Ignoring Your Single Largest Expense is Folly

I’m a recovering CPA.
So I don’t legally “know” what I’m talking about, but I can still remember a bit from when I did. And since this is my least-favorite season of the entire year, it’s also going to become a Savings Tip topic (and the focus of a free course launch I’m working on, [...]

The End-All, Be-All Savings Tip

This is the end-all, be-all savings tip really. Because what it represents is an eternal spring of information to help you save money on virtually every aspect of your life.
Most everyone reading this blog is likely already on Facebook (add me as a friend here). Two years ago half of you hadn’t even [...]

When All Else Fails, Go Back to the Basics (Pulling Irons Left)

My golf game will be doing just fine and I’ll be plodding along, slowly chipping away at a stroke here or there. This year has been the year of my fixed drive, which I’ve been enjoying quite a bit. Where I used to have a low, line-drive hook, I know have a high [...]

Significantly Cut Down Your Grocery Costs and Increase Your Spare Time. Really.

And this has nothing to do with building your downline or firing your boss to make 5k per week! (Insert intended sarcasm toward the end of that last sentence).
Some people in our neighborhood are actually doing something that’s helping them save significantly on their dinner bill and help them save time in the process.
Dinner [...]

That’s Not as Cheap as it Looks (Beware of Tangential Purchases)

For those of you that have read The Wallet for a while, you’re probably well aware of the fact that Julie and I don’t own a TV. Neither of us owned one when we were single, and when we married, we just decided not to purchase one (we were busy…and needed a car).
About four [...]

A Tactical Tip – Substitutions to Save Money

Trent over at TheSimpleDollar wrote a fantastic, concise, tactical post all about substitutions that will save you money (and as I looked at the list, none of them required any more work than what you’re currently doing except perhaps a smidge more with foregoing paper towels).
At any rate, you should definitely check this out and [...]

Cut Your Health Expenses Significantly…and I Tread Carefully

I fully intended to write a completely different money saving tip for today, but on my way into the office, I had a complete change of direction.
Taylor and I just chatted about my proposed topic. I usually don’t run topics by him beforehand, but wanted to with this one because it seems a bit [...]

A Bit o’ Interest & Saving on Checking Account Fees

If you’ve been on the YNAB site for only a few minutes you’ve probably already become familiar with Rule One of the YNAB Way: Stop Living Paycheck to Paycheck.
Basically what we want you to do is to take the money you earn this month and spend it/save it next month.
In a prior savings tip [...]

Save a Small Fortune in Taxes re: Charitable Giving

This tip is specifically written to comply with US tax law. I’m not a tax attorney, or qualified tax professional, so seek competent, professional advice before actually implementing this suggestion.
Giving to Charity — the Normal Deduction
When you give to a charitable organization, the IRS allows you to deduct that contribution from your taxable income. [...]

The Unbelievable Savings Achieved through Index Fund Investing

You can save a boatload of money if you decide to become an index fund investor. One of the first articles ever posted to YNAB’s blog was a reprint about index fund, or “passive” investing. If you’d like to read a truly excellent piece, head there.
It’s very debatable whether an actively managed mutual [...]

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This is The Wallet. My name is Jesse Mecham, founder of YNAB. Here I focus on the YNAB methodology, software, personal finance, and more.

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