You need a budget (YNAB) advice thread

andyfromotley

I was mindful of your situation FW! (it was only gonna be £3-400 before that!)

A_Star

I'm getting the 9 days of emails at the moment and am about to download the free trial but I'm not sure it's really worth it, $60 is a lot of money to us at the moment

Red-Squirrel_2

It is a lot of money, but if I hadn't won the software I think I would have paid for it, even though I'm now focused on clearing debt. I reckon using it has save me quite a bit more than $60/£40 already and I've only been using it since the 20th of Feb!

Keep watching the live classes all the way to the end of your free trial to maximise your chances of winning it for free before you spend any money. If you do decide to buy, a few of us have posted links for 10% off, every little helps!

http://ynab.refr.cc/GZZ4S79

joedenise

A_Star wrote: »

I'm getting the 9 days of emails at the moment and am about to download the free trial but I'm not sure it's really worth it, $60 is a lot of money to us at the moment

I thought the same when I first started watching the tutorials but once I'd downloaded the free trial and started using it I found that bugetting properly rather than just keeping an eye of cashflow that we actually could save money.

During the trial period I actually managed to save far more money than I had in the previous 3-4 months! It's really good to know that you have the money available whenever things need to be paid for such as annual bills like car insurance, tax, MOT etc because you've been saving monthly for it rather than just bunging it on a credit card and sorting it out later.

I decided to pay for the software at the end of the trial and decided as it was going to help the "household" the money could come from that category.

It certainly seems to be a very popular software on MSE and I would say definitely worth the money (not sure what the exchange rate is at the moment but $60 sounds a lot more than £35ish which is what I paid - think it would be less than that at the moment as the exchange rate is better now).

Denise

andyfromotley

Hi denise,

try it on the trial and see if its for you. (like others i would have paid for it as i took to it straight away, but i get it free as I'm a student) Its a bit cheaper on Steam, about £30. With luck you'll win a copy!
I know it would have saved me that within a month or two easily.
good luck, andy

MoneyMission2015

A_Star wrote: »

I'm getting the 9 days of emails at the moment and am about to download the free trial but I'm not sure it's really worth it, $60 is a lot of money to us at the moment

I wasn't sure whether I would want to spend money on something like this but I am definitely going to be buying it at the end of my trial. I'm still on a free trial, so only been using it for around 20 days now but already I've managed to wipe out my overdraft, whereas before I would constantly be in it. Plus with recently being paid, I distributed the money to all the household bills & can see exactly how much money should have been left over after paying all the bills so I've also managed to budget for savings, emergency fund, clothing fund, house fund (for decorating etc) birthday & xmas fund and all my monthly bills and groceries, plus at the end of last month I was able to budget overpayments to my debts and will be able to do the same this month too.

hohum

If you're buying it don't forget you can get $6 off with a referral code. There's a thread on YNAB forums where people post theirs up, or people on here have posted their code I think. Also well worth doing the classes, especially as you may win a free copy.

joedenise

andyfromotley wrote: »

Hi denise,

try it on the trial and see if its for you. (like others i would have paid for it as i took to it straight away, but i get it free as I'm a student) Its a bit cheaper on Steam, about £30. With luck you'll win a copy!
I know it would have saved me that within a month or two easily.
good luck, andy

Think you've misread this - I was responding to A-Star! I've already got YNAB.

Denise

andyfromotley

sorry denise you are right.

YoungBusinessman

andyfromotley wrote: »

Id say just stop and send the rest elsewhere, Particularly if you have outstanding debt, use it to pay that off or just put it in a general emergency fund, whatever. Theres no harm in over paying into those categories but is it the most effective use of the money?

Example, i have a car repair category, when it reaches 6-700 i will stop it there as i think thats enough for most repairs and if its more than that i'll have to use my general emergency fund.

Going off of the YNAB topic....how have you paid off so much in a month?! :eek::T