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
Debt and Pay Later Plans: An Independence Day Rant
What If Your Coworkers Weren't Stressed About Money?
Ask Jesse: How Do You Move On... From Budgeting?
Mid-Year Check In: Are You Still Clear On Things?
Ask Jesse: What Do I Do With My Investments Now?
Revisiting a Hot Take on Index Investing
How to Budget When Everything Is Expensive
Ask Jesse: How Should You Track Vacation Spending?
A Financial Roadmap for Marriage and Financial Separation with Attorneys Kelly Frawley and Emily Pollock
Better Budgeting... and a Rant about Banks
Ask Jesse: First-Time Home Buyer in a Crazy Market
Savings With a Purpose
EP16 Money Stories: First Responders and Finance, $78k Debt Paid off in 28 Months
Meet Todd: The CEO Behind YNAB
EP15 Money Stories: Unconventional Job? No Problem. A Lifetime of Budgeting Wisdom from Nina Clark
Ask Jesse All About Taxes
So You Want to Renovate Your Home...
15 vs 30 Year Mortgage: Which Is Actually Better?
EP14 Money Stories: How Mackenzie Uses YNAB to Navigate College, Study Abroad, and Multiple Currencies
Master Your Grocery Budget with Erin
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