3761: How Misplaced Financial Priorities Lead to Lame Excuses by Len Penzo on Overcoming Money Mistakes

Optimal Living Daily - Personal Development and Self-Improvement

Optimal Living Daily LLC

Education, Mental Health, Self-improvement, Health & Fitness

4.6 • 3.2K Ratings

🗓️ 5 October 2025

⏱️ 9 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 3761: Len Penzo challenges the everyday excuses people make for poor money management, showing how misplaced priorities often lead to financial struggles. Through relatable examples, he highlights the importance of aligning spending with true needs rather than justifying bad habits. Listeners will gain clarity on how to spot these patterns and shift toward more intentional financial choices. Read along with the original article(s) here: https://lenpenzo.com/blog/id1591-how-misplaced-priorities-lead-to-lame-financial-excuses-3.html Quotes to ponder: "Too many people claim they can't afford to save for retirement, but they somehow always manage to find money for cable TV and other non-essentials." "Misplaced priorities are almost always the root cause behind lame financial excuses." "People who constantly complain about their lack of money often have nobody to blame but themselves." Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is Optimal Living Daily, how misplaced financial priorities lead to lame excuses by
0:07.8	Len Penzo of Len Penzo.com, and I'm Justin Mollick. Welcome back to our usual Sunday bonus episode,
0:14.6	where I share an episode from one of the other podcasts in the Optimal Living Daily network,
0:19.2	usually overlapping with the kinds of themes that come up here.
0:22.7	In today's episode, comes from Optimal Finance Daily. You can follow or subscribe to that show
0:28.0	wherever you're hearing this if you enjoy what you're about to hear. So with that, let's get right
0:32.2	to the post and commentary from Diana as we optimize your life.
0:40.6	How many... commentary from Diana as we optimize your life. How misplaced financial priorities lead to lame excuses by Len Penzo of Len Penzo.com.
0:49.5	My teenage son Matthew had a bit of a tantrum last week. Okay, actually, it was a full-scale meltdown.
0:56.9	After he found out that I wouldn't let him ride his BMX bicycle until he got the brakes repaired.
1:03.6	It turns out his bike brakes broke. Try seeing that three times in a row. While he was doing some
1:09.4	complex stunt called, if I remember correctly,
1:12.6	a toothpick hangover. Then again, maybe it was a how you do and grind, which as everybody knows
1:18.6	is a rail hop 180 to an ice pick to a half cab 180 off. Okay, you got me. Thank God for Wikipedia.
1:27.1	Anyway, my son got angry because he didn't have enough
1:30.2	money to pay for the repairs, and that meant he couldn't get around town to visit his friends.
1:35.6	I know what you're thinking. Why don't you stop being such a cheap skate, Len, and pay for your son's
1:40.5	break job? I'll tell you why. It turns out, the day before, Matthew decided to spend his
1:46.6	last dollar on a new BB gun, even though he knew I wouldn't let him ride his bike until it had new
1:52.5	brakes. So, of course, it was now all my fault that his mobility was suddenly severely curtailed.
2:00.3	Teenagers. Excuses, excuses. I love it when people
2:05.8	make excuses for why they're always too poor to pay their bills or unable to afford certain things in
	...

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