If you’re running into financial difficulties or look at your bank statement and wonder where all the money went, chances are you could benefit from budgeting. Many individuals who sit down to create a budget with a popular spreadsheet program like Excel often find this work to be very tedious and, quite frankly, boring. Sadly, a large amount of people that sit down to make a budget often never complete it or even if they do, never follow it. You Need a Budget, developed by Jesse Mecham, makes budgeting about as easy as can possibly be.
You Need a Budget really rises above all other applications as it is incredibly easy-to-use and also uses a couple of very sound financial requirements. Firstly, YNAB uses a zero based budgeting system, which is a fancy way of saying that every dollar that you make must be accounted for. That is, whether you put that money into savings or use it to pay for your electrical bills, every dollar must be put to some use. This means that you won’t have dollars that are unaccounted for just lying around that you might be tempted to spend. Instead, every dollar in the system has a specific purpose.
All personal budget planner software typically works in a similar manner, however You Need a Budget breaks that mold to a certain degree. Budgeting software has historically been retroactive, in the sense that you enter your data and you get some expected results and can see a snapshot of the previous months. YNAB, on the other hand, is designed to be pro-active, looking at ways to allocate your money before it is even spent. It does this by introducing a “Buffer” system, or one month’s worth of full expenses. This enables the software to find ways to reach short and long term budgeting goals much more effectively.
You Need a Budget is truly astounding software that is virtually guaranteed to help anyone in any financial situation. Whether you’re a millionaire or deep in debt, chances are you could benefit from this personal budget planner software. It’s relatively lightweight, can import bank statements and the like from the internet, and is very successful at helping one plan their finances. I highly recommend that you at least give YNAB a try by taking advantage of their Free 7 day trial.!
Don’t delay, click here for the 7 day Free trial… Also as a reader of our blog, you’re qualified for a 10% discount on your purchase. Simply enter the coupon code crownfinancial and you can start enjoying the many benefits that this great program has to offer.
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