3 ms·
This reminds me of a great Matt Levine article from last year where he discusses his rules for personal finance and mocks the usual cliche advice. """ The impo
by rurp 7y ago
This reminds me of a great Matt Levine article from last year where he discusses his rules for personal finance and mocks the usual cliche advice.
"""
The important rules of personal finance are:
1. Make a lot of money. (This one is key!)
2. Spend less than you make.
3. Don’t invest in scams.
Meanwhile most actually available personal finance advice seems to come down to these considerably less helpful teachings 2 :
1. Don’t spend any money on coffee, food, cars or other nice things.
2. Compound interest!
"""
https://www.bloomberg.com/opinion/articles/2019-04-29/elon-musk-gets-some-new-twitter-rules https://www.bloomberg.com/opinion/articles/2019-04-29/elon-m...
- foogazi 7y agoEveryone glosses over making more money and assumes people are just fixed to their current situation in life