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The YNAB Podcast

061 - Friction.

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

🗓️ 17 December 2012

⏱️ 6 minutes

🧾️ Download transcript

Summary

When you're in a job you don't like, there's friction, because you're not spending your time doing something you love. When your money's misbehaving, there's friction. Because your money isn't doing things you love.

Transcript

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0:00.0

Hello, I'm Abbers. My name is Jesse Meekham, and this is podcast number 61 for you need a budget,

0:19.0

where we teach you four rules to help you stop living paycheck to paycheck, get out of debt, and save more money.

0:26.2

I want to get back to the basics today and chat a little bit about the budget. We've had the opportunity getting a lot of awesome applications for

0:37.0

our rails position, Ruby on rails position to basically build out some very cool stuff for WANAB in the coming months and years.

0:47.0

And as I read the job applications, it's fun to see people wanting a job not for the money, but for other

0:56.7

intangible benefits. You know, work life balance, a challenge challenge wanting to learn something wanting to make a

1:06.1

difference have an impact you sell those things in these interviews with these great

1:11.2

candidates and it's exciting and I was thinking about that the job

1:15.1

application is is kind of a way to articulate what you want to do with your time. You're saying I want to spend my time in this way I want to spend it

1:27.7

building something great that other people can use to improve their finances

1:31.7

and you enter into a contract with an employer and you say,

1:37.7

I am willing and ready and would love to spend my time, my life, a portion of your life, to do this work and then you're

1:50.1

compensated for it.

1:52.4

And I love in these cover letters that I'm reading

1:54.6

and different things. I love seeing that so clearly articulated. People caring

1:59.0

about their life and their accomplishments and how they feel about their work.

2:07.0

And I wonder often if we couldn't look at the budget in the same way.

2:12.0

If we couldn't say that a budget is simply a clear articulation

2:18.2

of what you want your money to do, with no judgment attached to it whatsoever.

2:25.0

So when you really, really want that thing, then that is perfectly appropriate.

2:33.0

What we find happens in our culture where we're just marketed to constantly

2:41.0

is that we end up having our money do things that we don't really want.

...

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