That's me. It's simple. You live a cheap life with a good career
Basically my financial situation is:
Me work.
Me get paid.
Banana purchase.
Repeat.
Theres loads of ways to manage your spending without a budget, more effective for most people too.
God no. I got in so much debt with ADHD and no budget. Finding YNAB saved my ass and allowed me to buy a house right before it became impossible to do so. Now I won't pay YNABs insane prices but I still use the same methods.
But obviously I have ADHD so I've had to restart that budget many many times. I've forgotten about it multiple times over the last 13 years. But I'm finally consistent with it. I check it when I'm going to make a big purchase, I know my general what I need weekly, and I fully review it every pay day (or you know, 2 days later shhh).
every two years I try to do spending analysis and load up ynab again (the original desktop version)
it lasts shorter every time I do it, and I just revert back to "okay I make about this much, these are my bills and savings that automatically transfer/pay, so I should be able to spend around x amount" and then just keeping an eye on minimum balances. I just can't do all the work categorizing spending like I just don't really care where I'm spending money, as long as it's within reason
🙌 putting all my stuff into ynab4 since like 2012, i just do it once a week
There’s a psychological horror game I play. Occasional jumpscare, but mostly just slow building dread.
It’s called You Need a Budget 4.
(None of that modern YNAB shit, this one’s old school and out of support. I’m not paying a subscription to manage my cash.)
I can't imagine how people could be so precise & rigid with their own personal liquid finances. It's all about vibes for me. Always has been.
My budget is rigid where the expenses are rigid (mortgage, daycare, utility bills) and fluid where the expenses are fluid (eating out, date nights, video games)
That's a good way of describing my system. I put the bills on auto pay and stop spending when it runs out.
I used to keep my checking account balance in my head and would only see the balance on ATM receipts. Only bounced 1 check in about 6 years in my teens/early 20's. Needless to say, my wife was horrified and is the family banker.
I just make my direct deposit put certain amounts of money into accounts that cover essential things like bills, mortgage, savings, retirement, etc. Then what’s left gets put in my checking account. Thats basically money for spending on whatever I want or need that week.
I don't budget, would never be able.to follow it. Just good enough at being able to spend less than I make to the point I have a house.
What does "official budget" mean? Serious question, what else are you supposed to do other than check your account every once in a while*?
* (and by that I mean get notifications from your bank if there's any movement)
I have an excel sheet with basic things like my income, rent, other monthly items, and rough estimates for things like groceries or regular hobbies. Then I look at what's left over and use that as a reference point. I definitely don't keep a very strict budget, and you vould argue it doesn't fit the bill for an "official budget", but it's worked well enough for me so far
Also my banking app has some basic budgetary info, so I can look at my monthly spending and such
In control enough of your finances enough to know about how much you spend on food, fun, and other living expenses, as well as awareness of how much you have (or dont have) available for spur of the moment things like bar trips or whatever on a paycheckly basis.
Bonus points for saving for plans for this year, to include that concert you wanted to see. Bonus bonus points for having some sort of plan for retirement beyond social security and walmart greeter.
Some people use apps or spreadsheets to have a very structured budget. I am not one of them. I have a concept of a budget.
I use a spreadsheet. Mainly so I can see where my money is going/how much I need to get paid to continue not being homeless.
To be very fair though this isn't a skill I learned so much as one that was forced on me by the military before they'd let me "adult". By adult I mean live on my own.
Very interesting, how’d they enforce that?
I have a math brain; I do not, however, have a brain that can make plans or follow them consistently
Who needs budgets when you have terrible anxiety about spending money
What do you mean "budget"?
It's like a parakeet, I think.
Ahh, makes sense. thanks.
Long time ago I had the benefit of spending a couple years in banking. Bankers have a very different attitude about money than most people since for a bank, money is the "product."
The most valuable thing I learned from that experience was that in order to be in control of my finances, I had to have a clear understanding of what my money is "doing." Just being able to get that insight has been enough to keep me relatively on top of my book keeping.
sounds like something people with leftover money do
the change is pretty stark, when you go from living paycheck to paycheck to suddenly getting a choice again.
A casual community for people with ADHD
Values:
Acceptance, Openness, Understanding, Equality, Reciprocity.
Rules:
Encouraged:
Relevant Lemmy communities:
lemmy.world/c/adhd will happily promote other ND communities as long as said communities demonstrate that they share our values.
