3 Ways to Enter Spending in YNAB | Budgeting Tips
Вставка
- Опубліковано 11 вер 2024
- Well-managed transactions are the heartbeat of YNAB. If transactions don't seem to import into your budget quickly enough, but you also don't trust yourself to enter transactions on your own, no fear! Take advantage of the best features of both by utilizing direct import while entering your own transactions.
Note: Direct Import is currently available within the United States and parts of Canada. We are working toward expanding coverage throughout the world, and can't wait until everyone can utilize direct import!
Sign up for a free trial! - www.youneedabu...
Check out our book! - www.youneedabu...
__________
Sign up for YNAB’s weekly email newsletter with the week’s best budgeting wisdom and inspiration!
www.youneedabu...
__________
Come say, "Hi!" on social:
Facebook: / iynab
Instagram: / youneedabudget
Twitter: / ynab
Listen to The You Need a Budget PODCAST here: www.youneedabu...
And read our BLOG here:
www.youneedabu...
#budgeting #youneedabudget #ynab
Team manual entry! I have no issues reconciling now :)
Manually entering my expenses and tracking my spending budget has revolutionized my life! I was proud of the bad of chips I bought yesterday. Budgets are a magical thing
I manually enter out and about purchases and have recurring scheduled entries for my autopay. I keep track of the arrival days of the month for autopay items and schedule them for the first day in that range. I use direct import, but mostly for catching things like unexpected deposits and for any items I totally forget to put in. I reconcile my YNAB accounts against the bank periodically. I love YNAB: It totally changed our world!!
Sounds like you've got a SYSTEM. Love it!! Thanks for sharing, Drew! I also get anxious if I don't reconcile every few days. Keeps the budget clean and assures me all the dollars I've budgeted with are for sure mine!
-Hannah :)
You Need A Budget (YNAB) I do the same thing! I enter most new transactions, then let the sync catch what I missed... sometimes I’m too busy though and rely on the sync to “bring ‘em in”! I also use the recurring entries...but sometimes amounts change, the auto payment date shifts a little or I miss some. And I also reconcile every day or every few days now because I heard Jesse mention that on a podcast. That is so much better than waiting a month (or so! Yikes!) like I was doing before. So much easier to catch the ones that are missed, plus you can actually count on the balance being correct. (I like when the balance feature was added). I just stopped entering every single checking account transaction in my checkbook last week! I was using it to “reconcile” with ynab...but just realized that is so much extra work! You just have to reconcile often.
Love your videos Hannah! And I have ALWAYS loved analogies!
You can also set up fixed expenses on the same date to repeat monthly. This was a game changer for me. I don’t have to worry about entering my cable bill, car insurance, Netflix subscription, etc.
I would add one game-changing tip...set up text alerts to your phone - anytime you spend >$1 on your credit or debit card (if you use these to earn points like I do!), you get a text alert! Then, you can make sure you've entered these transactions into your budget - it works GREAT!! When direct-import happens, they are always matched & you get that satisfying "match" icon! LOVE IT! Thank you Hannah, always, for your great videos.
I’m in my 4th month of using YNAB. For me, manual entry is what I use for this reason: accountability. Entering each transaction is an answer to the question “where did my money go” and the more aware I am of the answer, the better I am getting at reducing impulse splurges. I expect I’ll move to the hybrid at some point though.
Wow Joy, you nailed it on the head. I feel the same way. Entering yourself brings that awareness of how much we are TRULY spending. Whenever I rely on direct import I always end up going massively over budget.
-Hannah 🌻
Direct import is not available for my country so the manual import is the way to go. By entering manual transaction I get to have a better grip on my spending ... Knowing that I will have to enter the transaction manually somewhat slows my spending.
Carlos, that's the spirit! I definitely wish I had a reason that pushed me to enter myself before I finally decided to make the switch from direct import years into using YNAB. Entering yourself is definitely the highest-clarity, highest-awareness way to go! Definitely makes it harder to dish out mindless cash.
-Hannah :)
I use unlinked accounts and manual transactions, which has been awesome for awareness and having the budget stay accurate, but I do use recurring transactions for any bills that come out monthly. Love this option because it does two things: turns the category orange until I’ve funded the upcoming transaction, and on the date the amount is leaving my account it pops up in my budget for me to approve the transaction and remind me it’s happening. I don’t have enter the house payment manually each month, but my accounts don’t have to be linked either.
I am so excited to give this a try. Sounds like you guys have fixed the deficiencies that frustrated me in other apps. I'm still in the "watching videos" stage but I'm so excited and praising God for you all.
Aww, so glad!! YES, let us know if you have any questions and would like us to cover an other topics regarding goals! There will actually be an updated version of this video coming out pretty soon!!
-Hannah 🌻
Hannah's videos are the best! I already knew these things but I watch the videos just for her to make me laugh (and every once in a while I learn something new too!)
oh!! you said boardgames! Finally someone who takes seriously that boardgames NEEDS A BUDGET!!!! :)
🤣😂
🌻 Hannah
Your channel's literally made me start a *Personal* *Finance* channel here on UA-cam. Thanks for the motivation *YNAB*
Absolute enjoyed watching you talking about budgeting. You are awesome. Great info and video.
To expand on Brian's suggestion. I also use scheduled transactions for all automatic transactions (utilities, mortgage, subscriptions, etc). Another bonus to this technique - when you view that category in your budget the amount of any upcoming transactions is listed and shows you what scheduled transactions will pull from this category before the end of the month.
Team manual entry! Only way to go that way I have full control. Makes you more conscious about your spending
Scheduled transactions!!!
I love her way of explanation. She's awesome )
I don't link my bank accounts. I like to manually enter all except the re-occurring transactions, which I set to repeat. Every few days I download the ofx file from the bank and import it, just to be certain nothing was missed and to reconcile my accounts. It takes all of five to ten minutes. Thanks for the walkthroughs Hannah; They're super useful.
Manual all the way. Always had problems importing with quicken so I didn't want to even try when I started with YNAB.
I have to pay for parking quite a lot. To speed things up on my iPhone, I built a Siri shortcut that already has the right payee, amount, category and today‘s date. The shortcut is on my home screen, so it takes me about 2sec to enter that transaction.
Whaaaaaat?! That's amazing!! Brilliant brilliant brilliant. I've never heard of anyone doing that before! You win!
-Hannah :)
So smart!
I do combo, now. Early on - I didn’t trust that ynab wouldn’t duplicate. So I waited for the linked. I did manually enter cash transactions. Now I try to enter “all” as I go. And the linked part helps to reconcile and clean up any mistakes...
I now do the exact same thing, and for the exact same reason.
I think I might have started doing this after listening to one of Jesse’s podcasts. I binge listen to those things!
Great video, didn't know about the linking up to avoid duplication, that's really useful!
We don’t have direct import in Australia so I use a combination of scheduled transactions for fixed expenses and manual entry for daily stuff. I’m dreadful at entering the daily transactions at the point of purchase, but Carlos (in this thread) talks about triggering text messages for card swipes and then scrolling the text messages at the end of the day - I think that’s a great idea and is something I’m going to try
Teamwork makes that dang dream WORK. Love it!
-Hannah :)
#4 Scheduled transactions. I set all those "just happen" transactions as scheduled transactions to enter a day before they automatically hit my bank. This way, if there's ever a scheduled transaction entry and a downloaded entry that don't match, it's obvious to me because there's "two" transactions and that alerts me to A) figure out why they were different - did something change; and B) make sure my budget gets updated (which of course, if it's over YNAB will tell me, but not if it's under).
Thanks for all the great content! It's been wonderful.
I used Method #3. However, I set up Text alerts for every CC swipe. So at the end of every day, I just go through my texts and enter them
What a great tip! Thanks Carlos. I am dreadful at remembering to enter transactions at the time of purchase. But, I love the idea of running through my text messages at the end of the day and getting across it all.
Yes this is what I do now. Very helpful
Thanks! good one! I was forced to enter everything in by hand which I think was a really good experience for me because I was super resistant to the idea. Blending the two methods sounds great.
Force is one way to build a habit ;) That's awesome!! I definitely think entering yourself is the top option for clarity, accuracy, and awareness! I'm just linked for a little safety net. Keeps me in check!
-Hannah :)
I use the third method. Though I usually don't add the transaction until I get home and I'm on my computer, as I prefer the web site over the mobile app. I do sometimes use the app still though to record a random one.
But my bank shows transactions as cleared immediately, so I don't need to wait a few days for it to show. But it does take a few days to transfer into ynab, so I still add it manually so I'm up to date on my budget. I even mark the items as cleared, even if they're "pending", since my bank shows them and takes the money as spent to it makes sense.
I will say I love the cleared function on ynab though for checks. I wrote a $295 check for my dogs vet visit cause my roommate actually brought him in for me (since I was at work) and checks work best for that situation imo. The check hasn't cleared, but I still have it in ynab as uncleared and so I still know how much I ACTUALLY have to spend, instead of what my account THINKS I can spend lol.
Katey, brilliant!! We sound really similar. I also prefer the site over the app; I like the space and breathability a computer offers versus a phone. And yes, lately I've been clearing transactions once they hit my bank! They I can reconcile earlier so I don't have to wait on those transactions to roll in. When DI imports the transactions after I've already reconciled, it'll still link with the reconciled transactions and my budget stays 100% accurate 👌🏼
-Hannah :)
You Need A Budget (YNAB) Me too!
Oh man, the pinning feature is great!
as Brian noted - Scheduled transaction is 4th way, 5th way is QFX/CSV imports if you don't want to give your account numbers and password to a third party :) and you have a boat load of transactions to enter. By the way - just thought of new business model for YNAB - YNAB credit card... All transactions automatically imported and software fee is included.
Love manually entering transactions! It’s a great way to cut out any mindless spending.
Thanks for the awesome pro-tip, Hannah! I didn't realize that categories could be pinned in the mobile app.
I'm definitely in the third category! I enter (almost) everything manually, but direct import is an awesome backup for those times where I accidentally miss something, accidentally enter a transaction in the wrong account, etc.
*Almost is definitely the key word for me too ;)
-Hannah :)
On the name of the category, I place the date of the month they get transacted!
Method #3 since direct import started with YNAB!! Kept the receipts until I manually entered them at the end of the day. Now that YNAB is on your phone, I manually enter EVERY transaction for the day and feel REAL GOOD when that reconcile comes through in sync. Amazon is the only bane of this method.
Edit: Grahm-ur.
Same! I get paid twice a month, so it helps to know which expenses need to be covered right away.
@@gabyam me too. Usually the money you have for 10 minutes before it just gets shoved into your bills for that time period before your next paycheck... :-(
I'm still in my first week, and I'm all about the combo method. I think as I get more comfortable with YNAB, I"ll mostly use the auto import.
It’s too overwhelming to enter so many transactions
IFTT + Zapier. auto import transaction in realtime.
IFTT reads card/bank push notification on phone an write to a google sheet. in google sheet I have a regular expression that extracts the value and write text in 1 coll and value in another.
zapier read google sheet for new lines, and with ynab integration get the new line and post to my ynab.
so, I swap the card, and receive the notification from my bank, and it´s entered in ynab at same time.
Dude. That is killing it
Pinned categories in the app... WHAT! ( Hannah drops mic and wanders off ) LOL
Don't know where to put this question. This is related to purchases via credit card (big purchases that will be broken down to several months).
I know you can put a recurring entry and set it to monthly. However, the date you purchase the item will vary from the date of the monthly installment. So how do you go about entering the said transactions?
Scenario:
Here's what we have in our country. You can purchase a phone for (~$800) and take advantage of their "Buy Now Pay Later" promotion. You'll be charge installment for 12 months. AND 1st charge will happen 1/2 month(s) after your purchase month.
Your videos are the best! So entertaining yet informative
I like & use the direct imports but still enter manually as soon as I do the spending. The notifications I get from my credit and debit cards help me keep track. Then I get the import and approve to have the transaction cleared.
Same! It gives me comfort to see those little "link" symbols pop up because it just means I entered my transaction right!
🌻 Hannah
One of my struggles is when I order a bunch of stuff on Amazon with split categories. I can take the transaction total and budget it YNAB, but a few days later when direct import happens, I end up with 2-3 Amazon transactions because Amazon separated my packages into different invoices and now I have to figure out how to redivide my original YNAB transaction into the separate Amazon invoices. I've started just relying on direct import to catch the broken up invoices and then I go back to Amazon and reconcile each one. I don't know an easier way to work with this in YNAB.
I've had this issue too. The only true way that I've been able to find the right charge to the right item, I wait for the import and match the charge value on the Amazon order email.
I have the same problem. Plus my wife and I have subscriptions on Amazon -- I don't even know what all of them are, charges just show up. Hey, Hannah, could you make a video about managing Amazon purchases in YNAB? Amazon is a budgeting nightmare.
Team linked bank accounts here. Have no desire to go back to manual and the waiting doesn't bother me. Great video!
You have to tell me where I can get those desk plants, thanks for another great tutorial!
I couldn't tell ya straight, but I can for sure say it was either Home Goods, Target, or Hobby Lobby. I'm all for plants that can't possibly die ;)
-Hannah :)
@@YNABofficial Just remember NOT to water them :D
We’re with you girl. Thank you!!!
Direct import doesn’t exist in Australia - IT COULD - we have lots of free apps that do it (Pocketbook is great), its why I keep going away from YNAB, I love the program but $117 a year a a big feature missing its hard. YNAB please, please give us direct import.
yes, in germany its the same. In fact users all around the world pay for automatic import but can't use it :-(
Sharleen Davis syncforynab.com/
Czech Republic same here
@@sonkeschluter3654 lol..You even saying Australia. Ghana, Africa is much worst. It's like 7x in the currency's value. THAT IS CRAZY!
We built Budget Feeder to fill this gap - it offers direct import from Australian Banks to YNAB. Available at www.budgetfeeder.com/
LOVE the pinning!!
Team 4 scheduled transactions, and team 5 file import, because we don't have direct import in New Zealand... Yet.
6:32 That's not what "alas" means! That's the _opposite_ of the way you should use it! :P :)
I'm on Team Julep! Oh, that wasn't an option?
ME TOO Thom. Let's get real, 30% of my transactions are for Julep anyway, right?!
-Hannah :)
I know we can break incorrect transactions, but I wish there was a way to match transactions that YNAB misses as being the same. Currently, I usually delete the auto imported transaction, then go back to the manual transaction, switch it to cleared, then save there. It's extra steps.
+
You can match transactions on both the mobile app and the computer. Just click the three dots on mobile or the edit dropdown on the computer. Then "match" is an option.
You can match transactions. I do it all the time with my electric bill. Everyone month I have a scheduled transaction for it ($100). It is my best guess at the maximum of what my bill will be. Then when I do an import the actual electric bill transaction comes through (let's say for $86) I select both with the check box, go to the menu, and choose "match." YNAB automatically chooses the actual amount ($86) when merging (matching) the two.
I like to have the scheduled transaction because it makes auto bugeting easier. Also, after the real bill comes in and I match it to the scheduled transaction I get to move any extra ($14) to a different category and my electric bill category is a nice happy green even after moving the excess.
Wonko42 Is this in the app or the website. I primarily use the app unless I’m reconciling and I will have to try this the next time. Thanks for the tip.
Redundancy is key. I use both. That way there's a failsafe.
Right on, David! You're reading my mind. Both ensure the best habits AND the most accurate success!
-Hannah :)
Direct import with my bank has sucked for two years. I’m a boomer with a millennial heart and I need a bank I can get along with. Is there such a thing?
I am on team 3, but sometimes YBAB doesn't match, and when it appears from the bank, I have to look at the account to be sure it's not really a new charge I forgot to enter. Usually the bank entered it a day or two after the actual transaction. That's a bit of a hassle, but I'm still up to date.
Still trying to get the hang of it
I wish I could use the combination, but french bank account can’t be direct import.
I just stick with the method 2.
Hope to see Ynab translate someday in french, it will be so great.
Thank you for the video!
"Alas" is for unfortunate things. Not having duplicates is a good thing!
Ahhh... I learned that this video. Alas, I cannot change what i said.
... did I do it right?! 👆🏻
-Hannah 🌻
@@YNABofficial that's perfect Hannah 🤣
Its a fun ancient word
Mostly direct import, but budget for the true expenses for what we normally spend.
You aré the best😉
Team #3 :)
Awesome
Unfortunately the direct import doesn't work out of the US...
syncforynab.com/
Also www.budgetfeeder.com/ for Australia
I swear I didn't hear the word cash in the entire video. Don't you use cash anymore in the USA? Lucky you, that's the hardest account to keep up with; I have to make "adjustments" every 2 or 3 months on that one. And also we don't have direct import in Mexico so, bank accounts aren't easy either. Still I've been using ynab for 7+ years and has helped me a lot with my finances. It's like I use ynab in hard mode, yours is beginer mode. Maybe I should be making the videos huh? XD
Lol! I don't think most people intentionally want hard mode, but it sounds like you probably could do the videos. Running a cash account is tough! I rarely use cash anymore because it's so easy to track everything else in YNAB.
What is hard mode?
Felipe, you're not wrong! 😂 I'm not much of a cash user; more and more these days, cash is becoming harder to use/less available as a way to pay for products or services. When I do run into an inflow of cash, I usually leave it outside of the budget and use it for one specific thing (like buying car fuel, then reallocate my budgeted "car fuel" money somewhere else in the budget) or just count it as bonus fun money or as extra on-hand "miscellaneous" money. And hey, if you made a YNAB video, I'd be your first view! 😁
-Hannah :)
Thanks!
I enter all transactions manually. it is unfortunate that direct import only seems to work with US banks and not with banks from other countries.
I'm in Canada and it works. I guess you are not in North America....that does seem a shame!
It has just started to work in the UK and EU.
So if I manual enter and then want to pay my credit card balance in full won’t I be “overpaying” the balance since many transactions may still be pending for them?
Hi Cressa! Technically, yes. When I pay my credit card, I usually put my account "in the negative" for a day because I'm overpaying my current balance. I believe most credit card companies will let you overpay, so long as you don't exceed your current + pending transaction total.
If you'd prefer not to overpay, you can always edit your payment amount to match your current balance when you make a payment. You'll still have money set aside for those pending transactions in your Credit Card Payment category.
Hope that helps! 🙂
- Ben M
Are there plans to add other banks to the list of ones approved for Direct Import? (UK based over here 👋)
Look at the "Up Next" link on the youneedabudget homepage. UK banks ARE on the way.
Great video. Made me laugh.
This access is SO good, I would watch her doing ANYTHING. Just had to say....
How did pinning get a disclaimer but options 1 and 3 didn't? :p (For the rest of the world-i.e., not Canada and US-option 2 is the only option.)
That's fine for me-I like entering transactions manually. But I'd suggest adding a disclaimer in the description.
Claudia, thanks for your input! Very wise suggestion. I'll fully admit I'm US-locked and that thought hadn't even occurred to me. Let me throw a disclaimer in to the video description, and we'll work to make this right in the future!
-Hannah :)
You Need A Budget (YNAB) Thank you for replying, Hannah :) And thank you for adding the disclaimer! ^^
Help! I'm so overwhelmed with YNAB, but I want to love it and make it work for me. I have bi-weekly payments that I want to budget for but I can only figure out how to do a weekly recurring and that bugs me because it won't reconcile that way with direct import.
there’s a repeat option for every other week that sounds like it’s what you’re looking for… unless you mean two times per week? if it’s two times per week, i think that just setting up two separate transactions, and making each repeat weekly would definitely be a good option.
also i’ve found that the support team is really responsive on email and in the chat function on the app and they’d definitely be able to answer questions like this, definitely recommend using that feature :) good luck!
I’m struggling to find answers on how to update the balance of “money in my account” when my money hits my bank - I’ve had to use unlinked option because I can’t seem to figure out how to link Australian bank account - do you know how to update the actual money in my account section
Hi Melissa! When you get a paycheck, you can add a new transaction, categorize it to "Ready to Assign", and enter it as an inflow. That will add the money to your account and cause those dollars to show up in your Ready to Assign.
Hope that helps! 🙂
- Ben M 🎨
How does it handle cost of dining out if tip transaction doesn’t clear at same time as meal charge. ?
Hey Brian! It all depends on how the restaurant/business itself works. I used to go to a coffee shop every week that would register the tip as a separate transaction, so when I went there I'd have to enter my coffee purchase as a transaction and add the tip as another transaction. When they imported into my budget, I just approved the linked transactions and moved on!
At most places, though, the transaction will pend at the bank for the purchase price, but when it clears the bank it will clear for the purchase price+tip in one transaction. In this case, I always manually enter one transaction at the time of purchase that includes the tip, and by the time it imports into my budget later, they link up seamlessly and I'm on my merry way!
-Hannah🌻
I so want to love ❤️ YNAB but I'm overwhelmed and confused and I now have 90 transactions waiting to be approved and categorized 😵💫. I have two transactions for every credit card and loan payment. I'm not sure how to apply the payment to a linked credit card and how to get interest applied to the credit card 🤔 😕
[edited cuz I read categories but you said transactions…]
Go easy on yourself when you’re just getting started and group transactions into less categories maybe? Makes it easier/faster to know which is which?
As for credit cards. I was confused at first too. Search in UA-cam for some examples. Literally watching a YNAB employee or other UA-camr demonstrate was SUPER helpful to me.
Happy budgeting!!!
@@meganarchambo4526 thank you for your suggestions 😁
Diane! I'm sorry you're feeling a bit overwhelmed!! A few thoughts that came to mind when I read your comment:
1. The more often we check in with our budget, the less we have to deal with at once. I usually take a peek at my budget everyday just to make sure things are categorized, categorized correctly, and that I didn't miss anything during the day. It's a little easier if you tie your daily check-in to an already existing habit-while you're brushing your teeth, waiting for the coffee to brew, waiting on the dog to find that perfect spot for their morning 💩 (mine always takes at least three minutes to find THE spot). This helps ease the overwhelming pouring in of transactions if you're only checking in every few weeks or so.
2. Credit cards and loan payments often actually have two transactions associated with them-in inflow of money to the credit card or loan you're paying off, and an outflow of money from whatever account you're paying it from. For instance, if I'm paying off a $500 credit card bill, I do this with the money from my checking account, which means there should be two transactions happening here:
1. I'll create (or import) a $500 *inflow* transaction into my credit card account, because I'm satisfying the negative $500 balance by bringing it back up to $0 with a $500 payment.
2. I'll create (or import) a $500 *outflow* transaction from my checking account, because I spent $500 from my checking account to pay the $500 credit card bill.
I hope this makes sense! If you're still having troubles or think something might be off, definitely write in to our customer support team!! They'll dive deep and help you figure out what's going on!!
🌻 Hannah
Hi, Hannah. Categorizing transactions is the hardest part of YNAB for me. When I try to categorize an inflow/payment, my linked credit card account does not show up on the list. What am I doing wrong?
Hmmm... not sure I fully understand the situation, but I'll try my best based on what I think you're asking!
When adding a transaction, we want to select the account the transaction was made through. So, if you buy lunch out with a friend using your credit card, start a new transaction, select "Account" and select your credit card, then finish entering all the other details (payee, category, memo, etc) and save! This will record the purchase as a credit card purchase to your credit card account.
When categorizing transactions, we want to categorize it to the *spending category* it should come out of, no matter what account or payment method we're using. For example, if you go to lunch with a friend and pay with your *debit* card, you'll select your checking account for the account type and categorize the purchase to your "Dining Out" category (since you were dining out). And if you go to lunch with a friend and pay with your *credit* card, you'll select your credit card for the account type and, just like with the debit card, you'll still select "Dining Out" as the category, because regardless of which account or payment method you used, that's where the spending is occurring.
If you have your credit card linked as a "Credit Card" account in YNAB, anytime you DO use your credit card for spending, make sure to select it as the "Account" when entering a transaction. What this does is take the money you spent at lunch with a friend OUT of your "Dining Out" and move it into your "Credit Card Payment" category so that you're ready and able to pay off your credit card in full when the due date comes around.
If this process *isn't* happening for you when you categorize credit card purchases, it may mean you have accidentally been using a "Checking" account type for your credit card instead of the "Credit Card" account type. One way to check this is to see if you have a "Credit Card Payments" category at the top of your budget with your credit card account listed as a category within it. If you don't, then that may mean you originally set up your credit card account as some other account type, such as checking or savings, and need to switch it to be a credit card account.
Let me know if this helped answer your question or sort things out at all! If not, I'd say to go ahead and write into our customer support team because they can give you more detailed help with your budget and figure out what may be going on here!
🌻 Hannah
@@YNABofficial this was great. Thank you so much. I believe I set my card up incorrectly b/c my card is not listed under the "Credit Card Payments" category. I have a rewards card and whenever I make payments or use points to cover a purchase, I never know what to select b/c nothing shows up for credit card payments when I try to categorize.
YAAAY!! I'm so glad it was helpful!! 😅 Yes, when you add a credit card as a "credit card" account type, it was automatically make a "Credit Card Payment" category at the top of your budget that you *can't* delete unless you were to remove your credit card account entirely. Whenever you record spending on the credit card, it'll move the money from whatever spending category you select and drop it into your credit card payment category so you're ready to pay it in full when the bill arrives. It's SO handy and I've started using my credit card EXCLUSIVELY, and then using all my rewards points to buy new clothes that I didn't want to use my "Fun Money" category for 😂
Sounds like we found the root of the problem! Hope this switch goes well, but if you run into any issues or need any further help, always feel free to reach out to our customer support team! They can walk you through step by step!!
🌻 Hannah
Will direct import ever come to Australia?
We built a tool to automatically sync transactions from over 150 Australian banks to YNAB, available at www.budgetfeeder.com/
Does anyone have any tips on when you enter manually, and then your bank does it automatically, and it doesn’t match up, and thinks your over budget. This has happened a few times, and while it’s usually an easy fix, I usually have to end up deleting the original manual transaction in order for it to realize that I didn’t spend twice of what was budgeted.
Hey Mariah! If your budget is having trouble linking up your transactions to each other, definitely reach out to our support team and have them help you figure out what may be going on there! They'll be super glad to help and they're super smart, too 🤓Just shoot em an email with your situation at help@youneedabudget.com!
-Hannah :)
If they have the same amount you can select the 2 and match them manually. I had an issue when I was using the API to enter some transactions and they wouldn't match. Turns out my math was wrong and the API transaction included partial cents.
@@DaleKingProfile There’s a YNAB API? What do you use it for?
@@ahmednkhan Maybe he meant app? 🤔
WAIT there is a YNAB API!
api.youneedabudget.com/
$35 for dinner? Definitely not Seattle
Kansas 🤷🏻♀️
-Hannah 🌻
There time I’m so tired from work and things I do in my personal life that I forget to put a transaction that I purchase yesterday into my budget so there is time I go over budget and i have to take money out of a category to clear the over budget. I really hate doing that to the point of giving up and deleting YNAB because I to tired
Hi! If possible try to download the app on your phone, its really easy, you can add a transaction anywhere at any time. Im new to YNAB, we're coming up to the end of our first month/paycheck and we have saved already €600. Please don't give up on YNAB, it'll be worth sticking it out, i get excited thinking about our potential savings. Anyhoo, take care.
Alfred, I feel ya! It took me a long time to build the habit of entering transactions right away. Like, a LONG time. Years. What finally helped me was anytime I made a purchase with a physical receipt, I would wrap the receipt around my phone or tuck it in the phone case once they cashier handed it to me so I would remember to enter it once I got back to the car. Eventually I was doing that enough that it helped with remembering to enter online purchases. I also compared my budget with my bank account every few days as I was building the habit to see what I missed! Now I'm a lot better, but still not perfect. Heidi, your words were so encouraging!! CONGRATS on the savings!! That's incredible! Best of luck to you both!!
-Hannah :)
I know what you mean Alfred, but you could just let the sync take care if importing your transactions..although yes it does take a day or so. I try to enter if I think about it...so I know my true balances..also sometimes the import will put in the wrong vendor so if I do it then it will link with correct info. Plus Amazon..I buy so buy so much and they are different categories so it makes it easier for me if I enter those “on the fly”. Problem is when Amazon split the shipment and charges partial amounts!
heidilovesrt I agree! I gave up on YNAB for a year or so when it was YNAB 4. (Years ago) When I decided to come back...oh my gosh was it better!! I am totally addicted to it now and would never give it up. Even though I’m not perfect with my budget..it’s almost like a game to me trying to keep all the balls up in the air and organized! I can’t go more than a day or so without looking at my budget.
Also…are you maybe UNDERBUDGETING for some things?
I bet your lucky number is 3 🗽
IT IS!! How did you know?!
🌻 Hannah
Mine too
Hay version en español?
Hannah or YNAB, please do this. We need these videos in Spanish.