Rick Pino argues that not knowing how to scale income from $100k to $1M costs you $900,000 a year. He calls this the "ignorance tax" and says it's the most expensive cost in life.
Chapters
What's the number one most expensive thing in life? No, it's not taxes. No, it's not your mortgage. No, it's not your kids. It's ignorance. Check this out. So let's say you live here in America and you make $100,000 per year. Now a lot of people here in America would be like man, I would love to make $100,000 a year. But check this out, okay? How much is it costing you to not know how to make a million dollars a year? Okay, everyone's like well that hundred thousand, that's awesome. But check this out. It is literally costing you $900,000 if you make six figures. Okay? If you're making a hundred thousand dollars a year, it's literally costing you $900,000 per year every single year not knowing how to make a million dollars a year. So if you're done paying all that ignorance tax, you want to keep more of this hard earned cash in your pocket by increasing your financial literacy, stay plugged in here to the channel like and follow for more than.