I have a category named "I can only remember so much"

@mariebuzz33

3 жыл бұрын

respect!

@Shello58

3 жыл бұрын

🤣🥰🤩🧘‍♀️

@janetownley

2 жыл бұрын

Sure, but why? You don’t need to remember anything, and that’s not “a job for those dollars”…

@amandacollins518

2 жыл бұрын

Patty it's my buffer for I know I can't remember ever little thing. It's my category for me to say oh yeah the kids need a year book. Lol

@RandomFandomDragon

2 жыл бұрын

I have one named "cushion", because i like the peace of mind it gives. As I get better with my budgeting, I'll decrease the cushion amount.

Hannah's a good trainer. She's competent but just goofy enough to keep things interesting. The editing is also nice. This keeps me engaged so that I rarely fast forward and I generally finish the whole video once I start. Well done guys!

@mrxinu

3 ай бұрын

This is an astute description. 🔥

@ClimateChangeKids

2 ай бұрын

This is my take too.

I love how YNAB is not one size fits all. It really enforces the idea that you need to find what works for you.

@amycanham7011

3 жыл бұрын

Agreed! It’s been what has moved me to YNAB and dropped some other, more restrictive budgeting methods.

@absolutelilly

3 жыл бұрын

Yesss, ironically it FORCES you to have FREEDOM

Now I need some peanut m&m's. First I need to create a category to put them in...maybe call it "It's Hannah's Fault" 😂

@YNABofficial

3 жыл бұрын

🙃 -Hannah 🌻

@JacyOnTheFly

3 жыл бұрын

I know, right? And I'm allergic, but they look so good!

@DavidNeedham

3 жыл бұрын

This 💯

@Shello58

2 жыл бұрын

I think we ALL should have that category! Between Julip, her Roomba, The Wish Farm(s)...she's giving us ideas for categories we didn't know we needed #It'sHannah'sFault #BlameHannah!

@DavidNeedham

2 жыл бұрын

I literally went out to Costco and bought the BIG container of peanut M&Ms after this. #BlameHannah

We need to see more Julep

I use a traffic light system against each category - red dot means I can't take from that budget, orange/amber - maybe - green is Flexi

@misssxrose

3 жыл бұрын

This is what I use the little colors/emojis help lol

@KevinKipp3

3 жыл бұрын

I do the same, except on category groups, and order them from most flexible to least flexible: ♻️ Fun Money ♻️ Living Expenses (groceries, transportation, hygiene, wellness, etc.) ⚠️ Unexpected Expenses (stuff I forgot to budget for) ⚠️ Savings Goals ⚠️ Non-monthly expenses ⚠️ Emergency ⛔️ Debt ⛔️ Immediate Obligations (rent, bills, etc.) ⛔️ Taxes 📈 Financial Independence (pay yourself first 😁)

@tamalita

3 жыл бұрын

Great idea! I never thought of that!!

@amywalterbeisel7044

3 жыл бұрын

Me too! Super helpful to see at a glance which categories I can touch or not.

Love how slow and steady Hannah is with her speech cadence. Time for this small brain of mine to keep up, track what she is saying, and mull over how it fits me. 😊

@YNABofficial

Жыл бұрын

😂 GLAD to hear that!! So much to say, such little time! 🌻 Hannah

We need an updated Hannah budget method 🎉

Fixed vs flexi is how I'm going to do mine. And I just want to thank you for the time stamps. I watched the whole thing and now that I'm ready to reset up my budget, it's so nice to be able to just go where I need to go. Also, bless this woman. She's so good at this. But I hope that isn't your real budget, cause if so YNAB owes you a huge raise.

@YNABofficial

3 жыл бұрын

Oh, you're so welcome for the timestamps!! I find em so handy too!! And no worries, I always use a dummy budget for demonstrations :) Otherwise people would question whether Julep is the head of the house or me. 🙃 -Hannah 🌻

@taniab2018

3 жыл бұрын

@@YNABofficial Hannah everybody knows Julep is in charge! LOL.

Come for the budgeting advice, stay for the outtakes. XD I actually have my Categories organized into Needs, Wants, and Savings Based on Warren's book All Your Worth. It helped me really figure out where my money should and could go in my earliest days of budgeting, and it's been a great fit ever since!

@heyjamief

3 жыл бұрын

Same! It works well for me too. After watching this, I realized it's more or less an adaptation of the Fixed and Flexi approach. Like Hannah mentioned in the video, I like being able to collapse the NEEDS category groups to resist moving from those categories when I need to move money around. I have one more breakdown I do: - NEEDS: Monthly - NEEDS: True Expenses - WANTS: Monthly - WANTS: True Expenses Having one more level that introduces frequency keeps my brain organized.

@christiS907

Жыл бұрын

What book was that ?

Was just binging your guys content, never thought id be this early! Edit: working on getting a month ahead on bills I've got only $200 more to go! Have a 10k emergency fund and 6k towards a down-payment on a house so far just trying to keep the momentum going by watching as much finance content as I can!

@moneybee

3 жыл бұрын

Woo hoo Emma! Keep that momentum up, you'll feel so great when you cross that full month ahead milestone! Sounds like you're making great progress! :)

@chrism8180

3 жыл бұрын

Wait till one trip to the emergency room or a totalled vehicle wipes out in an instant what took years to accumulate

@amycade4606

3 жыл бұрын

@@chrism8180 Welcome to Earth Chris, where unexpected things are an absolute certainty. We are all thankful for YNAB helping us prepare for such things.

@ranezazephora

3 жыл бұрын

Me, too! Watching tons of budget videos gave me more inspiration and some anxiety too. ^_^ But it gives me more clarity on how I want to set up mine that works best for me. This YNAB video resonated with me so much. Good luck on your financial goals!

@candy2325

2 жыл бұрын

@@chrism8180 at least she won’t be in debt for it

I think my budget organization is a combination of all three? Essentially, top to bottom is by frequency/importance, but I have a couple of weird catch-all groups in the middle that are by topics that work for me. I also have it labeled which line items cannot be borrowed from, and each category has a mix of those. I'm planning to stick with this set up for the next year at least, and who knows what style will catch my fancy then. Fixed expenses (rent, utilities, car, etc) Variable expenses (groceries, personal, household items, misc) Monthly subscriptions Annual subscriptions Just for fun (dining out, books, clothes, donations) Wish farm (which also works as a goal timeline) Big stuff (tuition, new computer, and where I put savings for my nephew) Emergency funds (income replacement, and where I list accounts I don't touch) Sinking funds (I actually dip in and out of here plenty, but I like the money at the bottom so I'm not thinking about it much)

I'd love to see sub-groups! (Group > Sub-Group > Category)

I do mine from most important/urgent to least important/urgent. That way, I can distribute money from top down and I know I don't have anything important buried at the bottom of a list. My top category is Needs (mortgage, groceries, utilities, etc), next is Upcoming Expenses (predictable long-term expenses like car registration, clothing, gifts, etc), then Savings (emergency fund and sinking funds for less-predictable expenses like home maintenance, vet bills, etc), then Goals (vacation, expensive event tickets, new puppy fund). After that I put my TV/music subscriptions in their own category because I wanted to be able to see how much I was spending per month. And last but not least, I have a category for Wants. It has dining out, "Treat Yo'self" aka fun money, and then any smaller wish list items I'm trying to fund individually, like a video game.

Also, you can pin individual categories to the top of your budget (and they still show up in their category group). And, you can drag to re-order category groups if you want to - very flexible and about your own unique personal style.

@MightandMagic88

3 жыл бұрын

how do you do that?

@toddw8396

3 жыл бұрын

@@MightandMagic88 on the phone app, select a category…select details (the small “i”)…then you will see a small gray “push pin” push 📌 at the top right…click it once and it’s pinned to the top.

I have no idea why it never dawned on my to lay out my budget based on paychecks. I'm trying to get out of the paycheck to paycheck cycle and this is such a game changer. And the kitties are absolutely getting their own category now. Thank you for such a great video.

@YNABofficial

Жыл бұрын

Oh, there are SO many ways to organize the budget!! Glad we gave you a new idea to try! Let us know how it goes for you!! 🌻 Hannah

@CarolinaMom000

Жыл бұрын

Same!!

Okay, I have a wild idea here that might be a whole mess, but what if you could tag budget categories in more than one category group, then filter by "category group styles" that you predefine and save as a sort of "budget layout"? That way you could use each of the methods above, and just filter by "category group styles" you've created that correspond for topical method, fixed v. flexi method, pay check 1 & 2 method, etc. For me having these multiple "views" available would help me get a much more robust understanding of my budget!

@YNABofficial

3 жыл бұрын

Hey Warren! You can actually share your idea with YNAB developers! Drop your brainstorms here :) youneedabudget.typeform.com/to/Pt6cek -Hannah 🌻

@elizabethman7313

2 жыл бұрын

Genius! I hope they can make that happen

Finding a good backbone approach and tailoring it to suit your specific situation is so important, so it's so important reading up on the different options out there! Great video! :)

Getting in comment 2 on a HIFH is GOALS!! Julep looks like a super sweet pup, also.

HANNAH!!! I’ve been struggling with spending my entire monthly grocery budget in the first 2 weeks of the month and wasn’t sure how to deal with that. I wanted to do weekly but couldn’t figure out how to do so in YNAB. Thank you!!!!!!!! 💗 💗 💗

@YNABofficial

3 жыл бұрын

WOO HOO! Hope this helps. But man, getting groceries under control is probably the eternal struggle for most of us. It's especially hard if you're single or kidless because it's hard to know how much to buy without wasting a ton of food! I feel ya, gurl. -Hannah 🌻

The part which kept me glued to the video was watching her selecting an emoji for different categories 😄

Didn't expect this to be as informative as it was, so thanks for that! Might have to go re-evaluate my category groups.

So helpful!! i have struggled to figure out what makes the most sense to me in terms of organizing the budget, and this gave me several solid new ideas! Thanks!

What an awesome idea to make a category for each week - for groceries! I love it!

@jenniferlarregui3315

3 жыл бұрын

I had tried this last year for about a month. It didn't work for me because I would do my grocery shopping the weekend after payday and have no money in the budget for the following week. So I budget my groceries bi-weekly.😁

Hm, I guess my budget is an interesting combo of some of these. It is organized in priority order in terms of flexibility, but I also utilize the order of when bills are due. At the top is debts, student loans and mortgage. Then emergency funds (family, pet, car, medical). Monthly necessities are next, gas, groceries, cat food/litter. Then bills/subscriptions, first monthly, then annual or semi regular. Then we have true expenses, more of a misc catch all (haircuts, home decor, but also work activities and small medical expenses). Then the fun starts. Home maintenance is it’s own category group, with line items for every appliance or replaceable thing you can think of. Then Savings goals, for our future kids and next down payment, and currently our backyard landscape fund. Then gifts, with specific line items for specific birthdays or other events. Then a holiday fund, with extra money for thinks like Fourth of July food, Halloween candy, a date on Valentine’s Day, and a Christmas tree. Then towards the bottom we have all our trips and vacations, then a group for our allowances, then finally a group for our fun expenses. The closer it is to the top of the budget, the less flexible it is. Generally.

Love YNAB. But one thing it’s missing is bi-weekly targets for bi-weekly bills. Yes, there are work arounds but I feel like this would be a nice addition. I have a bi-weekly category group.

@YNABofficial

Жыл бұрын

Hey Darcy! Bi-weekly targets is a feature we've been working on a long time! Shockingly it's more complicated than you might think. But rest assured, we're working on it! 🌻 Hannah

These are all great ideas / budget templates!

Thank you so much for YNAB & your fun engaging video on budgeting. I needed to get back on a purposeful budget & reconcile frequently & be back in control. I am switching to YNAB as it makes the most sense and I know will help me get back on track as I put in the effort. Thank you & Happy Thanksgiving!

@YNABofficial

Жыл бұрын

YAY! I love this!! Thank you so much for your kind words, and we have literally ALL been where you are right now. In fact, this time of year is where my budgeting has tended to get a little sloppy in the past-so many one-off expenses that come with the holidays, but this year I'm sticking to my YNAB guns! 🌻 Hannah

Love how you can rename category groups, and this was really helpful.

@YNABofficial

2 жыл бұрын

YAY, oh I'm so glad! My husband and I definitely make our budget our own. Emojis evvvvverywhere. 😂 🌻Hannah

JULEP!! Your snout is so cute! More Julep, please! Also, I use the frequency method, but only for my true expenses. I think I have 4 or 5 true expenses category groups. Most of life is true expenses, I think…

@YNABofficial

3 жыл бұрын

Cutest snout in the world 🐶 More Julep, comin' right up! -Hannah 🌻

I only watched this video because I was doing something else while watching one from the most recent email. I'm not sure how I missed this one before, but it was extremely helpful! I still have everything set up with the defaults, and that never really made sense to me. In fact, I didn't stay very consistent when I set it up, and I've never fixed it. Now I really want to make it work in a way that makes sense to me. Somehow, it just didn't occur to me that I could personalize it so thoroughly. Thank you!

@YNABofficial

2 жыл бұрын

Oh friend, absolutely make your budget layout your own! Mine has shifted SO much over the years. I personally use the Fixed vs Flexi method, but also a little bit of the topical method. My new budget that I just started with the husband has 10 category groups: Bills (Fixed), Flexi, Just for Fun, Groceries, Julep (dog), True Expenses, Subscriptions, Wish Farm, Credit Card Payments, and Debt Payments! We made it work for us :) -Hannah 🌻

It was so good to finally see Julep! This video was very helpful. I’m going to have to think through my current YNAB organization and see if the other structures might work better.

@YNABofficial

Жыл бұрын

So I'm hearing we need more Julep?? Okay, note taken :) 🌻 Hannah

I love this! I’ve been using the topic method for a while now and I feel it isn’t serving me in the best way might switch it up and try the fixed balance flexi method!

@YNABofficial

3 жыл бұрын

Fixed vs Flexi is my method!! Would HIGHLY recommend! It's nice to get all of your fixed expenses taken care of and then get it out of the way. I don't tend to look at trends or reports as much, so I don't mind having "topics" split up among fixed and flexi. Give it a shot, and the beauty is: if you don't end up liking it, you can always go back! -Hannah 🌻

I want one of those YNAB stickers!

Thanks! YNAB is the epitome of a thing done well.

Hannah is so awesome…I feel like we could be friends! Thanks for another helpful vid!!

Love the frozen group idea!

Now we finally know what Julep looks like!!

Now I feel like I need to redo my entire budget! In a good way!

Two of my Category Groups: DOT and Burst Damage. Damage Over Time group has categories like : mortgage, HOA fee, groceries, lawn maintenance, subscriptions. Burst Damage are: home maintenance/repairs, furniture, medical, car maintenance. The Burst Damage group is stuff that I know I'll eventually need to spend but it's unpredictable and comes in bursts. I still prefer the old skool YNAB approach of budgeting one month ahead. I.e. I only spend money that has already been budgeted from the previous month (or still leftover in that category from previous months). Before YNAB, my budgeting was just two categories: Xbox and miscellaneous. Game related went into Xbox and everything else was miscellaneous.

@kiiabby

2 жыл бұрын

The warlock in me greatly approves of these category names

I love how you can customize YNAB to meet your needs. I was a hard time finding an app that allowed me to categorize based on paycheck. I do the paycheck budget method and YNAB was the only one that I found that had great features where I can create a category for each paycheck. So all my first paycheck bills are under the first paycheck category and has its own home. Once those are paid I don’t have to look at them until next month. Also I pay my bills using a separate specified checking act and also my credit card so with YNAB I can make separate categories for that as well.

@YNABofficial

Жыл бұрын

Oh, I LOVE that!! YNAB truly meets any pay cycle, financial situation, or approach to organization right where you're at. Way to find a unique system that works for YOU instead of following someone else's system! Sounds like you have a really solid financial routine worked out. We love that! 🌻 Hannah

Honestly, operationally, I budget the paycheck-wise (but I do that on a post-it note)....but my category template is almost the default YNAB template - but I did split-out food as a separate category and pet expenses separately.

At first, I thought you wrote “sparkle” for the special category, so that’s what mine will be called now. 🤣❤️

@YNABofficial

2 жыл бұрын

Ha! I missed this! That's amazing!! 😂🤣 Special things do add a little ✨sparkle✨to life. It works! -Hannah 🌻

Excellent vid, Hannah! Thanks!!!

After watching this video and seeing these three cool ways to organise your budget I think maybe it would be nice that YNAB had a views feature so I could see my categories organized in different ways so to be able to get different perspectives and insights on my money.

@YNABofficial

Жыл бұрын

Oooooh! Now there's an idea! Feel free to submit that to our customer feature request form: youneedabudget.typeform.com/to/Pt6cek?typeform-source=docs.youneedabudget.com 🌻 Hannah

Lol! I made it through to the budget by paycheck before I hit the ah ha moment! Thank you so much! 💓

Um, I'm still using the default category groups from when I started YNAB, lol. I both want to play now, and am also like "it ain't broke...".

@YNABofficial

3 жыл бұрын

Well, the beauty is that you can change it whenever you want! When I try new things in my budget, I screenshot my current budget before I make any changes so that if I don't like it, I know exactly how to get back. I also LOVE tinkering with my budget, so I don't mind spending a bunch of time beautifying and reorganizing it 😊 -Hannah 🌻

Those M&M’s look so good

I just wanna say how excited I was to finally see Julep!

The way you divided up your grocery category really clicked for me. Thank you!!

@YNABofficial

2 жыл бұрын

Oh, yay! I still do it that same way! We love it. Helps us really visualize how much we have. -Hannah 🌻

@Mxy-ff4zk

Ай бұрын

@@YNABofficial I wish there was a way to do this but at the same day each week and without a 10-day week at the end of the month...

and 4th one I'm playing with now... by priority... because it's easier for me to take decision on what is really important when I make my review, instead of in the moment...and the temptation to borrow from another category has been strong. so seeing my priorities really helps stick to the plan.

@YNABofficial

Жыл бұрын

Nice! Makes it easier to know where you can borrow money from and where it should stay put. I like it! 🌻 Hannah

How did y'all know I needed a video to brighten my day today?! TGIF

I got super excited at 8:20

@YNABofficial

3 жыл бұрын

Me too, Adam. Me too 🐶 -Hannah 🌻

Long time computer nerd here. I have never paid for virus software and been hit by a virus. Windows 10 has a strong virus protection software built in :) I found having a password management software is a better security measure to take! My new kitten has her own category now. I feel this now.

Great video content and so funny. Keep them going.

Such helpful ideas - thanks.

I would like to understand how to resolve the following situations: If encountering "You assigned more than you have", what would you recommend for the following two approaches? (1) Adjust the assigned items for each month to ensure the Ready to assign value is not less than 0 (allowing some items to be overspent) (2) Keep the "You assigned more than you have" value as it is, even if it is negative, without any adjustments, with the goal of finding ways to earn money to cover the over budget amount.

Stuff I forgot to Budget For was a big one for me in my first year. I also used to need ‘Things That I don’t Know What They Are’. I’m past that now!!

Hannah is the best. YNAB rules.

Hanna is amazing teacher. Thank you 🙏

@YNABofficial

4 ай бұрын

Aww, so kind!! Thank you so much! Now I'm craving peanut M&Ms. 🌻 Hannah

Hello! I am a freelancer and I earn money on varied dates so it's hard for me (and my brain cells) to process everything. I figured out to budget every money coming in on a certain date and budget that money (alone) to some categories that I need to save for. It doesn't cover everything but it's clear how much money is coming in and have been budgeted. I'm still working on getting used to it but it works best for my situation.

@redkarryn

3 жыл бұрын

I'm in the exact same position. I've gotten good at the initial stages after 3 months, but need help to level up. Time to go schedule a 1:1 with YNAB!

Great video! I love your personality. I'm about to download YNAB.

@kellymhanson

3 жыл бұрын

Good luck on your budgeting journey!

@YNABofficial

3 жыл бұрын

Woo hoo! Come back here with any questions, and I'd be happy to answer them! Let me know if there's any topics I haven't covered that you would like to learn more about!! Congrats on giving YNAB a shot! We're rootin' for ya :) -Hannah 🌻

So smart to budget for your pets!

I really respect the fact you budgeted / listed tithing - good for you!

I love you, Hannah! :)

Hannah is wonderful!

I found out this month I need to add a category I hadn’t thought of or seen before. I am on the budget plan for my electric bill. This month was settle up month and I had forgotten about it. Imagine my surprise when I found out I owed 323 dollars extra this month. Going to put a category for yearly electric settle up in my bills. Then each month I will check my bill for any overrun and add that amount to settle up category.

@YNABofficial

3 жыл бұрын

Yes!! Wow! You could even make a "electric overflow" category and make the budgeting goal the amount you needed this year - $323. You know it'll probably be somewhere around there next year - maybe a little less, maybe a little more. A little more mindless (but secure) of a process, and crosses that one extra "to-do" off your list! -Hannah 🌻

@davidhart4789

3 жыл бұрын

@@YNABofficial great idea Hannah. Think I’ll make it for $400 and if it is less than that next year I’ll have some extra to put in my savings category.

New to the app (like 20 hrs) and nerding out. I'm going Fix/Flex method BUT, I am also interested in that category data. Is there a way to tag/label categories for reporting purposes? You can do that in mint (kind of... it's complicated... like everything else in mint)

7:43 lmao the timing of this is crazy cause of “I put $50 a week because I’m just one person” like damn… remember those times 😭

@YNABofficial

4 ай бұрын

Lol. Sweeter times, back then. 🥲 🌻 Hannah

After listening to this video, I feel I'm a bit extra (and not in a good way. Lol) I use a method that combines all 4 major styles listed here. Where I guess tracks: I'm also the person that has their closet organized by color, length of sleeve, thickness of material, how much secondary color or screen print is on it, and still a couple more subcategories.

@YNABofficial

2 жыл бұрын

😂 Oh my worrrrrrd!! That's amazing! Hey, whatever keeps you organized and feeling in control! 😂 🌻Hannah

Starting to sound like I need a separate category for each of my streaming services because there is no "one day" that my Netflix, Disney+, and Apple Music come out. I was trying to streamline by making them all in one category but .. hmm. The "put bills in chronological order" makes a lot of sense to me though, so it seems worth it.

@YNABofficial

3 жыл бұрын

I actually get a lot of satisfaction out of having a separate category for each bill and subscription! It just feels like more green checkmarks saying "Hey, you did it!" So who knows, you might get a little rush from it like me 🤪 -Hannah 🌻

Love this breakdown! Right now I'm focused on my debt which should be completed in January. When that happens I plan to switch to the category-based budget. From a reporting perspective, would it be better to start over and create a new budget, or will the reports still be accurate if I rearrange my categories?

@YNABofficial

Жыл бұрын

Hmmm... that's a good question. I guess it depends on what kind of data you're looking for and what you'll actually be changing about your budget. If the categories themselves are all staying the same but you're just rearranging them into difference category groups, I would think you could probably keep the same budget? Because you can go into each individual category to get it's reporting/trending data-the only thing that will be thrown off is your *category groups* reports. But, if your categories themselves will be changing into whole new categories, and if you heavily rely on reporting, I might do a fresh start to preserve your old data but then start a new clean report with your newly organized data. That way you still get to keep the "old" but have total confidence that the "new" will be reporting and organized the way you want. Does that make any sense?! I second guessed myself like 4 times when I was writing up this response. 😂 🌻 Hannah

Great video! Actually I love the very last one...dividing expenses between the two paychecks. I'm gonna give that one a try. Seems logical. :)

@YNABofficial

Жыл бұрын

Nice! Lemme know how it goes! I've never used that method before! 🌻 Hannah

I’ll come back to this… once I have my scheduled night meds.

I wish YNAB used tags rather than categories. I want the benefits of each of these approaches, not just one, and not parts of some and parts of the other. Yes, I want to see how much I'm spending topically. Total amount spent on car, for example. But if I categorize that together, I lose the ability to see fixed vs. Flexi, and separately, necessary vs. Unnecessary. I could use those as category divisions instead, but then the topics are way split up, especially if I want to keep the budget in importance order.... being able to tag, solves these problems and more. Auto insurance: car, fixed, necessary Car wash subscription: car, fixed, unecessary Gas: car, flexible, necessary Automobile accessories: car, flexible, unnecessary. Another helpful tag would be commitments. If I'm committed 6 months to a gym membership or some app, I have to pay that each month, even though it's a discretionary expense. Anyway, just saying, I've felt the constraints of trying to use only categories and groups. Consider making it tags!

@gaullaura

3 жыл бұрын

I agree - I wish I could use all of these methods. But instead of tags I think it would be cool if we could save category group layouts and easily switch between them. So for example all the categories are the same you just have a layout that shows them by time and another layout that shows by topic.

@MiguelDuarte42

3 жыл бұрын

I think you can do this by using hashtags on the Memo field. Hannah even mentioned this in a video recently

@MissSamW

3 жыл бұрын

Yep I would love a due date column and amount column on the face of the budgwt

@parodoxis

3 жыл бұрын

@@gaullaura that's the same thing haha. If it remembers multiple "categories" for a single transaction, which it needs to to show these different "layouts", then the transactions have tags! You can still call them categories if you want, but the difference is that "tag" means you have multiple rather than a single required one per transaction. So your "layouts" could simply sort by a different set of tags.

@parodoxis

3 жыл бұрын

@@MiguelDuarte42 perhaps that could be a useful gimmick for certain ways you might want to filter your data, but you wouldn't be *budgeting* around it the way you currently budget into categories.

greatly informative ~ thanks!

Thanks. I think I'm going to sructure mine based on the account the category's funds are in. That way my account balances will match up with the group category total.

@YNABofficial

2 жыл бұрын

Ohhhh. That's pretty dope. Quick way to reconcile, there. Smart! -Hannah🌻

More Julep please!

Hannah, how do you handle groceries for the months that basically have 5 weeks? I also grocery shop by the week

@YNABofficial

3 жыл бұрын

Great question! I add $50 to each of the first weeks, and $75 to the last week (because depending on the month it may have 10 days! I organize it like this: CATEGORY GROUP: 🍇 Groceries CATEGORIES: 🍓 (1st-7th) - $50 🥕 (8th-14th) - $50 🍌 (15th-21st) - $50 🥑 (22nd-31st) - $75 So whenever I need to enter a groceries transaction, I just type an opening parenthesis into the "Category" field and then select whichever week the purchase date falls in. BUT, you can also have ONE groceries category (like most people do) and assign it a $50-a-week weekly spending goal, so it will prompt you to put more money in in the months with 5 "weeks." I hope that helps! -Hannah 🌻

Did I see a sneak peak at some possible YNAB SWAG!!!

How do you minimize the categories in the app? I've looked for it and can't find how. Would be super handy!

@YNABofficial

3 жыл бұрын

That would be handy! Unfortunately right now you can't collapse categories groups in the mobile app, but that is feedback I'll make sure gets back to the team! -Hannah 🌻

Hi! I have a question. Sometimes I set up a Category that has a very specific, temporary purpose - like "Moving Expenses". I recently tried to delete a category like this but it told me that all those expenses would need to be reassigned to a different category. So it seems like my options are, assign thing to larger, more general categories that I won't need to delete, or end up with dozens of defunct, old categories cluttering up my budget. How do you guys recommend dealing with this?

@kimboosan

3 жыл бұрын

You can "hide" categories that you don't need anymore so they don't show up. The advantage is that those expenses are still categorized correctly as "moving expenses" and also if you do end up moving again you can UNhide the category to use it again.

@theprofnolan1176

3 жыл бұрын

I have a "Rare/One-Time" Category Group that I typically keep hidden wherein I collect these dead categories. If you need to see them again, unhide them, do your business, then re-hide. Simple and clean.

@ivandiaz5791

3 жыл бұрын

You hit the nail on the head with the possible solutions. Try to keep categories general as a rule, so that you don't end up with lots of one-off categories. Try to think of things holistically. To take an example from the video, I would never put "passport renewal" as its own category, that's completely absurd. It falls under travel expenses. Moving is tricky, I haven't figured out a broader category it could fall into so it is its own category in my budget. Hiding it may help you declutter your budget.

@elizabethman7313

2 жыл бұрын

@@ivandiaz5791 housing?

How do I budget as a couple if I contribute with 40% and him with 60? Can I have visual cues for each expense like when you have on weekly expenses?

Are there templates for all these categories? Just like the default one?

@YNABofficial

3 жыл бұрын

Currently, no! With every new budget, you are set up with the default categories, but you can tweak and edits all categories as needed. Delete any categories or category groups, add more, change the titles-make it what you want it! -Hannah 🌻

LOVE the YNAB sticker on your laptop. How can I get one?

@YNABofficial

3 жыл бұрын

Bryan, these stickers were a gift from a co-workers wife! They're not for sale, but keep an eye on future swag sales! You never know what we might make next 😎 -Hannah 🌻

I use two checking accounts, so I have 3 categories. 1 for each checking account and cash I carry in my wallet. It's so I know how much should be in each account & on me when I balance my bank accounts at the beginning and end of the month.

Great info! And Hannah, you are adorable.

we need more cameo interruptions please

@YNABofficial

3 жыл бұрын

Agreed, agreed 🐶 -Hannah 🌻

I do Fixed Cost and Variabel Cost

hannah is so personable

Help! @youneedabudget I love the way you divided groceries each week, but now that I'm in a new month I'm confused on how to reset for the next week. Do I need to delete the old weeks and transfer the transactions to this month???? How do you set up the "monthly" "weekly" or "by date" category for each of your grocery weeks? I love your videos Hannah, they are so helpful and fun!

@YNABofficial

Жыл бұрын

Hey Grace! A few options here: You can create four separate categories (one for each week) and set a monthly spending target on each of them (for the first days of each week-the 1st, 8th, 15th, and 22nd) for the amount you wish to spend in one week. I fill up each category each month to meet that target, and any money left over in those categories at the end of the month will carry over into the next month. If you *don't* want that money to carry over into the next month, just click or tap the "Available" amount in that category and move that money to another category you'd rather have it like (like Miscellaneous or Fun Money). If there's anyoverspending (say, in Week 1) I cover that with money with the Week 2 category, and then try to stick to that smaller Week 2 category total the next week when I'm spending. The other way you can do it is create ONE category titled "Groceries" and set the spending target to "weekly" instead of "monthly". Tell the target type how much money you want in a WEEK for groceries, and it'll prompt you to put that money aside according to your target. If you overspend on groceries in week one, that overspending will come from week two. Make sure to check your budget before shopping to see how much money you have left to spend on groceries that week! Same rules apply at the end of the month-any extra money will carry into next month, and if you *don't* want that extra money in that future month, just click or tap the "Available" amount and move it to another category instead. No need to delete categories or targets from month to month! I hope this helps! If you're still a bit unsure or I didn't answer your question, always feel free to reach out to our support team! They love helping people understand the best ways to navigate their budgets!! 🌻 Hannah

Requesting more Julep content, please!

@YNABofficial

3 жыл бұрын

Same. Same. Workin' it in... -Hannah 🌻

Good dog, Julep!

Love her outfits. Nice burgundy t-shirt

Awe Julep is soo cute. Yes, I am assuming this even though I didn't see her entire body. It would be nice it YNAB gave me a percentage amount on the category headers. Keep me aware that some categories may be an outrageous percentage of my budget.

@YNABofficial

2 жыл бұрын

Oh, she is. You are absolute 100% correct on her cuteness. I like idea on percentage amounts! We love customer feedback and ideas!! If you want, you should pitch that idea using our feature request form! I'll link it here: youneedabudget.typeform.com/to/Pt6cek?typeform-source=docs.youneedabudget.com 🌻Hannah

Enjoy your videos! How do you start a new budget with no categories? I’ve not been successful at deleting in bulk, just one at a time… Ah! Can delete by category groups.

@YNABofficial

3 жыл бұрын

You can't start a budget with *no* categories; it will always populate the budget template. However, you *can* delete categories quickly by deleting an entire category group! When you delete a category group, all the categories within that group will also get deleted-it's a great way to get rid 8 or 10 categories at a time! -Hannah 🌻

In which of these layouts do you wind up sharing your peanut M&M's?

@YNABofficial

3 жыл бұрын

Well, they were gone by the end of the video so technically none. 🤷🏻‍♀️ -Hannah 🌻

I’m confused 🤔 just typing on app how does it save ? Do I need to open separate account for every category?

@kimspirrison2294

3 жыл бұрын

you might have figured it out - YNAB automatically saves. there are some great tutorials on site that walk you through step by step how to start an initial budget

@sheenamckinnon7246

3 жыл бұрын

No you don't need seperate accounts, the categories are virtual envelopes to visualise what you want to do with your money. Your actual money can be all in one account. So if you move money in your budget around, you are just changing your plan for the money - not actually moving it from one account to another. I keep two accounts - one for long term savings and expenses that come up only once or twice a year, and one for all the rest of the expenses which come weekly or monthly. Check out YNAB getting started for a really clear explanation.

As soon as she said "tithing" she went from an 8 to a 10 in my book

Hannah... I can't help it I think I'm falling for you