He mentions having a huge pile of student loans and credit card loans to pay off due to having to finance his college years by himself. So while your general advice for buding wealth is correct, switching to mostly stock-based compensation probably isn't an option for him by the sound of his writings.
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You aren't doing it right then.
Switch to a mostly stock-based compensation. Capital gain is much better than employment income.
He mentions having a huge pile of student loans and credit card loans to pay off due to having to finance his college years by himself. So while your general advice for buding wealth is correct, switching to mostly stock-based compensation probably isn't an option for him by the sound of his writings.