Michael Kitces: Investing in Stocks vs. Skills [GREATEST HITS WEEK]
Afford Anything
Navigating Lifestyle Creep and Financial Independence
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.
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