YNAB's 34-Day Challenge!

The YNAB 34-Day Challenge starts tomorrow! For anyone interested in joining in, let's keep track of our progress through this thread :)

You'll get a daily prompt to take a small action for your budget that should set you up for the best year yet. At the end of the challenge, someone will walk away with a full free year of YNAB, too!

Sign up here and read the post for more details!

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  • Day 2:  Finally got the big debts into undebtit.  I'm so sad by the sheer amount of student loans.  I knew so little when I took them out and now I'm stuck with them.  Our credit accounts are pretty small and we will do a debt snowball so we can clear those out quickly.  But the student loans....it's maddening.  I owe more in students loans than the house we're in the process of purchasing.  I have the paperwork for loan forgiveness, but I haven't sent it in because I've heard that less than 10% even get approved.    

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  • Day 3: Goals--my goal is to increase my age of money to 10 days.  I know that's pretty low, but it's BETTER than where I am today (2 days). 

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  • Too late to join in? If so will it be offered again this year?

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  • Hi, Veronica at YNAB

    Saaaay!  I just noticed how these daily awareness challenges can be used as a great planning tool for other aspects of my life, like fitness, healthy eating, shedding a few pounds, getting my home in tip-top shape, decluttering.

    I also use a handwritten journal, so I'm going to use all these great YNAB posts as journal inspiration to kick-start a few other goals and projects.

    Why do I want to budget eat more vegetables?  🙂  (But I won't derail this thread by posting my responses about other stuff in my life - just wanted to share my appreciation)

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      • MissusTea
      • "The future belongs to those who believe in the beauty of their dreams" - Eleanor Roosevelt -
      • MissusTea
      • 5 mths ago
      • 3
      • Reported - view

      Yes HappyDance ! I'm finding participating in this a really awesome way to start the year and firm up the habits I want in reading, journal-keeping, stopping eating all the junk foods and staying present! 

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    • HappyDance Glad to hear it! DH and I started journaling a few days ago and we're loving it! 

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    • MissusTea
    • "The future belongs to those who believe in the beauty of their dreams" - Eleanor Roosevelt -
    • MissusTea
    • 5 mths ago
    • 1
    • Reported - view

    Day 3's reflections are large and in charge!

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  • Joined :)

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  • Day 1 2 and 3 done!

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  • Day 3 goal. Seed an investment (money goal). Make the first steps on a side hustle project I’ve been thinking about for years (life goal).

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  • Day 1: Why am I budgeting?

    To make sure my spending lines up with my priorities.  In the process this means I am carefully choosing what I want (not just $, but time and in life really!).

    #lessthingsmoreenjoyment

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  • Day 2: Face your debt

    Looked and stared it down from Jan 2017 onwards.  No credit card debt remains as of 2nd Jan 2019.  $6700 debt to repay to family and PLANNED to be repaid by July 2019.

    #iwin

    #lessthingsmoreenjoyment

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  • Day 3: Goal

    My goals are set in YNAB.  It is awesome to see the visual progress and the amounts to 'keep on track'.  My goals this year are to fully fund my fixed expenses, pay off the last $6700 debt and then fully fund all my other categories (luxury and the more flexible necessities like clothing/haircuts/gifts/dining with friends).

    #lessthingsmoreenjoyment

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  • I have finished days 1, 2, & 3 assignments while the blueberry cobbler was cooking away. 

     

    Could not really come up with a positive statement, did come up with a good question to ask myself. “Is the money you spend today adding to tomorrows stress?”

     

    Time for some cobbler and ice cream. 

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  • Day 3: Set a Goal That Matters

    I've made a few goals in YNAB already and I think they all matter.  But the one that really sticks out to me is my Christmas goal.  Every year I scramble and I will depend on year end bonuses from me and my husbands jobs to fund Christmas.  This year I don't want to have to depend on those bonuses  and the stress that comes along with the timing of the bonuses and the questions of how much we'll get - will it be the same as last year or more or less?  Christmas is stressful enough, if I can alleviate some of that by having it fully funded before I start shopping that would be awesome!

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      • HappyDance
      • YNABing consistently since 2014
      • HappyDance
      • 5 mths ago
      • 3
      • Reported - view

      Jennifer P. 

      I really think that almost everyone can relate to the big, fat, over-the-top, expensive, recurring annual celebration in their faith or culture.  For me, too, that was Christmas.  First, you get tired of having to scramble for funds at the last minute.  Second, you despair of the damage it does to your finances when the bills begin to arrive in the month following, adding up all your emotional impulse purchases into one big nasty total.  Third, you make a plan to fix this annual trauma PERMANENTLY going forward....if you're smart that is, and YNABers are by this definition very smart indeed.

      I know that for me it was post-Christmas financial trauma combined with the exuberant optimism of life-altering New Year's resolutions that set me on a determined path to changing my life for the better. Who knew that budgeting would turn out to be so rewarding and fun.

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      • lindsay_g
      • Beige_Banjo.3
      • 5 mths ago
      • 1
      • Reported - view

      HappyDance I just spent about an hour finally pinning down all these amazon purchases to get to reconciliation point...  Not much fun, but I am feeling pleased with myself, so, rewarding :)

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  • Day 4 Complete!

    All I know is I love any opportunity to attend a YNAB workshop. Am I biased? Probably a little - but each instructor offers something different that leaves me feeling motivated! Hope you all get a chance to attend a workshop, watch a recording, or visit one of our Facebook Live Workshops today!

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  • Caught up with Days 1-4 on my journal.

    I love the little insights I get reading other people's entries and by being introspective about my own YNAB experience.

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  • Day 4: Method

    Took me some time initially to understand how YNAB treated credit cards - but back to basics - I attended some of the webinars and read the blog and it did finally 'click' 💡for me and I understood that the 'where from' (account/credit card) didn't matter, the crux of YNAB is about choosing how to spend your money {Rule One}.  So in the early days I used all the material and by about week 3 of using (and around week 8 when I'd made my way through most of the material) I felt I was off and running!  Use the tutorials/webinars and the articles....ask questions and you too will be on your YNAB way!

     

    Side note: last year (my second of using YNAB) I smashed my way through all the podcasts available.  I loved that these were short and easy to listen to.  Even in my second year of using YNAB, I found I heard things differently and some things really resonated with me.

     

    #lessthingsmoreenjoyment

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      • QC
      • HaplessFinanceProfessional
      • Queenofcoin
      • 5 mths ago
      • 1
      • Reported - view

      rushiec I listen to the podcasts on my commute to work and have also worked my way through each one. 

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    • QC I did all the podcast while packing/unpacking and organizing from a move. They are great.

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    • MissusTea
    • "The future belongs to those who believe in the beauty of their dreams" - Eleanor Roosevelt -
    • MissusTea
    • 5 mths ago
    • 1
    • Reported - view
  • I’ve been a big fan of the workshops, whiteboard Wednesday clips and podcasts since the start and continue to work through them. It’s that, really, that makes the difference, the philosophy and practice, rather than just the app.

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  • I'm a long time user and YNAB has helped tremendously but for various reasons, I have never used YNAB fully as intended.  I joined the Challenge to help me focus on changing that.

    Day 1: Why did you start a budget?

    In my case, why did I finally start a budget more aligned with the YNAB rules?  Up to this point, I've been hesitant in this because Spouse has not been/is not interested in our finances or budget.  In his mind, any money left over after paying bills is money that can be spent but he spends without really knowing how much money we have.  I was always unsure I could budget according to the rules because of this.  Unsure or not, I need to stop hesitating and just do it. Spouse has a category which I used to track his personal spending.  I've funded it to an average spent last year and will ask him to try to stick to that amount each month.  This will in turn help me better manage the budget.

    Day 2: Face your debt.

    I've had no problem facing our debt.  It's paying it down that's the issue.  No matter how far I get us, Spouse always finds a way to add to it.  Still, I carry on.

    Day 3: Set a goal that matters.

    My main goal this year, in keeping with the rules, is to fund our true expenses as best as I can.  No more scrambling for dollars to pay car insurance every six months or to buy Christmas presents.  No more telling unemployed dollars I've got a job for them only when something unexpected pops up.  All those babies need to have a job right away, even if that job changes later.  I've re-worked my categories this month.  I've also set monthly/target goals.  I used an unexpected escrow refund to help get us ahead so January is fully funded at this point with all categories having something in them and left over funds placed in a temporary category in February.  I've

    Day 4: Learn the method.

    I know the rules but I have to really think in order to be able to name them.  Since I want to budget according to them, I want to learn them so well that I can rattle them off as easily as I do my children's names.  Also, I have always entered everything manually and will continue to do that.  I believe it keeps me more aware of my budget which will hopefully keep me more on top of it.

     

    Thanks for reading.

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  • Day 5 Complete for me!

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  • YNAB 34-Day Challenge Day 4: Learn the Method

    I have been using YNAB for 9+ years. The method has changed slightly over the years but the intent has always been the same. I have done workshops, watched videos, read blogs, and joined Facebook groups to learn about the YNAB Method and to keep up to date on what it means in practice. I feel like I am always learning with YNAB and that's a good thing. When I was reading the YNAB book and read this "each of the Four Rules is actually Rule One for different scenarios... You assign jobs on day one, and then you keep doing it as life unfolds." it blew my mind. LOL YNAB is not just a budgeting software. It is a lifestyle! #YNAB34days

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  • Day Four:

    Did a couple of classes yesterday. Learning the Four Methods

    I am doing the Facebook class series and am doing Mastering Credits Cards in Budget right now.  Will check out the record classes later today. Since I am on bed-rest or limited weight baring Youtube has become a friend on my tablet. 

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  • YNAB 34-Day Challenge Day 5: Get Schooled

    Over New Years I did 8 online classes and 2 Facebook Live classes. I also did 1 pre-recorded class. I attend the classes whenever I feel like I need to brush up or if I need motivation. I always learn some new tip or trick through the classes. The instructors are great and the length of the classes (20 minutes) is perfect for me. The classes are offered so frequently that I can always fit it into my schedule. I appreciate all of the classes that YNAB offers!

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  • Help!! I am on OTC cold meds and I think my brain is stuck on stupid. I just reported my own post when I went to edit it. 

    For the Facebook Live Events how do I get to the list for today's? I was there earlier and now can not find it.

    Reply Like 1
      • MissusTea
      • "The future belongs to those who believe in the beauty of their dreams" - Eleanor Roosevelt -
      • MissusTea
      • 5 mths ago
      • 1
      • Reported - view

      Ruff16965 (05bd62cee897) 🤧 those OTC med hazes are crazy, hope you're through the cold soon!

      Just click INTERESTED on the FBook live workshops you want to be pinged about and you'll get a notification when it's starting 👍🏻

      Reply Like 1
    • MissusTea Found that page, but there is nothing for today, it only has tomorrow. I know earlier I had scrolled down, But if they will ping me when it is time, then I am good, just cant remember the time. 

      I hope to get over this cold soon, then all I have to deal with is the bed-rest and limited weight baring. 

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    • Ruff16965 You can also click the Events tab on the Facebook page to get a full list of upcoming Lives!

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    • Veronica at YNAB Thank you, did not see event tab, had to click an arrow, but that was what I was looking for.

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  • Day 5: Get Schooled

    I watched 2 videos on Youtube.  I'm going to check out the online classes and choose one I can be reasonably sure I'll be able to attend.

    Reply Like 1
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