RV Camping expenses

I have an RV when I make camping reservations they charge my credit card with a deposit.

I have a camping category which is funded to cover my camping expenses.

How can I take the balance due on my camping so I stay with in my budgeted amount?

Some of the balance due's won't come due for 6 months, but I need to track them somewhere so I don't spend more than I have allotted for the summer.

Thanks !

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  • Hmm, I think I may need to learn a bit more about the flow of these transactions to give you a good answer here! Can you tell me more about this deposit charge vs. what you're referring to when you say "balance due"? 

    Based on what you've already stated, I would recommend budgeting for the entire initial deposit in your camping category, if you can (especially if the full amount is showing up as an outflow in your credit card account!), but since I'm not quite clear on what charges come up after that, and when, I'd like to get some more detail! Let me know!

  • So as an example:  I'm going camping and the total cost is 300.00 but the campground only charges my CC 50.00 as a deposit.  So on my cc statement is 50.00 which I apply to my camping category. 

    My camping category is funded with 500.00.  So now its 500.00-50.00=450.00 left to spend. 

    Now in my mind at least, I'm committed to an additional camping expense of 250.00 (300.00-50.00) and I want to track that 250.00 so that I don't over spend my camping category (450.00-250.00).

    I really have only 250.00 left in the camping category for future camping expenses not 450.00...right ?

    • Cyan Wrench I agree with Psmith . Any time you find yourself thinking, "I need to make sure I leave $X in this category," that feels like a great reason to create a new category!

      • MadDog
      • Navy_Blue_Pegasus.2
      • 7 mths ago
      • Reported - view

      Cyan Wrench I would use a scheduled transaction with a slight variation. Normally, you would put the scheduled transaction for the date that the actual amount will come out. But then you would not see it and potentially book another campsite before then leading to a double job for the money. So, as alternative to creating another category and splitting things up, I would have a scheduled transaction dated for the end of this month and a memo that it is for the remaining amount for the July trip. When I review my budget at the end of the month, I will look at that transaction, say, oh yes, it is for the July trip and change the scheduled date to end of May. Repeat until it is the actual date and the amount is withdrawn.

      Last day of month. Category - Camping  Memo - Balance for July trip  Amount -$250

      This way all of my expenses are in one place but I still have visibility earlier.

    • Psmith
    • I always strive, when I can, to spread sweetness and light.
    • psmith
    • 7 mths ago
    • 1
    • Reported - view

    I think the simplest thing would be to split your camping category into two. One, you could call it "Camping - campground fees" for campground charges, and you will budget 300 there, and charge the 50 deposit to there leaving 250 ready for when you have to pay the balance. The other category can be "Camping - other" and you can budget 250 there.

    Like 1
  • just to chip in on this... I'd suggest there are two ways to go about this. 

    1) Plan exactly how much you need to spend on this particular "trip" (fees, spending money, equipment etc) and set this amount as a goal.  You know you've spent $50 so far, but if your goal matches your budget of (let's say) $500, YNAB will show that you've spent $50 of your funded amount and that you're still working towards the $500 target.   You can add "$300 needed for fees" in the notes to remind yourself why you set $500 as your budget.

    2) As suggested above, break out the "certain spending" (the $300) from the "discretionary spending" (the $200) if you don't yet know what the $200 is for.  You could call one category "summer trip to <xx>" and the other "camping bits and pieces" for example.  Then you know you can play with the discretionary category (roll with the punches) but you need to leave the $300 in the fees category. 

    Or you could do a bit of both :)

  • Thank you everyone !  I went with the two categories method.  I have one "Potential Camping" which is funded with all of my camping savings.  Then the second one "Confirmed Camping".  When I make a confirmed reservation I move it from Potential to confirmed.  If I run out of Potential or a "roll with the punches" comes up I know I'm ok for my confirmed trips.

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  • 7 mths agoLast active
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