You Need Frugality?

Frugality is a virtue. At least, that's what many people in the financial space would claim. Being frugal is commonly seen as a good thing, presumably because it enables you to save more money. The environmentally conscious might see value in frugality as a means to reducing overall consumption. YNAB, one could argue, aims to make you more frugal. But YNAB is more interested in a deeper question: why be more frugal?

 

The first habit in the YNAB method is to give every dollar a job. To do so, you have to know what it is you want your money to do for you, where you are aiming at. Saving money is a great thing, but YNAB encourages you to ask the question: for what?

 

Being frugal is not an answer. It is merely the means by which you get to the answer!

 

Got a question for Jesse? Send him an email:

[email protected]

 

Sign up for a free 34-day trial of YNAB at www.youneedabudget.com

 

Follow YNAB on social media:

Facebook: @iYNAB

Instagram: @youneedabudget

Twitter: @ynab

Tik Tok: @ynabofficial