"I understand this isn't the point of the article, but it seems like a roundabout way of saying "don't overspend"." Well yes, but...that's completely useless a

"I understand this isn't the point of the article, but it seems like a roundabout way of saying "don't overspend"." Well yes, but...that's completely useless advice and the article is considerably more concrete and useful. (On the other hand, I'll dispute his 1-basis-point: I think it should be closer to .1 basis point.) You are right about the difference between income and net worth. To a point, anyway.