Who uses YNAB?

Anthorn

katejo wrote: »

I also have a surplus at the end of a month but still find Ynab useful for organising my budget.

Curious: If you end up with a surplus every month why do you need to budget?

katejo

Anthorn wrote: »

Curious: If you end up with a surplus every month why do you need to budget?

Depends how you define 'budgeting'. To me it doesn't just involve saving/spending less. It involves organising money better. With Ynab it has tasks/jobs so I can see clearly what I have allocated to what. My available money to plan for future spending has roughly trebled since I started using Ynab. My monthly surplus is allocated to things like home improvements or an extra trip away.

copperman05

Anthorn wrote: »

Curious: If you end up with a surplus every month why do you need to budget?

I would say he ends up with a surplus because he budgets.... :j

katejo

copperman05 wrote: »

I would say he ends up with a surplus because he budgets.... :j

Yes exactly I have it for precisely that reason. I never pay for non essential home improvements/holidays/any other savings goals before saving the money first. YNAB is ideal for this purpose.

copperman05

For those that are interested another thread for YNAB (and whether its worth paying for) here

Anthorn

katejo wrote: »

Yes exactly I have it for precisely that reason. I never pay for non essential home improvements/holidays/any other savings goals before saving the money first. YNAB is ideal for this purpose.

Your previous post didn't say that. You agreed with me in ending the month with a surplus and you didn't mention that it is only because you budget

I finish every month with a surplus without budgeting at all. That was the reason for my point in a previous post about moving the surplus at the end of every month to savings.

But if I wanted to budget I can do it in my CYBG B app.

copperman05

No ones saying you cant end in a surplus without a budget, but I do think it can make it easier, and perhaps higher (the surplus) for many who are not so naturally careful with their money.

bobobski

I've been using nYNAB for a little over a year and I couldn't do without it now. I largely use it to save money. Case in point: the year before YNAB I saved approximately £3k; the first year with it I saved £8.5k. I think it's brilliant, although there's this weird defensive thing people on YNAB4 or other software do when people sing the praises of nYNAB. It doesn't really matter who finds what useful, as long as you're happy

dunroving

Any advice for folks wanting to import old Quicken files? Looks like it is a .QDF file. I have read up a lot now on budgeting software options but I really, really don't want to lose all the information I have in my Quicken software (17 years of data).

copperman05

dunroving wrote: »

Any advice for folks wanting to import old Quicken files? Looks like it is a .QDF file. I have read up a lot now on budgeting software options but I really, really don't want to lose all the information I have in my Quicken software (17 years of data).

Not sure, perhaps you can convert it to a readable format?