Ernie is running solo today, and sharing some recent developments in his financial life that have made him rethink his budget entirely. YNAB'ers are creatures of habit, and many of us enjoy the budgets we have created and honed over the years as neat pieces of work in themselves. But as Jesse has said over and over on the podcast, the budget really exists to serve your needs and help you prioritize your spending in accordance with your values. Life is dynamic, and sometimes those needs change!
That means the budget needs to change with your life. Ernie shares how he blew up his budget and started over after a series of home renovation projects and medical bills started taxing his existing category balances. Money stress started building -- even veteran YNAB'ers are not immune to it! -- and he realized the budget was no longer serving his needs. That's the takeaway: don't be too precious with the budget you've created, even if it has served you well for a long time. And understand that money stress happens to everyone, and that's OK!
Got a question for Jesse? Send him an email:
askjesse@ynab.com
Follow Ben and Ernie on the Budget Nerds Podcast
Apple: https://podcasts.apple.com/us/podcast/budget-nerds/id1606054345
Spotify: https://open.spotify.com/show/0H1u8pqYrvz6zj6noHbkB3?si=fc181a82b8d540a6
Sign up for a free 34-day trial of YNAB at www.youneedabudget.com
278 - Weeds
277 - Cold Showers
276 - Retreat!
275 - Deep Work
274 - Unearthed Priorities
273 - No Online Purchases in 2017
272 - Settling in With Stuff
271 - The Herloom Toaster
270 - Ownership Overhead
269 - The Cost of Ownership
268 - 1-844-YNAB-ING
267 - Your Debt Is Gonna Bury You
266 - Target Trouble
265 - Overspending
264 - Just A Budget Meeting
263 - Expenses Oh No
262 - Budget More
261 - Month One! In the Books!
260 - Getting a Reluctiant Partner on Board
259 - Why Most People Quit Budgeting
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