Before the YOLOers grab their pitchforks and come at me for saying you shouldn’t enjoy your life, let me suggest a radical idea to you: What if you did BOTH? What if you spent a little now to enjoy your Netflix subscription, but ALSO invested a little to build WEALTH over time. Then you can be happy now AND happy later when you’re rich!

Instead of spending EVERY PENNY TO YOUR NAME, find some ways to reduce expenses and increase your income. Then invest the difference between what you make and what you spend. Then over time you’re BUILDING WEALTH, marching towards financial freedom, early retirement, and not being stressed out about ending up broke at the end of every month. Those Netflix shows are that much sweeter when you aren’t worried about working every day until you die.

That’s the whole point of the two rules. Not to declare victory on your death bed by dying with the most zeroes in your bank account, but to maximize the utility of money to increase your overall happiness and your ability to help people!

As always, reminding you to build wealth by following the two PFC rules: 1.) Live below your means and 2.) Invest early and often.

-Jeremy

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