It's Not About The Money

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: 

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Steve Nay: 

Tyler Smith: