How We Manage Our Twin Expenses (and our family of six)

Raising your twins is an expensive adventure.

In addition to the big purchases like car seats and cribs, you have ongoing costs with diapers, formula, clothes, and more.

Without a system in place to manage where all the money is going, you can quickly get overwhelmed.

Today, I wanted to share with you a tool that we personally use as a family to keep our budget running smoothly.

We’ve been using this online budgeting tool for several years with great success.

It automatically pulls in our income and expenses from our bank accounts so we can see at a glance (even in a mobile app) where our money is going.

What is the magic tool called?

YNAB

Funny name I know but it stands for “You Need a Budget”. Which obviously, you do.

This simple tool has helped us live within our means and be smarter when making purchasing decisions at the store.

Even if you hate budgets, this tool will help you manage your family’s finances from a new perspective.

You’ll feel like you’re controlling your finances and not the other way around.

The first step of controlling your expenses is to know where you’re spending your money. This tool helps you see the reality of your spending so you can then make informed adjustments to your buying habits.

➡️ Sign up for YNAB here ⬅️

If you have any questions about YNAB, just send me an email and let me know.

Further Reading

Dad's Guide to Raising Twins book
Don't forget to pick up a copy of the definitive guide to raising twins. "Dad's Guide to Raising Twins" was written for fathers of twins to help guide you through the first several years with twins. Click here to learn more about the book and get your copy.