You can afford anything, you just can't afford everything.

Every choice carries a trade-off, and that is true not only for your money, but also

for your time, your energy, your attention, any limited resource that you need to manage.

And that opens up two questions, first, what matters most.

And second, how do you align your daily decision making to reflect that which matters most?

Answering those two questions is a lifetime practice, and that is what this podcast is

here to explore.

My name is Paula Pant, I am the host of the Afford Anything Podcast, and when it comes

to the management of money, the framework that I like to think about is F-I-R-E, F stands

for financial basics, I for investing, R real estate, E entrepreneurship.

These are the four pillars of fire, and today we're going to focus on the first of those

four pillars, financial basics.

If you or someone you know is new to the world of personal finance or the world of financial

independence, this is an excellent episode to start on.

In today's episode, we'll be speaking with financial writer J.D. Roth about the seven

steps to financial independence and the seven rules of investing.

We'll talk about the formula for calculating your lifetime wealth ratio and the importance

of managing your career as though it's an asset.

J.D. Roth is one of the most well-known writers in the world of personal finance and financial

independence.

He is the founder of Get Rich Slowly.

And recently, he partnered with both Audible and the Great Courses to create an Audible

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