Introducing "The Lazy Millionaire"
A series of simple and painless tips to help real people improve their finances
Since the early days of COVID, the Internet has exploded with finfluncers, and self-help gurus have been posting non-stop, telling you how to live your life and what to do with your money.
These people typically fall into one of two categories:
Outright scammers who want you to buy some random shitcoin or speculative investment—and when you do, they get paid.
Well-meaning people who don’t know much about finance or how real people behave in real life.
In my ongoing series “Calling Financial Bull$hit,” I’ve been addressing the first group.
Although I write about finance and investing every day, to be honest, I consume very little "personal finance” content—at least not when I want to learn anything useful. When I want to learn something to do with money, I read research papers and commentary from trustworthy financial professionals.
I roll my eyes when reading most personal finance articles—especially when the author enters preacher mode. So often, it feels like personal finance writers imagine the reader as some amalgamation of the top 10 selling self-help books on Amazon.
They say things like:
If you’re not working 12 hours a day, you're lazy.
You don't deserve to buy nice things if you don’t have a million dollars in the bank.
Here are 9 things you need to change in your daily routine to be a millionaire.
Self-help gurus and finfluncers do not accept people as they are. They hold you to an unrealistic expectation of how they think you should live your life.
The truth is most people don’t change all that much—at least not quickly and never from reading an 850 word self-help article.
Many people make small changes at the margins but fundamentally don’t change who they are or how they live their day-to-day lives.
But guess what?
You don’t have to optimize every aspect of your daily routine to be successful with money.
You don’t have to work 60+ hours per week, start a business, or a side hustle.
In my new series of articles, which I am calling “The Lazy Millionaire,” I will write about how you can make small, painless changes with your money that can make a real difference in your financial life.
As always, my articles are backed by research, and there will be no judgment or preachy tone. Just easy-to-implement tweaks to your financial life that can add up over a lifetime.
As always, I will try making as many of the articles as possible free, but if you want to read the entire series, I ask that you consider becoming a paid subscriber to Making of a Millionaire.
If you click here or the green button below, you can get 10% off your first year’s subscription.