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Optimal Finance Daily - Financial Independence and Money Advice

2729: Money is Fungible by Jeremy Jacobson of Go Curry Cracker on Building Wealth & Retirement

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Self-improvement, Education, Business

4.51.3K Ratings

🗓️ 18 May 2024

⏱️ 12 minutes

🧾️ Download transcript

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 2729: Jeremy Jacobson delves into the versatility and everyday impact of money's fungibility in his enlightening article "Money is Fungible." He explores the practical implications of money's interchangeable nature through relatable scenarios ranging from handling coins to managing finances for early retirement. Jacobson's insights help simplify complex financial decisions, reinforcing the principle that every dollar holds the same value. Read along with the original article(s) here: https://www.gocurrycracker.com/money-is-fungible/ Quotes to ponder: "Money is fungible, meaning no dollar is unique or special and they are all fully interchangeable." "A dollar is a dollar if you ignore the social ramifications." "I’d pay off the credit card debt with the emergency fund. Should an emergency arise before replenishing the savings, the zero-balance credit card IS the emergency fund." Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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Until 18th of June 2024, 18 plus, T's and C's apply, exchange fees and fair usage limits

1:08.6

supply.

1:10.6

This is optimal finance daily episode 2729.

1:14.0

Money is fungible by Jeremy Jacobson of go currycracker.com

1:19.5

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

1:24.1

This is the show where I serenage you with the sweet sounds of personal finance knowledge

1:28.4

from some of the best blogs on the planet, with the author's permission of course.

...

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