Monarch Money How to Create Categories
ฝัง
- เผยแพร่เมื่อ 14 ต.ค. 2024
- In this video I show you in detail how to edit categories and setup your budget. Click ‘more' to see my recommended money tools.
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Does Monarch Money support multiple currencies or if not, is there any other particular one that you might recommend that might?
Monarch Money doesn't. Most only support US/Canadian banks and therefore the currency is in USD.
I believe YNAB does. PocketSmith as well. I've never tried it, but Lunch Money is supposed to be good for that.
I'm taking my 401k out to transfer it to a IRA Payless there's a different way I can take some out each month
If you're 59 1/2 you should be able to setup withdrawals monthly for 401k or IRA. However, if you're still contributing to your 401k then you'd have to roll it over to an IRA.
I'm not a CFP, but that's my understanding.
@@BrittanyFlammer gotcha. I'm only 51
@@BrittanyFlammer I just ended up taking a couple thousand out at first then ill have to decide what to do with the rest. i had bills and paid off all debt i had.
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I would sign up if we didn't have to put our payment info in. They say they will email a reminder to let us know that the free trial will be over. But why couldn't they email us at that time that if we want to continue that we will need to put in the payment option if we want to. 🤷
@@StayPositive-sd8op Yeah, it's kind of annoying. Unfortunately they all pretty much do this. Monarch is very obvious about showing you how many days left in the trial when you login, but unless you cancel you will get charged.
@@BrittanyFlammer yea,
Is there an app where you can take a picture of a receipt and it would actually separate everything on the receipt
@@StayPositive-sd8op There are apps where you can upload photos of your receipts to include, but I'm not aware of any that will actually separate the items on your receipt for you.