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.

YNAB only has one "rule" for managing your money, and that's to give every dollar a job. This is easier said than done, however, so to help with this task, Jesse presents 5 questions to clarify what you want to do with your money: Reality: What does this money need to do before I’m paid again? Stability: What larger, less frequent spending do I need to prepare for? Resilience: What can I set aside for next month’s spending? Creation: What goals, large or small, do I want to prioritize? Flexibility: What changes do I need to make, if any?     Watch The Jesse Mecham Show on Youtube: https://www.youtube.com/@jessemechamshow   Got a question for Jesse? Send him an email: askjesse@ynab.com   Sign up for a free 34-day trial of YNAB at www.youneedabudget.com   Follow YNAB on social media: Facebook: @ynabofficial Instagram: @ynab.official Twitter/X: @ynab Tik Tok: @ynabofficial   Tickets to YNAB Fan Fest 2025 are on sale now! Coming to San Diego, Minneapolis, and NYC: YNAB.com/events  

You've heard the term "monkey see, monkey do," and it's true of kids and money too -- and probably not in the ways you expect! Jesse shares a couple lessons about kids and money he's learned from parenting seven children, and how kids often learn as much or more from the things you do with your money rather than what you say about money. What you say matters too, however! The main takeaway is to be thoughtful about how you engage with money, becuase your kids are listening (and watching).   Watch The Jesse Mecham Show on Youtube: https://www.youtube.com/@jessemechamshow   Got a question for Jesse? Send him an email: askjesse@ynab.com   Sign up for a free 34-day trial of YNAB at www.youneedabudget.com   Follow YNAB on social media: Facebook: @ynabofficial Instagram: @ynab.official Twitter/X: @ynab Tik Tok: @ynabofficial   Tickets to YNAB Fan Fest 2025 are on sale now! Coming to San Diego, Minneapolis, and NYC: YNAB.com/events  

At 25, the host aspired to own a paid-off home by 30, believing it would offer security and freedom. However, achieving this goal led to unexpected regrets, as he realized the mortgage was just another bill. He discusses the surprising lack of satisfaction from being mortgage-free and suggests that investing those payments could have yielded better returns. The conversation emphasizes the emotional versus mathematical aspects of financial decisions, highlighting the importance of reflecting on both before committing to big goals.

Dive into a fresh perspective on money, viewing it as a medium of energy rather than just a currency. Discover how your spending habits can reflect your true self and personal values. The concept of 'spendfulness' encourages mindful spending, aiming to enhance contentment and lessen guilt associated with purchases. Learn to align your financial choices with who you are, transforming money into a true expression of your identity!

Jesse answers listener questions about budgeting and spending philosophies. He dives into the significance of durable kitchen appliances, sharing insights on brand loyalty and waste. Discussions reveal the practicality of essentials like the Instapot and Breville immersion blender. Plus, a sneak peek into an upcoming format change promises more succinct episodes. Don't miss out on the exciting events coming up in 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!

In a lively Q&A session, Jesse delves into whether investment advisors add value to your financial journey while exploring the emotional aspects of spontaneous spending. He also navigates the complex world of inherited wealth, offering strategies for budgeting and long-term planning. Plus, get a sneak peek at exciting changes coming to the show! Whether it's impulsive purchases or managing newfound funds, Jesse provides insights that resonate and empower listeners.

Jesse dives into essential questions about managing finances following the loss of a loved one and the importance of strategic planning. He discusses the pros and cons of financing a car versus investing and how to navigate these economic choices wisely. The conversation shifts to transforming financial mindsets, where Jesse shares how language can alter perceptions around money. Additionally, he recommends valuable personal finance books for teenagers, aiming to empower the next generation with essential money management skills.

Discover the concept of 'spendfulness', a fresh take on personal finance that emphasizes purposeful spending and joyful giving. It encourages you to align your financial choices with your true values and aspirations. Forget traditional budgeting strains; this approach offers a pathway to redefine your financial freedom. Tune in for inspiration and tips to make your money reflect who you are and what you care about!