You need a budget (YNAB) advice thread

MoneyMission2015

angela1976 wrote: »

I am using the ynab trial still deciding if it's for me, but in case I do buy it where is the cheapest place to buy it from as I don't think I will get to grips with it before my free trial ends.

Steam is the cheapest I've seen. I am purchasing mine tomorrow after being really impressed with the trial. I didn't do any of the webinars because I could never find the time but I've read loads of stuff on this forum & by googling it and have found it really easy to get to grips with.

joedenise

Worth looking for the videos on You Tube if you can't watch the live webinars.

I've watched quite a few since I bought YNAB as I'd only managed to do a couple of the webinars during the trial period.

Denise

sfry

The videos can be watched at any time that is convenient to you. They are on the support page.

http://www.youneedabudget.com/support

Carrot

I've watched the videos on the support page that sfry linked to above and they are just as useful.

However - if you can watch a live webinar at a convenient time then do try to as they really do give a copy of the YNAB software away in each live session.

MoneyMission2015

Thanks for letting me know about the Youtube videos guys, I didn't even think to look! I am ok using the software at the moment but I would like to put my credit cards on there at some point to track the payments & balance. Everything is on 0% now so it will be nice seeing those balances come down without having to add any interest on each month:)

rogue999

It's perhaps been mentioned on this thread before but just repeating it for those who don't know. Students can get a free copy of YNAB - i got mine for free, I'm a part time student - you will need to email them some proof (i sent a scanned copy of my NUS card and that was sufficient), they then send you an activation code. I'll look for the email address and update here.
x

Web page here with all the info:
http://www.youneedabudget.com/blog/2014/ynab-is-now-free-for-college-students/

Pixie5740

You would just make your debt accounts "on budget" and catagorise them as "Pre-YNAB Debt" so that way you can watch the balance go down each month on your road to financial freedom.

Munchkinsmum

Hi! I've signed up for the trial, and also for some webinars, but I've started filling in the basics and wonder if anyone could advise on how theyd organise these accounts.

Hubs and I have joint account, all household bills (except mortgage) are DD out of it, and then groceries come out too.

I have current account, that my leftover 'spending' money is transfered into. I also have some personal bills from this one, including DMP.

I have a bank account that all my wages go into. I'm self employed so variable. I transfer a set amount into the joint account, and a reasonably set amount into the current account depending on what is left. I then leave a % in this account which accrues for tax and national insurance. I dont spend on this account.

I then have kids account, which maintenance and child benefit are paid into. Club fees etc come out of here, plus general kid related spending. One DD. I have a second kids account which hasn't been used. I was going to put child benefit and the DD into that one, and let the remainder accrue.


Sorry if confusing! I've set these accounts up on YNAB, with only joint and current account on budget. However I feel like they are seperate budgets almost, but I don't know if you can link them.
Also I'm not sure what to do about the bank account my tax money is in as even though its off budget it shows up in all the totals and I prefer to ignore it! Any advice please?

lilahloo

I've only just started using ynab so I'm no expert.

I think the principle is it doesn't matter where the money is held (in what account), it's all about allocating the pounds you have to spend to your categories and then making sure you don't overspend on the categories.

I have used different bank accounts to manage my money and I've set my ynab up to reflect this.

For example I have a main category called Rainy Day and sub categories within for saving towards house maintenance, car insurance etc - the total for this category matches the amount in my 'savings account' (transferred from my checking account on ynab, but transferred to my actual savings account in reality)

I have a 2nd current account I use for fuel, food and spending money. I have set up a main category for Everyday Expenses with subcategories. Again the main category amount reflects what is in my 2nd bank account and I've transferred that amount to my everyday account on ynab.

I hope that makes sense when you're looking at it on ynab and I haven't confused you!!

Bublin1

I found this website and it has a code for 43% off but when you go to the YNAB purchase page there is nowhere to input a discount code.


http://bestpromotionalcodes.com/you-need-a-budget-promo-codes/43-percent-off/


edt - I think it's a con because I've found other so-called codes and there is nowhere to use them. I've also found links that are supposed to give you 10% off but only 6% is applied.