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Optimal Finance Daily - Financial Independence and Money Advice

1559: You Are Your Own Worst Enemy by JD Roth of Get Rich Slowly on Cutting Back On Unnecessary Expenses

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Business, Education, Self-improvement

4.41.3K Ratings

🗓️ 16 June 2021

⏱️ 10 minutes

🧾️ Download transcript

Summary

J.D. Roth with Get Rich Slowly talks about cutting back on unnecessary expenses Episode 1559: You Are Your Own Worst Enemy by JD Roth of Get Rich Slowly on Cutting Back On Unnecessary Expenses 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/you-are-your-own-worst-enemy/ Visit Me Online at OLDPodcast.com Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This is Optimal Finance Daily, episode 1559.

0:04.0

You are your own worst enemy by JD Roth of getrichslowly.org.

0:09.4

And I'm your host and personal finance enthusiast, Diana Mariam.

0:13.5

This is a show where I read to you from some of the best personal finance blogs on the planet.

0:18.0

Sometimes a little too enthusiastically.

0:20.8

And before we get to it, have you subscribed to our other podcasts?

0:24.7

We cover personal development and minimalism,

0:27.3

health relationships, entrepreneurship and life advice on the other shows.

0:31.9

Just search for Optimal Living Daily wherever you get your podcasts to find them.

0:36.4

But since you're here, let's get right to it and continue optimizing your life.

0:45.1

You are your own worst enemy by JD Roth of getrichslowly.org.

0:51.6

My friend Jillian called the other day.

0:54.0

She's been having money trouble and was looking for help.

0:57.0

I'm not really a financial advisor I told her.

0:59.8

I write about money and I try to help people at my website,

1:02.6

but I'm not qualified to coach you one-on-one.

1:05.4

Still, she's a friend, so I resolve to at least give her some advice.

1:09.6

I asked her to explain the situation.

1:12.4

Tom and I are working all the time, but we're always broke.

1:15.3

He just wrecked his car, but we don't have money to get it repaired.

1:18.4

We'll have to use the credit cards again.

1:20.6

We don't have any other choice.

...

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