Part 6/10:
When Minaj probed deeper into the rules outlined in Collins' book—focusing on what it means to spend less than you earn—Collins clarified that it is not about deprivation, and instead championed the idea of channeling savings toward financial freedom rather than consumerism. He emphasized that this approach does not negate enjoying life, but rather pushes for conscious spending.
The dialogue shifted toward investment—specifically the merits of investing in index funds like VTSAX, as a strategic decision that ensures ownership of a diverse basket of stocks instead of placing faith in the fluctuations of individual companies.