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Optimal Finance Daily - Financial Independence and Money Advice

1064: Prioritize Your Budget for Success by Mike Ballew of Egg Stack on How To Save Enough Money for Retirement

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Self-improvement, Education, Business, Investing

4.51.3K Ratings

🗓️ 7 February 2020

⏱️ 10 minutes

🧾️ Download transcript

Summary

Mike Ballew of Eggstack on prioritizing your budget for success. Episode 1064: Prioritize Your Budget for Success by Mike Ballew of Egg Stack on How To Save Enough Money for Retirement Mike Ballew is a 56-year-old engineer turned blogger who reached a point in life where he sees things more clearly than ever before. He faced financial challenges and overcame them through hard work and determination. His blog helps others navigate their personal finances and plan for retirement. The original post is located here: https://eggstack.com/blog/2020-01-19-Prioritize-Your-Budget-for-Success/ Visit Me Online at OLDPodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Have you ever had an instant connection with someone? You see them and you just know.

0:04.6

Butterflies in your stomach, wedding bells ringing, the whole enchilada.

0:08.8

It's more than just compatibility. It's a special connection.

0:13.2

They're the one.

0:14.4

The yin to your yang, the ketchup to your chips, the gravy to your Sunday roast.

0:18.9

The Samsung Galaxy Buds FE to your Samsung phone. New Galaxy Bud's FE, the perfect match for your

0:26.4

phone. Discover in store and online at Curries.

0:30.4

This is optimal Finance Daily, episode 1064,

0:34.0

Prioritize your budget for success

0:36.0

by Mike Ballou of Eggstack.com.

0:39.0

And hello again everybody,

0:41.0

I am Dan, I'm your host here at optimal finance daily and this is where I read to you

0:44.8

from some of the best personal finance blogs on the planet for now let's get right to the

0:49.5

post and start optimizing your life.

1:02.0

Prioritize your budget for success by Mike Ballou of Eggstack.com. Whether consciously or not, we all set priorities based on our values.

1:07.0

Someone who values family over achievement will assign a low priority to working late to complete an assignment. Similarly, our spending habits

1:14.4

reflect our values regarding personal finance. In this installment of Eggstack

1:18.8

we look at how to prioritize your budget for success. First, we need to define success. Is it making ends meet?

1:25.7

Is it paying our bills on time? What about setting some money aside for emergencies and

1:30.3

retirement? Everyone needs an emergency fund to deal with life's little surprises.

1:35.2

Without it, you'll be asking your family for help or getting out your credit card.

1:39.2

Relying on credit for unexpected expenses can snowball into a serious debt problem.

...

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