22nd September 2019

These posts were originally posted on the MoneySavingForums (a UK money management site), I am moving my journals across to WordPress to have them in chronological order. I’m not sure how much of other people’s words I’m allowed to copy across from one site to another, so in some sections I may summarise conversations.

All the transactions cleared on my card, so that’s good. Guess I paid for my shopping after all.

I cant see the Amazon preorder pending on my cards though. Theres no pending transactions and theres no Amazon payments. Maybe I paid for it way back when? I cant remember how preorders work w Amazon. I’ve set aside money for it anyway in case it turns up on my transaction list next week.

I’ve decided to change on the budget from 4 “weekly spends” lines to a single “groceries” line

Hopefully it will be simpler to manage

The only thing I havent quite figured out yet is what that looks like with the two current accounts

Before I was sending my weekly spends from the main account over to my weekly spends card every Monday…

  • I dont want to send one monthly lump sum to my weekly spends card because I don’t get interest on the weekly spends account but I do on the main account. If I move one large lump I’ll miss out on interest
  • If I send a weekly amount over to the weekly spends card, what was the point of the monthly amount? There could be a lot of to and fro around the Sunday/Monday border as I try to move some money over early, then the standing order goes, then I try move some back…
  • Potentially fortnightly could work
  • What YNAB would want me to do is stop using the weekly spends account and only spend from the current account. Which be more doable, as an experiment, and I could leave the weekly spends account open for a bit whilst I think about it…

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