Hello, Wine Everest. My name is Jesse Meekum with another episode of The Wine and Podcast

where we teach you four rules to help you stop in paycheck to paycheck, get out of debt

and save more money. Today is an Ask Jesse episode. A question from Tommy said, my bank

phone made a day to discuss remorogging and locking in a fixed interest rate for the

next few years. And one of the questions they asked me in the process was, how much money

do you have in savings? It stumped me. I could go for the combined amounts in my specific

savings categories, like an emergency fund, wish farm items, etc. But then that excludes

my rule two funds, which definitely are savings in their own right. I could give the amount

in actual savings accounts, but being a wine abuser, all of my money is in a single check-in

account. So that would equal nothing. I eventually started on the fact that all of my money

could potentially be classed as savings, as it has all been subjected to rule one. And

if it hasn't been spent, then it's in the budget and waiting to be spent at some point.

So he said, he tried to explain my thought process to the lady on the phone, and she

was intrigued. So then he goes on to pitch wine abuser. You know? And that, there we go.

That's what I'm talking about. So he said, is all money within the budget classed as savings

or have I gone too broad? You know what, Tom? I don't think so. Our teachers have actually

taught that. I think Lee is one of our teachers. He's often said, I might be saying this backwards

now, but he basically says, yeah, all spending is savings. I think that's how he says it.

Or all savings is just spending later. Either way, you look at it. We're talking about

the same thing. It's just money with a different deadline attached to it, really. So you can

say, oh, I'm saving up to buy a car. Was that savings? Yeah. Okay. You're saving up for it.

Well, I'm saving up to buy groceries tomorrow. Okay. You know? Or I'm going to spend this money

...