Big Goals The End (re-broadcast)
The Jesse Mecham Show
YNAB
4.7 • 1.1K Ratings
🗓️ 7 December 2020
⏱️ 4 minutes
🧾️ Download transcript
Summary
Jesse reflects on learning to relax about spending money, especially on the "black box" line items -- unspecified purchases from Amazon that don't fit neatly into any other category, or purchases that he simply doesn't want to look up and re-categorize. Part of learning to relax about these expenditures is realizing that as long as you are achieving your primary goals -- funding an emergency fund, saving for retirement, saving for a house perhaps -- then it doesn't really matter what happens to the rest of your money. It's another way of looking at the big picture.
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Transcript
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| 0:00.0 | Hello, Winevers. My name is Jesse Meekham and this is podcast number 349 for Wineb, where we teach |
| 0:09.0 | you four rules to help you stop leaving paycheck to paycheck, get out of debt and save more money. |
| 0:15.2 | I've been thinking a lot about big goals and I know I've talked about this quite a bit |
| 0:20.8 | here on the podcast, but I'm starting to feel it and I'm starting to feel like it's working in that I'm I've been really working on myself in trying to relax as it relates to |
| 0:35.0 | Purchases usually of the smaller variety. |
| 0:38.3 | And we do have a black box category. It's currently named Other. |
| 0:40.1 | Sometimes people will name it miscellaneous. |
| 0:43.0 | We have it called Other. |
| 0:44.7 | And frankly, a lot of stuff that is of the Amazon.com |
| 0:48.5 | variety lands in the other category, |
| 0:52.1 | partially because I don't want to look up exactly what it was. |
| 0:54.7 | You know, was it a book or was it, you know, hot pads or was it batteries? |
| 1:01.8 | So it's just other. |
| 1:04.4 | And that's, it kind of does bother me, |
| 1:07.2 | especially if the other number is fairly large |
| 1:09.8 | because you don't exactly know what's going on and maybe you do want to know, maybe you should |
| 1:14.8 | know, maybe you could optimize and squeeze a little more out of it. |
| 1:18.8 | But I've been fighting that tendency to squeeze and squeeze and ever optimize. |
| 1:23.0 | And I've been really just trying to be content |
| 1:26.8 | with setting goals, specifically contributions |
| 1:31.1 | to retirement, giving, and a few big priority categories, |
| 1:37.0 | specifically travel. |
... |
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