![]() ![]() Even though we think we have a plan and are being specific, it’s too loosey goosey.īudgeting for the big things – food, mortgage, insurance, car, etc, and then have these very general over flow category such as “savings” or “incidentals,” is a recipe for a budgeting flop. That ends up being a problem, and we can’t understand how we got so off base. Too often with traditional budgeting, one looks at last years expenses, guestimates the amount needed for each category, and then assumes, if spending around the same dollar amount, our budget will come in on track. There’s such freedom in understanding and figuring out what that means for your family. With unemployment on the rise and so many people looking for jobs, what in the world does it mean to give our dollars a job?ĭollars are told what to do, and every dollar in our budget needs to have a task. Yes, budgeting is back, and you thought I forgot about this dreaded “B” word topic after my last post, didn’t you? I didn’t. Giving Every Dollar a Job is one of the most important financial decisions one makes to get their family finances in order. But after our year of unemployment and coming face to face with really tough financial circumstances, I couldn’t NOT get a handle on exactly where every dollar was going. I’m a free spirit and never did I think I could do this. We ran out of time for our “fun” fall budgeting segment, but here is a little more info on that dreaded topic – budgeting.įriends, for this Type Z (yes, as opposed to Type A) personality, this next topic is one of the hardest lessons that I had to learn. This budgeting method helps you be intentional about where your money goes.īelow, we review the You Need A Budget (YNAB) app to give you all the details on its features, including the tools, perks, safety, pricing, availability and ratings so you can decide if it is the right app for managing your money.Here’s a warm welcome to those visiting from the Hallmark Channel’s Home and Family show. This is known as the "zero-based budgeting system," where you assign every dollar a purpose in your budget. Instead of using traditional budgeting buckets, YNAB users map out a plan for every dollar. ![]() Out of a dozen-plus apps that CNBC Select compared when rating the best budgeting apps and best expense tracker apps, YNAB stood out for being the best app for serious budgeters. If you're the latter, then the You Need A Budget (YNAB) app is for you. Maybe you need an app that can also help curb your spending, save you money and put you on the fast track to debt payoff. Think about whether you want help tracking your incoming and outgoing cash, or if you want more than that. Consider your needs before settling on just any free budgeting app. ![]()
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