Comments on: Borrowing from yourself http://www.countingmypennies.com/2009/03/18/borrowing-from-yourself/ Fri, 12 Mar 2010 17:40:22 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Festival of Frugality #170 - Frugal Living is Timeless | Personal Finance Blog by Money Ning http://www.countingmypennies.com/2009/03/18/borrowing-from-yourself/comment-page-1/#comment-1980 Festival of Frugality #170 - Frugal Living is Timeless | Personal Finance Blog by Money Ning Tue, 24 Mar 2009 13:02:29 +0000 http://www.countingmypennies.com/?p=943#comment-1980 [...] Megan presents Borrowing from yourself [...] [...] Megan presents Borrowing from yourself [...]

]]> By: Jason @ MyMoneyMinute http://www.countingmypennies.com/2009/03/18/borrowing-from-yourself/comment-page-1/#comment-1934 Jason @ MyMoneyMinute Sat, 21 Mar 2009 19:20:26 +0000 http://www.countingmypennies.com/?p=943#comment-1934 We started living on the previous month's income after my wife got a good Christmas bonus one year. I simply don't care when payday is, and that's a freeing feeling. So many co-workers go into bunker-mode near payday. They start eating Top Ramen and hoping to delay the rent check until Monday, because they're waiting to be paid. I know how much money is already there for the entire month and that's a freeing feeling. It's also a built-in one-month emergency fund! Although I have never used YNAB, I felt validated by my one-month ahead strategy when I found out he used that as part of his plan. I'll have to check out YNAB one of these days. We started living on the previous month’s income after my wife got a good Christmas bonus one year. I simply don’t care when payday is, and that’s a freeing feeling. So many co-workers go into bunker-mode near payday. They start eating Top Ramen and hoping to delay the rent check until Monday, because they’re waiting to be paid. I know how much money is already there for the entire month and that’s a freeing feeling. It’s also a built-in one-month emergency fund!

Although I have never used YNAB, I felt validated by my one-month ahead strategy when I found out he used that as part of his plan. I’ll have to check out YNAB one of these days.

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