Today we discuss a simple equation to help you balance your on-budget accounts with your budget. It’s a simple formula, but a real life-saver!
If you’re interested in a more in-depth explanation that will be explained much better than I ever could, you should consider taking the free, live special-topics class we have on balancing your budget and accounts. The class schedule can be found here.
I’m looking forward to seeing YNAB be smart enough to know which accounts are on budget and which are off and then tell me if I’m breaking the rules. That would make things foolproof.
I also hope that this comment will help you to see that I’d make a great iPhone beta tester.
The tricky part of drawing a line in the sand with on/off budget accounts is how we handle existing users. It’s something we’re definitely going to focus on in the coming months b/c I think it will pay huge dividends — especially to those just jumping on the YNAB bandwagon.
Thanks for this one; its a topic that I’ve been wondering about recently.
Jesse,
Thank for providing us ongoing education for YNAB.
I did check out the class notes “Balancing your Budget with your YNAB Accounts”. The presentation was excellent.
I am looking forward to having this automated in future release.