Podcast appearances and mentions of morgan housel

Six months into the Smile Tour, Mark parks himself inside Mysa Hus with a heavily highlighted copies of Buy Back Your Time and Psychology of Money, and he has a lot of thoughts about money, time, and why your inbox should not be your boss. He hits the big ideas from both Dan Martell and Morgan Housel, connects them to real moments from his career, and reminds everyone that a $10 million company was not built on $10 tasks. Consider this your permission slip to hire help, go to bed at 8:30, and stop letting your calendar run your life. Support the show - https://www.curiousbuilderpodcast.com/shop See our upcoming live events - https://www.curiousbuilderpodcast.com/events The host of the Curious Builder Podcast is Mark D. Williams, the founder of Mark D. Williams Custom Homes Inc. They are an award-winning Twin Cities-based home builder, creating quality custom homes and remodels — one-of-a-kind dream homes of all styles and scopes. Whether you're looking to reimagine your current space or start fresh with a new construction, we build homes that reflect how you live your everyday life. Sponsors for the Episode:  Pella Website: https://www.pella.com/ppc/professionals/why-wood/  Contractor Coalition Summit: Website: https://www.contractorscoalitionsummit.com/ Where to find the Host:  Website - https://www.mdwilliamshomes.com/  Podcast Website - https://www.curiousbuilderpodcast.com Instagram - https://www.instagram.com/markdwilliams_customhomes/  Facebook - https://www.facebook.com/MarkDWilliamsCustomHomesInc/  LinkedIn - https://www.linkedin.com/in/mark-williams-968a3420/  Houzz - https://www.houzz.com/pro/markdwilliamscustomhomes/mark-d-williams-custom-homes-inc

Work with Paul: Schedule a 30-minute conversation What happens when you spend all your patience at work and come home with nothing left for the conversations that actually matter? If you're a senior professional managing a demanding career and a growing family, you know this tension. You hold complexity all day. By evening, you're running on fumes. Today, I unpack Morgan Housel's idea of saving like a pessimist and investing like an optimist, and why the real challenge for busy parents isn't choosing between optimism and pessimism. It's having the energy left to hold both at the same time when it counts. I share a personal confession about becoming more patient with my TAMMA families and less patient with my own family, and what that pattern looks like in the dual-income households I work with every day. This week's action step: before your next financial or logistical conversation at home, ask yourself whether you're showing up with the patience it deserves, or whether you're running on what's left. If it's fumes, reschedule. The conversation matters too much to rush. Connect with Paul If you're a working parent juggling a senior-level career and a growing family, and are tired of coordinating four different advisors to run your financial life, I do complimentary 30-minute conversations. Schedule one here. For resources discussed in this episode, visit tammacapital.com/podcast. Follow Paul on LinkedIn. Resources Featured in This Episode: Staying the Course: How Long-Term Investing Builds Wealth Through Market Cycles Funded Contentment: Am I Going to Be Okay? Case Study: How A Growing Family Designed a Wealth Management Plan for Now and for Life

ข้อความโพสต์จาก Morgan Housel ได้เขียนข้อความไว้ว่า "ถ้าความคิดเห็นของคุณคือหนึ่งในหัวข้อใดหัวข้อหนึ่ง มันสามารถคาดการณ์ได้จากความคิดเห็นว่าอะไรคือสิ่งที่เป็น คุณอาจจะนำอุดมคตินึงมา เมื่อคุณคิดได้ว่าอะไรคือสิ่งที่คุณควรคาดหวังต่อตัวคุณเอง แต่บทสรุปของคุณนั้นไม่สามารถคาดการณ์ได้เลย @kevin2kelly" - ความคิดเห็นนึงที่ถูกหยิบขึ้นมา มันเป็นเพียงกระแสและสายใยของสัจธรรม - ไม่ใช่ทุกคนจะยอมรับความจริงได้ แน่นอนว่าความจริงมันเจ็บปวด แต่การไม่ยอมรับความจริงเจ็บปวดมากกว่า - ไม่ใช่ทุกทางจะเป็นทางที่ถูกต้องเสมอไป เราจะต้องสังเกตทิศทางลมให้ได้ว่า อะไรคือสิ่งที่ควรจะเป็นต่อไปจริง - อย่าให้ความคิดเห็นของเราถูกคาดการณ์ได้ทั้งหมด นั่นหมายความว่าการเป็นต่อของชั้นเชิงน้อยลงอย่างเห็นได้ชัด - ทั้งนี้ ยอมรับสิ่งที่เป็นอุดมคติแล้วเดินหน้าต่อไป ไม่มีอะไรที่เราจะต้องกังวลไปมากกว่าความเห็นที่เอามาจากคนอื่น

Work with Paul: Schedule a 30-minute conversation  Have you ever looked at where your money actually goes and felt a little uncomfortable? Not because you were irresponsible — but because the numbers didn't match the values you'd say out loud? That gap is what this episode is about. Morgan Housel draws a line between the science of spending and the art of spending. The science is teachable — budgets, bargains, automation. The art is harder: figuring out whether your spending reflects who you actually are or who you've been conditioned to be. I share what I've seen with clients and what I've lived in my own household — and why the most important financial question isn't 'how much' but 'what for.' Before your next few purchases this week, pause and ask: does this reflect what I actually value, or what I'm trying to signal? You don't need to change anything yet. Just notice what the answer tells you. Connect with Paul If you're a working parent juggling a senior-level career and a growing family, and are tired of coordinating four different advisors to run your financial life, I do complimentary 30-minute conversations. Schedule one here. For resources discussed in this episode, visit tammacapital.com/podcast. Follow Paul on LinkedIn. Resources Featured in This Episode: Optimize Your Spending to Increase Your Happiness Aligning Personal Interests with Financial Objectives

↴    ↴    ↴Minicurso GRATIS de 7 lecciones por email aquí. En este podcast te resumo las tres grandes lecciones del libro "Lo que nunca cambia de Morgan Housel", autor del bestseller "La psicología del dinero". Descubrirás los principios humanos que, según Housel, se mantienen intactos a lo largo del tiempo y que te ayudarán a invertir mejor, gestionar el riesgo y tomar decisiones más inteligentes.Te explico quién es Morgan Housel, por qué sus ideas sobre la psicología del dinero son tan influyentes y qué podemos aprender de su forma de pensar sobre la incertidumbre y el comportamiento humano. Comprenderás por qué entender lo que nunca cambia es más útil que intentar predecir el futuro.Además, veremos por qué construir una cartera diversificada, con una buena gestión del riesgo y un horizonte de inversión a largo plazo, es fundamental para lograr estabilidad financiera. También te contaré cómo los roboadvisors pueden ayudarte a invertir de forma sencilla y eficiente.Y finalmente, hablaremos de una de las enseñanzas más poderosas del libro: hay cosas que solo se aprenden con la experiencia. Aprenderás por qué vivir una crisis financiera o ver tus inversiones caer puede enseñarte más que cien lecturas teóricas. Prepárate para descubrir por qué "Lo que nunca cambia" es uno de los libros más valiosos sobre inversión y psicología financiera de los últimos años.

#279: Learn to handle market volatility and build long-term wealth in a world dominated by AI disruption, market fear, inflation concerns, and nonstop financial noise. Chris and Ben discuss why investing remains psychologically difficult, how to think about global diversification, when to reevaluate your portfolio, and the risks most investors still overlook. Ben Carlson is the Director of Institutional Asset Management at Ritholtz Wealth Management and the author of five books on investing, including his newest, Risk and Reward. He's the creator of the blog A Wealth of Common Sense and co-host of the Animal Spirits podcast. Link to Full Show Notes: https://chrishutchins.com/risk-market-volatility-ben-carlson Partner Deals Thrive Market: ⁠30% off your first order of organic groceries + a free $60 gift Upwork: ⁠Free job posting to find, hire, and pay top freelance talent DeleteMe: ⁠20% off removing your personal info from the web Superhuman: ⁠Free month of the fastest and best email with code ALLTHEHACKS Gelt: ⁠Skip the waitlist on personalized tax guidance to maximize your wealth For all the deals, discounts and promo codes from our partners, go to: ⁠chrishutchins.com/deals Resources Mentioned Ben Carlson: Website | X Book: Risk and Reward Podcast: Animal Spirits A Longer Life Can Lead to Financial Concerns, and More Questions The Millionaire Next Door by Thomas Stanley and William Danko Roger Federer's 2024 Dartmouth Commencement Address ATH Podcast #128: The Psychology of Money with Morgan Housel #174: Secrets of Success in Life and Work with Legendary Silicon Valley Investor Andy Rachleff Newsletter Leave a review: Apple Podcasts | Spotify Email for questions, hacks, deals, and feedback: podcast@chrishutchins.com Full Show Notes (00:00) Introduction (00:49) Why Investing Is Still So Hard for Most People (01:37) How Today's Media Makes Markets Feel Scarier Than Ever (02:51) The Core Idea Behind Ben's New Book (05:10) What Japan's Lost Three Decades Teach Long-Term Investors (08:50) Why You Need Exposure Beyond Your Home Market (10:18) Will AI Reshape Global Markets or Just U.S. Stocks? (14:01) Could a Dot-Com-Style Crash Happen Today? (15:57) Why AI Could Still Trigger the Next Bubble (17:57) Focus on What You Can Control, Not What You Can't (19:16) The Worst-Case Inflation Scenario of the 1970s (21:47) How to Think About Inflation in Today's Economy (23:36) The Inflation Hedges Most People Already Have (26:58) How to Filter the Noise and Stay Long-Term (33:31) The Penalty Kick Study and Why We Hate Doing Nothing (35:08) When It's Actually Time to Reevaluate Your Plan (36:49) Planning Your Career and Money for an AI Future (43:33) Why Optimism Is a Long-Term Investing Edge (47:25) The Tax Alpha Most Investors Are Missing (50:05) Applying These Lessons Closer to Retirement (51:53) The Risks Most Investors Forget to Plan For (56:50) The First Move to Rethink Your Risk Profile Tonight (59:42) Where to Find Ben and His New Book Connect with Chris ⁠⁠Newsletter⁠⁠ | ⁠Membership⁠⁠ | ⁠X⁠⁠ | ⁠Instagram⁠⁠ | ⁠LinkedIn⁠⁠ Editor's Note: The content on this page is accurate as of the posting date; however, some of our partner offers may have expired. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post. Learn more about your ad choices. Visit megaphone.fm/adchoices

ข้อความโพสต์จาก Morgan Housel ได้เขียนข้อความไว้ว่า "มังเกอร์ในอดีตเขามักจะค้นหาการลงทุนที่ยอดเยี่ยมได้เพราะ มันไม่เคยง่าย แล้วมันจะยากขึ้นกว่าเดิมอีก" - การเลือกลงทุนที่ยอดเยี่ยมมันไม่เคยง่ายเลย แล้วหนทางนั้นยากกว่าที่ผ่านมาอย่างแน่นอน - โจทย์ของชีวิตก็คือการปรับตัวเพื่อที่จะเรียนรู้ว่า อะไรก็ตามในชีวิตที่ทำอยู่มันจะยากขึ้นตามลำดับ - สิ่งที่ง่ายที่สุดก็คือ ถามคนอื่นว่าหุ้นตัวไหนดี แล้วให้คนอื่นคิดให้ ซึ่งความเป็นจริงไม่ใช่เป็นแบบนั้นเลย - เมื่อสายตาของเราเลือกมองอะไรง่าย ๆ ชีวิตเราก็จะมักจะคิดอะไรง่าย ๆ โดยที่เราไม่รู้ว่าอะไรคือสิ่งที่ดีต่อชีวิต - กว่าจะมาเป็นเซียนหุ้น เราต้องบ่มเพาะทั้ง อดทน วินัย สติปัญญา รวมถึงเวลาที่เราใช้ไปในแต่ละวันกับอะไร

America is richer than ever. Unemployment is low. Wages are high. According to traditional metrics, the economy looks strong. So why are Americans feeling so bad? Today, Derek talks with bestselling author Morgan Housel and journalist David Wallace-Wells about what Derek calls the “Tragic Twenties”: the strange and sudden collapse in American happiness that began during COVID and never really stopped. What's behind the country's emotional downturn? Inflation and the lingering psychological effects of the pandemic are certainly part of the story. But so are collapsing trust in institutions, rising social isolation, the negativity feedback loop of social media, and the feeling that we're living through one crisis after another. Derek, Morgan, and David unpack why the wealthiest society in history still feels deeply adrift and what this happiness recession says about the future of American life. Subscribe to our YouTube channel here: https://www.youtube.com/@PlainEnglishwithDerekThompson If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. Host: Derek ThompsonGuests: Morgan Housel and Derek Wallace-WellsProducer: Devon BaroldiAdditional Production Support: Ben Glicksman Links: https://www.derekthompson.org/p/if-americas-so-rich-howd-it-get-so Learn more about your ad choices. Visit podcastchoices.com/adchoices

En esta ocasión, nos acompaña un invitado de lujo, el economista y consultor Jesús Palacios, para poner la lupa sobre uno de los temas que más ha generado ruido en las últimas semanas: el ajuste del ingreso mínimo. La "bonificación" del sueldo: Analizamos por qué el gobierno decidió aumentar los bonos en lugar del salario base y cómo esto afecta (o protege) las estructuras de costos de las empresas y el sector público.El drama de los pensionados: Conversamos sobre la cruda realidad de nuestros adultos mayores, quienes reciben ingresos que apenas cubren una fracción mínima de la canasta básica. ¿Es hora de hablar de un sistema de capitalización privada (AFP) en Venezuela?La camisa de fuerza legal: Discutimos por qué la Ley Orgánica del Trabajo de 2012, diseñada para "proteger", hoy es el principal obstáculo que impide que los salarios base puedan subir de forma sostenible.¿Hay razones para ser optimistas?: A pesar de todo, vemos señales de cambio. Hablamos sobre el aumento de la producción petrolera, la estabilización cambiaria y por qué creemos que este 2024 puede ser un punto de inflexión para el país.Píldora

Being a founder has always meant dreaming big while keeping a close eye on potential trip-ups, and in the age of AI, finding and maintaining that balance is more important than ever.Today, Yaniv Bernstein talks about the importance of getting that balance right. Using deep insight and decades of industry experience, he discusses why now is the time for founders to be more ambitious than ever before - while identifying threats to success and keeping a keen, near-paranoid eye on them.In this episode, you will:Understand why ‘paranoid optimism' has always been the founder superpower, and why AI has made it more essential than everLearn why tokens are ‘the new oil' and how the ‘token OPEC' is already exerting price and product leverage over every AI-native startupExplore Garry Tan's ‘boil the lake' concept and why early-stage founders can now afford to be more ambitious in scope than ever beforeFind out why startups have a bigger speed advantage over incumbents than at any time in history, and how to actually use itDiscover how foundation model providers like Anthropic, OpenAI, and Google can wipe out entire startup categories without ever deliberately competing with youTimestamps00:00 Coming Up00:59 On Today's Show: Paranoid Optimism01:27 Surviving as a Baby Turtle03:00 Risks of Pure Optimism05:24 A Herd of Thundering Elephants07:44 Magic Elephants09:50 3 Shifts: Compression, Leverage and Startup Advantage12:54 YC's Garry Tan & 'Boiling The Lake'15:38 Why Be Paranoid?15:52 AI Risks Category Collapse18:13 Anthropic, Google and OpenAI: The OPEC of Tokens19:51 Identity Collapse21:54 How to Operate As Paranoid Optimist21:59 1. Holding Strong Priors and Updating Fast23:31 2. Architecting For Escape25:57 3. Stay Closer To The Problem Than The Solution28:13 Closing ThoughtsResources mentioned in this episode'Same As Ever' by Morgan Housel: https://www.amazon.com/Same-Ever-Guide-Never-Changes/dp/0593332709Last week's episode - Same As Ever: 7 rules that HAVEN'T changed about building great startups (w/ Amir Shevat): https://www.tsp.show/same-as-ever-7-rules-that-havent-changed-about-building-great-startups-w-amir-shevat/Previous episode - 'Unlearning' with Yaniv: Why founders need to rewrite outdated, radioactive mindsets: https://www.tsp.show/unlearning-with-yaniv-why-founders-need-to-rewrite-outdated-radioactive-mindsets/Garry Tan's 'Boil the Ocean' blog post: https://garryslist.org/posts/boil-the-oceanVera, Yaniv's current startup: https://vera.guide/ The PactHonor the Startup Podcast Pact! If you have listened to TSP and gotten value from it, please:Follow, rate, and review us in your listening appSecure your official TSP merchandise at https://shop.tsp.show/Follow us here on YouTube for full-video episodes: https://www.youtube.com/channel/UCNjm1MTdjysRRV07fSf0yGgGive us a public shout-out on LinkedIn or anywhere you have a social media followingKey linksThis episode of the Startup Podcast is sponsored by .tech domains. Forget weird prefixes and creative misspellings; the availability for .tech domains is simply way better than .com. For a clean name that highlights your tech credentials, get a .tech domain at your favorite registrar.The Startup Podcast website: https://www.tsp.show/episodes/Learn more about Chris and YanivWork 1:1 with Chris: http://chrissaad.com/advisory/Follow Chris on Linkedin: https://www.linkedin.com/in/chrissaad/Follow Yaniv on Linkedin: https://www.linkedin.com/in/ybernstein/Producer: Justin McArthur https://www.linkedin.com/in/justin-mcarthurAssistant Producer: Steph Hefferan https://www.linkedin.com/in/steph-heff/Intro Voice: Jeremiah Owyang https://web-strategist.com/

Morgan Housel is the bestselling author of The Psychology of Money, Same As Ever, and The Art of Spending Money. At our recent Motley Fool member event, Senior Vice-President of Rule Breakers strategy Brian Richards sat down with Morgan for a conversation about how the AI boom is intersecting with human psychology and investing.  Host: Brian Richards Guest: Morgan Housel  Producer: Bart Shannon, Mac Greer Disclosure: Advertisements are sponsored content and provided for informational purposes only. The Motley Fool and its affiliates (collectively, “TMF”) do not endorse, recommend, or verify the accuracy or completeness of the statements made within advertisements. TMF is not involved in the offer, sale, or solicitation of any securities advertised herein and makes no representations regarding the suitability, or risks associated with any investment opportunity presented. Investors should conduct their own due diligence and consult with legal, tax, and financial advisors before making any investment decisions. TMF assumes no responsibility for any losses or damages arising from this advertisement.We're committed to transparency: All personal opinions in advertisements from Fools are their own. The product advertised in this episode was loaned to TMF and was returned after a test period or the product advertised in this episode was purchased by TMF. Advertiser has paid for the sponsorship of this episode.Learn more about your ad choices. Visit ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

She moved to the U.S. at 18, taught herself English, and built her legal career from the ground up. The Lawyer Stories Podcast Episode 264 features Kseniya Stupak, Partner at Strongin LLP in Southern California. Originally from Sevastopol, Ukraine, Kseniya's journey is one of resilience, discipline, and relentless drive. From learning a new language to navigating law school and the legal profession, she committed herself to becoming the best version of who she could be. Today, she represents individuals and families in catastrophic injury, complex personal injury, and mold-related cases - work that demands both precision and compassion. Kseniya brings a powerful combination of trial experience, personal grit, and a deep understanding of what her clients are going through during some of the most difficult moments of their lives. This is a conversation about perseverance, accountability, and building a career with purpose. This episode is also sponsored by Grow or Die with John Morgan. For the first and only time, John Morgan will take the stage in Las Vegas to lay out how he achieved explosive, long-term dominance and legacy. No fluff. No theory. No motivational garbage. Join firm leaders from across the country at the Wynn Encore on June 9–10 for two days of CLE-accredited sessions focused on building your firm for the next 10, 20, even 30 years. Featuring an elite lineup including John Morgan, Brian Panish, Matt Morgan, Morgan Housel, Dan Martell, and more - covering litigation strategy, financial management, team building, and long-term growth. Tickets are fully refundable until June 1, 2026, with group discounts available. Use code STORIES20 and learn more here: https://events.themorganconnection.com/growordiewithjohnmorgan/lawyerstories This episode presented by CallRail Integrated into your case management system, CallRail helps you: Capture every call - even after hours Spot high-value leads instantly Respond faster Get the insights you need to bring in bigger cases Join over 3,000 law firms using CallRail to follow up faster, land bigger cases, and drive growth for your firm. Start your free trial at https://www.callrail.com/legal-services?utm_medium=influencer&utm_source=lawyer-stories

Between AI shaking up the industry, geopolitical upheaval, and unpredictable capital, being a founder has never been more confusing.So what advice, if any, is still relevant?In this episode, Yaniv Bernstein is joined by Amir Shevat (Silicon Valley developer platform veteran and now General Partner at Darkmode Ventures) to answer exactly that. Focusing on what isn't changing rather than what is, Amir walks through seven truths of startup building that have become more important in the age of AI.In this episode, you will:Discover why AI-generated sales outreach is backfiring, and why authenticity, proof of effort, and in-person events are becoming the gold standardExplore the "founder tar pit" of bad markets, and the simple questions that reveal whether yours is one to run fromLearn why design in 2026 is about putting positive interactions and emotions first, and how to prioritize these effectivelyTimestamps00:00 Coming Up…01:07 Guest Intro: Amir Shevat02:36 On Today's Show: 7 Timeless Truths04:34 Jeff Bezos and the 'Same As Ever' Mindset08:19 Rule 1. Hire The Right Team10:15 How AI Raises The Bar14:26 Rule 2. A Delightful User Experience16:27 Conversational Interfaces18:07 Why You Should Design For Emotions24:20 Rule 3. Hustle Still Wins26:05 The Return of Authentic Selling28:09 Landing Your First Customers28:50 Rule 4. Build Real Moats30:48 Mongol Hordes: Is 'Execution Speed' A Moat?33:00 'Thick' Product Advantage33:39 Rule 5. Vision Beats TAM38:07 Rule 6. Choose Great Markets42:34 Rule 7. Build An Unfair Advantage47:10 Recap and Closing ThoughtsResources in this episode:Darkmode Ventures (Amir's early-stage fund): https://www.darkmode.vc/Amir Shevat on LinkedIn: https://www.linkedin.com/in/amirshevat/Designing Bots: https://www.oreilly.com/library/view/designing-bots/9781491974810/Working Backwards by Colin Bryar and Bill Carr: https://www.amazon.com/Working-Backwards-Insights-Stories-Secrets/dp/1250267595Same as Ever by Morgan Housel: https://www.amazon.com/Same-Ever-Guide-Never-Changes/dp/05933327092012 re:Invent Day 2: https://www.youtube.com/watch?v=O4MtQGRIIuAThe Pact Honor the Startup Podcast Pact! If you have listened to TSP and gotten value from it, please:Follow, rate, and review us in your listening appSubscribe to the TSP Mailing List to gain access to exclusive newsletter-only content and early access to information on upcoming episodes: https://thestartuppodcast.beehiiv.com/subscribe Secure your official TSP merchandise at https://shop.tsp.show/ Follow us here on YouTube for full-video episodes: https://www.youtube.com/channel/UCNjm1MTdjysRRV07fSf0yGg Give us a public shout-out on LinkedIn or anywhere you have a social media followingKey linksThis episode of the Startup Podcast is sponsored by .tech domains. Forget weird prefixes and creative misspellings; the availability for .tech domains is simply way better than .com. For a clean name that highlights your tech credentials, get a .tech domain at your favorite registrar.This episode of the Startup Podcast is sponsored by Vanta. Vanta helps businesses get and stay compliant by automating up to 90% of the work for the most in demand compliance frameworks. With over 200 integrations, you can easily monitor and secure the tools your business relies on. For a limited time offer of US$1,000 off, go to ⁠⁠⁠⁠https://⁠www.vanta.com/tsp⁠⁠⁠⁠⁠Get your question in for our next Q&A episode: https://forms.gle/NZzgNWVLiFmwvFA2A The Startup Podcast website: https://www.tsp.show/episodes/Learn more about Chris and YanivWork 1:1 with Chris: http://chrissaad.com/advisory/ Follow Chris on Linkedin: https://www.linkedin.com/in/chrissaad/ Follow Yaniv on Linkedin: https://www.linkedin.com/in/ybernstein/Producer: Justin McArthur https://www.linkedin.com/in/justin-mcarthurAssistant Producer: Steph Hefferan https://www.linkedin.com/in/steph-heff/Intro Voice: Jeremiah Owyang https://web-strategist.com/

If you've ever felt stressed, confused, ashamed, or behind when it comes to money, this episode is for you.  Whether you're living paycheck‑to‑paycheck, trying to pay off debt, building credit, wondering how you'll ever afford a home, or doing “okay” but still feeling anxious about the future, this episode will show you exactly what to do next.  This episode delivers the most important money advice you need to hear right now.  It will teach you the 4 essential rules of money - the skills no one ever taught you, but everyone needs to build financial freedom.  And it's your guide to taking control of your money: how to make it, how to save, and how to invest no matter where you're starting from.  And it's not about how much you earn. It's about learning how money actually works - so you can stop feeling overwhelmed and start feeling calm, capable, and in control.  Today, Mel shares the best money advice from four of the most trusted and influential experts in personal finance.  Tiffany Aliche, known as The Budgetnista, is a New York Times bestselling author who has helped millions of people save money, manage their finances, and pay off massive amounts of debt.  David Bach is a 10‑time New York Times bestselling author and the creator of The Automatic Millionaire, who will show you how small, automatic daily habits can turn into millions over time.  Ramit Sethi is a New York Times bestselling author, the creator of I Will Teach You to Be Rich, and the host of Netflix's How to Get Rich, is going to simplify money into four clear buckets.  Morgan Housel is the bestselling author of The Psychology of Money and one of the most respected financial thinkers in the world, and today he will help you understand the emotional and psychological forces that drive financial decisions. In this episode, you'll learn: - The 4 money rules that determine whether you build wealth or stay stuck - no matter what you earn - The #1 mistake that's quietly keeping people broke - How to stop guessing where your money is going and finally take control - The simple habits that make saving, spending, and investing feel easier - Why you can start feeling better about your life before you're debt‑free - How small daily decisions can turn into massive long‑term wealth - The mindset shift that instantly reduces money stress  After listening, you'll walk away with a clear plan, a healthier relationship with money, and the confidence to make smarter financial decisions starting today. This is simple, practical, and research‑backed financial advice that actually works. If you're ready to stop feeling overwhelmed and start taking control of your financial future, this episode is where it begins. If you loved this episode, you'll definitely want to listen to the full conversations with each of the financial experts you heard from today: Tiffany Aliche: 5 Rules of Money: How to Make It, Save It, & Be Smarter About It Rami Sethi: You've Got Money All Wrong: A Step by Step Guide to Living a Rich Life David Bach: The #1 Money Habit That Sets You Up for Financial Freedom Morgan Housel: The Best Financial Advice You'll Ever Hear For more resources related to today's episode, click here for the podcast episode page.   Connect with Mel:     Order Mel's new product, Pure Genius Protein Get Mel's newsletter, packed with tools, coaching, and inspiration. Get Mel's #1 bestselling book, The Let Them Theory Watch the episodes on YouTube Follow Mel on Instagram  The Mel Robbins Podcast Instagram Mel's TikTok  Subscribe to SiriusXM Podcasts+ to listen to new episodes ad-free Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

This week's blogpost - https://bahnsen.co/4sIiJ3H On the Thoughts On Money Podcast, hosts Blaine Carver and Brett Bone Cutter talk with Director of Financial Planning Matt Gregory about his article “Room for Life,” inspired by running in New York City and Morgan Housel's The Psychology of Money. Gregory explains the need to balance detailed modeling with the reality of uncertainty, using conservative assumptions (often planning to age 100) to create flexibility so plans can absorb pivots without falling apart. He shares his personal pivots from musical theater at NYU into finance, emphasizing that planning is both technical and relational storytelling. The discussion covers helping both technical and narrative-minded clients, avoiding “Armageddon” planning while building margin, using scenario ranges to provide clarity, and viewing the financial plan as a launchpad for tax, savings, and other decisions. They also stress estate planning as completing the picture—aligning assets with family and charitable goals and updating plans as life changes. 00:00 Podcast Welcome 00:37 Room for Life Origins 03:12 Matt's Career Pivot 06:06 Storytelling in Planning 08:40 Different Client Mindsets 10:01 Room for Life Reframed 11:42 Expect the Unexpected 13:36 Optimism vs Pessimism 15:36 Three Scenario Planning 17:14 Clarity and Client Questions 19:29 Puzzle Framework for Plans 21:23 When Clients Resist Planning 22:32 Plans Spark Motivation 23:01 Planning Launchpad Topics 24:24 Fixing Fragile Plans 26:39 Budgeting Styles That Fit 28:05 False Precision Reality 30:30 Golf Shot Planning Analogy 31:47 Estate Planning Completes Plan 35:34 Evolving Estate Plans 39:05 Mortgage Planning Perspective 40:48 Advice Over Transactions 42:46 Final Takeaways Wrap Links mentioned in this episode: http://thoughtsonmoney.com http://thebahnsengroup.com

Morgan Housel is not just an author; he's a financial philosopher, an alchemist of understanding who transforms complex financial concepts into relatable human narratives. With a staggering 11 million books sold worldwide and translations into over 60 languages, Morgan's brilliance lies in his unique ability to unpack the intricate dance between human behavior and financial success, offering unparalleled insights that resonate deeply with business leaders and entrepreneurs alike.Takeaways:The Power of Storytelling in Finance: Housel emphasizes that effective financial communication lies in compelling stories, making concepts memorable and relatable, far beyond the dry memorization of formulas.Redefining Financial Goals: He advocates for an inward-focused assessment of financial goals, distinguishing between genuine happiness and the social hierarchy-driven pursuit of more, encouraging listeners to define success on their own terms.Quiet Compounding for Lasting Success: Housel introduces the concept of "quiet compounding," highlighting that financial success often stems from a long-term, internal benchmark-driven approach rather than outward showmanship or fleeting achievements.Sound Bytes:"I always said this in my first book, The Psychology of Money, there are two topics that impact everybody, whether they like it or not, which are money and health. Like whether or not you're interested in those topics, those topics are interested in you and they will have a profound impact on your life.""If I could tell a cool story, that was A, it was timeless. And an article that was relevant yesterday might be relevant 20 years from now. And like, man, there's incredible value in that and B, it was much less competitive with other people.""That's the goal. That right there is the goal. It's gratitude and contentment. And the idea of like, I'm only gonna be happier if I can anchor my gaze and my expectations on what other people have and I don't. That's the formula for perpetual misery."Connect & Discover Morgan:Instagram: @morganhouselWebsite: morganhousel.comPodcast: @themorganhouselpodcastX: @morganhouselBook: The Art of Spending Money

When money feels tight, it's not just your finances that suffer; your peace of mind does too. For most people, confusion around debt, savings, and investing leads to avoidance, poor financial choices, and constant overwhelm. In this final episode of The Money Reset series, presented by Experian, Hala Taha shares how to create immediate financial relief while building long-term stability. You'll hear insights from trusted voices like Suze Orman, Morgan Housel, and Jade Warshaw on how to move from financial stress to lasting financial peace. In this episode, Hala will discuss: (00:00) Introduction (01:13) Tiffany Aliche's Noodle Budget Baseline (02:42) Jade Warshaw's Financially Responsible Checklist (05:22) How to Sequence Debt Payoff Strategically (07:44) Saving vs. Debt Clearance: Which Comes First? (10:09) Why Fear Is Your Biggest Wealth Barrier (13:37) Using Money as a Life Tool, Not a Scorecard (15:46) What Financial Peace Actually Feels Like Experian is a global data and technology company that collects and analyzes financial data to help people and businesses understand and manage their finances. Through tools like subscription cancellation and bill negotiation, Experian scans linked accounts for recurring charges, helps cancel unused subscriptions, and works to find better rates on eligible bills. They help put money back in your pocket. Get started with the Experian App today. See experian.com for details. Sponsored By: Experian: Put money back in your pocket by canceling unwanted subscriptions and lowering eligible recurring bills. Get started with the Experian App. See experian.com for details. Resources Mentioned: YAP E259 with Tiffany Aliche: youngandprofiting.co/TAE259  YAP E299 with Jean Chatzky: youngandprofiting.co/E299  YAP E245 with Tori Dunlap: youngandprofiting.co/E245 YAP E200 with Suze Orman: youngandprofiting.co/E200  YAP E266 with Morgan Housel: youngandprofiting.co/4147SpO  YAP E380 with Jade Warshaw: youngandprofiting.co/JWE380  The Money Reset Series E1: youngandprofiting.co/TMRSEP1  The Money Reset Series E2: youngandprofiting.co/TMRS-E2  Active Deals - youngandprofiting.com/deals  Key YAP Links Reviews - ratethispodcast.com/yap YouTube - youtube.com/c/YoungandProfiting Newsletter - youngandprofiting.co/newsletter  LinkedIn - linkedin.com/in/htaha/ Instagram - instagram.com/yapwithhala/ Social + Podcast Services: yapmedia.com Transcripts - youngandprofiting.com/episodes-new  Disclaimer: This episode is a paid partnership with Experian. Sponsored content helps support  our podcast and continue bringing valuable insights to our audience. Entrepreneurship, Entrepreneurship Podcast, Business, Business Podcast, Self Improvement, Self-Improvement, Personal Development, Starting a Business, Strategy, Investing, Sales, Selling, Psychology, Productivity, Entrepreneurs, AI, Artificial Intelligence, Technology, Marketing, Negotiation, Money, Finance, Side Hustle, Startup, Mental Health, Career, Leadership, Mindset, Health, Growth Mindset, Personal Finance, Stock Market, Scalability, Investment, Financial Freedom, Risk Management, Financial Planning, Business Coaching, Finance Podcast

Dr. Michael Orkin is a statistics professor at Berkeley City College and a consultant known for his work on probability and gambling games. He is the author of several books, including The Story of Chance - What's Luck Got To Do With It?.Mentioned on the ShowRead The Story of Chance: Beyond the Margin of Error, by Michael Orkin: https://a.co/d/0gFTe7ohConnect with Dr. Mike Orkin on LinkedIn: https://www.linkedin.com/in/dr –mike –orkin –5600584O'Brien and Michael Orkin discuss several books including: Fooled by Randomness by Nassim Nicholas Taleb; The Black Swan by Nassim Nicholas Taleb; Beat the Dealer by Edward Thorp; Number Go Up by Zeke Faux; The Psychology of Money by Morgan Housel; The Talent WarTimestamps(00:00:00) – Michael Orkin, PhD joins O'Brien McMahon on People Business (00:01:55) – Why are we so uncomfortable with randomness?(00:02:38) – Where do we benefit from embracing randomness, and where should we fight for order?(00:12:54) – Why are we so bad at gauging probability?(00:15:30) – Should we stop talking in probabilities for complex things?(00:21:44) – How do we know if we are skilled or it's just chance (or luck)?(00:22:36) – Does luck play a role in success?(00:35:12) – Understanding the normal distribution curve(00:37:22) – How can companies think about elevating the talent that they have?(00:42:17) – What are the best ways to get feedback from our workforce or team?(00:44:18) – What would be the best way to get insightful information from large groups?(00:46:23) – The Lollapalooza story(00:49:24) – Where to find the book The Story of Chance: Beyond the Margin of Error, by Michael Orkin

You may have spent years (or even decades) building your expertise. But is any of it still relevant? And how much of it is an active detriment to your startup?In this special solo episode, Yaniv Bernstein delivers a no-guest monologue on the most critical skill any founder can develop right now: ‘unlearning'. Drawing on Morgan Housel's ‘Same as Ever'; real-world examples from his own startup, Vera; and frameworks for rebuilding beliefs from the ground up, Yaniv makes the case that obsolete knowledge is as bad as radioactive waste actively distorting your decisions. In this episode, you will:Understand why AI is making the half-life of expertise shorter than ever beforeLearn how the sunk cost fallacy stops founders from discarding knowledge that's causing more harm than goodDiscover why the identities you've built around your craft ("I am a programmer", "I am a copywriter") may be the single biggest barrier to adapting in 2026Find out what skills are actually worth holding onto, and how to combine them with the meta-skill of rapid adaptationLearn three practical mental models for unlearning: belief audits, first principles thinking, and systems thinkingTimestamps:00:00 Coming Up00:42 On Today's Show: Unlearning02:03 Morgan Hausel's Same as Ever04:13 When Knowledge Turns Toxic07:00 What Unlearning Means07:42 Why Unlearning Is Hard08:32 Sunk Cost Fallacy12:32 Identity Threat17:17 Redefining Expertise18:15 Meta Skills For Experts21:55 Auditing Your Beliefs24:14 First Principles Thinking25:21 Systems Thinking27:24 You Should: Make Time To Adapt28:14 You Should: Embrace Discomfort29:01 Closing ThoughtsResources mentioned in this episode:'Same as Ever: A Guide to What Never Changes' by Morgan Housel — the book Yaniv references throughout this episode on timeless principles of human behavior: https://www.amazon.com/Same-Ever-Guide-Never-Changes/dp/0593332709Naval Ravikant on identity — Yaniv attributes the idea of being cautious about taking on identities to Naval. Naval's writing and podcast appearances are a good starting point: https://nav.al The Pact Honor the Startup Podcast Pact! If you have listened to TSP and gotten value from it, please:Follow, rate, and review us in your listening appSubscribe to the TSP Mailing List to gain access to exclusive newsletter-only content and early access to information on upcoming episodes: https://thestartuppodcast.beehiiv.com/subscribe Secure your official TSP merchandise at https://shop.tsp.show/ Follow us here on YouTube for full-video episodes: https://www.youtube.com/channel/UCNjm1MTdjysRRV07fSf0yGg Give us a public shout-out on LinkedIn or anywhere you have a social media followingKey linksThis episode of the Startup Podcast is sponsored by .tech domains. Forget weird prefixes and creative misspellings; the availability for .tech domains is simply way better than .com. For a clean name that highlights your tech credentials, get a .tech domain at your favorite registrar.Get your question in for our next Q&A episode: https://forms.gle/NZzgNWVLiFmwvFA2A The Startup Podcast website: https://www.tsp.show/episodes/Learn more about Chris and YanivWork 1:1 with Chris: http://chrissaad.com/advisory/ Follow Chris on Linkedin: https://www.linkedin.com/in/chrissaad/ Follow Yaniv on Linkedin: https://www.linkedin.com/in/ybernstein/Producer: Justin McArthur https://www.linkedin.com/in/justin-mcarthurIntro Voice: Jeremiah Owyang https://web-strategist.com/#unlearning #psychology #Startups #TechStartups #Founder #TechBusiness #TheStartupPodcast

It’s pretty common to insure your home and auto, but is that truly enough to leave you covered? Donna and Nathan discuss umbrella insurance, how it works, and why so many financial professionals today consider it a key layer of protection. Also, on MoneyTalk, lessons from Morgan Housel’s acclaimed book, The Psychology of Money, and Stock Trivia: Two Truths and a Lie. Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®, CPWA®; Air Date: 3/26/2026; Original Air Dates: 1/11/2023 & 8/1/2024. Have a question for the hosts? Leave a message on the MoneyTalk Hotline at (401) 587-SOWA and have your voice heard live on the air!See omnystudio.com/listener for privacy information.

You've got to meet Dr. Erika Rasure. Not only is she an amazing financial therapist, but, get this, she dropped an obscure reference from The Office during the show. Instant new friend after that! She is Chief Financial Wellness Advisor at Beyond Finance and has a Doctorate in Personal Financial Planning. If you're as curious about that PhD program as I was, you can find the link below.   So join in this talk about… How do mental health and debt go hand-in-hand? What is a financial therapist? What is deep transformational coaching? What the heck is loud budgeting? How is she different from Dave Ramsey?   Find Erika at… LinkedIn- https://www.linkedin.com/in/erikarasure/  BeyondFinance.com https://www.beyondfinance.com/    Things mentioned in the show: Psychology of Money by Morgan Housel https://amzn.to/4upJFHb  Viktor Frankl's Man's Search for Meaning https://amzn.to/4uqskhs  Dave Ramsey https://amzn.to/40sH15R    --- Click here to change your life- http://eepurl.com/gy5T3T   Hit me up for a one-on-one brainstorming session- https://militaryimagesproject.com/products/brainstorming-session-1-hour    Check out my Linktree for different ways to rock your world! https://linktr.ee/ruggeddad    Check out the sweet Hyper X mic I'm using. https://amzn.to/41AF4px    Check out my best-selling books: Rapid Skill Development 101- https://amzn.to/3J0oDJ0 Streams of Income with Ryan Reger- https://amzn.to/3SDhDHg Strangest Secret Challenge- https://amzn.to/3xiJmVO This page contains affiliate links. This means that if you click a link and buy one of the products on this page, I may receive a commission (at no extra cost to you!) This doesn't affect our opinions or our reviews. Everything we do is to benefit you as the reader, so all of our reviews are as honest and unbiased as possible. #passiveincome #sidehustle #cryptocurrency #richlife

Financial independence isn't just about hitting a certain net worth or reaching a magic retirement number, it's a personal journey shaped by your habits, values, and the emotional baggage that money can carry. In this episode of the Financial Symmetry Show, we dig into Morgan Housel's "The Art of Spending Money," exploring the spectrum from financial dependence to independence.   The Financial Independence Spectrum The path to financial independence isn't a straight line, nor is it solely defined by the size of your bank account. You could have a net worth of $10 million, $20 million, or more and still be fully financially dependent—perhaps on an employer, a board, or circumstances outside your control.  Morgan Housel's framework outlines 15 levels of financial dependence and independence. Where you fall on this spectrum is shaped as much by your comfort zone, habits, and attitudes toward spending and saving as by your net worth. Someone making several million a year could feel just as constrained as someone living paycheck to paycheck if their spending or obligations keep them tethered to external demands.   The Psychology of Spending The art of managing your finances goes far beyond crunching numbers. It requires conscious reflection on your spending habits and your emotional relationship with money. This is where the idea of "money scripts" comes in—subconscious beliefs and habits inherited from our upbringing or past experiences. These scripts can keep us locked in certain behaviors, such as an aversion to debt or an urge to accumulate at all costs, even if we've "outgrown" the underlying need that sparked them. Moving up the independence scale may require challenging these scripts and redefining what financial comfort means to you.   Rethinking Wealth: The Value of Unspent Money A powerful theme from Housel's book is the idea that money you haven't spent still offers great value—freedom, flexibility, and the ability to shape your life according to your own terms. Unspent money isn't just idle; it buys intangible benefits like independence and control over your time. This view reframes common advice about spending more freely earlier in life or racing to pay off debts—even if it means missing out on long-term growth or flexibility. For many, retaining a mortgage at a low rate or holding investments for future choices can be as empowering as reaching zero debt. The key is striking the right balance between emotional comfort and financial efficiency.   Defining Your Independence The episode spends significant time unpacking levels 8–15 of Housel's spectrum—the stages where true autonomy takes shape. At these levels, you're free from the need for outside validation, able to avoid most debt, and no longer dependent on a paycheck to maintain your lifestyle. For some, a "slim" lifestyle and modest spending can deliver just as much security as a vast portfolio, while for others, continued work remains meaningful and fulfilling. At the highest levels, you possess "walk away money"—the resources to exit any situation, disagree respectfully, and pursue your own path without concern for financial repercussions. Define what you want your money to accomplish—not just for yourself, but for your family and community. Where do you fall on the dependence-to-independence spectrum? What would greater independence mean for your life, your family, and your legacy? Start by identifying your current level, reflect on the beliefs holding you back, and explore new, fulfilled ways of using your resources.   Outline of This Episode [00:00] Shifting perspectives on retirement spending [04:16] Understanding financial independence levels [08:24] Examining higher levels of independence [15:45] Facing financial fears in retirement [19:34] Rethinking spending habits and goals [20:26] Finding your current level and setting personal targets   Resources & People Mentioned The Retirement Podcast Network The Art of Spending Money: Simple Choices for a Richer Life by Morgan Housel   Connect With Chad and Allison https://www.financialsymmetry.com/podcast-archive/  Connect on Twitter @csmithraleigh @TeamFSINC Follow Financial Symmetry on Facebook   Subscribe To This Podcast   Apple Podcasts Stitcher Google Play  

Invertir no es un problema de información. Es un problema de comportamiento. En este episodio especial de Revolución de la Riqueza, converso con Morgan Housel, autor de The Psychology of Money, sobre lo que realmente determina el éxito financiero: cómo piensas, cómo reaccionas y qué decisiones tomas en momentos de incertidumbre. Hablamos de: Por qué la volatilidad es el precio de invertir, no un error del mercado La diferencia entre ser rico y tener riqueza Cómo la psicología, el ego y el FOMO afectan tus decisiones Por qué la inversión es un juego de décadas, no de meses El rol del cash, Bitcoin, real estate e index funds en una estrategia real También exploramos una idea clave:el dinero no compra felicidad, pero sí compra opciones, independencia y control sobre tu vida. Este episodio no es sobre qué comprar, es sobre cómo pensar. Si quieres construir criterio y tomar mejores decisiones en los mercados, esta conversación te va a dar un marco completamente distinto.

In this episode of the Wise Investor Segment, host Matty A breaks down the silent killer that destroys more wealth than bad deals and bad markets combined: ego.Through the tale of two contrasting investors during the 2008 financial crash, Matty A reveals why the individuals who survived and thrived weren't necessarily the smartest or most well-connected. The true survivors were those willing to check their egos at the door, downsize their lifestyle, cut overhead, and get liquid early before they were forced to do so .What We Cover:The 2008 Reality Check: The story of "Mike and Dave" and how the inability to downsize an identity led to bankruptcy for flashier investors .Hidden Wealth: Insights from Morgan Housel's The Psychology of Money on why spending money to show people how much you have is the fastest way to have less money .The Danger of Stubbornness: Why intelligent and successful people often hold onto losing investments for too long because selling at a loss feels like admitting a mistake.Strategic Defense: Why shifting strategies, getting lean, and quietly shoring up positions is the key to playing the long game and being ready to strike when others are fearful .Episode Sponsored By:Discover Financial Millionaire Mindcast Shop: Buy the Rich Life Planner and Get the Wealth-Building Bundle for FREE! Visit: https://shop.millionairemindcast.com/CRE MASTERMIND: Visit myfirst50k.com and submit your application to join!FREE CRE Crash Course: Text “FREE” to 844-447-1555FREE Financial X-Ray: Text  "XRAY" to 844-447-1555

What happens when you're doing everything right on paper but still feel one car repair away from a financial meltdown? Or when you're fully present with your kids today but have no idea how you'll pay for college in five years? Most families I work with fall into one of these two camps, and both are fragile in different ways. This week, I'm exploring Morgan Housel's idea that the best way to deal with uncertainty is to save like a pessimist and invest like an optimist. I share stories of two families on opposite ends of this spectrum, why holding both mindsets at once feels so uncomfortable, and what I've learned about building margin without hiding from life. Your action step: Look at your actual situation this week. Do you have real cash reserves sitting accessible? Are you consistently investing for the future? If one piece is missing, that's where your fragility lives. Connect with Paul If you're a family with multiple kids who feel like your money should be working harder but aren't sure where to start, I do complimentary 30-minute financial reviews. Schedule a meeting here. For resources discussed in this episode, visit tammacapital.com/podcast. Follow Paul on LinkedIn. Resources Featured in This Episode: Why "Just Waiting" Is Holding You Back in Life and Finance Finding The Meaningful Moments in Career, Parenting & Life Helping Your Kids Develop Good Money Habits

In this milestone 200th episode of The Grow Your Wealthy Mindset Podcast, we explore the difference between being rich and being wealthy and why the distinction matters more than most people realize.While being rich is often visible through income and lifestyle, true wealth is usually invisible. Drawing from real-life examples and insights from The Psychology of Money by Morgan Housel, this episode breaks down how spending can create the appearance of success while quietly increasing financial stress.For physicians especially, real wealth isn't about looking successful—it's about having options. The ability to walk away from a bad job situation, cut back at work, and make decisions from a place of flexibility rather than pressure.In This Episode:The difference between being rich and being wealthyWhy wealth is often invisibleThe tradeoff between lifestyle and long-term freedomWhy many physicians chase being rich while they really want to be wealthyA simple personal audit to assess whether your money buys freedom or stressThe goal isn't to look successful. It's to build a life where your money supports your values, your time, and your well-being.Please subscribe and leave a review on your favorite Podcasting platform. Get 12 Financial Mistakes that Keep Physicians from Building Wealth at https://www.growyourwealthymindset.com/12financialmistakesIf you want to start your path to financial freedom, start with the Financial Freedom Workbook. Download your free copy today at https://www.GrowYourWealthyMindset.com/fiworkbookDr. Elisa Chiang is  a physician and money coach who helps other doctors reach their financial goals by mastering their money mindset through personalized 1:1 coaching .You can learn more about Elisa at her website or follow her on social media.Website: https://ww.GrowYourWealthyMindset.comInstagram https://www.instagram.com/GrowYourWealthyMindsetFacebook https://www.facebook.com/ElisaChianghttps://www.facebook.com/GrowYourWealthyMindsetYouTube: https://www.youtube.com/c/WealthyMindsetMDLinked In: www.linkedin.com/in/ElisaChiang Disclaimer: The content provided in the Grow Your Wealthy Mindset Podcast...

In this episode, Emily interviews Dr. Trevor Hedberg, an assistant professor of practice at the University of Arizona who teaches a seminar on personal finance to undergrad students based on Morgan Housel's The Psychology of Money. Trevor is a repeat podcast guest, and he shares how teaching the course has made him think differently about finances during his PhD and postdoc, including the financial opportunity cost of grad school and lifetime wealth killers.

Go to Go to https://www.learningleader.com/becoming to see the pre-order bonuses for The Price of Becoming This is brought to you by Insight Global. If you need to hire one person, hire a team of people, or transform your business through Talent or Technical Services, Insight Global's team of 30,000 people around the world has the hustle and grit to deliver. My Guest: Scott Galloway is the New York Times bestselling author of books including The Four, The Algebra of Happiness, Post Corona, Adrift, and The Algebra of Wealth.  Notes: Key Learnings Routine speeds up time, novelty slows it down. If you want life to go fast, just spend it alone and have a routine and never bust out of that routine. What makes life interesting is diversity in people, because people are complicated, and relationships are complicated. Lean into your emotions to slow time down. If you see something that moves you, stop, think about it, ask yourself why it moves you, and try to cement that moment in your brain. Otherwise, you're not sleepwalking through life; you're sleep sprinting. "The greatest wasted resource in history is good intentions that don't get articulated." No matter how famous someone is, they love affirmation as much as anybody else. Good thoughts that don't get articulated are wasted. Absorb when you're upset and lean into emotions, good and bad. This sort of marks the day and slows things down. Otherwise, if you get up every morning, do the same thing, eat the same thing, have the same relationship, the week's just gonna go really fast. Reverse engineer your success to things that aren't your fault. What are the things that played a role in your success that you had no control over? Your luck, your good fortune. For Scott: big government, assisted lunch, Pell Grants, University of California, technology financed by middle-class taxpayers, DARPA, the internet, deep pools of capital, and acceptance of failure. His mom told him he had value every day. Scott's mom, every day, implicitly and explicitly, told him and communicated to him that he had value. That builds a basic confidence that manifests in different ways: the confidence to fail, approach strangers, believe you're worthy of love, that you'll add value to a company, and that you can ask for tens of millions of dollars from someone. When good things happened, he used to call his mom. Whether it was getting a bonus at Morgan Stanley or striking up a conversation with a woman at Starbucks and getting her number, Scott used to call his mom. Your parents can bask in your victory, and you can brag to your parents, and it's okay. If there's no one there with you, it's like it didn't happen. Scott travels for business and stays at really nice hotels, and inevitably gets upgraded to the penthouse or the George V in Paris when he's alone. But if there's no one there with you, it's like it didn't happen. Celebrate victories, tell people how much they mean to you. You have to call your friends, celebrate their victories, celebrate your own, and tell people how much they mean to you. Every day, no matter what, tell your kids you're proud of them and love them. No matter how much Scott's kids piss him off, at some point, he finds a way to say, "I'm proud of you, and I love you immensely. You know that, right?" He hopes they have that same kind of base or pillar of confidence he had his whole life. Having someone tell you they believe in you every day works. You don't have to be a baller or successful. Just having someone in your life and every day telling them they mean a lot to you, they can't help but not believe you after a while. Being a leader isn't about being the smartest person in the room. Scott used to think being a leader was being the smartest person in the room, and he had trouble, especially with other men, thinking if he acknowledged someone else was doing a good job, somehow that made him less impressive. You have so much currency as a founder or manager. If you're in a management or leadership role, much less a founder, you have so much currency to pull someone into a conference room and say, "You were outstanding in that meeting" or "I just read this, and I love this paragraph. God, where did you come up with this idea?" You literally see these people just light up. "If you're thinking it, say it." The instant you're thinking something positive about somebody, just tell them, text them, call them. Don't wait. We have a tendency to think other people are telepathic, that they must sense we think they're wonderful. No, they don't sense it. Articulate it. When you're on your deathbed, you're not gonna think "I gave too much praise at work and told too many people how much they meant to me." Young people need watering. If you don't give young people feedback and praise when they deserve it, it's like having a ton of capital and not spending it. Especially with young people, they need watering. Feedback is incredible compensation. Whenever someone does something good, Scott tries to remind himself via email. Then, when he does their review at the end of the year, it's like, " Wow, this dude is paying attention. That is a form of compensation. Give thoughtful reviews that show you understand them. Tell them what they need to develop to get to the next level. Pay for the courses they need. They're a single mom who needs flexibility and wants to make more money. That's compensation. "Become a clip machine." Certain people are clip machines: James Clear, Morgan Housel, Kat Cole, Scott Galloway. These are people who communicate ideas in ways that are instantly shareable and memorable. For leaders, becoming an effective communicator isn't optional anymore. You need to be able to inspire and move people. The ability to write well is the stem of storytelling. It forces you to manage your thoughts and think things through. It's difficult to be a great storyteller if you can't write at a competent level. Rank yourself across every medium and go deep on one. Look at every medium (texting, LinkedIn, short form video, TikTok, long form writing, speaking), rank yourself, listen to yourself, decide what your specialty is, and then go very deep into one. Figure out your medium and commit to being in the top 1%. Challenge yourself to be in the top 10% within a year, the top 1% within three years. Identify which medium you have skills in, then challenge yourself. If you're in the top 6,000 podcasts out of 600,000 that put out content every week, you're in the top 1%. "Social media may make you want to shower after you use it, but it's frightening how powerful it is." In terms of economic power and influence, it's frightening how powerful social media is right now. If you're a young person and you want to be influential or economically secure, you need to master it. Storytelling is the enduring skill to give your kids. Scott's core competence is storytelling. His superpower is attracting and retaining people who help leverage his skills. The most radical act in a capitalist society is not participation. Scott started Resist and Unsubscribe because action absorbs anxiety. He was sick of being virtuous and courageous on a keyboard or a mic and wanted to do something. "Ready, fire, fucking aim on this thing called life." Scott wants to dance like no one is watching. He's gonna be dead soon, and it's all going really fast. He doesn't want to look back and think about losing sponsors or what people thought was stupid. He wants to think, "Right on, I tried to do something." He wants to be that guy who was unafraid, who showed up with a carpool to try and make a difference. Your spending or lack thereof is a weapon hiding in plain sight. The government most quickly responded six years ago during COVID, not because tens of thousands of people were dying, but because the GDP crashed 31%. The president backs away from plans when the bond market or stock market goes down. Even a gnat on an elephant matters. Even if it's just a gnat on an elephant, enough gnats will take down an elephant. If you have economic security and people who love you unconditionally, you have an obligation to speak out. Sam Harris has this great saying: if you have economic security and people who love you unconditionally, then you have an obligation to speak out and speak your mind, because most people don't have that luxury. Do what makes you feel good about yourself. It's not easy being mediocre-looking; it takes real effort. Scott grew up very skinny with bad acne and thinks maybe he's a little too focused or self-conscious about his looks. America is ageist, and looks matter. New York is the ultimate tip of the spear for a capitalist society, and it's optimized for two people: hot women and rich guys. For everyone else, it's a soul-crushing experience. We can talk about the way the world should be and the way the world is. That's the way the world is. Start working out. Scott coaches young men: start working out. It's good for your head. It shows women and employers you're in shape, not just because it looks good (which it does), but because it reflects how you show up, that you have discipline, that you can commit to something. The rule of threes puts you in the top 5% of attractiveness. If you work out three times a week or more, if you spend at least 30 hours a week working outside of the house, and put yourself in the company of strangers (church group, nonprofits, sports league), just by doing those three things, you put yourself in the top 5% of attractiveness of young males. Anyone who's had great yeses has had a shit ton of no's. If you can be in the top 5% and learn how to mourn and move on from rejection, at some point, you'll be voluntarily celibate, which is awesome. There were hundreds of no's for you to get to a top podcast. You get used to no. No one has the right to a living or to reproduce. If you want to score above your class economically or romantically, get out a big spoon and get ready to eat shit. It's what everyone of us has done. "I'm constantly worried about my boys now." Scott didn't worry about his kids when they were little unless they were sick - they were safe and home. Now he's worried about them all the time: are they doing okay at school? Is the quiet one okay? His champagne toast moment would be celebrating his son's first year of college going well - having fun, a good friend group, a couple of dates, football games, and gearing up for sophomore year. Reflection Questions What things played a role in your success that you had no control over? Your luck, your good fortune. How does reverse engineering to those things change your perspective? Who in your life needs to hear that you're proud of them and that they mean a lot to you? When's the last time you actually said it? Rank yourself across every medium you participate in (texting, LinkedIn, video, writing, speaking). What's your specialty? Are you willing to commit to being in the top 1% of that medium within three years? More Learning #578: Scott Galloway - The Algebra of Wealth #492: Scott Galloway - Finding What You're Good At #396: Scott Galloway - Turning Crisis Into Opportunity Podcast Chapters 00:00 Preorder my new book! 02:45 Meet Scott Galloway 04:13 Resilience To Criticism 05:43 Slowing Time With Novelty 08:43 Scott's Mom Building Confidence 14:52 Use Praise As a Leadership Currency 24:27 Becoming A Great Storyteller 31:06 Resist And Unsubscribe Origins 35:35 What Comes Next 37:13 Facing Both Backlash and Support 39:45 Living Unafraid 41:23 Why Sell Prof G? 42:37 Building Enterprise Value 46:46 The Openness of Cosmetic Surgery  48:47 The World's View on the Physical 50:42 Rule of Threes for Men 53:11 Scott's Champagne Toast 56:52 The Belief of Reasonable Politics  58:10 Where to Find Scott Online 01:02:14 EOPC

In this episode, Dr. Killeen shares a perspective inspired by Morgan Housel, author of The Psychology of Money, and explores the idea that money does not only create value when it is spent. Saving, even in small amounts, can be just as powerful. He explains how setting aside even 10 or 100 dollars helps shape your identity as someone who plans ahead and exercises discipline. It also creates long term security and peace of mind. Every dollar saved is not just money in an account. It is an investment in your future freedom and a small but meaningful vote for the person you are becoming.

I'm wrestling with a question that's been on my mind lately: Have we given money a job it simply can't do? There is a complicated relationship between money and our emotions, and how we sometimes hope numbers and bank balances will take away our fear or anxiety, even though those are emotions, not equations. Inspired by Carl Richards' book "Your Money," I talk about how our financial lives and our feelings are tangled together, especially for those of us in the thick of parenting, where there's never really an "off season." With insights from thought leaders like Morgan Housel, I explore the challenge of defining your goals and finding what "enough" really means, even as the goalposts keep moving. If you've ever wondered why having more money doesn't quite silence your worries or how your money beliefs shape your life, you're not alone. Connect with Paul If you're a family with multiple kids who feel like your money should be working harder but aren't sure where to start, I do complimentary 30-minute financial reviews. Schedule a meeting here. For resources discussed in this episode, visit tammacapital.com/podcast. Follow Paul on LinkedIn. Resources Featured in This Episode: Your Money: Reimagining Wealth in 101 Simple Sketches Running Towards the Challenge of Why and Enough 5 Timeless Financial Truths That Will Never Change

The way you think about money has almost nothing to do with spreadsheets and everything to do with who you are. In this encore episode of The Game Changing Attorney Podcast, Michael Mogill sits down with Morgan Housel, New York Times bestselling author of The Psychology of Money and partner at the Collaborative Fund. With millions of copies sold and translations in over 50 languages, Morgan has spent his career studying not what the market will do next, but why we make the decisions we make with money. In this conversation, Michael and Morgan explore how personal experience shapes financial behavior, why the wealthiest people are often driven by something other than wealth, and what it actually means to use money as a tool for a better life. Here's what you'll learn: Why managing money is so new that we're still figuring out the rules, and why that means most people are learning as they go How your personal history with money shapes every financial decision you make, often in ways you don't realize What separates people who accumulate extreme wealth from those chasing it, and why the answer is rarely about money itself If you want to build wealth that lasts, you have to start by understanding the psychology driving every decision you make. ---- Show Notes: 03:57 — Why managing money for retirement is so new that there hasn't been a generational knowledge transfer yet. 05:19 — The social work principle that all behavior makes sense with enough information, and how it applies to financial decisions. 12:38 — The hardest financial concept to master is "enough," and how moving goalposts prevents happiness. 14:05 — Social comparison as the root of all financial unhappiness, and why there's always someone with more. 22:40 — The biggest financial risk is always what no one is talking about because you're not prepared for it. 28:13 — How savings without a specific goal gives you options and flexibility when the world surprises you. 30:07 — The highest form of wealth is waking up every morning and saying, "I can do whatever I want today." 31:44 — The difference between being rich and being wealthy, and why wealth is what you don't see. 40:26 — What it takes to turn down $1 billion at age 20, and why ultra-wealthy founders are rarely driven by money. 43:52 — What being a game changer means, and why the most admirable people are living extraordinary lives that no one knows about. ---- Links & Resources: The Psychology of Money by Morgan Housel Same as Ever by Morgan Housel Collaborative Fund Bill Gates Mark Zuckerberg Jeff Bezos Elon Musk Scott Galloway Chris Rock Warren Buffett ---- Do you love this podcast and want to see more game changing content? Subscribe to our YouTube channel. ---- Past guests on The Game Changing Attorney Podcast include David Goggins, John Morgan, Alex Hormozi, Randi McGinn, Kim Scott, Chris Voss, Kevin O'Leary, Laura Wasser, John Maxwell, Mark Lanier, Robert Greene, and many more. ---- If you enjoyed this episode, you may also like: 306. AMMA — From Ramen to Rolex: Celebrating Milestones Wisely 264. Bill Perkins — Die with Zero: Getting All You Can from Your Money and Your Life 223. Chad Willardson — Achieving Financial Freedom: Strategies for Building Abundant Wealth

Morgan Housel's book Same As Ever has got Mark thinking - he runs through three underappreciated benefits of cash.You can find the full article here.Would you like more free insights from Mark, Shani and the rest of the Morningstar team? You can find them here.A message from Mark and ShaniFor the past five years, we've released a weekly podcast to arm you with the tools to invest successfully. We've always strived to provide independent, thoughtful analysis, backed by the work of hundreds of researchers and professionals at Morningstar.We've shared our journeys with you, and you've shared back. We've listened to what you're after and created a companion for your investing journey. Invest Your Way is a book that focuses on the investor, instead of the investments. It is a guide to successful investing, with actionable insights and practical applications.The book is now available! It is also available in Audiobook format from most sellers.Purchase from Amazon or Purchase from BooktopiaTo submit any questions or feedback, please email mark.lamonica1@morningstar.com or leave us a voicemail to feature on the podcast here.Audio Producer and mixer: William Ton. Hosted on Acast. See acast.com/privacy for more information.

Financial freedom can feel out of reach when you rely on willpower alone. Without a solid financial structure, daily life can disrupt budgeting, saving, and spending plans, trapping you in cycles of overspending and debt. In the second episode of The Money Reset series presented by Experian, Hala Taha shares simple tools and habits that you can implement today to take control of your finances. With insights from experts like James Clear, Jade Warshaw, and Morgan Housel, you'll learn how to build sustainable financial systems that help you create long-term wealth, even when life gets chaotic. In this episode, Hala will discuss: (00:00) Introduction (01:45) Why Financial Habits Beat Willpower Every Time (05:40) Systems vs Goals in Personal Finance (07:25) Loud Budgeting and Money Boundaries (11:18) Tiffany Aliche's Baby Budget Account System (14:46) Designing Friction to Kill Bad Spending Habits (17:19) Ramit Sethi's Conscious Spending Plan  (19:09) Frugality as a Wealth-Building Strategy Experian is a global data and technology company that collects and analyzes financial data to help people and businesses understand and manage their finances. Through tools like subscription cancellation and bill negotiation, Experian scans linked accounts for recurring charges, helps cancel unused subscriptions, and works to find better rates on eligible bills. They help put money back in your pocket. Get started with the Experian App today. See experian.com for details. Sponsored By: Experian: Put money back in your pocket by canceling unwanted subscriptions and lowering eligible recurring bills. Get started with the Experian App. See experian.com for details. Resources Mentioned: YAP E265 with James Clear: youngandprofiting.co/4j4khkC  YAP E266 with Morgan Housel: youngandprofiting.co/4147SpO  YAP E380 with Jade Warshaw: youngandprofiting.co/JWE380  YAP E259 with Tiffany Aliche: youngandprofiting.co/TAE259  YAP E220 with Ramit Sethi: youngandprofiting.co/E220   YAP E367 with Scott Trench: youngandprofiting.co/STE367  The Money Reset Series E1: youngandprofiting.co/TMRSEP1  Active Deals - youngandprofiting.com/deals  Key YAP Links Reviews - ratethispodcast.com/yap YouTube - youtube.com/c/YoungandProfiting LinkedIn - linkedin.com/in/htaha/ Instagram - instagram.com/yapwithhala/ Social + Podcast Services: yapmedia.com Transcripts - youngandprofiting.com/episodes-new  Disclaimer: This episode is a paid partnership with Experian. Sponsored content helps support  our podcast and continue bringing valuable insights to our audience. Entrepreneurship, Entrepreneurship Podcast, Business, Business Podcast, Self Improvement, Self-Improvement, Personal Development, Starting a Business, Strategy, Investing, Sales, Selling, Psychology, Productivity, Entrepreneurs, AI, Artificial Intelligence, Technology, Marketing, Negotiation, Money, Finance, Side Hustle, Startup, Mental Health, Career, Leadership, Mindset, Health, Growth Mindset, Stock Market, Scalability, Investment, Risk Management, Financial Planning, Business Coaching, Finance Podcast

Many of us feel like we're drowning in invisible complexity. So I wanted to hit pause and ask a simple question: What are 1-3 decisions that could dramatically simplify my life in 2026? To explore that, I invited five long-time listener favorites: Maria Popova, Morgan Housel, Cal Newport, Craig Mod, and Debbie Millman.This episode is brought to you by:Shopify global commerce platform, providing tools to start, grow, market, and manage a retail business: Shopify.com/timHelix Sleep premium mattresses: HelixSleep.com/TimTimestamps:Intro: [00:00:00]Maria Popova [00:01:49]Morgan Housel [00:04:40]Cal Newport [00:12:20]Craig Mod [00:24:04]Debbie Millman [00:33:08] More about today's guests:Maria Popova (@mariapopova) thinks and writes about our search for meaning, lensed sometimes through science and philosophy, sometimes through poetry and children's books, always through wonder. She is the creator of The Marginalian (born in 2006 under the name Brain Pickings), which is included in the Library of Congress permanent digital archive of culturally valuable materials. Her books and projects include Traversal, The Universe in Verse, Figuring, The Coziest Place on the Moon, and An Almanac of Birds: 100 Divinations for Uncertain Days.Morgan Housel (@morganhousel) is a partner at The Collaborative Fund. His book The Psychology of Money has sold more than three million copies and has been translated into 53 languages. Morgan is also the author of Same As Ever: A Guide to What Never Changes and The Art of Spending Money.Cal Newport is a professor of computer science at Georgetown University, where he is also a founding member of the Center for Digital Ethics. In addition to his academic work, Newport is a New York Times bestselling author who writes for a general audience about the intersection of technology, productivity, and culture. His books have sold millions of copies and been translated into over forty languages. He is also a contributor to The New Yorker and hosts the popular Deep Questions podcast. His latest book is Slow Productivity: The Lost Art of Accomplishment Without Burnout.Craig Mod (@craigmod) is a writer, photographer, and walker living in Tokyo and Kamakura, Japan. He is the author of Things Become Other Things and Kissa by Kissa. He also writes the newsletters Roden and Ridgeline and has contributed to The New York Times, The Atlantic, Wired, and more. Debbie Millman (@debbiemillman) has been named one of the most creative people in business by Fast Company and one of the most influential designers working today by Graphic Design USA. She is the host of Design Matters—a great show and one of the world's longest-running podcasts. She is also chair of the Masters in Branding Program at the School of Visual Arts in New York City, editorial director of Print magazine, a Harvard Business School Case Study, and a member of the board of directors at the Joyful Heart Foundation.*For show notes and past guests on The Tim Ferriss Show, please visit tim.blog/podcast.For deals from sponsors of The Tim Ferriss Show, please visit tim.blog/podcast-sponsorsSign up for Tim's email newsletter (5-Bullet Friday) at tim.blog/friday.For transcripts of episodes, go to tim.blog/transcripts.Discover Tim's books: tim.blog/books.Follow Tim:Twitter: twitter.com/tferriss Instagram: instagram.com/timferrissYouTube: youtube.com/timferrissFacebook: facebook.com/timferriss LinkedIn: linkedin.com/in/timferrissSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Sebastian gets a "guided" tour through Walt Disney World with the family, but the perks aren't exactly what they are cracked up to be (mainly talking to a stranger all day.  Meanwhile Pete wonders could Leo DiCaprio shut down an amusement park with a visit, who sleeps in Walt Disney's old apartment, and then a special Morgan Housel pilled money management section to close things out during a riveting book share.  Come get rich with laughter, it's all splash mountain from here. Follow Sebastian: @SebastianComedy Follow Pete: @PeteCorreale To watch the podcast on YouTube: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://bit.ly/PeteAndSebastianYouTube⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Don't forget to follow the podcast for free wherever you're listening or by using this link: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://bit.ly/PeteAndSebastian⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ If you like the show, telling a friend about it would be amazing! You can text, email, Tweet, or send this link to a friend: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://bit.ly/PeteAndSebastian⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ For Sebastian's tour dates, go to: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.sebastianlive.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ For Pete's tour dates, go to: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.petecorreale.com/⁠⁠⁠⁠⁠⁠⁠ Head to https://FactorMeals.com/thecast50off and use code thecast50off to get 50% off your first Factor box PLUS free breakfast for 1 year. *Offer only valid for new Factor customers with code and qualifying auto-renewing subscription purchase.  Learn more about your ad choices. Visit podcastchoices.com/adchoices

Live from Joe's mom's basement (where humility is encouraged and spreadsheets are optional), the crew tackles a deceptively simple question. If most people think they're above average with money, what advice actually helps someone who isn't? Joe Saul-Sehy, OG, Doug, Jesse Cramer, and guest Whitney Hanson (Money Nerds podcast) run a thought experiment inspired by Morgan Housel's observation that nearly everyone believes they're financially smarter than the median. What straightforward moves keep someone from needing last minute financial Hail Marys? The answer isn't flashy. It's systems. Whitney kicks things off with a practical starting point: identify your knowledge gaps. Tools like Investor.gov quizzes can reveal blind spots, and she suggests theming your learning (one focus per month) so financial literacy doesn't feel overwhelming. From there, the conversation turns to controllables: cash flow, savings rate, lifestyle inflation, and career capital. Because while markets bounce around, your habits are yours. The gang also introduces the idea of a tactile money leak audit, physically reviewing spending to spot waste that autopilot budgeting apps can miss. It's less glamorous than crypto speculation but far more effective. Investing gets reframed too. Instead of treating it like a mysterious Wall Street game, they suggest thinking of it as owning small pieces of companies you already know and use. Start small. Automate it. Build reps. Confidence follows action. Insurance and estate planning round out the episode. The crew urges listeners to shop multiple advisors, understand policy details before signing, use AI to help decode fine print without blindly trusting it, and avoid overconfidence just because something sounds right. Doug keeps things lively with trivia revealing that Johnny Carson's 1982 DUI fine was a very specific $603, and OG once again proves suspiciously good at guessing. What You'll Learn: Why most people overestimate their financial knowledge and what to do about it How to identify and close your personal money knowledge gaps The key financial variables you actually control How to perform a simple money leak audit Why small, automatic investing beats waiting for the perfect moment How to make investing feel familiar instead of intimidating The basics everyone should understand about insurance and estate planning Why repetition builds financial confidence faster than theory The Big Takeaway: You don't need advanced tactics. You need consistent systems. Focus on what you control. Automate the boring stuff. Learn one thing at a time. Build margin. Repeat. Because the goal isn't to be above average. It's to be steady enough that you never need a desperate Hail Mary. This Episode Is For You If: You feel like everyone else has money figured out except you Financial advice usually feels too complicated or assumes knowledge you don't have You're tired of feeling behind and want simple systems that work You want to build confidence through action, not just theory You believe steady progress beats trying to be perfect Question for You: What was the first simple money habit that changed your trajectory? Share it in the Spotify comments or The Basement Facebook group. Your small win might be exactly what another Stacker needs to hear. FULL SHOW NOTES: https://www.stackingbenjamins.com/bottom-50-money-tips-1809/ Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at https://www.StackingBenjamins.com/201 Enjoy! Learn more about your ad choices. Visit podcastchoices.com/adchoicesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Live from Joe's mom's basement (where humility is encouraged and spreadsheets are optional), the crew tackles a deceptively simple question. If most people think they're above average with money, what advice actually helps someone who isn't? Joe Saul-Sehy, OG, Doug, Jesse Cramer, and guest Whitney Hanson (Money Nerds podcast) run a thought experiment inspired by Morgan Housel's observation that nearly everyone believes they're financially smarter than the median. What straightforward moves keep someone from needing last minute financial Hail Marys? The answer isn't flashy. It's systems. Whitney kicks things off with a practical starting point: identify your knowledge gaps. Tools like Investor.gov quizzes can reveal blind spots, and she suggests theming your learning (one focus per month) so financial literacy doesn't feel overwhelming. From there, the conversation turns to controllables: cash flow, savings rate, lifestyle inflation, and career capital. Because while markets bounce around, your habits are yours. The gang also introduces the idea of a tactile money leak audit, physically reviewing spending to spot waste that autopilot budgeting apps can miss. It's less glamorous than crypto speculation but far more effective. Investing gets reframed too. Instead of treating it like a mysterious Wall Street game, they suggest thinking of it as owning small pieces of companies you already know and use. Start small. Automate it. Build reps. Confidence follows action. Insurance and estate planning round out the episode. The crew urges listeners to shop multiple advisors, understand policy details before signing, use AI to help decode fine print without blindly trusting it, and avoid overconfidence just because something sounds right. Doug keeps things lively with trivia revealing that Johnny Carson's 1982 DUI fine was a very specific $603, and OG once again proves suspiciously good at guessing. What You'll Learn: Why most people overestimate their financial knowledge and what to do about it How to identify and close your personal money knowledge gaps The key financial variables you actually control How to perform a simple money leak audit Why small, automatic investing beats waiting for the perfect moment How to make investing feel familiar instead of intimidating The basics everyone should understand about insurance and estate planning Why repetition builds financial confidence faster than theory The Big Takeaway: You don't need advanced tactics. You need consistent systems. Focus on what you control. Automate the boring stuff. Learn one thing at a time. Build margin. Repeat. Because the goal isn't to be above average. It's to be steady enough that you never need a desperate Hail Mary. This Episode Is For You If: You feel like everyone else has money figured out except you Financial advice usually feels too complicated or assumes knowledge you don't have You're tired of feeling behind and want simple systems that work You want to build confidence through action, not just theory You believe steady progress beats trying to be perfect Question for You: What was the first simple money habit that changed your trajectory? Share it in the Spotify comments or The Basement Facebook group. Your small win might be exactly what another Stacker needs to hear. Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at https://www.StackingBenjamins.com/201 Enjoy! Learn more about your ad choices. Visit podcastchoices.com/adchoices

Is true wealthbuilding as simple as asking for a raise? Or is it just picking the right stock? Well… no. Morgan Housel argues the cornerstone of true wealthbuilding lies in understanding — and controlling — your behavior. After studying the psychology of money and writing The Psychology of Money, he's seen why brilliant people go broke and ordinary people quietly build fortunes. Patience beats IQ. Independence beats status. And the real game is managing your own impulses. In this conversation you'll learn why a janitor died with millions while a Harvard MBA went bankrupt, why most high earners still live paycheck to paycheck, why diversification won't make you the richest but will keep you from blowing up, why the biggest financial decisions are school, house, car, childcare, and insurance, and why reading history matters more than reading forecasts. This isn't about skipping lattes. It's about mastering the behaviors that actually build wealth and avoiding the ones that quietly destroy it. ___________ 00:00:00 Introduction 00:01:09 The Latte Story: Why Financial Advice Is Broken 00:03:00 Ronald Reed vs Richard Faskone: Behavior Beats Intelligence 00:10:18 The Passive Income Myth and What Really Moves the Needle 00:14:40 Nobody's Watching You: The Ferrari Paradox 00:20:01 The Biggest Lie About Money 00:25:17 The Desert Island Test: Utility vs Status 00:28:05 To Rent or Buy: The House Question 00:30:21 Robinhood vs Vanguard: Gamification and the Future 00:32:48 Rich People Habits: Obsession and Long-Term Thinking 00:34:50 The Great Depression Lesson and Why History Matters 00:49:52 Rapid Fire: Money Clichés Debunked ___________ MORE FROM BIGDEAL

What if the hardest part of money isn't earning it, but knowing how to use it well?Morgan Housel, bestselling author of The Psychology of Money, returns to Finding Mastery to explore the core idea behind his newest bestselling book, The Art of Spending Money. In this next chapter of his work, Morgan shifts the conversation away from accumulation and toward a deeper question: after the basics are covered, what role should money actually play in your life?While most financial advice focuses on how to earn and invest, Morgan argues that the more consequential skill is learning how to spend in alignment with your values. The challenge isn't simply getting rich. It's defining “enough.”In this conversation, Dr. Michael Gervais and Morgan unpack why money decisions are rarely logical and almost always emotional… shaped by identity, comparison, uncertainty, and the quiet pull of status. They explore the psychological difference between getting rich and staying rich, why uncertainty is a permanent feature of life, and how financial independence — not prestige — may be the real prize.At the center of it all is a powerful reframe:Money is a tool, not a scorecard.In this episode, we explore:Why money anxiety persists even when you're “doing fine” on paperHow comparison and status influence spending decisionsWhat it means to use money in service of “a good life”Why defining “enough” matters more than earning “more”How to spend with more intention and fewer regretsIf you're serious about building a life that feels aligned — not just impressive — this conversation offers a grounded, psychologically rigorous lens on how to think about money differently.__________________________________Links & ResourcesSubscribe to our Youtube Channel for more conversations at the intersection of high performance, leadership, and wellbeing: https://www.youtube.com/c/FindingMasteryGet exclusive discounts and support our amazing sponsors! Go to: https://findingmastery.com/sponsors/Subscribe to the Finding Mastery newsletter for weekly high performance insights: https://www.findingmastery.com/newsletter Download Dr. Mike's Morning Mindset Routine: findingmastery.com/morningmindset Follow on YouTube, Instagram, LinkedIn, and XSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Should physicians trade their time for money — or is that equation fundamentally broken? In this episode, we unpack why so many doctors save too much for too long, sacrificing their best years to build a nest egg they struggle to spend. Drawing from Vicki Robin's Your Money or Your Life, Morgan Housel's Psychology of Money, and Bill Perkins' Die With Zero, we explore a healthier framework for thinking about time, money, and financial independence as a physician. Jimmy also shares a major personal update — after nearly twenty years at Wake Forest, he's making a career change that trades income for autonomy. No more nights, weekends, or holidays, but it comes at a real financial cost. It's the perfect case study for everything we discuss in this episode. We break down the three stages of a doctor's financial life — from residency where you have neither time nor money, to mid-career where you finally have income but no time, to financial independence where you get both back. The problem? Most physicians get stuck in the middle stage far longer than they need to because of identity inertia, golden handcuffs, lifestyle lock-in, and the fear of earning less. If you've ever wondered whether you should work less, take the pay cut, or keep grinding toward a number — this one's for you. Don't forget to: Check out Medical Degree Financial University at moneymeetsmedicine.com/MDFU Grab a free copy of The Physician Philosopher's Guide to Personal Finance at moneymeetsmedicine.com/freebook or  Get an own-occupation disability insurance quote from a source you can trust at moneymeetsmedicine.com/disability Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

A financial psychology expert on the science of contentment.   Morgan Housel is the New York Times Bestselling author of The Psychology of Money and Same As Ever. He's a partner at The Collaborative Fund, serves on the board of directors at Markel and is host of The Morgan Housel Podcast. His new book is The Art of Spending Money: Simple Choices for a Richer Life.  In this episode we talk about: What "irrational" spending habits really tell us How to manage money ambition with sanity  How to use scarcity to your advantage A useful equation for finding contentment The key defense against envy  How to minimize future regret Why young people should check their bank accounts more often How to talk to your kids about money How to disconnect self-worth from financial worth  And more   Related Episodes: The Psychology of Money | Morgan Housel   Get the 10% with Dan Harris app here Sign up for Dan's free newsletter here Follow Dan on social: Instagram, TikTok Subscribe to our YouTube Channel To advertise on the show, contact sales@advertisecast.com or visit https://advertising.libsyn.com/10HappierwithDanHarris Thanks to our sponsors:  Function Health: Visit functionhealth.com/happier and use the gift code HAPPIER25 for a $25 credit toward your membership. BetterHelp:  Sign up and get 10% off at betterhelp.com/Happier.

Morgan Housel is a partner at The Collaborative Fund, an investor and an author. Why is spending money well a skill most people never learn? In a world obsessed with saving, why does saying “it's okay to spend” still feel taboo? What can high performers teach us about investing not just money, but time, energy, and attention wisely? Expect to learn why it's important to talk about how to spend money well when learning about personal finance, why good financial ideas struggle to spread while bad ones travel effortlessly, what Morgan's definition of success is, how much modern dissatisfaction comes from comparing ourselves to people we don't actually want to be like, the real relationship between money and happiness with nuance, why it's so hard to find people who have managed to be wealthy, successful, happy and peaceful and much more… Sponsors: See discounts for all the products I use and recommend: ⁠https://chriswillx.com/deals⁠ Get a Free Sample Pack of LMNT's most popular flavours with your first purchase at https://drinklmnt.com/modernwisdom Get up to $350 off the Pod 5 at https://eightsleep.com/modernwisdom Get 35% off your first subscription on the best supplements from Momentous at https://livemomentous.com/modernwisdom New pricing since recording: Function is now just $365, plus get $25 off at https://functionhealth.com/modernwisdom Extra Stuff: Get my free reading list of 100 books to read before you die: ⁠https://chriswillx.com/books⁠ Try my productivity energy drink Neutonic: ⁠https://neutonic.com/modernwisdom⁠ Episodes You Might Enjoy: #577 - David Goggins - This Is How To Master Your Life: ⁠https://tinyurl.com/43hv6y59⁠ #712 - Dr Jordan Peterson - How To Destroy Your Negative Beliefs: ⁠https://tinyurl.com/2rtz7avf⁠ #700 - Dr Andrew Huberman - The Secret Tools To Hack Your Brain: ⁠https://tinyurl.com/3ccn5vkp⁠ - Get In Touch: Instagram: ⁠https://www.instagram.com/chriswillx⁠ Twitter: ⁠https://www.twitter.com/chriswillx⁠ YouTube: ⁠https://www.youtube.com/modernwisdompodcast⁠ Email: ⁠https://chriswillx.com/contact⁠ - Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to Impact Theory with Tom Bilyeu. In this episode, Tom Bilyeu sits down for an intense, thought-provoking conversation with acclaimed author morgan Housel to dig into some of the most pressing economic challenges of our time. Together, they unravel the complexities around America's shifting role as the world's reserve currency, mounting national debt, the rise of China, and the real dangers lurking behind our housing and student loan crises. You'll hear Tom Bilyeu challenge conventional narratives about economic cycles, inflation, and what history teaches us about the rise and fall of empires. morgan Housel offers invaluable perspective—tempering alarmist fears with humility, historical insight, and a focus on what individuals can actually control in the face of profound uncertainty. This episode is for anyone trying to make sense of the headlines, curious about what “trouble” really looks like for the U.S. economy, and seeking wisdom on how to navigate the rocky waters ahead. From global trade wars and demographic shifts to personal finance strategies for turbulent times, Tom Bilyeu and morgan Housel leave no stone unturned. Get ready for grounded optimism, refreshing honesty, and practical takeaways you won't want to miss! What's up, everybody? It's Tom Bilyeu here: If you want my help... STARTING a business: join me here at ZERO TO FOUNDER:  https://tombilyeu.com/zero-to-founder?utm_campaign=Podcast%20Offer&utm_source=podca[%E2%80%A6]d%20end%20of%20show&utm_content=podcast%20ad%20end%20of%20show SCALING a business: see if you qualify here.:  https://tombilyeu.com/call Get my battle-tested strategies and insights delivered weekly to your inbox: sign up here.: https://tombilyeu.com/ ********************************************************************** If you're serious about leveling up your life, I urge you to check out my new podcast, Tom Bilyeu's Mindset Playbook —a goldmine of my most impactful episodes on mindset, business, and health. Trust me, your future self will thank you. ********************************************************************** FOLLOW TOM: Instagram: https://www.instagram.com/tombilyeu/ Tik Tok: https://www.tiktok.com/@tombilyeu?lang=en Twitter: https://twitter.com/tombilyeu YouTube: https://www.youtube.com/@TomBilyeu Quince: Free shipping and 365-day returns at https://quince.com/impactpodHomeServe: Help protect your home systems – and your wallet – with HomeServe against covered repairs. Plans start at just $4.99 a month at https://homeserve.comShopify: Sign up for your one-dollar-per-month trial period at https://shopify.com/impact Incogni: Take your personal data back with Incogni! Use code IMPACT at the link below and get 60% off an annual plan: https://incogni.com/impact Sintra AI: 72% off with code IMPACT at https://sintra.ai/impact Huel: High-Protein Starter Kit 20% off for new customers at https://huel.com/impact code impact Bevel Health: Visit https://bevel.health/impact and use code IMPACT to get your first month free. Ketone IQ: Visit https://ketone.com/IMPACT for 30% OFF your subscription order Cape: 33% off your first 6 months with code IMPACT at https://cape.co/impact Plaud: Get 10% off with code TOM10 at https://plaud.ai/tom Pique: 20% off at https://piquelife.com/impact SOCIALSFollow morgan Housel:Website: https://www.morganhousel.com/Twitter/X: https://twitter.com/morganhouselLinkedIn: https://www.linkedin.com/in/morganhouselInstagram: https://www.instagram.com/morganhousel/ Learn more about your ad choices. Visit megaphone.fm/adchoicesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Welcome back to Impact Theory with Tom Bilyeu. In this episode, Tom Bilyeu sits down for an intense, thought-provoking conversation with acclaimed author morgan Housel to dig into some of the most pressing economic challenges of our time. Together, they unravel the complexities around America's shifting role as the world's reserve currency, mounting national debt, the rise of China, and the real dangers lurking behind our housing and student loan crises. You'll hear Tom Bilyeu challenge conventional narratives about economic cycles, inflation, and what history teaches us about the rise and fall of empires. morgan Housel offers invaluable perspective—tempering alarmist fears with humility, historical insight, and a focus on what individuals can actually control in the face of profound uncertainty. This episode is for anyone trying to make sense of the headlines, curious about what “trouble” really looks like for the U.S. economy, and seeking wisdom on how to navigate the rocky waters ahead. From global trade wars and demographic shifts to personal finance strategies for turbulent times, Tom Bilyeu and morgan Housel leave no stone unturned. Get ready for grounded optimism, refreshing honesty, and practical takeaways you won't want to miss! What's up, everybody? It's Tom Bilyeu here: If you want my help... STARTING a business: join me here at ZERO TO FOUNDER:  https://tombilyeu.com/zero-to-founder?utm_campaign=Podcast%20Offer&utm_source=podca[%E2%80%A6]d%20end%20of%20show&utm_content=podcast%20ad%20end%20of%20show SCALING a business: see if you qualify here.:  https://tombilyeu.com/call Get my battle-tested strategies and insights delivered weekly to your inbox: sign up here.: https://tombilyeu.com/ ********************************************************************** If you're serious about leveling up your life, I urge you to check out my new podcast, Tom Bilyeu's Mindset Playbook —a goldmine of my most impactful episodes on mindset, business, and health. Trust me, your future self will thank you. ********************************************************************** FOLLOW TOM: Instagram: https://www.instagram.com/tombilyeu/ Tik Tok: https://www.tiktok.com/@tombilyeu?lang=en Twitter: https://twitter.com/tombilyeu YouTube: https://www.youtube.com/@TomBilyeu Quince: Free shipping and 365-day returns at https://quince.com/impactpodHomeServe: Help protect your home systems – and your wallet – with HomeServe against covered repairs. Plans start at just $4.99 a month at https://homeserve.comShopify: Sign up for your one-dollar-per-month trial period at https://shopify.com/impact Incogni: Take your personal data back with Incogni! Use code IMPACT at the link below and get 60% off an annual plan: https://incogni.com/impact Sintra AI: 72% off with code IMPACT at https://sintra.ai/impact Huel: High-Protein Starter Kit 20% off for new customers at https://huel.com/impact code impact Bevel Health: Visit https://bevel.health/impact and use code IMPACT to get your first month free. Ketone IQ: Visit https://ketone.com/IMPACT for 30% OFF your subscription order Cape: 33% off your first 6 months with code IMPACT at https://cape.co/impact Plaud: Get 10% off with code TOM10 at https://plaud.ai/tom Pique: 20% off at https://piquelife.com/impact SOCIALSFollow morgan Housel:Website: https://www.morganhousel.com/Twitter/X: https://twitter.com/morganhouselLinkedIn: https://www.linkedin.com/in/morganhouselInstagram: https://www.instagram.com/morganhousel/ Learn more about your ad choices. Visit megaphone.fm/adchoices

In this life update, Chalene and Bret share what turned into a full blown catastrophe after a major flood destroyed their California beach house. They walk through the reality of dealing with insurance delays, massive financial decisions, and why coastal properties come with a level of risk most homeowners never see coming. Along the way, the conversation shifts into a surprisingly grounding discussion about money mindset, stress, and how quickly plans and priorities can change. It is honest, sometimes darkly funny, and full of hard earned perspective on loss, gratitude, and not letting stuff define your future. Chalene and Bret also the road trip chaos that took place on their way to visit Chalene's parents.   

Welcome to Impact Theory with Tom Bilyeu. In today's episode, Tom sits down with Morgan Housel, bestselling author and expert on the psychology of money, for a candid and eye-opening discussion about the housing crisis and the far-reaching consequences it has on our society. Together, they dig deep into how housing affordability is at the heart of issues like declining marriage rates, mental health struggles, fertility crises, and even substance abuse. You'll hear Morgan lay out why buying a home is more than a financial milestone—it's a fundamental step into adulthood, community, and stability. Tom and Morgan also explore the cyclical nature of inequality throughout history, the role of inflation and debt in causing economic divides, and why current solutions to the housing shortage miss the mark. They challenge popular policies and talk about the real reasons why affordable homes are scarce—touching on everything from NIMBYism to regulatory capture—and what might need to change if we want to reverse trends that threaten generational prosperity. Whether you're worried about the future of the economy, curious about how political cycles influence policy, or just want practical advice for navigating today's financial uncertainty, this episode offers both sobering insights and a dose of hope. If you're ready for a thorough, nuanced conversation that connects headlines to everyday life, keep listening—this one's for you. What's up, everybody? It's Tom Bilyeu here: If you want my help... STARTING a business: join me here at ZERO TO FOUNDER:  https://tombilyeu.com/zero-to-founder?utm_campaign=Podcast%20Offer&utm_source=podca[%E2%80%A6]d%20end%20of%20show&utm_content=podcast%20ad%20end%20of%20show SCALING a business: see if you qualify here.:  https://tombilyeu.com/call Get my battle-tested strategies and insights delivered weekly to your inbox: sign up here.: https://tombilyeu.com/ ********************************************************************** If you're serious about leveling up your life, I urge you to check out my new podcast, Tom Bilyeu's Mindset Playbook —a goldmine of my most impactful episodes on mindset, business, and health. Trust me, your future self will thank you. ********************************************************************** FOLLOW TOM: Instagram: https://www.instagram.com/tombilyeu/ Tik Tok: https://www.tiktok.com/@tombilyeu?lang=en Twitter: https://twitter.com/tombilyeu YouTube: https://www.youtube.com/@TomBilyeu Quince: Free shipping and 365-day returns at https://quince.com/impactpodHomeServe: Help protect your home systems – and your wallet – with HomeServe against covered repairs. Plans start at just $4.99 a month at https://homeserve.comShopify: Sign up for your one-dollar-per-month trial period at https://shopify.com/impact Incogni: Take your personal data back with Incogni! Use code IMPACT at the link below and get 60% off an annual plan: https://incogni.com/impact Sintra AI: 72% off with code IMPACT at https://sintra.ai/impact Huel: High-Protein Starter Kit 20% off for new customers at https://huel.com/impact code impact Bevel Health: Visit https://bevel.health/impact and use code IMPACT to get your first month free. Ketone IQ: Visit https://ketone.com/IMPACT for 30% OFF your subscription order Cape: 33% off your first 6 months with code IMPACT at https://cape.co/impact Plaud: Get 10% off with code TOM10 at https://plaud.ai/tom Pique: 20% off at https://piquelife.com/impact Learn more about your ad choices. Visit megaphone.fm/adchoicesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Welcome to Impact Theory with Tom Bilyeu. In today's episode, Tom sits down with Morgan Housel, bestselling author and expert on the psychology of money, for a candid and eye-opening discussion about the housing crisis and the far-reaching consequences it has on our society. Together, they dig deep into how housing affordability is at the heart of issues like declining marriage rates, mental health struggles, fertility crises, and even substance abuse. You'll hear Morgan lay out why buying a home is more than a financial milestone—it's a fundamental step into adulthood, community, and stability. Tom and Morgan also explore the cyclical nature of inequality throughout history, the role of inflation and debt in causing economic divides, and why current solutions to the housing shortage miss the mark. They challenge popular policies and talk about the real reasons why affordable homes are scarce—touching on everything from NIMBYism to regulatory capture—and what might need to change if we want to reverse trends that threaten generational prosperity. Whether you're worried about the future of the economy, curious about how political cycles influence policy, or just want practical advice for navigating today's financial uncertainty, this episode offers both sobering insights and a dose of hope. If you're ready for a thorough, nuanced conversation that connects headlines to everyday life, keep listening—this one's for you. What's up, everybody? It's Tom Bilyeu here: If you want my help... STARTING a business: join me here at ZERO TO FOUNDER:  https://tombilyeu.com/zero-to-founder?utm_campaign=Podcast%20Offer&utm_source=podca[%E2%80%A6]d%20end%20of%20show&utm_content=podcast%20ad%20end%20of%20show SCALING a business: see if you qualify here.:  https://tombilyeu.com/call Get my battle-tested strategies and insights delivered weekly to your inbox: sign up here.: https://tombilyeu.com/ ********************************************************************** If you're serious about leveling up your life, I urge you to check out my new podcast, Tom Bilyeu's Mindset Playbook —a goldmine of my most impactful episodes on mindset, business, and health. Trust me, your future self will thank you. ********************************************************************** FOLLOW TOM: Instagram: https://www.instagram.com/tombilyeu/ Tik Tok: https://www.tiktok.com/@tombilyeu?lang=en Twitter: https://twitter.com/tombilyeu YouTube: https://www.youtube.com/@TomBilyeu Quince: Free shipping and 365-day returns at https://quince.com/impactpodHomeServe: Help protect your home systems – and your wallet – with HomeServe against covered repairs. Plans start at just $4.99 a month at https://homeserve.comShopify: Sign up for your one-dollar-per-month trial period at https://shopify.com/impact Incogni: Take your personal data back with Incogni! Use code IMPACT at the link below and get 60% off an annual plan: https://incogni.com/impact Sintra AI: 72% off with code IMPACT at https://sintra.ai/impact Huel: High-Protein Starter Kit 20% off for new customers at https://huel.com/impact code impact Bevel Health: Visit https://bevel.health/impact and use code IMPACT to get your first month free. Ketone IQ: Visit https://ketone.com/IMPACT for 30% OFF your subscription order Cape: 33% off your first 6 months with code IMPACT at https://cape.co/impact Plaud: Get 10% off with code TOM10 at https://plaud.ai/tom Pique: 20% off at https://piquelife.com/impact Learn more about your ad choices. Visit megaphone.fm/adchoices

Today we are talking endurance.We breakdown the quote: “The trick in any field, from finance to careers to relationships is being able to survive the short-run problems. So you can stick around long enough to enjoy the long-term growth.” from Same as Ever by Morgan Housel's.Housel basically says the real trick is surviving the short-term problems long enough to benefit from the long-term ones. Which sounds obvious until you are in the middle of the short-term problems and losing your mind.In case you were wondering, the short-term problems never go away. They just change shape. Different job. Same stuff. New title. Same annoyances. Different company. Same human behavior.Endurance does not get nearly enough credit at work. Talent gets praised. Intelligence gets rewarded. Big ideas get airtime. But most careers are built by the people who can stay steady when things get boring, messy, repetitive, or just plain annoying.We talk about what endurance actually looks like in real life. Not grit as a poster on the wall, but the ability to compartmentalize, keep perspective, and not spiral every time something goes sideways. Showing up with energy even when you do not feel inspired. Doing the work in front of you instead of obsessing over everything else.We also get into effort. The stuff that takes no talent. Being prepared. Paying attention. Staying focused. Not quitting early just because something got hard or uncomfortable.If work feels heavy right now, if you are tired of the short-term problems and wondering when it gets easier, this one is a reminder that staying power matters.This is WORK. Underlined. Get full access to WORK at erikaayersbadan.substack.com/subscribe

Want the 4 money rules that changed Shaan's life? Get it here: https://clickhubspot.com/ugd Episode 787:  Sam Parr ( ⁠https://x.com/theSamParr⁠ ) and Shaan Puri ( ⁠https://x.com/ShaanVP⁠ ) talk to Morgan Housel ( https://x.com/morganhousel ) about the art of spending money.  Show Notes: (0:00) Intro (10:01) Don't cut your flowers (15:38) the 2 ways to use money (19:07) The freedom number (23:49) Koch brothers story (27:41) Performing for others (33:38) The Total Man list (41:59) the art of spending money (49:42) 10 years of money wisdom in 60 seconds — Links: • Morgan Housel books - https://www.morganhousel.com/  — Check Out Shaan's Stuff: • Shaan's weekly email - https://www.shaanpuri.com  • Visit https://www.somewhere.com/mfm to hire worldwide talent like Shaan and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than US equivalents. • Mercury - Need a bank for your company? Go check out Mercury (mercury.com). Shaan uses it for all of his companies! Mercury is a financial technology company, not an FDIC-insured bank. Banking services provided by Choice Financial Group, Column, N.A., and Evolve Bank & Trust, Members FDIC • I run all my newsletters on Beehiiv and you should too + we're giving away $10k to our favorite newsletter, check it out: beehiiv.com/mfm-challenge — Check Out Sam's Stuff: • Hampton - https://www.joinhampton.com/ • Ideation Bootcamp - https://www.ideationbootcamp.co/ • Copy That - https://copythat.com • Hampton Wealth Survey - https://joinhampton.com/wealth • Sam's List - http://samslist.co/ My First Million is a HubSpot Original Podcast // Brought to you by HubSpot Media // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano

One Yale economist certainly thinks so. But even if he's right, are economists any better? We find out, in this update of a 2022 episode. SOURCES:James Choi, professor of finance at the Yale School of Management.Morgan Housel, personal finance author and partner at the Collaborative Fund. RESOURCES:The Art of Spending Money: Simple Choices for a Richer Life, by Morgan Housel (2025).“Popular Personal Financial Advice versus the Professors,” by James J. Choi (Journal of Economic Perspectives, 2022).“Media Persuasion and Consumption: Evidence from the Dave Ramsey Show,” by Felix Chopra (SSRN, 2021).The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness, by Morgan Housel (2020).“In Bogle Family, It's Either Passive or Aggressive,” by Liam Pleven (Wall Street Journal, 2013). EXTRAS: “Harold Pollack on Why Managing Your Money Is as Easy as Taking Out the Garbage,” by People I (Mostly) Admire (2021).“People Aren't Dumb. The World Is Hard,” by Freakonomics Radio (2018).“Everything You Always Wanted to Know About Money (But Were Afraid to Ask),” by Freakonomics Radio (2017).“The Stupidest Thing You Can Do With Your Money,” by Freakonomics Radio (2017). Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.