The Jesse Mecham Show What I've Learned from Years of Experimenting with Money
May 1, 2025
Dive into the fascinating world of personal finance experiments! The host shares insights from unique practices like rating every family meal and testing extreme budgeting techniques. Discover the ups and downs of these trials and what they reveal about mindful spending. Each experiment offers a fresh perspective on financial habits, reminding listeners that personal finance is a deeply individual journey. If you're keen on finding your own path to better financial health, this discussion is full of relatable experiences!
AI Snips
Chapters
Transcript
Episode notes
Eating Out Ratings Experiment
- Jesse rated every meal they ate out to evaluate its value.
- They learned eating out costs a lot for what it offers, so they reduced it mostly to vacations.
Manual Transaction Entry Experiment
- Jesse manually entered every transaction in YNAB to heighten spending awareness.
- This made them spend less since recording every expense was a deterrent.
No-Budget Experiment Failure
- Jesse stopped budgeting entirely to test if spending awareness remained high.
- Their checking balance fell by 22%, money disappeared, and they don't recommend this method.