Thanks so much for this!!! Been using YNAB for a year and the new months always confuses the heck out of me! I didn’t know I should just fix the last month with the ready to assign 🤦🏾♀️ would have saved so much time and cursing
"You survived another month. You survived ANOTHER month. You survived another MONTH." Hearing it so much is actually making me question if I actually have... 🤣🤣😅
Pretty long-time binge-watcher, first time caller. LOVE your videos, Hannah! ❤ I've been using YNAB since April and you're one of my very favorite things about my very favorite app! (HOW did I survive without you and YNAB? 🤔) Thank you very much for the tips! I wasn't 100% sure I knew what I was doing at the end of the month, but now I can sally forth (sully forth? I dunno - somethin' forth) with CONFIDENCE! 💪
11:07 _Now, once you start assigning money in the new month, avoid making changes in the past, as you risk tearing apart the fabric of the finance-time continuum_ Great Scott! ( oДo)
One thing I have added to my EoM Rollover is banking my true expenses once over spending is accounted for. So if I added $12 to the vet bill fund, $100 to the vacation fund and $88 to the professional expenses fund, I just slip $200 into my savings account to make a little interest. It is less likely to be spent when it is in savings. And then, when the vet bill comes due, I just take it from savings and it is no problem at all.
Great video- again!! I get confused with the “Auto Assign by” options. Are those features I should be using and if so, need a video on the difference between them all and how to use “auto assign by…”. Thanks!
Changing last month after you started paying this month, you can end up with a negative value in your Ready to Budget category. Then you need to shuffle money around to get rid of the red.
Love Hannah’s videos. I have been using YNAB for years now but still miss not being able to have a 6 months overview of my budget. Any tips on how I can project myself and see 6 months to come on 1 page?
Hey Hannah! I've been taking care of my wish farm and been able to see some come to fruit! This may seem like a silly question but how do you handle those wishes? Do you just put them in hidden or do you rename them to new wishes and adjust those goals? Thanks for the help!
Congrats on making those wishes come true! Something I learned from another YNABer was to create a folder called "Wishes Granted" and then once something has been funded in your wish farm, you move it there. It's exciting and motivating to look back and see all the wishes you've turned into reality.
Hannah made a video called “My Trick to Buying Everything on My Wish List” and mentioned one thing you can do is to use hashtags in the notes section like #wishfarm and name what the item was so that way you can sort of track what wishes “came true.” Then you just delete the wish and roll it into another category (I just roll my wishes into my discretionary spending category) but that way you can still filter what goals you have achieved!
Maybe I am doing something wrong but I have lots of extra money in alot of the categories so I could not imagine ever having any overspending. I feel like it gives peace of mind. Well, categories for fixed bills that cost exact same amount each month have the exact amount needed fot the bill but any category that is variable I always put more than I spend just in case. I have never had red overspending so does that mean I am not really taking advantage of ynab?
It means that you are fortunate enough not to have to worry about overspending! That’s wonderful! But now you get to figure out what to do with your money and what’s important to you. That to me is one of the other really big benefits of YNAB.❤
@@anditippie5923 It was more about if it was wrong to save extra money into categories more than you spend for things are in that category instead of having some kind of special category where you put your extra money into. It feels like I am not giving all the money a job if I put more into a category than I am going to spend.
I've been using the app for months and I still feel a steep learning curve when it comes to "assigned vs available." I find myself struggling with my current balance. Any rec videos? :)
Hi! If you're having trouble with "assigned vs. available," you might want to check out our "Getting Started with YNAB" video. Ernie does a great job clarifying the basics. - Ben M 🤓
I have an issue with the past month! My credit card closes on 27th and when I tried to pay it in full I still had all the expenses from the 28th until 31st and it looked like I had a debt pending and it totally screwed my next month. How would i fix it?
Nothing happens. It will just stay yellow as debt into the next month. Which is fair. Mine is paid on the 15th. That number doesn’t really reflect only the current month until I’ve paid up the last month balance in the 15th. And that’s ok.
I sometimes just wait to assign anything to next month until the first. Took me a minute to realize that "overspent" on mortgage that first morning is fine-- since I really do have that money sitting in my next month category! 😅 And the bank doesn't need to know what category it started the day in 🤫
The fact that people are confused about reconciliation is nuts. Good thing they didn’t live when we had to used checkbook registers and reconcile monthly when statements came in
Confession of a true geek. “I’ve binge watch YNAB videos!”
Who doesn’t??
Totally LIVING for Hannah's videos! Can never tell which I like more, the actual content, or the bloopers at the end. We love you, Hannah!
I vote the bloopers 🙃
🌻 Hannah
Thank you for this! I just signed up last week, set up my budget plan, and was wondering how to approach going into the next month!
Welcome to the life changing game @TCONJ 🙌
Thanks so much for this!!! Been using YNAB for a year and the new months always confuses the heck out of me! I didn’t know I should just fix the last month with the ready to assign 🤦🏾♀️ would have saved so much time and cursing
"You survived another month. You survived ANOTHER month. You survived another MONTH."
Hearing it so much is actually making me question if I actually have... 🤣🤣😅
sounds like the intro to a new level on a post apocalyptic zombie game ( o.o)
The outtakes! “What the frick are these?!” 😂We love you Hannah!
Pretty long-time binge-watcher, first time caller. LOVE your videos, Hannah! ❤ I've been using YNAB since April and you're one of my very favorite things about my very favorite app! (HOW did I survive without you and YNAB? 🤔) Thank you very much for the tips! I wasn't 100% sure I knew what I was doing at the end of the month, but now I can sally forth (sully forth? I dunno - somethin' forth) with CONFIDENCE! 💪
11:07 _Now, once you start assigning money in the new month, avoid making changes in the past, as you risk tearing apart the fabric of the finance-time continuum_
Great Scott! ( oДo)
Hey! You forgot the reconciliation dance 💃. Hannah, we needed a quick demo. 😅
One thing I have added to my EoM Rollover is banking my true expenses once over spending is accounted for. So if I added $12 to the vet bill fund, $100 to the vacation fund and $88 to the professional expenses fund, I just slip $200 into my savings account to make a little interest. It is less likely to be spent when it is in savings. And then, when the vet bill comes due, I just take it from savings and it is no problem at all.
Ooo! I never thought of doing this at the end of the month! AWESOME idea!
When Hannah hit me with the “attaboy Tiger” I was definitely Petter Parker for a sec
I'm doing my end of month YNAB tasks while this video plays. It's so meta!
Why can't we have a YNAB Merch drop 😭😭
Great video- again!! I get confused with the “Auto Assign by” options. Are those features I should be using and if so, need a video on the difference between them all and how to use “auto assign by…”. Thanks!
You do not need to use them, but I believe Hannah has done a video on them in the past. It's worth checking the YNAB channel to see.
This is brilliant. The problems with previous months have tripped me up lots of times🙂
Interesting take on not changing the previous month. It feels icky. I think it deserves more explanation.
Changing last month after you started paying this month, you can end up with a negative value in your Ready to Budget category. Then you need to shuffle money around to get rid of the red.
Happy almost new month
For real!!! I literally have $25 dollars left this month! 😭😭😭 #YNAB-Broke
Love Hannah’s videos. I have been using YNAB for years now but still miss not being able to have a 6 months overview of my budget. Any tips on how I can project myself and see 6 months to come on 1 page?
@10:54 I had this question for YEARS. Thanks for finally explaining the answer
Hey Hannah! I've been taking care of my wish farm and been able to see some come to fruit! This may seem like a silly question but how do you handle those wishes? Do you just put them in hidden or do you rename them to new wishes and adjust those goals?
Thanks for the help!
Congrats on making those wishes come true! Something I learned from another YNABer was to create a folder called "Wishes Granted" and then once something has been funded in your wish farm, you move it there. It's exciting and motivating to look back and see all the wishes you've turned into reality.
Hannah made a video called “My Trick to Buying Everything on My Wish List” and mentioned one thing you can do is to use hashtags in the notes section like #wishfarm and name what the item was so that way you can sort of track what wishes “came true.” Then you just delete the wish and roll it into another category (I just roll my wishes into my discretionary spending category) but that way you can still filter what goals you have achieved!
@@sarahoswald9984 that is such a great idea!! 💡
This app is amazing. So glad we got it! Thanks for all the improvements!
Maybe I am doing something wrong but I have lots of extra money in alot of the categories so I could not imagine ever having any overspending. I feel like it gives peace of mind. Well, categories for fixed bills that cost exact same amount each month have the exact amount needed fot the bill but any category that is variable I always put more than I spend just in case. I have never had red overspending so does that mean I am not really taking advantage of ynab?
It means that you are fortunate enough not to have to worry about overspending! That’s wonderful! But now you get to figure out what to do with your money and what’s important to you. That to me is one of the other really big benefits of YNAB.❤
@@anditippie5923 It was more about if it was wrong to save extra money into categories more than you spend for things are in that category instead of having some kind of special category where you put your extra money into. It feels like I am not giving all the money a job if I put more into a category than I am going to spend.
Thats it. How did you know I was saving up for an e-bike 😡😂
All this talk of determining whether something has cleared at the bank is very far from the original simple concept of YNAB!
All of this determining? Is it that hard to check your accounts and make it and YNAB match?
Thank you for a very helpful lesson.
I've been using the app for months and I still feel a steep learning curve when it comes to "assigned vs available." I find myself struggling with my current balance. Any rec videos? :)
Hi! If you're having trouble with "assigned vs. available," you might want to check out our "Getting Started with YNAB" video. Ernie does a great job clarifying the basics.
- Ben M 🤓
I have an issue with the past month! My credit card closes on 27th and when I tried to pay it in full I still had all the expenses from the 28th until 31st and it looked like I had a debt pending and it totally screwed my next month. How would i fix it?
Nothing happens. It will just stay yellow as debt into the next month. Which is fair. Mine is paid on the 15th. That number doesn’t really reflect only the current month until I’ve paid up the last month balance in the 15th. And that’s ok.
@@Schrodingers_Katthank you! But I did it and nothing! It appears like I owe just 15 dollars
Great stuff! Loved this video!
Great video, Hannah! Thanks for sharing!
Just experienced the first roll over and needed this video so much 💰🙏
15:07 jibberish singing 🤣😆
need more Hannah content!!! 😁
Earliest I've ever been
I sometimes just wait to assign anything to next month until the first. Took me a minute to realize that "overspent" on mortgage that first morning is fine-- since I really do have that money sitting in my next month category! 😅 And the bank doesn't need to know what category it started the day in 🤫
What happens in YNAB stays in YNAB 🤫
LETS GO!!!
Pay the card each month. You're funny. I pay each paycheck or each week.
Either way is fine, obviously
Mine gets autopaid each month. Works fine for me
The fact that people are confused about reconciliation is nuts. Good thing they didn’t live when we had to used checkbook registers and reconcile monthly when statements came in
Honestly, if you import transactions and approve them a lot (like, a couple times a day) there’s not a lot of need to reconcile