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
Paid In Full, But Always in Debt
Jesse Chats with a Guy Who Has Never Used a Credit Card
Ask Jesse: Talk Slower, Pay Down Debt Faster
Rule One and the Pursuit of Nothing
Expensive Is a Lazy Word
Ask Jesse: Travel Hacking, Credit Cards, and YNAB'er Experiences
Rule One and DIY FTW
Debit vs Credit Card Smackdown (and a Rant)
Ask Jesse: Save for Cars or Pay Down Mortgage, Debt Consolidation, and How Do You Know When to Spend?
One Thing That Tells You You're Doing Money Right
A Major Downside to Not Having Money Stress
Ask Jesse: Doubling Income, Real Estate, Debit Card Fraud Prevention
Ask Jesse: More on Credit Cards, Tracking 401k in YNAB, and Paying Off Student Loans
Now Burn It All Down Again
Don't Make Big Changes, People!
A Strategy for the Holidays in 2023
Every Gift I'm Giving Julie, Forever
Ask Jesse: Tracking 401k in YNAB, Early Retirement Budgeting, Advisors, and More
You Spend More Money with Credit Cards
The Different Tenses of Money
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