meta_pixel
Tapesearch Logo
Log in
The YNAB Podcast

026 - Backpacking and Rationing

The YNAB Podcast

YNAB

Consolidation, Total, Budget, Dave, Peace, Money, A, Education, Ynab, Finance, Bankruptcy, Makeover, Fpu, Software, Management, Personal, Need, Ramsey, Financial, University, Debt, Kids & Family, You

4.71.1K Ratings

🗓️ 16 April 2012

⏱️ 8 minutes

🧾️ Download transcript

Summary

When backpacking, you don't eat all of your food the first day. When you receive a paycheck, you don't spend all of your money the first day either. Also, handling a wildly variable income.

Transcript

Click on a timestamp to play from that location

0:00.0

Hello, Wine Evers. My name is Jesse Meekham and this is Hotcast Number 26 for you need a budget car edition.

0:17.0

I will teach you four rules to help you stop

0:19.0

when you check your paycheck, get out of debt and save more money.

0:23.0

I didn't want to miss a podcast, but I have about a,

0:26.0

about six hours left of this drive.

0:29.0

So I'm recording this from my car.

0:32.0

Technology is a miracle. It's not my phone. Anyway, it will also really help

0:40.1

me to stay awake during this drive. I want to talk today about backpacking a little bit.

0:47.0

I'm planning a backpacking trip for the scouts. It's going to be a week long and you have to pack in all of your food and then pack out everything that you bring in obviously.

0:57.0

They call it leaving no trace, so we make sure we do that.

1:01.0

And I have to grapple with the food, basically. When your

1:06.4

backpacking you want to obviously have as light a pack as possible and you

1:11.6

want to make sure that you have enough food.

1:13.0

And you have all of the food right up at the front at the beginning of your trip.

1:18.0

It wouldn't make a lot of sense if you were backpacking

1:22.0

to pack up all this food that should last you for the

1:25.0

week and then you devour it in the first two days. So think about your paycheck and

1:31.9

think about that in relation to rationing food for a backpacking trip.

1:37.0

Same thing if you're on some long distance bike trip or running a marathon or anything like that.

1:42.0

You ration out those energy sources,

1:45.0

just like you should ration out your paycheck.

1:48.0

Now as you implement Rule 4 and you stop moving paycheck to paycheck,

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from YNAB, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of YNAB and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.