Twice Monthly Investment Transfers
EDIT: thank you all for your feedback! I decided to just switch my recurring transfer to once a month at the end of the month. I’ve realized that having the transfer setup to be the day after payday is unnecessary now that I have YNAB and won’t have to worry about the money not being there if I make the transfer at the end of the month. Thanks for your help!
I’m relatively new to YNAB, and LOVING it so far. I only have one hang up that I’m hoping some of you can help me solve.
I get paid biweekly, and have an auto-transfer setup (I need my savings to be automatic to ensure it happens) from my checking account into my brokerage account biweekly on the day after payday.
I have a budget category called “Transfer to Brokerage”, but you can’t setup a biweekly “needed for spending” target. Instead I have a monthly target of the total amount. I also setup a recurring transaction so I know that it’s coming.
My issue is that I prefer to manually assign from the web version on my computer (because I am still learning and because I find it fun) and I go down the list and fund all of the categories that are due before my next paycheck. But the “Transfer to Brokerage” category doesn’t show any obvious indication that there will be a transaction prior to my next pay day. You’d have to scroll down on the menu. And the category only says due by the 31st.
Any advice how to make this easier to remember to set aside that money from each paycheck??