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Shock Absorbers

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Manage episode 422788218 series 10755
Konten disediakan oleh YNAB and Jesse Mecham. Semua konten podcast termasuk episode, grafik, dan deskripsi podcast diunggah dan disediakan langsung oleh YNAB and Jesse Mecham atau mitra platform podcast mereka. Jika Anda yakin seseorang menggunakan karya berhak cipta Anda tanpa izin, Anda dapat mengikuti proses yang diuraikan di sini https://id.player.fm/legal.

As the saying goes, "stuff" happens. Life throws curveballs, sometimes several in a row, and YNAB'ers prepare for this financially by following the Four Rules:

  1. Give every dollar a job
  2. Embrace your true expenses
  3. Roll with the punches
  4. Age your money

Today's episode is mostly about rule #3. When you roll with the punches, you reassign money you have saved up for other expenses in the future to cover the unexpected expense you are facing right now. After working the method for a while, you'll build up more and more money in your categories, and therefore have more money available to cover unexpeceted expenses when life decides to throw you a curveball. Think of your money like shock absorbers -- it doesn't take away all the pain or stress of unforeseen circumstances, but it does take away the money stress, which can be a blessing!

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: @iYNAB

Instagram: @youneedabudget

Twitter: @ynab

Tik Tok: @ynabofficial

  continue reading

737 episode

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Shock Absorbers

The YNAB Podcast

2,303 subscribers

published

iconBagikan
 
Manage episode 422788218 series 10755
Konten disediakan oleh YNAB and Jesse Mecham. Semua konten podcast termasuk episode, grafik, dan deskripsi podcast diunggah dan disediakan langsung oleh YNAB and Jesse Mecham atau mitra platform podcast mereka. Jika Anda yakin seseorang menggunakan karya berhak cipta Anda tanpa izin, Anda dapat mengikuti proses yang diuraikan di sini https://id.player.fm/legal.

As the saying goes, "stuff" happens. Life throws curveballs, sometimes several in a row, and YNAB'ers prepare for this financially by following the Four Rules:

  1. Give every dollar a job
  2. Embrace your true expenses
  3. Roll with the punches
  4. Age your money

Today's episode is mostly about rule #3. When you roll with the punches, you reassign money you have saved up for other expenses in the future to cover the unexpected expense you are facing right now. After working the method for a while, you'll build up more and more money in your categories, and therefore have more money available to cover unexpeceted expenses when life decides to throw you a curveball. Think of your money like shock absorbers -- it doesn't take away all the pain or stress of unforeseen circumstances, but it does take away the money stress, which can be a blessing!

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: @iYNAB

Instagram: @youneedabudget

Twitter: @ynab

Tik Tok: @ynabofficial

  continue reading

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