It's that time of year again... time to burn it all down! The budget, that is. Every year Jesse "burns down" his budget, deleting all the categories and questioning whether the family could live without them. It's a fun thought experiment, especially with the typical must-have things.
Do you really need groceries every month? Of course you do, but what if you didn't do it? How would you survive? The point is not to figure out how to live without groceries, it's to ask the question and get your brain thinking about the deeply held assumptions you have about your consumption. At the end of the day, most of your categories will probably go back in. But hopefully, you'll rethink at least one thing in your budget, and find an opportunity to bring your spending more in line with your priorities in the New Year.
Sign up for a free 34-day trial of YNAB at www.youneedabudget.com
Ask Jesse: Catching Up
An Experiment Made Permanent
When Expenses Rise: Ben Rolls With the Punches
Money Stress
Rules Changes: A Quick Trip Through YNAB History
How to Talk to Your Partner About Budgeting
Managing Vacation Transactions
How Often Should You Reconcile?
Leaving Margin for Life
One Easy Trick to Boost Your Retirement Savings
This Question Doesn't Have to Be Scary: Can I Afford This?
A Different Take on Credit Cards
Paying Off Debt the Sustainable Way
Rule Four Reviewed
Rule Three Reviewed
Rule Two Reviewed
Rule One Reviewed
A Mother's Method for Living Well (Contest Announcement!)
What's In Your Financial Shovel of Dirt?
Giving Future You A Bit More Negotiation Ammo
Create your
podcast in
minutes
It is Free
We Study Billionaires - The Investor’s Podcast Network
Money Girl
So Money with Farnoosh Torabi
Money Tree Investing
The Disciplined Investor