2021 Age Of Money Challenge
Who's glad 2020 is over? I know I am, and to start off the new year great I've continued a long tradition of the AoM challenge!
- Choose a day every month that you will post your AOM to the google spreadsheet (link below).
- Be consistent on the day that you have chosen to post your AOM. (Your metrics will not help you or provide you with useful data if you are not consistent.)
- Post your AOM.
- Comment below that you have updated the spreadsheet.
- If you want, you may post a screenshot of your AOM. This will be fun and will help keep the thread alive. It's not required however.
- Try to keep the thread on topic.
Cheating is posting a number that is not your actual AOM, or changing your number because your AOM increased the following day.
We are following the the honor system.
You do not need to cheat, but if you do, everyone will ask how you've become so awesome with money and then you'll have to live with yourself. It only hurts you.
Question about the spreadsheet, or you find errors in the formula's, just let me know in the thread below.
If you've stumbled upon this post and wondering what AoM is, I encourage you to visit this helpful article: https://docs.youneedabudget.com/article/199-aging-your-money. :)
Just updated my AoM in the sheet!
Dec 2020: N/A
Jan 2021 - Apr 2021: N/A
May 2021: 36
June 2021: 64
July 2021: 81
August 2021: 104
September 2021: 136
I'm pretty excited to already be approaching my goal of 140 in September... Could anyone here add some clarity as to why mine seems to be moving up so quickly? Is it because my AoM is just catching up to my spending still, as I only started with YNAB in May?
Dec 2020: 48
Jan 2021: 36
Feb 2021: 57
Mar 2021: 37
Apr 2021: 52
May 2021: 69
June 2021: 63
July 2021: 79
August 2021: 40
September 2021: 44
October 2021: 70
November 2021: 87
If anything, this past year has shown me how much credit card debt sucks; much nicer to save for things I want, than buy things first and figure out how to pay (much more) for them later. I'd rather see my AoM graph look like a roller coaster, as long as statement balances are paid in full each month.
I had a mid-year gut punch when my local government demanded that I paint my house and do a number of other repairs that I had been planning for 2022. But it really was a YNAB win, even if it was a loss in this specific goal. I had about half the money I needed (including WAM and was able to borrow the other half. Had I not been doing YNAB, I don't know what I would have done. As it was I completely freaked out. But then I got my shit together and asked for lots of help. My house looks amazing! My year end goal was to have an AOM of 60 days, and it is 26. But it was 22 at the beginning of the year, and it peaked at 54. So I'm going to shoot for 60 days by the end of 2022.
Hello, beautiful friends!
I have created the 2022 Age Of Money Challenge and created a new post about it. Go check it out, and Happy New Year! https://support.youneedabudget.com/t/g9hj05h/2022-age-of-money-challenge