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Jan 2024
10m 27s

2438: 7 Strategies One Woman Used to Sav...

Optimal Living Daily | Dr. Neal Malik
About this episode

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 2438:

Bola Sokunbi of TheBudgetMom.com shares her journey and strategies in saving $100,000 in 3.5 years. Through cultivating a positive mindset, setting specific goals, and surrounding herself with motivational influences, Bola emphasizes the importance of smart financial planning. Her methods include contributing to retirement funds, minimizing expenses, wise credit use, and exploring side hustles for additional income. Her story is not just about saving money, but also about developing a deeper understanding and control over personal finances.

Read along with the original article(s) here: https://www.thebudgetmom.com/strategies-to-save-money/

Quotes to ponder:

"You have to decide that you are ready to start saving or to start paying off your debt and you also have to decide that regardless of what is going on, or what people are telling you, you can do it."

"Once you start to shift your circle of influence and surround yourself with the right influences that align with your money goals you'll find that you are more focused on achieving those goals."

Episode references:

Grit by Angela Duckworth: https://www.amazon.com/Grit-Passion-Perseverance-Angela-Duckworth/dp/1501111108

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