You Need A Budget (ynab)

It's common to set milestones for paying down debt. They're usually big, round numbers like $500, $1k, $5k, $10k. At the end of the day though, the goals are arbitrary. It's just a number, a stepping stone, toward the greater goal.   So if the day to day grind of fiscal responsibility is getting to you, change your milestones! Maybe it's $749, or $362.54. It's all arbitrary, right? Have fun with the game, and make it work for you. Set a new milestone -- whatever you like -- and celebrate when you reach that new number.   Sign up for a free 34-day trial of YNAB at www.youneedabudget.com

How do you order your categories? What's on top? What's on bottom? And how did you decide that?   Categories are easy to order once you understand your priorities. Rent, utilities, food -- these are non-negotiable. You can and should, however, drill down into the details of each category and ask yourself whether you could live without some of the expenses in that category. You need utilities to live, clearly, but if pushed, what would you keep and what would you cut? Could you live without internet if you had to?   Once you understand which categories sit above the line (necessities) and which sit below the line, then you can total up how much you spend on "below the line" items. Then ask yourself: do you want any of this money to go to above the line items?   Try this exercise to clarify your budget and see whether your budget is in line with your priorities.     Sign up for a free 34-day trial of YNAB at www.youneedabudget.com

Why do we become desensitized to the upticks in price of just about everything?     Sign up for a free 34-day trial of YNAB at www.youneedabudget.com

"We could spend less if we wanted to."     Sign up for a free 34-day trial of YNAB at www.youneedabudget.com

New feature alert: two factor authentication     Sign up for a free 34-day trial of YNAB at www.youneedabudget.com

Everyone is getting into the lending money game. Sign up for a free 34-day trial of YNAB at www.youneedabudget.com

Jesse discusses payroll advance apps.     Sign up for a free 34-day trial of YNAB at www.youneedabudget.com

Jesse discusses payroll advances in relation to age of money.     Sign up for a free 34-day trial of YNAB at www.youneedabudget.com

Jesse goes back to basics and breaks down YNAB's Rule Four: Age Your Money     Sign up for a free 34-day trial of YNAB at www.youneedabudget.com

Jesse goes back to basics and breaks down YNAB's Rule Three: Roll With The Punches     Sign up for a free 34-day trial of YNAB at www.youneedabudget.com

Jesse goes back to basics and breaks down YNAB's Rule Two: Embrace Your True Expenses Sign up for a free 34-day trial of YNAB at www.youneedabudget.com

Jesse goes back to basics and breaks down YNAB's Rule One: Give Every Dollar A Job. Sign up for a free 34-day trial of YNAB at www.youneedabudget.com

How do we curb the immediacy bias with DIY?     Sign up for a free 34-day trial of YNAB at www.youneedabudget.com

How many dollars are you sending to your retirement fund? Sign up for a free 34-day trial of YNAB at www.youneedabudget.com

Jesse reviews the automated investing app, Acorns. Sign up for a free 34-day trial of YNAB at www.youneedabudget.com

The rock solid measure of whether or not you're succeeding Sign up for a free 34-day trial of YNAB at www.youneedabudget.com

Jesse takes issue with a phrase we use when it comes to spending money on children. Sign up for a free 34-day trial of YNAB at www.youneedabudget.com

Jesse interview's authors and married couple Kristy Shen, Bryce Leung about their book—available today—Quit Like a Millionaire: No Gimmicks, Luck, or Trust Fund Required. Sign up for a free 34-day trial of YNAB at www.youneedabudget.com

One simple question—should you start your budget over? Sign up for a free 34-day trial of YNAB at www.youneedabudget.com

A follow up to episode 331, Sacreligious Budgeting. Sign up for a free 34-day trial of YNAB at www.youneedabudget.com