Your episode got me thinking about the topic of meal planning. You motivated me to meal plan for the entire (next) month. The rules I'm going with are: give every food item a job (try to minimise waste); embrace cooking (as a necessary activity); roll with the punches (be flexible); and get ahead in your meal planning. Love your show. You blokes are the best!
These videos are SO helpful to me because living with ADHD has made my life so complicated with YNAB but since I've been watching these videos along with Hannah and the one dude with the mic. When you break it down like this it's so much easier to understand ! I have a calendar apt every night before payday I run through my budget and make sure dollars are assigned.
You guys just continue to combine budgeting with some of my other favorite topics--time management, GTD, BASB...though I did start to zone out once you started talking sports. 😉 I once made a budget in YNAB for my weekly obligations; i.e., a budget for my 168 hours. 56 hours sleeping, 40 hours working, 15 hours commuting, etc.
I tried that myself quite a few months back but it really doesn't work to use the YNAB program directly for time. Because of how it functions it's really money reliant.
Rule 4 with respect to Time Blocking or Time Management. I see this as ensuring you've saved time for self-care and living your best life. Whether that means reading, stretching, working out, spending time with your partner, kids, etc. or just sitting and contemplating life's biggest questions. In today's world, where the speed at which life moves is getting faster and faster, aging your time (ie: making the most of what you have) is critical to your own happiness. That's how I perceive rule 4 and apply that to time management.
Ya'll, this is GOLD! Ben and Ernie covered every major learning that I added to my toolbelt the last few years. Intentionality, flexibility, and strategy apply to every area of life. Building a Second Brain is also on my current book wish list 😅
Ynab win: I'm currently unemployed (in the UK we have low income benefits that are actually pretty decent). I'm more than a month ahead on my halfway emergency fund which makes me feel so much more secure
Time Management - doing things NOW for future me..... even if it's just putting a reminder into a calendar so you don't have to remember. Example: Prepping food in advance is giving your future self more time because future self doesn't have to do the prep! We clean our camper as soon as we get home so we don't have to do it in preparation for our next trip. Sort of "A Stitch In Time Saves Nine" concept.
Ya'll are so cute! Can you make an episode talking about the complicated emotions that come with budgeting? I feel like in the shorter time I've been using ynab, I struggle hard with the months where things come up and I don't have the perfect, green categories. Maybe i need help with the role with the punches rule hahaha
My interpretation of rule 4 for time: working on tasks that are further and further into the future. For example, doing taxes in January. Getting ahead in tasks to give yourself buffer once that deadline arrives.
Once upon a time when I had a fitness podcast, and I did an episode about how the 4 rules applied to fitness (funny I remember I released it around the same time Jesse did the same thing on the YNAB podcast). I broke it down as follows: Rule 1 - Being intentional with time, words, thoughts, and energy/effort Rule 2 - If you stay ready, so you don't have to get ready. Having a backup plan for if you get stuck at the office and can't workout or if a child interrupts a workout Rule 3 - If you miss a day at the gym, roll with it but get back on track the next day. Same with eating habits. Rule 4 - Most of our health and fitness goals are long-term goals, striving for longevity versus quick results.
We credit card churn so we have a category for completed SUBS on our YNAB. We also have a category for Relationships where each celebration (birthdays, holidays, etc.) is divided on a monthly basis. I just started on my lawn care and it is definitely an investment in time and effort, go Ernie!
I've been trying to apply YNAB's principles to time management since I started using it and have also found difficulty with aging my time. I've found it most applicable to my PTO budget. I work for the government and don't get a ton of PTO since I'm a relatively new employee. With my PTO budget, I give every dollar a job (med appts, trips I want to take, etc), roll with the punches and shift things around, embrace my true expenses (like med appts, when I get in late b/c the train didn't come, needing to leave early if I'm sick, etc), and then age my money by not "spending" the PTO I've earned as soon as I've gotten it. I suppose someone could do something similar with their regular time per week. I've considered doing that at least.
I was thinking that dieting lends itself extremely well to the YNAB rules. It doesn't matter what specialized diet you're using because the rules apply to all of them.
Came here to say this. I love Lose It! and realized a while back how it taps into my YNAB tendencies, gives you a ton of flexibility to move calories around and gives you a budget to work with. I find that it really works and is relatively easy to use.
I always said if I could apply just an ounce of what I've learned from budgeting to fitness, I'd lose 100 pounds, but still not quite there yet. 😅 ~BenB
Re: Time management and principal #4 I think of this as aging your routines/habits. The longer you practice your routine, the more efficient you become thus saving you time in the future. A routine or habit may take 30 minutes when you first start to implement it. Over time, it may only take 15 minutes. So, you're saving 15 minutes the older the routine becomes. Hope that makes sense.😅
Rule four for time management: If you do that little bit every day, you end up with a big pile of whatever your goal was in the beginning. For example, I wanted to read a book a week this year. I spend a little time each day reading and at the end of the year I have read (actually more than) 52 books. Time can't be banked, but what you do with that time can be. Also, pro tip, you're never going to look back at your year and say, "Wow, I spend 365 hours scrolling [insert social media app here]!" Spend that time learning a new language or something. That's something to look back on a be proud of.
1 Give every minute a job 2 Embrace your true priorities and time limitations 3 Roll with the punches 4 Guard your downtime You Need A Time Budget(YNATB) 🙂
Rule 4 for time management! I see this as investing in your future time - so all about building systems and habits that give/save you more time in the future. If there are things I can set up or do now that will save me time consistently in the future, I think of that as "aging" my time in the future. I just moved, so fresh in my mind is taking a couple extra hours now to set up my kitchen efficiently to make it easier to cook (and clean) every single day moving forward. I'm also a solopreneur, so creating systems or setting up software that saves me time in the future is also well worth the investment up front.
Managing your time with Rule 4 means being kind to your future self. Sometimes we must remember to do simple tasks, such as washing the dishes after dinner. If we forget, this can cause problems the next day when we have to wait for the dishes to be done before preparing food, upsetting our family. We can save time and stress in the long run by taking a few extra minutes to complete these small tasks now. Similarly, spending five minutes a day to pull small weeds can save us hours of work in the future trying to remove more extensive, more established weeds. Braiding hair before bed helps save time in the morning without having to do an extensive brushing.
Yes Ernie - Evernote is my brain outside my brain. I LOVE and rely on it because I can organize the notes so easily (I have almost 1,500 of them so they need to be organized to be useful). YNAB and Evernote are my fave apps.
Rule 4: age your tasks! I think David Allen has a line about this. We tend to give false urgency to tasks as they arise, but actually the (counterintuitive) goal is to delay tasks so you focus more on the prioritized list you’ve already defined, instead of constantly reacting to new tasks as they arise. 🤓
Before I saw this episode, I had been thinking if there was a way I could use YNAB for time management. I made a new budget and started playing around with the time categories. I found I could start with my money categories because each money category corresponded to time. For example, the money category of Christmas gifts corresponded with the time categories of shopping for gifts and wrapping gifts. I made an entire "time budget." Once I had it all categorized, I turned to the "accounts" and "time to assign" factors of this. I started thinking that I would get paid every morning (time inflow), and I could assign the minutes (I made a minute = dollar) and I would have to enter transactions of how I spent my time. I would have to spend every dollar (minute) because, unlike money, it would not roll over to the next day. Well, that's as far as I got. I haven't started playing with it yet, but it's all set up in YNAB as one of my budgets. If you ever want to see my "time categories" set up in YNAB, let me know!
What's the name of the app Ben is using for time management instead of a calendar? I tried slowing playback speed down to try to catch the name but couldn't make it out. What I did discover however is that at .5 playback speed, Ben appears to have taken a few shots before the podcast started.😀
Yes to a lawn care 101 session with Ernie! Also can we see pics of his lawn? I can't be the only one that wants to see the lawn that has its own YNAB category. 😅
Honestly, it's not that great right now! I have a lot of mini renovation projects going on in the yard, and it'll probably be a year or two before it all comes together! But, yeah, I should find an excuse to share some yard pics in an upcoming episode. ~Ernie
Do we know anyone... 😏 Here's our list of our 80 certified YNAB coaches! They all went through months of rigorous training and education with some of our top notch education staff to obtain their certification, and LOVE helping new (or old) YNABers get the support they need to know how to get started or get their feet under them! Check 'em out!! www.ynab.com/coaching-directory/? 🌻 Hannah
@@rjt135 I'll have to take your word on it. I'm not a sports guy but I know the Moneyball story because of the movie and several of my regular podcasts have covered it as well.
You all are helping me get closer. I *think* the story I heard was actually about Sam Hinkie with the Philadelphia 76ers. Several articles seem to say his story is where the phrase originally came from. But it's clear that phrase has been used in a lot of contexts. I just wish I knew which podcast I heard it on. It's driving me nuts! 😂 ~BenB
As far as Rule 4, maybe do something today that will be done so that you can free up time for tomorrow. Like the vacations you talk about, you have to allot time to get things done so you can go away.
Trust the Process was the 76ers. They intentionally lost games to draft a couple players they really wanted. The ownership told fans to trust the process as they lost.
Came here specifically to say TRUST THE PROCESS and get it out of my first brain and into my second brain, which in this instance is… UA-cam comments?!
Your episode got me thinking about the topic of meal planning. You motivated me to meal plan for the entire (next) month. The rules I'm going with are: give every food item a job (try to minimise waste); embrace cooking (as a necessary activity); roll with the punches (be flexible); and get ahead in your meal planning. Love your show. You blokes are the best!
A great area to consider!
Perfect example! ~BenB
Love this
Two of the greatest faces in budgeting! Thanks for your ongoing wisdom gents!
Got here 4min after the video was posted and still missed the chance at the 1st comment! 🤣🤣
@@Natazavrik LOL. It's all about time management! If you haven't seen the video yet, that comment may not make sense.
@@lumberninja niiice 🤣
These videos are SO helpful to me because living with ADHD has made my life so complicated with YNAB but since I've been watching these videos along with Hannah and the one dude with the mic. When you break it down like this it's so much easier to understand ! I have a calendar apt every night before payday I run through my budget and make sure dollars are assigned.
You guys just continue to combine budgeting with some of my other favorite topics--time management, GTD, BASB...though I did start to zone out once you started talking sports. 😉
I once made a budget in YNAB for my weekly obligations; i.e., a budget for my 168 hours. 56 hours sleeping, 40 hours working, 15 hours commuting, etc.
I tried that myself quite a few months back but it really doesn't work to use the YNAB program directly for time. Because of how it functions it's really money reliant.
Rule 4 with respect to Time Blocking or Time Management. I see this as ensuring you've saved time for self-care and living your best life. Whether that means reading, stretching, working out, spending time with your partner, kids, etc. or just sitting and contemplating life's biggest questions. In today's world, where the speed at which life moves is getting faster and faster, aging your time (ie: making the most of what you have) is critical to your own happiness. That's how I perceive rule 4 and apply that to time management.
Ya'll, this is GOLD! Ben and Ernie covered every major learning that I added to my toolbelt the last few years. Intentionality, flexibility, and strategy apply to every area of life. Building a Second Brain is also on my current book wish list 😅
Complete side note, a full ecosystem for a yard is so so much better and healthier than the mono-ecology of the "perfect yard".
Ynab win: I'm currently unemployed (in the UK we have low income benefits that are actually pretty decent). I'm more than a month ahead on my halfway emergency fund which makes me feel so much more secure
THANK YOU for the plug!!!!
Time Management - doing things NOW for future me..... even if it's just putting a reminder into a calendar so you don't have to remember. Example: Prepping food in advance is giving your future self more time because future self doesn't have to do the prep! We clean our camper as soon as we get home so we don't have to do it in preparation for our next trip. Sort of "A Stitch In Time Saves Nine" concept.
Ya'll are so cute! Can you make an episode talking about the complicated emotions that come with budgeting? I feel like in the shorter time I've been using ynab, I struggle hard with the months where things come up and I don't have the perfect, green categories. Maybe i need help with the role with the punches rule hahaha
Notion and a second brain go together like peanut butter and jelly. Love it!
My interpretation of rule 4 for time: working on tasks that are further and further into the future. For example, doing taxes in January. Getting ahead in tasks to give yourself buffer once that deadline arrives.
Once upon a time when I had a fitness podcast, and I did an episode about how the 4 rules applied to fitness (funny I remember I released it around the same time Jesse did the same thing on the YNAB podcast). I broke it down as follows:
Rule 1 - Being intentional with time, words, thoughts, and energy/effort
Rule 2 - If you stay ready, so you don't have to get ready. Having a backup plan for if you get stuck at the office and can't workout or if a child interrupts a workout
Rule 3 - If you miss a day at the gym, roll with it but get back on track the next day. Same with eating habits.
Rule 4 - Most of our health and fitness goals are long-term goals, striving for longevity versus quick results.
We credit card churn so we have a category for completed SUBS on our YNAB. We also have a category for Relationships where each celebration (birthdays, holidays, etc.) is divided on a monthly basis. I just started on my lawn care and it is definitely an investment in time and effort, go Ernie!
I've been trying to apply YNAB's principles to time management since I started using it and have also found difficulty with aging my time. I've found it most applicable to my PTO budget. I work for the government and don't get a ton of PTO since I'm a relatively new employee. With my PTO budget, I give every dollar a job (med appts, trips I want to take, etc), roll with the punches and shift things around, embrace my true expenses (like med appts, when I get in late b/c the train didn't come, needing to leave early if I'm sick, etc), and then age my money by not "spending" the PTO I've earned as soon as I've gotten it. I suppose someone could do something similar with their regular time per week. I've considered doing that at least.
I was thinking that dieting lends itself extremely well to the YNAB rules. It doesn't matter what specialized diet you're using because the rules apply to all of them.
Came here to say this. I love Lose It! and realized a while back how it taps into my YNAB tendencies, gives you a ton of flexibility to move calories around and gives you a budget to work with. I find that it really works and is relatively easy to use.
I always said if I could apply just an ounce of what I've learned from budgeting to fitness, I'd lose 100 pounds, but still not quite there yet. 😅 ~BenB
Re: Time management and principal #4
I think of this as aging your routines/habits.
The longer you practice your routine, the more efficient you become thus saving you time in the future.
A routine or habit may take 30 minutes when you first start to implement it. Over time, it may only take 15 minutes. So, you're saving 15 minutes the older the routine becomes.
Hope that makes sense.😅
Rule four for time management: If you do that little bit every day, you end up with a big pile of whatever your goal was in the beginning. For example, I wanted to read a book a week this year. I spend a little time each day reading and at the end of the year I have read (actually more than) 52 books. Time can't be banked, but what you do with that time can be.
Also, pro tip, you're never going to look back at your year and say, "Wow, I spend 365 hours scrolling [insert social media app here]!" Spend that time learning a new language or something. That's something to look back on a be proud of.
1 Give every minute a job
2 Embrace your true priorities and time limitations
3 Roll with the punches
4 Guard your downtime
You Need A Time Budget(YNATB) 🙂
Fun episode! Good to mix it up occasionally 😅
Rule 4 for time management! I see this as investing in your future time - so all about building systems and habits that give/save you more time in the future. If there are things I can set up or do now that will save me time consistently in the future, I think of that as "aging" my time in the future.
I just moved, so fresh in my mind is taking a couple extra hours now to set up my kitchen efficiently to make it easier to cook (and clean) every single day moving forward. I'm also a solopreneur, so creating systems or setting up software that saves me time in the future is also well worth the investment up front.
Managing your time with Rule 4 means being kind to your future self. Sometimes we must remember to do simple tasks, such as washing the dishes after dinner. If we forget, this can cause problems the next day when we have to wait for the dishes to be done before preparing food, upsetting our family. We can save time and stress in the long run by taking a few extra minutes to complete these small tasks now. Similarly, spending five minutes a day to pull small weeds can save us hours of work in the future trying to remove more extensive, more established weeds. Braiding hair before bed helps save time in the morning without having to do an extensive brushing.
Yes Ernie - Evernote is my brain outside my brain. I LOVE and rely on it because I can organize the notes so easily (I have almost 1,500 of them so they need to be organized to be useful). YNAB and Evernote are my fave apps.
I really started loving Evernote once I discovered tags! ~Ernie
Danny from Wales….subscribed 4 months ago…inspirational you two guys, more than you maybe know!!!
Rule 4: age your tasks! I think David Allen has a line about this. We tend to give false urgency to tasks as they arise, but actually the (counterintuitive) goal is to delay tasks so you focus more on the prioritized list you’ve already defined, instead of constantly reacting to new tasks as they arise. 🤓
Also, I set up a ynab budget using PARA!
Rule 4/ time blocking sharpening the saw/ plan your day give you more time by planning what you want to do with your time
Before I saw this episode, I had been thinking if there was a way I could use YNAB for time management. I made a new budget and started playing around with the time categories. I found I could start with my money categories because each money category corresponded to time. For example, the money category of Christmas gifts corresponded with the time categories of shopping for gifts and wrapping gifts. I made an entire "time budget." Once I had it all categorized, I turned to the "accounts" and "time to assign" factors of this. I started thinking that I would get paid every morning (time inflow), and I could assign the minutes (I made a minute = dollar) and I would have to enter transactions of how I spent my time. I would have to spend every dollar (minute) because, unlike money, it would not roll over to the next day. Well, that's as far as I got. I haven't started playing with it yet, but it's all set up in YNAB as one of my budgets. If you ever want to see my "time categories" set up in YNAB, let me know!
What's the name of the app Ben is using for time management instead of a calendar? I tried slowing playback speed down to try to catch the name but couldn't make it out. What I did discover however is that at .5 playback speed, Ben appears to have taken a few shots before the podcast started.😀
🤣🤣🤣 It's called Llama Life ~Ernie
@@YNABofficialThanks!
One great suggestion for and app for building a second brain that I personally use is Obsidian. Thank you for Llamalife!
I've been meaning to check out Obsidian! I've heard a lot of good things! ~BenB
Mind expanding topic
Yes to a lawn care 101 session with Ernie! Also can we see pics of his lawn? I can't be the only one that wants to see the lawn that has its own YNAB category. 😅
Honestly, it's not that great right now! I have a lot of mini renovation projects going on in the yard, and it'll probably be a year or two before it all comes together! But, yeah, I should find an excuse to share some yard pics in an upcoming episode. ~Ernie
Hi guys... Do you know anyone who does personal YNAB coaching (zoom if necessary) to help get their personal budget on track again?
Do we know anyone... 😏
Here's our list of our 80 certified YNAB coaches! They all went through months of rigorous training and education with some of our top notch education staff to obtain their certification, and LOVE helping new (or old) YNABers get the support they need to know how to get started or get their feet under them! Check 'em out!!
www.ynab.com/coaching-directory/?
🌻 Hannah
Weight Watchers and Points!
Ben: Did you mean "trust the process" from Moneyball? It was Billy Beane and the Oakland As...
That's what I was thinking too
Or Philadelphia 76ers
@@rjt135 I'll have to take your word on it. I'm not a sports guy but I know the Moneyball story because of the movie and several of my regular podcasts have covered it as well.
You all are helping me get closer. I *think* the story I heard was actually about Sam Hinkie with the Philadelphia 76ers. Several articles seem to say his story is where the phrase originally came from. But it's clear that phrase has been used in a lot of contexts. I just wish I knew which podcast I heard it on. It's driving me nuts! 😂 ~BenB
@@YNABofficial Was is 99% Invisible?
As far as Rule 4, maybe do something today that will be done so that you can free up time for tomorrow. Like the vacations you talk about, you have to allot time to get things done so you can go away.
Trust the Process was the 76ers. They intentionally lost games to draft a couple players they really wanted. The ownership told fans to trust the process as they lost.
Came here specifically to say TRUST THE PROCESS and get it out of my first brain and into my second brain, which in this instance is… UA-cam comments?!
Joel Embiid, yeah?
@@mooresmade yeppers.
THANK YOU! ~BenB
Just wait until Ben finds out about Bobby Bonilla. He's going to lose his mind. July 1st is right around the corner!
I'm so glad you brought this up-I always get a kick out of this situation every year! I'm going to message Ben right now. ~Ernie
Haha, Ernie did indeed message me about this. I heard about it on the Planet Money podcast, believe it or not! Absolutely wild! ~BenB
Dieting and calories
Bring back the on-topic financial budgeting chat!