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Podcast: Meaning Over Money
Episode: 316 - Rely on Your Past Self, Not Your Future Self: The Power of Investing Early and Often
Description: When we’re young, most of our financial fate rests in the hands of our future selves. We must invest, make good decisions, and invest some more. Then, one day in the very distant future, we’ll be in a solid financial position. As we age, however, future us has less time to make things happen. For this reason, it’s critically important that current us makes wise and proactive choices. When we do, we’ll eventually reach a point where we’re relying on our past selves far more than our future selves. There’s unparalleled freedom in this concept...