Personal finance experts don’t get wealthy by following their own advice
I think this is a pretty good article, though I&#x27;d think that most financial gurus aren&#x27;t trying to lie, they&#x27;re just trying to give advice that&#x27;s feasible for a mass audience to try and learn.<p>To give an example; the article mentions Dave Ramsey talking down to his callers and giving generic advice such as cutting up your credit cards. I don&#x27;t follow Ramsey too closely and can&#x27;t read his mind, but I&#x27;d bet he&#x27;s optimizing his advice for the least common denominator within a mass audience of financially troubled people. A small percentage of financially desperate people would hear great advice about credit cards (only use cards to buy stuff you have 100% of the cash for, and pay them back instantly to get some cash and rewards back) and not internalize that as something like (it&#x27;s okay to keep using my card because I&#x27;m getting money back as long as I try and pay my bill every month). For a mass audience, the safest advice on credit cards that might make an impact is to just tell everybody with a financial problem to stop using them. On an individual level, a financial expert can probably give better advice that&#x27;s more suitable.<p>If I had to give 1 bit of general financial advice though: develop your talent stack. It doesn&#x27;t matter if it&#x27;s learning a new programming language, wood-working, learning to fix cars or toilets, taking a foreign language class, learning how to paint, or growing a great garden. If you have multiple skills you have more opportunities to make money as well as combining those skills in unique ways to create new business ideas and concepts. And baring some health issue, nobody can ever take a skill away from you.