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Optimal Finance Daily - Financial Independence and Money Advice

2933: Investing by Steve Pavlina on Creating Positive Social Impacts

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Self-improvement, Education, Business, Investing

4.51.3K Ratings

🗓️ 12 November 2024

⏱️ 11 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 2933: Investing isn’t just about profit; Steve Pavlina emphasizes the importance of aligning investments with personal values to avoid self-sabotage and create positive social impacts. He suggests focusing on growth-inducing investments in personal development and businesses you control, rather than purely profit-driven options, for a more fulfilling financial journey. Read along with the original article(s) here: https://stevepavlina.com/blog/2012/07/investing/ Quotes to ponder: "Where you invest your money, time, and energy will impact how you feel about yourself as well as how you influence the overall economy." "Investing in personal growth means paying for growth-inducing experiences like books, audio programs, courses, seminars, coaching, training, travel, and more anything that helps you grow." "You’ll find it much easier to invest in alignment with your values since you won’t be fighting a part of yourself." Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Using my Berkeley Card Forward Credit Card to pay for the stuff I need now

0:03.2

could help build up my credit school for the day I need something bigger.

0:06.5

So buying a set of headphones, or waits for my workout, smashed it.

0:11.4

Could help in the future when I want to rent my first flat share.

0:15.4

Now that's forward thinking. Check if you're eligible at barclaycard.cote.

0:20.4

33.9% APR representative variables subject

0:23.2

to application financial circumstances and borrowing history, T's and Cs apply. Responsible use

0:27.5

of a credit card can help build your credit score when you pay on time. This episode is brought

0:31.6

to you by Shopify. Looking to start a side hustle or become your own boss? Do it with Shopify.

0:37.0

Whether you're selling succulence or stilettos,

0:39.3

Shopify has the industry leading tools to help you create, control and grow your own business.

0:43.9

So get serious about selling and get Shopify today.

0:47.0

Sign up for a £1 per month trial period at Shopify.com.

0:50.7

Or lowercase.

0:53.2

That's Shopify.coteeek slash special offer or lowercase. That's Shopify.com.com. This is Optimal Finance Daily.

1:00.3

Investing by Steve Pavlina of stevepavlina.com. A way to earn passive income is through investing.

1:09.9

I've mentioned real estate investing before,

1:12.7

but of course you can also generate income

1:15.0

from many other types of investments,

1:17.2

such as owning stock in a company or earning interest

1:20.4

with a certificate of deposit.

1:22.7

Investments can pay off with interest, dividends,

...

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