The YNAB Podcast

Spendfulness Isn't... Spendfulness Is

Feb 17, 2025

Discover the transformative concept of spendfulness, where financial confidence meets intentional spending. It goes beyond the basics, allowing for joy in both necessary bills and personal treats. Learn how to build resilience against unexpected expenses and embrace a life where financial preparedness leads to genuine luxury. It’s all about spending without guilt and thriving in your financial journey!

08:14

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Quick takeaways

Spendfulness encompasses a broad understanding of financial confidence, including paying bills without anxiety or guilt along with joyful spending.

Intentional budgeting and saving create financial resilience, allowing individuals to manage both expected and unexpected expenses smoothly.

Deep dives

Understanding Spendfulness

Spendfulness is the practice of spending with confidence and intention, free from second-guessing and negative feelings that often accompany financial decisions. Instead of associating spendfulness solely with extravagant purchases or self-care habits, it encompasses a broader view that includes paying necessary bills such as utilities and rent without anxiety or guilt. For example, when finances are managed well through methods like setting aside funds for upcoming expenses, one can pay for essentials, like an electric bill, without stress. This practice allows individuals to create a spending flow where money moves in and out smoothly, reflecting an overall healthy financial position.

Understanding Spendfulness: Intentional and Confident Spending

7min

Embracing Financial Resilience Through Spendfulness

1min

Spendfulness is the new word in town, but don't be fooled! It's not just a portmanteau of "spending" and "mindfulness." Spendfulness isn't spending on the "right" or "correct" things. It doesn't mean spending on health or self-improvement, or even treating yourself. Although it certainly could include these things, limiting the definition to them is too small. Paying your electric bill is spendfulness, just like paying for a day at a health spa or a membership to a yoga studio.

Spendfulness is that feeling of never having to second guess about your money, or being able to replace a water heater (or two!) on a moment's notice with no impact to your bank account. It's resilience, it's spending with joy, it's all of these things.

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