Optimal Finance Daily - Financial Independence and Money Advice cover image

1954: [Part 2] Pay Yourself Last: Why You Don’t Need A Budget by Steven Keys

Optimal Finance Daily - Financial Independence and Money Advice

00:00

Pay Yourself Last, Why You Don't Need a Budget

Once you achieve a wide gap between what you spend and what you make, consider ditching your budget altogether. If an unusually large expense pops up, like a hospital visit or a dead h va system in your house, you can pay for it out of cash balances first. Pay yourself last is an advance financial strategy. Drive an older car or ride a bike, get a roommate, cut your insurance and t v bills,. eat food from walmar and cosco and work some side hustles. Just do whatever you can.

Play episode from 04:57
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app