The Money Mustache Community
General Discussion => Share Your Badassity => Topic started by: staceydee on February 16, 2017, 12:40:04 PM
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Check out the article i just wrote about ynab! http://www.demirviews.com/2017/02/16/ynab-you-need-a-budget/
it has really helped me become more financially responsible!
anyone else write a blog or article? i would love to read it
let me know what u all think about it
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did anyone visit/? what were your thoughts?
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I read it! The "rules" you listed are interesting... I took them as more of mindsets rather than specific advice but you got more specific in talking about moving your leftover money to the next week's budget, so OK sure. In all I get that you are excited about the product and finding is easy to use and helpful for your budgeting! Yay!
I actually have been using YNAB off and on for a few years now (since 2014 I guess) but I guess I use it a bit differently. I find that the Budgeting section is a waste of time for me to fill out and balance on a monthly basis because we aren't living paycheck to paycheck and our expenses end up less than our income, so there is always money getting carried over, and always way more available to budget then we are actually going to be spending.
HOWEVER, it is really interesting to look at the Budgeting section if I treat it as a report, or a snapshot of how much money I am spending on what, which I can peruse by category and analyze, and then make decisions for future spending. I have separate categories for non-fluctuating bills (the total of which should always be the same every single month), fluctuating bills (like electricity and transportation), "wants", and "rainy day funds" like tickets, vacations, conventions and car repairs.
The best thing I like about YNAB is being able to see all of your accounts and update them whenever you want (monthly, give or take) and see all sorts of reports including your "net worth" and how it has changed over time.