The YNAB Podcast

If Money Were No Object... What Would Your New Years Resolution Be?

Dec 30, 2024

As the New Year approaches, it's time to set resolutions! Imagine if money were no object—what would you dream of achieving? This thought experiment encourages detailed visualization of your goals. By exploring what truly matters to you, you can align your financial plans with your deepest aspirations. Ready to make meaningful changes? Dive into the idea that your energy and money should flow toward what you genuinely want to accomplish in the coming year!

06:49

Creator website

AI Summary

AI Chapters

Episode notes

Podcast summary created with Snipd AI

Quick takeaways

Imagining New Year's resolutions without financial constraints encourages a deeper exploration of personal desires and what truly motivates us.

After articulating expansive goals, reflecting on them helps prioritize dreams and create actionable plans that align with realistic financial resources.

Deep dives

The Power of Goal Visualization

Envisioning New Year's resolutions without the constraint of money can lead to a deeper understanding of personal desires and aspirations. By urging individuals to describe their ideal goals in detail, the focus shifts from practicality to pure ambition, allowing for an exploration of what truly excites and motivates. This exercise encourages individuals to imagine experiences, such as an extravagant trip, not just in terms of the destination but in vivid detail, capturing emotions and sensory experiences associated with those goals. Ultimately, this practice reveals what aspects of life are most important, guiding individuals toward fulfillment and purpose.

Envisioning New Year's Resolutions Without Financial Constraints

7min

It's almost the New Year, and that means it's time to make resolutions! Jesse loves resolutions, goals, and goal planning, and he has some advice for you this year. Before you start setting your goals for next year, do this simple vision exercise first.

Imagine that money is no object, and you have unlimited funds to work with. What would you like to do next year? What kind of things would you need to arrange in your life to make that happen? Remember money is not an issue here -- if you need to hire someone to take care of certain tasks for you, or buy something to improve your efficiency, or anything else you can think of, you can do it! Write these things down on a sheet of paper.

You have already started the process of thinking about where to spend your energy in the New Year, and wherever your energy is going, your money should be too. Now, when you bring reality back in, which means limited funds and resources, you have a clearer idea of where to focus those resources in order to help you reach your goals.

Happy New Year!

Tickets to YNAB Fan Fest 2025 are on sale now! Coming to San Diego, Minneapolis, and NYC:

YNAB.com/events

Got a question for Jesse? Send him an email:

askjesse@ynab.com

Follow YNAB on social media:

Facebook: @ynabofficial

Instagram: @ynab.official

Twitter/X: @ynab

Tik Tok: @ynabofficial