Hello, Wine Evers. My name is Jesse Meekam and this is podcast number 127 for 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.

Today I want to talk about clarity, scarcity, Rule 1 and forecasting. I've

been working on my new book. It's called Pace and it has a lot to do with the new business website that we started.

Well, the new totally new brand called Pace.

You can see the Pace HQ.com slash blog.

If you go to Pace HQ.com without the slash blog if you go to pace hq without the slash blog you will see nothing except a sentence that says to go to

slash blog because that's where anything that's happening is happening

is happening.

Working on the book, my goal with the book is to reach small business owners that have a problem with their cash flow, and that means pretty much every small business owner. I'm included in that and this has

been a great exercise for me. In writing this book I've stumbled on to some new

insights. One of those has to do with clarity, scarcity, and Rule 1 and forecasting and how that wrecks everything.

One of the big advantages for Rule 1, and I prefaced this with that it was for small business owners, this principle itself

that I'm about to talk about is for everyone, which is why I'm talking about it here on this

podcast.

Rule 1 gives you clarity. It lets you prioritize your expenses and decide what does

this money need to do before I'm paid again. It doesn't matter if you're going to make

a million dollars tomorrow. Your sole question is still what

does this money have to do before I'm paid again. That question gives you clarity.

Also clarity is given because you are dealing with a zero-based budget. That is to say that when you say

I'm going to add money to priority A, you may have to take money from priority B. We know that you

will have to take money from somewhere because it's

...