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Optimal Finance Daily - Financial Independence and Money Advice

1779: [Part 1] Spend Less - Live More by Leif of Physician On Fire on Intentional Spending & Living

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Business, Education, Self-improvement

4.41.3K Ratings

🗓️ 22 January 2022

⏱️ 9 minutes

🧾️ Download transcript

Summary

Leif of Physician on Fire helps you spend less and live more. This is part 1 of 2 Episode 1779: [Part 1] Spend Less - Live More by Leif of Physician On Fire on Intentional Spending & Living Leif is a former anesthesiologist, a family man, and a supposed outdoors enthusiast who spends way too much time indoors. Physician on FIRE is a personal finance website he created to inform and inspire both physicians and our patients with insightful writing from a physician who has attained financial independence and the ability to retire early. The site has a triple aim to leave visitors enlightened, educated, and entertained. The original post is located here: https://www.physicianonfire.com/spend-less-live-more/ Gusto is an easy, online payroll and benefits service built for modern small businesses — one place to pay and take care of your hardworking team. Get three months free when you run your first payroll by visiting Gusto.com/ofd 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 1779.

0:04.7

Spend less, live more, part one, by life, a physician on fire.com.

0:11.7

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

0:16.4

I have a new author for you today.

0:19.1

I'll tell you more about life right after the reading.

0:22.4

And it's a bit of a longer post, so I'll read the first half today

0:27.0

and then finish the rest for you tomorrow.

0:29.8

So with that, let's dive into the first half and start optimizing your life.

0:39.4

Spend less, live more, part one, by life, a physician on fire.com.

0:47.3

Spend less, live more.

0:49.9

Are these commands compatible or does one suggestion negate the other?

0:55.2

Alexander Hamilton was famously taught to talk less and smile more.

1:00.9

It worked for him.

1:02.5

I think my ideas could work for you.

1:05.5

The yolo, or you only live once crowd, mistakenly equates spending to living

1:12.7

and living to spending as if they were one and the same.

1:17.6

I'm here to tell you that they're not the same at all.

1:20.7

When you dial down the spending, you'll be able to live more.

1:24.9

It's true that you only live once and you want to make the most of the one life you've

1:30.3

been granted.

1:31.7

That's all the more reason to spend wisely and get the most for your hard-earned

1:37.6

dollars, allowing for time freedom all the more quickly.

...

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