178 : Does The Simple Path to Wealth Still Work? with JL Collins

In this episode: The Simple Path to Wealth, Financial Independence, Retirement Strategies, Indexing with JL Collins

Episode Summary
Adam welcomes back JL Collins to discuss the updated version of his book "The Simple Path to Wealth". JL shares insights and addresses listener questions about debt, lifestyle inflation, and retirement strategies.

Guest Bio
JL Collins is an author & speaker best known for his book "The Simple Path to Wealth," which has become a cornerstone in the FI community. JL's focus on practical advice and clear strategies has helped countless individuals take control of their financial futures.

Resources & Books Mentioned

• "The Simple Path to Wealth" by JL Collins
• "Pathfinders" by JL Collins
• Mad Fientist
• "How I Found Freedom in an Unfree World" by Harry Brown
• Leave a voicemail for the show

Guest Contact Information

• Blog: JLCollinsnh.com
• X: https://x.com/JLCollinsNH
• Facebook: https://www.facebook.com/jlcollinsnh

Key Takeaways

• FI is achievable at any age; starting early is beneficial, but it's never too late to begin.
• Index investing is a powerful strategy that allows for long-term wealth growth with minimal effort.
• Lifestyle inflation can be managed by tracking expenses and making mindful choices about spending in retirement.
• Having a solid understanding of personal finance can empower individuals to make better financial decisions.
• The journey to FI is personal; every step taken towards it is a step in the right direction.

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