# Age of Money 2019

Starting up the AoM challenge for the new year!

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• So I am finally over 30 days.  I am at 45 days for AOM but my DOB is only at 2.7 (not sure how they are so far off 馃)?

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

VoltaicShock

AoM = how old the single \$ you just spent was -- insert some convoluted formula involving an average for the last 10 cash transactions -- basically, when did the dollar you spent enter your budget

DoB = Based on your history of spending, how long will it take to use up your current stash of \$\$\$\$ (assumes that you will continue to spend at the rate you have been spending, so big unusual spending skews this terribly).

A person could conceivably have an AoM of 365 and a DoB of 0.  Let's use the extremely improbable example of a budget based on the inflow of cash once a year. Pretend you're a farmer living on the sale of a single crop or a retiree living on a once-a-year withdrawal from investments.   As you near the 1-year mark since the last inflow of funds, your AoM would have been climbing steadily to 365 (it's literally been 365 days since the dollars were inflowed), but your liquidity would have been steadily declining, and the money going out has reduced how many days you can continue live on the funds in your accounts, the DoB would be getting conversely smaller at the same time.  One is looking backward and and one is looking forward.  As you spend your last \$1, your AoM could be as high as 365 and your DoB at zero.

• HappyDance Thanks!  That helps explain it.

I did pay off something so that is probably why my DOB is so low.

• HappyDance
• YNABing consistently since 2014
• HappyDance
• 7 mths ago
• 1
• Reported - view

VoltaicShock

Mine is just going to be out-to-lunch due to \$7,000 in dental expenses over the next couple of months (all budgeted and saved up for, of course).  馃檪

• HappyDance
• YNABing consistently since 2014
• HappyDance
• 7 mths ago
• 2
• Reported - view

My AoM just dropped by 36 when I entered a series of transactions for less than \$100 in my regular Saturday errands.  That tells me that I've burned through nearly 2 months worth of AoM (from 244 to 195) in the last six weeks, all attributable to some planned-for larger-than-usual giving and massive dental expenses.  Riding the roller coaster.

• So I finished last month at 4 days AOM, seems I go up and down but average between 3-7, although I did have a 15 a couple of months ago.

• Joined! I would really like to see the number climb over 15 - 20 would be great. I get paid every two weeks, so this would mean I would have saved an entire paycheck! Then we can start talking!

• Goal: 45
December 31st: 24
January 31st: 11
February 28th: 18
March 31st: 18
April 30th: 24

We experienced a rather large jump this month, but that was because we received a rather large unexpected tax refund, which now has a job to pay for student housing for my daughter next year in school - so I expect our AOM to drop again come mid-June to mid-July.  Hoping it won't drop below the 18 we hit in February and March.  I just want to see continued progress, even if we only get ahead one day every single month.

• Newbie here. Can someone explain how Age of Money is calculated? I get the income part. I'm assuming that putting incoming money into categories doesn't count in the calculation? The spending is only calculated when you pay a bill, a debt, etc, correct? So does YNAB use the oldest income first in order to calculate AOM? Thanks for any help with this. I started using YNAB about a month ago and just joined the challenge.

• bevocat
• Sometimes, It Just Sucks to Be You
• bevocat
• 6 mths ago
• Reported - view

KnitPurlKnit from https://docs.youneedabudget.com/article/199-aging-your-money (with the nitty gritty details explaining it at the link):

## The Big Idea

You'll see a metric for Age of Money right in the YNAB app. This number is the average age of your last ten cash transactions (cash, as always in YNAB, meaning non-credit, not literal cash-and-coins).

• Moohouse
• Software developer
• Moohouse
• 6 mths ago
• Reported - view

Basically, starting with nothing, if you spend on average 90% of your pay every month for 10 months, your AoM should* end up around 30.

If you start off with a month's pay in savings, and spend 90% of your pay every month for 10 months, your AoM should* end up around 60.

Spend even less, and AoM builds faster. Spend more, and AoM builds slower. Spend more than you earn, and AoM will start decreasing. Or put most if not all your spending on credit cards, and you'll be at 30+ in no time at all. 馃槈

* should, could, would, or may

• Technicolor Cheetah
• Not sure when I became a cheetah...but I'll run with it
• technicolor_cheetah
• 6 mths ago
• Reported - view

KnitPurlKnit

I started YNAB not quite 4 months ago.  My age of money is over 120 right this second because I started YNAB with enough money in checking and savings to be able to survive on on-budget funds for 4-6 months at current levels of spending.  AOM It will continue going up if I continue to spend less than we bring in and if I continue to save for bigger long term expenses (like my sinking funds for various house repairs and projects - eventually I would like to save enough money for instance to replace all the windows - when I do that, I will watch my AOM drop).

We also use credit cards (with budgeted funds, paid in full, no debt) for most daily expenses.  So the actual transactions from my budgeted money are infrequent - a few utilities, mortgage, car loan, other direct pay things, pulling cash out, credit card payments.  So that also can inflate the age of money.  Some people will say that AOM is meaningless, that what you want is Days of Buffering (on old YNAB or part of the YNAB Toolkit available on Chrome and I think Firefox browsers).  AOM is a bit of a gimmick and but it can be fun to watch it go up if you're doing the right things to be a better steward of your money, live within your means, pay off debt, and spend according to priorities.

• bevocat  Moohouse

Technicolor Cheetah

Thanks to you all for explaining how YNAB arrives at the AOM number. I'm not sure at this point how relevant it is to me, but I definitely like the idea of paying next month's bills with this month's income.

• Going to do my check in now. My Age of Money is 0, just did a Fresh Start, no income until the first, but also no spending planned so nothing to generate any data.

• I started YNAB in January.  Age of money to date:

• 19 in January
• 45 in February
• 78 in March
• 111 in April
• 115 in May

Days of buffering is currently 145.  Age of money went up fast initially because I started YNAB at the beginning of the year with a good chunk of money in savings.  I suspect that AOM will be not continue the rapid upward rise.  Hopefully it will still increase.

• Checking in for May.  AOM went from 36 to 39 with my adjusted year end goal of 45.  A little slower this month because we went on vacation and spent some of our sinking funds.  I'm thrilled  it still went up though!

• Simeon said:
Joined! I would really like to see the number climb over 15 - 20 would be great. I get paid every two weeks, so this would mean I would have saved an entire paycheck! Then we can start talking!

AOM today: 16! Quite the jump from last month's 4. Unfortunately, it's mainly bc I got myself a new cc (that I plan on paying religiously) so... float.

Updating my goal to 31. The cc float is 21 days usually, but some payment I do make cash, so... we'll see how I feel at 31.

• Hmm. Age of money went up over three weeks, days of buffering went up... one day. I think I've reached some kind of homeostasis here.

• AOM

02/28/2019 - 03/02/2019: 20 days, -166.5 days to 25 days, -130.3 days

03/29/2019: 24 days, -101.5 days

5/31/2019: 10 days, -135.7 days

I get paid once a month on the 3rd. I still have a lot of work to do on AoM and DoB.

• February AOM 388, DOB 503

March AOM 371, DOB 497

April AOM 346, DOB 506

May AOM 344, DOB 494

AOM -2, DOB -12

I guess I may have been spending more than before, and apparently for some time. I'm having a good time, so I don't mind! 馃槃

•

My April AoM was 229. May AoM finished at 208, so by my reckoning I'm currently spending last October's paycheque.

May was an average spend month for me.  An average spend is an amount equal to approximately 65% of my monthly income.  The downward  AoM plunge caused by my dental spending in April spilled over into May. I exhausted my August and September inflows in April and early May and dropped another 30 days in AoM by the first weekend in May, hitting the 190s.  My AoM finally began to climb in the last week of May,  getting back up to 208 yesterday.  In the same time period my DoB # increased from 315 to 364.

I've got some big annual expenses that hit in June, so I don't expect to see any improvement in AoM this month either. 馃槑

• I didn't really have an AOM for April, as that's when I started YNAB. I was hoping for 30 days in my first month and am happy to report that I made it! I know it doesn't sound like much relative to some of you, but it made me happy that that I completed a goal in the first month.

• bevocat
• Sometimes, It Just Sucks to Be You
• bevocat
• 6 mths ago
• 2
• Reported - view

KnitPurlKnit You're only ever in competition with yourself on this thread. We're not whipping out any rulers here! 馃ぃ

• Goal: 45
December 31st: 24
January 31st: 11
February 28th: 18
March 31st: 18
April 30th: 24
May 31st: 37

I'm staring at the amount of money in our bank account and am basically confused as to how it got there.  I love YNAB.  馃槏  We do have a large expense that will be leaving our account this month, so our AOM should take a hit, but I am proud of our progress.

• So in once month I went from a 0 AOM to 16 AOM. Not sure how I did that.

• I started YNAB in January.  Age of money to date:

• 19 in January
• 45 in February
• 78 in March
• 111 in April
• 115 in May
• 123 in June

Days of buffering is currently 154.

•

AoM up 3 from 208 to 211.

DoB down 27 from 364 to 337.

• AoM up from 262 to 269, DoB up from 291 to 334. Can't wait to see what happens next month when I pay for a lot of expensive veterinary care and buy a new couch and chair for my living room...

• bevocat :D

• AOM went from 39 to 43 in June :)

• WOOHOO! Hit my goal of 150AOM..... but we are selling/buying a house on July 22 so we will see where we end the year. :) 150 is still my goal by the end of the year... will adjust if it the home sale and purchase doesn't drop it significantly.

• February AOM 388, DOB 503

March AOM 371, DOB 497

April AOM 346, DOB 506

May AOM 344, DOB 494

June AOM 373, DOB 516

A bit late as I've been vacationing. Continuing vacation next week. 馃檪

• July AOM is 65! Wow!!! I started in Feb with "2", March with 26 and then just up, up, up! DOB is now at 72

• xgirlmama
• Purple_Griffin
• 1 mth ago
• 1
• Reported - view

AOM/DOB Starting 11/1:

72/104 (and that's with paying my mortgage today!)