Spending Agency, Eliminating Money Worry
Many of us worry about money. We feel that we either never have enough or that it should be squirreled away for when disaster hits. But what if the purpose of money is to be spent? In this episode, Jesse Mecham hits us with the difficult truth that people are bad with money. Amber and Tom tease out why this is with Jesse, and how we can eliminate money worry by asking ourselves what money is for. Jesse shares how his years of working with people showed him that eliminating money worry starts with understanding what we are spending our money on. In his new book and New York Times Bestseller, "Never Worry About Money Again," he outlines that being good with money means being good at spending it. This includes understanding the five categories of spending: for now, for later, for ease, for you, and for change. Along the way, the conversation gets personal, and Jesse reflects on his current stage in life, where he wants woodworking tools and a beautiful garden. Amber, Tom, and Jesse discuss that knowing what you want allows you to use agency, choosing what money is spent on instead of allowing the spending to happen without any thought. Spending reflects our spiritual selves, not by being separate, but by being a part of our everyday lives and who we are. About Jesse Mecham: Jesse Mecham is a personal finance expert and founder of YNAB. Jesse hosts the top-rated financial podcast You Need A Budget, as well as the business owners’ guide to managing cash flow, the Beginning Balance Podcast. He is the Wall Street Journal best-selling author of, You Need A Budget and is regularly quoted in the media as a money management expert – Forbes, New York Times, CNBC, and Business Insider have featured him – to name a few! When not teaching the YNAB Method, Jesse loves gardening, woodworking, marksmanship, and travel. He also spends a good bit of time with his wife and their seven children – yes, seven! Jesse's Books: You Need A Budget Never Worry About Money Again For more episodes and info, visit Money, Meet Meaning. Learn more about your ad choices. Visit megaphone.fm/adchoices
