While it is available in the UK, you might struggle to pair your British bank accounts with the YNAB app. 3 Gray Android If I understand what you've suggested correctly, a big drawback of that approach is that you cannot make a plan for any of those overdraft funds. Takes a village, right? Edit Account Name & Notes. My checking account will be out of balance by the overdraft amount, but it's easier for me to keep track of with a calculator, and I know when the balance on the 'credit card' reaches 0, my checking account should match exactly again.. My thinking is that this would slowly reduce the amount of "Available to Budget", and thus, pay off the Cash Account until you reach £0, and then you're budgeting with your own actual cash? Decide what you want to do with each dollar that comes into your bank accountbefore you spend it. 2. Record transfers as they happen between checking and the HELOC accounts. Hi Orange Battery ! (Reallocate from the Overdraft Reserve category as a last resort). Reconciliation Balance Adjustment. I have set up the cash accounts as you have described, budgeted for my upcoming payments & overspend to the end of January then placed all remaining OD into the OD reserve. Then treat every €, ¥ or £ spent within these limits as that what it is – "future money," hence once I would tap my granted, my money's age would go negative. I don’t register this. There are three types of goals in YNAB: Plan Your Spending, Build Your Savings, andCredit Card goals. But if I "park" my income in the HELOC, I lose budgeting capability. Offset accounts like you're describing are usually recommended by our team for Line of Credit accounts. This is useful to see when a scheduled outflow in checking might necessitate a transfer from the HELOC. I've done smaller manual adjustments in the past, of a few hundred dollars, but now it's way off. A 100k balance in a regular mortgage at 4% would require a 80k balance at 5% for the interest to be the same... before you even start saving any money over a regular mortgage using paycheck parking. I can manage much better and work on getting out of my debt, rather than only tracking spending and getting depressed. Once you are certain you don't need those funds, you can "spend" them to get them out of YNAB completely with a single transaction for the entire balance. When the numbers don't match your bank's current record, click continue, then "Create Adjustment & Finish". We do appreciate it! :), Follow YNAB to get support and lots of great ideas on budgeting. The fact those OD funds are in the Reserve category means they are NOT in your regular categories. Many people come to YNAB for the debt freedom, but they stay for the budgeting freedom. At this point, however, I'm not sure you would want to use those OD funds on a regular basis, and therefore wouldn't want to budget those overdraft funds. dakinemaui thank you. I understand now. The negative account, OTOH, is the amount of overdraft money that you've already used/spent. There’s no money to budget. Obviously, you used to be able to handle and overdraft in pre-YNAB debt, and that was great, but I struggled to work out how to do this in new YNAB. They are basically an Interest Only Mortgage that acts like a  checking account. I have to account for that in order to keep the account balance correct. Maroon Clarinet Were you able to get this figured out? Or 2. Hi Ruff16965 (05bd62cee897) ! We have just changed to an offset sort of account for part of our mortgage. Lines of credit can be closed, reduced or called at any time, particularly when you need the money most. For the US-style overdraft protection, you would have 3 accounts: checking (positive balance), overdraft protection (negative balance), and overdraft limit/ceiling (positive balance). However, you can manually enter your account balance and details which will allow you to use the app’s features properly. dakinemaui Thank you for this! IMHO, you might as well use Mint if the budget section is going to be useless. For example, set a goal to have $20,000 budgeted for a house down payment and YNAB will help you track your progress. When I started my budget I put "Available Balance" instead of my "Actual Balance". 2 Make sure the web address you use to log into your online banking matches the web address you see in YNAB's financial institution search list. 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