We think of savings a little differently at YNAB, here's an article that talks about how it works.
Savings accounts are purposefully included as a part of your budget, because we want you to give those dollars a job, too! It's different - but really powerful!
What you need to do is assign the dollars in your savings account to savings categories. What are you saving for? Emergencies? 🚑 Vacation?🌴 Make specific categories for those things in your budget and assign the dollars there.
The nice thing about that is you'll be able to attach Goals to those categories, and that will focus your savings even more.
Cash transactions differ from your other spending, because they don't create a record the way debit or credit transactions do. You can’t simply import a batch of transactions and know that you are up to date. Also, your cash isn’t sitting in a traditional account–it’s in your pocket or wallet or purse.
Here's where you can read more about how to handle cash spending!
Credit cards are so special they require their own section. Yep. They're that special. Check out this section of our Help Docs for all the special..ness! 😆
Perhaps you've already heard of the YNAB Reconciliation Dance. It's a pretty big deal here. Think Gangnam Style for budgeting.💃🏻
Basically, because you use your budget to make spending decisions, your records in YNAB need to match your bank’s records — not just once a month, but every single day, as you make spending decisions based on that data. We call this Reconciling, and you'll need to do this on the web app. (Reconciling isn't yet available using the mobile app.)