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Optimal Finance Daily - Financial Independence and Money Advice

2386: The Paradox of Money by Mr. 1500 for Budgets Are Sexy on Money and Priorities

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Business, Education, Investing, Self-improvement

4.51.3K Ratings

🗓️ 23 July 2023

⏱️ 8 minutes

🧾️ Download transcript

Summary

Mr. 1500 of Budgets Are Sexy talks about the paradox of money. Episode 2386: The Paradox of Money by Mr. 1500 for Budgets Are Sexy on Money and Priorities J. Money is a 6’1, hyperactive, rock a ‘hawk who loves drinking beer, blaring hip-hop, talking about money, and now playing with his two adorable baby boys. He tracked his expenses for 3 months, made a budget, read some books, and stumbled into personal finance blogging and idea sharing, randomly turning BudgetsAreSexy.com into his full time “real job” a few short years later--14 million views later! The original post is located here: https://www.budgetsaresexy.com/paradox-of-money/  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 2386, the paradox of money by Mr. 1500 with

0:07.9

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

0:14.3

Welcome back to Optimal Finance Daily, where every day I read and offer commentary on

0:19.1

some of the best personal finance blogs on the web in about 10 minutes or less.

0:23.9

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

0:31.6

The paradox of money by Mr. 1500 with budgetsorsexy.com

0:38.4

Quote, I really like my life.

0:41.0

I have arranged my life so that I can do what I want.

0:44.7

Warren Buffett.

0:45.7

I'm a big fan of Warren Buffett, but not for the reason you may think.

0:51.4

While Warren is an investing genius, there are plenty of others who have also figured

0:55.4

out how to build vast wealth.

0:57.9

The trait that makes him really great is that he's a genuinely good person with plans

1:02.6

to give almost all of his billions away to charity.

1:05.9

And he's frugal too, living in the same home for most of his life.

1:10.1

And I love listening to Warren's folksy wisdom in person every spring.

1:14.6

If you're a shareholder of Warren's company, Berkshire Hathaway, you have the opportunity

1:19.7

to attend the company's annual meeting.

1:22.5

The big party takes place in Omaha and is informally called the Woodstock of Capitalism.

1:28.4

It's a fun event where folks from all over the world ask Warren anything they want during

1:32.4

the question and answer session.

1:34.3

My wife even asked Warren a question about real estate at the 2016 meeting.

...

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