What if... saving money wasn't actually a thing? Crazy, right?! Well, if you subscribe to YNAB's philosophy -- the Four Rules -- then money is properly understand as a spending tool. The whole point of money, and your budget, is to plan how to spend your money. Savings is really just money that you plan to spend later, whether it's three days later at the grocery, three months later for an oil change you know you need to get, or thirty years later when you retire from the workforce!
Ben and Ernie explore this idea, prompted by a blog post Ben wrote back in September. Saving money is a bummer for a lot of people, and perhaps the reason is because they were thinking about it all wrong!
There's No Such Thing as Saving Money (Blog Post) by Ben Barlowe:
https://www.ynab.com/blog/no-such-thing-as-savings
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