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Frugality Part 4 - Economy - How to Maximize Happiness per Dollar - Main Topic #4
Economy, in the context of frugality, is about getting the most bang for your buck. In other words, how can you optimize/maximize your happiness and utility per every dollar you spend, save, or give? Frugality is the Intentional Practice of Prudent Economy. Being economical goes beyond just minimizing loss and waste. Maximizing your happiness and utility involves a recognition of the 80/20 rule. Have you ever heard of the 80/20 rule? Do you have questions about how it applies to frugality and economy? Let us know in the comments below?
Watch the full episode here: https://rumble.com/v2mg166-hopefilled-financial-podcast-episode-4-frugality-part-4.html
Main Topics Playlist: https://www.youtube.com/playlist?list=PLo6Zlf1BSGrZM50_NAabg7tOhASym2xxD
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Disclaimer: This podcast serves as educational entertainment only. Any and all opinions relating to real estate, law, taxes, insurance, and/or securities investing that may be contained within this podcast should not be interpreted or implemented as recommendations nor advice. The opinions related to these topics – especially those regulated by state and/or federal entities – should never be taken as replacement for advice from a competent, licensed professional. HopeFilled Financial Coaching is not liable for any individual acting on any understanding of topics directly or indirectly related to real estate, legal practice, taxes, insurance, or investing even if an individual in question changed their understanding after listening to this podcast. All listeners are entirely responsible for seeking advice from licensed professionals before taking any action of their own.
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