This is Mr. Boring Money, and I'm here to help you to stay calm, print money, and have life on your terms.
In today's episode, we will discuss how to avoid making stupid decisions with your money.
This is an important topic that I want to talk about because I made many stupid decisions in the past, so if I can help you avoid making those same mistakes, then this will serve you very well.
Learn the importance of analyzing opportunity cost and why planning where you're going to deploy your money will help you achieve financial goals.
Plus, you won't want to miss Mr. Boring Money's insight on why business is the best place to deploy your capital.
Get ready to level up your financial game, and stay tuned here at The Boring Money Show!
See you on the inside!
Episode highlights:
00:00 Welcome to The Boring Money Show
0:11 The importance of assessing risk properly.
2:07 What is a compound interest calculator and how does it work?
4:59 How to think about your opportunity cost in different ways.
6:55 How to get started investing on the blockchain.
7:42 “The best place to deploy capital is in business.” - Mr. Boring Money
10:28 What’s a no judgment budget?
Resources:
○ The Boring Money ROI Cash Flow Calculator: https://www.mrboringmoney.com/cashflowcalculator
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And remember… Stay calm, print money and live life on your terms.
DISCLAIMER:
All information I share is NOT financial or investment advice and is purely intended for entertainment and educational purposes only. Always seek professional advice before acting on any financial decision.