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Money dashboard Budgets
ronbridges17
Posts: 6 Forumite
Does anyone have a recommended way of working with the budget in money dashboard?
I really like the way it pulls transactions from my banks and tags them however I'm not getting to grips with the Budget side of things yet.
I'm used to YNAB budgeting where you setup budgets into under headings and spend all your money into the budget areas.
In money dashboard, it seems a little disjointed. Should I create a budget like 'House Bills' and put tags in there or should I create all the individual budget items like 'Gas and Elec' and 'Boiler Cover' and have lots of little budgets.
I guess there may be no right or wrong, but I'm wondering if anyone else has a system which they are using that works well for them?
I really like the way it pulls transactions from my banks and tags them however I'm not getting to grips with the Budget side of things yet.
I'm used to YNAB budgeting where you setup budgets into under headings and spend all your money into the budget areas.
In money dashboard, it seems a little disjointed. Should I create a budget like 'House Bills' and put tags in there or should I create all the individual budget items like 'Gas and Elec' and 'Boiler Cover' and have lots of little budgets.
I guess there may be no right or wrong, but I'm wondering if anyone else has a system which they are using that works well for them?
0
Comments
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I use YNAB as I have not yet come across any other application that works as well as YNAB for proper budgeting, rather than just setting limits on or tracking spending after the fact.Retired at age 56 after having "light bulb moment" due to reading MSE and its forums. Have been converted to the "budget to zero" concept and use YNAB for all monthly budgeting and long term goals.0
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