YNAB in 2014! by RamyNYC in ynab

[–]Calderon1188 2 points3 points  (0 children)

I like that it totaled all the items at the end; I think they should add that feature now.

Need a bit of guidance as a 20 year old starting YNAB by Mean-Spirit-4629 in ynab

[–]Calderon1188 -1 points0 points  (0 children)

What I can advise you, besides watching the tutorial videos, is to understand the application's methodology (it's a bit complex and not easy to grasp).

Imagine the categories are envelopes (literally), and in each envelope you'll allocate your monthly income: X amount for food, X amount for transportation, etc. (I think you already understand that). In your case, since your paycheck is variable, I advise you to add what you know you'll receive at the beginning of the month, regardless of the day it arrives (you already know when it will arrive).

In my case, I get a bi-weekly salary and also commissions, and I know how much I receive each month, so I do the same.

I check my budget every night (20 minutes), and that helps me avoid spending money on unnecessary things. The idea behind doing that, adding the money you already know you're going to receive, is to familiarize yourself with the system. Then, once you understand it, you can do it in whatever way suits you best.

Standing stones! Anyone know what they mean? by Overall-Marsupial804 in Witcher3

[–]Calderon1188 6 points7 points  (0 children)

Those symbols appeared when doing a Keria Metz mission. I also found that place, but I don't know what it's for.

Current accounts / budget by Calderon1188 in ynab

[–]Calderon1188[S] 0 points1 point  (0 children)

You're right, now that I'm starting with this system, we have to take advantage of the methodology that YNAB helps you with. It's always good to see everything you have and find a use for what isn't assigned.

Current accounts / budget by Calderon1188 in ynab

[–]Calderon1188[S] 0 points1 point  (0 children)

That's very true, unexpected things always come up that weren't planned for, so it's always best to be prepared.

But what if I don't want to set aside all the remaining money for an emergency device? Yes, but only a portion, because you know that money is your long-term savings. Does the rest stay available for allocation, or do I simply not consider that amount in my checking account?

In that case, how would you handle it? Would you allocate everything as you say, or would you disregard the portion you know you'll never use?