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The Jesse Mecham Show

You're Broke and Winning

The Jesse Mecham Show

YNAB

Kids & Family, Education

4.71.1K Ratings

🗓️ 12 July 2021

⏱️ 5 minutes

🧾️ Download transcript

Summary

Veteran YNAB'ers have a saying for what happens when you follow the four rules, budget, and have no money left over. They call it being "YNAB broke," and it's a badge of honor!

 

Sign up for a free 34-day trial of YNAB at www.youneedabudget.com

Transcript

Click on a timestamp to play from that location

0:00.0

Hello, Wine Evers, my name is Jesse Mekim and this is podcast number 509 for Wine Evers

0:09.6

where we teach you four rules to help you stop and pitch or to paycheck, get out of debt

0:12.7

and save more money.

0:14.8

What happens when you are following Wine Evers four rules?

0:17.6

You're giving every dollar a job, you're embracing, embracing your true expenses.

0:22.2

You are rolling with the punches, changing your plan as information and life changes,

0:27.4

and finally you are aging your money.

0:29.6

You're waiting a little bit before you spend that dollar bill and you are just letting

0:34.5

things sit.

0:36.0

Mostly you're letting things sit by following rules one and two and obviously adjusting

0:41.4

as needed with three.

0:43.1

What happens when you're following these rules?

0:44.8

Well, you become broke and it's a phrase that you see popped around on fans groups of

0:51.7

Wine Evers all around the internet and it's essentially the idea, we call it Wine Evers

0:56.6

Broke, where you, not that you don't have money, you just don't have money for that and

1:03.3

that makes all the difference.

1:06.9

There are two things that are really magical about this, one, you look in your clothing

1:12.7

category and you think I'd like to buy some clothes for whatever reason, good or bad,

1:16.8

I'd like to buy some clothes and you see in your clothing category you have $10 and

1:21.4

I don't know what one would buy for clothing that only costs $10.

1:25.9

So you think I'm broke, I can't get the clothing some other time.

1:29.4

The car insurance bill arrives the next day and you pay it.

...

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