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YNAB Pro Makes Budgeting Simple

Posted by admin under Budgeting

Do you need help budgeting? For most the answer is of course. Budgeting does not need to cause worries. Budgeting can be easy using YNAB Pro.

What is You Need A Budget Pro?

YNAB is a software program used to create and stick to a budget. You Need A Budget Pro makes it easy to set limitations for budgeting categories and track how you are doing.

The goal is to quit living paycheck to paycheck. This is accomplished by creating a one month cushion. The one month buffer is equivalent to how much you get paid in one month. The cushion is used to budget for the current month. For example if the current month were February, you would be budgeting and spending money you made in the previous month. Don’t worry if you don’t have enough money saved up for your buffer. YNAB Pro will show you how to create it.

Once you have a cushion created you will no longer be stunned when unpredicted expenses such as car trouble or health expenses come up. You can now roll with the punches. You are no longer restricted by one months worth of pay. Go ahead and dip into your reserve cushion. You Need A Budget will adapt your next months budget by subtracting whatever you borrowed for the unannounced expense. So if you are twenty dollars over buget in May, then you will get twenty less dollars to use for budgeting in June.

Here are theYNAB Pro basics.

Are you over budget? Are you below your budget? With You Need A Budget you will quickly be able to tell.

When you begin the software you create budgeting categories or use the defaults. You can use basic categories such as Debt Reduction, or break it down with subcategories such as “Debt:Charge Cards” and “Debt Reduction:Car Loan”.

Next, enter your transactions in the register. Record the transactions manually or download them in Microsoft Money or Quicken format from your bank. You will then assign a budgeting category to every transaction in your register.

The budget screen shows your financial information for the current month using three columns; Budgeted, Spent and Balance. The “Budgeted” column will be filled in manually by you. As you record an amount for each category it will be deducted from that months money available. The next column “Spent”, will be filled in automatically as you assign categories to each transaction in the register. The last column “Balance” will display how much under or above you are for that category.

The YNAB Pro report screen will give you a visual representation of where you stand. This screen lets you to easily learn how much money you are dropping each month and your ongoing balance for each budgeting category.

You Need A Budget, is all about budgeting.

There are many personal finance programs. For a sensibly priced Quicken Alternative or a Microsoft Money Alternative, You Need A Budget is the solution for you. Most programs have to many bells and whistles distracting the user from the budgeting basics. You Need A Budget Pro uses a established methodology making budgeting simple and easy to stay with.

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