#254 – Getting Rich, Designing Your Life Afterwards, and Risk Management with Arvid Kahl and Daniel Vassallo

What's up, everybody? This is Cortland from ndhackers.com, and you're listening to the Indie Hackers podcast. More people than ever are building cool stuff online and making a lot of money in the process. And on this show, I sit down with these indie hackers to discuss the ideas, the opportunities, and the strategies they're taking advantage of so the rest of us can do the same. Okay. We're here with Arvid Kaul and Daniel Vassalo, two indie hackers who've been on the show before. They're both very successful. They both made a lot of money doing I guess, following two very different paths. And I would say they're both great audience builders and teachers who have big followings on Twitter. And right now, we're in the middle of talking about inflation, which I know literally nothing about. But, Daniel, you had a really funny tweet about inflation recently where you talked about how inflation can't hurt you if you just avoid the red things on this graph. And you shared kind of that classic graph of how prices have changed over time, and the red things have gotten more expensive over the last twenty years, like textbooks, college, tuition, health care, housing, and food. And the blue things have gotten cheaper over the last twenty years, like electronics, TVs, cell phone service cars, etcetera. So is this what you're doing, Daniel? Are you just, avoiding inflation by avoiding the red things? Oh, I mean, it was it was mostly a joke, obviously. Like you, I know almost nothing about inflation. But, you know, like many people I worry about because I have some savings and I don't want it to disappear. But I think, you know, it was 90% joke, but there's some truth to it because I think, you know, when we see these inflation numbers, 8% inflation year on year, I mean, that's an average of lots of things, and it doesn't apply to everyone the same, right? Depending on what you're spending money on, depending on what stage in your life you're in, depending on what you do, what you can avoid. For example, housing, you could if you if you manage to secure a house, buy a house, you have a mortgage, you're pretty much insulated from rising housing costs. So so and that's a usually a big, expense. Right? So I think it was something at least some food for our thoughts, but it was mostly a joke as well because some things you can certainly avoid, of course, you know, food. Yeah. That's all food is one of the bad things. Like, how do I avoid food? Well, I read that and I was like, so in other words, don't go to college, don't go to school, don't live in a house, just buy buy a computer and go live in a library. Yeah. Don't get sick. Don't go to the hospital. Well, but, I mean, on that topic, who who here has …