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Everything is budgeting episode artwork

Nov 2, 2023 26 min

Everything is budgeting

from It's Not About The Money Hosted by Steve Nay and Tyler Smith

In this episode, we acknowledge that maybe we love the word "budgeting" too much and what we really mean is "making better decisions". Allocating resources (time, attention, money, nutrition) are all about scarcity and opportunity costs. It's about defining your values and the results you want, and then making the decisions that will lead you to those outcomes. (00:00) - Roller coaster change management (03:51) - Finite resources (11:54) - Food opportunity costs (14:11) - Steve's PTO budget (18:25) - Scarcity and opportunity costs in resource allocation problems generally (21:07) - Making better decisions (aka budgeting) Links: Tyler's newsletter https://newsletter.tylersmith.io/posts/why-we-feel-lost-sometimes --- Steve Nay: https://daybreaktax.com/ https://www.linkedin.com/in/nsteven/ Tyler Smith: https://www.tylersmith.io/ https://www.linkedin.com/in/tylersmith-io/

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Everything is budgeting

0:00 26:46

Chapters

  1. 0:00 Roller coaster change management
  2. 3:51 Finite resources
  3. 11:54 Food opportunity costs
  4. 14:11 Steve's PTO budget
  5. 18:25 Scarcity and opportunity costs in resource allocation problems generally
  6. 21:07 Making better decisions (aka budgeting)

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This episode was published on November 2, 2023.

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