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Episode 3752:
J. Money explains why he thinks of saving money as one more monthly bill, paid to the future you, rather than whatever happens to be left over after everything else. He shares how to choose where that money goes and how much to put in, and tells the story of the year he thought he was contributing to his 401(k) but never actually signed up.
Read along with the original article(s) here: https://budgetsaresexy.com/tip-treat-savings-as-monthly-bill/
Quotes to ponder:
"Anyways, all that to say action is the most important."
"Don't leave it in the hands of the future-you!"
"But the point is, the more you make it a habit, the more you'll end up with down the road, and the more you won't "forget" to do it too."
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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