Hi, all.
I'm a smart person (I hope), but I've been struggling to set up YNAB. I think I've identified the problem (see below) that's tripping me up. Could I get an experienced YNABer to weigh in and let me know if I'm on the right track?
When I initially set YNAB up, I put in ALL my accounts and it seemed odd that ALL my cash was in my budget. My checking accounts and savings accounts were all in my YNAB budget. This made my available money to budget much more than I would spend in a given month.
Is the problem that I should ONLY have my checking account as my budget account? This way, when my paycheck is put into my checking account, I know I can only budget the money I've been paid. All money from my checking account then flows to other accounts (credit cards, savings, retirement, etc.).
Is this correct?
Thanks so much!