Are you budgeting for YNAB?

If it’s your first year of YNAB, you might not have added a category for your YNAB subscription (particularly if you’re in your trial period!). It’s more economical to pay for an annual subscription, which is $99 (which amounts to $8.25 a month), than it is to pay monthly at $14.99 a month. And if you treat it like a True Expense (Rule Two), it should be painless.

I encourage you to set up a category for YNAB if you haven’t already in whatever category group you have for these non-monthly expenses. (Mine is called True Expenses but the newer template calls them Non-Monthly expenses and you may have a completely different name for these types of expenses.) Then set up a target. I use a Yearly Needed for Spending Target.

If you don’t know what day your YNAB subscription renews, in the desktop version of YNAB, just click on your budget name, then Account Settings and scroll down to Subscription. It will tell you when your subscription renews and how much you will be charged.

My YNAB subscription is one expense that I’m always happy to pay. And I’m even happier that the money is waiting for me in my budget!