Podcasts Business Investing Afford Anything Philip Taylor - Top 5 Financial Lessons PT Learned in the Past Decade

Philip Taylor - Top 5 Financial Lessons PT Learned in the Past Decade

Published: Dec. 26, 2016, 7 a.m.

#57: Philip Taylor, aka PT, is one of the most well-connected guys in the personal finance world. He\u2019s spent the past half-dozen years building tight relationships with some of the most influential authors and speakers in this space. Today he shares his top five money lessons learned over the past decade. PT shared several tactical tips, including: \xa0\xa0 \xa0\u2022\xa0\xa0 \xa0Buy term life insurance, rather than whole life. \xa0\xa0 \xa0\u2022\xa0\xa0 \xa0Focus on low-cost investing, such as passively-managed index funds. \xa0\xa0 \xa0\u2022\xa0\xa0 \xa0Automate your savings. \xa0\xa0 \xa0\u2022\xa0\xa0 \xa0Focus on income growth. \xa0\xa0 \xa0\u2022\xa0\xa0 \xa0View frugality as a discipline. It\u2019s not a means to an end; it\u2019s a lifestyle and a core value. For a full explanation of PT\u2019s 5 takeaways, visit http://affordanything.com/episode57\nLearn more about your ad choices. Visit podcastchoices.com/adchoices