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This is the dumbest way to spend your money !!

July 13, 202500:44
00:00:00
I can't stand it when I see kids that
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are making 70 grand a year spending $28
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for lunch. I mean, that's just stupid.
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It's just think about that in the
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context of that being put into an index
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and making 8 to 10% a year for the next
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50 years. The best test I do with my
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kids' friends, too. Go into a closet. Go
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into your closet and look at how much
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you have. You don't wear because
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you either bought it because you thought
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you were going to wear it and never wore
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it or wore it once and you end up
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wearing 20% of your portfolio all of the
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time and 80% you you pissed away. I
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mean, that's really stupid. And so for a
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young person, a young woman or man,
00:00:41
don't do

Podspun Insights

In this episode, the discussion takes a sharp turn into the world of financial wisdom, where the host challenges listeners to rethink their spending habits. With a blend of humor and tough love, they dissect the absurdity of young professionals splurging on overpriced lunches while neglecting the power of saving and investing. The episode dives into practical advice, encouraging listeners to evaluate their closets as a metaphor for financial waste—highlighting how much we own but rarely use. It's a wake-up call wrapped in relatable anecdotes that resonate emotionally and intellectually, making it a must-listen for anyone looking to get their finances in check.

Badges

This episode stands out for the following:

  • 90
    Best concept / idea
  • 85
    Most quotable
  • 80
    Most satisfying
  • 80
    Best overall

Episode Highlights

  • Financial Wisdom for Youth
    A call to young people to be mindful of their spending habits and investments.
    “Don't do it.”
    @ 00m 41s
    July 13, 2025

Episode Quotes

Key Moments

  • Investment Insight00:13
  • Closet Reflection00:20
  • Portfolio Reality00:30