041 - Credit Card Pros and Cons

FromThe YNAB Podcast

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041 - Credit Card Pros and Cons

FromThe YNAB Podcast

ratings:

Length:

7 minutes

Released:

Aug 6, 2012

Format:

Podcast episode

Description

If you carry a credit card balance from month to month, your credit cards should be destroyed. If you're operating by YNAB's 4 Rules, Credit Cards offer some advantages.

Released:

Aug 6, 2012

Format:

Podcast episode

Titles in the series (100)

A weekly dose of just the right medicine to help you get out of debt, save more money, and beat the paycheck to paycheck cycle.

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008 - 3 Tiny Habits, Big Takeaways: I relate my experience with BJ Fogg's 3 Tiny Habits program, and how that ties in so beautifully to budgeting--specifically staying on top of recording your transactions. by The YNAB Podcast
10 min listen
016 - The Double-Edged Sword of Automation: Automation is a two-edged sword. Used wisely, it will revolutionize your finances. Used poorly, it will do nothing for you (it may even hurt you, in a financial way). by The YNAB Podcast
9 min listen
009 - Success Story: a Quicken Junkie Convert!: I interview Sheridan from Orange County, California. She's now been using YNAB for 2.5 years, and won't be going back to Quicken any time soon! by The YNAB Podcast
20 min listen
Episode 002 - Setting and Achieving Mini Financial Goals (Budgeting): Wait, I thought we were budgeting. What's all this talk about goals, mini-goals, and habits? Yeah, you're not budgeting. You're becoming an unbelievably effective goal setter/reacher. by The YNAB Podcast
14 min listen
Episode 001 - Stop Living Paycheck to Paycheck: 70% of people live paycheck to paycheck, but did you know the interesting part of that statistic that isn't often quoted? It will surprise you, and perhaps spur you on to decide that $1000 is the new $0. Rule Four, "Stop Living Paycheck to... by The YNAB Podcast
11 min listen
012 - An Interview with Carl Richards, Author of "The Behavior Gap": "Simple ways to stop doing dumb things with money" is the tagline of Carl's book, "The Behavior Gap". Stop doing dumb things when it comes to investing? I'll take one of those please! by The YNAB Podcast
29 min listen
010 - YNAB Gets a New Site Design!: I discuss some of the whys behind our 12/2011 site redesign. by The YNAB Podcast
8 min listen
039 - When a Spouse isn't On Board: I'm no marriage counselor, but I do sell for a living, and I think you have to sell your Spouse on budgeting. by The YNAB Podcast
7 min listen
Episode 003 - The Power of Rule Two (Plus Rule One): Creating blissful cash flow situations by The YNAB Podcast
16 min listen
Episode 004 - Lavish Spending (on Purpose): Lavish spending. Your budgeting indulgence. No judgement here, as long as it's purposeful and done with total awareness. by The YNAB Podcast
17 min listen
005 - Success Story: a Cut in Salary, and Freelancing: An interview with Brian from Massachusetts, a freelance video editor, that now feels content--even with a large drop in income. by The YNAB Podcast
16 min listen
011 - A New Year's Crash Course: Erin Lowell, YNAB's head of Education, jumps onto the program to introduce our new New Year's Crash Course. One more way to help you get this money thing done RIGHT. by The YNAB Podcast
13 min listen
007 - Christmas, Weak Reports, the Best Report of All: A few words on Christmas, why January's so important to your Christmas spending, and weak reports. Also, a hat tip to the best report of all. by The YNAB Podcast
15 min listen
015 - Ignoring Life's Biggest Expense is Folly: Taxes are your life's single biggest expense. Cozy up with the tax code and minimize as if your financial life depended on it! by The YNAB Podcast
20 min listen
006 - The Budget and Slow Suffocation: One of the more embarrassing moments of my teenage years taught me a great lesson about budgeting, breathing, and the crushing effects of five pounds. by The YNAB Podcast
17 min listen
019 - Halftime Adjustments: Five minutes trying to convince you that adjusting your budget is not only correct, it's a best practice. by The YNAB Podcast
6 min listen
014 - Success Story: From Doing Fine to Awesome: A YNAB success story interview with Brian from Portland. We wax philosophical about present you, and future you (Rules One & Two), and Brian talks about his transition from Quicken. by The YNAB Podcast
24 min listen
021 - Your Budget Boiling Point: Your budget has a boiling point. Dial it back a few notches so you can stick to your budget for the long haul. by The YNAB Podcast
7 min listen
031 - Success Story: Where There's a Will...: Will has been using YNAB for about five months and, since he only had nice things to say about it, I thought he made a great success story ;) by The YNAB Podcast
12 min listen
017 - The Debt Snowflake: The debt snowball is tried and true, but what's the debt snowflake? It's more effective than it sounds :) by The YNAB Podcast
8 min listen
040 - Success Story: Motivational Speaker Gets Motivated by YNAB: I interview Joe, a motivational speaker that was motivated to change his finances for the better. He's also started using YNAB in a very unique way -- and it has nothing to do with money! by The YNAB Podcast
16 min listen
054 - Your Car is a Wealth Sucking Parasite.: If you're like most (and you probably are), you're driving too much car. Consider how it just might be keeping you from the financial goals you REALLY care about. by The YNAB Podcast
10 min listen
029 - So..Should You Start Over?: What's the harm in starting over? What are some good reasons to hit the 'reset' button, and when should you keep on truckin'? by The YNAB Podcast
4 min listen
013 - An Interview with Baker from ManVsDebt.com: Baker and his wife had an epiphany the night their daughter was born. With the answer to one simple question, they found freedom. This will get you thinking! by The YNAB Podcast
21 min listen
022 - YNAB for Your Business?: Can YNAB serve your business just as well? Well, YNAB's serving YNAB well. by The YNAB Podcast
11 min listen
038 - The Most Important Number in Retirement: There's always lots of talk about your "nest egg" in retirement…and lots of sexy-sounding words when it comes to investing (ETF! Diversification!) but the most important number is the one that's never talked about. by The YNAB Podcast
7 min listen
037 - What IS YNAB Anyway?: In the wake of an eventful, learning-filled, stressful launch of YNAB 4…what IS YNAB? by The YNAB Podcast
7 min listen
044 - Taking Care of Your Family, No Matter What: As part of the #LifeAware Life Insurance Movement, I bring on special guest, Jeff Rose, Cerftified Financial Planner, founder of Alliance Wealth Management, and blogger at GoodFinancialCents.com. by The YNAB Podcast
9 min listen
033 - A Week in the Wilderness: Prepping for a 50-mile hike is a lot like the monthly budget meeting. This topic is oozing metaphors. by The YNAB Podcast
6 min listen
035 - Unexpected Slowdowns & Water Shortages: I returned from a 50-mile backpacking trip in a fairly remote area of Utah. Of course every single thing I experienced can be tied back to budgeting. Because budgeting is awesome. by The YNAB Podcast
7 min listen

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Gaming the Credit Card System... Maybe: Jesse answers a question from a listener who argues that becuase he carries enough cash to cover his credit card spending at all times, he is not riding the float and therefore is gaming the credit card companies. Jesse quotes Charlie Munger -- "show... by The YNAB Podcast
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Looking In the Mirror: Mirror, mirror on the wall... which category is the truest of them all? Over the last several weeks, Jesse has explored the idea that money is more than just a tool, it's a reflection of you. Your spending is a representation of your energies and your... by The YNAB Podcast
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Money Is Not a Tool: One of the pervasive messages about money is that "it's just a tool," and Jesse takes issue with that! When money is reduced to a mere tool, like a wrench or a screwdriver, it invites people to be more careless with it, to use it then put it in a... by The YNAB Podcast
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Dire Straits, or Rolling In It, It's All the Same: Whether your bank account is looking bare and collecting dust, or flush with cash, the temptation is all the same: to run away from the money. The person in dire financial straits often wishes they had a bunch of money, because then they wouldn't have... by The YNAB Podcast
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Ask Jesse: How to Plan with a Reluctant Partner, and Some Successes: Jesse opens his inbox for another for round of Ask Jesse, where he answers emails from YNAB'ers about all things money, finance, and... well, life! In today's episode, one listener asks about how to deal with a reluctant partner who doesn't want to... by The YNAB Podcast
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A Sample of Interesting, Joyful Spending: Back in October 2023, Jesse asked listeners to look at their last ten transactions on YNAB and rank them on a scale from one to three, with one being spending that sucked joy from them and three being spending that sparked joy. Then he asked listeners... by The YNAB Podcast
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YNABers Share Their New Years Resolutions: A few weeks ago, Jesse put out the call to share your New Years resolutions, as well as a guiding word for 2024 -- something to help you put your resolution into action day to day. Jesse received a number of great responses, and shares a sample of... by The YNAB Podcast
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Discover this podcast and so much more

041 - Credit Card Pros and Cons

041 - Credit Card Pros and Cons

Description

Titles in the series (100)

More Episodes from The YNAB Podcast

Related podcast episodes