Student Loans, 50% Save Rates, and Being a Capitalist: JL Collins, Godfather of Financial Independence, Returns

The last time JL Collins joined me on the show (our most popular episode ever), we covered everything from millennial challenges, to his “VTSAX and Relax” approach, to lessons from his 2015 best-selling book, The Simple Path to Wealth. Now re-released a decade later with new insights, JL joins us again and we talk about: If the US Dollar still holds its reserve currency status—and what it means if it doesn't America’s student loan crisis and the myth of “good debt” The liberation of dramatically downsizing your living expenses Our culture of consumerism, and what might replace it We even had a civil dispute about capitalism (I’ll let you guess who played defense) and whether billionaires create jobs or jobs create billionaires Transcripts, show notes, production credits, and more can be found at: ⁠⁠http://moneywithkatie.com/jl-collins⁠. — 📙 ⁠⁠Preorder your copy⁠⁠ of Rich Girl Nation (out 6/10), and receive 3 free book bonuses! Money with Katie’s mission is to be the intersection where the economic, cultural, and political meet the tactical, practical, personal finance education everyone needs. Learn more about your ad choices. Visit megaphone.fm/adchoices