Hey everyone! In today’s Whiteboard Wednesday we discuss how you can handle paychecks: Net or Gross.
I personally prefer the net method because it means there’s less work. One caveat: if you want to be able to prepare some type of tax report directly from YNAB, you may want to use the gross method. However, that same data that you’re providing can be found on your W2 at year-end…it sounds like a wash.
Today we talk about handling reimbursements gracefully–from both the Register and Budget side of things. Also, I am now using a sweet lavaliere, so audio is much improved!
I shot this one on the same day that I shot the original Whiteboard Wednesday, so all the progress I made with lighting, markers, and the camera..aren’t here.
But the message still gets across!
I didn’t have time to shoot a new one today because of all the stuff I’m doing for the upcoming tax course (enrollment ends Friday at midnight — it’s free).
What we cover:
- A too-common situation between spouses where, even with good intent, things go awry
- How the budget comes to the rescue
This is a particularly good video to share if you know someone that has maybe run into these issues! (Sharing with high doses of tact — obviously).
Today’s Whiteboard Wednesday is an extension from another we did a few weeks ago on Simplicity.
I go over the usefulness of dashboards, and the danger in making them completely useless by providing yourself with information that 1) doesn’t change often and 2) isn’t relevant to any decision you’re currently making. (And the beanie’s back).
Please help us spread the word by sharing the video via the links below!
Here’s the latest Whiteboard Wednesday. What we discuss:
- A “normal” person’s cash flow situation.
- The “dip” (not Seth Godin’s).
- A YNABer’s cash flow situation operating with a Buffer
- How Rainy Day Funds move the YNABer even close to a state of cash flow bliss.
As requested, I went with a YNAB t-shirt. If you’d like to purchase one so you can be the center of virtually any social scene, you can do that here.
A bit late because I had major technical difficulties :) Please leave a comment down below if you have any feedback or ideas for future Whiteboard Wednesday topics! Also, please share this with friends that need to learn a bit about budgeting!
Hello good YNABers!
I’m pleased to announce the first installment of Whiteboard Wednesday. Today we talk about On/Off Budget Accounts. Forgive the beanie. My hair is atrociously long (by my standard), but I can’t cut it until I reach a goal that I set in October.
Enjoy..
Leave a comment below telling me what you’d like to see in future Whiteboard Wednesday episodes :)