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Episode 3590:
Bob Lotich explains how complicated finances quietly add stress to everyday life, and shares eleven ways to simplify them. He covers consolidating bank and retirement accounts, cutting back to one credit card, getting out of debt, investing in index funds, and paying cash for smaller purchases. He also argues for trimming unused subscriptions, focusing on one or two goals at a time, and limiting the constant stream of financial advice.
Read along with the original article(s) here: https://www.becomingminimalist.com/simplify-finances/
Quotes to ponder:
"Debt doesn't just cost you money, it also makes life more complicated."
"Each debt that you eliminate takes out one complication in your life."
"The fewer payments you need to make, the simpler your finances will be."
Optimal Health Daily is a daily health and wellness podcast where we narrate the best articles on nutrition, fitness, weight loss, and healthy habits, read to you by a professional narrator so you can improve your health a little more every day.
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