Is my method wrong?
Hello all 👋,
YNAB user for 6 months now and I finally started understanding where my salary is going 🙏🏻.
I am afraid though I am doing something wrong and need your advice.
When I get paid, I save a fixed amount on a saving account and add the transaction as Emergency Fund.
I don't preassign the rest on my plan's categories but I do only when I create a new transaction.
If on payday I have unspent money, I move them to savings account and start again from zero, with a fresh salary.
That way I can understand if in the end of the month I managed to not exceed my salary and also do some savings.
I need your help here:
With giving purpose on every single dollar, how will I understand on payday if I did not overspend and how much money I did save.
Thanks!