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I'm a recent convert to YNAB. I tried multiple times over the years, but always gave up after only a few days. The key for me and my wife to get it to work was
by jermaustin1 3y ago
I'm a recent convert to YNAB. I tried multiple times over the years, but always gave up after only a few days.
The key for me and my wife to get it to work was getting into the groove of entering your transactions and reconciling daily. It is a bit obsessive, but we've been able to completely overhaul our finances with it.
Basically every morning I start my day by opening up YNAB and my bank, and for our personal finances, just making sure everything matches. For my business finances, I actually manually input all expenses (from receipts, invoices, etc) then once a week, I will go through and reconcile with online banking (I usually miss a transaction or two).
- ezfe 3y agoDo you not link to your credit card/bank (respect if you don't want to, of course) - I use YNAB and only check it once a week or so and mostly just edit the names of new merchants and double-check categories of the new transactions.
- jermaustin1 3y agoIn our personal budget, we link everything we can, because we spend a lot more smaller items randomly, so we can't manually input everything. For unlinked credit, we just create a budget item for that card and we try to budget them out properly, but it isn't as easy, and we lose tracking into the spending.