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The YNAB Podcast

Earning With Purpose

The YNAB Podcast

YNAB

Consolidation, Total, Budget, Dave, Peace, Money, A, Education, Ynab, Finance, Bankruptcy, Makeover, Fpu, Software, Management, Personal, Need, Ramsey, Financial, University, Debt, Kids & Family, You

4.71.1K Ratings

🗓️ 26 August 2024

⏱️ 10 minutes

🧾️ Download transcript

Summary

The first habit of YNAB is to give every dollar a job. We tend to think of it purely as a spending exercise, as in, what do these dollars need to do for me? Buy clothes, groceries, pay the rent, etc. But Jesse points out how this process of giving your dollars jobs can help you find more meaning in your earning, not just your spending. When you know what your dollars are doing for you, the way you earn those dollars takes on more meaning, even if the work is not intrinsically meaningful.

Beginning Balance Podcast

Apple: https://podcasts.apple.com/us/podcast/beginning-balance/id1569423517

Spotify: https://open.spotify.com/show/7APubdzXN2eeeMdNpCLkiy?si=757aff0c35ad4178

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Transcript

Click on a timestamp to play from that location

0:00.0

Hello, Winevers. My name is Jesse Meekham with another episode of the Wineab

0:08.8

podcast and I am here each week to obsess out loud about spending, purposefully, saving, aspirationally, and

0:15.8

giving joyfully.

0:17.8

It all comes down to just four simple ways of thinking about your money.

0:24.1

It's really one way.

0:26.0

You're giving every dollar a job,

0:27.3

but then you're putting on different lenses.

0:29.5

And you're asking yourself these, you're kind of applying the other three rules in light of job

0:36.8

giving one might say I got an email from a listener and they took issue with the new intro.

0:44.2

Now, to be clear, several of you wrote in and took issue with the new intro.

0:50.4

And for some of you, you're like, what new intro?

0:52.0

Because I haven't changed it for a little bit or rather I change it every time I record

0:55.8

But she said I don't think you should say and even giving joyfully as if it's like you you know, like, and even that, like maybe if you can squeeze it in, like giving is amazing.

1:09.2

And like, let's rank it, let's not, let's not

1:18.6

relegate it to some lower level, you know, after spending and after saving.

1:19.8

And I agree.

1:23.7

If you haven't tried giving, you had to give it a go. And you know my old joke.

1:25.4

And I'm getting to the age where I just repeat jokes.

1:29.4

And the one about giving to Amazon

1:31.6

and they occasionally send you packages.

1:34.1

I still think that's a pretty good joke.

1:35.3

I haven't worked out the exact wording of it.

...

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