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I set up a short-term goal in YNAB to save, for in...
# budgeting
l
I set up a short-term goal in YNAB to save, for instance, for a piece of jewelry. Once I reached the goal and purchased the jewelry, how should I categorize the spending? Do you record it as an expense (e.g., under “Shopping” or “Personal”), or is there a better way to handle purchases that were tied to a goal?
m
I wouldn't recategorize it. I would keep the category alive for the future date where you plan to save for jewlery again
if you are making categories that are too narrow, i would try to think broader maybe around the emotion goal you are trying to accomplish with the purchase
in order to create broader more reusable categories
like i have a shalom bayis category
l
Thanks
m
👍
b
Can you explain a bit more why you prefer reusable categories? How is a broad shalom bayis category that's a dumping grounds, better than narrow categories created and destroyed on the fly?
I mean, things shift, situations come and go
m
the goal is to align my spending to my values. if i am trying to do historical trends to make sure i am aligning the right proportion, then deleting cateogries doesn't help.
but they are not 1 time purchases, they are things that i plan to have long term, like shalom bayis
it doesn't become a dumping ground, it becomes a place where my wife and I can geniunely sit down, review our spending by what we value, and see how we are doing. if you delete categories, you remove the ability to have any sort of retrospective
b
I see what you mean 👍
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