RULE 3: ROLL WITH THE PUNCHES

The Story of YNAB - From Rags to ReasonableThis is why the folks at YNAB are genius. This rule is essential because it addresses the main issue with all budgeting. User error.

You will screw up. It took me forever to figure out what I was spending money on, and where I wanted it to go. I still overspend in categories all the time.

Your budget can’t be rigid. Especially you. Artist. Storyteller. Creative Professional. You are not rigid, neither is your financial plan. You don’t need to be bang on to all of your categories. Life is crazy. You must react. But the great thing about this software is that it makes you see the consequences of your actions.

If I go over in this area, I have to take from another category. Money is finite. You may not have your cake and eat it too. YNAB uses the term “Flexible, but Responsible” and I think that’s perfect.

This is where YNAB really shines. It’s a really easy interface, you can see where you go over, it’s easy to move money from one category to the other, or even shunt it to next month. But that nasty red number will be irking you until you get rid of it.

RECOMMENDED: PLANNING TO BE SPONTANEOUS: HOW BUDGETING FREED ME UP TO BE IN THE MOMENT.  

How the ‘Rule 3’ life will make you feel:

Rule 3 is where the artist meets the budget. You can have a flexible, spontaneous AND budgeted life. But you’ve got to build a budget that ‘rolls with the punches’.

This rule… takes the pressure off. The pressure to nail it, to be perfect, the pressure that a budget has to be the same every month (or every week).

You’ve been given creative license. Build a budget that works for you!!

NOW THE BIG ONE… RULE 4 –>


LEARN MORE ABOUT YNAB: THE BUDGET HERO THAT EVERY ARTIST DESERVES

Trackbacks/Pingbacks

  1. #Adulting - How to live in the real world - […] have to learn to roll with the punches. The guys from Rags To Reasonable said it best “You will…

Submit a Comment

Your email address will not be published. Required fields are marked *

EMAIL ME