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This week, we discuss the almost unreal financial potential of saving money. Yes, saving money.
In today's world of unicorn startups, crypto, and all-time-high bull markets, saving money can sometimes seem like a wasted effort.
We're here to show you that good, old-fashioned money saving might soon be viewed as the next "hack" to gaining financial freedom. Contrary to popular opinion, it's incredibly powerful and not as hard as you think.
Also - check out this video to see how saving at 4% beats investing at 10% 🤯
Your Maximum Financial Potential
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EPISODE HIGHLIGHTS:
(00:38) We all have a savings problem - and it's not what you think
(01:17) Silicon Valley has a BIG savings problem - and it is what you think
(04:44) High time preference - "Keeping up with the Joneses"
(14:10) Parkinson's Law and burn rate
(17:24) The Infinite Banking Concept - a strategic solution to saving
(26:29) Creating a wealth coordination account to turn savings upside down
4.7
6262 ratings
This week, we discuss the almost unreal financial potential of saving money. Yes, saving money.
In today's world of unicorn startups, crypto, and all-time-high bull markets, saving money can sometimes seem like a wasted effort.
We're here to show you that good, old-fashioned money saving might soon be viewed as the next "hack" to gaining financial freedom. Contrary to popular opinion, it's incredibly powerful and not as hard as you think.
Also - check out this video to see how saving at 4% beats investing at 10% 🤯
Your Maximum Financial Potential
----
EPISODE HIGHLIGHTS:
(00:38) We all have a savings problem - and it's not what you think
(01:17) Silicon Valley has a BIG savings problem - and it is what you think
(04:44) High time preference - "Keeping up with the Joneses"
(14:10) Parkinson's Law and burn rate
(17:24) The Infinite Banking Concept - a strategic solution to saving
(26:29) Creating a wealth coordination account to turn savings upside down
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