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#642 - Bill Perkins - Why You Should Spend All Of Your Money Before You Die
Modern Wisdom
The Cost of Consumption Smoothing
Most people's earning capacity is going to steadily increase and sometimes rapidly increase over the next two, three, four decades of their life. And yet there are all of these different layers that we have that protect us from getting anywhere close to enjoying the money that we are. The data is just overwhelming. They can't spend it. What about the people that say that they love working? It's okay to work. I always say like, keep working. Just make sure you don't waste your life and you utilize the fruits of your labor.
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