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Budget Burndown Revisited: How to Set and Reach Your 2022 Financial Goals

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Manage episode 315838889 series 10755
Content provided by YNAB and Jesse Mecham. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by YNAB and Jesse Mecham or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

It's that time of year again... time to burn it all down! The budget, that is. Every year Jesse "burns down" his budget, deleting all the categories and questioning whether the family could live without them. It's a fun thought experiment, especially with the typical must-have things.

Do you really need groceries every month? Of course you do, but what if you didn't do it? How would you survive? The point is not to figure out how to live without groceries, it's to ask the question and get your brain thinking about the deeply held assumptions you have about your consumption. At the end of the day, most of your categories will probably go back in. But hopefully, you'll rethink at least one thing in your budget, and find an opportunity to bring your spending more in line with your priorities in the New Year.

Sign up for a free 34-day trial of YNAB at www.youneedabudget.com

  continue reading

706 episodes

Artwork
iconShare
 
Manage episode 315838889 series 10755
Content provided by YNAB and Jesse Mecham. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by YNAB and Jesse Mecham or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

It's that time of year again... time to burn it all down! The budget, that is. Every year Jesse "burns down" his budget, deleting all the categories and questioning whether the family could live without them. It's a fun thought experiment, especially with the typical must-have things.

Do you really need groceries every month? Of course you do, but what if you didn't do it? How would you survive? The point is not to figure out how to live without groceries, it's to ask the question and get your brain thinking about the deeply held assumptions you have about your consumption. At the end of the day, most of your categories will probably go back in. But hopefully, you'll rethink at least one thing in your budget, and find an opportunity to bring your spending more in line with your priorities in the New Year.

Sign up for a free 34-day trial of YNAB at www.youneedabudget.com

  continue reading

706 episodes

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