The #1 Wealth-Building Rule Attorneys Ignore (Ep. 109)
For many law firm owners, achieving financial independence isn’t just about generating a high income; it’s about how you manage what you earn. Are you unconsciously sabotaging your wealth-building efforts by letting lifestyle inflation creep up on you? In this week’s episode of The Lawyer Millionaire Podcast, host Darren Wurz invites you to reconsider the foundation of your financial strategy with a focus on a crucial yet often ignored rule: Spend less than you make.
Darren discusses:
- How to combat lifestyle creep.
- The golden rule of financial success.
- Differences between real wealth and perceived wealth.
- Why you don’t need to build an 8 figure law firm to become a multi-millionaire.
- How to automate your savings as a non-expendable expense.
- Common societal pressures that encourage increased spending, and how can lawyers combat these pressures effectively?
Connect with Darren Wurz:
- Schedule a Call with Darren
- The Lawyer Millionaire Founders Network
- The Lawyer Millionaire: The Complete Guide for Attorneys on Maximizing Wealth, Minimizing Taxes, and Retiring with Confidence by Darren Wurz
- LinkedIn: Darren P. Wurz
- Join The Lawyer Millionaire Founders Network and Book Club for Free
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