Effortless English Podcast | Learn English with AJ Hoge

Your Life or Your Money

Jul 10, 2025
Discover the concept of valuing time over money for true wealth and personal fulfillment. The importance of balancing work and life is highlighted, revealing the pitfalls of excessive work demands. Learn the difference between fixed and discretionary expenses for smarter budgeting. Embracing simplicity shines as a path to financial freedom, with personal stories about minimalist living. The discussion emphasizes how a low-cost lifestyle can strengthen family bonds and encourage the pursuit of passions over material gains.
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INSIGHT

Financial Freedom Means Time

  • True wealth is measured in time, not the amount of money you make.
  • Financial freedom means having the time to live your life without being a slave to a job.
ANECDOTE

300% Rent Increase Story

  • Kristen and Joe, friends of AJ Hoge, faced a 300% rent increase in San Francisco.
  • This forced Kristen to return to full-time work after retirement due to skyrocketing housing costs.
INSIGHT

Income and Spending Treadmill

  • People’s spending habits increase proportionally to their income, trapping them in a financial treadmill.
  • Making more money often does not lead to freedom if spending grows equally.
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