#113 - How to Pay Off Debt The YNAB Way
Budget Nerds9 Huhti 2025

#113 - How to Pay Off Debt The YNAB Way

It has been a while since Ben and Ernie have done an old fashioned debt payoff episode, but it's still one of the hottest topics when it comes to personal finance. And in their veiw, at least, paying off debt is where most of the personal finance world gets it wrong. YNAB has a unique method for paying off debt with an emphasis on sustainability and maintaining motivation. The key is to learn how to plan for future large and less frequent expenses so that you don't continue to get into more debt.

Another key is to remember that we are humans, not numbers. So while the personal finance sphere may dive into the deep end of working out the math on interest rates and pay down schedules, at the end of the day it doesn't matter if you can't sustain your pay off plan. To that end, Ben and Ernie offer YNAB's four step process for paying off your debt without going crazy and without living like a monk. There's even room for fun money!

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#97 - What If YNAB Paid You to Use It? And Other Sketchy Ideas from Ben Markley (Sketchy Advice)

#97 - What If YNAB Paid You to Use It? And Other Sketchy Ideas from Ben Markley (Sketchy Advice)

On today's episide Ben and Ernie welcome another Ben to the show -- Ben Markley, host of YNAB's Sketchy Advice series on YouTube. Ben has a reputation for striking metaphors and thought provoking idea...

21 Elo 202449min

#96 - Ask the Nerds: Grab Bag Edition

#96 - Ask the Nerds: Grab Bag Edition

Ben and Ernie get a handful of recurring questions that aren't quite big enough topics to make into their own episode, but nevertheless deserve to be answered! In today's show, they tackle some of tho...

7 Elo 202451min

#95 - Managing Variable Income as a Busy Graduate Student: Jasmin Green, PhD Student UC Davis

#95 - Managing Variable Income as a Busy Graduate Student: Jasmin Green, PhD Student UC Davis

The Budget Nerds have covered the spending habits of a lot of married folks with families, but what about the single people out there? In today's episode, Ben and Ernie speak with Jasmin Green, a PhD ...

24 Heinä 20241h 31min

#94 - How Does It Feel to Be a Month Ahead? Budget Nerds Weigh In

#94 - How Does It Feel to Be a Month Ahead? Budget Nerds Weigh In

Getting a month ahead with your money is a milestone for many YNAB'ers. Being a "month ahead" means that when the first of the month hits, all your bills and expenses for that new month are already pa...

10 Heinä 202444min

#93 - Dream Bigger Than Your Bills!

#93 - Dream Bigger Than Your Bills!

Today Ben and Ernie are joined by returning guest and YNAB Lead Educator, Erin Lowell, who posed the idea of thinking bigger with your money. Many people come to YNAB seeking a way to escape the paych...

26 Kesä 202435min

#92 - Are You Doing YNAB? Tracking Expenses vs YNABing

#92 - Are You Doing YNAB? Tracking Expenses vs YNABing

It's a common story: a person finds YNAB and starts using the software, only realize months (sometimes years) down the road that they weren't actually following the YNAB method. They were just trackin...

12 Kesä 202437min

#91 - Windfalls, Learning to Invest, and YNAB 4: Jeremy Schneider of Personal Finance Club

#91 - Windfalls, Learning to Invest, and YNAB 4: Jeremy Schneider of Personal Finance Club

Ben and Ernie chat with Jeremy Schneider, an entrepreneur turned personal finance teacher who aims to demystify the confusing world of investing with simple, unbiased information. In his early 20's, J...

29 Touko 20241h 9min

#90 - YNAB Mega Wins: Round Two

#90 - YNAB Mega Wins: Round Two

Ben and Ernie open their inboxes for another mega round of YNAB wins -- stories from YNAB users about positive outcomes, reduced stress, and newfound confidence with their money. In today's mega episo...

15 Touko 20241h 3min

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