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YNAB support thread (2)

587 replies

HouseofHolbein · 21/05/2024 07:27

Just a continuation of the previous one before it fills up!

OP posts:
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HarpQuartet · 24/05/2026 17:27

Oh gosh, I am really sorry, that all sounds horrible, really worrying

OrangeBlossomsinthesun · 24/05/2026 17:38

DD also will have her end of secondary (16) school trip next June. That will cost me about 1000 euros. It´s totally non negotiable that she goes on it, so I will need to save for that too. I mean, I just can´t on a moral level say she can´t go.

If I got really desperate I think my brother would help me out a bit with the loans but he´s helped me out before and I don´t want to ask unless totally desperate.

It´s more the future that´s worrying me. They way they have done it is so shitty as well, a company wide email basically saying "things are shit and we have to tighten our belts, there will be redundancies" but no more than that. There´s a department meeting in another week with more info apparently, but I expect that will be more of the same vague doom without any actual details.

I can´t do anything at the moment because realistically there´s nothing to train for that I would get employed in at 50 plus and foreign, no other jobs as good as this and if I leave I lose any possible future redundancy. So it´s just staying put and fretting until the axe falls, maybe in 2 years, maybe in 5 maybe never.

Ugh. Feel like such a financial failure.

OrangeBlossomsinthesun · 24/05/2026 18:58

I am thinking I will create a over pay category and as soon as i have the minimum over pay amount in it (€61) whack that on the loan and just do that as often as possible.

HarpQuartet · 24/05/2026 19:12

I hope someone who's in a similar situation (or has been) comes along, as I haven't experienced anything similar. We don't have a very large income month on month, but we'd paid off our mortgage by the time I started doing YNAB and didn't have any debts, so that's something I haven't had to deal with. I do realise how fortunate I've been.

HarpQuartet · 24/05/2026 19:14

I've got one potentially useful thought - I hope. This massively expensive compulsory school trip sounds barking. I'm sure asking for financial help is way down on your wishlist, but are there hardship funds you could look into?

OrangeBlossomsinthesun · 24/05/2026 19:28

No, nothing like that. You go or you don't. There is the option to sell tradicional Spanish sweets to make a bit of money but we only have some cousins to sell to so we'll be doing well to make 75€. There's no prom as such here. A ceremony at school and then a meal and disco but that's not too expensive. The main thing is the trip. They go somewhere for about five days. Sometimes Spain, sometimes abroad. DS went on his so i can't tell DD she can't. I just need to save. I have a year. Maybe next year no holiday if necessary.
This year I did think about cancelling our holiday but it's so cheap (€645 for a week in the centre of Oviedo) and I need a break.

OrangeBlossomsinthesun · 24/05/2026 19:33

The trip isn't compulsory but everyone everywhere goes on their viaje fin de curso in Spain at 16. It would be like saying she can't go to the prom or something. She will get a grant of around 2500€ for post 16 study the following year so if necessary i can use some of that to repay this iyswim.

OrangeBlossomsinthesun · 24/05/2026 19:36

I need some quotes for the roof and then work out if i need another loan for that or maybe see if my brother can give me an interest free loan. Then i need to really nail down ynab and try where possible to pay down what loans i have and try to get outgoings as low as possible in the next 2-5 years in case they sack us.

OrangeBlossomsinthesun · 30/05/2026 18:05

No further redundancy news so far. There is a division meeting on Monday but it is my birthday and I have the day off so won´t be able to watch the recording until Tuesday. I think it will be general doom rather than actual details though. I think anyone getting made redundant will just get an email.
YNAB had got a bit messy so I have done a fresh start today, which makes me feel a bit more in control for now.

JHound · 01/06/2026 18:46

OrangeBlossomsinthesun · 30/12/2025 20:23

Feeling a bit of a ynab failure in that I have been using it for YEARS (current budget started in September 2023) and I am STILL not a month ahead.
Admittedly in a better position now two years into a steady job (had about three catastrophic years as a freelancer from 2020 ish and got into debt).
I would have been almost a month ahead with my extra Christmas pay but I'd already budgeted that for aircon in the kids bedrooms. That's not an indulgence, we live in southern Spain and the summers are 40°C and above for weeks at a time. Each year is hotter than the last.
There always seems to be something.
Things are getting better, but glacially slowly.

I started YNAB in 2014 and was only breaking even until about 2019 so truly don't worry. For me the greatest benefit was not sinking back into debt, and also no longer running out of money a week before payday. It has permanently changed my attitude towards savings, debt (I was the credit card queen before YNAB and never paid them off in full, just took out a new card). I am over a month ahead now (but I don't budget that way - instead I just have various sinking funds). You WILL get there - and then you will feel amazing! When an emergency happens and you can immediately fund it, it's a great feeling.

Cannot believe I have been using YNAB for 12 years now!!!

OrangeBlossomsinthesun · 01/06/2026 18:55

JHound · 01/06/2026 18:46

I started YNAB in 2014 and was only breaking even until about 2019 so truly don't worry. For me the greatest benefit was not sinking back into debt, and also no longer running out of money a week before payday. It has permanently changed my attitude towards savings, debt (I was the credit card queen before YNAB and never paid them off in full, just took out a new card). I am over a month ahead now (but I don't budget that way - instead I just have various sinking funds). You WILL get there - and then you will feel amazing! When an emergency happens and you can immediately fund it, it's a great feeling.

Cannot believe I have been using YNAB for 12 years now!!!

Yeah, I am in a better position now thanks to ynab. I think it just takes a really really long time to get into the black when you are coming from debt on a low income.

They had the division meeting and it seems no redundancy for our team for the forseeable so just have to keep on keeping on.

JHound · 02/06/2026 12:55

OrangeBlossomsinthesun · 01/06/2026 18:55

Yeah, I am in a better position now thanks to ynab. I think it just takes a really really long time to get into the black when you are coming from debt on a low income.

They had the division meeting and it seems no redundancy for our team for the forseeable so just have to keep on keeping on.

Oh it took me a long time to finally be debt free I get it. I had been in debt continually from 19 (uni) until 43-ish? But I stopped adding to my debt at about late 30s (everytime I thought I was done I had an emergency and added to debt again.)

EastCoastDweller · 02/06/2026 18:17

@OrangeBlossomsinthesun glad to hear about the redundancy, at least you have a reasonably solid basis to plan from.

The relief when you finally do get out of debt is so worth all the effort to get there. I am still a bit reckless with the expenditure but I never want to go back the debt ridden existence.

My challenge now is to make sure I am living within my means day to day. I find it hard to spend according to the budget and not according the bank balances which look healthy but are for future expenditure.....

I have just done my budget updates for June and am pleased and not pleased at the same time. I think I will give myself a B-.

OrangeBlossomsinthesun · 04/06/2026 12:11

Nearly had a heart attack yesterday. Have to do a tax return this year after not having to last year. Always used a bookkeeper as self employed and Spanish tax is complex so arranged for bookkeeper to do it this year. She emailed to say it was coming out as me owing €420. In the end it was that DS was coming up as contributor (just turned 18) but his minimum hadn't been applied. Once it was it comes out as owing zero. But, Jesus, I nearly cried.
Got this family wedding on Saturday which has been stressing me too (needed to buy some clothes, need to give a cash gift). Once that's over I think I will feel a bit better.

Chatonette · 04/06/2026 12:17

Speaking of redundancies…YNAB has just laid off a big chunk of their marketing team. If anyone watches the YouTube instructional videos, Hannah and Ben were laid off. I don’t know about Ernie & Ben from YNAB Budget Nerds—they have no new content.

OrangeBlossomsinthesun · 04/06/2026 12:24

Chatonette · 04/06/2026 12:17

Speaking of redundancies…YNAB has just laid off a big chunk of their marketing team. If anyone watches the YouTube instructional videos, Hannah and Ben were laid off. I don’t know about Ernie & Ben from YNAB Budget Nerds—they have no new content.

Wow! I watched quite a few of those at the beginning of using Ynab.

Chatonette · 04/06/2026 12:34

OrangeBlossomsinthesun · 04/06/2026 12:24

Wow! I watched quite a few of those at the beginning of using Ynab.

It’s a shame. I think the YNAB videos are perhaps what sets it apart from other budgeting apps. As did the YNAB Fan Fest, although it was only in the US. They might do well to remember that a big part of their USP is the lifestyle/culture. (And there was a price hike this year—so redundancies are a surprise to me.)

JHound · 04/06/2026 16:31

Chatonette · 04/06/2026 12:17

Speaking of redundancies…YNAB has just laid off a big chunk of their marketing team. If anyone watches the YouTube instructional videos, Hannah and Ben were laid off. I don’t know about Ernie & Ben from YNAB Budget Nerds—they have no new content.

Oh I loved Hannah’s videos! I hope the company is not in trouble!

JHound · 04/06/2026 16:35

Chatonette · 04/06/2026 12:34

It’s a shame. I think the YNAB videos are perhaps what sets it apart from other budgeting apps. As did the YNAB Fan Fest, although it was only in the US. They might do well to remember that a big part of their USP is the lifestyle/culture. (And there was a price hike this year—so redundancies are a surprise to me.)

I am so glad I locked in a lifetime discount for being a member before the moved online. The price still rises but lower due to the discount .

WorthySloth · 05/06/2026 08:21

I’m actually experimenting at the moment to see if I can come to a paper based system using bank pots and a spending app for day to day tracking. I have YNAB subscription until February so I can use the two together and see whether it’s worth renewing.

YnabNewbie · 01/07/2026 20:37

So we’ve been doing YNAB now since Jan. we certainly haven’t been perfect at it but the change in our finances is absolutely amazing, we’re handling money so much better than we were 6 months ago!

Payday is 20th so I was budgeting 20th-19th which meant there were always yellow lines where things weren’t fully funded etc…I just didn’t really feel like we had a proper handle on a true month. We have now managed to cover the end of June meaning we’re able to budget a calendar month which feels so much better!!

Edited to add:
I hadn’t seen Hannah had been let go, I love her videos!!!

JHound · 01/07/2026 22:44

YnabNewbie · 01/07/2026 20:37

So we’ve been doing YNAB now since Jan. we certainly haven’t been perfect at it but the change in our finances is absolutely amazing, we’re handling money so much better than we were 6 months ago!

Payday is 20th so I was budgeting 20th-19th which meant there were always yellow lines where things weren’t fully funded etc…I just didn’t really feel like we had a proper handle on a true month. We have now managed to cover the end of June meaning we’re able to budget a calendar month which feels so much better!!

Edited to add:
I hadn’t seen Hannah had been let go, I love her videos!!!

Edited

I actually really want to budget in calendar months for the same reason. I technically
can pull from savings to make that happen as I find the yellows annoying too.

YnabNewbie · 01/07/2026 23:57

JHound · 01/07/2026 22:44

I actually really want to budget in calendar months for the same reason. I technically
can pull from savings to make that happen as I find the yellows annoying too.

This is my first month doing it so it’s been all of one day but I am finding it much easier to skim down. I also previously had to arrange categories in sections depending on which half of the month they fell in, so I spent some lovely time earlier rearranging everything to make it clearer!

EastCoastDweller · 02/07/2026 16:00

@WorthySloth I'm hoping the rumours of a YNAB demise are wrong. But I'm keenly interested in any paper based system you come up with. Would love to piggy-back on your work.

My bank has introduced a feature called 'pots' which seems to work a bit like a YNAB system only with real money. I haven't looked into it in detail but will do at some point. Monzo has had this as a feature for some time. I really should look into Monzo again as I would like to change banks but it all seems like too much effort. Perhaps I should do it by stealth. Moving savings first etc. I am worrying that I will just end up with a proliferation of accounts and then I will forget where all the money is. This happened with an aged relative. I had to 'assist him with the conduct of his affairs' a phrase used by his solicitor. I think the aged relative had lost one of his current accounts and a savings account which between them held the bulk of his cash and thought he had become very poor. Which theory accounted for a lot of odd behaviour.

@YnabNewbie congratulations. It is really amazing how quickly it works once you get going isn't it?

I am very pleased, in fact things are going so well I am worried I have made mistakes with YNAB. But the money seems to be there in the bank accounts! Definitely I am in a far better position with both my personal and household accounts than I was this time last year, or even six months ago.

I have done a fresh start this month with the personal account. I still feel I haven't got the hang of dealing with the savings and have completely forgotten how I set it up. Also, May/June has been very confusing as I have a small lump sum annual pension payment in June. I could have coped with that but the State Pension (UK) is paid four weekly in arrears (I think), this means that there are 13 payments in a calendar year, with two payments appearing in one month. However you would have to be a lot cleverer than me to work out when this is going to happen as it seems to vary a lot year on year. Also the dates of the month when payments are made are not consistent and seem to reset themselves occasionally and especially after the catch up extra payment arrives. I think that the 13th payment has arrived in May this year but every time I count it it turns out differently. It is also confusing because payment dates are affected by bank holidays. This is not my strong point. I think I will have to wait till August to find out if the extra payment has arrived or is still in the pipeline. At the moment I think it is best to budget on the basis it hasn't arrived. Or possibly the other way round.

Either way I seem to have more money than I thought I had and am feeling very happy with the way things are going.

I'm not going to assign everything at once in the fresh start budget. Shock, horror I know but I'm going to assign the income and expenditure as the month goes on. Then I will have a better idea of where I am at the end.

WorthySloth · 03/07/2026 10:39

@EastCoastDweller I’m using a basic spending app to log my spending so that I can see where my money goes then logging the categories against my paper budget. Probably not explaining it very well I’m on holiday so all behind with everything 🤣🤣

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