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Optimal Finance Daily - Financial Independence and Money Advice

1844: Why Investing in Things Producing Things Produces Financial Freedom by Chris Reining on Smart Investments

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Self-improvement, Education, Business

4.51.3K Ratings

🗓️ 28 March 2022

⏱️ 10 minutes

🧾️ Download transcript

Summary

Chris Reining talks about the value of investing in things that produce other things Episode 1844: Why Investing in Things Producing Things Produces Financial Freedom by Chris Reining on Smart Investments Chris Reining is a thirty-something guy who provides resources to help manage your money and career to become financially free. His own path to financial freedom has had ups and downs, which is what he writes about on his site. He's been featured in the New York Times, on the Today Show, CNN, CBS, Business Insider, LifeHacker, and more. The original post is located here: https://chrisreining.com/things-producing-things/   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 1844, why investing in things, producing things,

0:07.7

produces financial freedom, by Chris Rining of ChrisRining.com.

0:13.5

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

0:18.0

This podcast is actually one of multiple shows in our network, covering different topics like

0:23.6

personal development, health, and relationships. So if you like narration style podcasts,

0:30.0

be sure to search for Optimal Living Daily wherever you're hearing this and check out our other

0:35.1

shows. But for now, let's get right to today's post as we optimize your life.

0:45.4

Why investing in things, producing things, produces financial freedom, by Chris Rining of ChrisRining.com.

0:54.8

Years ago, a coworker casually mentioned to me the only reason she showed up for work was that

1:01.6

all her friends were there. I asked, so what happens when you retire? It caused some nervous

1:08.1

laughter and then we went about our day. Just a few weeks later, the company let her go.

1:14.0

Don't think after putting in 20 plus years you're not disposable. She emailed me a month later,

1:20.4

asking if I knew of any positions in our field. You could sense she was desperate for money.

1:26.8

This causes you to pause and think, what kind of life is this? Taking orders from people,

1:32.6

dealing with office politics, worrying about getting laid off or fired, and then begging someone to

1:38.8

please hire you one more time. Plus, there's mountains of evidence that many workers find their

1:45.2

jobs completely meaningless and unfulfilling. At some point you might realize there's no

1:51.0

amount of money that changes the fact that you're wasting your time. Could the answer be as simple

1:57.7

as what Benjamin Franklin once said? Quote, remember that money is of a prolific generating nature.

2:05.6

Money can be get money and its offspring can be get more. End quote.

2:11.7

Instead of endlessly working for money, you can have your money work for you.

2:17.1

Well, that's what investing is. While it can mean many different things, what it always means

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