1169: Saving for Long Term Goals: How to Make Progress (Even with Boring Goals) by Alexa Mason with The College Investor

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Business, Education, Self-improvement

4.4 • 1.3K Ratings

🗓️ 22 May 2020

⏱️ 10 minutes

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Summary

Alexa Mason with The College Investor shares how to make progress even with boring goals. Episode 1169: Saving for Long Term Goals: How to Make Progress (Even with Boring Goals) by Alexa Mason with The College Investor Robert Farrington is a personal finance expert that focuses on helping millennials get out of student loan debt and start investing for their future. He also helps parents make smart choices about college financing options and navigating the complex world of paying for school. He started The College Investor in 2009 as a forum to discuss the myriad of financial issues facing young adults. The original post is located here: https://thecollegeinvestor.com/17299/saving-for-long-term-goals-how-to-make-progress/ Visit Me Online at OLDPodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is Optimal Finance Daily, episode 1169, saving for long-term goals.
0:05.6	How to Make Progress, even with Boring Goals.
0:08.5	By Alexa Mason with The College Investor.com.
0:11.9	And I'm Dan, I am your host and narrator of the show.
0:15.2	I'm here every single day reading to you from some of the best personal finance blogs on the
0:20.0	planet.
0:21.0	And I'm going to keep this Friday intro nice and short for you so let's get right
0:24.9	to it as we start optimizing your life.
0:29.3	Saving for Long-Term goals, how to make progress even with boring goals by
0:36.7	Alexa Mason with the College Investor.com
0:40.4	Long-term goals seem so daunting, don't they?
0:43.0	When you're starting from zero, paying off $30,000 in debt, or if you're saving $500,000 for retirement,
0:50.0	it can seem downright impossible.
0:51.0	And not only that, but some long-term goals,
0:54.0	like saving for retirement or your child's college education,
0:57.2	are just boring.
0:58.3	Tell me I'm not the only one who feels this way.
1:00.8	These goals are important, yes,
1:02.1	but unless you're fast-tracking your way to an early retirement,
1:05.0	putting smaller amounts of money back doesn't leave that feeling of excitement.
1:09.0	This lack of motivation and feeling of overwhelm is probably why it's so hard to gain
1:13.9	momentum. However, if you're aware of the reasons why you have a hard time
	...

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