This lesson is one of the most disagreed-with lessons in the course. The premise is, after a certain level of income, all spending goes to create a status identity. Another way to put it, after a certain level of income, all spending goes to getting approval from the people we want approval from and to feel a certain way about ourselves.

SOFF grad Jessica talks about setting a goal to hit financial independent in six years, at age 40. Now, six years later, at age 40, she hit it! She talks about how aligning her spending with her values (along with disciplined investing) has allowed her to reach her goal, and to set new financial goals.