It's my 2-year YNAB-versary.
While budgeting has become routine, the benefits of YNAB are still astounding to me.
In two years:
My (small) net worth has doubled. ($90k to $180k)
My non-mortgage debt has gone down by $28,000. $6,000 left!
For the first time in my life, my August, 2020 bills are completely funded before July ends. I was paycheck to paycheck when starting YNAB.
Christmas. I've gone from putting Christmas on my credit card and wondering how to pay it back, to using an extra paycheck in Nov to fund it, to just putting a monthly amount into my "Gift" category and having Christmas funded *all the time*. That's unreal to me.
I make money from credit card companies every month.
YNAB enables me easily manage multiple bank, brokerage, and other accounts with funds in varying investments depending on their time horizon and tax status. All on manual entry.
The more I progress financially, the more beneficial YNAB is.
Thanks for listening and thank you YNAB!
Great work! I've been budgeting for about a year now, using YNAB since last August (Every Dollar before that), so I guess it's close to my 1 year anniversary, although I'm not sure what date I started exactly. It's also been transformational for me and there's no way I'm going back to my pre-budgeting life! Hopefully in another year I'll be in even better shape, like you.
Have you been on the same budget the whole time or did you ever do a fresh start? I'm pretty sure I'm going to do a fresh start in August, to do some restructuring, but I was wondering if I'd regret this in a year.