Comments on: Two Financial Game-Changers

By: David Murray

David Murray — Tue, 07 Oct 2014 13:22:00 +0000

Peter. See #3 on this post http://headhearthand.org/blog/2014/09/23/new-student-tip-12-money-management/
If you don’t have that emergency fund saved up, then you have to try to pay it out of the daily budget – hopefully you’ve got some saved up from the month – and then really tighten up for the rest of the month. But ideally, these expenses should come out of an existing emergency fund.

By: Peter

Peter — Tue, 07 Oct 2014 02:15:00 +0000

Dave,
What do you do i for example if you have to go to the mechanic and have a $500 car bill. How do you deal with that on your daily budget?

By: David Murray

David Murray — Tue, 30 Sep 2014 20:21:00 +0000

Thanks Ian. I’ll add that to the post.

By: David Murray

David Murray — Tue, 30 Sep 2014 20:20:00 +0000

Didn’t know that! Thanks for advancing my Americanization

By: David Murray

David Murray — Tue, 30 Sep 2014 20:20:00 +0000

I’ll have a look at YNAB. Thanks for your comment.

By: Kim

Kim — Fri, 26 Sep 2014 20:41:00 +0000

Hello, Dr. Murray,
Just an observation –> most people get paid bi-weekly, at the seminary we get paid monthly. It makes it more challenging but more essential to have a budget.

Kim

By: justmerach

justmerach — Fri, 26 Sep 2014 16:02:00 +0000

I’ve been motivated recently by better grasping my personal financial priorities: integrity in prompt billpaying, saving, productivity (tool purchase/maintenance), charitable giving, generosity, health (proactive investment), etc. All competing for the same pie.*

For example, my grocery budget won’t go down, but I’ve decided that is ok with me as I am attempting more hospitality lately, and that takes more money than feeding one!

Budgeting awareness has surprisingly given me more freedom to spend in the areas I want to spend in, rather than always worrying “do I have enough to try something new”? Tightening the belt never feels fun, but if it is being tightened in some areas in order to dedicate to other worthy and diligently chosen endevours, it takes on a more positive flavour in my perception.

*To give credit where it is due: I’ve already given a plug to YNAB as software. I think some of their step tutorials, like “Give every Dollar a job” have helped in changing my mindset. The guidance is about as helpful – if not more so – than the software is.

By: Ian Tyrrell

Ian Tyrrell — Fri, 26 Sep 2014 05:58:00 +0000

Thanks for the kind words – I know the whole team appreciates hearing that we’re helping people out!

Cheers,
-Ian

By: justmerach

justmerach — Fri, 26 Sep 2014 04:48:00 +0000

Elegant software indeed.

Thanks for all your hard work, Ian! I was just going to give your plug for you… I’ve pointed quite a few students at that offer.

I’m not a student myself – I’ve happily paid for your software after trying the free trial and it has been worth every penny and more. Thankyou again!

By: Ian Tyrrell

Ian Tyrrell — Thu, 25 Sep 2014 02:54:00 +0000

Hi Hanneke,
Just wanted to let you know that we offer YNAB for free for students. I don’t know if you’ve already purchased a full copy, but if you know any other seminary (or you know, regular college/university) students who we can help out, they can use YNAB for free while they are studying.

More details here:http://www.youneedabudget.com/blog/2014/ynab-is-now-free-for-college-students/

Cheers,
-Ian Tyrrell
Senior Code Wrangler
http://www.YouNeedABudget.com