For the longest time, I struggled with budgeting. I’ve watched countless YouTube videos and tried various apps and software without much luck. Last week, I decided to really dive deep and came up with a method I’m calling the Free Cash Flow Forecast. It’s helped me clarify the answer to what I think is the most important budgeting question: “How much money do I truly have available today?”
I’ve paired this method with a budgeting app, and managing my finances has become so much easier. I used to think financial freedom would feel like an infinite surge of comfort and excitement, but honestly, it’s more like, “Wow, this was what was holding me back… it’s too easy.” Now, I’m completely stress-free when it comes to money.
I’m curious to see if this could help others as much as it’s helped me, before even thinking about turning it into an actual app. If you’re interested in trying it out, just send me a message!
Your approach to budgeting with “Paycheck Periods” sounds practical and well-structured. By focusing on bi-weekly income, you can better manage fixed expenses and calculate your Free Cash Flow (FCF) for each period. This method helps you see what you can spend or save, and planning for the entire year highlights opportunities for savings while ensuring you’re prepared for surprises. It’s a proactive way to handle finances!
You’re spot on—it’s the daily tracking, categorizing, and adjusting spending in real-time that makes budgeting effective, not just writing down numbers. YNAB excels here, automating transaction imports, managing debts, and keeping you accountable. Testing it could reveal what’s missing.
Thanks for sharing! Your approach resonates—having a clear view of “how much extra money I have today” is key. I’ve tried YNAB and others, but they never quite flowed right. Love that you’re building a tool that’s simple yet robust for real-time forecasting. Best of luck with your release next year!