Dive into a fresh perspective on money, viewing it as a medium of energy rather than just a currency. Discover how your spending habits can reflect your true self and personal values. The concept of 'spendfulness' encourages mindful spending, aiming to enhance contentment and lessen guilt associated with purchases. Learn to align your financial choices with who you are, transforming money into a true expression of your identity!
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insights INSIGHT
Money as Energy
Money is more than just a medium of exchange; it's a medium of energy.
It represents your time, effort, and even "blood, sweat, and tears."
volunteer_activism ADVICE
Spendfulness
Practice "spendfulness" by aligning your spending with your self-knowledge.
This eliminates second-guessing and fosters contentment, not by earning more, but by spending wisely.
question_answer ANECDOTE
Disneyland Churro Example
Jesse Mecham uses the example of a less-than-magical Disneyland trip.
Constant second-guessing of spending can spoil enjoyment, highlighting the need for spendfulness.
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This book offers a holistic approach to personal finance, encouraging readers to view money as a form of 'life energy' and to align their spending with their values. It provides nine steps to help readers stop living paycheck to paycheck, get out of debt, and achieve financial independence. Key concepts include calculating net worth, evaluating the life energy spent on work, and investing wisely. The authors emphasize the importance of finding one's 'point of enough' and living a more deliberate, meaningful life[1][3][5].
Welcome to the first episode of The Jesse Mecham Show! To kick off the new show, Jesse asks the question: what is money anyway? You might point to the cash in your wallet, you might say it's the number in your bank account, you might even say it's a medium of exchange, or a store of value. While these answers aren't wrong, they really don't capture the fullness of what money is and what it means to us.
Instead of thinking of money as merely a medium of exchange, Jesse prompts you think of it as medium of energy. You expend energy to acquire money, and then you spend that money on all the things that make you, you: things you need, things you want, things you enjoy. Money in this case is a medium, it's a medium through which your energy transfers to the world. And the more and more you get in touch with who you are, and the more you learn to spend in alignment with who you are, the more money becomes an expression of... you!