Where do you begin??

Sheep

What is this YNAB?

Anoneemoose

Sheep wrote: »

What is this YNAB?

https://www.youneedabudget.com/?utm_source=google&utm_medium=cpc&utm_campaign=%28roi%29%20branded&utm_content=ynab&utm_term=ynab&gclid=CNnt0brqv9ICFUw8GwodHqIG1Q

chrisfreelander54

Sheep wrote: »

What is this YNAB?

https://www.youneedabudget.com/

Over that last 12 months it's helped to pay almost all our debt off, and save towards an emergency fund.

DCFC79

Happier_Me wrote: »

I am trying to be really good at the minute. But one of our downfalls is 'the quick nip to the shops for xyz' thing.

I've done this today for toilet roll and chips. Came back with toilet roll and chips (who is a miracle in itself) but also bought the following:

Pair of jeans for DD (in the sale)
Peanut M & M's (obviously these are a need, not a want)
Cherry Bakewells
Cookies
Paraceptomol
Crisps
A drink for DD
Flapjacks

Result: I'm poorer, fatter and feel slightly nauseous.:o

Not sure what the answer is really, but I don't do this all the time so I do have some self control. At work I spend very little mainly because I take just a couple of pounds with me each week, so I can't buy much even if I wanted too. Might be worth limiting your access to money to see if this helps.

Have you tried just taking cash and a list if too much to remember.

When you pick something up think to yourself "do you need xyz".

Happier_Me

DCFC79 wrote: »

Have you tried just taking cash and a list if too much to remember.

When you pick something up think to yourself "do you need xyz".

Oh I know I shouldn't do this and usually I am fairly well behaved when I go shopping. And I did ask myself if I needed everything I picked up today and obviously at the time I convinced myself I did:D

January2015

Another confirmed convert to YNAB here. It's totally changed how we manage and view our money. I can't imagine life without YNAB now.

enjoyyourshoes

YNAB- why pay for something when you can create your own on a piece of paper or/& Excel?

Have a look at your life and work out your long term goals and try to put theses into financial terms and set your self a SMART objective to achieve this.

Discuss with partner, try top get them on board to do same , if unachievable, get new partner.

Spending-stop yourself and ask do I NEED this or merely WANT it? Stop spending on wants, wait 24 hours before you buy to assist answering the Q.

Saving- start simply with a 6% regular saver, then progress into considering how investing (not saving) can assist in your long term goals.

Anoneemoose

enjoyyourshoes wrote: »

YNAB- why pay for something when you can create your own on a piece of paper or/& Excel?

Have a look at your life and work out your long term goals and try to put theses into financial terms and set your self a SMART objective to achieve this.

Discuss with partner, try top get them on board to do same , if unachievable, get new partner.

Spending-stop yourself and ask do I NEED this or merely WANT it? Stop spending on wants, wait 24 hours before you buy to assist answering the Q.

Saving- start simply with a 6% regular saver, then progress into considering how investing (not saving) can assist in your long term goals.

I do agree with this to a certain extent. However, we used to have a spreadsheet system as well as an app, but the problem was, even though we had our 'surplus' income sitting in an account, it was so easy to think it was just 'spare' and not really think about spending. Since using YNAB, that has changed, pretty much overnight.

Obviously it might be worth OP having a go at doing his/her own thing first.

Sheep

Thats exactly what I intend to do.

We have alot of debt and high outgoings. I earn a good wage but after all the debt is taken I have £600 per month left over.

I am going to challenge myself to live on 200 per month (all i need to pay for really is fuel and lunch food) and put 400 per month towards the debts.

Day one.... lets see how we get on!

copperman05

enjoyyourshoes wrote: »

YNAB- why pay for something when you can create your own on a piece of paper or/& Excel?

Have a look at your life and work out your long term goals and try to put theses into financial terms and set your self a SMART objective to achieve this.

Discuss with partner, try top get them on board to do same , if unachievable, get new partner.

Spending-stop yourself and ask do I NEED this or merely WANT it? Stop spending on wants, wait 24 hours before you buy to assist answering the Q.

Saving- start simply with a 6% regular saver, then progress into considering how investing (not saving) can assist in your long term goals.

Because most people are not accountants and are put off by confusing speadsheets and having to write stuff down. YNAB puts those tools in a package that's easy to use, easy to access and really doesn't cost that much (about £3 month), which will more than pay for it self in the first month of using...