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About YNAB Founder Jesse Mecham
Jesse Mecham is the founder of YNAB (You Need a Budget), the #1 personal budgeting app that helps hundreds of thousands of people who want to gain control of their money, get out of debt, and save more money.
YNAB was founded in 2004 while Jesse was in college to today a powerhouse of 100+ employees. Jesse also wrote a Wall Street Journal best-seller on budgeting.
He is most proud of, his seven kids, so every day feels like an adventure.
What You’ll Learn
In this episode you’ll learn:
- How Jesse initially started YNAB (a popular budgeting software) while he was in college
- The car registration fee that caught Jesse off guard and taught him a powerful budgeting lesson
- How you can reveal financial priorities through scarcity of money
- Why budgeting is putting intentionality behind purchases
- Getting away from the paycheck to paycheck mindset
- Why more money doesn’t necessarily result in a better financial situation
- And the power behind simply reviewing your spending habits
Resources
Join the private FB Group Manage Your Money Like A Boss
#MoneyWin
Zuri– “I set a 1I set a 1 year New Years goal to get my credit over 700 again. I really had a lot of debt. My credit utilization was in the 80 percentile after Christmas season. It really was effecting my mood so much I felt really depressed and stressed because me, my wife and son are planning to make a cross country move in 2021 and with that amount of debt, I felt so behind.
So, after I set the goal, I really went in….all of my extra money went to debt. My whole tax return went to debt. Then when covid 19 came about and forced us inside, I found myself having extra money cause I was no longer eating out…going out….worked from home and even after things kind of opened up….I kept at it. And now here I am 6 months later well over 700. I feel very good about this, its such a relief. Going forward I’m never letting my card usage get so high again. I will stay below the 15% mark. And pay everything off immediately. I’m really financially confident now.” #moneywin
