Hello, Wine Abbers. My name is Jesse Meekham, and this is podcast number 112, where you need a budget,

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

What about earning a tiny, diny tiny bit of money? Mark wrote on the

blog a little while back about fat checking accounts. A lot of wine abbers have fat checking accounts. The reason being is that you

start to follow Rule 2 and you start looking ahead to long term, larger, less frequent expenses,

like Christmas, the holidays, vacation, taxes, life insurance premiums,

car insurance premiums, birthdays, anniversaries.

That's all I can think of off the top of my head.

There are lots more.

Your knowledge may vary.

But on those Rule 2 funds, you start looking ahead and seeing that you need to set aside

money for those large funds, making them monthly expenses.

So you're setting aside 100 bucks a a month every month if you wanted to spend

$1,200 on Christmas this year. That money would not have been in your checking

account where you're not following rule two and kind of going off of the Wneab way you would be operating with I don't

know hundreds in your checking account some people overdraft a lot and are in a

pretty tight spot it was just kind of the modus

operanda for a lot of people and once you follow the wineab way that cash just

sits there and that's where some of the fatness comes. Rule one also kicks in

zero-based budgeting means you are weighing priorities constantly is this

better than that do I want my money doing this more than that and that kind of thinking that kind of

awareness lends itself to less spending overall. You find your contentment is

...