24th October 2020

These posts were originally posted on the YNAB forums and MoneySavingForums (a UK money management site), I am moving my journals across to WordPress to have them in chronological order, and because the YNAB forums are closing as of March 2022. 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.

I decided to create two new savings goals in my budget. I’m not deleting the Shapeshifter Binder category but I haven’t any plans for it right now either. I use an Excel document to see if I have room in my budget for each new goal and it says I have room for these. The spreadsheet literally just has my average salary and my goals for each category, a simple X-Y equation. So we’ll give these goals a go. They’re not high priority though. 

One category is to get my degree certificate reissued in my new name – it’s currently in my deadname. I like to hang up my degree, but when I moved this time I felt weird about displaying it with the wrong name on.
The other is for a tattoo. I haven’t even picked what tattoo yet, but every time I think of one I’d like I go round and round in circles before eventually concluding its pointless as I have no money. Well, I’m sick of it. I’m going to try save up some money and get it done. Or at least have the option to get it done if I do land on one I’d like. 

Both goals are £10 a month. If nothing else, in 2020 I’m not using up all my “public transport” category and I usually have at least £20 a month left in there, so the money I don’t need to put in public transport can go to these goals. But they’re not high priority. Of the two, the degree certificate is possibly a slightly higher priority as I’d like to get that done for my birthday next March. For the tattoo, I don’t know how much I need, or by when, I’m just putting money aside and will figure out the rest later.

In response to a commenter asking if I use a “Monthly Spending” goal for my categories

Because I don’t budget on the 1st yet, those goals never seem to work right for me. I’m adding into the categories mid month and the quick budget cant seem to give me the amount needed to top up to my goal. If I set “Target Balance – No Date” then the information widget on the right hand side of the screen tells me the difference between the current balance and the goal.

For me, ideally, if I used a top up goal I would want it to ignore all past behaviour and just focus on what the balance of the category is at that second, and how much is needed to make it up to the goal. Currently the monthly spending goals seem to take into account any spending behaviours between the 1st and my payday which confuses things a bit.

However, if I set a target balance no date goal, as you can see below, I can use the “To Go” line to know how much more to put into that category

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