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The Jesse Mecham Show

The Unfair Advantage of Being Good with Money

The Jesse Mecham Show

YNAB

Kids & Family, Education

4.71.1K Ratings

🗓️ 9 April 2026

⏱️ 6 minutes

🧾️ Download transcript

Summary

At YNAB we often talk about how getting good with money can help you reduce stress, improve your confidence, improve your relationships, and generally bring you a sense of peace and security -- which is true! There are also some hard mathematical advantages to getting good with money. Jesse points out how getting good with money, learning to set money aside for future expenses can net you great deals. In today's age of ubiquitous consumer credit, paying for things upfront becauase you already have the money can save you anywhere from a few percent to a large chunk (Jesse references a medical bill that was nearly 60% cheaper when paying cash upfront).

 

Watch The Jesse Mecham Show on YouTube:

https://www.youtube.com/@jessemechamshow

 

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askjesse@ynab.com

 

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Transcript

Click on a timestamp to play from that location

0:00.0

Hello, my name is Jesse Meekam with another episode of the Jesse Meekam show, and I'm here each week to obsess out loud about money.

0:20.5

That thing no one wants to think about, and yet we think, we think about it owe so much.

0:25.0

And I'm here to tell you that you can get good at it.

0:27.7

Really.

0:28.5

You really can.

0:29.8

You can be so good at money that your money is doing exactly what you want, and you feel perfectly content.

0:36.3

You feel at ease. You feel basically no stress. You

0:40.8

aren't worried at all. Now, as I've said before, do we worry? Yes, because we're alive, but you

0:47.7

won't be worrying about money, not nearly so much, not that little niggling always on over your

0:53.9

left and right shoulder telling

0:55.8

you, you know, is there enough?

0:58.1

Should we have bought that?

0:59.2

Maybe we shouldn't have, should we have done this?

1:00.9

Maybe we shouldn't have wins that bill, do wins pay.

1:03.2

No, when you're good at money, you don't have that little nagging voice.

1:07.6

You just feel, yeah, you just feel content. You're aligned aligned your money is doing what you want it to do

1:14.3

and you see money as an expression of you you see money as a way to get more of yourself out in the

1:20.7

world but occasionally there are some um i don't know kind of brass tax tactical advantages to being good at money and I want to talk

1:30.9

today about one that is when you are good at money things cost less when you are bad at money

1:40.3

things cost more now there is a spectrum here where you can say, if you don't have

1:46.1

money and you buy something, you would put it on credit. That is the item costing more. So if you

1:52.6

bought a big flat screen TV, you don't have to call them flat screen anymore. All TVs are flat

...

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