Reconcile Your Bank Rollovers with Monarch Money

Описание: Hi friends! Today, I'm showing you an in-depth tutorial on how I reconcile my bank balance rollovers with Monarch Money at the end of every month, and how I use that to inform my budget for the next month.

I've mentioned this process in my monthly budget reviews (here's the playlist:    • My Journey | Monthly Budget Reviews  , but some of you have requested a full video, so here it is!

Let me know in the comments if you have any questions, and I'll see you all in the next one! Much love 💚

#budgeting #BankRollovers #MonarchMoney

--
☾ a b o u t m e
Age: 27
Gross Annual Salary: $50k
Location: Virginia Metro Area
Context: Living with roommate

☾ t i m e s t a m p s
0:00 Intro & Disclaimers
0:35 What is a rollover?
0:55 Monarch Money's Expense Rollover Feature
3:47 My Pay Periods
5:05 Budget Structure for Rollovers
5:57 Creating the Budget Structure
6:56 Adding Rollover From Last Month
8:47 Setting Spending Budgets
9:05 Reviewing Spending Budgets
11:52 Reconciling Our Bank Balance
13:23 Troubleshooting Transfers
14:31 Solution 1: Placeholder Category
15:23 Solution 2: Goal Category
18:50 Finalizing the Bank Rollover
20:19 Bi-Weekly/Weekly Reconciliations
22:17 Outro

☾ p e o p l e / r e s o u r c e s m e n t i o n e d
Sinking Funds Tutorial:
   • Sinking Funds in Monarch Money | 2024 Fina...  

Monarch Money: Get a FREE 30-Day Trial AND 50% off your first year! Use the code MINT50
https://shorturl.at/asAQR

If you just want the 30-day trial, use this link:
https://www.monarchmoney.com/referral...

☾ m u s i c
Music: "Butterflies" by prodbybsvs
   • (FREE) Sabrina Claudio Type Beat x Alina B...  

☾ m y s h o p
Visit my link below to see all my digital products, including FREE templates!
https://www.pinnotpaper.com
✨ Use the code 'YOUTUBE' for 10% off!✨

☾ c o n n e c t w i t h m e
I'm Taylor, a graphic designer sharing templates to help you build a healthy relationship with your money 🤗

Website: htttps://www.pinnotpaper.com
Support me on Ko-fi: https://ko-fi.com/pinnotpaper
Email: [email protected]

Disclaimer: Pin Not Paper is not a financial advisor. All content, products and services are for entertainment purposes only and should not replace the advice of your certified financial planner.

--

☾ t e c h i n f o
Phone: iPhone XR
Laptop: Macbook Air
Video Editing Software: Descript
Graphic Design Software: Canva

☾ s u b c o u n t: 904