501: Hierarchy of Financial Needs (and the Meaning of Life) - Part 1 by The Mad Fientist

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Investing, Self-improvement, Education, Business

4.5 • 1.3K Ratings

🗓️ 29 January 2018

⏱️ 8 minutes

🔗️ Recording | iTunes | RSS

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Summary

The Mad Fientist shares what he calls the hierarchy of financial needs. This is Part 1 of 2. Episode 501: Hierarchy of Financial Needs (and the Meaning of Life) - Part 1 by The Mad Fientist (Save Thousands & FIRE). The Mad Fientist analyzes the tax code and looks at personal finance through the lens of early financial independence to develop strategies and tactics to help you retire even earlier. Most personal finance advice is geared towards people retiring in their 60s or later and doesn’t apply to those of us pursuing early financial independence. The Mad Fientist is focused on providing advice and innovative tax-avoidance methods specifically for people wanting to break away from full-time employment very early in life. He also hosts the Financial Independence Podcast. The original post is located here: https://www.madfientist.com/hierarchy-of-financial-needs Visit Me Online at OLDPodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:23.9	Engineered to do it all. That's a laptop evolved with Intel Evo Platform.
0:27.8	This is Optable Finance Daily episode episode 501, hierarchy of financial needs and the meaning of life.
0:36.7	Part 1 by the Mad Fiantest of Madfiantest.
0:40.0	com.
0:41.1	And I am Dan, your host, welcome to a new week here on the show where I read to you from some of the best blogs on personal finance.
0:47.0	So for now, let's get right to our post as we start optimizing your life.
0:58.0	Hierarchy of Financial Needs and the Meaning of Life, Part 1
1:00.0	by the Mad Fientist of Madfianist.com.
1:04.5	When I was in Ecuador last year, Mr. Money Mustache came up to me and said he was
1:07.8	pissed off.
1:09.4	Someone had been asking him questions about F.I.
1:11.7	But when the discussions started getting into the numbers, the person
1:14.3	said that they'd just save those questions for me.
1:17.2	M. M. M. M. Jokingly asked me if that means he's lost his edge.
1:20.4	Has writing about happiness and more philosophical topics resulted in him not being viewed as a financial mastermind anymore?
1:26.0	Obviously, he was just messing around and wasn't really angry or concerned, but this topic actually came back up a few days later.
1:33.0	After I finished my presentation to the group, Mr. Money Mustache raised his hand and said,
	...

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