![]() ![]() However, you’re encouraged to adjust each month’s budget as you go, so there’s always scope to bring your budget in line with your actual spending. One month we spent more on books than we expected and much less than anticipated on groceries, for example. Over the three months we budgeted, our expenditure in various categories didn’t always tally with the budget. It can feel a little odd if you’re not used to controlling your spending in this way, so we studied how spent our money worked out a budget. The intention is that every pound be accounted for in advance, so you’re less inclined to spend money at random simply because it’s in your account or your pocket. You set your budget on a month-by-month basis. For example, we gave ourselves a budget to spend on games, and created a savings entry to help us save money for next year's festival tickets. You can most easily make savings on non-essential expenses. Your budget shouldn't be restricted to just the basic essentials unless that's all you spend money on. You can create as many master categories and sub-categories as you need. Each master category has sub-categories, so our coffee fund and expected monthly grocery shop are filed as everyday expenses while our rent and utilities go under monthly bills. Expenses are split into Master Categories such as monthly bills, everyday expenses, savings goals and rainy day funds. YNAB's tutorials also provide guidance on how to categorise things. Breakdown your spending by category or see it all on a big sheet ![]()
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