Since we’ve become budgeting ninjas (all thanks to YNAB), I wanted to share how we’ve customized the software to ensure we’re spending our money wisely month-in and month-out.
Income
Any amount of money that comes into your household should be considered income. That means you should include the following income categories when planning out your monthly budget .
1
Giving
No matter how much money you make or how much debt you’re in, make it a priority to give at least 10% of any income you receive.
2
Saving
In the savings category, I recommend aiming to save at least 20% of your income if you’re debt-free.
3
Debt Payment
Speaking of debt, in this category include any expenses that are owed to other people.
4
Recurring Monthly Bill
Next, include your monthly bills that come each and every month that aren’t considered debt.
5
Swipe Up To Learn More HOW WE CUSTOMIZE THE MONTHLY BUDGET