The Jesse Mecham Show Am I Spendy or Spendful?
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Mar 27, 2025 Jesse shares a relatable story about a couple's dilemma over a pricey piece of gym equipment. Their initial reaction was that it felt 'spendy,' but with further reflection, they questioned if it could be considered 'spendful.' The discussion highlights the importance of having a financial plan to navigate spending decisions. Jesse introduces five key questions to help listeners align their purchases with their values and goals, encouraging more intentional and mindful spending.
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Spendy vs. Spendful
- Emily's gut reaction to expensive gym equipment was "no, it's spendy."
- After reflection, she considered if it was "spendful" and decided to discuss it with her husband.
Beyond Price
- "Spendy" focuses only on price, while "spendful" implies thoughtful consideration and contentment.
- Money represents you, so spending decisions deserve more than a price-based reaction.
Evaluate Purchases
- When considering a purchase, avoid knee-jerk "spendy" reactions.
- Instead, ask yourself if it could be "spendful" by working through the five questions.