3361: Why Increasing Your Income Won't Solve Your Financial Problems by Andy Hill of Marriage, Kids and Money

3361: Why Increasing Your Income Won't Solve Your Financial Problems by Andy Hill of Marriage, Kids and Money

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3361: Andy Hill shares how increasing his income didn’t solve his financial problems, despite earning more over time. He highlights the importance of focusing on net worth rather than just income, as building wealth is about managing the gap between earnings and expenses. Hill’s story emphasizes that lasting financial security comes from reducing debt, controlling lifestyle inflation, and investing wisely. Read along with the original article(s) here: https://marriagekidsandmoney.com/why-increasing-your-income-wont-solve-your-financial-problems Quotes to ponder: "My net worth was -$50,000. So it was really my Net 'Unworth.'" "We grow the gap by increasing income and reducing expenses; we protect the gap by avoiding lifestyle inflation." "Income can go away in an instant. My income would be gone, but my net worth would still be intact." Learn more about your ad choices. Visit megaphone.fm/adchoices

Jaksot(3902)

029: 2 Mental Blocks to Making Money by Steve Pavlina of StevePavlina.com

029: 2 Mental Blocks to Making Money by Steve Pavlina of StevePavlina.com

Optimal Living Daily: Reading you the best content on personal development, productivity, and minimalism. Episode 29: 2 Mental Blocks to Making Money by Steve Pavlina of StevePavlina.com (Providing Va...

9 Tammi 201612min

028: Give Yourself the Gift of Not Worrying About Money by Mr. Money Mustache of MrMoneyMustache.com

028: Give Yourself the Gift of Not Worrying About Money by Mr. Money Mustache of MrMoneyMustache.com

Mr. Money Mustache is a thirty-something retiree who now writes about how we can all live a frugal, yet awesome, life of leisure. He and his wife studied engineering and computer science in Canada, th...

8 Tammi 201610min

027: Simple Finances: How and Why to Build Up a Cushion in the Bank by Leo Babauta of ZenHabits.net

027: Simple Finances: How and Why to Build Up a Cushion in the Bank by Leo Babauta of ZenHabits.net

Optimal Living Daily: Reading you the best content on personal development, productivity, and minimalism. Episode 27: Simple Finances: How and Why to Build Up a Cushion in the Bank by Leo Babauta of Z...

7 Tammi 201610min

026: Money Does Not Buy Better Habits and A Minimalist's Thoughts on Money by Joshua Fields Millburn of TheMinimalists.com

026: Money Does Not Buy Better Habits and A Minimalist's Thoughts on Money by Joshua Fields Millburn of TheMinimalists.com

Optimal Living Daily: Reading you the best content on personal development, productivity, and minimalism. Episode 26: Money Does Not Buy Better Habits and A Minimalist's Thoughts on Money by Joshua Fi...

6 Tammi 20169min

025: How I Met Good Fortune Half Way - And You Can Too by Mary Jaksch of GoodLifeZen.com

025: How I Met Good Fortune Half Way - And You Can Too by Mary Jaksch of GoodLifeZen.com

Optimal Living Daily: Reading you the best content on personal development, productivity, and minimalism. Episode 25: How I Met Good Fortune Half Way - And You Can Too by Mary Jaksch of GoodLifeZen.co...

5 Tammi 201617min

024: Playing the Money Game by Steve Pavlina of StevePavlina.com

024: Playing the Money Game by Steve Pavlina of StevePavlina.com

Optimal Living Daily: Reading you the best content on personal development, productivity, and minimalism. Episode 24: Playing the Money Game by Steve Pavlina of StevePavlina.com (The Psychology Behind...

4 Tammi 201610min

023: Getting Rich: from Zero to Hero in One Blog Post by Mr. Money Mustache of MrMoneyMustache.com

023: Getting Rich: from Zero to Hero in One Blog Post by Mr. Money Mustache of MrMoneyMustache.com

Optimal Living Daily: Reading you the best content on personal development, productivity, and minimalism. Episode 23: Getting Rich: from Zero to Hero in One Blog Post by Mr. Money Mustache of MrMoneyM...

3 Tammi 201610min

022: How to Make the Most of the Fresh Start of a New Year by Leo Babauta of ZenHabits.net

022: How to Make the Most of the Fresh Start of a New Year by Leo Babauta of ZenHabits.net

Optimal Living Daily: Reading you the best content on personal development, productivity, and minimalism. Episode 22: How to Make the Most of the Fresh Start of a New Year by Leo Babauta of ZenHabits....

2 Tammi 20169min

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