Avoiding Lifestyle Creep and Achieving Financial Security

The Simple Path to Wealth by JL Collins is financial independence canon. The premise boils down to elegant simplicity: Spend 50% of your income and invest the other 50% in one specific index fund, VTSAX. We ask the Godfather of FI about it all—covering everything from his reliance on VTSAX and the American economy, to managing market crashes, to the debate over homeownership.

Reminder: This is not financial advice; please talk to a certified financial professional and do your own due diligence.

Transcripts, show notes, production credits, and more can be found at: https://moneywithkatie.com/simple-path-to-wealth-jl-collins

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