The Jesse Mecham Show
Am I Spendy or Spendful?
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.
06:11
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Quick takeaways
- Evaluating spending decisions through purposeful alignment with personal goals is crucial for making confident financial choices.
- Utilizing the five-question framework can help clarify financial priorities and reduce anxiety around spending, fostering smarter decision-making.
Deep dives
Evaluating Spending Decisions
The episode emphasizes the importance of evaluating spending decisions through the lens of purpose rather than merely focusing on price. A writer named Emily encounters a scenario at the gym where a used piece of equipment is available for purchase, leading her to reflect on whether to buy it. Initially, her gut reaction was to dismiss the expense as 'spendy,' but she chose to engage in a discussion that centered around her financial priorities instead. This process illustrates the concept of being 'spend full,' which involves understanding the value of spending in alignment with personal goals and making informed decisions instead of automatic judgments based solely on cost.
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