In this public episode of The Minimalists Podcast, we speak with author George Kamal about letting go of past financial mistakes, frugality vs. minimalism, and how much money The Minimalists have. Watch all 2 hours of episode 426 on The Minimalists Private Podcast.
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Discussed in This Episode
- How can I let go of my past financial mistakes?
- What’s the relationship between frugality and minimalism?
- When, and how much, is it appropriate to tip?
- What are George Kamal’s thoughts on rainy-day funds, 529 education plans, investing in precious metals, and cryptocurrency?
- Why are credit scores really debt scores?
- Are The Minimalists millionaires?
- Why did T.K. write his new book, Emotional Clutter?
- How can I let go of my LEGO collection?
- Why shouldn’t you sacrifice your well-being for money?
- Why is eating out a luxury, not a necessity?
- Is this ad a freakin’ parody?
- How did patron Manny discover a cure for overstimulation?
Minimal Maxims
Joshua, Ryan, and T.K.’s pithy, shareable, less-than-140-character responses. Find more quotes from The Minimalists at MinimalMaxims.com.
- Letting go of the past is a prerequisite for living in the present.
- Regret is a signpost that informs you about the paths to avoid.
- Frugality is a benefit until it is a burden.
- An obligatory reward punishes the person who deserves a premium.
- A college degree tastes better when it’s debt-free.
- A credit score is not a credit score—it is a debt score.
- It’s easy to let go when you never latch on.
- Minimalists allow money to be a passenger in the car, but we don’t let it drive.
- The doorway to decluttering is adorned with the benefits of living with less.
Links Mentioned in This Episode
- App: EveryDollar
- Book: 16 Rules for Living with Less
- Book: Breaking Free From Broke
- Book: Emotional Clutter
- Book: What’s the Big Deal About Bitcoin?
- Tour: The Everything Tour
- Subscribe: The Minimalists’ Newsletter
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- Ryan Nicodemus
- T.K. Coleman
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