1626: [Part 2] Save Money Where It Matters Most by Corey of The Fioneers on Reducing Your Household Expenses

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Business, Education, Self-improvement

4.4 • 1.3K Ratings

🗓️ 22 August 2021

⏱️ 11 minutes

🔗️ Recording | iTunes | RSS

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Summary

Corey of The Fioneers talk about how to save money where it matters most. This is part 2 of 2. Episode 1626: [Part 2] Save Money Where It Matters Most by Corey of The Fioneers on Reducing Your Household Expenses Jess and Corey started The Pioneers as a way to track their journey to financial independence. If there’s anything they have learned so far, it’s that Financial independence has many definitions. They choose to think of financial independence as: The point at which their assets produce enough sustainable income to cover their living expenses. This is not just about the money, but more importantly, about the freedom that comes with it. The name “The Fioneers” comes from a combination of: Financial Independence (FI) + Pioneers. They think the name fits well with their deep-rooted love of adventure. It’s also a constant reminder to enjoy the journey. The original post is located here: https://thefioneers.com/reduce-household-expenses/ Gusto offers modern, easy payroll and benefits to small businesses across the country. Get in touch now and get three months free when you run your first payroll. Just go to gusto.com/ofd. Please Rate & Review the Show! Visit Me Online at OLDPodcast.com and in The O.L.D. Facebook Group Join the Ol' Family to get your Free Gifts and join our online community: OLDPodcast.com/group 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 1626.
0:04.0	Save money where it matters most, part 2, by Corey of TheFineers.com.
0:09.4	And I'm your host and personal finance enthusiast, Diana Mariam.
0:13.6	This is the show where I serenade you with the sweet sounds of personal finance knowledge
0:18.1	from some of the best blogs on the planet.
0:20.5	With the author's permission, of course, are you loving Optimal Finance Daily?
0:25.0	Why not share with a friend today?
0:26.8	Invite them to join the party by sending them a link to oldpodcast.com.
0:32.7	Today's post is actually a continuation from yesterday.
0:36.0	So if you're new here, it'd be best to listen to yesterday's episode first.
0:40.0	But if you're all caught up, let's hear part 2 and continue optimizing your life.
0:48.5	Save money where it matters most, part 2, by Corey of TheFineers.com.
0:54.0	2. Seek balance by prioritizing your focus on savings.
1:04.4	The second reason to focus on these three big expense categories is that it helps you find and
1:09.4	maintain a balanced lifestyle. When you prioritize the biggest three categories,
1:14.5	you can use your mental energy to focus on other pursuits.
1:18.4	The journey to financial independence can be obsessive and addictive.
1:22.8	I know from personal experience, when I first learned of financial independence,
1:26.8	it felt like nothing that I was doing was enough.
1:29.5	I kept looking for new ways to save money and optimize our lifestyle.
1:33.7	I always wanted to save more.
1:35.5	I spent all my free time reading about personal finance.
	...

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