{"id":1813,"date":"2026-06-08T07:26:22","date_gmt":"2026-06-08T07:26:22","guid":{"rendered":"https:\/\/kensmartips.com\/finance\/?p=1813"},"modified":"2026-06-08T07:26:22","modified_gmt":"2026-06-08T07:26:22","slug":"5-money-rules-that-will-change-your-life-create-financial-freedom","status":"publish","type":"post","link":"https:\/\/kensmartips.com\/finance\/?p=1813","title":{"rendered":"5 Money Rules That Will Change Your Life &amp; Create Financial Freedom"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"480\" height=\"270\" src=\"\/\/www.youtube.com\/embed\/uysZfSEmeRE\" frameborder=\"0\" allowfullscreen><\/iframe><\/p>\n<p>In this episode, you\u2019ll learn the best financial advice you\u2019ll ever hear.<\/p>\n<p>It\u2019s your guide to taking control of your money and learning the rules of how to make it, save it, and spend it better.<\/p>\n<p>Maybe you\u2019re trying to pay down debt.  <\/p>\n<p>Maybe you\u2019re wondering how you\u2019ll ever afford a home.  <\/p>\n<p>Maybe you\u2019re doing \u201cokay,\u201d but you don\u2019t feel confident about the future, and you don\u2019t know the best place to invest your money.<\/p>\n<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\u2019re behind.  <\/p>\n<p>This episode will show you exactly what to do. <\/p>\n<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>\n<p>He\u2019s a 10-time New York Times bestselling author behind The Automatic Millionaire, and he\u2019s here to give you the simple money habits and tools that you can apply to your life today.  <\/p>\n<p>You\u2019ll learn:<br \/>\n-The rules of money that determine whether you build wealth or stay stuck (no matter what you earn)<br \/>\n-\u201dThe 2 escalators to wealth\u201d and how you can get on them<br \/>\n-The money mistake that can wreck your future even if you\u2019ve \u201cdone everything right\u201d<br \/>\n-What every couple needs to know about money before it\u2019s too late<br \/>\n-The exact stocks to invest in over the long term<br \/>\n-The exact blueprint of what you should do with your 401k<br \/>\n-The $27.40\/day formula that turns into $4.4 million<br \/>\n-Why you can start feeling better about your life before you\u2019re debt-free<br \/>\n-Specific advice for women, including what every widow needs to know<br \/>\n-The easiest ways to take control of your finances with the greatest payoff <\/p>\n<p>As David puts it, either you have a plan for your money, or someone else does.  <\/p>\n<p>Your plan starts here.  <\/p>\n<p>For more resources related to today\u2019s episode, click here for the podcast episode page:  https:\/\/www.melrobbins.com\/episode\/episode-362<\/p>\n<p>Follow The Mel Robbins Podcast on Instagram: https:\/\/www.instagram.com\/themelrobbinspodcast <\/p>\n<p>I\u2019m just your friend. I am not a licensed therapist, and this podcast is NOT intended as a substitute for the advice of a physician, professional coach, psychotherapist, or other qualified professional. Got it? Good. I\u2019ll see you in the next episode. <\/p>\n<p>In this episode:<br \/>\n00:00 Meet the Guest<br \/>\n07:57 What Does Automatic Economy Mean?<br \/>\n09:37 Financial Planning Basics<br \/>\n15:35 What is a 401(k)?<br \/>\n26:38 \u200aHow to Save for Retirement Without a 401(k)<br \/>\n33:33 Should You Invest in Individual Stocks?<br \/>\n34:10 How to Start Investing<br \/>\n35:56 Index Funds 101: Best Simple Investing Strategy<br \/>\n37:11 Why \u201cHigh-Risk Investing\u201d for Young People Backfires<br \/>\n38:21 Compound Interest Explained<br \/>\n41:09 How to Save More Money<br \/>\n47:07 Credit Card Debt Payoff Plan<br \/>\n59:03 Estate Planning Checklist: Will, Passwords, Accounts<\/p>\n<p>\u2014<br \/>\nFollow Mel:<br \/>\nInstagram: https:\/\/www.instagram.com\/melrobbins\/<br \/>\nTikTok: http:\/\/tiktok.com\/@melrobbins<br \/>\nFacebook: https:\/\/www.facebook.com\/melrobbins<br \/>\nLinkedIn: https:\/\/www.linkedin.com\/in\/melrobbins<br \/>\nWebsite: http:\/\/melrobbins.com\u200b<br \/>\n\u2014<br \/>\nSign up for Mel\u2019s newsletter: https:\/\/melrob.co\/sign-up-newsletter<br \/>\nA note from Mel to you, twice a week, sharing simple, practical ways to build the life you want.<br \/>\n\u2014<br \/>\nSubscribe to Mel\u2019s channel here: https:\/\/www.youtube.com\/melrobbins\u200b?sub_confirmation=1<br \/>\n\u2014<br \/>\nListen to The Mel Robbins Podcast \ud83c\udfa7 New episodes drop every Monday &amp; Thursday!<br \/>\nhttps:\/\/melrob.co\/spotify<br \/>\nhttps:\/\/melrob.co\/applepodcasts<br \/>\nhttps:\/\/melrob.co\/amazonmusic<br \/>\n\u2014<br \/>\nLooking for Mel\u2019s books on Amazon? Find them here:<\/p>\n<p>The Let Them Theory: https:\/\/amzn.to\/3IQ21Oe<br \/>\nThe Let Them Theory Audiobook: https:\/\/amzn.to\/413SObp<br \/>\nThe High 5 Habit: https:\/\/amzn.to\/3fMvfPQ<br \/>\nThe 5 Second Rule: https:\/\/amzn.to\/4l54fah<\/p>\n<p>#money #finance #financialfreedom<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In this episode, you\u2019ll learn the best financial advice you\u2019ll ever hear. It\u2019s your guide to taking control of your [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":1814,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1813","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/kensmartips.com\/finance\/?p=1813\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"5 Money Rules That Will Change Your Life &amp; Create Financial Freedom - FINANCE\" \/>\n<meta property=\"og:description\" content=\"In this episode, you\u2019ll learn the best financial advice you\u2019ll ever hear. 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