1521: Investing, Reduced to Its Core by Paula Pant of Afford Anything on Creating Extra Income Streams

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Business, Education, Self-improvement

4.4 • 1.3K Ratings

🗓️ 9 May 2021

⏱️ 14 minutes

🔗️ Recording | iTunes | RSS

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Summary

Paula Pant of Afford Anything breaks investing down to its foundation. Episode 1521: Investing, Reduced to Its Core by Paula Pant of Afford Anything on Creating Extra Income Streams Paula Pant is the founder of the award-winning website AffordAnything.com and a writer and speaker specializing in money, business, and real estate investing. She is a real estate investor, as the owner of seven rental property units in metropolitan Atlanta. She holds a real estate license in Georgia. She's also the host of the Afford Anything podcast. The original post is located here: https://affordanything.com/investing-broken-down-to-its-ridiculously-simple-core/ With the SendPro software, you can compare shipping rates between carriers, plus save 40 percent off USPS Priority Mail shipping and get 5 cents off every letter you send. Our listeners can try it FREE for 30 days and get a FREE 10 pound scale, but only when you visit: PB.com/OFD. Please Rate & Review the Show! Visit Me Online at OLDPodcast.com and in The O.L.D. Facebook Group Join the Ol' Family to get your Free Gifts and join our online community: OLDPodcast.com/group Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is Optimal Finance Daily, episode 1521, investing, reduced to its core by
0:07.0	polypant of affordanything.com. Welcome to another Sunday edition of Optimal Finance Daily.
0:13.8	I'm your host and personal finance enthusiast, Diana Mariam. This is the show where I
0:19.1	serenade you with the sweet sounds of personal finance knowledge from some of the best blogs on
0:23.8	the planet, with the author's permission of course. My mom listens to the show every day.
0:29.2	So I wanted to take this opportunity to say happy mother's day to her and to all the moms
0:34.2	listening in. And if you like this idea of reading blogs to you for free, it'd be great if you could
0:39.6	share this podcast with someone today, maybe even with your mom. You can email or text her a link
0:45.2	to OLDpodcast.com or even better if you're able to subscribe her to the podcast right on her
0:51.0	smartphone. That would be greatly appreciated. But for now, let's jump right into today's post
0:56.7	and start optimizing your life. Investing, reduced to its core by
1:05.3	polypant of affordanything.com Myth, wealth comes from living below your means. Fact,
1:13.7	frugality is the first step, not the last. I'd like to tell you about one of the most interesting
1:19.8	couples I know. They were apartment dwellers when we met and I don't mean the New York City variety.
1:26.3	Their dark, musty apartment festered in an area where land is plentiful and square footage is
1:31.9	cheap, where apartments are synonymous with squalor. I'm not sure when their tables turned or how
1:38.5	long they toiled behind the scenes building their family empire. I can't pinpoint the year their
1:44.0	net worth climbed into seven digits. Their newfound wealth isn't flashy. They drive modest cars
1:50.8	and wear nameless brands, though they've upgraded into a nicer home. The main hint that their
1:56.8	money, though, isn't reflected in their purchases. It shows in how they spend their time. Neither
2:03.2	have jobs outside the home anymore, nor do they have any sense of urgency about getting one.
2:08.6	They travel regularly, ski often, kayak on occasion, and hike like it's going out of style.
	...

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