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May 29, 2023 9 min

Rule Four Reviewed

from The Jesse Mecham Show Hosted by Jesse Mecham

Beef is pretty good aged, but you know what's even better? Aging your money! That's Rule Four -- aging your money. Basically, increase the amount of time between when you earn the money and when you spend it. By following Rule One through Three, you can accumulate cash in your categories and pre-fund future expenses, thereby increasing your options. When you have a lot of cash available, you have options for handling unexpected expenses, taking advantages of opportunities (which require money/investment), or simply changing your strategy. It's easy to re-assign dollars that are already in categories, but you have to have the dollars there in the first place. That's the essence of aging your money. Facebook: @iYNAB Instagram: @youneedabudget Twitter: @ynab Tik Tok: @ynabofficial 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

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