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Episode 3265:
Chris highlights how patience can serve as a powerful form of “passive income,” saving you money simply by waiting. From smartphones and movies to books and credit card debt, he shows how delaying gratification translates into hundreds of extra dollars and long-term financial freedom. Paired with the compounding power of investing, patience becomes one of the smartest wealth-building tools at your disposal.
Read along with the original article(s) here: https://www.keepthrifty.com/patience-passive-income/
Quotes to ponder:
“I want it all, I want it all, I want it all, and I want it now.”
“Compared to the impatient buyer, the patient one actually has an extra $860 in their bank account at the end of those two years!”
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Optimal Finance Daily - Financial Independence and Money Advice