Help for Higher Earners w/ Rachael Camp #791

What does it mean to be rich? I think very few folks feel rich, even if they are doing really well for themselves. And oftentimes that’s due to the hedonic treadmill as we’re constantly moving the goalposts as to what it is that we think will make us happy. Most folks rarely feel like they simply have enough. But guess what- a lot of folks would be surprised to find themselves in the top 10% of earners in the US. And when you make a lot of money, or at least hope to, it takes a different approach to how you should handle your finances. That’s why we’re excited to be joined by Rachael Camp, owner of Camp Wealth, who is on a mission to help her clients build and preserve their wealth. As a Certified Financial Planner, Rachael not only knows the right moves to make with her money, but she’s actually doing it- she’s designed a financial life that allows her to prioritize the things that are important to her like a matcha tea ritual and snowboarding, by minimizing other expenses, all while advising clients who make upwards of seven figures. Listen as we discuss Rachael’s history with the FIRE movement, delayed gratification, financial mistakes of higher earners, and much more!

 

Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances:

• Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here. 
• Sign up for the weekly HTM newsletter. It’s fun, free, & practical.
• Join a thriving community of fellow money in the HTM Facebook group.
• Find the best credit card for you with our new credit card tool!
• Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.

 

During this episode we enjoyed an All Citra Everything by Other Half Brewing. Please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!

 

Best friends out!

See omnystudio.com/listener for privacy information.