9min chapter

The Personal Finance Podcast cover image

How to Manage Money Like the Top 1%

The Personal Finance Podcast

CHAPTER

Mastering Wealth Retention: The 20-55 Rule

This chapter discusses essential strategies for managing money, focusing on wealth retention rather than mere income generation. It introduces the 20-55 rule for budgeting, highlights the importance of an emergency fund, debt reduction, and increasing savings for long-term financial health.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode