5 Money Rules That Will Change Your Life & Create Financial Freedom

About this episode

<p>In this episode, you’ll learn the best financial advice you’ll ever hear.</p><p>It’s your guide to taking control of your money and learning the rules of how to make it, save it, and spend it better.</p><p>Maybe you’re trying to pay down debt.  </p><p>Maybe you’re wondering how you’ll ever afford a home.  </p><p>Maybe you’re doing “okay,” but you don’t feel confident about the future, and you don’t know the best place to invest your money.</p><p>Or maybe you want to know what really works to save money, make more money, invest money, and how to stop feeling like you’re behind.  </p><p>This episode will show you exactly what to do. </p><p>Today, Mel is joined by David Bach. David is one of the most trusted voices in personal finance for a reason: He teaches the rules of money in a way that makes you feel calm, capable, and in control. </p><p>He’s a 10-time New York Times bestselling author behind <i>The Automatic Millionaire</i>, and he’s here to give you the simple money habits and tools that you can apply to your life today.  </p><p>You’ll learn: </p><p>-The rules of money that determine whether you build wealth or stay stuck (no matter what you earn) </p><p>-”The 2 escalators to wealth” and how you can get on them</p><p>-The money mistake that can wreck your future even if you’ve “done everything right” </p><p>-What every couple needs to know about money before it’s too late </p><p>-The exact stocks to invest in over the long term</p><p>-The exact blueprint of what you should do with your 401k</p><p>-The $27.40/day formula that turns into $4.4 million</p><p>-Why you can start feeling better about your life before you’re debt-free </p><p>-Specific advice for women, including what every widow needs to know</p><p>-The easiest ways to take control of your finances with the greatest payoff </p><p>As David puts it, either you have a plan for your money, or someone else does.  </p><p>Your plan starts here.  </p><p>For more resources related to today’s episode, <a href="https://www.melrobbins.com/episode/episode-362/" target="_blank">click here</a> for the podcast episode page.   </p><p>If you liked the episode, check out this one next: <a href="https://www.melrobbins.com/episode/episode-327/" target="_blank">More of the Best Financial Advice You’ll Ever Hear</a>.</p><p>Connect with Mel:  </p><p> </p><ul><li><a href="https://puregeniusprotein.com/MP" target="_blank">Order Mel’s new product, Pure Genius Protein</a></li><li><a href="https://www.melrobbins.com/newsletter/" target="_blank">Get Mel’s newsletter, packed with tools, coaching, and inspiration.</a></li><li><a href="https://www.amazon.com/dp/1401971369?tag=lnk0001-20&geniuslink=true" target="_blank">Get Mel’s #1 bestselling book, The Let Them Theory</a></li><li><a href="https://bit.ly/45OWCNr" target="_blank">Watch the episodes on YouTube</a></li><li><a href="https://bit.ly/3QfG8bb" target="_blank">Follow Mel on Instagram</a></li><li><a href="https://bit.ly/49bg4GP" target="_blank">The Mel Robbins Podcast Instagram</a></li><li><a href="https://bit.ly/46Kpw2v" target="_blank">Mel's TikTok</a></li><li><a href="https://siriusxm.supportingcast.fm/" target="_blank">Subscribe to SiriusXM Podcasts+ to listen to new episodes ad-free</a></li><li><a href="https://www.melrobbins.com/disclaimer" target="_blank">Disclaimer</a></li></ul><br/> <p>Hosted by Simplecast, an AdsWizz company. See <a href="https://pcm.adswizz.com">pcm.adswizz.com</a> for information about our collection and use of personal data for advertising.</p>