Hack Your Wealth

3 levels of financial independence: why hard work alone may not get you into the top 1%, but how it’ll get you to FI


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#7: We talk about the importance of luck when it comes to FIRE.

How important is it for FIRE? Can you achieve FIRE even if you aren’t particularly lucky?

We’ll answer these questions and share some mindsets that’ll help you stay on track in making FIRE progress.

What you’ll learn in this episode:

  • Why luck is hugely important in life to get to the very top
  • How, even though you can't control luck, the factors you CAN control can get you to FIRE if you plan thoughtfully and work hard
  • Plus, the simple strategy and mindset you need to do this

Links mentioned in this episode:

  • My Top 5 Free Tools For Building Wealth And Minimizing Taxes
  • HYW episode 2: My 4x4 FIRE framework for creating and protecting wealth
  • Mobility Report Cards: The Role of Colleges in Intergenerational Mobility
  • NYT: Extensive Data Shows Punishing Reach of Racism for Black Boys
  • NYT: Income Mobility Charts for Girls, Asian-Americans and Other Groups. Or Make Your Own.
  • NYT: What College Admissions Offices Really Want
  • NYT: Getting Into Harvard Is Hard. Here Are 4 Ways Applicants Get an Edge.
  • Robert Kiyosaki: Rich Dad, Poor Dad
  • HYW private Facebook community

Intro/Outro: Old Bossa by Twin Musicom.

...more
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Hack Your WealthBy Andrew Chen

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