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Optimal Finance Daily - Financial Independence and Money Advice
2569: Stop Using These 6 Ridiculous Excuses For Not Saving Money by Michelle Schroeder-Gardner of Making Sense of Cents on Financial Health
Dec 30, 2023
Michelle Schroeder-Gardner, founder of Making Sense of Cents, debunks common excuses for not saving money. She emphasizes the importance of positive thinking and reveals how it's possible to live a great life while saving. Additionally, she discusses the impact of beliefs on finances and the significance of taking consistent action and finding inspiration from others.
10:15
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Quick takeaways
- Saving money allows you to live a great life while preparing for the future.
- Changing deeply held beliefs about money can lead to more confident actions towards saving.
Deep dives
Saving money can improve your financial situation
Saving money can help you stop living paycheck to paycheck, pay off debt, and prepare for retirement. Despite the negative connotations associated with saving money, it is possible to live a great life while saving on small and large incomes. Managing money better and living within a realistic budget can allow you to enjoy life while saving for the future.
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