Hello, whinabbers my name is Jesse Meekham and this is podcast number 215 for Wineb.

Where we teach you four rules to help you stop looking paycheck to paycheck,

get out of debt and save more money.

Today I want to talk about a little experiment I'm kicking around, which is the idea of the ideal

budget.

The idea that maybe once you've built up a cushion, maybe when your age of money is, I don't know, 60 days, 90 days and never really dips below that.

And all of your true expenses are being saved for it. You've just got this pile of cash. Maybe then you can really

simplify and try and eliminate any other money management tedium that may be there.

And I don't think all tedium is bad, although tedium itself, the word itself does

tend to bring some negativity, but I don't think all money management is bad and I do often

wonder what we could still eliminate and get the same result.

I think we want to manage our money as frequently as possible in order to get the returns that we want to get

you know from the time that we're putting into it but isn't there maybe some point

where you could back off on the management needed and kind of get the budget to be kind of ingrained in you, just habitual.

What if this ideal budget just had four categories?

What if it was just, I'm going to save X, I'm going

to be saving for future expenses, that'll be Y, I'm going to spend Z and I'm going to give away G, right? I should have

started an earlier letter.

Anyway, what have you just had those four?

Here's my savings for fixed expenses

to make sure you don't get caught off guard.

That's rule two.

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