Episode
Moment 75 - What You Think You Know About Money Is Wrong: Mo Gowdat
11:20
Published: Fri Sep 16 2022
Description
In these ‘Moment’ episodes of my podcast, I’ll be selecting my favourite moments from previous episodes of The Diary Of A CEO. In this moment Mo Gawdat lays out a philosophy for how to admit when you’re wrong, and the right way to go about setting priorities in your life. As Mo powerfully says, ‘50% of what I know is wrong’, and this is true for everyone. Coming to life from this position of humbleness is the only way we can truly get our head straight on what our life is and where it’s taking us. There are things that you need, like food and human interaction, and there are things that you want, like status or expensive possessions. Interrogating the insecurity in our wants and why we really want them is the best way to be at peace with ourselves, and to cut out toxic habits from our life. Because as Mo never tires of pointing out, it’s not how much money we have, but what amount of money we’re happy with, that counts. Listen to the full episode here - https://g2ul0.app.link/4GuqQfBYltb Mo: https://www.solveforhappy.com https://www.instagram.com/mo_gawdat/?hl=en Watch the Episodes On Youtube - https://www.youtube.com/c/TheDiaryOfACEO/videos
Chapters
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.
00:00 - 04:40 (04:40)
Summary
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.
EpisodeMoment 75 - What You Think You Know About Money Is Wrong: Mo Gowdat
PodcastThe Diary Of A CEO with Steven Bartlett
Money can be a powerful tool to contribute to the world as long as you own it and it doesn't own you, according to the speaker.
04:40 - 11:14 (06:33)
Summary
Money can be a powerful tool to contribute to the world as long as you own it and it doesn't own you, according to the speaker. The ability to invest in a mission that is bigger than oneself can lead to a positive impact on the world.