Young high income earners have a unique opportunity to build wealth and reach financial independence relatively quickly. In this episode we discuss what they can do to make the most of their situation, and the traps to avoid.

Discussion points...

• The most important thing to consider (04:29)
• Making the most of your high income (09:35)
• The challenges high income earners may face (12:13)
• Dealing with expectations from other people (16:34)
• Should high earners invest using complex structures? (22:29)
• Self-employed workers chasing tax deductions (26:57)
• Deciding how to invest as a high income earner (30:26)
• Final thoughts (41:01)

Resources and stuff mentioned...

• How we track our investments: Sharesight
• Podcast: Superannuation and Early Retirement
• Podcast: Should You Pay Down Debt or Invest?
• Article: Debt Recycling - The Ultimate Guide

More from us...

• Pat's blog: Life Long Shuffle
• Dave's blog: Strong Money Australia
• Contact us with questions and feedback: fireandchillpod@gmail.com