Coffee ISN'T Killing Your Retirement - Main Topic #34

11 months ago
40

Have you ever heard this: "If you just give up your daily Starbucks or coffee, you could become a millionaire"? In other words: "Your coffee habit is costing you your financial future!" Well, Jay isn't too sold on this overused "financial tip." The coffee example misses the mark in a big way! This is despite the likes of Suze Orman, Dave Ramsey, Graham Stephan, and Kevin O'Leary all preaching this example to teach opportunity cost. We need to consider opportunity cost in a productive way to reconcile example with real life. How can we do this? Jay is going to tell you all about it in Episode 34 of the HopeFilled Financial Podcast.

Videos Reviewed:
1) Suze Orman on CNBC: https://www.youtube.com/watch?v=z5pW7bFcVN4
2) How Money Works Clip: https://www.youtube.com/watch?v=sONZNcqiofQ

Watch the full episode here: https://youtu.be/bg923FIO68A

Main Topics Playlist: https://www.youtube.com/playlist?list=PLo6Zlf1BSGrZM50_NAabg7tOhASym2xxD

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Disclaimer: This podcast serves as educational entertainment only. Any and all opinions relating to real estate, law, taxes, insurance, and/or securities investing that may be contained within this podcast should not be interpreted or implemented as recommendations nor advice. The opinions related to these topics – especially those regulated by state and/or federal entities – should never be taken as replacement for advice from a competent, licensed professional. HopeFilled Financial Coaching is not liable for any individual acting on any understanding of topics directly or indirectly related to real estate, legal practice, taxes, insurance, or investing even if an individual in question changed their understanding after listening to this podcast. All listeners are entirely responsible for seeking advice from licensed professionals before taking any action of their own.

Our Website: HopeFilledFinancial.com

Music: "Take Me Higher" by Jahzzar

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