
The Pathless Path with Paul Millerd #132 Making Money Simple & Smart - Nick Maggiulli on blogging into a new career, writing for smart people, building relationships in the finance world, the lifestyle creep myth, dying with too much money, and money emotions
26 snips
Feb 6, 2023 AI Snips
Chapters
Transcript
Episode notes
Convert Costs To Time-Oriented Decisions
- Value your time when deciding marginal purchases by converting cost into per-use or hourly comparisons.
- Nick uses per-use math and hourly wage comparisons to justify paying more for convenience like direct flights or owning an e-bike.
Blogging Led To A Data Role At Ritholtz
- Nick met Ritholtz team, offered to analyze their data, and they hired him despite the risk.
- That hire let him combine a technical full-time role with his public writing and avoid compliance issues from his previous firm.
Ditch Jargon; Explain The Small Stuff
- Explain concepts plainly and avoid jargon to keep readers engaged.
- Nick insists on defining terms like basis points so smart readers still understand without being patronized.

