Dire Straits, or Rolling In It, It's All the Same
The Jesse Mecham Show
YNAB
4.7 • 1.1K Ratings
🗓️ 12 February 2024
⏱️ 5 minutes
🧾️ Download transcript
Summary
Whether your bank account is looking bare and collecting dust, or flush with cash, the temptation is all the same: to run away from the money. The person in dire financial straits often wishes they had a bunch of money, because then they wouldn't have to worry about money. On the flipside, the person newly flush with cash is quick to forget about the money, because they feel like they have enough now. Inattention is a mistake, no matter how it happens!
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Transcript
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| 0:00.0 | Hello, Wienabbers. My name is Jesse Meekin with another episode of the Wienab |
| 0:08.8 | podcast and I'm here each week to obsess. |
| 0:11.8 | Out loud to y'all about spending purposefully, saving aspirationally, and even |
| 0:16.0 | giving joyfully. It all comes down to just four simple habits and I want to talk about extremes today. |
| 0:25.0 | On one hand, you have the extreme of someone saying, |
| 0:28.0 | you know, I just don't want to look at my money. |
| 0:31.0 | I know it's, I know it's I know it's bad right like things are tight and I'm just gonna just kind of wince |
| 0:38.4 | Squeeze my eyes shut hope everything works out just kind of keep the faith |
| 0:43.4 | cross my fingers |
| 0:45.2 | cross my heart hope to die all those things and |
| 0:49.9 | and you're just kind of distancing yourself from the money and that does not create any kind of good outcome. |
| 0:59.4 | It's just you're you're turtling you know you're just kind of like I'm just I'm running away I'm just running away I'm just running for cover. |
| 1:08.7 | So there's that when things are tight we just we don't want to look at it, like get me some |
| 1:13.6 | distance between me and this money. And then on the other side of it, you might even |
| 1:20.0 | have that person be like, man, wouldn't it be nice? Wouldn't it be nice if I just didn't have to worry about money? |
| 1:26.0 | And they're imagining someone that makes plenty of money, |
| 1:29.0 | their expenses are low, maybe they don't carry a lot of debt, |
| 1:32.0 | they don't have a lot of obligations, they don't have a lot of obligations, and they just |
| 1:34.6 | have a lot more money coming in than money going out. |
| 1:38.1 | They're living well within their means, and the person that has experienced this very tight financial situation, |
| 1:46.4 | as probably most of us have, I would imagine, |
| 1:49.9 | they just kind of say, man, wouldn't it be nice? |
... |
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