In this episode, the host discusses how to attain philosophical freedom in finance by breaking free from the common narratives and not making financial decisions out of fear or scarcity. He emphasizes the importance of sharing knowledge and not being afraid to explore new ways of thinking in the finance industry.
The speaker suggests having a system for your finances such as a process map or an email inbox into which money can be withdrawn to be allocated properly. It is recommended that one should exercise setting realistic targets, starting with an optimistic self, and saving and investing 20-30% of their income.
The key to finding peace of mind and enjoying the flow of happy money is to start counting your blessings and appreciating what you have. In light of potential conflicts and gas shortages, it's important to mentally prepare for the future.
Burt Kreischer shares his amusing experience of people seeking his opinion on the financial crisis despite his lack of expertise in finance.
The speaker believes that it's important to show your personality as a dragon investor and not just act like a dragon. They also discuss the need for education on financial concepts such as paying back loans and claiming money for research and development.
In this episode, the host discusses the collective agreement of people in the financial system to abide by certain rules and how individuals can choose to opt-out. He also shares his fears of living in a society where everyone agrees because of his ethnic background.
The speaker talks about how small expenses can add up to thousands of dollars, using the example of buying lunch for employees at the office, and how cutting just one dollar off the cost can lead to significant savings.
How to Money is a podcast hosted by two best friends who cover practical topics like buying vs. renting, saving money at the grocery store, maximizing income potential, and ways to battle money anxiety, helping listeners to make confident and informed financial decisions in uncertain times.
The financial industry needs to improve disclosure downstream so that consumers can make informed decisions about Payment for Order Flow. Meanwhile, the massive leverage taken on by hedge funds poses a risk to the market similar to the LTCM crisis.
A man receives a 90 million dollar payout and leaves only 50 million to a company, considering it a conservative amount.
The podcast discusses the concept of lifestyle inflation, where people adjust their spending as their income increases, often resulting in a never-ending need for more money.
In this episode, the host discusses the perception of the old financial system being obsolete and encourages listeners to explore alternative investment options such as real estate.
The speaker discusses how he made money despite the economic hardship and financial collapse of 2008 by not selling his assets and instead keeping them for the long-term despite the advice of others.
The speaker talks about how they gained financial literacy and learned about finances prior to getting married at a younger age, as opposed to the common notion that college graduation should come first before marriage.
In this episode of "The Problem," Jon Stewart interviews Gary Gensler, the chairman of the Securities and Exchange Commission, answering questions from the viewers and discussing various financial topics.
The hosts introduce the topic of compound interest and express excitement to discuss its importance in society.
The speaker advises a listener to buy more time at their mom's house to save up money and wait for better interest rates before deciding to rent or buy a house with their partner.
The annual shareholders meeting is nothing more than a performance that yields almost no important information worthwhile to investors, turning into a petty fight between old men.
This podcast explores how the inner child can affect financial decisions, causing adults to struggle and make questionable choices. By understanding where these patterns stem from, individuals can approach their financial situation with more compassion and clarity.
The speaker emphasizes the importance of taking opportunities for increased income, such as a job promotion, instead of relying on uncertain ways of earning like starting an OnlyFans account.
In this podcast, the guest discusses how some couples split their finances, with one person covering certain expenses and the other covering different expenses. The guest also shares their personal journey of working multiple jobs to pay off debt and build an emergency fund as a married individual.
The host reflects on the depressing topic of payday loans and mentions his podcast about the Second American Civil War, which seems more hopeful than the current state of affairs. He also jokes about using pegging as a way to cope with frustration.
The book, written by Janet Wallach, tells the story of the financial genius, Hedy Green, who was a successful railroad magnate and real estate mogul in the gilded era.
The hosts discuss the true identity of the Rich Dad in "Rich Dad Poor Dad" and the controversy surrounding the book's financial advice.
The speaker discusses the importance of discussing financial strategies with their business partner and potentially acquiring a loan or rolling over a retirement account. They stress the need for dedicating time to understanding the legal aspects of finance and treating it like a job.
The speaker discusses financial arrangements for a client who is in jail, including potential loans and using retirement accounts, and mentions exceptions to Freedom of Information Act (FOIA) regarding phone calls. The podcast also mentions jailhouse phone calls that suggest work was not done pro-bono.
The development of financial products requires intense mathematical knowledge, yet those selling these products are not always similarly invested. Those outside the financial industry who sell such products without licenses or experience can lead to dangerous investments and unaccountability for those losses.