657 episodes
You Need A Budget (YNAB) Jesse Mecham
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- Education
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4.6 • 1K Ratings
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A weekly dose of just the right medicine to help you get out of debt, save more money, and beat the paycheck to paycheck cycle.
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Rule Four Reviewed
Beef is pretty good aged, but you know what's even better? Aging your money! That's Rule Four -- aging your money. Basically, increase the amount of time between when you earn the money and when you spend it. By following Rule One through Three, you can accumulate cash in your categories and pre-fund future expenses, thereby increasing your options.
When you have a lot of cash available, you have options for handling unexpected expenses, taking advantages of opportunities (which require money/investment), or simply changing your strategy. It's easy to re-assign dollars that are already in categories, but you have to have the dollars there in the first place. That's the essence of aging your money.
Facebook: @iYNAB
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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 -
Rule Three Reviewed
Be like the reed... blowing in the wind. It's not a haiku, Jesse is talking about Rule Three -- rolling with the punches. Life happens, and unexpected things are going to pop up that could break the budget. When you roll with the punches however, you check the budget, find the money for the unexpected expense in another category, and fund the expense by moving money from that category.
The key here is that you check the budget and find the money first! You don't simply spend the money and try to figure it out later.
Facebook: @iYNAB
Instagram: @youneedabudget
Twitter: @ynab
Tik Tok: @ynabofficial
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 -
Rule Two Reviewed
It's back to basics time! Rule Two in the YNAB method is "embrace your future expenses." In short, think about the things you will have to buy or pay for in the future, and act on them NOW. Car going to need new tires in six months? Don't wait till they need replacing to budget for them, start budgeting now! Save a portion of the replacement cost each month until you've reached the replacement cost for those tires.
Really Rule Two is Rule One again, give every dollar a job. You're giving your dollars jobs today, to pay for expenses tomorrow.
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 -
Rule One Reviewed
Jesse is going back to basics and reviewing the Four Rules, which are the foundation of YNAB. The first rule: give every dollar a job. What does that mean exactly? YNAB wants you to live and spend according to your values and priorities -- the things that are most important to you. In order to do that, you first have to start giving your dollars jobs that are in line with your priorities. That's the heart of Rule One.
YNAB wants to hear from you! YNAB is running a contest between now and May 11th. The contest is simple: share your mother's method to living well, in the style of the YNAB Four Rules if you can. One person will be chosen at random, and the winner will receive a $100 VISA gift card!
To enter the contest, write a post with your mother's rules to live by, told in YNAB "four rules" style, on any of YNAB's social media channels -- Facebook, Instagram, Twitter, or Tik Tok. Make sure to tag YNAB, and include the hashtag #fourrulestoliveby in your post. Winner will be announced on May 11th, 2023!
Facebook: @iYNAB
Instagram: @youneedabudget
Twitter: @ynab
Tik Tok: @ynabofficial
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 -
A Mother's Method for Living Well (Contest Announcement!)
At a recent YNAB all-hands meeting, Sarah gave a personal presentation about her "Mama's Method," rules her mother gave her for living well. Sarah told them in YNAB Four Rules style:
Give every moment a job Embrace yourself and others Roll with it Age is just a number (play a lot!)
In honor of Sarah's presentation, and upcoming Mother's Day, YNAB wants to hear from you! YNAB is running a contest between now and May 11th. The contest is simple: share your mother's method to living well, in the style of the YNAB Four Rules if you can. One person will be chosen at random, and the winner will receive a $100 VISA gift card!
To enter the contest, write a post with your mother's rules to live by, told in YNAB "four rules" style, on any of YNAB's social media channels -- Facebook, Instagram, Twitter, or Tik Tok. Make sure to tag YNAB, and include the hashtag #fourrulestoliveby in your post. Winner will be announced on May 11th, 2023!
Facebook: @iYNAB
Instagram: @youneedabudget
Twitter: @ynab
Tik Tok: @ynabofficial
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 -
What's In Your Financial Shovel of Dirt?
Jesse shares a story about growing sweet potatoes and shoveling dirt... lots and lots of dirt. There's a metaphor here about budgeting too. It's work, and sometimes takes a long time to pay off. But steady, sustainable work day after day yields big results!
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
Customer Reviews
Life changing
Easily one of the best, simplest podcasts and best, simplest budgeting apps. It might take a little getting used to but in the last 4 months alone I’ve halved my total debt and expect to be debt free by the end of the year. Let that sink in.
This podcast is a nice regular listen that keeps you engaged with your budget. They also offer tons of free videos on YouTube and they don’t even push their own product.
Thank you to the team behind YNAB for making me feel awesome about budgeting and for helping me knock out my debt! It’s given me a major confidence boost!
THANK YOU
I am so grateful for this podcast and the YNAB teams delivery on content. I am in the military, I am about to go through a huge transition in leaving the military. This tool has helped my overall financial health and improving my thoughts on how to deal with finances. I am not prefect by any means but I feel empowered to make better choices. Thank you!!
I’m new to the YNAB game
After a decade of student loan debt that drowned us, children joining our lives, budgeting has been hard. We had listened to all of the budgeting gurus………at least that’s what we thought. We did the other apps, we tried the envelope system, and we failed each time. Nothing was adaptable until now. After being asked if I’d listen to the book, I begrudgingly agreed and got about 10 minutes in just thinking what more could this guy tell me that the ‘other guys’ haven’t told me already ……
This guy. If he could help shift my paradigm and focus, I’m certain these rules could help anyone who wants to make better budgeting decisions in life!
Thank you Jesse and YNAB team. We look forward to really going full force!