Wealth

Buy Utility, Rent Luxury (BURL)

For real estate

https://www.financialsamurai.com/real-estate-investing-rule-rent-luxury-buy-utility/

For vehicles

  • Buy a pre-owned car, nothing fancy
  • Rent fancy car for road trips and vacations

For homes

  • Improve your main home (maximum utility)
  • Don’t buy a fancy vacation home, rent one in different places every year

Focus on Free Cash Flow, not net worth

https://www.financialsamurai.com/why-cash-flow-is-more-important-than-net-worth/

(Obvious) advice on reaching financial independence

https://wealthofgeeks.com/financial-freedom/