Download You Need a Budget by Jesse Mecham Pdf book free online. For the most part, budgeting evokes the same emotions as, say, prison or dieting. Your immediate reaction, however, is completely incorrect. You simply haven’t budgeted properly. GET FREE AUDIOBOOK
You Need a Budget will teach you four basic guidelines that will change the way you think about money management forever. You’ll be able to break the paycheck-to-paycheck cycle, get out of debt, and save more money if you stick to a budget. A budget that is liberating, enabling, and empowering will make you feel more free, not more limited. The four rules that govern the YNAB philosophy are as follows:
- Every dollar should have a job. Assign jobs to the money in your cash, checking, and savings accounts. Begin with what you have on hand right now. Then stick to your strategy. Choose your priorities and make sure your money is helping you get closer to the things that matter most to you.
- Accept your true costs. Prepare for the bigger, less frequent expenses that tend to sneak up on you. Divide those costs into monthly sums that are more reasonable. Consider insurance premiums, birthdays, holidays, charitable contributions, and car repairs, among other things. This approach balances your monetary withdrawals, reduces stress, and aids in improved decision-making.
- Take the punches as they come. Accept the truth that life is unpredictable, and you will almost certainly go over budget at some point. If an unexpected expense arises and you need to adjust your budget, do so immediately. Changing your budget is not only tolerated, but encouraged by the YNAB philosophy.
- Make your money grow old with you. The purpose of this guideline is to lengthen the time between when you make money and when you spend it. To put it another way, if you want to get out of the paycheck-to-paycheck cycle, you’ll have to learn to live off of money you earned a month, two months, or even three months ago.
The four rules of YNAB are the cornerstones of a tried-and-true system that encourages you to interact with your money on a daily basis. It enables you to alter your behavior in order to become more proactive and in charge of your finances. Instead of obsessing over last month’s statement, you’re looking ahead and actively selecting how you want and need to develop a life of meaning, not stress.
About the Author
I’m a recovering CPA who founded “You Need A Budget” (Y-NAB, if you’re short on time) while in college. We teach individuals my four-rule method, which completely changes the way they think about and handle their money. People who use the YNAB Method are able to get out of debt, save more money, and break the paycheck to paycheck cycle.
I’m not a writer by trade (remember, I started out as a CPA?) So, where my writing lacks polish, it compensates with personality. Ha! I enjoy assisting folks in gaining financial control. I enjoy seeing them make positive changes in their lives that will benefit them in the long run.
I was born and raised in Arizona, but now live in Utah with my six children and my lovely wife (who is an avid Crossfitter; ask her about it and she’ll tell you everything you ever wanted to know). When I’m not writing about, speaking about, or managing my own budgeting, I like to grow as much food as I can on my third of an acre in the suburbs, lift heavy weights, and take each day as it comes. I am fortunate.