Budget Nerds #128 - Setup Your Plan Like a Budget Nerd: Advanced YNAB Concepts
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Nov 5, 2025 Dive into advanced YNAB features with tips on connecting multiple accounts and classifying them for clarity. Discover how to set up loan accounts, create debt payment targets, and simulate payoff strategies. Learn effective monthly spending caps, manage irregular expenses, and set yearly targets without rollovers. Explore the concept of 'Cost to Be Me' for budget reality checks and find insights on scheduled transactions. Plus, hear about simplifying category management and a collective budgeting experience using YNAB Together!
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Set Account Types And Link Loans
- When adding accounts, set the correct YNAB account type and convert specialized accounts (like HSAs) to asset/tracking accounts.
- Edit loan accounts and link them to categories to unlock payoff targets and accurate tracking.
Use Loan Targets To Simulate Payoff
- Link loan accounts to categories and use YNAB's debt-payment target to simulate payoffs and interest savings.
- Adjust monthly payment or payoff date to see time and interest trade-offs immediately.
Pick Target Behavior By Variability
- Choose refill-up-to for variable-but-capped categories to top up only what's needed next month.
- Use set-aside-another for steadier average payments across months.