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Aug 2024
11m 47s

2678: Budgets Suck. Do This Instead by F...

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 2678:

FIRECracker of Millennial-Revolution.com challenges conventional budgeting by advocating for a personalized approach. By identifying and prioritizing your top three values, you can allocate money towards what truly matters to you, rather than conforming to restrictive spending limits that can undermine your happiness and financial independence.

Read along with the original article(s) here: https://www.millennial-revolution.com/build/budgets-suck-instead/

Quotes to ponder:

"Budgets tend to look at all your spending and try to force you to ruthlessly cut back on everything. But what they don’t do is EMPOWER you."

"What you’ve just written down are your top three VALUES. These are what you SHOULD be spending money on."

"Everyone’s path to Financial Independence is unique, and uniquely their own. So figure out your values, and fill that jar your way, with your own rocks, and screw what anyone else thinks."

Episode references:

Your Money or Your Life: https://www.amazon.com/Your-Money-Life-Transforming-Relationship/dp/0143115766

Mr. Money Mustache: https://www.mrmoneymustache.com/

Budgets Are Sexy: https://www.budgetsaresexy.com/

Frugalwoods: https://www.frugalwoods.com/

The Simple Path to Wealth: https://www.amazon.com/Simple-Path-Wealth-financial-independence/dp/1533667926

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