2569: Stop Using These 6 Ridiculous Excuses For Not Saving Money by Michelle Schroeder-Gardner of Making Sense of Cents on Financial Health

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Self-improvement, Education, Business

4.5 • 1.3K Ratings

🗓️ 30 December 2023

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

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Summary

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2569: Michelle Schroeder-Gardner's article debunks six common excuses that hinder effective savings, emphasizing the importance of overcoming psychological barriers to financial health. She illustrates how changing beliefs and attitudes toward money can significantly improve one's financial situation. Read along with the original article(s) here: https://www.makingsenseofcents.com/2015/05/stop-using-these-excuses-for-not-saving-money.html Quotes to ponder: "The truth is that you can still live a great life AND save money." "Saving something is better than saving nothing." "If others are doing better financially, they are merely showing you what is also possible for you." Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This episode is brought to you by Oracle. AI may be important, but it needs a lot of processing speed, and that gets expensive fast.
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0:27.5	Oracle.com slash enhance.
0:30.6	This is optimal finance, episode 2569.
0:34.0	Stop using these six ridiculous excuses for not saving money,
0:38.0	by Michelle Schroeder Gardner of Making Sense of Making Sense of Sense.com.
0:42.0	And I'm your host and personal finance in the Gardner of Making Sense of Sense.com.
0:43.0	And I'm your host and personal finance enthusiasts, Diana Merriam.
0:47.0	Welcome back to Optimal Finance Daily, where I'm here with you each and every day,
0:52.0	reading from some of the world's best personal
0:54.0	finance blogs. So with that let's get right to today's article and start
0:58.6	optimizing your life. Stop using these six ridiculous excuses for not saving money by
1:09.0	Michelle Schroeder of Making Sense of Sense.com.
1:13.0	The other day I was reading a personal finance article on a major website.
1:18.0	I enjoyed the article but I made the mistake of scrolling down to the comments to see what people had to say.
1:24.0	After blogging about personal finance for almost four years, I wasn't very shocked.
1:29.0	90% of the comments were very negative.
1:32.0	People were saying that anyone who saves money
1:34.8	must hate their life. They must lead a boring life and so on. This is also sad to read, as many
1:41.7	people don't save anywhere near the amount they should be saving.
1:46.0	68% live paycheck to paycheck.
	...

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