YNAB book topics online: https://support.youneedabudget.com/r/q5w48j. This is a little bit of extra work, but I found that it does two things: (1) it prevents you from spending that money elsewhere, and (2) when you start the next month, it’s already funded for you. 5. The monthly contribution goal is perfect for savings or categories that you use for periodic bills where you set aside a fixed amount each month so you have enough to pay when the bill comes. I am a lifetime member at Mvelopes so I don't want to commit to moving to YNAB until I am sure I can make it work like we are used to. This follows my train of thought in setting up and learning how to use the YNAB application. This type of goal always puts $10 in the category (i.e. An accidental entry of $444 in some category in the current month will leave TBB at $0, rather than showing -$444! They said that if you wait until the first of the month (actually needs to be Nov 1) then when you do underfunded, the system will fund the difference between anything you had left over and your monthly goal. For example, if you have a $120 bill once a year, you may want to setup a monthly contribution goal of $10 so that in 12 months you'll have $120 saved. I have tolerated the glitchiness. These are similar if not identical to envelopes and groups in Mvelopes. when it's actually March 1), any available balance in any category will rollover. YNAB will automatically categorize based on Payee, so you will be constantly fighting the tool and making errors. dakinemaui Funny I noticed this issue as well (over budgeting not showing up until next month). After creating the budget, I add mine and my wife's income. My second type of envelope was for bills due at different times during the year (e.g. Reconcile Balances: In YNAB, you can reconcile your balances. In YNAB, I discovered that YNAB wants you to budget for your credit card payment, which the amount comes out of your “To Be Budgeted” amount. I would only “sweep” in/out of these envelopes once the bill was paid and realized the amount was different than what I planned. Android app for Mvelopes 5 (and 4) July 10th, 2019 10:37:01 PM. I think my suggestion would work for Bills, but I'm not sure about things like Groceries. October), my “Funds for October” (which shows at the top of the Web UI) was the sum of all my bank and credit card accounts minus the amount I had funded in September, which is exactly what I expected. I understand this can defeat the purpose of the budget but it fits the way we live and has worked well for us. I don't like not carrying negative balances, but I may simply resign myself to "funding" them via a "rainy day" or "emergency" fund and tracking the real envelopes and their corresponding overages in Excel from month to month until they're zeroed out. If you are encountering any problems, please let us know by contacting our live chat support by clicking on the “Help” button on the Mvelopes homepage. It won't fill in automatically, however you can use the quick budget tools to speed that up. All of the categories then turn from yellow to green, indicating that they are funded. They say when it reaches 30 days it's a game changer, and I'll tell you it certainly is. I am also trying to find a way to leave Mvelopes. If you know how much you spend each month on Groceries, that should be your budget for the month. Doing it this way would simply mean that I have a budgeted amount in YNAB of $0 until they're positive again. Is there any way you can think of to make this work for us? Trying to keep a method from another budgeting system, even if it's a mostly similar system, as Mvelopes is, will often cause frustration. It should increase my available amounts accordingly, however, I am guessing YNAB is going to think that I came in over budget since what I had in the budgeted amount was only what I have available when I started using YNAB this month. To find this hidden gem, click on the “Payee” dropdown when viewing a list of transactions after selecting a bank account and choose “Manage Payees”. All income is categorized as "Inflow: To Be Budgeted", then budgeted out to your categories until the TBB is zero. It appears to me that this will act just like the funding plan did in Mvelopes. What I have done so far to try and mimic a funding plan... 1. I'm doing a free trial of YNAB to see what I think. If it's not, you've made an unrealistic budget. This is why I'm suggesting grouping your categories into groups based upon how you want to fund them, so you can easily fund them when a paycheck comes in. By doing it this way, by the time the end of them month comes around, it’s already funded for you. 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