#You need a budget help how to

I want to be clear that YNAB is not a set-it-and-forget-it solution. It does have an annual cost but it's well worth it for the benefits it has provided. I've used YNAB for a few years now and upgraded to nYNAB (the current subscription service) at the beginning of this year. Make sure to Google up a promo link for a free 3-4 month trial, and drop us a line at /r/YNAB if you get stuck! This is the video that made YNAB 'click' for a lot of people, myself included. the feeling of financial peace is indescribable.

Now that I've got myself to the place where all my bills are funded at the start of the month and major expenses like my upcoming brake job have money set aside well in advance. For example, if I've only got $10 left in my Groceries category and I want to go shopping, I have to either 1) stick to that limit, or 2) be honest with myself about which other category I'm removing funds from to cover my overspending. This creates a feeling of artificial scarcity once you train yourself to look at category balances instead of your bank account balance. YNAB operates on the fundamentally different concept that you only budget money that you have right now, and give every single one of those dollars a 'job'.

Most people run into problems because they try to use YNAB like a spreadsheet/Mint/other budgeting software. YNAB singlehandedly changed my finances and my life. Here, please treat others with respect, stay on-topic, and avoid self-promotion.Īlways do your own research before acting on any information or advice that you read on Reddit.

#You need a budget help how to

Get your financial house in order, learn how to better manage your money, and invest for your future. Private communication is not safe on Reddit.

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