使用Player FM应用程序离线!
2996: [Part 2] Passive Income and Other Money Myths by Leif Dahleen of Physician on Fire on Intentional Spending
Manage episode 459529326 series 2394769
Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com.
Episode 2996:
Dr. Leif Dahleen debunks common financial misconceptions like "free" travel with credit card points, the necessity of budgeting, and the idea that everyone needs a side hustle. He explains how credit card rewards aren’t truly free and challenges the notion that earning more is always better than spending less, especially when taxes are factored in. His insights encourage intentional spending and a realistic approach to personal finance.
Read along with the original article(s) here: https://www.physicianonfire.com/money-myths/
Quotes to ponder:
“You might be inclined to consider these flights as ‘free travel,’ but the truth is that you could have $500 cash in your pocket instead.”
“A dollar saved is better than a dollar earned. Every $1.00 that you don’t spend is about $1.60 that you don’t have to earn.”
“Side gigs can be great for non-financial reasons but a main gig ought to be enough to support you and your family financially.”
Episode references:
YNAB (You Need a Budget): https://www.youneedabudget.com/
Learn more about your ad choices. Visit megaphone.fm/adchoices
3802集单集
2996: [Part 2] Passive Income and Other Money Myths by Leif Dahleen of Physician on Fire on Intentional Spending
Optimal Finance Daily - Financial Independence and Money Advice
Manage episode 459529326 series 2394769
Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com.
Episode 2996:
Dr. Leif Dahleen debunks common financial misconceptions like "free" travel with credit card points, the necessity of budgeting, and the idea that everyone needs a side hustle. He explains how credit card rewards aren’t truly free and challenges the notion that earning more is always better than spending less, especially when taxes are factored in. His insights encourage intentional spending and a realistic approach to personal finance.
Read along with the original article(s) here: https://www.physicianonfire.com/money-myths/
Quotes to ponder:
“You might be inclined to consider these flights as ‘free travel,’ but the truth is that you could have $500 cash in your pocket instead.”
“A dollar saved is better than a dollar earned. Every $1.00 that you don’t spend is about $1.60 that you don’t have to earn.”
“Side gigs can be great for non-financial reasons but a main gig ought to be enough to support you and your family financially.”
Episode references:
YNAB (You Need a Budget): https://www.youneedabudget.com/
Learn more about your ad choices. Visit megaphone.fm/adchoices
3802集单集
Minden epizód
×欢迎使用Player FM
Player FM正在网上搜索高质量的播客,以便您现在享受。它是最好的播客应用程序,适用于安卓、iPhone和网络。注册以跨设备同步订阅。