Removing biases and creating buffer in our budget and investment strategies - Essentialism Part 2
09/08/21 • 33 min
1 Listener
Have you ever overcommitted or underestimated the time it would take to do something? In our second look at the book Essentialism, we discuss how elimination and creating a buffer will help your budget, investing, and overall personal financial life.
Links
The Psychology of Money book (affiliate)
Advertising Inquiries: https://redcircle.com/brands
Have you ever overcommitted or underestimated the time it would take to do something? In our second look at the book Essentialism, we discuss how elimination and creating a buffer will help your budget, investing, and overall personal financial life.
Links
The Psychology of Money book (affiliate)
Advertising Inquiries: https://redcircle.com/brands
Previous Episode
Discerning what's best and exploring investing options - Essentialism book Part 1
1 RecommendationsHave you ever felt overwhelmed and as if you don't have enough time? Today we're going to look at the book "Essentialism" by Greg Mckeown and discuss how to have a systematic approach to determining our highest priorities. Today we'll focus on exploring as many options as possible and then have a strict filter for what sticks.
Links
Millionaire Next Door podcast episode
Up Next
Next week we'll dive deeper into the book "Essentialism" and discuss the principles of committing and creating a buffer and how it applies to your budget and investing decisions.
Advertising Inquiries: https://redcircle.com/brands
Next Episode
A framework for better money conversations with your spouse - Part 1
Having money conversations with your spouse can be difficult for lots of reasons. The reality is, many of us don't have a lot of practice holding these types of conversations.
When Samantha and I were first married, she let me do my own thing with our money. She trusted me. That sounds great, right? The problem came when I wanted her input on decisions. I'd get frustrated that she had no opinion, and she'd get frustrated with feeling stupid in regards to money.
To help us have better conversations, we came up with a 5-part framework that we believe could help you as well.
In today's episode, we discuss parts 1 & 2:
- Understanding each other's background
- Putting together a plan
Next week we'll discuss parts 3 through 5.
Advertising Inquiries: https://redcircle.com/brands
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