272 - Settling in With Stuff
The Jesse Mecham Show
YNAB
4.7 • 1.1K Ratings
🗓️ 1 May 2017
⏱️ 4 minutes
🧾️ Download transcript
Summary
Is it possible to just settle in with your stuff and avoid some of the churn involved in repeat purchasing?
Transcript
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| 0:00.0 | Hello, Wine Ambers, my name is Jesse Meekman. This is Podcast Number |
| 0:16.6 | 272 for Wineham, where we teach you four rules to help you stop up in |
| 0:20.9 | paycheck to paycheck, get out of debt and save more money. |
| 0:24.3 | On this podcast, we do talk about budgeting, but for the last few weeks we've been talking |
| 0:28.1 | about ownership. |
| 0:30.1 | And there's one little bit that I still wanted to talk about it's just been kind of on my mind |
| 0:34.1 | and it's related to kind of what I'm going to call settling in with your stuff. |
| 0:40.1 | Instead of thinking about a churn of items that you're going through where you know you pick up a new |
| 0:46.0 | skirt every so often or pick up a new dress shirt every so often you just kind of settle in with your style you settle in with those clothes and you buy them for life or darn close to as close as you can get that was from last week |
| 1:00.3 | You maintain them well and they last a very very long time you can kind of settle in with the stuff you have |
| 1:08.9 | If you are going to purchase anything that's where you've got churn. |
| 1:17.2 | What we're trying to avoid is the churn of dollars in, |
| 1:20.4 | prioritize dollars out, dollars in, prioritize dollars out, |
| 1:21.8 | dollars in, prioritize dollars out, dollars in, prioritize dollars out, for the same things over and over. |
| 1:25.7 | And I don't know what settling in with your stuff means for you. |
| 1:29.3 | For me it means I'm settling in with clothing. Just this is how to work. I'm settling in with clothing. |
| 1:32.5 | Just this is how to work. |
| 1:34.5 | I'm not going to reinvent my style ever again, most likely. |
| 1:39.0 | I'm going to settle in with, right now we're into the gardening scene. |
| 1:42.4 | So I'm just going to kind of |
| 1:43.5 | settle in with the things I use for gardening I'm not looking for the next new |
| 1:46.7 | tool the next new thing just settle in these will work and as you think through any hobby, anything where you're, where there's churn, where you're spending |
... |
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