The Jesse Mecham Show Ask Jesse: Reading Habits, Debit Card Update, and More!
Oct 28, 2024
Jesse dives into his love-hate relationship with reading Marx's Das Kapital, ultimately casting it aside. He shares an update on his experiences with debit and credit card usage that might surprise you. The discussion takes a turn to the effects of being overly aware of your investments, highlighting how it can lead to stress rather than clarity. Listeners will appreciate the practical advice on balancing debt and building a solid financial foundation.
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Prioritize Month Ahead
- Prioritize getting a month ahead financially before aggressively paying down debt.
- This builds resilience and improves decision-making during financial challenges.
Abandoned Endeavors
- Jesse Mecham tried reading Das Kapital but found it unreadable and verbose.
- He also tried learning Japanese in his late 30s but gave up.
Investment Awareness Tax
- Excessive awareness of investment portfolio fluctuations can negatively impact returns.
- Simple investing strategies, like index funds, often outperform complex ones.