I am now just 3 days old to YNAB(still in free trail). We have paid off over 30K in a little over a year folloing the TMMO(total money makeover-Dave Ramsey). We still have 55K to go! and don't know how long it would take to build a buffer if we didn't use the money we have now to do it.I have searched the boards here and found much info on this matter. However, still wanted to post our personal situation. I have a journal and pencil in great detail with pencil and paper each and every month, often months ahead. Our paycheck are basically the same each month so makes this pretty easy and simple. We use cash envelpes and i am able to track the pretty well. however, since coming aware of YNAB and the buffer. the idea on paying EVERYTHING except the automatic drafts at the start of the month sounds exhilirating. currently, due to blessing and other occurances we have 6100 to use for a buffer to start out May. this includes everything even sinking funds but not the full amount we would have for our snowball otherwise if we ddidnt start the buffer. we are 400 short of that full snowball amt.
also that same 6100 could be use to drastically pay down our last auto loan which we are upset down on and havent been able to refinance. its a whopping 411 a month that. so to pay that down and then just owe 3K(whcih would could easily pay off in 2-3mts.) on it would add that 411 back into our budget each month. we have our 2nd child due in august. what would you do? please advise. DH is fine with whatever gives me the most peace, so need other thoughts, ideas and perspectives.