Most Money Advice is Out of Order…

24 Jan 2026 · 1 min

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0:43

A single-speaker YouTube commentary by Dan Novaes that critiques and ranks common personal-finance advice using a "tier list" format. Items ranked: save 10% (A), cutting small habitual spending (discussed via lattes), avoid all debt (C — nuance: debt can scale but is risky), invest in yourself (S), own your time (S), build multiple income streams (A), and make money while you sleep/passive income (S). The speaker emphasizes prioritizing investing in yourself and owning time over purely cutting small expenses or blanket debt avoidance.

Chapters

Tier List Money Advice Save 10% of your income A tier it's important to always have a little bit of money saved because you never know when you want to invest in something or you need a little bit of money for a rainy day. Cut out lattes after caffeine is actually good for you. Avoid all debt. I'm going to say C tier because debt can actually be amazing for you to scale. However, it can be very dangerous at the same time. Invest in yourself S tier because you are your best investment. Own your time S tier because your attention and your time are your most important things that you own. Build multiple income streams A tier Having multiple income streams, as long as your time is appropriately managed is one of the most powerful things that you can do. Make money while you sleep S tier because if you are trading time for money, you always will have unlimited earning potential.