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The Jesse Mecham Show

Why Is It So Freaking Hard to Save Money? (And How to Make It Easier)

The Jesse Mecham Show

YNAB

Kids & Family, Education

4.71.1K Ratings

🗓️ 21 August 2025

⏱️ 7 minutes

🧾️ Download transcript

Summary

Saving vs spending... there's no question which one is more fun, right? Obviously, spending! By comparison, saving feels like a chore, something you ought to do, the responsible thing to do, but is definitely less fun. After all, you get something when you spend -- an item, an experience, a service. With saving you get, well, just more money in a pile somewhere.

 

As Jesse points out, no one says "I have a saving problem" but you hear "I have a spending problem" all the time. It's because spending is concrete. It has weight to it. Spending has a clear line to the value of the money being spent and what you value in the spending of it.

 

Saving money is actually a misnomer. All money exists to be spent, whether it's now or in the future. Savings is really just spending that will take place in the future. When you follow the YNAB method and give every dollar a job, including your "savings" dollars, you are planning for how you will spend that money in the future. You're making your savings concrete, putting a vision behind those dollars.

 

When you reframe the idea of saving like that, all of a sudden it becomes much easier to do!

 

Watch The Jesse Mecham Show on YouTube:

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

 

Got a question for Jesse? Send him an email:

askjesse@ynab.com

 

Sign up for a free 34-day trial of YNAB at www.youneedabudget.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 spending purposefully, saving aspirationally, and giving joyfully.

0:22.7

It all comes down to just, well, thinking about your money in an entirely new way.

0:28.9

And that means sometimes thinking about, well, what I've been thinking about.

0:33.0

And that is, why is it that nobody has a savings problem?

0:36.2

And I'm not talking about you weirdos,

0:37.9

you few and far between who just say, Jesse, I just, I can't spend money. It gives me so much

0:44.3

anxiety. And that's actually a problem that we would fix because you can't love spending

0:48.2

if you can't spend without feeling some sense of impending doom. But today I want to talk about the vast majority of people that do not have a spending problem.

0:58.0

They have a savings problem.

1:00.0

And I wanted to dissect why.

1:02.0

Why is it that we naturally have these spending problems and we don't really, like, why don't we accidentally save too much but we why do we

1:11.8

always accidentally spend too much by the way i hate the phrase too much but you all know what i mean

1:17.4

spending that is misaligned with what one really knows one wants needs desires the inner you

1:25.0

speaks and spending follows okay so when you forego spending you don't get the thing right

1:35.2

you cancel your netflix subscription so you don't get to watch stranger things you can't you

1:40.7

you know you don't buy the jeans so you don't have the jeans the alternative is

1:45.6

you have the money and so you have kind of anything um when you spend you get the new shirt

1:53.6

you get to go to a cool concert you get to slip up that milkshake with fresh peaches at this time of

1:59.4

year um and what did you give up?

2:02.0

Well, you don't have that money in the bank, but you have this very concrete thing that

2:06.6

you know that's, this is what I got.

2:11.8

Maybe you won't be able to buy something down the road, but that's, that's all this abstraction.

...

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