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Category

😹
Fun
Transcript
00:00This episode is going to be all about building wealth even when you are currently broke.
00:05But being broke now does not mean being broke forever,
00:08especially if you are still early in your career and are thinking strategically.
00:12So these are some of our go-to steps for starting to put together those building blocks
00:16of building real wealth even when you're starting from zero.
00:19Number one is hold on to the philosophy of living like a student.
00:23I don't mean, you know, eating a cup of noodles or sleeping on an air mattress until you're 35.
00:28I do mean that when you are just starting out,
00:32you most likely don't have certain expectations for your lifestyle yet,
00:36or at least those expectations aren't set in stone.
00:40And the less you get used to certain luxuries,
00:42the more money you're going to be able to free up in your budget over time.
00:46Essentially, you want to avoid the trap of lifestyle inflation,
00:50or as it's often referred to, staying off the hedonic treadmill.
00:58Take care.
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