237 - Thinking Aloud About "To Be Budgeted"
The Jesse Mecham Show
YNAB
4.7 • 1.1K Ratings
🗓️ 15 August 2016
⏱️ 7 minutes
🧾️ Download transcript
Summary
Making a number less confusing.
Transcript
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| 0:00.0 | Hello, whinabbers my name is Jesse Meekam and this is podcast number 237 for Wyanab |
| 0:15.0 | where we teach you four rules to help you stop looking paycheck to paycheck, get out of |
| 0:18.6 | debt and save more money. At the top of the software there's that green, well if you're using the new |
| 0:25.3 | version, but you guys do it on the older version, know exactly what I'm talking about because |
| 0:28.4 | you're experts. There's that green to be budgeted, that number up there. it currently is a bit of a confusion point |
| 0:35.4 | for us and we are working hard on it I thought I would have a solution for it two |
| 0:39.1 | months ago I actually wrote as much I felt pretty confident with it. I worked up a prototype in a |
| 0:45.2 | spreadsheet for it and then we went live with it, tested it on the team internally. |
| 0:50.1 | I'm thinking this thing's greased and ready to roll and no it fell on its face it was |
| 0:54.3 | confusing the team I mean you know our teachers like our Wienab experts were |
| 0:59.8 | confused about what was happening so I don't know what I did there exactly to think that I have the |
| 1:05.0 | solution. I did not. So I'm back to the drawing board on this number, this 2B budgeted number. |
| 1:11.9 | It's a confusing number and I wanted to think out loud today. |
| 1:17.0 | It used to be that it was just your inflows and then what your inflows for a month and then what |
| 1:22.2 | you'd budgeted that month and that was that. |
| 1:24.3 | That was before Rule 3. |
| 1:26.0 | I was before the concept of overspending. |
| 1:27.9 | That was before I was selling Wine App. |
| 1:29.3 | It was just a spreadsheet for me and Julia to use. |
| 1:31.9 | And then the first time I overspent in a |
| 1:33.8 | category which was because we had to renew our car registration and I had no |
| 1:39.5 | idea that you had to do that every year. So we did that and we overspent in, you know, whatever that cost was to |
... |
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