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Episode 4097:
Mr. Money Mustache uses the metaphor of surfing a wave to illustrate how debt, financial stability, and investing place people in very different financial positions, even when their lifestyles look the same. By encouraging readers to move from financing consumption to building investments, he shows how intentional money habits can create lasting freedom and reduce financial stress.
Read along with the original article(s) here: https://www.mrmoneymustache.com/2013/05/25/which-part-of-the-money-wave-do-you-surf/
Quotes to ponder:
"The struggling person has debt. It’s an absolutely destructive and useless thing to bring into your life, unless done on an investment basis with a calculator firmly in hand."
"By the time you get rich enough to afford such a thing, you will have freed yourself from the desire to buy it. Which makes you end up even richer."
"You only live once, and what good is money if you don’t spend it on yourself, you can’t take it with you!"
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