When we decided to give YNAB a try back in May 2013, we went with the bare bones. Previously we’d been using a spreadsheet to keep track of our budget, and although it had worked great for a few years, it didn’t seem as sophisticated, and there was still a large manual element to the whole process on a monthly basis.
Enter YNAB on its white horse to the rescue. I instantly fell in love with the automation of it. As we set up our first month’s budget in YNAB, we started applying Rule Four and also set up a dozen or so scheduled transactions to handle our fixed monthly bills. Then, we spent the first month just making sure that everything was set up and functioning properly.
A few months later, things were working smoothly and I became a bigger and bigger fan of YNAB. But as it drew close to the end of the year, I wanted to do a financial review of all of our accounts – to take our temperature and see how we were doing in terms of net worth.
Previously I’ve use Mint.com for something like this because you can log in to all of your accounts and it pulls all of your assets together minus your liabilities and spits out a net worth. The problem is, every time I log into Mint, there are sync errors with half of my accounts and I have to reconnect them, and even after all of that hassle, it still hasn’t synced properly for months. That’s when I decided to scan the YNAB Forum for some help.