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Optimal Finance Daily - Financial Independence and Money Advice

1644: [Part 2] Earn Like A Boss Spend Like An Intern by Chris of Keep Thrifty on Managing Your Finances The Right Way

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Business, Education, Self-improvement

4.41.3K Ratings

🗓️ 9 September 2021

⏱️ 9 minutes

🧾️ Download transcript

Summary

Chris of Keep Thrifty encourages you to earn like a boss, but spend like an intern. This is part 2 of 2. Episode 1644: [Part 2] Earn Like A Boss Spend Like An Intern by Chris of Keep Thrifty on Managing Your Finances The Right Way Chris and Jaime live in the suburbs of Madison, WI with their three daughters. While living the typical suburban life, they are challenging the norms by living outside the box and creating the freedom they desire. At Keep Thrifty, they share their journey and bring you inspiration and tools to help you create your freedom. They’ve got articles and success stories to help inspire you to think differently about your dreams and your finances. They’ve also created a money tracking app to help you take control of your finances and make those dreams a reality. The original post is located here: https://www.keepthrifty.com/earn-like-a-boss-spend-like-an-intern/ 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 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 1644, or in like a boss, spend like an intern,

0:06.7

Part 2, by Chris of Keepthrifty.com. And I'm your host and personal finance enthusiast,

0:13.6

Diana Mariam. This is the show where I narrate posts from thought leaders and personal

0:18.2

finance every single day of the year, in 10 minutes or less. And before we get to it,

0:23.2

I wanted to make sure that you know that we have a weekly newsletter sharing tips, tricks,

0:28.3

advice, inspirational quotes, and more. It's a great way to show your support and totally free.

0:34.4

Just enter your email address at oldpodcast.com to join.

0:39.0

Today's post is actually a continuation from yesterday. So if you're new here,

0:43.4

it'd be best to listen to yesterday's episode first, and that's episode 1643. But if you're all

0:49.2

caught up, let's hear Part 2 and continue optimizing your life.

0:57.2

Earn Like a Boss, Spend Like an Intern, Part 2, by Chris of Keepthrifty.com.

1:04.5

I had an eight-month internship during my time in college and it was a great experience.

1:09.5

Beyond all the benefits of building my career, one of the best things that came out of it was

1:14.1

the financial environment. I was making pretty good money. Better than any hourly job I'd had

1:20.3

in high school or over summer break. But even though the money was coming in, I was still living on

1:26.1

campus in the same environment I'd been in while I was getting my degree. I hung out with the same

1:31.5

friends, did the same activities, and lived roughly the same lifestyle. By spending, like I was

1:37.5

still a student, I ended up patting my bank accounts quite a bit during those eight months.

1:43.1

It didn't really hit me until years later what the important lesson was here, but it's an

1:48.5

eye-opener. Number one, you're spending can and should be independent of your income.

1:56.7

It's that simple. The fact that someone makes $100,000 doesn't mean they need to spend like they

2:01.8

make $100,000. Some people in this situation spend like they make $200,000. Others spend like they

...

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