8 min

Rule Two Reviewed You Need A Budget (YNAB)

    • Education

It's back to basics time! Rule Two in the YNAB method is "embrace your future expenses." In short, think about the things you will have to buy or pay for in the future, and act on them NOW. Car going to need new tires in six months? Don't wait till they need replacing to budget for them, start budgeting now! Save a portion of the replacement cost each month until you've reached the replacement cost for those tires.
 
Really Rule Two is Rule One again, give every dollar a job. You're giving your dollars jobs today, to pay for expenses tomorrow.
 
 
Got a question for Jesse? Send him an email:
askjesse@ynab.com
 
Sign up for a free 34-day trial of YNAB at www.youneedabudget.com

It's back to basics time! Rule Two in the YNAB method is "embrace your future expenses." In short, think about the things you will have to buy or pay for in the future, and act on them NOW. Car going to need new tires in six months? Don't wait till they need replacing to budget for them, start budgeting now! Save a portion of the replacement cost each month until you've reached the replacement cost for those tires.
 
Really Rule Two is Rule One again, give every dollar a job. You're giving your dollars jobs today, to pay for expenses tomorrow.
 
 
Got a question for Jesse? Send him an email:
askjesse@ynab.com
 
Sign up for a free 34-day trial of YNAB at www.youneedabudget.com

8 min

Top Podcasts In Education

Mel Robbins
The Atlantic
Dr. Jordan B. Peterson
Sony Music Entertainment / Jonathan Van Ness
Lauryn Bosstick & Michael Bosstick / Dear Media
TED