• S1 Episode 6: YOLO vs Saving For the Future

  • Aug 5 2020
  • Length: 21 mins
  • Podcast

S1 Episode 6: YOLO vs Saving For the Future  By  cover art

S1 Episode 6: YOLO vs Saving For the Future

  • Summary

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    I want to live my best life, but I don't want to be 60 and broke, can you relate? This dilemma is the story of my life as a travel blogger and finance podcaster. Can you do both? Listen in and let's talk about the struggle to enjoy life and work towards financial independence. Hint: it can be done!

    In this episode I break down:
    1. A formula to do both (YOLO + Living BYM - Below Your Means)
    2. Identify the things that are important to you
    3. Avoiding lifestyle inflation/creep as your income rises
    4. Acknowledge that there are seasons. Seasons to YOLO and seasons to save heavily
    5. Use sinking funds to put money aside to YOLO guilt-free

    Thank you for listening to this episode of the Rich Immigrant podcast, please rate, review, subscribe, and share this episode. Stay connected with the podcast and join our community on Instagram at 'Therichimmigrant.'

    Thank you for the gift of your time and attention. Thank you for listening to this episode of the Rich Immigrant podcast, please give the podcast a 5 star review on Apple Podcasts, subscribe, and share this episode with someone in your world that needs to hear these conversations. Please join our community online at www.therichimmigrant.com or on Instagram at 'Therichimmigrant.'

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