Moving Overbudgeted Money, Changing Target Types
I have a category for Medical Expenses. I believe I set target type to be 'Needed for Spending' by a date, because I expected some large medical bills for a procedure, but I also have prescriptions/visits along the way. I contributed monthly and hit the target, but the bills I was expecting turned out to be significantly lower. This is what I mean when I say I "overbudgeted" or perhaps "conservatively budgeted" this category.
I changed the Target Type to 'Monthly Savings Builder' at the start of this month, because I will continue to have irregular medical expenses. I assigned the new target amount.
I'd now like to move the "overbudgeted" money to other categories. I moved, say, $3000 out of the medical expenses to another category (with 'move' function via website).
But now my Medica Expenses category still lists a very high 'Total Needed', and even though I've assigned the new monthly target amount to this category already, it's prompting me to still assign thousands to make up for what I moved out.
I see the options to 'Reset Assigned Amount' and 'Reset Available Amount' in the category, but neither seem to give me great results because they do not change the 'Total Needed.'
So I suppose I'll say first... how do you expect 'Total Needed' to function after a target type is changed? I think I expected this to now only ever ask for my monthly contribution... Why is it holding on to the previous amount?
Is there a way to fix and continue using the existing category (I have great history captured here regarding medical expenses)?
In hindsight, a separate category for these occasionally large bill might have been cleaner; but they are sometimes unexpected and it's hard to justify separating them from other expenses.
Any tips are much appreciated!
If it gets too sticky, you can always hit the ? in the bottom right corner of the budget and get help directly from support. Sometimes when things don't behave exactly as I think they should that's the best option because support can go in and look at your budget and figure out exactly what is going on.
The monthly savings builder target looks only at the budgeted box in the current month. If you tell YNAB you want to add $100 to the category this month, but instead take out $3000, all YNAB knows is that you haven't met the target. You can fidget with your budget to make the prompt go away, or you can just ignore it; it will resolve itself and function as expected starting next month.