In today's episode, Ben and Ernie interview Lauren, a single mid-30's physical therapist living in Arizona. Lauren is already a legend in the Budget Nerds community for YNAB'ing for years completely manually, without ever connecting a bank account. A true budget nerd, she logs in daily to enter transactions and reconcile. She's never even done a file import to enter transactions!

Lauren shares her YNAB story which began with graduating from school and working her first job. Her newfound income felt like a financial safety blanket, and she began spending, unbeknowst to her, well beyond her means. She found herself deep into debt from both credit cards and student loans, and had to ask her mother for help making ends meet. Eventually Lauren discovered YNAB, learned how to spend more thoughtfully with cash on hand rather than debt, and slowly began to take control of her situation. In just a few years she paid off well over $100k of debt!

Lauren also shares her challenges planning as a single person, including the hidden costs of being single. Housing, taxes, products and services... many aspects of personal finance today are geared toward couples and families, and may not offer good options for single adults. Single people also face unique emotional challenges. While they may only be accountable to themselves financially, they also solely bear the burden of saving for potential job loss and other unforeseen events that could impact their cash flow. Many couples and families  have the peace of mind of two incomes, as well as the emotional stablity of two people working toward a common goal of financial stability.

Finally, Lauren breaks down her YNAB categories as well as her daily habits, including using a checkbook and reconciling her balances by hand in the register!

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