Nov 29, 2014
This episode is about the
main barrier to financial independence: consuming for status
instead of investing for wealth. You have a choice: you can either
buy status symbols or your can buy financial freedom, but not both.
Topics covered in the episode include:
- Why everything you think about "the rich" is probably wrong
- How most high income people blow their chance at financial independence
- How you can buy financial freedom instead of getting caught in the culture of capital consumption
- Stop Acting Rich by Thomas Stanley
- Image Credit: Jonas Nilsson Lee
