Your Money Isn’t Old Enough. Here is the problem: I want to send 10% of my earnings to the Savings Account to build a emergency fund there. ... you need to make the savings account a "tracking" account. Over the next 9 months I will open the other three CDs. You’d sleep well at night, wouldn’t you? Lots of people without a budget keep dozens of different chequing & savings accounts as a way to make it harder for them to access their money. Roth IRA. The golden path 1 Log onto your bank’s website and check your current balance. That was a few months after I started using YNAB. Keep in mind that some financial institutions include pending transactions in the current account balance, while in YNAB those should only make up your Uncleared balance. I'm thankful YNAB (and all of you) helped teach me a new definition of financial security. But because you were simply far enough ahead that the money to pay your bill arrived a few weeks before the bill itself. Where should I keep my emergency savings? Same. Your emergency fund should be liquid, meaning you need to keep it in a place where you can get to it easily and quickly.The best option is a simple checking account or money market account that comes with a debit card or check-writing privileges. If the receiving account is the only one set up in YNAB, it's an income transaction. My emergency fund is off budget as a tracking account. But just as an experiment, I'm tracking all my investment accounts using YNAB. There’s a ton of information out there on emergency funds and why it’s important to have one. ... YNAB doesn't care "where" your money lives, but just that you have access to it. The primary reason I posted this is before finding YNAB I was a huge Dave Ramsey fan pushing through debt. Imagine never having to worry about paying a bill. Not because you won the lottery. The actual funds are being moved into a one year CD ladder; I only have 1 CD currently and the rest of the money is an Ally savings account that pays over 2% APY. His program works for a lot of people and really helped us. The more you use YNAB, the more you’ll see that having more accounts only adds unneeded complexity. 2 In the YNAB web app, click Reconcile Account at the top of your account register. However, Dave's $1,000 emergency fund would have had my anxiety through the roof right now. For now, just remember that the location of your money doesn’t … 3 Organizing and Tracking Your Reimbursements Looking for a way to organize and track your reimbursements so you know when to expect them – and if they have arrived? Just to preface this comment, I wouldn't really recommend using YNAB to track investments. A reimbursement is nothing more than a scheduled income transaction, so you can use the Scheduled Transactions feature to help you stay on top of them. If you've made a transfer between real-world accounts and both of those accounts are set up in YNAB, you'll be making a transfer in the app. YNAB's focus and core strengths lie in budgeting. Too many people find themselves in the opposite situation – with a pile of bills, waiting for more money to arrive. Keep in mind, too, that more accounts means more moving parts to keep track of. I have categories set up for each kind of retirement account I contribute to on an after-tax basis, i.e. So, I ended up taking my emergency fund out of CapitalOne360, and threw enough into my checking account to be one paycheck ahead (per YNAB… Entering a Transfer 1 Select the account … I’m not sure YNAB “wants” you to do anything, it’s just that, when using its method, you don’t need to separate your savings in a different account because it’s already separated in a different category. 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