|
Description:
|
|
In this episode, we share the financial lessons that have been game-changers and helped us on the road to Financial Independence and building better lives.
More specifically, we discuss: - The wealth illusion, debt and 'misleading millionaires'
- What really causes lottery winners to end up broke
- Why spending and happiness don't always line up how we expect
- Personal stories from our early days learning about money and investing
- How each of these lessons form the foundation of a wealthy life
- Pat's rant on irrational homebuyers!
- The unmatched power of saving
- Wrapping our heads around compound interest
- How people are controlled by money, rather than the other way round
- Why your spending dictates your level of freedom
Stuff mentioned in the show...
Book: The Millionaire Next Door, by Thomas J. Stanley & William D. Danko
Compound Interest Calculator: MoneySmart
Early Retirement Calculator: Networthify
More from us...
FIRE & Chill YouTube channel
Dave's blog: Strong Money Australia
Pat's blog: Life Long Shuffle
|