Why is it difficult to follow a budget? How much taxes does the government actually take? And what is the true cost of convenience? We dive into these topics and more in this week’s episode.
In this episode:
Simple budgeting [4:30]
Different forms of income [6:30]
A few budgeting rules [9:30]
Why we love to spend [13:00]
The power of spending [19:30]
How much are your habit costing you? [23:00]
How borrowing one dollar becomes owing three [32:00]
Federal, state and payroll tax [34:00]
The problem with social security [38:00]
Fiduciaries are your friend [46:00]
The cost of convenience [51:00]
Are you a capitalist, or are you being capitalized on? [57:00]