YNAB: The Budget Tool of the Future

For those that do not know, YNAB, pronounced “why-nab” stands for You Need A Budget. YNAB, the brainchild of Jesse and Julie Mecham, started in September 2004. These four standard principles create the foundation of the budgeting system:

  1. Give Every Dollar a Job
  2. Embrace Your True Expenses
  3. Roll With The Punches
  4. Age Your Money

According to YNAB, following these four principles should help you better your finances. Here is a brief overview of the four principles straight from YNAB.

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