Optimal Finance Daily - Financial Independence and Money Advice - 2772: You Probably Have No Idea What You Want by Kevin of Financial Panther on Home Buying Advice

2772: You Probably Have No Idea What You Want by Kevin of Financial Panther on Home Buying Advice

06/24/24 • 10 min

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Optimal Finance Daily - Financial Independence and Money Advice

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com.

Episode 2772:

Kevin of FinancialPanther.com shares a personal story of how his desires evolved over time, emphasizing the unpredictability of knowing what we truly want. He illustrates that life changes and our wants shift accordingly, urging flexibility and realism in our goals and aspirations.

Read along with the original article(s) here: https://financialpanther.com/you-probably-have-no-idea-what-you-want/

Quotes to ponder:

"Life is too long to think that the way you’re living right now is the way you’ll want to live forever."

"Whatever you think you want now, it’s probably going to change as you go through different life phases."

"You’ve got to stay flexible. Your life will change. And with it, the things you want will change too."

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Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com.

Episode 2772:

Read along with the original article(s) here: https://financialpanther.com/you-probably-have-no-idea-what-you-want/

Quotes to ponder:

"Life is too long to think that the way you’re living right now is the way you’ll want to live forever."

"Whatever you think you want now, it’s probably going to change as you go through different life phases."

"You’ve got to stay flexible. Your life will change. And with it, the things you want will change too."

Learn more about your ad choices. Visit megaphone.fm/adchoices

Previous Episode

2771: The Price of Greed by Nick Maggiulli of Of Dollars and Data on Personal Finance Habits

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com.

Episode 2771:

Nick Maggiulli's exploration of "The Price of Greed" illustrates the perils of unchecked ambition through historical and modern examples, revealing how greed, often driven by a desire for status, can lead to devastating financial and personal consequences. By highlighting the stories of figures like Eli Whitney and Jesse Livermore, Maggiulli emphasizes the importance of balancing ambition with wisdom to avoid the high costs of greed.

Read along with the original article(s) here: https://ofdollarsanddata.com/the-price-of-greed/

Quotes to ponder:

"The irony is that this is a money game and money is the way we keep score. But the real object of the Game is not money, it is the playing of the Game itself."

"People start being interested in something because it’s going up, not because they understand it or anything else. But the guy next door, who they know is dumber than they are, is getting rich and they aren’t."

Episode references:

12 Rules for Life by Jordan Peterson: https://www.amazon.com/12-Rules-Life-Antidote-Chaos/dp/0345816021

The Money Game by Adam Smith (George Goodman): https://www.amazon.com/Money-Game-Adam-Smith/dp/0394721039

At Home: A Short History of Private Life by Bill Bryson: https://www.amazon.com/At-Home-Short-History-Private/dp/0767919394

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Next Episode

2773: I'll Show You Mine by Shannon McLay with Budgets Are Sexy on Personal Finance Habits & Advisors

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com.

Episode 2773:

Shannon McLay shares a deeply personal account of her journey as a financial advisor, emphasizing the emotional weight of managing clients' investments. She reveals the importance of transparency and urges investors to ask advisors how they invest their own money, highlighting the necessity of trust and alignment in financial advising.

Read along with the original article(s) here: http://www.budgetsaresexy.com/one-question-to-ask-financial-advisor/

Quotes to ponder:

"I felt the weight of hers and other client’s hopes and dreams falling on my investing shoulders, and it felt like the weight of the world."

"I may be exaggerating a little, but I would want a financial advisor who lost sleep at night over my money rather than the alternative."

"Your relationship with your financial advisor is similar to that of your spouse, and if you can’t trust them and feel comfortable knowing you are on the same team together, then why get married to begin with?"

Episode references:

The Power of Now: https://www.amazon.com/Power-Now-Guide-Spiritual-Enlightenment/dp/1577314808

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