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]