You Need A Budget (ynab)

Jesse is taking a break for the summer, so Ben and Ernie (from the Budget Nerds podcast) are stepping in to guest host.  Today, they talk about paying off debt... sustainably! So many personal finance resources urge people to pay off debt as soon as they can, and white knuckle their way toward financial freedom. While this can work for short periods of time, for many people paying off debt is a marathon, not a sprint, and white-knuckling has many pitfalls.   For one, when you're throwing every dollar and focusing all of your energy on paying off debt, it's easy to ignore Rule Two -- embracing your true expenses. If you get hit by an unplanned expense and you've thrown all your extra cash at your debt, then you may find yourself reaching for the credit card... and thereby accruing more debt. So, Ben and Ernie urge you to take things a little slower. Work the Four Rules, budget for true expenses, and have some cash reserves set aside, so that your journey to pay off debt doesn't start going backwards.   And mor