You Need A Budget (YNAB)

If you made it through the last few weeks, you know why Jesse hates debt and why you should too!

 

Start the New Year by putting those feelings into action. Jesse has created a "debt bootcamp" for YNAB users to help you get serious about getting rid of your debt for good. Best of all, it's FREE for all YNAB software subscribers.

 

The Debt Bootcamp will be an intense, 8-week challenge to get rid of as much debt as possible. The camp will be run through a private Facebook group where you can stay accountable with other YNAB'ers and share your successes and challenges.

 

Go to https://www.youneedabudget.com/bootcamp/ to sign up now!

 

 

Direct download: 409_YNAB_Debt_Bootcamp.mp3
Category:general -- posted at: 12:00am EDT

The corporations are playing a game, and you can't win. So opt out and stop playing the game! In the part 4 of the "Why I Hate Debt" miniseries, Jesse explains how behind every credit card is a clever system of points, travel miles, and other "free" rewards designed to keep you spending and in debt.

 

Credit cards are a very profitable industry. Would banks and finance companies be giving away rewards if they weren't making a profit from it? Of course not! They've got the data, they've studied the statistics, and they know people will drive themselves into debt, where they can rack up fees and interest.

 

So join Jesse, stop playing the game, and start hating debt!

 

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

Direct download: 408_Why_I_Hate_Debt_Pt4_Corporations.mp3
Category:general -- posted at: 12:00am EDT

Jesse hates debt, and you should too! In Part 3 of anti-debt miniseries, Jesse argues that debt is not just a drain on our cash flow and creativity, it also restricts our future opportunities!

 

The burden of debt keeps us from realizing our full potential in many ways -- starting a business, taking a lower paying job for more fulfilling work, moving to a new state or country -- often in the early phases of life when we are most energetic and open to growth.

 

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

Direct download: 407_Why_I_Hate_Debt_Pt3_Cost_of_Opportunity.mp3
Category:general -- posted at: 12:00am EDT

In Part 2 of the Why I Hate Debt miniseries, Jesse explains why debt is a non-negotiable for him, and why is should be for you too.

 

At 22 years old, trying to finish his Masters degree and expecting his first child, Jesse found himself caught between two non-negotiables: 1.) Living without debt, and 2.) Allowing his wife to quit work to focus on raising their child. The problem? They didn’t have enough money to last until Jesse started working his new job after graduation, even living a very frugal existence.

 

At this point, it would have been so easy to simply sign for a student loan to cover the shortfall. It was only about $7,000. Other students around him were borrowing far more. The interest rates were low, the payback period would be short… debt was the easy way out.

 

But choosing to borrow would have blinded Jesse to the possibility of another solution, another way to make up the shortfall. The constraints of his non-negotiables led him to start selling his budgeting spreadsheet, which eventually turned into You Need A Budget.

 

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

Direct download: 406_Why_I_Hate_Debt_Pt2_Constraints.mp3
Category:general -- posted at: 12:00am EDT

Jesse hates debt, and you should too. Debt service constricts our cash flow, limits out ability to do other things like savings and investing, and generally introduces more stress into our lives. In this first part of a mini-series on debt, Jesse makes a case for living completely debt-free.

 

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

 

Direct download: 405_Why_I_Hate_Debt_Cash.mp3
Category:general -- posted at: 12:00am EDT

Some of you may be thinking, YNAB sounds great, but what if I don't get a regular paycheck? How am I supposed to budget with that?

Well, first off, you definitely need a budget! Planning to fund your expenses in future months becomes more critical the more variable your income is.

 

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

Direct download: 404_Handling_Wildly_Variable_Income.mp3
Category:general -- posted at: 12:00am EDT