How should young people think about money and budgeting?

Budgeting early in life is about building the person capable of generating wealth.

“I always say there are two axes: human capital and financial capital,”

“The time you have when you are young should be invested in building human capital

Use budgeting to create priorities

Budgeting should function as a framework for prioritization rather than restriction

The exact percentages matter less than the broader principle:

Invest in yourself before obsessing over investments

The money you make today is basically the result of the investment you made in yourself years ago.

Build the saving muscle early

Budgeting early in life is about building consistency and financial discipline

Focus on income growth before investment optimization

“Your income and your time are your biggest assets in the beginning,”

Take more risks when you are young

Risk tolerance should naturally decline with age