Budget Nerds17 Huhti 2024

#88 - Swim Fins and Why You Shouldn't Compare Yourself to Others

In today's episode, Ben shares a story about swimming at the YMCA. One of Ben's favorite forms of exercise is swimming laps at his local YMCA, and while it's a great solitary form of exercise, sometimes you can't help but notice how your pace compares to others in the pool. One day Ben started swimming laps only to notice an older lady absolutely hauling in another lane. Which was... discouraging, to say the least. However, as she was exiting the pool Ben noticed she was wearing swim fins, and her blazing performance began to make sense.

This woman had a huge advantage, but it was hidden under the water. In the waves and froth of the water, Ben couldn't see it. It's a good analogy for financial circumstances. For the most part, we only see the outward indicators of other people's financial life -- the things they can afford to buy, the places they can afford to live -- and even those obversations can be greatly skewed if those people are buying things with debt! It's important to realize that other people have different advantages in life, and those can significantly influence their financial circumstances. So Ben urges you not to compare yourself to others, because you don't know what advantages they've had, and you can't see their full financial picture from your standpoint. As the saying goes, comparison is the thief of joy!

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#59 - LIVE Q&A on YouTube (Feb 22, 2023)

ANNOUNCEMENT: Ben and Ernie are going LIVE on YouTube on Feb. 22, 3:00pm EST to chat with you and answer your questions. If you missed the Q&A, you can still watch the replay -- just head on over to...

22 Helmi 20232min

#58 - All About Pets with Hannah (Heard It From Hannah)

Ben and Ernie invite Hannah, from the popular YouTube budgeting show Heard It From Hannah, on to the show to talk about everyone's favorite topic -- pets! Dogs, of course, are man's best friend (sorry...

8 Helmi 20231h 4min

#57 - Ben and Ernie Review Their 2022 Purchases

The good, the bad, the meh, and everything in between -- Ben and Ernie review their most memorable purchases in 2022. Ben discovers that tree management is actually a true expense (and not a small one...

25 Tammi 20231h

#56 - Simplify

Simplification is kind of a running theme in Budget Nerds, but Ben and Ernie haven't done a whole show dedicated to simplifying -- simplifying the budget, your bank accounts, even your life! Today the...

11 Tammi 202348min

#55 - 2022 Year In Review

Ben and Ernie look back at 2022 and discuss the themes for the year, celebrate some budgeting wins, and identify areas for improvement next year. Ben and Ernie want to hear about your YNAB wins! Sen...

28 Joulu 202247min

#54 - Budgeting Together: A First Look at the New Feature "YNAB Together"

Ben and Ernie introduce the brand new YNAB feature "YNAB Together," which allows partners and families to share a budget via group login, with varying levels of permissions. During the extensive beta ...

30 Marras 202229min

#53 - Tradeoffs

Budgeting is all about tradeoffs. Tradeoffs are built right into the Four Rules (in particular Rule One and Rule Three)! Ben and Ernie revisit the idea of tradeoffs in budgeting, and discuss the kinds...

16 Marras 202249min

#52 - The Other Little Habits of Successful YNABers

Last year, Ben and Ernie shared the 6 Habits of Successful YNABers, but there's a lot little things they do which have made them effective budgeters over the long run. Today they share those little ha...

2 Marras 202246min