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The Intrinsic Value Podcast - The Investor’s Podcast Network

MI080: To Be A Successful Investor, You Need A Budget w/ Jesse Mecham

The Intrinsic Value Podcast - The Investor’s Podcast Network

The Investor's Podcast Network

Education, Investing, Business

4.6592 Ratings

🗓️ 17 February 2021

⏱️ 45 minutes

🧾️ Download transcript

Summary

BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members. Follow & submit questions to Robert via Instagram DM Get a FREE audiobook from Audible Check out You Need A Budget JL Collin’s book The Simple Path to Wealth Thomas Stanley and William Danko’s book The Millionaire Next Door Ramit Sethi’s book I Will Teach You To Be Rich Erin Lowry’s book Broke Millennial SPONSORS Support our free podcast by supporting our sponsors: Fiscal.AI Read this episode’s transcript and full show notes on TIP. Connect with Jesse Mecham: Website | Instagram HELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!  Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Transcript

Click on a timestamp to play from that location

0:00.0

You're listening to TIP.

0:02.0

On today's show, I chat with Jesse Meekum to talk about how abiding by simple budgeting

0:07.0

rules can set you up for success in the future.

0:10.0

Jesse founded You Need a Budget, also known as YNAB, in 2004 while he was still in college.

0:17.0

YNAB has grown into a leading software and proven method that helps its users get out

0:21.9

of debt and have more control over their money.

0:24.7

I'm excited to have Jesse talk about this unique budgeting strategy that he's developed

0:29.1

because budgeting really is one of the most important yet underrated components of good

0:34.7

personal finance habits.

0:36.6

And this might just be the budgeting strategy that

0:38.7

you need to get your money under control. I know budgeting sounds boring, it isn't sexy like

0:44.4

investing is, but changing your mindset towards the money you earn can help you break free from

0:49.7

living paycheck to paycheck, which helps you not only start investing, but also helps you become a

0:54.6

better investor. Jesse also shares some lessons learned as an entrepreneur growing his startup,

0:59.7

which can help you start a business or even a side hustle to start earning more money to invest.

1:05.8

Now, without further delay, let's get into this week's episode with Jesse Meekam.

1:10.8

You're listening to Millennial Investing by the Investors Podcast Network. Let's get into this week's episode with Jesse Meekam.

1:32.7

You're listening to Millennial Investing by the Investors Podcast Network, where your host, Robert Leonard, interview successful entrepreneurs, business leaders and investors to help educate and inspire the millennial generation. Hey everyone, welcome back to the millennial investing podcast. As always, I'm your host,

1:37.0

Robert Leonard. And with me today, I have Jesse Meekam. Welcome to the show, Jesse.

1:41.6

Thanks for having me. I'm excited to be here. For those who may not know who you are or who haven't heard of Wynab, tell us a bit about your

1:49.3

background and how you got to where you are today.

1:52.0

Born and raised, middle class, and married young.

...

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