#87 - Stop Making Boring Financial Goals
Budget Nerds3 Huhti 2024

#87 - Stop Making Boring Financial Goals

Ben and Ernie respond to a recent survey reported by Jill Schlesinger on CBS Morning about American's 2024 financial resolutions. The top responses: save more money (41%), pay down debt (38%), and spend less (30%). BORING! Ben rants about why "spending less money" is not a good financial plan, and Ernie highlights the importance of putting a why behind goals like paying down debt. There's nothing wrong with paying down debt, of course, but to be successful, and to to truly practice the YNAB habits, there needs to be a reason why you want to pay down the debt. Maybe it's to fund a vacation that you haven't been able to take before, maybe it's to buy something big for your favorite hobby, or maybe it's to fund a charitable cause. As Ben explains, your spending is part of the way you express yourself in the world, so you need to be clear with your priorities and values.

To that end, Ben and Ernie share some of the most interesting financial goals and resolutions sent in by fellow budget nerds. From buying a forever violin, to founding a college endowment, to traveling the US in a custom-built bus, there are very creative and meaningul responses!

Share your YNAB wins with Ben and Ernie!

budgetnerds@ynab.com

Follow Budget Nerds on YouTube:

https://www.youtube.com/channel/UCuIUGmbCDklkDCDm-cQqv2g

Tämä jakso on lisätty Podme-palveluun avoimen RSS-syötteen kautta eikä se ole Podmen omaa tuotantoa. Siksi jakso saattaa sisältää mainontaa.

Jaksot(116)

#81 - YNAB Wins Mega Episode

#81 - YNAB Wins Mega Episode

Through 80 episodes (and counting!), passionate YNAB'ers have been sharing their personal finance wins, big and small, with Ben and Ernie. Whether it's paying off debt, handling an emergency expense, ...

10 Tammi 202432min

#80 - There's No Such Thing As Saving Money

#80 - There's No Such Thing As Saving Money

What if... saving money wasn't actually a thing? Crazy, right?! Well, if you subscribe to YNAB's philosophy -- the Four Rules -- then money is properly understand as a spending tool. The whole point o...

27 Joulu 202339min

BONUS - Live Q&A on YouTube (11/29/2023)

BONUS - Live Q&A on YouTube (11/29/2023)

Ben and Ernie went live on YouTube on November 29, 2023 to answer questions, share their budgets, and nerd out about YNAB. This bonus episode is a rebroadcast of the YouTube live, which you can find b...

1 Joulu 20231h 6min

#79 - ANNOUNCEMENT! Live Q&A Today at 3:00pm EST (Nov 29th, 2023)

#79 - ANNOUNCEMENT! Live Q&A Today at 3:00pm EST (Nov 29th, 2023)

Set your reminders, Ben are Ernie are going live on the YouTube channel today at 3:00pm EST. They'll be answering your questions and getting nerdy about finances, so join in! If you are tuning in afte...

29 Marras 20232min

#78 - Are Impulse Purchases Wrecking Your Finances? A YNAB Study Finds Out

#78 - Are Impulse Purchases Wrecking Your Finances? A YNAB Study Finds Out

Everyone spends on impulse from time to time, even the most staunch adherents to frugality. According to a new study funded by YNAB, 94% of Americans admit to impulse spending. It's common nowadays to...

15 Marras 202337min

#77 - Are You On the Credit Card Float? Credit Card Alerts Can Help

#77 - Are You On the Credit Card Float? Credit Card Alerts Can Help

The credit card float, as it has been termed, is the situation in which a person is reliant on the month-long grace period of the credit card to meet their obligations. In other words, they spend mone...

1 Marras 202339min

#76 - The Most Elegant Budget We've Ever Seen? An Interview with Budget Nerd Lee Bond

#76 - The Most Elegant Budget We've Ever Seen? An Interview with Budget Nerd Lee Bond

As the principal budget nerds at YNAB, Ben and Ernie have seen their fair share of elegant budgets, but the one featured in today's episode might take the cake for the most refined of all time! Long t...

18 Loka 20231h 25min

#75 - The Ultimate Guide to Targets in YNAB

#75 - The Ultimate Guide to Targets in YNAB

Forecasting is kind of a dirty word at YNAB, because the Four Rule are all about budgeting the dollars you have now, and not counting on future dollars that haven't arrived yet. However, it's still us...

4 Loka 202357min

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