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.
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!!