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Episode 3699:
Michelle Schroeder-Gardner shares the financial lessons her late father taught her, from budgeting through repeated layoffs to using credit deliberately rather than avoiding it. She describes a man who was not wealthy but who managed his money so well that he traveled to more than fifty countries on an ordinary income. The lesson she carries is that money management is what buys freedom, not what takes it away.
Read along with the original article(s) here: https://www.makingsenseofcents.com/2017/04/great-financial-lessons.html
Quotes to ponder:
"If you are thinking my dad was rich, he wasn't. Instead, he worked with his budget and always made sure to fit exciting trips in because that is what he believed in."
"I think the most important money lesson I learned from my father is that money doesn't have to control you."
"Too many people believe that they can't lead a good life on a budget. That is not true at all."
Optimal Finance Daily is a daily personal finance podcast where we narrate the best articles on financial independence, investing, saving money, and money management, read to you by a professional narrator so you can grow your wealth a little more every day.
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