Menu
Menu Back

Learn All Things YNAB

How Much Time Do You Have?

Free For 34-Days, Then $6.99 a Month*

On average, new budgeters save $600 by month two and more than $6,000 the first year! Pretty solid return on investment.

  • 1

    Try YNAB FREE 
for 34 days

  • 2

    Start taking control 
of your money

  • 3

    After your trial, continue for $4.17/month, billed annually at $50

  • Bank Syncing Easily connect all your bank accounts in one place.
  • On the Go Easily budget together, across devices, in real-time!
  • Personal Support Personal support and teaching, 7 days a week.
  • Debt Paydown The tools you need to get debt-free & stay that way.
  • Reporting Bliss Measuring tangible progress leads to more progress.
  • Goal Tracking Set, track, and reach your goals—faster!

Sign up for a free trial today!

No credit card required.

Close

The legal stuff

Agree to the Terms of Service and Privacy Policy to continue.

Start taking control 
of your money today!

Close
2 Sep 2016

How Budgeting Led To More Exercise, Better Nutrition & Career Growth

Below Read More
by Lindsey Burgess

Matthew Ricci, 29, lives in New York City. He’s a smart guy, a contingency planner by trade, and he was pretty certain he didn’t need a budget.

His financial plan consisted of using 0% credit cards, only carrying “good” student debt, and keeping up with personal finance blogs, which is where he stumbled across a thread that made him question some previous assumptions and sign-up for YNAB.

After an exciting Friday night, getting his first YNAB budget squared away and learning more about budgeting with YNAB, the writing was on the wall: “I was actually in pretty bad financial shape.”

Two years, and two days after that first Friday night with YNAB, Matthew celebrated being completely debt-free. It was a huge $43,000 milestone, but in a lot of ways it was just the beginning:

You Might Not Even Realize How Much You Stress About Money

For a guy who thought he was doing pretty OK with his finances prior to YNAB, Matthew had no idea how much he had been stressing about money until there was nothing more to stress about: “It’s so liberating! Oh, the stress it relieves. And the joy it brings!” He wasn’t expecting the joy. The new lease on life was an added bonus.

A Solution Without Any Effort Won’t Be A Solution

At different points over the years, Matthew had tried “everything else” to manage his money. And nothing worked. Not even a little bit. “Honestly, I held off on trying YNAB for so long because it was so manual. Turns out that was the whole point! This post actually summarizes my feelings better than I could. I send it to anyone who says ‘No, I use Mint’ when I recommend YNAB.”

Money Can Bring Couples Together

Learning to talk about money, priorities, and the future, helped Matthew and his girlfriend work together so much better. Now they communicate better about money (and everything else!), and have the tools they need (both technical and verbal), to spend money, guilt-free, in a way that aligns with both their individual and shared priorities.

Debt-Free Is Just The Beginning

Matthew began this journey to get out of debt. But armed with a completely new relationship with money and very aggressive early retirement goals, he’s living life quite differently: “I find that I consume so much less overall. When I do buy things, they are high-quality items that bring me joy.”

His goals are bigger, better defined and much more likely to be accomplished. First up, maxing out his retirement accounts and piling up cash in order to have the option to take bigger risks.

Control Of Your Money, Leads To Control Of Your Life

“It sounds a bit extreme, but YNAB truly is life-changing. Now that I am debt-free, I am far better equipped to take on the rest of my life. I’ve been keeping the momentum going, enhancing my exercise, nutrition, continuing education, and career growth. I feel like I’m able to focus so much better in other areas because my head is so clear on money. I was always taught that money isn’t everything in life, but I sort of disagree now. Money impacts everything. It’s not the point of life, and it’s not something that should be sought after all else, but there is a difference between earning money, and keeping (and growing) your money.”

Your Next Step

Remember, budgeting is not restrictive. You won’t be spending less, you’ll be spending right. You can do this! Today. Right now. What do you have to lose? Except all that debt and stress. (Ok, so kind of a lot.)

WANT TO BE NOTIFIED OF NEW YNAB ARTICLES?

We send one email a week summarizing all the best budgeting reads.

No thanks

YNAB.

Follow YNAB to get support and lots of great ideas on budgeting