2236: The Worst Money Advice I’ve Ever Heard by Michelle Schroeder-Gardner

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Business, Education, Self-improvement

4.4 • 1.3K Ratings

🗓️ 13 March 2023

⏱️ 9 minutes

🔗️ Recording | iTunes | RSS

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Summary

Michelle Schroeder-Gardner of Making Sense of Cents shares the worst money advice she's ever heard Episode 2236: The Worst Money Advice I’ve Ever Heard by Michelle Schroeder-Gardner Michelle Schroeder-Gardner created Making Sense of Cents in order to help improve her own finances. With diligence, she was able to pay off $38,000 in student debt in 7 months, kept track of progress, and helped readers along the way. She's currently touring North America and living out of an RV. You can learn more about her and see her monthly income reports at MakingSenseOfCents.com. The original post is located here: https://www.makingsenseofcents.com/2014/08/the-worst-money-advice-ive-ever-heard.html 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

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0:00.0	This episode is brought to you by Shopify.
0:03.0	That's what I hear when I make another sale on Shopify.
0:07.0	The all-in-one commerce platform that allows you to start, run and grow your business.
0:12.0	Shopify is revolutionising millions of businesses worldwide.
0:17.0	So sign up for a £1 per month trial period at Shopify.co.uk
0:23.0	Cash podcast 23 all lowercase and take your business to the next level today.
0:30.0	This is Optimal Finance Daily episode 2236.
0:34.0	The worst money advice I've ever heard by Michelle Schroeder Gardner of making sense of sense.com.
0:40.0	And I'm your host and personal finance enthusiast Diana Mariam.
0:44.0	Thanks so much for joining today as we get ready to share another article that can help you optimize your finances.
0:51.0	Just like we do each and every day, rain or shine.
0:54.0	So with that, let's get right to it as we optimize your life.
1:02.0	The worst money advice I've ever heard by Michelle Schroeder Gardner of making sense of sense.com.
1:09.0	As a personal finance blogger, I get asked many personal finance questions.
1:14.0	Before I respond, I usually ask what they think they should do.
1:18.0	One of the first things I usually hear is advice they were given by someone else.
1:23.0	Sometimes the advice is great, but other times I can't help but cringe and then I have to try my best not to let my jaw hit the ground.
1:31.0	I really wish I made up the following advice, but sadly they're all true.
1:36.0	Some I heard firsthand and some I heard from others asking me if the advice was something they should follow.
1:42.0	Following is the worst money advice I've ever heard.
1:46.0	Number one, you don't need to save money when you're young.
1:50.0	I am all about living life and enjoying yourself.
	...

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