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Optimal Finance Daily - Financial Independence and Money Advice

1930: [Part 2] Inflation in 2022, the Rule of 72, and What to Do by Leif of Physician on Fire

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Business, Education, Self-improvement

4.41.3K Ratings

🗓️ 19 June 2022

⏱️ 11 minutes

🧾️ Download transcript

Summary

Leif of Physician on Fire talks about inflation and the "Rule of 72". This is part 2 of 2 Episode 1930: [Part 2] Inflation in 2022, the Rule of 72, and What to Do by Leif of Physician on Fire 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/inflation-in-2022/ 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

Okay, so I've changed my break pads, I've replaced a wiper blade and topped up your screen wash.

0:04.4

Anything else you want me to look at?

0:05.6

Yeah, my washer dryer only works on a short cycle.

0:08.7

I've got it in the boot.

0:09.8

Like getting your money's worth, introducing but Donald's saver meal deals.

0:13.1

Get a cheeseburger or a mayo chicken, medium fries and drink for just $3.99.

0:18.2

From 11 a.m., not available on delivery.

0:20.9

Are you ready for a Monzo Business Bank account?

0:23.3

Mike from Blue Water Plumbing was.

0:25.2

He needs to get paid quickly,

0:26.4

especially when I have five or six plumbing jobs in a day.

0:28.6

When I first used the payment link feature in my Monzo Business account,

0:31.5

I was impressed how quick and easy it was.

0:33.0

At the end of each job, I'll just create a payment link,

0:35.4

send it to the customer and get paid then and there.

0:37.8

I can also track all of my payments to my get paid tab.

0:40.8

If you're ready for a Monzo Business account, apply today.

0:43.6

Just search Monzo Business, tease and seize apply.

0:46.3

Only sole traders or limited company directors in the UK can apply.

0:50.1

This is Optimal Finance Daily, episode 1930.

0:54.0

Inflation in 2022,

0:56.4

the rule of 72 and what to do, part two,

...

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