Were changes recently (since April) made to the way credit card payments are handled/posted?
I joined YNAB in January of this year. I absolutely LOVE it! However, today I am a bit confused by my credit card payments...
In the past few months, the only amounts that showed up in the credit card payments section was how much I budgeted for my monthly payment, and after I made the payment it would show $0 available. All of the sudden, this month I am showing a negative (on the two cards I have been using) and all of my transactions are obviously included along with the payment.
So I'm just trying to figure out if YNAB made a change to the software/process of credit card payments. I "get" the amounts, but I just can't figure out why it would be different from all the other months prior.
Thanks for any help!
I wonder if you had a refund about the time of the change you noticed. Are you carrying debt, on the float, or PIF (Paid In Full means you could pay the whole balance down to 0 whenever you wanted, because your CC category "available for payment" equals (as a positive number) your CC's (negative) balance)?
Turquoise Welder said:
I'm also on the float at this point
If you are on the float, then you should be paying the statement balance near the due date rather than the entire account balance. This leaves some funds available for the following month which will compensate when spending is slightly lower than normal.