget.com/r/y7jav9). But it sounds like I should have all my savings accounted for in my budget. 

      Like 1
    • Bakari That's exactly right - you'll want all of your savings to be accounted for in your budget. It doesn't all have to be in your Emergency Fund - maybe there's $900 in your savings account but you want $700 in the Emergency Fund and $200 towards a Vacation (it goes back to giving those dollars a job).

      It's perfectly fine if saving 6 months' worth of expenses isn't possible now (it wasn't possible on my end for a long time). As you follow the YNAB rules and continue to budget, you'll save up for what's most important to you - maybe that's 6 months' worth of expenses, maybe it's 3 months' worth, or maybe it's something else entirely. :)

      Like
      • Bakari
      • Bakari45
      • 1 yr ago
      • Reported - view

      Faness so if I do an automatic transfer from savings to checking each month, (1) should that amount show up in TBB though no category is required? I've never seen it show up. But this month the manual $900 transfer  did show up in TBB, even though the transaction required no category. That's why I created the Emergency Fund category to get the TBB down to zero. (2) If I'm going to budget the rest of my Savings,  how do I do that if the money is not in the TBB, but it's in my on budget savings account? 

      Like
      • nolesrule
      • YNAB4 Evangelist
      • nolesrule
      • 1 yr ago
      • Reported - view

      Bakari If the savings account is in your budget (not a tracking account), then the money in it is either sitting in TBB waiting to be budgeted or it is already assigned to one of your categories (the same as any other on budget account). Moving money between two on-budget accounts does not affect your TBB nor your categories.

      Are you sure you set up the transfer as a transfer-type YNAB transaction and not as a matching pair of unlinked transactions (one in each account)?

      Read that article again that I posted earlier. You keep saying you get it, but you keep asking questions that imply that you don't.

      Like
      • Bakari
      • Bakari45
      • 1 yr ago
      • Reported - view

      nolesrule , I did read your and other articles, and I as far as I know I understand what means to give all my money a job and budget accordingly. But I guess there’s a technical aspect of this that I might have overlooked, or never understood when all along I thought I did. 

      nolesrule said:
      set up the transfer as a transfer-type YNAB transaction and not as a matching pair of unlinked transactions (one in each account)?

       Last year I had similar questions about the savings account and how it works. I was told I could keep a Savings account and not budget for it in my YNAB. So that’s what I did. In the last few months I started to do what I guess is a “transfer-type YNAB transaction,” which I guess is a transferring money from my checking account to my savings account. Like I said before, I have never noticed that automatic transfer showing up in my TBB. The transactions say, Transfer to Saving Capitol One > Category not needed. It’s only when I transferred the $900 to savings that it showed up in the TBB. 
      As for a “matching pair of unlinked transactions”, I don’t know what that is. If I’ve misunderstood it all this all this time, well I don’t what else to say. I have spent lots of time in YNAB understanding it to best of my ability.   I’m managing my money to the best of my understanding despite my lack of understanding of this issue. Maybe I just need to start over, which is something I don’t look forward to doing.

      Like
      • Patzer
      • Retired at age 60. Thank you, YNAB!
      • Patzer
      • 1 yr ago
      • 2
      • Reported - view

      Bakari It's not a matter of starting over, which you probably don't need to do.  It's a matter of understanding how accounts are different from categories.

      When I started using YNAB a decade or so ago, I kept my savings accounts off budget.  This was deliberate, because my major goal at that point was to avoid dis-saving.  Then I thought about things, and created a second budget that only contained the savings account I thought of as my escrow account.  It had categories for property taxes, homeowner's insurance, and a couple other largish infrequent expenses that I thought about in terms of saving for them, even before I had a budget.

      What happened over time, as I funded my categories better in my primary budget, was that I built up more cash in the checking account than I had carried before I had a budget.  Pre-budget, my practice for property taxes was, write a check to the town and transfer the exact same amount from my escrow savings to my checking account.

      After I'd been budgeting a while, I found I didn't need to transfer as much to checking from the escrow account as the total property tax bill.  So I did a workaround to account for money that my escrow budget had borrowed from my main working budget, in order to earn more interest.

      Eventually, I saw that the two budgets were needlessly complicated, and merged them.  But to be comfortable doing that, I had to become comfortable with the idea that the *categories* of property taxes, homeowner's insurance, and such were not connected to the savings *account*.  I ended up with more in the savings account than I could account for in the longer term categories I had originally used for the account.  And that's kind of the point of the article that nolesrule linked.  You manage your accounts for interest earned and cash flow needs.  You manage your categories to assign purposes to the money that is stored in the accounts.  Sum of categories = sum of accounts, but there is no correlation between specific categories and specific accounts unless you force such a correlation.  Hint:  I've done that, and it's more work to maintain than it's worth.

      I don't expect the money in my Car Replacement category to be spent until October 2021.  I don't expect the money in my Unexpected Expenses category to be spent at all ; hence the cognomen, "Unexpected".  But I have no accounts I can specifically identify that contain those categories.  I have enough cash in checking to comfortably cover cash flow; I have money in various savings vehicles that could take anywhere from 2 minutes to a few days to move to checking; and I can cover my budgeted expenses as I need to pay them.  That's good enough.

      Like 2
      • Bakari
      • Bakari45
      • 1 yr ago
      • Reported - view

      Patzer , thank you for your reply, but I seriously don’t understanding why everyone is repeating the same thing. I’ve stated several times that I have categories for all my real expenses. Like you, I have categories for monthly bills, car insurance and registration, holiday spending, car maintenance, unexpected expenses, and various home related business expenses. I manage all these categories as the transactions come in. All my transactions come from either my checking or credit card, which I use like a debit card. I have yet to have an unpaid balance on my cc. I pay no interest charges. Anything I charge is fully covered in my checking/YNAB account. 

      I only have four on-budget accounts: Checking, Savings, PayPal, and Credit Card. 

      My savings account money is my Emergency Fund for what is NOT already being funded in other categories. I only plan to use that fund for true emergencies that fall outside of the real expenses categories I’ve set up. I’m buffered ahead for one month, and my car payments are buffered for three months. And because I dropped a $1000 on my car loan, my next payment is not technically due until October, but I will continue to pay off my car loan by the end of next year. 

      So seriously I don’t understand what I'm doing wrong here.  Maybe ask me a question about what I'm not doing and I’ll try to answer it. 

      By the way, I may sound a little frustrated, but I DO appreciate the feedback, and if I’m doing something wrong with the budgeting I want to correct it. 

      Like
      • Patzer
      • Retired at age 60. Thank you, YNAB!
      • Patzer
      • 1 yr ago
      • 2
      • Reported - view

      Bakari Okay, let's try this on for size:  Suppose the balances of your credit card and Paypal accounts are small enough to be ignored.  Suppose your Emergency Fund category is $5000, and that exactly matches the amount in your savings account.  Suppose your car payment is $500 per month, and you have buffered that 3 months ahead so you have $1500 living in checking that is waiting to make car payments for the next 3 months.  You don't need $500 of that for at least a month, and you don't need another $500 of that for at least 2 months.

      Why would you not want to park $1000 that you won't need for car payments in Savings, earning higher interest than checking, until you need to make the payments?  Do that, and the balance of your savings account becomes $6000, earning the difference between interest on checking and interest on savings on another $1000.  Then if you budget another $500 to car payment within the next month, you don't have to take $500 out of savings to cover the car payment.  You've kicked it down the road another month, and the money can safely sit in savings earning more interest for another month.

      Similarly, you have a category for vacation.  If you don't plan to actually use that category for a few months, why shouldn't those dollars be in the savings account earning more interest until you actually need to spend them?

      This is what nolesrule and I are talking about when we say accounts don't have to match categories.  As you build up your categories, you naturally have more money hanging around than you need to spend right now.  Some of it is easy to understand, as in the case of the Emergency Fund and the Vacation categories.  Some of it sneaks up on you, like budgeting ahead on the Car Loan category.  Some of it will be in bits that are hard to identify; I pay my car insurance every six months, the car registration every 2 years, the safety deposit box rental annually, and so on.  There are a lot of categories that have money I don't need to spend right now, and it's too complex to tie all those categories to a savings account. 

      It is certainly *possible* to force your savings account to be equal to your Emergency Fund category.  What you do to make that happen is, first you adjust your budget so that the Emergency Fund category matches the Savings Account balance.  Then every time you make a deposit to savings you manually budget that much to Emergency Fund, taking funds from other categories if there isn't enough in TBB.  Every time you transfer money out of savings to checking, you transfer the same amount from Emergency Fund to TBB on the budget page and then budget it to where you want it.  (Alternatively, you could just transfer it to a single category if things are that simple.)  Every time your savings account pays you interest, you either record the interest as an inflow to the Emergency Fund category, or record the interest as TBB and then budget the same amount to the Emergency Fund Fund category.  It can be done.  It's a bit of manual effort.  YNAB provides no support for making it happen.  And it's not the optimal way to manage your categories and accounts.

      Like 2
  • Patzer said:
    It is certainly *possible* to force your savings account to be equal to your Emergency Fund category.  What you do to make that happen is, first you adjust your budget so that the Emergency Fund category matches the Savings Account balance.  Then every time you make a deposit to savings you manually budget that much to Emergency Fund, taking funds from other categories if there isn't enough in TBB.  Every time you transfer money out of savings to checking, you transfer the same amount from Emergency Fund to TBB on the budget page and then budget it to where you want it.  (Alternatively, you could just transfer it to a single category if things are that simple.)  Every time your savings account pays you interest, you either record the interest as an inflow to the Emergency Fund category, or record the interest as TBB and then budget the same amount to the Emergency Fund Fund category.  It can be done.  It's a bit of manual effort.  YNAB provides no support for making it happen.  And it's not the optimal way to manage your categories and accounts.

     Okay, so this is the crux of what I think the exchange has been. I seriously have no problem with my Emergency Fund category matching my Savings Account. However, for some reason, my savings transactions have not always appeared in my TBB. I'm not sure why that is. Like I said, my automatic checking to savings have not appeared in the TBB for the last several months. They all indicate no category required. But this month, the $900 transfer did appear in the TBB, and that’s why I created the Emergency Fund category to get the TBB down to zero, and because my other categories were already covered. My current income and budget allows for transferring $40 a month to my savings, and when I make extra money beyond my regular income, I can either assign that money to a another category or to my Emergency Fund.

    The interest (which I record as an inflow) I receive on my on my Savings is not that much, but I get your point. I could probably transfer some category money to Savings, but right now I like to keep a strong cash flow in my checking. For instance, though I have a Travel category, I actually pulled from that category and another category for an emergency trip to LA, which was totally not anticipated. Luckily, I didn’t have to pull that money from my Savings.  Also, I may even drop another $1000 on my car (the buffered money) in a few months instead of having it sit in my checking account, because the more I pay on the car the lower the interest payments are and the sooner I get that puppy paid off. 

    But I think there seems to be a technical issues about savings account money not always appearing the TBB. I’m not sure why it doesn’t appear with the automatic transfer but it appeared with the $900 transfer.  

    Like
      • Patzer
      • Retired at age 60. Thank you, YNAB!
      • Patzer
      • 1 yr ago
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      • Reported - view

      Bakari 

      Bakari said:
      I seriously have no problem with my Emergency Fund category matching my Savings Account. However, for some reason, my savings transactions have not always appeared in my TBB.

       If by "savings transactions" you mean transfers between savings and checking, they *should not* appear in your TBB.  In the YNAB world, location of the money does not matter. 

       

      If you want to increase your savings account and call that an increase in Emergency Fund, you need to do 2 things:

      1.  Transfer money from checking to savings.

      AND

      2.  Adjust the budget to increase the Emergency Fund category, taking the funds from TBB if there is enough or from other categories if there isn't enough in TBB.

      Simply transferring from checking to savings does *nothing* to the budget, because YNAB does not tie budget categories to account location.  If you want to tie the Emergency Fund category to the Savings Account, it is totally up to you to impose that restriction on your budget.

       

      If you want to use part of your emergency fund, for example to replace a water heater that failed, you need to do 2 things:

      1.  Transfer money from savings to checking in the amount you want to use.

      AND

      2.  Move money on the budget page from Emergency Fund to whatever category is appropriate for replacing the water heater

       

      If you want interest earned on the Savings account to be reflected in your Emergency Fund category, you have two options that I've thought of (perhaps more that I haven't):

      1.  Record interest received in the Savings account as an inflow directly to the Emergency Fund category,

      OR (don't do both)

      2. Record interest received in the Savings account as TBB and immediately budget the same amount to Emergency Fund

       

      If your paycheck has an automatic deposit of funds to savings, and you want that to be recorded as an increase in your Emergency Fund, you need to do one of the following (or possibly some other option I haven't considered):

      1.  Record the inflow to checking as TBB and the inflow to Savings as Emergency Fund,

      OR

      2.  Record the total paycheck including the inflow to Savings as TBB, and budget the amount deposited to Savings to the Emergency Fund category.

       

      If you make an error and the Emergency Fund category no longer matches the savings account balance, you can fix it in one of two ways:

      1.  Adjust your budget categories to make Emergency Fund equal to the Savings balance, reducing or increasing other categories as appropriate

      OR

      2.  Transfer money from savings to checking (or from checking to savings) to reduce (or to increase) the Savings balance to equal the Emergency Fund category.

       

      All of this is manual effort on your part.  There  is ZERO support in YNAB for forcing your Savings Account balance to match the amount of your Emergency Fund category.  If you want to make that happen, you are free to do so.  But the software gives you no tools to either automatically make it happen or to ensure that the two remain in sync. 

      . . . and the people who have been using YNAB for several years keep telling you not to do that because we've all done it in the past and later realized it wasn't the best way to manage our money.

      Like 1
      • Patzer
      • Retired at age 60. Thank you, YNAB!
      • Patzer
      • 1 yr ago
      • Reported - view

      Bakari 

      Bakari said:
      my automatic checking to savings have not appeared in the TBB for the last several months. They all indicate no category required. But this month, the $900 transfer did appear in the TBB

       I missed this on first reading.  If a transfer from checking to savings changed TBB, something is wrong.  If $900 appeared in TBB, it had to come from somewhere; and a transfer between checking and savings shouldn't change any categories.

      Possible ways to put an extra $900 into TBB include:

      1. Reducing some other category by $900, possibly unintentionally.

      2. Recording a $900 inflow that is not a transfer from an on-budget account.  (It could be a transfer from a tracking account.)

      3. Recording a $900 transfer from a credit card to a checking or savings account.  (This also increases credit card debt.  Since you normally pay your card in full, the card payment category should match the card balance; this type of transfer would create $900 credit card debt and increase TBB by $900, making the card balance and card payment category diverge.)

      4. Some combination of the above, or some other situation I may not have thought of.

      In any event, the problem isn't that sometimes a transfer from checking to savings doesn't increase TBB; the problem is that what should have been a transfer from checking to savings DID appear to increase TBB.  That should not happen.

      Like
      • Bakari
      • Bakari45
      • 1 yr ago
      • 1
      • Reported - view

      Patzer , I need to read this post again, but I think it explains most accurately how the Savings and checking transfer works and what the software doesn’t support. 

      But I really don’t expect the savings to show up in my TBB because I’m not using it to pay anything unless I transfer it back to cover a cost.

      However, it’s still a little confusing, because if I’m doing an automatic transfer each month, I need to make sure I'm budgeting the $40 that essentially is being transferred. So though the transfer doesn’t need a category, maybe I just need to assign $40 to the Emergency Fund category to make sure I’m accounting for it. YNAB doesn’t care where the money comes from, but I do. 

      Anyway, I’ll get it worked out. I appreciate you and others taking the time to help me process it. Even if I'm making a few mistakes or not understanding something, I'm still budgeting and staying ahead. And I just just checked my accounts between the bank and YNAB and they all match. So it feels okay. 

      Like 1
  • Patzer said:
    In any event, the problem isn't that sometimes a transfer from checking to savings doesn't increase TBB; the problem is that what should have been a transfer from checking to savings DID appear to increase TBB.  That should not happen

     Exactly, that’s what I’ve been trying to convey all this time. But this exchange has me looking back at my transactions, and here’s where I think I messed up. 

    I deposited a $3000 check and started assigning that money to categories. Because the deposit arrived in my YNAB before I made the transfer, I needed to assign all that $3000. 

    2. And like you say, when the $900 to savings transaction did arrive in YNAB, it didn’t need to be in a category or TBB, but I do have $900 from the $3K assigned to an Emergency Fund.  

    I'm not sure if that clears things up, but it seems like that’s what happened. 
     

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

      Bakari Okay, it sounds like the software is functioning properly in your budget; but you're trying add a constraint creating a relationship between a category and an account.  You can do that, if you want to; but the software doesn't support it and you need to understand how the software works in order to maintain the constraint you want to maintain.

      Like 2
    • Bakari I missed a lot here, but I think I'm all caught up! :)

      It sounds like you deposited that $3,000 and put $900 of it in your Savings account. Regardless of whether you entered the transfer before or after the deposit, you were moving funds to indicate what you had already done in your accounts. this wasn't just a transfer between accounts, but a transfer after you had received income, which was shown in your To Be Budgeted. Essentially, you were budgeting the $3,000 ($900 of which should have been budgeted towards your Savings category, which I think you've done since then).

      For instance, let's say you had $1,000 in your checking account, all budgeted towards Fun Money. If you transfer $900 to saving, you'd have $100 in your checking and $900 in saving, but $1,000 in Fun Money until you move $900 to your Emergency Fund category. If you left the $1,000 in Fun Money and then added your $3,000 deposit, you'd have enough money in your To Be Budgeted to budget the $900 directly towards your Emergency Fund category instead of having to move money from your Fun Money category. 

      If I'm right, budgeting the $900 towards your Emergency Fund was catching up with the transfer you had already made. I think everything is on track in your budget, but you can post a screenshot if you'd like, or I can reach out via email if you'd like me to take a look at your budget! :)

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      • Bakari
      • Bakari45
      • 1 yr ago
      • 1
      • Reported - view

      Patzer , okay thanks. I’ll just leave that $900 in the Emergency Fund category because I know that pot of money is tied to my savings. When I need to transfer it all or part of back to my checking, I’ll just move it to the category where I need it.

      Patzer said:
      1.  Adjust your budget categories to make Emergency Fund equal to the Savings balance, reducing or increasing other categories as appropriate

      OR

      2.  Transfer money from savings to checking (or from checking to savings) to reduce (or to increase) the Savings balance to equal the Emergency Fund category.

       I’ll also consider these options to correct the problem.  

      Like 1
      • Bakari
      • Bakari45
      • 1 yr ago
      • Reported - view

      Faness , thanks. I just sent you private message with a link to the screenshot. Let me know if you don’t receive it. 

      Like
    • Bakari We actually can't receive private messages in the forum, so I sent you an email! :)

      Like
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  • 1 yr agoLast active
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