Optimal Finance Daily - Financial Independence and Money Advice 3087: [Part 2] Earn Like A Boss Spend Like An Intern by Chris of Keep Thrifty on Money Goals
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Mar 27, 2025 The speaker shares transformative lessons from a well-paying internship, emphasizing financial discipline. They advocate for spending aligned with personal values rather than income, highlighting that true fulfillment comes from relationships and experiences. Creative cost-saving strategies are explored, demonstrating that enjoying life doesn't require extravagance. The importance of tracking expenses and prioritizing long-term goals over short-term desires is stressed, paving the way for financial independence and early retirement.
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Intern Spending
- Chris had a well-paying internship but maintained his student lifestyle.
- This allowed him to save significantly, highlighting that spending doesn't have to match income.
Spending & Income
- Spending should be based on values, not income level.
- A higher salary doesn't necessitate increased spending.
Raises & Rewards
- Resist the urge to increase spending with raises.
- Invest raises in long-term goals like mortgage payments or financial freedom.
