#462 - Nick Maggiulli - The Best Way To Build Your Personal Wealth
Modern Wisdom
Navigating Personal Finance Myths
This chapter explores the complexities of personal finance, emphasizing the myths that can mislead individuals in their wealth-building strategies. The speakers argue that increasing income is often more effective for savings than merely cutting expenses and discuss the risks of market timing. They also introduce the 'save invest continuum' to help listeners evaluate their financial priorities and the balance between saving and investing.
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