The Importance of a Stable Job in Accounting

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I got mad him like in a over the top way. Like I really just blew up at him for a two year old infraction. And my wife Julie just pounced on me. It's like you have got to be kidding. You never see him. And this is what the relationship is like. That was a moment for me. The other bit is my time was so precious that I thought, do I really want to have that situation where I'm counting on one hand the number of hours I have with my brand new little kids? and that didn't work.

Clay Finck chats with Jesse Mecham all about budget, whether budgets are for everyone or not, looking at an investor’s overall financial situation when assessing their strategy, and much more!

Jesse is the founder of You Need A Budget or YNAB, and is also a personal finance expert and business leader. He is deeply passionate about teaching individuals, families, and business owners YNAB’s four rules to help them gain total control of their money, which Jesse will be covering for us a little bit later.

IN THIS EPISODE, YOU’LL LEARN:

00:00 - Intro

02:34 - What led Jesse to start his business in 2004 while he was still in college?

06:13 - The story on when Jesse knew it was time to quit his full-time accounting career to go all in on his business.

14:59 - What is, and what is not a budget?

27:34 - YNAB’s four money rules.

43:39 - What Jesse’s personal portfolio looks like.

46:33 - What some of Jesse’s favorite books are.

And much, much more!

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
Check out You Need a Budget.
Check out YNAB’s YouTube channel.
Books mentioned in the episode: Traction, High Output Management, The Hard Thing about Hard Things, Your Money or Your Life, The Richest Man in Babylon, Antifragile, & Four Thousand Weeks.
Related Episode: Listen to MI080: To Be A Successful Investor, You Need A Budget w/ Jesse Mecham, or watch the video.

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