This podcast episode focuses on various financial milestones and tasks that individuals should be aware of. It highlights the importance of setting financial goals and tracking important dates such as tax deadlines, open enrollment periods for health insurance, and savings account interest rates. The episode also provides tips on evaluating investments, managing portfolios, and obtaining credit reports to ensure financial well-being. It emphasizes the significance of analyzing the rate of return on investments and comparing it to market performance. Managing fees associated with investments and regularly reviewing credit reports are also discussed. The episode suggests engaging in daily habits that contribute to financial well-being, such as reflecting on purchase decisions, practicing thought work to change negative money-related thoughts, and prioritizing self-care. It concludes with a reminder of annual financial tasks and encourages listeners to explore other episodes on investing, taxes, and budgeting.
Anti-commonsence
1. The episode suggests aiming for an average rate of return of at least 10% over 10 years, which may not be realistic or achievable for all investors.
2. The episode implies that financial success is solely based on individual actions and habits, without considering external factors such as economic conditions and systemic inequalities.
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How to Get Rich: Every EpisodeNaval
Start a financial self-care routine | Life Kit | Podwise
