Go offline with the Player FM app!
29: How Much Is Your Freedom Worth? (Opportunity Cost and Why It Matters)
Manage episode 298300213 series 2955734
🎙 This episode has the power to change your life. Once you learn this, you can’t unlearn it and you’ll be seeing it everywhere. In this episode, I talk about opportunity cost and what that means for your finances. But I also talk about how it reflects what your freedom is worth. The financial choices you make have more than just a financial impact. And I’m not just talking about your carbon footprint. 🤔
This episode discusses topics like:
🌟 What opportunity cost means and why it’s a fundamental concept of modern economics;
🌟 How to see the opportunity cost in all your financial (and personal) decisions; and
🌟 What the true cost of retirement is — what is your freedom really worth?
Links from this episode:
Episode transcript and show notes: https://www.papermoneyco.com/gof29
Get your FREE Investing Starter Guide: https://www.papermoneyco.com/startinvesting
Time codes:
00:00 Hello and Welcome!
03:36 What Is Opportunity Cost?
08:12 Sponsor - FIRE and Investment Calculator Spreadsheet
10:26 What Does It Mean When Building Wealth?
13:03 More Than Just Financial Cost
19:18 Next Weeks’ Episode
Remember to:
Join our exclusive community by becoming a Patron: https://www.patreon.com/girlonfirepodcast
🤩 Subscribe so you don’t miss any future episodes.
🏆 Rate and review the show on Apple Podcasts: https://www.papermoneyco.com/podcastreview
Podcast reviews are crazy important to the iTunes algorithm. The more reviews we receive, the more likely we’ll be able to get this podcast in front of more people and grow the PMC Squad!
💖 I'd be super grateful for your help in making financial education available to everyone.
The advice shared on Girl on FIRE is general in nature and does not constitute financial advice. The information shared does not consider your individual circumstances. Girl on FIRE exists purely for educational purposes and should not be relied upon to make an investment or financial decision.
61 episodes
Manage episode 298300213 series 2955734
🎙 This episode has the power to change your life. Once you learn this, you can’t unlearn it and you’ll be seeing it everywhere. In this episode, I talk about opportunity cost and what that means for your finances. But I also talk about how it reflects what your freedom is worth. The financial choices you make have more than just a financial impact. And I’m not just talking about your carbon footprint. 🤔
This episode discusses topics like:
🌟 What opportunity cost means and why it’s a fundamental concept of modern economics;
🌟 How to see the opportunity cost in all your financial (and personal) decisions; and
🌟 What the true cost of retirement is — what is your freedom really worth?
Links from this episode:
Episode transcript and show notes: https://www.papermoneyco.com/gof29
Get your FREE Investing Starter Guide: https://www.papermoneyco.com/startinvesting
Time codes:
00:00 Hello and Welcome!
03:36 What Is Opportunity Cost?
08:12 Sponsor - FIRE and Investment Calculator Spreadsheet
10:26 What Does It Mean When Building Wealth?
13:03 More Than Just Financial Cost
19:18 Next Weeks’ Episode
Remember to:
Join our exclusive community by becoming a Patron: https://www.patreon.com/girlonfirepodcast
🤩 Subscribe so you don’t miss any future episodes.
🏆 Rate and review the show on Apple Podcasts: https://www.papermoneyco.com/podcastreview
Podcast reviews are crazy important to the iTunes algorithm. The more reviews we receive, the more likely we’ll be able to get this podcast in front of more people and grow the PMC Squad!
💖 I'd be super grateful for your help in making financial education available to everyone.
The advice shared on Girl on FIRE is general in nature and does not constitute financial advice. The information shared does not consider your individual circumstances. Girl on FIRE exists purely for educational purposes and should not be relied upon to make an investment or financial decision.
61 episodes
All episodes
×Welcome to Player FM!
Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.