Chapter
Breaking the Stigma Surrounding Money Talks with Peers
People often hesitate to talk about money because they fear it will affect their ability to belong. However, opening up about money earning strategies with peers can provide valuable insights and allow individuals to learn from one another.
Clips
The naive money buys what's hot, while smart money is constantly comparing and competing to make wise investments.
31:51 - 33:32 (01:41)
Summary
The naive money buys what's hot, while smart money is constantly comparing and competing to make wise investments.
ChapterBreaking the Stigma Surrounding Money Talks with Peers
EpisodeA MASTERCLASS On How To Prepare & Thrive In Recession EP 1293
PodcastThe School of Greatness
Diversification can reduce risk without reducing return.
33:32 - 35:06 (01:33)
Summary
Diversification can reduce risk without reducing return. Get your savings right and have humility about what you don't know. Don't just buy what's hot and have a plan.
ChapterBreaking the Stigma Surrounding Money Talks with Peers
EpisodeA MASTERCLASS On How To Prepare & Thrive In Recession EP 1293
PodcastThe School of Greatness
The fear of how we'll be perceived by our peers - whether we make too much or too little - is what drives us to avoid discussing money.
35:06 - 37:44 (02:38)
Summary
The fear of how we'll be perceived by our peers - whether we make too much or too little - is what drives us to avoid discussing money. However, the key to becoming allies is learning about and sharing our money-earning strategies with those who need them the most.
ChapterBreaking the Stigma Surrounding Money Talks with Peers
EpisodeA MASTERCLASS On How To Prepare & Thrive In Recession EP 1293
PodcastThe School of Greatness
In this podcast episode, the speaker highlights the significance of sharing money making strategies to empower people to invest and manage their finances better, particularly discussing investing strategies, real estate investments, and how to manage excess money.
37:44 - 38:48 (01:03)
Summary
In this podcast episode, the speaker highlights the significance of sharing money making strategies to empower people to invest and manage their finances better, particularly discussing investing strategies, real estate investments, and how to manage excess money.