Ep. 20: Nick Maggiulli on Biggest Lies in Personal Finance, Feeling Rich, and the Role of Luck in Investing
The One Percent Show with Vishal Khandelwal
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The Biggest Lies in Personal Finance
The biggest lies in personal finance are that cutting spending is a way to build wealth. People with higher income generally save more than people who are income. max out your 401K, stick as much money as you can into these non-taxable accounts. There's a host of different things and then market timing.
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