The YNAB Podcast

It Has Nothing, and Everything, to Do with Spending

Nov 20, 2023

08:02

Snipd AI

Explore a different approach to thinking about money and spending. Money reflects one's self and intertwines with happiness, health, and relationships. Change your mindset about money to make confident spending decisions for increased security and worthiness.

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Podcast summary created with Snipd AI

Quick takeaways

Money is an extension of oneself and should be viewed as equally important as happiness, health, and relationships.

Adopting new habits that transform money from a problem into a possibility for purposeful spending leads to confidence and contentment in financial choices.

Deep dives

Changing the mindset about money

The podcast emphasizes that the world generally has the wrong mindset when it comes to money. People often equate responsibility with restriction and focus on controlling their spending. However, the host argues that money is an extension of oneself and should be viewed as equally important as happiness, health, and relationships. Rather than trying to cut back on spending, the podcast encourages adopting new habits that transform money from a problem into a possibility for purposeful spending.

Introduction

2min

The Significance of Money in Relation to Personal Identity and Actions

2min

Changing the Perspective on Money: From Problem to Opportunity

3min

"You need to spend less money." "Money's not everything." But what if you don't need to spend less money. And what if money is everything? In today's episode Jesse offers up the idea that money is you -- the sum product of your energies and desires -- and if that's true, then you don't need to spend less money. You need to spend more of you on you! The more you can engage with the question of "what do I want my money to do" the more joy spending can bring you, because ultimately that question is "what do I want to do?"

Got a question for Jesse? Send him an email:

askjesse@ynab.com

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