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More Money Podcast

356 Why There Is No Wrong Way to Budget - Jesse Mecham, Founder of You Need A Budget

Mar 1, 2023
Jesse Mecham, founder of You Need A Budget, shares the four-rule method for budgeting and discusses money in relationships. He emphasizes the importance of teaching kids about personal finance and reassures listeners that even experts are still figuring it out.
53:54

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Budgeting can improve decision-making, reduce stress, and provide financial independence.
  • Aging your money allows for better decision-making, reduced emotional stress, and improved conversations about finances.

Deep dives

Budgeting with Jesse Meekam and You Need a Budget

Jesse Meekam, founder of the budgeting software You Need a Budget (YNAB), discusses the development of the software and the importance of budgeting. He emphasizes the four rules of budgeting, including giving every dollar a job, embracing true expenses, being flexible, and aging your money. Meekam shares how budgeting can improve decision-making, reduce stress, and provide financial independence. He also highlights the importance of open conversations about money, teaching children about budgeting, and the benefits of financial freedom.

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