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The Jesse Mecham Show

Everyone's a Lender

The Jesse Mecham Show

YNAB

Kids & Family, Education

4.71.1K Ratings

🗓️ 30 September 2019

⏱️ 5 minutes

🧾️ Download transcript

Summary

Everyone is getting into the lending money game.



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Transcript

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0:00.0

Hello, Winebbers. My name is Jesse Meekam, and this is podcast number

0:08.8

395 for Wineb, where we teach you four rules to help you stop living paycheck to

0:12.3

paycheck, get out of debt and save more money.

0:15.6

Everyone's a lender. That's all I'm going to say today. It's going to unmake a little shorter.

0:19.7

I'm not talking about the Wall Street Journal articles or anything, but I am still on a bit of a

0:24.1

debt tirade. Debt is not going to get you ahead. And we don't take a super active stance

0:30.6

against debt as it relates to morals or anything like that, but debt does

0:34.6

mess up your budgeting. And if you owe someone money it means you can't give every

0:38.4

dollar a job because some of that money is already spoken for and we like you to be

0:42.1

able to follow rule one, give every dollar a job.

0:45.8

So pay off the cards as fast as you can, get a little aggressive, go crazy for a little

0:51.3

while, do a little sprint. It's fun, it's entertaining, you'll never be the same

0:57.7

after you do a little sprint to get out of debt as fast as you can, even those horrifically

1:03.8

clingy student loans.

1:05.2

Everyone is a lender.

1:08.2

If you see a successful business,

1:09.8

just wait for them to become a lender.

1:12.0

Wineb's moderately, modestly successful.

1:16.0

You'll know we've really hit it big

1:17.6

and that I am no longer calling the shots

1:21.2

when we start offering you some kind of a debt product, some kind of a way to lend you money.

1:27.0

Then you know that I am no longer around and lost complete control of the company and violated all kinds of, I don't

...

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