3151: The Time Value of Money (or why 25 years of cable TV doesn't cost as much as you think) by Stephen Popick with GRS

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Investing, Business, Education, Self-improvement

4.4 • 1.3K Ratings

🗓️ 22 May 2025

⏱️ 12 minutes

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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 3151: Stephen Popick unpacks the often-misunderstood concept of the time value of money, showing why recurring expenses like cable TV aren’t as costly in today’s dollars as they appear over decades. By factoring in inflation, investment returns, and personal opportunity costs, he makes a compelling case for thoughtful financial planning that balances present needs with future goals. Read along with the original article(s) here: https://www.getrichslowly.org/the-time-value-of-money-or-why-25-years-of-cable-tv-doesnt-cost-as-much-as-you-think/ Quotes to ponder: "The time value of money is a complex term for a simple concept: Any given amount of money is worth more today than the same amount in the future." "Your personal time value of money is very tough to measure on a personal level." "Would I rather have $30,000 today or cable television for the next 25 years? There’s no one right answer." Episode references: Good Debt, Bad Debt: https://www.amazon.com/Good-Debt-Bad-Invest-Smarter/dp/1591840260 The Automatic Millionaire: https://www.amazon.com/Automatic-Millionaire-Powerful-Immediately/dp/0767923820 Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:58.0	at UK forward slash sustainability.
1:00.7	This is Optimal Finance Daily.
1:03.6	The time value of money, or why 25 years of cable TV doesn't cost as much as you think.
1:10.1	By Stephen Poppick with getrichslowly.org.
1:14.3	Just after Christmas, Carl Henley of the Motley Fool
1:18.2	wrote about his cable bill and how much lost investment income that money represented.
1:24.1	As an economist, I was intrigued by the notion and couldn't help but run the numbers. We economists
	...

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