2023 YNAB BUDGET for BEGINNERS step-by-step tutorial | PART 1 setting up MY 2023 FINANCIAL PLAN

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  • Опубліковано 6 лис 2024

КОМЕНТАРІ • 94

  • @JoeShockey
    @JoeShockey 11 місяців тому +29

    This is a brilliant tutorial! The content is very good, and the presentation is excellent. No need to speed it up to 1.25 or faster (like many of us do for tutorials). Lexa talks fast, and uses no fluff or filler words like um or ahh. Well edited and boiled down to just a constant stream of good content. I can't tell if she is following a script or is just a naturally gifted speaker. Well done and recommended.

  • @heyheyheyhi
    @heyheyheyhi Рік тому +10

    I just want to say THANK YOU SO MUCH. This should be an official training video!

  • @mynameisleisa5288
    @mynameisleisa5288 День тому

    Just downloaded YNAB yesterday and only looked at it on my phone as an app and not the computer and was so confused! Thank you for all this information!!! I can’t wait to set up everything 😭

  • @chriswallbruch9523
    @chriswallbruch9523 Рік тому +10

    This was super helpful! I’m a brand new YNABer (Mint refugee) so this was really useful, thank you!

  • @Gri-n9l
    @Gri-n9l Рік тому +29

    Restarted today. I've been spending like crazy the last years.... can you speak a little slower? Not native speaker and struggle to catch up with you 😉

    • @rhondasolomon7817
      @rhondasolomon7817 Рік тому +31

      Hello, under the wheel icon for settings you can slow down her video, or speed it up. It’s very helpful! Good luck with your new start.

    • @mrsmarr3308
      @mrsmarr3308 Рік тому +1

      You can slow down the video and turn on automated subtitles

    • @belonging9200
      @belonging9200 11 місяців тому +2

      You can slow down the videospeed

    • @dhuratadobbins3001
      @dhuratadobbins3001 4 місяці тому

      @@rhondasolomon7817at 0.75 of the speed is awesome btw 😊

  • @davep6603
    @davep6603 Рік тому

    I am returning to YNAB after a few years off. Rather than try to figure out my past budget, I decided to start from the ground up by setting up a brand new budget. This video is a huge help. I'll be watching Part 2 once I am done with my initial setup. Thanks for making this!

  • @Specificpickle
    @Specificpickle Рік тому +15

    I am not paying for YNAb, but this has been SUPER helpful for hearing about budgeting still. Just your thoughts on categories and the logic behind them all even helps me organize my primitive excel sheet :)

  • @EzraWeissman-y4p
    @EzraWeissman-y4p 10 місяців тому

    Me and my girlfriend are getting started with YNAB in the new year as we combine finances, this video was super useful! Thank you so much. New subscriber.

  • @auronmusic1465
    @auronmusic1465 Рік тому +4

    Thanks Lexa for this video tutorial !! 👍🏻 It is very useful for new joiners to YNAB, more useful than the Tutorials by YNAB itself. Keep up the awesome work to help people like us get used to YNAB and be able to manage our finances well. Your classification of categories makes a lot of sense and something which I plan to do as well. Appreciate your efforts and kindness to share such valuable information with other YNAB users !! 👍🏻😊

  • @allisongrinberg-funes9267
    @allisongrinberg-funes9267 Рік тому +8

    Thank you so much for making this! Ive watched different tutorials by other creators and found yours so well-paced and accessible, I'll definitely be watching part-two. Im a writer so I know how much work goes into these. Thank you!

  • @vodkasoda12step71
    @vodkasoda12step71 10 місяців тому

    SO helpful! I don't think I've ever sat through 30+ minute UA-cam video before... on my way to part 2!

  • @stevevuoso8411
    @stevevuoso8411 Рік тому

    This is the best YNAB set up video I’ve watched so far. Good job.

  • @a.n.tipton5204
    @a.n.tipton5204 4 місяці тому

    This is such a well done YNAB video. I felt kind of overwhelmed at first but I followed along with your video and absolutely love the result. Thank you so much! I really liked the way you set up the categories. It makes so much sense.

  • @agustami956
    @agustami956 11 місяців тому

    This was excellent. Heard about YNAB due to Ramit Sethi but this tutorial gave me the confidence to jump in. Signed up via the website so I do not have to enter CC details during the free 34-day trial

  • @av8r22
    @av8r22 Рік тому

    WOW! Thank you so much!! I have ADHD as well and I"m like OMG yNAB makes so much better sense now. Thanks for this!

  • @darlabaliko1813
    @darlabaliko1813 4 місяці тому +1

    Excellent tutorial! I hope you keep making videos. Would love to see updates for 2024 (esp when creating Targets). Also would love to see how someone self-employed would use YNAB. Do you use ATB category for business expenses? Would love to see how you integrate personal and business using ynab.

  • @KelseyAlexandrea
    @KelseyAlexandrea Рік тому

    This is great and super easy to follow! Very excited to start!
    Also, your voice is so nice to listen to 😊

  • @geekrific
    @geekrific Рік тому

    Thank you so much for explaining YNAB in a clear, concise and fun way! I have been attempting to get into YNAB for a lonnnng time and I'm jumping in because of you!!! Big Hugs!!

  • @alyssacampbell5179
    @alyssacampbell5179 11 місяців тому

    Lexa, you are AMAZING! This was such a helpful tutorial.

  • @mikescarborough9196
    @mikescarborough9196 11 місяців тому

    I recommend setting aside 10 - 20 cents per mile for unexpected car care repairs or more if you want to keep up with the depreciation of your car in addition to any repairs. And stay away from after-market extended warranties. Trust me on that one.

  • @Flowergirl307
    @Flowergirl307 6 місяців тому

    Just getting started with YNAB and this is so helpful!!! Thank you 😊

  • @StopMoMama
    @StopMoMama Рік тому

    Thank you so much! I've used YNAB (poorly) for a year and never quite understood all this. I also hate watching videos and following directions, but you kept my attention. Will watch more!

  • @arethaj6688
    @arethaj6688 6 місяців тому

    Thanks for your awesome video. I am new to YNAB and was struggling to get going.

  • @abbywolfson9661
    @abbywolfson9661 5 місяців тому +1

    really really good! the only thing is I can't find the savings plan builder. did that get changed in 2024 and is it called something else?

  • @702desertmom
    @702desertmom Рік тому

    This is a great video! I’m considering doing YNAB and wanted to see how it works I’ll definitely watch the second one.

  • @lukesmithkaz
    @lukesmithkaz Рік тому +3

    Thanks for this! I recently re-started my YNAB budget after... ignoring it for all of the pandemic... Whoops. :) This was a great resource to help me understand each target type and how best to utilize them. Moving on to the credit card video now... The credit card section was always so confusing to me!

  • @lorenrabbat2637
    @lorenrabbat2637 10 місяців тому

    This.was.phenomenal. THANK YOU!

  • @angelabarnard8029
    @angelabarnard8029 Рік тому +2

    Lexa! I freaking love you and how you set things up! THANK YOU!

  • @nosirrahm
    @nosirrahm Рік тому

    I abandoned all the YNAB shell budget categories too. I already had a spreadsheet, so I needed them to be the same Housing, Transportation, Pets, Shopping, Entertainment, Debt. I need to be able to see those percentages.

  • @ThebookishSAHM
    @ThebookishSAHM Рік тому +1

    Great video. I'd love to see a more indepth vid about loans in YNAB

  • @user-tq4bj4vh4n
    @user-tq4bj4vh4n Рік тому

    Lexa, what YNAB app are you using on your Mac? Your idea to input all this information on the computer is such a time saver! THANKS for putting together such a helpful, organized presentation🤟

  • @cristaurena1472
    @cristaurena1472 6 місяців тому

    WOW this was so useful and overall so insightful. thank you!!!!

  • @Izzybella89
    @Izzybella89 Рік тому

    This was amazing! Thank you for making this easy, and I feel less stressed out. I'm hoping I'll stick with this!

  • @anaschubert1532
    @anaschubert1532 Рік тому

    This was so helpful! I’m finally understanding how to set up this app. Thank you!!

  • @bergenwilde8358
    @bergenwilde8358 Рік тому +1

    Oh yeah, thanks a bunch for this! The YNAB starter video is not at all for beginners. It's just a more detailed marketing video 😂

  • @Jonathan-ub6kt
    @Jonathan-ub6kt Рік тому

    Super helpful video! Thank you for breaking everything down so well.

  • @DoubleSchmidt
    @DoubleSchmidt 8 місяців тому

    Where is that bookshelf from?!?! I love it!!!

  • @hannahheath9162
    @hannahheath9162 3 місяці тому +1

    Is the type of target feature now not offered with YNAB? I have the app now and it does not allow me to categorize. Is this only for the paid version?

  • @lisahufnagel2286
    @lisahufnagel2286 Рік тому +1

    How do you deal with bi-weekly mortgage payments?

  • @rachelbarry6699
    @rachelbarry6699 6 місяців тому

    Massively helpful tutorial. Thank you!

  • @elenadelisle
    @elenadelisle 10 місяців тому

    I have several bills that come through every other month, waste management, water, electricity, etc. How would you categorize?

  • @Magicwithizz
    @Magicwithizz Рік тому

    I got a free year for being a student, and I’m finally coming back to it like 5 months later to try again because it confused tf out of me

  • @JamieSmithCoach
    @JamieSmithCoach Рік тому

    This was super helpful thank you

  • @Progressanna
    @Progressanna Рік тому

    AWESOME video!!! ❤

  • @DallasSuburbsLiving
    @DallasSuburbsLiving 10 місяців тому

    I just side up and my set up looks different. Its set your first Target? Step 1 or 3 Am I doing this correct?

  • @itk3933
    @itk3933 6 місяців тому

    Thank you this was great. I did have to slow you down .75 though!

  • @cafelingua8138
    @cafelingua8138 Рік тому

    Do you do one on one coaching ?

  • @adambishop1066
    @adambishop1066 8 місяців тому

    So helpful!! Thank you :)))

  • @Jmay411
    @Jmay411 6 місяців тому

    I’m using the app and I’m confused how to set up monthly target for long term savings

  • @valeriejaeger4918
    @valeriejaeger4918 Рік тому

    Thank you thank you thank you thank you thank you! I ❤ u!

  • @nf3126
    @nf3126 8 місяців тому

    Hi Lexa. Not sure if you mentioned this, but what do you consider Fun Money? this is where I have trouble, because I also have an Eating Out category... so fun money is outside of that but can be so many things

  • @evecadet2120
    @evecadet2120 Рік тому

    Very helpful video for the beginner. I am considering purchasing the YNAB app. Is it a one time payment for the app or a yearly renewal?

  • @janeldamiani3820
    @janeldamiani3820 Рік тому

    What if your water or power is always due on certain days of the month, like it's never consistent? Does that matter?

  • @lace_sunshine_face
    @lace_sunshine_face Рік тому

    I'm confused with setup bc on the left I do not have an option to start a new budget, it doesnt say reports, I've linked accounts but they are also not showing up on the left

  • @rasmikah007
    @rasmikah007 Рік тому +1

    Hi Lexa. Can you do a budget where you get pay on the 21st of the month and it covers bill for the following month? I’m struggling on how to do this.

    • @TheAvocadoToastBudget
      @TheAvocadoToastBudget  Рік тому +1

      I'm hoping to restart my "Budget for Me" series soon! So hopefully I'll have some examples of that. I also think Part 2 will answer more of your questions around what that looks like! That should be up tomorrow or by the end of the week!

    • @rasmikah007
      @rasmikah007 Рік тому +1

      Thank you. Will look out for part 2

    • @pricilasanabria1882
      @pricilasanabria1882 Рік тому

      @@TheAvocadoToastBudget I would love to be apart of your Budget With Me series. I just came across your video and YNAB. I don’t have a budget in place at all but how you explain this software and how you use it makes me want to get serious about budgeting. I hope your series comes back soon and I can be featured 😊 !!

  • @ncc926
    @ncc926 Рік тому +1

    I just signed up for YNAB again. Your video is extremely helpful. Especially the ADHD tips 🥲

  • @lakeisharhyant2045
    @lakeisharhyant2045 Рік тому

    Never mind im watching pt 2 whicj woll probably answer my question. This is very helpful. I use ED but very very simply. I love that I don't have to do my own calculations as I try to do every month. I use my credit cards for perks and pay off every month. I fell al tad behind with paying off card but I was doing alot of spending around the holidays and after ore than normal. I guess retail therapy been going through alot. But I have been ready to get back on track which I am. So I signed up for this yesterday and today watching your video and put together my video. Now I'm trying to figure out how to pay off card and where to start my target dates. 🤔 I have them entered as when they will be paid but still need to catch up on my credit card. How can I do this without overbugeting? I'm only maybe a month behind if there but I put everything on the cards for the perks. I'm open to suggestions. Thanks.

  • @elizabetholsen7550
    @elizabetholsen7550 Рік тому

    I haven't watched part 2 yet, but my husband and I put all our bills on our credit cards and pay those off in a lump sum every month. Will this type of method still work within YNAB?

    • @lw1405
      @lw1405 8 місяців тому

      Yes, many, many people do this. Go look at Nick True's YNAB credit card video

  • @kelhinna9153
    @kelhinna9153 Рік тому +1

    Goodness...sounds like you're wired up on Red Bull lol!

  • @avici0182
    @avici0182 Рік тому

    Thank you!

  • @nickqtv
    @nickqtv Рік тому

    I guess I need to add YNAB to my fixed expenses :( I am so bad at money

  • @leighanastasiamama
    @leighanastasiamama Рік тому

    This was very helpful! Thank you!

  • @what200883
    @what200883 Рік тому

    My daughter’s name is Lexa 💕

  • @kbar4381
    @kbar4381 10 місяців тому +1

    Not the best tutorial for people like me with below average financial literacy.

  • @user-tq4bj4vh4n
    @user-tq4bj4vh4n Рік тому

    Never mind, I just realized you’re on the web version, duh

  • @Kyle-zw6jy
    @Kyle-zw6jy 20 днів тому

    They won’t forgive student loan debt. Better get those paid.

  • @jaylightfoot3303
    @jaylightfoot3303 Місяць тому

    Goodness! Slow down!!!!! Why do all YNAB BEGINNER TUTORIALS always have people who talk so fast and go way too fast for a beginner to keep up? I really wish I could recommend this video to other beginners but it’s just too frustrating for me.

  • @katrinaslorstad6078
    @katrinaslorstad6078 Рік тому

    Ok but what exactly do you buy for 50 bucks on your plants?!? Lol or do you buy $50 worth of plants a month!?! 😮

  • @DenaWald
    @DenaWald Рік тому

    I'm sure the info is great, but you go way too fast. Guessing it's to keep the length of the tutorial as short as possible.

    • @leahwalton6889
      @leahwalton6889 8 місяців тому

      Under the settings icon on the top right corner, you can change the playback speed to .75 or .50 to slow down the video.

  • @backiejigley1208
    @backiejigley1208 9 місяців тому

    Who has a freaking computer and all of these videos are on a computer

  • @outbackyank6122
    @outbackyank6122 Рік тому +1

    wow.......i cant listen that fast!!!

  • @thesteward1442
    @thesteward1442 Рік тому +1

    you talk too fast for beginners to comprehend the content

  • @TheSwimmom1
    @TheSwimmom1 11 місяців тому

    man you talk really fast

  • @yorocco1
    @yorocco1 2 місяці тому

    I’m so confused, I’m gonna puke.

  • @lanipalarca8235
    @lanipalarca8235 6 місяців тому

    You probably have good content. Had to quit. Are you in a hurry that you talk too fast. Cant continue listening. Sorry

  • @JC-bm7nv
    @JC-bm7nv Рік тому

    Just starting a trial of YNAB and your video has been the most helpful out of all of them. I have a 3 family property I want to include with my budget sort-of separately and I hope your future videos will help explain how to do that along with my personal budget. Anyway, Thanks and I will follow from now on.

  • @teapurveyor
    @teapurveyor Рік тому

    It's definitely the same on a PC as on a Mac... it's a website!

  • @SnowRita-c3b
    @SnowRita-c3b 2 місяці тому

    5133 Ila Mills

  • @wellnesscanceradvocate8564
    @wellnesscanceradvocate8564 10 місяців тому

    Slow downnnnnnnn

  • @EzraWeissman-y4p
    @EzraWeissman-y4p 10 місяців тому

    Me and my girlfriend are getting started with YNAB in the new year as we combine finances, this video was super useful! Thank you so much. New subscriber.

  • @susanmarovic7037
    @susanmarovic7037 11 місяців тому

    Thanks!

  • @christiemole4435
    @christiemole4435 Рік тому

    Thank you!!!!