217 - How Will You Feel When...
The Jesse Mecham Show
YNAB
4.7 • 1.1K Ratings
🗓️ 28 March 2016
⏱️ 3 minutes
🧾️ Download transcript
Summary
A question that goes a bit deeper than just giving every dollar a job.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Hello, Wineabbers. My name is Jesse Meekham and this is podcast number 217 for Wineab. Where we teach you four rules. This is |
| 0:14.0 | Jesse Meekam and this is podcast number 217 for Why Now, where we teach you four rules to help you stop living paycheck to paycheck, |
| 0:17.5 | get out of debt and save more money. |
| 0:20.3 | Today, I just want to talk very, very briefly, maybe sub 90 seconds, about the idea that we are constantly asking ourselves what should this money do before I am paid again? Rule 1 dictates that you give every dollar a job. |
| 0:36.0 | What should this money do before you're paid again? |
| 0:39.0 | And I would submit that we could also ask another question. |
| 0:41.0 | It was a question that I learned from Mark Butler that |
| 0:44.2 | runs a business, basically consulting small business owners teaching them how to do Wineb and saving them |
| 0:52.0 | from a whole lot of stress especially as it comes to |
| 0:54.8 | tax time and Mark said one of the things that he does in kind of coaching these |
| 0:59.2 | business owners is he asked them how will you feel when your money is doing that thing and I think that |
| 1:05.0 | takes the question of what should the money do before you're paid again it |
| 1:09.4 | forces you to look a little bit further out, a little bit further off, and you could start to think about |
| 1:16.3 | the result, how will you feel when a little bit of money is being set aside for |
| 1:22.3 | juniors college? How will you feel when a little bit of |
| 1:24.9 | money is being set aside for that vacation that you've been wanting to do how will you |
| 1:29.0 | feel when the mortgage is paid off how will you feel when that last credit card finally bites the dust? |
| 1:36.3 | How will you feel when you get to go out to a nice restaurant a couple times a month? |
| 1:41.2 | How will you feel when you get to buy some new clothes and not feel guilty about it? |
| 1:45.8 | How will you feel when you get to go to the grocery store and pay top dollar for top quality food. |
| 1:53.9 | How will you feel when the transmission |
| 1:56.8 | goes out in your car, that does not feel good, |
... |
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 2026.

