Episode 271-Overcoming Spending Guilt, Investing When You Can, The Usefulness of Debt + More With Nick Maggiuli

<p><span style="font-weight: 400;">Nick Maggiulli, blogger and author, joins the podcast to discuss the intersection of data and personal finance. </span></p> <p><span style="font-weight: 400;">We talk about the numbers behind financial moves to save money, invest, and build sustainable wealth, while also combatting common absolutes in the personal finance world. Nick and I discuss the order of operations of investing, how debt isn’t always bad, why he thinks you probably shouldn’t max out your 401k, and more.</span></p> <p><span style="font-weight: 400;">In this episode we discuss:</span></p> <ul> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">The importance of where you focus your attention in your financial life</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Why you need an emergency fund first and foremost</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">How to stop the stress and guilt we feel when we spend money</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">The 2x rule when you are able to spend</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">The usefulness of debt + more</span></li> </ul> <div class="c-message_kit__gutter"> <div class="c-message_kit__gutter__right" data-qa= "message_content"> <div class= "c-message_kit__blocks c-message_kit__blocks--rich_text"> <div class= "c-message__message_blocks c-message__message_blocks--rich_text"> <div class="p-block_kit_renderer" data-qa="block-kit-renderer"> <div class= "p-block_kit_renderer__block_wrapper p-block_kit_renderer__block_wrapper--first"> <div class="p-rich_text_block" dir="auto"> <p><strong style= "font-size: inherit; background-color: transparent;">Other related blog posts/links mentioned in this episode:</strong></p> <ul> <li>Buy Nick's book: <a href= "https://www.amazon.com/Just-Keep-Buying-Proven-wealth/dp/0857199250/ref=sr_1_1?gclid=Cj0KCQjwm6KUBhC3