This was such a fun conversation! Thanks Ben and Ernie for having me! I learned things about myself and my budget I didn’t even realize until I watched!
35 weeks pregnant here and I’m definitely budget-nesting! I’ve been auditing and cancelling subscriptions, calling the cell and internet companies to negotiate lower bills, hunting out new cashback credit cards, and restructuring our sinking funds and budgets. Glad to hear I’m not the only one!
Norwegian Ynab'er here. This session was so useful. Loved your budget Gaby! Splitting groceries into 5 weeks was a great idea ,and helped solve my problems ,"stole" a lot of your categories. :)
Just my 2 cents in Ben's comment of: "when it's november, and Christmas shopping starts." In our household, the christmas shopping is all year round. There's often very good discounts, not even close to december. We collect gifts, and pile them up in the closet, and calculate in november/december how much money we spent on both kids and make sure to buy some extra (or hold some of the gifts if its too much), to make it "fair". This way, we can also give gifts for when they accomplished something gift worthy, and always have gifts around, big and small, bought at a discount. So we fund a generic gift category for both kids and buy year round.
Thanks for sharing Gabi! We've been using YNAB for 6 years or so - absolutely love it. We are based in the UK so some different categories but following similar themes!
Thanks for bringing Gabi in to share ! … I have been using YNAB since 2009 as a tracker and budgeter BUT still not using it completely ! I keep watching and learning … but even in my current state of education I COULDNOT live with out my YNAB. Glenda in Mesa
44:41 For something like Christmas, where I may only want to use additional categories for part of the year, I like to make use of the "Hidden Categories" feature. I hide a category when I am done with it for the year, and then un-hide it next year when I want to use it again. Another example, I'm saving up for renewing my passport right now. When I am done, I won't need to renew my passport again for 10 years, so I will probably just hide the category and then dust it off again about 9 years from now rather than figure out where to merge the transaction into.
Thank you, Gabi, for sharing your budget with us. I really like the idea of the “frozen” category. I have a grouping with fully funded, so that I know I don’t need to add money there, but like the idea of having a grouping of things I may need to put on hold while I focus on other priorities.
Well done with your budget Gabi! I have gotten some great ideas. I love these videos guys! I love watching and listening to budget Nerds and i look forward to new episodes.
This was a fun video! Loved the addition of Gabi for the episode. Two quick comments: I wonder if using widgets might make keeping tabs on the emoji only categories easier. I love my widgets - no more scrolling to check my balances and add a transaction. And, at some point in the savings discussion, she said something like, “It’s savings, I can’t touch this,” and now I have to change my Savings group to my “Can’t Touch This” group.
This was great to get another perspective. Thanks for sharing Gabi!! I also love the details and intentions of why it was set up the way it was. I just love when I watch y’all, I definitely get some great laughs in 😂 y’all make my day 😊
I’m with you, Ben. I tried the next month holding category, and I never could fully get it right. I’m funding directly into next month and, when I start getting ahead of THAT, I may try a holding category for some new categories that I’m interested in looking into. This session with Gabi was great!
I like it both ways! I just didn’t like that I couldn’t fund everything and I would sometimes fund the wrong thing and then need to move - that was a big mental thing for me. Either way, I’m glad you enjoyed this episode, thank you!
I resonate with the gas in wants bit and have been debating how to handle that. I live less than 2 miles from work but love to drive 200+ miles for camping trips. At the same time big fan of simplifying the budget so not trying to have two gas categories ps love to see y'all laughing and having fun 🙂
Glad that made sense to someone else😂 I don’t have a separate gas category, but when I go on trips will take gas out of the Trips/Vacation find. Maybe you can use flags for when you fill up for a trip versus not?
Great video!! I got so many good ideas. (and yes, Home Improvement DEFINITELY holds up, haha. Such good memories watching with my family. And the values are so good. And I get so much out of it now with the husband/wife dynamic that went over my head as a kid! LOL)
My budget is organized with most important categories to least important. So as soon as the paycheck comes in i just go through top to bottom and assign until i hit zero. If i have anything left after filling all categories i just move to the month after.
Awesome talk, Gabi was a great guest! Also I wonder if there's a forum thread where ppl share how they use categories? Or even just a blog post or YT playlist containing links to videos like this one? I already know how to set up, edit, group categories etc; I just want to see how others organise theirs.
Anything with a deductible. If your deductible for your car is $2000, you should work to fund that…your medical deductible is whatever thousand, fund that. Where I’m from it could just be a hail storm where your hubby took your car to the store and bam! It not about fault or how careful you are. You at least need the deductible.
Enjoyed this but I wish more screen time had been spent actually showing Gabi's budget screen while she was describing her thought process instead of the three of you talking heads :)
I’ve started a “this month funds” category that I fund as paychecks come in, but put it in next month. Close to the end of the month I look and see if anything needs to be changed, working with my honey, and fund the categories then. I do miss funding categories as the paychecks come in, but there were many times we had to make adjustments, and found if I wait till the end of the month, we can usually catch those changes better.
Hey guys, what if I don't budget next months or a "next months" category, but instead put money in true expenses? It still counts as aging my money, right?
Targets give that message. They tell the category how much money you want or need and when you need it by. support.ynab.com/en_us/targets-in-ynab-a-guide-rk5kkI9ks ~Ernie
Gabrielle, I see that I was off by a bit. I live in a state where glass coverage is legally required of insurers. FL,SC,KY. Then AZ and MA offer comprehensive. Some other states insurance offer a glass coverage clause.
This was such a fun conversation! Thanks Ben and Ernie for having me! I learned things about myself and my budget I didn’t even realize until I watched!
Love that, Gabi! Thank you for coming on. It was an absolute joy chatting with you! ~BenB
35 weeks pregnant here and I’m definitely budget-nesting! I’ve been auditing and cancelling subscriptions, calling the cell and internet companies to negotiate lower bills, hunting out new cashback credit cards, and restructuring our sinking funds and budgets. Glad to hear I’m not the only one!
36 weeks pregnant and I'm doing the same ❤️❤
Not alone at all! That’s the moment I should’ve known I was a budget nerd 😂
Also congratulations to you both!
Listening to Gabi and the whole session was great! Would love to see more of these! Always nice to get ideas from others.
So glad you liked this format! ~BenB
Norwegian Ynab'er here. This session was so useful. Loved your budget Gaby! Splitting groceries into 5 weeks was a great idea ,and helped solve my problems ,"stole" a lot of your categories. :)
Thank you! Glad that was helpful for you, it was a game changer for us. I mean we still overspend 😅 but it’s more manageable.
Just my 2 cents in Ben's comment of: "when it's november, and Christmas shopping starts."
In our household, the christmas shopping is all year round. There's often very good discounts, not even close to december. We collect gifts, and pile them up in the closet, and calculate in november/december how much money we spent on both kids and make sure to buy some extra (or hold some of the gifts if its too much), to make it "fair".
This way, we can also give gifts for when they accomplished something gift worthy, and always have gifts around, big and small, bought at a discount.
So we fund a generic gift category for both kids and buy year round.
Thanks for sharing Gabi! We've been using YNAB for 6 years or so - absolutely love it. We are based in the UK so some different categories but following similar themes!
Loved this! I would love to see more of the kinds of episodes.
This was wonderful! Changed some of my categories up while watching. Thank you for being willing to share!
It was so fun for me, glad you got something out of it!! 😊
Thanks for bringing Gabi in to share ! … I have been using YNAB since 2009 as a tracker and budgeter BUT still not using it completely ! I keep watching and learning … but even in my current state of education I COULDNOT live with out my YNAB. Glenda in Mesa
44:41 For something like Christmas, where I may only want to use additional categories for part of the year, I like to make use of the "Hidden Categories" feature. I hide a category when I am done with it for the year, and then un-hide it next year when I want to use it again. Another example, I'm saving up for renewing my passport right now. When I am done, I won't need to renew my passport again for 10 years, so I will probably just hide the category and then dust it off again about 9 years from now rather than figure out where to merge the transaction into.
Thank you, Gabi, for sharing your budget with us. I really like the idea of the “frozen” category. I have a grouping with fully funded, so that I know I don’t need to add money there, but like the idea of having a grouping of things I may need to put on hold while I focus on other priorities.
Completely stole that from Hannah! It’s nice because it’s not a wish farm, but just not a priority either.
Well done with your budget Gabi! I have gotten some great ideas. I love these videos guys! I love watching and listening to budget Nerds and i look forward to new episodes.
This was a fun video! Loved the addition of Gabi for the episode. Two quick comments: I wonder if using widgets might make keeping tabs on the emoji only categories easier. I love my widgets - no more scrolling to check my balances and add a transaction. And, at some point in the savings discussion, she said something like, “It’s savings, I can’t touch this,” and now I have to change my Savings group to my “Can’t Touch This” group.
I don’t really use widgets on my phone so I never considered using the YNAB one. Also, we need an MC Hanmer emoji now 😂
This was really great! Gabi, thanks so much for sharing your budget! Love this show!
You’re welcome! 😊
I love the monthly holding category!
Hi Gabi, Great to see and hear you❤
This was great to get another perspective. Thanks for sharing Gabi!! I also love the details and intentions of why it was set up the way it was.
I just love when I watch y’all, I definitely get some great laughs in 😂 y’all make my day 😊
Thank you! 😊
I’m with you, Ben. I tried the next month holding category, and I never could fully get it right. I’m funding directly into next month and, when I start getting ahead of THAT, I may try a holding category for some new categories that I’m interested in looking into. This session with Gabi was great!
I like it both ways! I just didn’t like that I couldn’t fund everything and I would sometimes fund the wrong thing and then need to move - that was a big mental thing for me. Either way, I’m glad you enjoyed this episode, thank you!
I resonate with the gas in wants bit and have been debating how to handle that. I live less than 2 miles from work but love to drive 200+ miles for camping trips. At the same time big fan of simplifying the budget so not trying to have two gas categories ps love to see y'all laughing and having fun 🙂
Glad that made sense to someone else😂 I don’t have a separate gas category, but when I go on trips will take gas out of the Trips/Vacation find. Maybe you can use flags for when you fill up for a trip versus not?
Great video!! I got so many good ideas. (and yes, Home Improvement DEFINITELY holds up, haha. Such good memories watching with my family. And the values are so good. And I get so much out of it now with the husband/wife dynamic that went over my head as a kid! LOL)
Glad you liked the episode, and thanks for validating Home Improvement for us 😂
This was very Helpful. I’ve been wanting to move stuff around but I wasn’t really sure how. I like the savings vs savings with dates.
I’m so glad you found it helpful 😊 Ben and Ernie (and Hannah) inspired me to change my budget to what you see today.
Gabi is a super star! Hope she's back on the channel soon!❤
My budget is organized with most important categories to least important. So as soon as the paycheck comes in i just go through top to bottom and assign until i hit zero. If i have anything left after filling all categories i just move to the month after.
Glad to see there are other budget nerds out here in the wild. 📊
Awesome talk, Gabi was a great guest! Also I wonder if there's a forum thread where ppl share how they use categories? Or even just a blog post or YT playlist containing links to videos like this one? I already know how to set up, edit, group categories etc; I just want to see how others organise theirs.
Check out the category discussions over on Reddit! www.reddit.com/r/ynab/ ~Ernie
Anything with a deductible. If your deductible for your car is $2000, you should work to fund that…your medical deductible is whatever thousand, fund that. Where I’m from it could just be a hail storm where your hubby took your car to the store and bam! It not about fault or how careful you are. You at least need the deductible.
That’s not a bad idea. Still believe having something is better than nothing, but working towards that is a good goal!
Enjoyed this but I wish more screen time had been spent actually showing Gabi's budget screen while she was describing her thought process instead of the three of you talking heads :)
I’ve started a “this month funds” category that I fund as paychecks come in, but put it in next month. Close to the end of the month I look and see if anything needs to be changed, working with my honey, and fund the categories then. I do miss funding categories as the paychecks come in, but there were many times we had to make adjustments, and found if I wait till the end of the month, we can usually catch those changes better.
This was me also! I’d rather do it “right” the first time instead of having to make multiple adjustments!
Hi there, I was just wondering, what are the "S" and "M" next to the amounts under the goals tab?
Gabi uses Toolkit for YNAB (an unofficial browser extension). The S and M are target indicators-S for spending targets, M for monthly targets. ~Ernie
It does hold up Ben
Hey guys, what if I don't budget next months or a "next months" category, but instead put money in true expenses? It still counts as aging my money, right?
Yep, that's still aging your money because that money is just gonna sit and wait to be spent! ~Ernie
Hellllloooooo Budget Nerds!!!
How do you add the emojis to the budget?
This doc will walk you through it for your OS!
support.ynab.com/en_us/how-to-use-emoji-in-your-budget-SJTNIyQAc
Is this YNAB for web? How does one show the goals column on web?
Toolkit for YNAB (3rd party, open source Chrome extension)
Looks like she's using the YNAB toolkit (chrome or Firefox browser extension)
@@cariluv2 oh, thanks. I used it for a long time but it was causing slowness so I haven't fired it up in a while.
I say in the video a Progress Bar that had "needed eventually" What gives this message?
Targets give that message. They tell the category how much money you want or need and when you need it by. support.ynab.com/en_us/targets-in-ynab-a-guide-rk5kkI9ks ~Ernie
Waitttt how do I get the free year?!
If you're a college student, you can claim your free year here! www.ynab.com/college ~Ernie
Gabi, most windshield damage replacements are already covered in auto insurance. I say most ... not all. I hope you won't need any extra payouts.
We had to pay the deductible, but no worries because we had it covered 😊
Gabrielle, I see that I was off by a bit. I live in a state where glass coverage is legally required of insurers. FL,SC,KY. Then AZ and MA offer comprehensive. Some other states insurance offer a glass coverage clause.