Oh, come on. Visigothercize is the hottest thing right now: "burn! and loot! and turn! and burn!".

Seriously, this is good advice. A lot of young-uns have amazingly naive ideas about both how much money they will make but also how much money they get to keep. Like they will hear about making $70K and imagine that somehow that means that they could pay off, say, a $350K debt "in the order of 5 years" (obviously not thinking exactly 5). As opposed to the reality which is that they will be challenged to even service the interest on a $350K debt at that income level after their other expenses.

> Visigothercize is the hottest thing right now: "burn! and loot! and turn! and burn!".

I live in Santa Monica (just a little south of Malibu) and given the number of exercise/barre/yoga/soul cycle/equinox/pilates/crossfit places near me, I have to say: Visigothercize sounds like pure genius and I have no doubt it would IPO within a year or two.

"With ancient and time-tested techniques, we help you get in touch with your inner aggression and fear, channeling them into transformational life experiences."

> If they want to live in a 6000 sq ft house in Malibu, then they shouldn't get a degree in 5th Century Aerobics.

I mean if that's what they want, you might as well tell them to be born into another family because you'll never enough for that as a wage worker regardless of the degree.

Doctors and lawyers could afford a house in Malibu and they are wage workers.

The white collar professionals who can afford these types of areas are usually much more like entrepreneurs than individual practitioners of their craft.

And they have a relevant education.

If by afford you mean "take out a loan that will not be paid off until the property is underwater from global warming", sure.

There is no job that's kept pace with the growth of the economy, let alone the growth of the stock market.

At this point the smartest economic decision anyone can make is to invent cryosleep, build a modest nuclear reactor in their basement and wait for the year 3000 where compound interest would have made them the richest person in the world.

Not all doctors. Not all lawyers. Only the cream of the crop in those respective fields, and only after 20+ years in the field.

Of course, that assumes a normal mortgage, with no “payments go to interest only” or other malarkey.

But to be able to play at the top of the field you'll have to have attended something like Penn Law or Yale Medicine. SUNY Downstate won't cut it.

It's somewhat backwards in medicine. Many top grads stay in academics where the prestige is high but the pay is low. With the exception of elective plastics and dermatology, the highest earning physicians tend to be from middle of the road schools and work in rural areas after graduation (commonly from surgical sub-specialties).

It will, it’s just substantially harder. The ranks of partners at top law firms are much less prestigious than those of top law faculty. Academia cares more about prestige than basically any other sector of the economy. Even in medicine you have many, many tries at associating yourself with a high prestige institution throughout your career. If you studied at a toilet tier Caribbean medical school but ten years later you’re working at the Mayo Clinic no one will care about where you got your degree.

> Drop the "follow your dreams" rhetoric

The most important part of "follow your dreams" is to not let your imagination run away. You can get very close to what you want in life if you take a realistic perspective and understand basic finance.

Or even a modest 2000 sq ft house in the midwest for that matter