YNAB You Need A Budget

[dduj44]

I get paid twice a month on the first paycheck i budget to pay half the mortgage and on the second paycheck i budget the other half of the mortgage. So on my first paycheck i enter in the budget column $600 and then on the second paycheck i enter $1200 on the budget column. Do i have to keep entering $600 then $1200 every month? If i leave it at $1200 i obviously will have an over budget issue until me second paycheck. is there a function i am missing in YNAB?

[INAB26]

You're doing it exactly the right way! Once you're buffered and can send your income to the next month, you'll be able to budget the entire payment at the beginning of the month.

[litterbug]

Is your mortgage $1200? If so, and if you want to take half of your mortgage from each paycheck, you'd budget $600 from your first check, which gives you a category balance of $600. With the next paycheck, add $600 to how much you budgeted, so that the total category balance equals $1200.

[jessiebird]

If you have a $1,200 mortgage, you'd budget $600 each time you get paid. The balance will show as $1,200 after the second deposit.

[ginger]

That depends on how dduj44 enters the amount since both allocations are in the same month, i.e. the same budget cell. Either enter +600 for the second paycheck allocation which will be added to the existing 600 in the cell, or replace the 600 in the budget cell with 1200, which I think is what dduj44 was describing.

[litterbug]

That depends on how dduj44 enters the amount since both allocations are in the same month, i.e. the same budget cell. Either enter +600 for the second paycheck allocation which will be added to the existing 600 in the cell, or replace the 600 in the budget cell with 1200, which I think is what dduj44 was describing.

That's true, and it's the nature of non-buffered budgeting; it's the way you budget for large bills you can't cover with one paycheck. When I was budgeting paycheck to paycheck biweekly, this was also true for groceries and other regular expenses.