Business
Entrepreneur and budgeting pro Jesse Mecham joins Chris to talk about why you need a budget regardless of how much you make. They also discuss about why budgeting gets a bad rap, how to make it easy, why you might be doing it wrong and some of Jesse's top family hacks.Jesse Mecham is the founder and CEO of You Need A Budget (YNAB), one of the best budgeting tools in the market today. He started the company in 2004 as a side hustle and it now supports over 100,000 customers. He's also the host of the YNAB Podcast and author of the bestselling book You Need A Budget.Full show notes available at: https://www.allthehacks.com/easy-budgeting-jesse-mecham Selected Links From The EpisodeTry out YNAB: Free Month OfferConnect with Jesse Mecham: YNAB Podcast | Website | EmailRoth IRAs: Backdoor Roth IRAs and Mega Backdoor Roth IRA Full Show NotesWho is Jesse Mecham. [00:18]Why is the idea of budgeting associated with negative feelings? [01:36]The stress of figuring out what you can and cannot afford.[02:56]Do you have to look at past spending before you create a budget? [05:00]Why you need a budget even if you make a good income. [12:19]Four rules of budgeting. [15:08]Should you use a spreadsheet or an app to create your budget? [17:26]How to budget and save when you have a big family? [22:10]How did Jesse become the YNAB guy? (You need a budget origin story) [27:55]The biggest hack of all (according to Jesse). [31:51]A nerdy investment hack (get tax free money!) [34:02]The 1% retirement investment rule. [38:18]Life hacks that make Jesse's life more convenient. [41:10]How to connect with Jesse Mecham. [42:56] Connect with All the HacksAll the Hacks: Newsletter | Website | Facebook | EmailChris Hutchins: Twitter | Instagram | Website | LinkedIn