|
If you make a purchase on a credit account, it automatically goes in those categories. When you make a payment, it subtracts it. It's weird when you have no credit balances, but I'm sure it's super helpful for people with a load of credit debt. In theory, in your instance, you have an $85 balance on the card. Or you hosed something up.
|
#
?
Jan 27, 2016 18:51
|
|
|
|
| # ? May 14, 2024 14:44 |
|
|
Sockser posted:If you make a purchase on a credit account, it automatically goes in those categories. When you make a payment, it subtracts it. 
|
|
#
?
Jan 27, 2016 19:06
|
|
|
Karthe posted:I can't get any of the numbers to balance out but everything's reconciled just fine. I'll chalk this up to my logging a starting balance and a couple of transactions on that card from when I restarted my budget. I had the same issue. I just adjusted my budget so that when paid on full, that budget line goes to zero. Not a big deal, but it was kind of annoying that I couldn't figure out why our how it happened.
|
|
#
?
Jan 27, 2016 19:13
|
|
|
Did you budget to pay off your credit card balance that was on your card when you started the budget but where the transactions aren't a part of your budget because it occurred prior? Here's how the numbers should add up: https://www.evernote.com/shard/s55/sh/ea76bea4-45dc-4922-96ad-d627fd806bb6/033e5f9e15c159be
|
|
#
?
Jan 27, 2016 19:17
|
|
|
Here I made a little graphic that shows what each column of the credit card section is supposed to be. Note, I forgot to add that for column 3, if you are putting debt onto your card that number will actually be lower than your total card balance with the difference being the amount of CC debt you're carrying. edit Eugh just realized I should clarify. For column 2, it's how much you spent on the card and how much money you put into it payment wise. So for example, in my first line it says $780.95 in column 1, -$353.06 in column 2, and $427.89 in column 3. So I had a total balance of $780.95 on the card when I started this budget, during this month I netted -$353.06 on the card meaning I paid $353.06 more towards the card than I charged to it, and in column 3 that lands me with $427.89 balance left on the card that I have marked to pay off. Rurutia fucked around with this message at 19:39 on Jan 27, 2016 |
|
#
?
Jan 27, 2016 19:25
|
|
|
This scares me from using YNAB. I don't understand this at all.
|
|
#
?
Jan 28, 2016 00:53
|
|
|
Geirskogul posted:This scares me from using YNAB. I don't understand this at all. This is probably one of the dumbest things they did in nYNAB. It made things a lot more complicated for the sake of it being 'completely right' rather than what makes the most sense practically speaking. You can largely ignore it, or just use YNAB 4. I'm just lazy and like the auto import.
|
|
#
?
Jan 28, 2016 01:00
|
|
|
I find credit card handling terrible in both. In 4 it seems like credit cards are probably fine if you have massive debt and are paying one off. For now I actually just created one account and import both my bank and credit card into that - any payments I just delete (since I don't carry a balance). It's weird that all of the app is pretty intuitive except that.
|
|
#
?
Jan 28, 2016 01:03
|
|
|
Rurutia posted:Did you budget to pay off your credit card balance that was on your card when you started the budget but where the transactions aren't a part of your budget because it occurred prior? That said, no combination of the three pending transactions plus starting balance would equal the amount that nYNAB reported as my have been underbudgeted for credit card payments. So what the gently caress ever, I budgeted into Credit Card Payments and now that I'm firmly entrenched into nYNAB I'm going to forget it ever happened. Geirskogul posted:This scares me from using YNAB. I don't understand this at all.
|
|
#
?
Jan 28, 2016 01:27
|
|
|
Less Fat Luke posted:I find credit card handling terrible in both. In 4 it seems like credit cards are probably fine if you have massive debt and are paying one off. For now I actually just created one account and import both my bank and credit card into that - any payments I just delete (since I don't carry a balance). not sure how this would work with a larger debt you're paying down, but if you're paying off your card each month it's dead easy
|
|
#
?
Jan 28, 2016 05:08
|
|
|
Defenestration posted:wait what? When I pay off my credit card I do a Transfer between my bank and my credit card accounts. Almost all my spending is on card so it's already logged. Well with 4, you set up your card with a preexisting balance. Then if you pay it down, you budget money to it. You've spent money then budgeted for it, same as overspending in, say, the restaurant category and moving some cash into the budget from another category. As you say, spending budgeted money on a card, it's just a transfer. Though "pre ynab debt" should be called "carried debt" or something.
|
|
#
?
Jan 28, 2016 13:19
|
|
|
Believe me, credit cards boggled my mind in nynab and ynab 4. Just keep fooling with it and eventually you'll figure it out. It's not very intuitive for me and I have both carried balance and no balance. If it really bothers you that much, delete the credit card, create a new account for it "off budget" as a liability or something, and then just budget it for it like you would with any other payment.
|
|
#
?
Jan 29, 2016 03:51
|
|
|
Defenestration posted:wait what? When I pay off my credit card I do a Transfer between my bank and my credit card accounts. Almost all my spending is on card so it's already logged. This is exactly how I do things too. My credit cards started with a zero balance as I got them after I started using YNAB. Spending puts them in the negative (rightfully so) and CC payments are transfers from my checking account.
|
|
#
?
Jan 29, 2016 03:57
|
|
|
e: missed a full page.
|
|
#
?
Jan 29, 2016 04:04
|
|
|
Yeah, exactly. Create a budget account, label it Discover, treat it like a normal checking account or bank account or whatever, and just enter any CC transaction into that account. At the end of the month, pay the balance in full knowing you've got the money and stop worrying about it. That payment gets entered as a "Transfer to Discover." Next paycheck, just budget your money like normal. I really like this method because it allows me to use the gently caress out of my credit card and earn my reward points without getting into anything stupid like carrying a balance.
|
|
#
?
Jan 29, 2016 04:08
|
|
|
Defenestration posted:wait what? When I pay off my credit card I do a Transfer between my bank and my credit card accounts. Almost all my spending is on card so it's already logged.
|
|
#
?
Jan 29, 2016 05:19
|
|
|
My credit card line in my budget seems to have no relation at all to what's actually going on in my credit card account, but I've just been ignoring it. I'm not carrying a balance, and all the purchases are budgeted for, so I don't really understand the purpose of having that line at all. In other news, I got my tax return and am now almost fully rule 4 for February. The only things left to fund are my vacation goal and part of my IRA contribution goal. Having somewhere to put all that money really helped me not have this desire to spend it. Now I can look at my checking account balance and know that all the money I'm looking at is already spoken for, so I don't buy stupid stuff with it just because I can.
|
|
#
?
Jan 29, 2016 18:40
|
|
|
you ate my cat posted:My credit card line in my budget seems to have no relation at all to what's actually going on in my credit card account, but I've just been ignoring it. I'm not carrying a balance, and all the purchases are budgeted for, so I don't really understand the purpose of having that line at all. In YNAB4 That line is for when you have a preexisting balance on that CC when you create the CC account. The idea is that you budget against it until you pay it off, and it's treated separately from your usual purchases in the CC. Sockser posted:Not in nYNAB it's not. Every cc transaction goes into that line. duh, thanks Space Kablooey fucked around with this message at 19:25 on Jan 29, 2016 |
|
#
?
Jan 29, 2016 19:12
|
|
|
Not in nYNAB it's not. Every cc transaction goes into that line.
|
|
#
?
Jan 29, 2016 19:21
|
|
|
Credit cards in nYNAB started making more sense when I realized you don't have to budget for credit card payments (unless you're paying down a carried over balance) When I spend with my credit card it subtracts from the spending category and enters it as available money for credit card payment. When I pay my bill it will subtract the available money on the credit card line, and I will have budgeted $0 for credit card payments, but it will balance out because the money came from the other parts of my budget. For the first month of my nYNAB budget (January) I had to budget the balance on my credit card from the previous month (December), but after that it'll be smooth sailing. Baxate fucked around with this message at 19:29 on Jan 30, 2016 |
|
#
?
Jan 30, 2016 19:26
|
|
|
Ludwig van Halen posted:Credit cards in nYNAB started making more sense when I realized you don't have to budget for credit card payments (unless you're paying down a carried over balance) What is the point/advantage of this over ynab 4 where i just make a transfer to pay off the cc at the end of the month?
|
|
#
?
Jan 30, 2016 20:07
|
|
|
Defenestration posted:What is the point/advantage of this over ynab 4 where i just make a transfer to pay off the cc at the end of the month?
|
|
#
?
Jan 30, 2016 20:49
|
|
|
I decided to give nYNAB a try. The problem is that I have two credit cards that I carry a balance on and pay at the end of the billing cycle, so it shows a weird negative balance on them for a payment made in January. I assume once I zero them out in February that everything will start to look right again?
|
|
#
?
Feb 1, 2016 16:20
|
|
|
Ok. More of a "Which is easier to manage" question than why or how. I need to start an emergency fund. Would it be easier to dump that into a budget line every month or separate it into a new savings account with my bank? I can see both ways. Account means I have to make an effort to touch it but it's more accounts to juggle. If I use it as a budget line item, there's a small chance I could end up using some of it if things get out of balance.  I'm just not sure which would be more streamlined.
|
|
#
?
Feb 2, 2016 16:31
|
|
|
Irritated Goat posted:Ok. More of a "Which is easier to manage" question than why or how. I don't know if this is the right way but I do both. Each month I allocate money to the e.fund and then transfer it to a separate savings account as it gets pretty good interest rates.
|
|
#
?
Feb 2, 2016 16:55
|
|
|
Irritated Goat posted:there's a small chance I could end up using some of it if things get out of balance. ...isn't that the point? Last thing you want to do is miss the forest for the trees and SAVE while holes appear elsewhere in your budget. There's no one-size-fits-all answer, as YNAB can handle both the 'account' and 'category' method equally well; I suppose the method you choose depends on your mental bandwidth. If you get favourable interest rates then I'd go with the former - in which case, why not keep everything besides your average monthly spend in there? - but otherwise I'd just say gently caress it and treat it like any other YNAB category, without worrying about where the money's kept.
|
|
#
?
Feb 2, 2016 19:05
|
|
so I could say that I finally figured out what this god damned cube is doing. Get well Lowtax.
|
Toolkit for YNAB is a nice extension to add some poo poo to nYNAB. Notably the "Days of Buffering" metric, which calculates how much you can last on your money with your ongoing spending habits. Which makes kind of more sense tham AoM.
|
|
#
?
Feb 2, 2016 19:54
|
|
|
spincube posted:...isn't that the point? Last thing you want to do is miss the forest for the trees and SAVE while holes appear elsewhere in your budget. I meant more of a "oops, my dumb rear end overspent on this unnecessary thing. Time to cover it with my emergency fund." prevention fake edit: Jesus christ, I thought I hit submit on this thing hours ago Combat Pretzel posted:Toolkit for YNAB is a nice extension to add some poo poo to nYNAB. Notably the "Days of Buffering" metric, which calculates how much you can last on your money with your ongoing spending habits. Which makes kind of more sense tham AoM. That is awesome! Thanks for the recommendation Irritated Goat fucked around with this message at 21:36 on Feb 2, 2016 |
|
#
?
Feb 2, 2016 21:33
|
|
|
I have a small issue with nYNAB importing from paypal. I receive payments and ynab seems to grab the amount they paid, not the amount I actually get after the fees. This very quickly leads to nYNAB showing money I don't have and the only way I've found to get around it is to adjust every single transaction to the amount I actually received after import. Heaven forbid I enter a transaction BEFORE I import because then nYNAB doesn't match them up because the values are different and I end up with double entries. Anyone have a more elegant way to use paypal?
|
|
#
?
Feb 4, 2016 20:44
|
|
|
Abandon hope of being able to sync the account.
|
|
#
?
Feb 4, 2016 20:56
|
|
|
porksmash posted:I have a small issue with nYNAB importing from paypal. I receive payments and ynab seems to grab the amount they paid, not the amount I actually get after the fees. This very quickly leads to nYNAB showing money I don't have and the only way I've found to get around it is to adjust every single transaction to the amount I actually received after import. Sync with the bank account linked to your PayPal? When the transaction hits your bank it'll at least be the correct amount
|
|
#
?
Feb 4, 2016 23:42
|
|
|
Ludwig van Halen posted:Sync with the bank account linked to your PayPal? When the transaction hits your bank it'll at least be the correct amount Not quite ideal, since I spend out of my paypal account too and need to track reimbursable categories and stuff. Sockser's suggestion seems best unfortunately.
|
|
#
?
Feb 5, 2016 03:42
|
|
|
porksmash posted:I have a small issue with nYNAB importing from paypal. I receive payments and ynab seems to grab the amount they paid, not the amount I actually get after the fees. This very quickly leads to nYNAB showing money I don't have and the only way I've found to get around it is to adjust every single transaction to the amount I actually received after import.
|
|
#
?
Feb 8, 2016 06:09
|
|
|
Combat Pretzel posted:Toolkit for YNAB is a nice extension to add some poo poo to nYNAB. Notably the "Days of Buffering" metric, which calculates how much you can last on your money with your ongoing spending habits. Which makes kind of more sense tham AoM. Here to second this. The amount of options and improvements is staggering.
|
|
#
?
Feb 10, 2016 04:00
|
|
|
You can add YNAB Toolkit reports from the repository if you build it yourself (download the repo as zip from github, run build.bat with Python installed and in Path, import the built extension into Chrome/Safari/Firefox). Here's an example:  Obviously if you imported your YNAB 4 data you'd have a better graph. What's weird is I am keeping track of my YNAB4 just for the reporting currently, and it's off compared to this one. Anyone else mind reporting back if your graphs and reported net worth are the same as YNAB 4 if you imported data? Edit: Nevermind, they're the same. I had an extra asset listed in YNAB 4 that I didn't bother with on nYNAB. Knyteguy fucked around with this message at 17:28 on Feb 10, 2016 |
|
#
?
Feb 10, 2016 17:23
|
|
|
Earlier versions of the toolkit development versions had issues with the graphs, because apparently nYNAB does quite a bunch of internal transactions that are hidden away from the user. I'm glad that's taken care of. Kind of annoying that they can spin a quick Net Worth report on the side, without proper access to the backend, while the YNAB team can't. You'd think they'd throw out a bunch of bits like this, to appease the critical voices, instead of insisting on a complete solution to deliver.
|
|
#
?
Feb 10, 2016 17:48
|
|
|
Rule Four, motherfuckers.   Now what? 
|
|
#
?
Feb 18, 2016 04:13
|
|
|
GlitchThief posted:Rule Four, motherfuckers. Good job! Everything feels much easier when you are a month ahead. Now is the time you knock out your next financial goal. Do you want to pay off debt? How about build a larger emergency fund (and raise your age of money to 90, maybe even 180 days)? The choice is yours, and yours alone!
|
|
#
?
Feb 18, 2016 13:22
|
|
|
I've been using nYNAB for exactly two weeks thanks to this thread, and it already feels like it's been ages. I actually know where my money is going for the first time in several years, and I already feel so much more secure and confident in my finances. Even though I impulse-shopped, and had $300 in unexpected car repairs, I was able to manipulate my budget to cover it. This feels amazing after several years of willful ignorance and overspending... maybe I'll actually be able to pay down the $8k credit card debt I built up during that time. Just wanted to say thanks, guys.
|
|
#
?
Feb 18, 2016 19:30
|
|
|
|
| # ? May 14, 2024 14:44 |
|
|
Nettles Coterie posted:I've been using nYNAB for exactly two weeks thanks to this thread, and it already feels like it's been ages. I actually know where my money is going for the first time in several years, and I already feel so much more secure and confident in my finances. Even though I impulse-shopped, and had $300 in unexpected car repairs, I was able to manipulate my budget to cover it. This feels amazing after several years of willful ignorance and overspending... maybe I'll actually be able to pay down the $8k credit card debt I built up during that time. Just wanted to say thanks, guys.  I'm finally getting ahead, too. My car is all paid off, my net worth is slowly rising... I've started to cut down on the parts of my life that were costing too much with no benefit, and it's let me put more money into the things that matter.
|
|
#
?
Feb 18, 2016 19:53
|
|
