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Before we had kids, after work, we just had to come home and for hours and hours and hours we could do whatever we wanted.
If you are looking for someone to tell you what to do with your money, there are no shortage of people waving their arms, jumping up and down and barking commands. And the internet.
The more money we have saved, the more we budget for the future, and the more respect we have for every dollar, the more options we have.
Today, I want to talk, just briefly, about bench pressing and budgeting. I bring up bench pressing, not because it's the most useful lift; it's not. (Everyone knows that's the squat.) But the bench press is the most popular, especially if you're a high school boy.
An open "Money Letter" to my kids about managing time and money, priorities, and of course—the Power Rangers factor.
Do you have a few crazy, impossible dreams, that may or may not be all that crazy after all? Add them to your budget and see what happens.
You, yes, you, always need a budget, but I find it especially important on Black Friday. Whether or not you partake in the madness that is Black Friday, I hope you’ll think about the real danger behind the frenzy: your rapidly changing priorities.
It’s no secret that I’m not a fan of debt. I hate it. Debt messes with your priorities. Stop robbing future you by accumulating debt.
Is there such a thing as a perfect budget? How about an ideal budget? YNAB teacher Dave breaks it down for you...
Give your kids their own budgets. You might even be surprised about what you learn from them about how to fine tune your own budget.
Budgeting and forecasting are not created equal. Budgeting is planning how you will use money that you have on-hand. Forecasting is planning how you will spend money you think you will have—you hope you will have—in the future. As a result, budgeting tends to be more realistic.
I went from borrower to a saver after learning how to align my money with my priorities. It changed everything.
There are ways we can assess whether debt is good or bad. We all know that rules are meant for exceptions so please see these as guidelines.
I’m writing this on behalf of your friendly YNAB education team (Malisa, Lee, Sherri, Todd, Ronna and Dave). We love teaching you about YNAB. We love hearing where you’re from and reaching folks across the globe.
If you’re a personal finance junkie like me, you’ll get a lot of value out of the first half of the book, The One Page Financial Plan.