There is no such thing as saving money. You are only deferring spending, and the moment that clicks, the guilt you feel every time you touch your savings disappears. Jesse Mecham, founder of YNAB, explains why every dollar you own is meant to be spent.
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What You'll Learn in This Episode
Why treating saving and spending as opposites keeps you stuck
The question Jesse builds every money decision around
How labeling your cash removes the guilt of spending it
Why an expense you planned for stops feeling like an emergency
Where people actually find the money to pay off debt, according to 100+ interviews
Why a bigger paycheck does not fix a spending skill problem
The approach that gets a hesitant partner on board instead of defensive
What every household should have documented in case something happens to the money person
How Jesse's seven kids learn to handle their own money, starting at age eight
Start Here
Join the community built to help you master your money, stay accountable, and reach financial freedom.
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Resource/s
Car Insurance https://secure.money.com/pr/gc43ce394da5
Best HYSA https://secure.money.com/pr/r453ecf4d190
Stock Brokerage Accounts https://secure.money.com/pr/v8d06f8de92c
Best IRAs https://secure.money.com/pr/oe09b73d1952
Favorite Travel Credit Cards https://milevalue.com/best-credit-cards/?aff=mastermoney
Book/s Mentioned
Never Worry About Money Again (Jesse's new book) — https://neverworryaboutmoneyagain.com
The Richest Man in Babylon
The Millionaire Next Door
The Wealthy Barber
Die With Zero
Episode/s Mentioned
The 1-3-6 Method For Building & Managing Your Emergency Fund https://youtu.be/rGdII_Z0hnw
The Bucket Method For Managing Your Savings (Master Multiple Savings Goals) https://youtu.be/WvzYOCRBxwE
The Money Plan for Couples: How to Build Wealth as a Team (Step-by-Step) https://youtu.be/AEfhdlB9mcc
Watch Next
How to Save $100,000 on a Low Salary https://youtu.be/f8-BWWiDpKc
How to Spot Fee That's Robbing You, Insure Your Kids' Future & Retire Two Decades Early - Money Q&A https://youtu.be/2y6bjDkgbgM
4 Dead Simple Steps to Become Financially Free https://youtu.be/dM4DKC7-Y5s
How to Build a Vacation Fund That Pays You For Life + (Money Q&A) https://youtu.be/SMDRQkqnA74
Hit This Number and You Can STOP SAVING! (Even When You are Young) https://youtu.be/R2ebV44XaAY
Connect with Jesse Mecham
Personal:
Email → askjesse@ynab.com
Podcast → https://youneedabudget.libsyn.com
Author Page → https://www.ynab.com/author/jesse-mecham
Business:
X → https://x.com/ynab
Tiktok → https://www.tiktok.com/@ynabofficial
Facebook → https://www.facebook.com/ynabofficial
Instagram → https://www.instagram.com/ynab.official/
YouTube → https://www.youtube.com/@ynabofficial
LinkedIn → https://www.linkedin.com/company/ynab
Connect with Andrew
Instagram → https://bit.ly/Skool-Instagram
TikTok → https://bit.ly/Skool-TikTok
Facebook → https://bit.ly/Skool-Facebook
Podcast → https://bit.ly/Skool-Podcast
Youtube → bit.ly/Skool-Youtube
Newsletter → https://bit.ly/Skool-Newsletter
Website → https://mastermoney.co
X → https://x.com/mastermoneyco
LinkedIn → https://www.linkedin.com/in/andrew-giancola-45027b340
Question for you:
What is your money for? Answer it in one sentence in the comments.
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