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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
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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