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

Optimal Living Daily LLC and Optimal Living Daily | Diania Merriam에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Optimal Living Daily LLC and Optimal Living Daily | Diania Merriam 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.

17d ago 12:50

MP3•에피소드 홈

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

3017 에피소드