019 – Parkinson’s Law (BYOB Pt 2)
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019 – Parkinson’s Law (BYOB Pt 2)
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In this conversation, Kyle and Raymond discuss Parkinson's Law and its implications for personal finance. They explore the tendency to follow the herd and the importance of surrounding oneself with like-minded individuals who are going in the desired direction. They also discuss the three elements of Parkinson's Law: work expands to meet the time allowed, a luxury once enjoyed becomes a necessity, and expenses rise to equal income. They emphasize the need to whip Parkinson's Law daily and the benefits of storing wealth in Infinite Banking policies. The conversation concludes with a discussion on not taking oneself too seriously and the importance of ego and humility.
---Resources---
Becoming Your Own Banker (InfiniteBanking.org)
---Credits---
Kyle Reese: https://freedomfamilyfinance.net/contact
Raymond Ward: https://www.calendly.com/meet-with-ray-ward
Intro & Outro Music: Just like the Sun, by Bonkers Beat Club acquired through epidemic sound