Just Keep Buying (3): Focus on Income, Not Spending
Main Argument 3: Focus on Income, Not Spending (The Biggest Lie in Personal Finance) After establishing a flexible and psychologically sound approach to saving with the “Save what you can” philosophy, the natural next question is: “How can I save more?” The answer to this question represents one of the most significant schisms in the personal finance community. One camp champions aggressive frugality, focusing on meticulously tracking and cutting expenses. The other camp advocates for focusing on income growth. In “Just Keep Buying,” Nick Maggiulli plants his flag firmly in the latter camp, arguing that the relentless focus on cutting