2764: Why Hardcore Saving is Much More Powerful than Masterful Investing by Mr Money Mustache on Frugality

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Self-improvement, Education, Business

4.5 • 1.3K Ratings

🗓️ 17 June 2024

⏱️ 11 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 2764: Mr. Money Mustache explains why focusing on hardcore saving can be more impactful than striving for masterful investing. He emphasizes that while achieving exceptional investment returns is rare and unpredictable, consistently saving a significant portion of your income guarantees substantial financial growth and security. Read along with the original article(s) here: https://www.mrmoneymustache.com/2011/04/26/why-hardcore-saving-is-much-more-powerful-than-masterful-investing/ Quotes to ponder: "By concentrating on SAVING rather than minute details of investing, you are stacking the odds in your favor while also freeing up time for the real deal - maximizing your fun in a cash-efficient way." "When it comes to investing, I’ve put a much bigger focus on how much I’m investing rather than the return on those investments." Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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1:05.0	This is Optimal Finance Daily, episode 2764.
1:11.0	Why Hardcore Saving is much more powerful than masterful investing by Mr Money
1:17.0	Mustache of Mr Money Mustache.com.
1:20.1	And I'm your host and personal finance enthusiast, Diana Merriam.
1:24.4	This is a show where I read to you and to myself, frankly,
	...

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