theminimalists
patreon
"Disagree About Money"
🕑 Added 2019-07-11 12:05:01 +0000 UTCPatreon Exclusive! In this "Maximal" episode, Joshua talks about earning income, managing money, financial willpower, budgeting mistakes, and what it means to live a “rich” life with author Ramit Sethi, and they answer the following questions:
Is it appropriate to use credit cards merely to accrue points? (24:45)
Where should I invest my money if I’m seeking early retirement? (32:59)
If I’m going to college, is it wiser to continue investing in my retirement accounts or invest instead in my education and minimize my school loans? (49:10)
How do I prepare financially to leave an unsatisfying job that provides a comfortable living to instead pursue a more satisfying career? (56:29)
LINKS
Blog: The Big Wins Manifesto
Book: Everyday Millionaires
Book: I Will Teach You to Be Rich
Essay: The Rule of Two
Finances: Betterment
Finances: FIRE
Instagram: Podcast Shawn
Instagram: Ramit Sethi
Podcast: Sam Harris
Twitter: Ramit Sethi
Website: Jordan Moore
Website: Ramit Sethi
MAXIMS
“When you’re running away from something, be clear about something else you’re running toward.” —Joshua Fields Millburn
“A rich life includes constraints that you set for yourself.” —Ramit Sethi
This Maximal episode corresponds with Minimal episode 188.
Comments
Kate
This episode was outstanding, and so well-timed for where I am right now (debt free for almost 2 weeks, having paid almost $89k off in 18 months). It reinforced a few things for me, gave me a renewed perspective on some other things, and a fresh view of other things. I would love to hear more from The Minimalists on how they keep intentionality after achieving a major goal, and whether setting new goals and checking-in on values are key.
Tami Pettenger
I am a nurse who graduated without student loans! First with my bachelors then 10 years later with my doctorate. First of all, you have to plan to work while going to school. It will be frustrating while your peers seem to have so much extra time to study and/or hang out and it will be very tempting to succumb to a loan, but the incredible feeling of not being strapped to loan payments and having full control of your paycheck when you graduate will be worth it!!! In undergrad I started working at a country club, then moved into the medical field as a pharmacy tech and then a nurse aide which helped me in my classes and clinicals too. During grad school I worked nights and weekends as an RN. The hospitals I worked at offered tuition reimbursement as well which didn’t cover everything but helped. Additionally I applied for several scholarships and grants. I did not receive every one I applied for, but every little bit helped even if it only covered books and supplies. Finally, I worked as a research assistant in the nursing department at my university which gave me partial tuition credits as well as a small stipend. Now I do have to say my house wasn’t as clean/tidy as it usually is and I did have to miss some social and family activities. But it can be done and is worth it!! Good luck!!
