About this episode
In today's episode, Ben and Ernie discuss what to do with cold, hard cash money. For many YNAB'ers debit and credit card spending fits nicely into the YNAB paradigm, since YNAB can interface directly with financial institutions and pull online banking data. Cash transactions, on the other hand, can create a stumbling block since they exist outside the easily trackable, traceable online banking system. Some decide to just not track cash at all. Cash is money, however, and it probably should be part of your spending plan, so Ben and Ernie recommend tracking it in YNAB. It's not that hard!
There are essentially two ways to track cash in YNAB: in a "cash" category, or in a cash account (there's a special cash account type you can select in YNAB). Ben and Ernie break down the pros and cons to each approach.
Share your YNAB wins with Ben and Ernie!
Follow Budget Nerds on YouTube:
Get every episode summarized
Each time Budget Nerds publishes, we email you a written briefing from the transcript — the topics, who appeared, and any specific claims, with the ad reads skipped.
Email me new episodesFree for 3 shows. No card needed.
Hosts & guests
No transcript yet
This episode has not been transcribed. Request it and it moves to the front of the queue.
More episodes
More from Budget Nerds
#139 - Sixteen YNAB Features Hidden in Plain Sight
Budget Nerds
We'll Be Back Next Week!
Budget Nerds
#138 - Our Biggest Wins Episode Yet: 22 Epic YNAB Wins
Budget Nerds
#137 - Patching vs (re)Building Your Money Habits
Budget Nerds