Student Loans, 50% Save Rates, and Being a Capitalist: JL Collins, Godfather of Financial Independence, Returns
The Money with Katie Show
00:00
Aligning Financial Incentives
This chapter explores the critical alignment of incentives between clients and financial advisors, particularly in relation to fee structures. It highlights the conflicts of interest that can arise and the importance of choosing fee-only advisors to protect client interests. The discussion also advocates for mindful financial planning and emphasizes the need for a long-term savings strategy to achieve financial independence.
Transcript
Play full episode
