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Rule Four, as I’ve talked about before, is budgeting bliss, your money Mecca. It’ll let you sleep better. You’ll be able to handle variable income with ease. Your bill-paying process will be studied by Harvard Business School students as a case for efficiency and effectiveness.
My guess is that you spend 4-8 hours per month “managing” your money. I use the word “managing” with plenty of definitional slack.
My dear mother-in-law bought my oldest son (6 1/2), a bank that has three sections: Tithing (10%) Savings (45%) Fun Money (45%) It’s a budget :) My 4 1/2-year-old doesn’t have a bank yet (anyone have any recommendations on a good one that’s sturdy? And preferably makes only Fun Money and Tithing accessi
As the YNAB Team, we’ve been living and breathing YNAB 4 and its evolution for the past 18 months. We’ve debated minutiae that would drive most of you insane (“This is a pixel off.")
A couple of my recent posts have mentioned Rule One. Yesterday’s sparked a conversation with a good friend who told me he’s been breaking Rule One without even realizing it (which I’ve also done).
I hate debt, and the reasons might surprise you. Learn how debt restricts financial freedom through the lens of the YNAB Method.