YNAB support thread (2)

[HouseofHolbein]

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

I just have a category for holidays and then figure this out later - but what people sometimes do is have a master category for holidays where they collect the money, and then under this, several sub-categories - holiday accommodation/food/travel/entertainment.

You can use a hashtag in the memo field e.g. #Spain2021 so you can easily find it again. Under accounts > all, there is a search function so what I tend to do is get it to show me all "holiday" category transactions in a certain date period, and then I can look at all the spending on one trip in one place. It should allow you to sort with the coloured flags there, too. What I normally do is use the tick box to select the things I want to look at together and then it shows you the total in the top right.

This is all on desktop - not sure if it's as easy to do on mobile.

@BertieBotts thank you! I've just spent a few minutes hashtagging my spends from my last weekend away! Also renamed the flags so I can budget for next time 😁

Also reconciled my accounts in the app. All good until Monday 😁

It's the first of the month rollover day! Just spent a bit of time putting my monthly bills onto YNAB bought my lottery tickets 🤞🤞🤞 and altered a few of my targets.

I emptied a few of my pots to help the boychild change his car last week. He couldn't get a loan because he's never had any credit 🤦‍♀️ but he's always been excellent at repaying me so I was happy to help him out. I suggested a repayment scheme he's decided to pay me double what I suggested to pay it off quicker. However I've told him to tell me if he is struggling also to save a little every week towards car repairs and maintenance and also to start building his credit because there is no way I'll be able to help him out next time. Plus him and his girlfriend want to move in together so he needs to pass credit checks for that.

Sorry for the rambling 🤣🤣 but YNAB meant that I knew I had pots I could raid to lend him the cash (other daughters car deposit and driving lesson money).

Here's to July and keeping to our targets!

All organised for July here too. 😁 My DCs also use YNAB Together to manage their pocket money. 13yo was happy to reconcile their account last night and diligently assigns the pocket money to categories each week. 15yo doesn’t like it and leaves everything to the last day of the month. I’m trying my best to ensure they start off young adulthood differently to me…I got myself into credit cards at uni, aged 18, and I didn’t break the habit until 23. It took me several years to pay them off. 😕

Might look into YNAB together for the boychild... thank you!

It’s free w/ your subscription

Does anyone know what the subscription increase will work our as in GBP?

Not sure but we've just done ours at the $99 rate and it worked out at £78.50.

Today’s conversion is £86.11. It will obviously fluctuate. Will be interesting to see what happens to the exchange rate on 5 July, then again on 6 November. I expect quite a bit of currency volatility this year, so I will save a bit extra for a buffer.

Do they have an app for YNAB together?
Dd is using Revolut and before her holidays I introduced a pocket for Holidays to get her into YNAB way of thinking.

My cousin signed up for free trial a week ago, after me suggesting it years ago to her

I managed to monumentally mess up my allocating this month and it took me ages to work it out. Got there in the end although I need a better process for next payday!

I looked some flights on my 0% credit card for next year and with a bit of jiggery pokery, I've allocated the money ready to pay off on 21 August. Feels so good.

Coming up to my 2nd anniversary and still feel like I have lots to learn. But I love feeling in control. Even if sometimes it does go a bit tits up..

It’s the regular YNAB app—you can piggy back 4 or 5 people on your account. It’s the same setup, and their budget appears in your list of budgets within your account. There’s a video about YNAB Together on the YNAB YouTube channel.

Got my final wage from my previous job today 😊 last of my 4 weekly wages 😭😭

I'd used some money put aside for my daughter to help my son pay for his new car so I've paid that back today. I've assigned money for the rest of my standing orders for September. I'll have some keep coming in from 3 of the kids plus child benefit which should cover stuff like shopping and socialising then I'll be paid again at the end of the month which should cover the last bits and start on October.

YNAB helped me feel way more confident about changing jobs to leave a shitty one 😊 plus I've taken a tiny pay cut but it's worth it.

Hope everyone else is doing okay!

Wow you're doing so well.

That sounds like a great cushion you've got there @HouseofHolbein. We're a tiny bit funded into August but not much. I'm a bit reluctant to find too far ahead as that money then sits in our current account with no interest when I could send it to "holidays" or "car fund" where it gets nearly 5%!

I'm having my first month with a lot of WAM-ing. We go on holiday in a week or so and there's been the usual flurry of additional "emergency" clothes and toiletries. Also need to buy sunscreen. I'm trying to take that out of our monthly spends rather than our holiday fund.

@QueenMabby mine all sits in my chase 5% account and I have it set up to transfer what's needed to my current account at the end of each month. I trust the categories in YNAB and keep my cash all together 😊

My budget is all messed up because a payment for accommodation for a shared family holiday has come out and I also paid for a ferry for it.
I will be reimbursed this weekend & will finally be able to trust my categories again.
I changed it to a credit card payment temporarily so that I could budget my income weekly.

How's it going everyone? I'm settling into my new job 😊 and my jiggery pokery with savings categories have paid off. I will have September fully funded by the last day of the month and be able to start on October. I will get properly paid in August so will start topping up the pots I raided then 🤣🤣

It's been a huge relief knowing I could afford if I left my toxic job 😊

Hope it's positive for everyone else! Just trying to reconcile my accounts... I'm £3 different and it's bugging me 🤣🤣

Ooooh the app has changed slightly! Instead of a report button it's now called reflection and breaks down how much I have spent this month! Must take a look on the website too see if anything has changed on there 😊

I noticed that when budgeting my third last weekly pay this morning but didn't have time to check it out!
Dying to chat to my cousin in a couple of weeks about how she's finding it too

Overbudgeted on Thurs by the amount due to be in my account on Friday and then on Friday went in to budget that money and couldn't understand why there was nothing in ready to assign

I'm changing to monthly pay and going to revise my categories then too.

For animal food that goes in my cleaning products/animals category but I also have a category for cats and one for dog. All animal expenses are going into one category

I've been putting sanitary protection under cleaning, I might make my health & beauty category personal expenses or something like that & dd has a category for hair care I might change that to something else and put hers in there

All insurances have separate categories not sure what to do with that and I've separate categories for lots of different subscriptions I might have my subscriptions and children's subscriptions or household subscriptions going forward

What do you guys have?

I have soooo many categories! Fewer for day to day spending: Groceries, Leisure, Travel, Health, Household, Cash, Misc. Where I put things can be a bit fluid. San Pro is normally just groceries, but if I buy it in Boots at the same time as getting cough medicine or anti-histamines then I put it as Health and don't split the category. If I buy anti-histamines at the supermarket with the weekly shop then they are Groceries. I'm not clinical about it.

All insurances are separate (one house and 3x car) but car MOTs are all in one category as are Services.

I have just condensed all our separate mobile phone categories into one though as we're all with the same provider and I kept forgetting which ones had already come out and then one category would be overspent and the rest underspent!

We're currently on holiday so all our spending is just coming out of our general "holiday" fund and I'm being very good at keeping on top of flagging them different colours for each category.

I'm a bit clinical every transaction gets split!

I also have a lot of categories - just counted and it's over 50, in 9 category groups! I do wish they would add one more layer so you could subdivide categories.