2913: This Money Belief Is What Keeps Many People In Debt by Kelley Long of Financial Finesse

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Self-improvement, Education, Business

4.5 • 1.3K Ratings

🗓️ 26 October 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 2913: Kelley Long explores how a common money belief spending based on what you can afford instead of what you truly need can keep people in debt. She highlights how small, seemingly insignificant decisions, like choosing convenience over saving money, reflect a mindset that often leads to financial struggle, regardless of income. Her personal journey from paycheck-to-paycheck living to financial stability shows the power of shifting one's approach to spending and saving. Read along with the original article(s) here: https://www.financialfinesse.com/2018/11/06/this-money-belief-is-what-keeps-many-people-in-debt/ Quotes to ponder: "Every dollar I don’t spend today is a dollar that can help me stop working sooner." "Spending according to what you need. It’s a mindset." "Just because you can squeeze $450/month out of your budget in order to make a car payment doesn’t mean you need that nice of a car." Learn more about your ad choices. Visit megaphone.fm/adchoices

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1:00.0	This is optimal finance daily. This money belief is what keeps many people in debt by Kelly Long of Financial
1:08.4	finesse.com and I'm your host and personal finance enthusiast, Diana Merriam.
1:14.0	Now let's get right to today's post and start optimizing your life.
1:19.0	This money belief is what keeps many people in debt by Kelly Long of Financial
1:27.6	finesse.com. One of the most interesting things I've learned from having the opportunity to discuss money with people from all walks of life is how much of an effect that our deep-seated money beliefs have on our financial outcomes.
1:43.7	One of these beliefs is how we perceive whether or not
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