*The following is part 4 of a year-long series. If you want to start from the beginning, learn about who Lindsay is, and check out how much debt she started with… check out PART 1.*
Well, friends, remember that time I was going to try and pay off over $1000 this month?
That didn’t even happen a little bit.
May ended up being a crazy busy month – it flew by before I realized it had even started. Along with it being busy work wise, I’ve found myself a bit, well… distracted as of late. So I didn’t budget. And then the month ended. And then I found out I only had $490 to pay towards my debt… so that’s where I’m at. UGH!
The amazing thing about failures is that they have the ability to become amazing learning experiences. The biggest thing I learned from last month, is that I seriously… SERIOUSLY! need to use a budget.
I’ve been using YNAB (à la Chris) for about 8 months or so now, and I use it fairly consistently. To be honest, I thought it was a good thing to have, but I didn’t really understand why it was important. (I’m on top of my finances because I use budgeting software! Look at me! Gold star!)
I basically never stick to my budget. I constantly adjust and move amounts and overspend – it’s pretty much always in flux. So if I was adjusting it all the time, it really didn’t matter that much, right?