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Optimal Finance Daily - Financial Independence and Money Advice

1070: What is Financial Security? by Michael Mihalik with Get Rich Slowly on How to Become Financially Independent

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Self-improvement, Education, Business

4.51.3K Ratings

🗓️ 13 February 2020

⏱️ 9 minutes

🧾️ Download transcript

Summary

Michael Mihalik with Get Rich Slowly shares his thoughts on financial security. Episode 1070: What is Financial Security? by Michael Mihalik with Get Rich Slowly on How to Become Financially Independent J.D. Roth has been reading and writing about personal finance for a decade. Today he’s financially independent, but ten years ago, his money life was a disaster, with over $35,000 in consumer debt. He started turning everything around in 2004. By being the boss of your own life, you, too, can be the master of your own financial fate. The original post is located here: https://www.getrichslowly.org/what-is-financial-security/ Visit Me Online at OLDPodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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podcast player.

1:00.2

This is Optimal Finance Daily, episode 1070.

1:03.7

What is Financial Security by Michael Mehalek with Get Richslowly.org.

1:08.8

And I'm Dan, I'm your host here on the show and this is where I read to you from some of the very best personal finance

1:13.9

blogs on the planet.

1:15.8

For now let's get right to the post and start optimizing your life. What is financial security by Michael Mehalek with Get Rich Slowly.

1:28.0

Wouldn't it be great to be financially secure to never have to worry about money?

1:34.0

What would it take to get there?

1:35.2

In fact, what exactly is financial security?

1:38.2

Ask 10 people to define how much money it takes to attain financial security,

1:42.3

and you'll probably get 10

1:43.7

different answers. For some people financial security is having 10 million dollars

...

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