The Jesse Mecham Show

The Rule Three Escape Hatch


Listen Later

YNAB'er Elizabeth wrote into the podcast asking for clarification of Rule Three -- can you use it too often?

 

Simply put, If you aren't reaching your goals, Jesse says, you're misusing Rule Three. If you aren't saving the money you thing you should be saving, then Rule Three has become an escape hatch for your budget, instead of an empowering tool.

 

Scarcity is a powerful motivator for budgeting. Embracing the fact that you have limited dollars, and that you cannot rob from your future self to pay unexpected expenses today, means you will have to become comfortable saying "no."

 

If you'd like to write into the show, email Jesse your questions at [email protected].

 

Sign up for a free 34-day trial of YNAB at www.youneedabudget.com

...more
View all episodesView all episodes
Download on the App Store

The Jesse Mecham ShowBy Jesse Mecham

  • 4.7
  • 4.7
  • 4.7
  • 4.7
  • 4.7

4.7

1,061 ratings


More shows like The Jesse Mecham Show

View all
Money Girl by QuickAndDirtyTips.com

Money Girl

1,849 Listeners

So Money with Farnoosh Torabi by Farnoosh Torabi

So Money with Farnoosh Torabi

1,947 Listeners

Afford Anything by Paula Pant | Cumulus Podcast Network

Afford Anything

3,524 Listeners

HerMoney with Jean Chatzky by Jean Chatzky Her Money

HerMoney with Jean Chatzky

1,445 Listeners

ChooseFI by ChooseFI

ChooseFI

5,086 Listeners

BiggerPockets Money Podcast by BiggerPockets

BiggerPockets Money Podcast

3,054 Listeners

Frugal Friends Podcast by Jen Smith & Jill Sirianni | Backyard Ventures

Frugal Friends Podcast

1,187 Listeners

Earn & Invest by Jordan Grumet (Doc G)

Earn & Invest

434 Listeners

Get the Hell Out of Debt by Cloud10

Get the Hell Out of Debt

225 Listeners

Mile High FI Podcast by Doug Cunnington & Carl Jensen

Mile High FI Podcast

184 Listeners

Inspired Budget by Allison Baggerly

Inspired Budget

300 Listeners

Beginning Balance by Jesse Mecham

Beginning Balance

68 Listeners

Money For Couples with Ramit Sethi by Ramit Sethi

Money For Couples with Ramit Sethi

3,361 Listeners

Budget Nerds by You Need a Budget

Budget Nerds

108 Listeners

Catching Up to FI by Bill Yount & Jackie Cummings Koski

Catching Up to FI

328 Listeners