The Jesse Mecham Show Delay... Not Debt
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Nov 13, 2025 Jesse shares a heartwarming story about teaching his daughter budgeting skills using YNAB. They set a savings goal for a $600 electric bike, but after months of saving, she realizes she no longer wants it. This experience highlights the power of delayed gratification and how it helps clarify priorities. Jesse discusses how debt can obscure our true desires, making it essential to save first before making purchases. Through these lessons, they learn to align spending with meaningful goals and avoid impulse decisions.
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Kid Budgeting In Action
- Jesse Mecham set up his nine-year-old daughter Faye's YNAB budget and funding targets including an electric bike.
- She watched the target grow each month and enjoyed seeing progress toward the goal.
Desire Faded With Time
- After months of funding the bike target, Faye revisited her budget and decided she no longer wanted the bike.
- She realized her scooter met her needs and freed up the saved money for other categories.
Debt Hides Future Regret
- Debt lets you buy now and discover later that the purchase doesn't align with your priorities.
- That mismatch creates long-term money worry and forces you to justify or endure payments for unwanted items.