Category: Spending
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Some places to trim the budget
When I work with clients to set up a new budget, we start with their budget template, deciding on the categories and category groups for their new budget. Then we add targets (sometimes we add categories and targets at the same time). The last step is to link their accounts and assign the money they…
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Do you have a holiday gifts category?
It’s the end of October and the December gift-giving season is just around the corner. Let’s face it: giving gifts is a lot more enjoyable when you feel you can afford them. If you don’t already have a Gifts category in your budget, I encourage you to create one. Then set a Monthly Savings Builder…
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Look before you spend
YNAB is a terrific money tracking tool. If you enter (or import) and categorize all your transactions, you’ll have a great record of your spending. And that can be very informative. But YNAB starts to become life changing when you actually change your behavior and start checking your budget before you make an expenditure. Notice…
