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Optimal Finance Daily - Financial Independence and Money Advice

946: Don't Eat the Doughnut by Craig Stephens of Retire Before Dad on Personal Finance Advice

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Self-improvement, Education, Business

4.51.3K Ratings

🗓️ 12 October 2019

⏱️ 10 minutes

🧾️ Download transcript

Summary

Craig Stephens of Retire Before Dad shares why you shouldn't eat the doughnut. Episode 946: Don't Eat the Doughnut by Craig Stephens of Retire Before Dad on Personal Finance Advice Craig Stephens of Retire Before Dad is a 43-year-old IT professional, investor, and blogger based in the Washington, DC metro area. His primary financial goal is to retire at age 55, one year before his Dad retired. He writes about how to build income streams so you can explore the unusual. His first love is his beautiful wife and three kids. His second love is travel. Combining both in early retirement is the ultimate goal and his primary motivation for financial independence.  The original post is located here: https://www.retirebeforedad.com/dont-eat-doughnut/Please Rate & Review the Show! Visit Me Online at OLDPodcast.com & in The O.L.D. Podcasts Facebook Group! and Join the Ol' Family to get your Free Gifts Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Are you ready for a Monzo Business Bank Account?

0:03.3

Heather from the Accountant's Growth Club was,

0:05.3

knowing what cash I have is really important and Monzo Business makes it easy.

0:09.8

It automatically puts 20% of my income into a tax pot.

0:14.0

When it's time to pay your VAT, I always know the money's there.

0:17.0

If you're ready for a Monzo business account, apply today.

0:20.0

Just search Monzo Business. Only sole traders or limited company directors in the UK can apply.

0:25.0

Get tax pots with Monzo Business Pro for £5 a month.

0:28.1

Te's and sees apply.

0:29.2

Do you hear that? It might sound like nothing to you, but it's actually the sound of nuclear, wind and solar energy.

0:41.0

At EDF, we're busy generating more British

0:44.4

zero carbon electricity than anyone to help keep future energy

0:47.9

cost down for everyone and help cut UK carbon emissions to nothing.

0:52.0

Sound good to you? Find out more about our

0:55.1

zero carbon generation at EDF Energy.com slash Help in Britain.

0:58.9

This is Optimal Finance Daily, episode 946.

1:04.8

Don't Eat the Donut by Craig Stevens of Retire Before Dad.

1:09.0

com.

1:10.2

And I'm Dan, I'm your host and narrator of some of the best blogs on personal finance,

1:14.4

and I am here narrating to you every single day now, including the weekends.

1:18.4

This is actually the first Saturday episode that we've ever done here on this show.

1:22.8

Over on our show optimal living daily we do episodes seven days a week and

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