The chapter delves into the dangers of lifestyle creep and its impact on financial independence, cautioning against increasing expenses as income grows. It emphasizes the importance of setting filters to prioritize financial goals and avoid regrets later in life. The speakers discuss the trade-offs between time and money, highlighting the value of investing in skills and education for long-term career success.
Stocks or skills? How should you invest? Should you pour money into unlocking your income potential? Or should you pour money into the market?
Forget the motivational posters -- unlimited potential is real. But unlocking it takes investment. The question is: Do you invest in yourself or the market? Stocks, bonds, real estate offer clear returns. But what about investing in your skills, a side hustle, or education?
Financial advisor Michael Kitces joins us to crack the code on maximizing your return on investment, both personal and financial. Learn how to make smarter choices about your future and unlock your true potential.
We're sharing this as part of GREATEST HITS WEEK, a 5-day series in which we're sharing 5 episodes, across 5 days, that we produced during the earliest years of the Afford Anything podcast. You may have missed it then; enjoy it now.
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