2692: Why My 77 Percent Savings Rate Means Nothing by Paula Pant of Afford Anything on FIRE & Early Retirement
Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com.\nEpisode 2692:\nPaula Pant from AffordAnything.com shares her journey from celebrating a 77% savings rate to realizing its limited value in achieving financial freedom. Through a detailed analysis, she illustrates the importance of distinguishing between savings for deferred spending and investing for wealth growth, urging readers to focus on investing rates over savings rates for true financial independence.\nRead along with the original article(s) here: https://affordanything.com/77-savings-rate-means-nothing/\nQuotes to ponder:\n"Savings is money that you\u2019re setting aside for the future. Which means that \u201csavings\u201d is deferred spending."\n"Savings won\u2019t bring you financial freedom. Investing will."\n\u201cInvesting,\u201d on the other hand, allows you to supercharge your net worth."\nLearn more about your ad choices. Visit megaphone.fm/adchoices