Controversial take - no budget. Split income into 3 or more buckets - savings, critical bills (rent, utilities, debt, etc), and discretionary. I manage as separate accounts.
Spend discretionary freely and enjoy the peace or mind that your financial future is secured by the first 2 buckets. If you run low, rice and beans til next paycheck.
No need to track coffee expenditures, you’ll realize during rice and beans week that you can make it at home.
No problem. I’ve got every account set to send me an alert on the lowest monetary value it supports (stupid AMEX with its $10 minimum), and I’ve got rules in my email to move those alerts into an Actual folder.
Then, I use my transaction fetcher to import the transactions from the email alerts into Actual. I look at Actual periodically to categorize the transactions.
It works pretty well for me at this point. I haven’t published the image to DockerHub yet, but i think it’s ready for an alpha image. Let me know if you have questions or need help (or want to contribute)!
Do your institutions send alerts with data in a consumable format? I’m in Canada, land of the shitty bank software and it seems I can only get PDFs from most places. I have one that doesn’t even let you download transactions outside of the monthly statement :(
I mean, for a given level of consumable. You can see in the TransactionFetcher.Readers.* libraries how I’m parsing the data out of HTML emails, which is less than optimal, but it works, at least until they change email formats and I have to make changes.
Your neighbors to the south also have shitty bank software, unfortunately.
Ever since YNABs price hike I wanted to have an alternative, but all were not really up there yet. For a few weeks, I am using ActualBudget which has been open-sourced by the developer and is actively maintained, including the „recently“ introduced support for goals :)
It‘s mooostly the same, except for the web app not yet being too mobile friendly. It works in horizontal orientation, though :) The sync via nordigen (goCardless now) also works properly.
Its basically like nYNAB when it launched, which was perfect for me. As of now, their [ynab’s] UI is getting more and more cluttered :) I can only recommend giving it a spin.