John Dinsmore

speaker

186 appearances 1 recordings 1 series first heard Aug 2026 last heard 3 Aug

John Dinsmore’s voice in public audio — every appearance, attributed to the second.

Trend

recordings per month · last 12 months

Recordings per month over the last 12 months — 1 in all, peaking in Aug 2026 with 1.

Appearances

newest first · ▶ plays the moment

Hidden Brain · Making the Most of Your Mistakes · 3 Aug 2026 podcast

So things like car repairs, home repairs, entertainment expenses, things like that that happen sporadically and at different amounts.

So when we think of a budget or we're trying to predict how much things are going to cost us over a given month, we're able to incorporate the regular expenses, but we completely ignore the irregular expenses.

If you have ever owned a home, you know that there's always going to be frequent but irregularly timed, maybe not every month, but one happens three months and then another seven months from then.

These significant expenses that you know are going to happen at some point.

but you don't know exactly when or for what amount.

So we tend to not take those into account in terms of our mental budgets and how much we think something's going to cost.

Yes, well, if you look back at the housing collapse in the early 2000s, there were a lot of people who...

we're not taking all of the expenses of home ownership into account.

And a significant number of people who, if their refrigerator went out or they had to have something done to the roof, all of a sudden were way over budget on things.

And these are, again, irregular expenses.

So it's pretty common that people fail to take these into account when making a budget.

Well, Bill's father is not unusual in that respect.

There's a number of people and people who have significant followings online who say you should never take out any debt for any reason.

And the truth is, sometimes you have to take out debt.

There's a lot of jobs that, well, if I'm going to have this job, then I need a car.

And unless I can stroke a check for however much money, then I need a car loan.

Well...

I definitely want to have a job, so I'm going to take out a loan for it.

The truth is debt is an essential component of modern life, but it does need to be managed properly.

So that's great if you can pay cash for everything.

Showing 101–120 of 186 · page 6 of 10