YNAB Rule 1: Give every dollar a job
The first episode in four-part series on the YNAB Four Rules.
Today: Giving every dollar a job, and why embracing the reality of your financial picture empowers you with clarity about your priorities.
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Steve Nay:
Today: Giving every dollar a job, and why embracing the reality of your financial picture empowers you with clarity about your priorities.
- (00:00) - Cute, little dogs
- (02:17) - Rule 1: Give Every Dollar a Job
- (05:47) - A plan, not a forecast
- (10:21) - Scarcity and priorities
- (14:08) - Building the muscle of decision-making
- (15:53) - The three approaches to personal finance: Accounting, forecasting, and allocating
- (20:23) - YNAB excels the best when you reflect reality inside of it
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Steve Nay:
Tyler Smith: