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About Reimbursements in YNAB (Work, Roommates, Friends, + more)
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A step-by-step guide to show you exactly how to handle reimbursements in YNAB. Whether you get reimbursements from work, your roommates, your friends, or your family, this video will show you how to set it up with YNAB. YNAB Getting Started Beginner's Checklist: https://mappedoutmoney.com/ynab-beginners-checklist/ YNAB Affiliate Link: (get two months free) https://mappedoutmoney.com/ynab Need 1:1 YNAB help? Check out my YNAB Coaching Service. https://mappedoutmoney.com/ynab-coaching/ YNAB Playlist: How To Use YNAB And Budget Like A Pro https://www.youtube.com/playlist?list=PLHokQCjONqvY6Jk38CV5avo4Di94SMwK8 YNAB Credit Card Guide: https://www.youtube.com/watch?v=2Ix0Jibc0Lw&list=PLHokQCjONqvY6Jk38CV5avo4Di94SMwK8&index=4 To understand reimbursements in YNAB, you need to understand the three foundational concepts. 1) Create a category group for reimbursements and a new reimbursement category for each type. 2) Learn how to do "split" transactions so that you can categorize spending to different places. 3) Remember to always budget the inflow from a reimbursement directly to the reimbursement category and not as "inflow to be budgeted." Once you have these three steps down, you'll be able to handle just about any reimbursement situation in YNAB. Quick Jump Sections 0:55 The three pillars that make the foundation for reimbursements 2:51 Reimbursements with friends 5:27 Reimbursements with a group of friends 7:45 Reimbursements on vacation with friends or family 11:06 Reimbursements for work 13:40 Reimbursements with your roommates 22:00 Frequently asked questions about reimbursements 22:10 Should you cover the spending for your reimbursements or just let it be overspending? 23:56 What to do if you don't get reimbursed until the next month 25:55 What to do if someone reimburses you with cash ______________________________ My Website: https://mappedoutmoney.com/ Intro by: Ant Bandit https://youtube.com/antbandit FOLLOW ME Facebook: https://www.facebook.com/mappedoutmoney Instagram: https://www.instagram.com/mappedoutmoney Twitter: https://twitter.com/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/Thirty-Second-Money-Nick-True/dp/B077NQM3FG/ref=cm_cr_arp_d_product_top?ie=UTF8
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