Chapter

The Truth About Money
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00:00 - 04:40 (04:40)

Basic needs are reasonably covered by money, but when spent on luxury items such as a Louis Vuitton bag or fancy car, it leads to a vicious cycle of working harder, paying more costs, and ultimately wasting money on things that may never be used.

Clips
Money only serves to cover the basic needs of an individual such as food, clothing, and shelter.
00:00 - 04:40 (04:40)
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Money management
Summary

Money only serves to cover the basic needs of an individual such as food, clothing, and shelter. Spending money on unnecessary and expensive things, like luxury bags and cars, causes one to work harder and ultimately makes them pay more costs in the end.

Chapter
The Truth About Money
Episode
Moment 75 - What You Think You Know About Money Is Wrong: Mo Gowdat
Podcast
The Diary Of A CEO with Steven Bartlett