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2764: Why Hardcore Saving is Much More Powerful than Masterful Investing by Mr Money Mustache on Frugality

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Manage episode 424036896 series 126194
Content provided by Optimal Living Daily LLC and Optimal Living Daily | Diania Merriam. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Optimal Living Daily LLC and Optimal Living Daily | Diania Merriam or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com.

Episode 2764:

Mr. Money Mustache explains why focusing on hardcore saving can be more impactful than striving for masterful investing. He emphasizes that while achieving exceptional investment returns is rare and unpredictable, consistently saving a significant portion of your income guarantees substantial financial growth and security.

Read along with the original article(s) here: https://www.mrmoneymustache.com/2011/04/26/why-hardcore-saving-is-much-more-powerful-than-masterful-investing/

Quotes to ponder:

"By concentrating on SAVING rather than minute details of investing, you are stacking the odds in your favor while also freeing up time for the real deal - maximizing your fun in a cash-efficient way."

"When it comes to investing, I’ve put a much bigger focus on how much I’m investing rather than the return on those investments."

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

3457 episodes

Artwork
iconShare
 
Manage episode 424036896 series 126194
Content provided by Optimal Living Daily LLC and Optimal Living Daily | Diania Merriam. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Optimal Living Daily LLC and Optimal Living Daily | Diania Merriam or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com.

Episode 2764:

Mr. Money Mustache explains why focusing on hardcore saving can be more impactful than striving for masterful investing. He emphasizes that while achieving exceptional investment returns is rare and unpredictable, consistently saving a significant portion of your income guarantees substantial financial growth and security.

Read along with the original article(s) here: https://www.mrmoneymustache.com/2011/04/26/why-hardcore-saving-is-much-more-powerful-than-masterful-investing/

Quotes to ponder:

"By concentrating on SAVING rather than minute details of investing, you are stacking the odds in your favor while also freeing up time for the real deal - maximizing your fun in a cash-efficient way."

"When it comes to investing, I’ve put a much bigger focus on how much I’m investing rather than the return on those investments."

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

3457 episodes

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