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I’m a financial planner for high-earning tech workers, and there are 3 pieces of money advice they never want to hear

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Financial planner Chloe A. Moore mostly works with high-earning tech employees, but her money advice is useful for anyone earning an income.

Courtesy Chloe A. Moore
The author, CFP Chloe A. Moore. Courtesy Chloe A. Moore

By Chloe A. Moore

After spending over a decade working with retirees who have accumulated more money than they’ll need during their lifetimes, I transitioned to working with young professionals. Helping clients forge their way to financial independence when they’re starting from scratch comes with challenges, but it’s extremely rewarding.

I often tell clients that one of my jobs is to advocate for their current and future selves. Part of that job is telling them things they may not want to hear. Loathe them or love them, here are my top three nuggets of advice that receive the most pushback. If you’re serious about a path to financial independence, keep them in mind!

1. Watch your expenses

My clients are high-earning tech employees who receive generous cash bonuses and equity compensation in addition to their base salary. They’re often the first person in their family to earn this much money, so they have to use their income to build wealth.

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