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Optimal Finance Daily - Financial Independence and Money Advice

1828: [Part 1] 3 Habits That Are Costing You Hundreds of Thousands by Nick True of Mapped Out Money on Saving Cash

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Self-improvement, Education, Business

4.51.3K Ratings

🗓️ 12 March 2022

⏱️ 10 minutes

🧾️ Download transcript

Summary

Nick True of Mapped Out Money reminds us of three habits that are costing us hundreds of thousands of dollars. This is part 1 of 2. Episode 1828: [Part 1] 3 Habits That Are Costing You Hundreds of Thousands by Nick True of Mapped Out Money on Saving Cash Nick True is the founder of Mapped Out Money, where he helps you get a grip on your finances and take hold of freedom. His goal is to help you save more, live more, reduce debt, and get free. Mapped Out Money is for you if you want actionable steps to help get control of your money, you want to be free from money stress, you're ready to change your life and use money to support your dreams, and you don't want to settle for mediocrity. The original post is located here: https://mappedoutmoney.com/3-habits-that-are-costing-you-hundreds-of-thousands/ 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 1828.

0:04.4

Three habits that are costing you hundreds of thousands, Part 1,

0:08.6

by Nick True of MappedOutMoney.com,

0:11.6

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

0:16.4

For now, let's get right into today's post

0:18.9

and continue optimizing your life.

0:25.2

Three habits that are costing you hundreds of thousands, Part 1,

0:29.4

by Nick True of MappedOutMoney.com.

0:33.4

We all have habits that we do daily or even weekly that cost us money.

0:37.9

Most of the time, they're really little, like a cup of coffee or eating out for lunch,

0:42.4

but just how much do these innocent purchases cost us over time?

0:47.0

Let's take a look into three everyday habits that sometimes can turn into

0:51.1

much bigger monsters than we could ever imagine.

0:54.5

Little habits turn into big costs.

0:57.6

This is super important.

0:59.4

What seems like only a small amount of money at the time

1:02.4

turns into a huge chunk of cash once that small purchase becomes a habit.

1:07.2

The problem is that when we only do it once a day or even every other day,

1:11.6

we don't think about it adding up.

1:13.9

If you don't track your spending, it really goes by unnoticed,

1:17.1

because these small habits are typically only a few dollars at a time.

1:21.4

A lot of people think that when it comes to spending,

...

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