The Importance of Weightings in Taxation Advice

Luke, a long-time listener and fan of the Good Oil podcast. He asks: How do you put weightings on the different choices in your lives? Scott says he's very fortunate to have been able to choose some of those things. But there are people for whom these choices aren't choices because they don't have the incomes to make them. Ram adds that it is important to think about how much income does one person need based on what lifestyle choices they've made so far.