I'm finally learning HOW to save money
I fell in love the first day I opened the program. Just the clarity of what you reserved your money for, and to see how much there is left for fun stuff/saving after all the obligatory expenses... I love it!
Money was a very stressful part of my grown up life. Ever since living on my own as a student, and seeing my savingsaccount slowly but steadily completely drain empty, I felt like I wasn't able to handle money. My parents were very strict on teaching me to save money and to work and earn my own money for stuff I wanted, but actually never tought me HOW to do that. Putting money aside in categories like mobile phone replacement, gives me the knowledge that once the time comes that I have to buy a new phone I will actually have the funding for that.
I am a fan!
I can relate to this a lot! I'm pretty new to YNAB. Even before finding it, I felt like I was managing better than my parents. My parents do NOT budget. They definitely did not teach me anything about money (except, maybe a few things not to do 😄) One of the reason's I'm so excited to be using YNAB is that I'll be able to better prepare my own child for this stuff we call "adulting".
That's awesome! I had a very similar beginning when I started using YNAB a few years ago. I grew up learning absolutely nothing about money and made a lot of stumbles through college and early adulthood. Finally finding a program that laid out exactly what my money was for was a miracle.
Glad you found the program!
Good Intentions said:
grow up thinking budgeting was all about deprivation, not negotiation.
Nicely put. It's not depriving you. Perhaps momentarily depriving one category, but like your conclusion states, it's based on a negotiation. "Ok, which of you 2 (or more) categories is more important?" You're making a choice. I'd rather have A than B. B will get funded later, or perhaps wasn't necessary in the first place.
Good Intentions said:
I actually meant that bigger savings can often be made by being business like, asking for discounts, bargaining etc. Ie thinking big rather than nitpicking.
lol. Sorry for the mis-read on that one. I agree with you. And I think it's a combination of all the factors. Negotiating among your categories/priorities as well as the bigger picture of negotiating better prices. It's like we're trying to teach our kids... If you don't ask, you'll never know. The answer is a DEFINITE no if you don't ask, but if you take a deep breath, muster up your courage, and simply ask, you just might get a better option.