559. High Earners, Not Rich Ever w/ Tae Kim

Sep 12, 2024

Tae Kim, creator of the Financial Tortoise YouTube channel, dives into the financial missteps of high earners. He discusses the stark difference between being rich and truly wealthy, unpacking common pitfalls like impulsive spending and the dangers of financial leverage. Tae shares personal anecdotes, emphasizing the importance of education and humility in money management. He encourages listeners to rethink their financial priorities and advocates for sustainable practices over superficial wealth displays.

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Intro

00:00 • 3min

A Journey Through Financial Mistakes and Education

02:50 • 3min

Finding a Niche in Long-Form Financial Education on YouTube

05:39 • 2min

Wealth vs. Income: The High-Earner Dilemma

07:22 • 19min

Habits of High-Income Earners and Investment Insights

25:57 • 4min

The Dangers of Financial Leverage

30:04 • 20min

From Attendee to Featured Speaker: A Journey to FinCon

50:10 • 2min

We talk with Tae Kim, creator of the Financial Tortoise YouTube channel, and the ten dumb things that high income earners do with their money. We chat about the difference between rich and wealthy and how to navigate the two expertly. What mistakes have you made with your spending and how did you recover?

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