The Four Rules of YNAB
- Stop living paycheck-to-paycheck
- Give every dollar a job
- Save for a rainy day
- Roll with the punches
You probably understand the first three rules, they’re self explanatory, but that last rule, “Roll with the punches,” is what really motivates so many people to use YNAB. Budgets aren’t meant to be written in stone. Sometimes you DO have friends drop in from out of town, sometimes you DO need to buy a new pair of work shoes, sometimes you DO have to fly out of town to a funeral. Surprises happen, and when they do, most people who are already struggling to live within a budget just give up, or fall woefully behind. YNAB helps you get over those challenges in an intuitive, simple, and effective way.
YNAB doesn’t encourage you to give up saving for an emergency fund. No, you still fund your savings for emergencies and at the same time, all those little leaks that previously went unnoticed are plainly visible. Money you know about can be re-captured – and that is the beauty of YNAB.
You can try out their software FREE for 7 days and should you decide to buy, for a limited time, the great people at YNAB are giving readers of The Wisdom Journal a 10 percent discount if they use the coupon code “wisdom” at checkout. Additionally, I am giving away one copy of their software out of my own pocket to a randomly selected reader of this blog. All you have to do is leave a comment on one of my posts about this fantastic budgeting software (including the post you’re currently reading). Include a topic you’d like me to write about in the future and I’ll register your name for two entries! The drawing will be help February 1st!
Go ahead, leave a comment – what have you got to lose?