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What advice do you have for new grads?

Learn to live thoughtfully! Resist the urge to splurge on fancy items that lose their appeal over time. Instead, save money for experiences, stress relief, and future freedom. This approach to personal finance can lead to a more fulfilling life.

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Video transcript

- Be thoughtful about how you live. Whatever your income, it's very tempting, you've worked so hard for all of these years, to say, oh, now I have a income, I'm getting real money. Let me go buy a fancy car, or let me go get a really fancy apartment. Sure, treat yourself a little bit, but really think about those implications, because that fancy car, yeah, maybe those first few weeks, you're gonna get really excited about it when it's all squeaky clean and new and your friends are all wanting to get a drive with you, but after a few months, it's kind of gonna wear off, and you're gonna still be paying the loan on that fancy car. At that point, you might actually view it more as a burden than something that's actually giving you joy. You're just like, oh, why didn't I just buy a cheaper car, then I would have paid it off by now, and then I would have all this money that I could either use it for other things, have good experiences, go on vacations, I wouldn't be as stressed, or, I could be saving that money for my retirement or having a nest egg or having an option that if at some future point, retirement is one thing, and you should definitely be saving for that, but especially when you're, early in your career, you should be saving so that you have freedom to do what you want.