|
Eight Is Legend posted:Do you guys use the scheduled transactions option at all? I know I'll be transferring some money from my checking account to my credit card at the beginning of January, but can't I just input the transfer in the main transactions/transfer field instead and put in the date I know they'll be transferred? I use scheduled transactions for bills and income that occur at the same time every month, and aren't variable. In my case, this is my paycheck, my Roth IRA transfer, and Netlfix. Bills like water, electricity, and credit card aren't automatic, because they're variable, and bills like trash and insurance aren't automatic because they don't happen every month. This is just what works out best for me. Doing this keeps me honest, and spending from my budget as I should be.
|
#
?
Dec 28, 2014 17:20
|
|
|
|
| # ? May 14, 2024 23:50 |
|
|
Eight Is Legend posted:Do you guys use the scheduled transactions option at all? I know I'll be transferring some money from my checking account to my credit card at the beginning of January, but can't I just input the transfer in the main transactions/transfer field instead and put in the date I know they'll be transferred?
|
|
#
?
Dec 28, 2014 19:09
|
|
|
I use it for credit card payments. Even though it's different every month, I don't get a paper statement, so I have it pop up the day the statement is online to remind myself to pay it. Of course, it's listed as a transfer, but this way I don't accidentally pay interest. I also use it for other regular bills.
|
|
#
?
Dec 28, 2014 23:20
|
|
|
Oh, wow at this new app.
|
|
#
?
Dec 29, 2014 18:52
|
|
|
Sub Rosa posted:Oh, wow at this new app. Are you talking about the mobile version, or was there an update to the desktop version? I really like the new mobile one, it's very clean and easier to use.
|
|
#
?
Dec 29, 2014 19:13
|
|
|
Is there any way to change the currency formats? I use Danish kroner and the only format available is "kr9.876.543,21". I have no idea where they got this from, the correct way is more like "9.876.543,21 kr.", so kr is at the end and after a space and there should arguably be a period after because its an abbreviation. So, is there a file I can edit or something?
|
|
#
?
Dec 30, 2014 22:06
|
|
|
I'd send a support email about it.
|
|
#
?
Dec 30, 2014 22:08
|
|
|
I would like to show what YNAB has done for me since I started using it this summer: As of July 2014, I had the following: Debts USAA Credit Card: $890.17 Walmart credit card: $615.06 Car Loan: $18,779.49 Debt to my girlfriend: $121 Checking and Savings accounts Checking: $67.92 Savings: $115.60 Income $45,000/year ------------------------ As of December 30, I have the following: Debts USAA Credit Card: $0 Walmart Credit Card: $0 (and cut up into pieces) Car loan: $17,574.17 Debt to girlfriend: $0 Debt to girlfriend's parents: $2,458.21 (down from $4800 two months ago, they floated us the moving costs to move from Atlanta to Seattle) Accounts Checking: $1,076.45 in my buffer/savings Income $79,000/year ---------------------- It doesn't look like much, but I've eliminated $5,173.34 in debt and have saved up over $1000. My buffer was at $1450 but I had a rainy day emergency and had to take cash out of it, but with YNAB it wasn't a problem. This is just within six months and included a cross-country move to a higher paying job. I can't wait to see what YNAB will help me to accomplish next year.
|
|
#
?
Dec 30, 2014 23:10
|
|
|
So I bought this software as part of a steam sale last year, it wasn't so much that I was struggling with budgets it's just that I felt that there was a lot of 'waste' in where our money was going, convincing my better half how much actual waste there was never going to be easy though a few months into me 'tracking' our money helped a lot in pointing out that the tri-weekly trips to the shopping centres wasn't really necessary except to placate the consumerist in her with poo poo we don't actually need (or use). I'm pretty sure she felt each month when I enter in all the data it was like Orwell's 1984 big brother came to visit our household  A year on and I can't say we waste any less money, rather we know where we are wasting it. My definition of waste is pretty much anything that isn't a basic requirement for surviving ( I could probably live in a mudhut on a diet of grass and rawmeat as long as I had a wifi connection) she's the opposite so it's a nice balance. What is nice though is being able to see 'where your at' in terms of net wealth/debt etc and also being able to have some confidence in big purchases if you've planned for it.
|
|
#
?
Dec 31, 2014 04:42
|
|
|
HonorableTB posted:Are you talking about the mobile version, or was there an update to the desktop version? I really like the new mobile one, it's very clean and easier to use. Just got the Android update and love it.
|
|
#
?
Dec 31, 2014 05:11
|
|
|
YNAB is 75% off on Steam. Does this key let me use the Android and other versions?
|
|
#
?
Dec 31, 2014 10:15
|
|
|
The Android companion app is free; the key you can dig out from the Steam version lets you activate other installations (e.g. downloaded from ynab.com).
|
|
#
?
Dec 31, 2014 10:25
|
|
so I could say that I finally figured out what this god damned cube is doing. Get well Lowtax.
|
spincube posted:The Android companion app is free; the key you can dig out from the Steam version lets you activate other installations (e.g. downloaded from ynab.com). Awesome, thanks. Any catches I should keep in mind, like say 5 total device activations or something like that?
|
|
#
?
Dec 31, 2014 10:29
|
|
|
Lanky Coconut Tree posted:Awesome, thanks. Any catches I should keep in mind, like say 5 total device activations or something like that? No, none at all. The trial demo uses some kind of magic to track your #-day time limit, but that's it.
|
|
#
?
Dec 31, 2014 10:51
|
|
|
Hey guys, new potential user here. I just briefly tried the demo version of YNAB and had a couple of questions. How does YNAB handle investment accounts? I have an IRA, 401k, a brokerage account for my employee stock purchase plan, and a couple other brokerage accounts with misc stocks. Would I manually enter the transactions for each of these accounts? What about tracking the unrealized gains/losses in the accounts, would I just update them at the end of the month myself? Also, how do you track dividends? Would these need to be entered manually as income? My first impression is that it seems like it would be a lot of work to manually enter everything, but I don't have much experience with the program. Previously I have been using Mint but just to keep track of the values of my accounts and not for any budgeting. Also let me know if any other tools would be useful since I haven't really been using anything else for my finances.
|
|
#
?
Dec 31, 2014 22:49
|
|
|
Up to you how detailed you want to be. You can just create an off-budget "investments" account, and reconcile the balances each month along with to/from that account if you'd like. Or you can go whole hog and track each transaction. Investment accounts are going to be off budget unless you are spending from them, however. Dividends you would want to enter if they get sent to your main accounts, if they stay within the investments group and get reinvested I wouldn't bother. They aren't income in that sense, just an increase in your portfolio. Much like my student loan, but negative. I don't need to track how much interest I pay, I just send $X to it each month, and reconcile the balance to account for the interest as needed. ilkhan fucked around with this message at 23:04 on Dec 31, 2014 |
|
#
?
Dec 31, 2014 23:01
|
|
|
Just got this and I suggest taking their tutorial advice and "start with today", consider this the first day of your new budget and don't tear your hair out trying to import anything from the past. I'll see where I'm at in a year from now after using it. edit: Umm, am I potentially streaming my budget/bills/etc for the world to see if I have broadcasting set to anyone can watch while using this program? I was idling it for like 2 hours today doing other things 
mr. nobody fucked around with this message at 06:04 on Jan 1, 2015 |
|
#
?
Jan 1, 2015 04:03
|
|
|
Is it wrong that I've opened YNAB about 4 times today just to stare at it and wish I had some transactions to enter? I've never had a problem with budgeting in the past but I've always used very broad categories because I just didn't care about micromanaging. However, I just bought a house so I want to be able to see exactly where my money is going and how much everything costs. Lots more than my apartment did, I'll guess.
|
|
#
?
Jan 1, 2015 11:31
|
|
|
fiery_valkyrie posted:Is it wrong that I've opened YNAB about 4 times today just to stare at it and wish I had some transactions to enter? Sometimes I leave YNAB open all day, occasionally glancing at it, as if doing so will give me some financial eureka.
|
|
#
?
Jan 1, 2015 23:40
|
|
|
jon joe posted:Sometimes I leave YNAB open all day, occasionally glancing at it, as if doing so will give me some financial eureka.
|
|
#
?
Jan 2, 2015 07:18
|
|
|
Yeah so um
|
|
#
?
Jan 2, 2015 08:09
|
|
|
Tayter Swift posted:Yeah so um I'm looking forward to the 'Game of the Year Edition' complete with all DLC's.
|
|
#
?
Jan 2, 2015 12:08
|
|
|
When will YNAB get trading cards? I want the badge.
|
|
#
?
Jan 2, 2015 17:00
|
|
|
Am I the only one that doesn't keep separate accounts and just lumps checking and credit cards all together? In order to get real balances I just use mint. I don't bother with off balance accounts either. Again I just use mint. Only issue is cash purchases can slip through but those are rare for me anyway.
|
|
#
?
Jan 2, 2015 19:20
|
|
|
I've got a weird problem. In December I've recorded an overspend of £300 in the holiday category of my budget, which I wanted to carry over into January as I'm going to be refunded that amount (which will then zero that category out). In December the category is currently red at -300, but in January is green at 0. I only wanted this to happen when I'm refunded that 300. I'm on the iPad version at the moment since I'm away from my PC over the holidays; I think it happened when I accidentally selected to cover overspending in the holiday category, but I can't figure out how to undo it. Any ideas?
Lady Gaza fucked around with this message at 19:42 on Jan 2, 2015 |
|
#
?
Jan 2, 2015 19:38
|
|
|
You need to switch the category to carryover instead of the default (which takes it off the top of the available balance the next month). Don't know the iPad version, in Windows you click on the red part of the category and it pops up a box with the 2 options.Chin Strap posted:Am I the only one that doesn't keep separate accounts and just lumps checking and credit cards all together? In order to get real balances I just use mint. I don't bother with off balance accounts either. Again I just use mint. ilkhan fucked around with this message at 00:30 on Jan 3, 2015 |
|
#
?
Jan 2, 2015 19:54
|
|
|
I currently use a credit card to buy pretty much everything, I use it to pay all my bills, etc. I pay it in full every month and have zero ongoing debt for it. How would you guys recommend I record this kind of spending in YNAB?
GreatGreen fucked around with this message at 20:07 on Jan 2, 2015 |
|
#
?
Jan 2, 2015 20:05
|
|
|
GreatGreen posted:I currently use a credit card to buy pretty much everything, I use it to pay all my bills, etc. I pay it in full every month and have zero ongoing debt for it. How would you guys recommend I record this kind of spending in YNAB? http://www.youneedabudget.com/support/video/handling-credit-cards-in-ynab
|
|
#
?
Jan 2, 2015 20:15
|
|
|
GreatGreen posted:I currently use a credit card to buy pretty much everything, I use it to pay all my bills, etc. I pay it in full every month and have zero ongoing debt for it. How would you guys recommend I record this kind of spending in YNAB? The same as you would record spending against a checking account, there really isn't anything special about this. It's just an account that's going to have a negative balance most times.
|
|
#
?
Jan 2, 2015 20:22
|
|
|
ilkhan posted:You need to switch the category to carryover instead of the default (which takes it off the top of the available balance the next month). Don't know the iPad version, in Windows you click on the red part of the category and it pops up a box with the 2 options. Can't seem to do that on the iPad, will just have to wait til I get home. Thanks though.
|
|
#
?
Jan 2, 2015 20:29
|
|
|
Awesome, that did it. Thanks!
|
|
#
?
Jan 2, 2015 21:08
|
|
|
Chin Strap posted:Am I the only one that doesn't keep separate accounts and just lumps checking and credit cards all together? In order to get real balances I just use mint. I don't bother with off balance accounts either. Again I just use mint. Yes you are the only one. It sounds like you just use Mint.
|
|
#
?
Jan 2, 2015 23:48
|
|
|
Just started with the trial of YNAB, it's pretty nifty and I'm figuring out how to account for all the quirks of my personal budgeting. My checking account has a monthly fee that is waived if the end of month balance is above $2500. I want to keep that amount as a baseline minimum (ie, it's not to be used in my day to day spending or budgeting) to avoid the fee, but how do I represent that in YNAB? Should I just call that my rainy day fund? (I don't know how to handle that either).
|
|
#
?
Jan 3, 2015 02:57
|
|
|
Make a "minimum balance" category, stick 2500 in it, and hide that category.
|
|
#
?
Jan 3, 2015 03:13
|
|
|
So I've been thinking of ways to note how to contribute to a Roth IRA in YNAB. The biggest hangup about a Roth IRA is that there is a maximum value one can contribute to it per year. Here's what I've come up with to deal with this: First, create these Off Budget Accounts: Roth IRA - Current Year Roth IRA - Earnings Basically, as the year goes by, when you contribute to your IRA, you transfer money from your checking account or wherever to your "Roth IRA - Current Year" account. This easily lets you see how much money you've placed in your IRA for the current year. Then, once a quarter, you'd post your earnings or losses to the "Roth IRA - Earnings" account so you Net Worth would stay up to date. Finally, at the end of the year, you'd transfer all inputs from "Roth IRA - Current Year" to "Roth IRA - Earnings" and start over for the next year. What do you guys think? Is there a more efficient strategy or do you think this looks like a good way to handle an IRA account? GreatGreen fucked around with this message at 02:16 on Jan 4, 2015 |
|
#
?
Jan 4, 2015 02:14
|
|
|
Why not just use the description field to keep track of how much you've put in?
|
|
#
?
Jan 4, 2015 02:44
|
|
|
That, or just look at the transfers from your on-budget accounts. You can filter by current year. Any earnings will be listed as interest or whatever, not transferred from an on-budget account.
|
|
#
?
Jan 4, 2015 02:51
|
|
|
Cool, I'll probably do it that way then. I have another question though. Maybe I'm not understanding the software as much as I should... but let's say I have enough money to budget for three months in advance. I get a check today, in January, and want to mark it as income for March. How can I do this? The only options I see let me mark it for either this or next month. Should I just always mark everything for income "this month" then just increase the budget for "Savings" by the same amount to zero out the budget for the current month?
|
|
#
?
Jan 4, 2015 03:07
|
|
|
GreatGreen posted:Cool, I'll probably do it that way then. Have a line item for "emergency fund" that contains all your savings not assigned for something else and log all income for next month. This way, this month's income is always next month's spending.
|
|
#
?
Jan 4, 2015 03:19
|
|
|
|
| # ? May 14, 2024 23:50 |
|
|
GreatGreen posted:I have another question though. Maybe I'm not understanding the software as much as I should... but let's say I have enough money to budget for three months in advance. I get a check today, in January, and want to mark it as income for March. How can I do this? The only options I see let me mark it for either this or next month. Perhaps the Variable Income article will help. It has a couple of strategies for doing this.
|
|
#
?
Jan 4, 2015 03:32
|
|
