Description
Yes, letâs make this very personal. Letâs talk about how you got into this mess of debt, where you want to go, and how youâll get there. And, true to our 80/20 guide form, Iâll tell you everything you need to know and do as quickly as possible. Unless I see a good opportunity for a joke, where Iâll drag it out just a bit longer.
Sure, youâll hear fancy-pants people tell you about âgoodâ debt and âbadâ debt and the like. Theyâll discuss fancy terms like âopportunity costâ or the value of using âOPMâ (other peopleâs money, and if you didnât know what OPM meant, bless you). They may even use another three-letter acronym like âROIâ when theyâre talking about how you can leverage debt and get a better return on your investment.
Charlotte A. –
Excellent and simple read for anyone weighing the pros and cons of debt consolidation. YNAB’s four rules aren’t rocket science, just simply practicable.