This rule is the idea of budgeting ahead for infrequent expenses. This is what it means to create a “Zero-Based Budget”, since your “To Be Budgeted” amount should equal ZERO after giving all dollars a job.Īnd speaking of Savings Buckets… Rule # 2 – Embrace Your True Expenses The rest goes toward your Savings Buckets and Goals. Most of this will be toward your expenses (bills, spending, debt, etc.). YNAB is designed to follow the Four Rules Of Budgeting Rule # 1 – Give Every Dollar A Job And it is built on the principle of “living on last month’s income”, which is exactly what I teach others to do in my Personal Finance 101 Guide. It requires you to ONLY budget money you actually have, and to give every dollar a job.
YNAB BUDGETING SOFTWARE
YNAB is a zero-based budgeting software that gives you (almost) complete control of your budget, and is probably my favorite budgeting software on the market today. It grew quickly, and based on their 4 Rules of Budgeting, has helped thousands and thousands of people take back control of their money.
After 3 years, he partnered with a developer and created the first stand-alone software version of YNAB. YNAB is the brain-child of Jesse Mecham, a spreadsheet nerd (like myself) who built his budgeting spreadsheet in 2003, and started selling it.
0 kommentar(er)
