A stepbystep guide to handling credit cards inside YNAB. This tutorial will walk you through every single detail of using credit cards with YNAB.

YNAB Affiliate Link: https://mappedoutmoney.com/ynab'>https://mappedoutmoney.com/ynab

YNAB For Beginners Quick Start Guide (2018)
   • YNAB For Beginners  Quick Start Guid...  

YNAB Tutorial Dealing With Cash Back and Refunds
   • YNAB Tutorial  Dealing With Cash Bac...  

Credit Card Billing Cycle Explanation
   • Billing Cycle: How To Finally Underst...  

While I love YNAB, unfortunately, it can be pretty confusing. A lot of people will sign up only to get quickly frustrated and then give up never to return. And how YNAB handles credit cards is probably the most confusing aspect of the program. For some reason, it just isn't intuitive for most people, despite the fact that YNAB handles credit cards in the most realistic way possible.

I've never seen another budgeting program out there treat credit cards how they work in real life... except for YNAB. When I finally understand this, it sold me on the program and made me an instant fan.

I hope that this video will do the same for you.

In this video I'll cover:
How to set up your YNAB accounts

How to deal with your starting credit card balance

Using YNAB's goal function to pay off your credit card

How YNAB treats credit card transactions

The difference between debit & credit and how YNAB handles them

How to deal with overspending on a credit card

Adding credit card interest to YNAB

Making payments towards your credit cards

A pro tip for never missing a payment

This tutorial truly is everything you need to know about YNAB and credit cards. I hope you learn something and be sure to leave a comment with any questions you have.
______________________________________________

Quick Jump To Video Sections

0:29 Setting up credit card accounts
1:36 Covering the starting credit card balance
3:15 Setting a goal to pay off your credit card
5:53 How credit card transactions work
7:36 Debit vs. Credit transactions in YNAB
13:32 Credit card balance vs. Available balance
15:00 Handling overspending on a credit card
22:42 Dealing with credit card interest
26:12 Making a payment towards your credit card in YNAB
29:03 Making multiple credit card payments
29:17 Pro tip for remembering your payment due date

______________________________________________

My Website: https://mappedoutmoney.com/

FOLLOW ME

Facebook:   / mappedoutmoney  
Instagram:   / mappedoutmoney  
Twitter:   / nickdtrue  

PS: If you have an Amazon Alexa, I just launched a brand new daily flash briefing called 30 Second Money. It would mean the world to me if you checked it out in your Alexa app.

https://www.amazon.com/ThirtySecond...