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The Jesse Mecham Show

Helping Savers Spend

The Jesse Mecham Show

YNAB

Kids & Family, Education

4.71.1K Ratings

🗓️ 20 May 2024

⏱️ 7 minutes

🧾️ Download transcript

Summary

We tend to think of spending as a problem that needs to be solved, however YNAB encourages spending as a thing to be enjoyed, as long as that spending is in accordance with priorities and people understand the tradeoffs they are making when they spend. In the world of personal finance we also tend to think about people who are natural spenders, but they are natural savers as well, and YNAB can help them too! Jesse responds to a comment from a YNAB team member who identifies as a natural saver, who has used YNAB to learn to love spending money as much as she does saving it.

 

Got a question for Jesse? Send him an email:

askjesse@ynab.com

 

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Transcript

Click on a timestamp to play from that location

0:00.0

Hello, whinnivers, my name is Jesse Meekham, with another episode of the

0:08.2

whinab podcast and I'm here each week to obsess out loud about spending

0:12.1

purposefully saving aspirationally and even giving joyfully.

0:15.1

It all comes down to these four simple, beautiful intentions, habits, rules, principles, powers.

0:21.1

Haut off the heels of talking about how groceries are expensive last week.

0:31.2

Ernie of Budget Nerds Fame, Ernie of Budget Nert's Fame.

0:34.0

Ernie suggested, why don't you talk about, you know, if you may be saving too much by using

0:39.6

Wienham? I mean if that isn't the most subtle of humble brags I do not know what would be.

0:46.0

Yeah, is there do you think we get people to a spot where they get kind of addicted to the number going up all the time and they're checking the

0:57.2

account balance keeps climbing and they kind of get to this spot where they're like

1:00.9

ooh I don't want to spend this money because I just like seeing

1:04.6

all these categories just bursting.

1:09.3

Perhaps.

1:10.7

I would like to solve that problem more than the other one where people are you know left with a pile of bills and they can't you know they need the money to pay those bills

1:22.0

But it is interesting to and I'm kind of dovetailing with what Casey also wrote talking about if you're

1:30.5

kind of a habitual savor, bless your heart and you've just been wired that way.

1:35.5

You're like one of my daughters.

1:37.7

She's a savor, just period.

1:39.4

She just likes it.

1:40.6

I think she likes to look at her other siblings and ask things like,

1:43.8

hey, when so and so was my age, did they have this much money?

1:47.4

That kind of a thing.

...

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