Rule One in an Afternoon.
The Jesse Mecham Show
YNAB
4.7 • 1.1K Ratings
🗓️ 21 January 2019
⏱️ 9 minutes
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Summary
How is a budget like a clock?
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Transcript
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| 0:00.0 | Hello, my neighbors my name is Jesse Meekam, this is podcast number 359, where we teach |
| 0:09.8 | you four rules to help you stop living paycheck to paycheck, get out of debt and save more money. |
| 0:15.7 | Last week we talked about priorities. |
| 0:17.6 | Priorities? |
| 0:18.6 | Priorities? Priorities? You got to have those before you can follow the first rule of Wienab. |
| 0:22.1 | Rule Zero is really establishing your priorities, |
| 0:24.3 | but we only talk about the first four rules |
| 0:27.1 | because rule zero is maybe that given. |
| 0:29.9 | So I want to walk you through an example that we use a little bit of a I don't know what you call it I |
| 0:37.6 | confused things like metaphor and analogy I think analogies what I'm going for here. |
| 0:43.6 | And this is from our guides as my inspiration. |
| 0:46.9 | So they're available on the website. |
| 0:48.9 | You can read them all in, I don't know, 30, 40 minutes. and they're a fantastic synopsis of the rules of |
| 0:56.2 | why and having how to think about your money we don't really talk about dollars we just |
| 0:59.2 | talk about money in some way but let's get to this example to help you understand our first |
| 1:05.0 | rule which is to give every dollar a job. Now imagine yourself with a free |
| 1:10.7 | afternoon. You have three hours to do whatever you want. The first thing you may do |
| 1:16.0 | is ask yourself what's most important to you. And let's say that because of a situation where |
| 1:22.1 | you wrestled with those priorities, you've decided that it's important to eat together as a family. |
| 1:26.0 | That's actually true for us. |
| 1:28.0 | Especially if you can supply some of your own food, going back to the idea of maybe you're, |
| 1:33.2 | it's so local that it's right outside your back, |
... |
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