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Episode 260: Prof. James Choi: Practical Finance

The Rational Reminder Podcast

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The Virtue of Saving

Economists say you should save a consistent percentage of your income over time. But for popular personal finance authors, it's always the right time to be saving 10 to 15%. The second reason which I think is really interesting is this notion that saving is a virtue. It's a habit. And the only way you build this virtue of this habit is to practice it consistently.

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