Worth It

85: Adulting 101 Series: Saving

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Sinopse

Do you think about saving money and instantly feel guilty and/or defensive about your lack of savings right now? You are so not alone. And while we’re here to tell you a bit about how much you should be saving, we spend some time in this episode of Worth It talking about why you should be saving. We hope it gets you fired up and ready to save, so let’s dive in.   WHAT YOU’LL LEARN  [02:20 How Dustin managed to build wealth through savings… even during the 2008 financial crisis [07:45 What Warren Buffet says is the hardest skill to craft [09:35 Why you can still have luxury taste and save for the long-term (if you make the money) [11:00 Using windfalls to build up future wealth [11:40 How to leverage market ups and downs to build wealth [13:30 Why you shouldn’t wait for the market to drop to start investing  [16:00 The importance of saving more for a work-optional lifestyle [00:30 How to shift your mindset from scarcity to abundance [03:15 The difference between splurging and celebrating