While using credit cards isn’t the best idea if you don’t have your spending tuned in, if you have control of your spending your credit cards can work for you. Peter shares which credit cards he keeps in his wallet.
After his dog destroyed his favorite sweater, Peter begins to reflect on the opportunity cost of that $100 spent to replace it. He shares some insights about how to think about opportunity cost so you can make your money work toward your #1 goal.
Peter shares a simple but powerful formula for knowing how much to save to retire, and how much you can safely withdraw before you do, so you’re all set when you don’t need to work anymore.