Managing Variable Income as a Graduate Student

The Budget Nerds have covered the spending habits of a lot of married folks with families, but what about the single people out there? In today's episode, Ben and Ernie speak with Jasmin Green, a PhD student in the Department of Plant Sciences at UC Davis. Jasmin is an avid YNAB'er, who credits the methodology with keeping her bank account in order during the financially challenging years of graduate school. As a PhD student, Jasmin's income is highly variable, with several streams of income from stipends, grants, and emplyoment as a TA -- each with their own tax implications. Despite the lumpy income, Jasmin has successfully used YNAB to navigate the costs of living in graduate school while remaining relatively stress-free, at least when it comes to money!

Jasmin breaks down the categories in her spending plan in full detail, and how they each fit into the big picture of her financial life.

Share your YNAB wins with Ben and Ernie!

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