Hey everyone! In today’s Whiteboard Wednesday we discuss how you can handle paychecks: Net or Gross.
I personally prefer the net method because it means there’s less work. One caveat: if you want to be able to prepare some type of tax report directly from YNAB, you may want to use the gross method. However, that same data that you’re providing can be found on your W2 at year-end…it sounds like a wash.