Reply to YNAB - how long does it take to set up?

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[quote=Anonymous]So on the first point, I also like setting annual goals like that. In your example I'd set up a $3,000/yr goal to start in January 2025 and, in the meantime, just budget $250/month in November and December.

Also, setting up your budget the first time is a bit different than budgeting recurring income. So if you have $10,000 saved up to budget today, for example, and make $2,000/month you have $10,000 to allocate now to different categories and then $2,000/month thereafter. You may want to put $1,500 to home maintenance to initially fund the category and then a smaller amount each month going forward.

Definitely watch a video (https://www.youtube.com/watch?v=hzVpmBv6s3s) about how credit cards work in YNAB because this...

[quote]I feel like I just want to delete those statement payment transactions bc they're already accounted for by pulling straight from my checking account into the categories.[/quote]

Doesn't make sense if I'm understanding you correctly. You budget money you have in your checking account to the different categories - when buy something on a credit card money, on your budget, moves from that category to your CC payment category. Paying off the CC creates a transaction moving the money from your checking account to your CC account. There are no superfluous transactions. You should be deleting anything because "they're already accounted for".[/quote]

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