Inside Out Money 006. 10 Foundations of personal finance
4 snips
May 29, 2023 The podcast discusses the top 10 foundations of personal finance, including spending less than you make, creating a budget, automating savings, accumulating appreciating assets, and avoiding depreciating assets. They also emphasize the importance of investing early and often, living almost debt-free, and taking responsibility for your retirement. Lastly, they highlight the need for partners to agree on financial principles. Throughout the podcast, the hosts also share personal anecdotes about cycling races, tie-dye shirts, and their podcast journey.
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7 8
Introduction
00:00 • 2min
Personal Record in a Time Trial and Encounter with a Slow Cyclist
01:42 • 2min
Podcast Host's Success and Tie-Dye Shirts
03:59 • 6min
The Basics of Personal Finance and Inviting a Guest
09:46 • 16min
Automating Savings and Bill Payments
25:49 • 6min
Housing as an Investment
31:43 • 8min
Average Car Payments and Buying a Reasonable Home
39:57 • 2min
The Three Superpowers of Personal Finance
41:57 • 18min