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Structured Products (Plus Just Keep Buying with Nick Maggiulli) (EP.255)

The Rational Reminder Podcast

CHAPTER

The Biggest Lies in Personal Finance

Biggest lie in personal finance is that you can cut your spending to get rich. The people with the highest incomes have the highest savings rate, he says. So sitting here and telling people to cut their lattes just doesn't move the needle enough for most of us,. "It's like getting a latte could boost your morale and make you work harder"

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