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Optimal Finance Daily - Financial Independence and Money Advice

2378: Is Your Relationship with Money Broken By The Finance Twins on Being Rich versus Being Wealthy

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Business, Investing, Education, Self-improvement

4.441 Ratings

🗓️ 16 July 2023

⏱️ 9 minutes

🧾️ Download transcript

Summary

The Finance Twins wonder if your relationship with money is broken. Episode 2378: Is Your Relationship with Money Broken By The Finance Twins on Being Rich versus Being Wealthy Camilo and Francisco Maldonado are the Finance Twins. Most people think money is confusing unless you are an accountant. We used to think that too. After working incredibly hard and catching several lucky breaks, we realized so many people are looking for ways to learn about personal finance, how to manage money, and how to get out of crippling debt. They have tons of tools and resources as well as countless articles that have everything you need to start your path to financial freedom. The original post is located here: https://thefinancetwins.com/our-relationship-with-money-is-broken/ 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 2378, is your relationship with money broken by

0:06.7

the Finance Twins of thefinancetwins.com.

0:10.3

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

0:14.5

Welcome back to the podcast where I share and offer commentary on some of the best personal

0:19.0

finance blogs on the web, and about 10 minutes or less.

0:22.6

So with that, let's get right to it as we optimize your life.

0:30.1

Is your relationship with money broken by the Finance Twins of thefinancetwins.com?

0:36.9

When did Americans relationship with money break?

0:40.2

Why did saving become the enemy?

0:42.8

When the topic of saving money comes up, it seems to have a negative connotation.

0:47.6

You've probably noticed that it goes something like this.

0:50.7

I'd love to save, but I just can't afford to.

0:53.8

Instead of something positive like, I know how important it is to save for my future,

0:58.5

so I'm willing to make some sacrifices.

1:01.6

We've all had that negative voice inside our headsay, wow, they drive such an old beat-up

1:06.5

car.

1:07.5

In reality, though, what's wrong with driving an old car?

1:10.7

We would argue that living within your means is admirable.

1:14.5

Many of us don't even realize there's a difference between being rich and wealthy.

1:19.8

Most of us would agree that being financially independent is an incredibly powerful achievement

1:24.0

and a dream for most Americans.

1:26.6

One huge benefit of saving and living within your means is eventually being able to

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