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)

005: The Things We Are Prepared To Walk Away From by Joshua Fields Millburn of TheMinimalists.com

005: The Things We Are Prepared To Walk Away From by Joshua Fields Millburn of TheMinimalists.com

Optimal Living Daily: Reading you the best content on personal development, productivity, and minimalism. Episode 5: The Things We Are Prepared To Walk Away From by Joshua Fields Millburn of TheMinima...

16 Joulu 20158min

004: How to Meditate: 10 Important Tips by Mary Jaksch of GoodLifeZen.com

004: How to Meditate: 10 Important Tips by Mary Jaksch of GoodLifeZen.com

Optimal Living Daily: Reading you the best content on personal development, productivity, and minimalism. Episode 4: How to Meditate: 10 Important Tips by Mary Jaksch of GoodLifeZen.com. Mary Jaksch i...

15 Joulu 201511min

003: How to Discover Your Life Purpose in About 20 Minutes by Steve Pavlina of StevePavlina.com

003: How to Discover Your Life Purpose in About 20 Minutes by Steve Pavlina of StevePavlina.com

Optimal Living Daily: Reading you the best content on personal development, productivity, and minimalism. Episode 3: How to Discover Your Life Purpose in About 20 Minutes by Steve Pavlina of StevePavl...

14 Joulu 201510min

002: 7 Rules That Keep My Life Simple by Leo Babauta of ZenHabits.net

002: 7 Rules That Keep My Life Simple by Leo Babauta of ZenHabits.net

Optimal Living Daily: Reading you the best content on personal development, productivity, and minimalism. Episode 2: 7 Rules That Keep My Life Simple by Leo Babauta of ZenHabits.net. Leo Babauta creat...

13 Joulu 201510min

001: Why I Walked Away From My Six Figure Career by Joshua Fields Millburn of TheMinimalists.com

001: Why I Walked Away From My Six Figure Career by Joshua Fields Millburn of TheMinimalists.com

Optimal Living Daily: Reading you the best content on personal development, productivity, and minimalism. Episode 1: Why I Walked Away From My Six Figure Career by Joshua Fields Millburn of TheMinimal...

12 Joulu 201510min

000: About Justin Malik and the Optimal Living Daily Podcast

000: About Justin Malik and the Optimal Living Daily Podcast

Optimal Living Daily: Reading you the best content on personal development, productivity, and minimalism. Episode 0: About Justin Malik and the Optimal Living Daily Podcast. Justin Malik is an entre...

11 Joulu 20158min

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