Tag Archives: savings expert

The Savings Expert: Passive Income Is A Scam! Post-Traumatic Broke Syndrome Is Controlling Millions!

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Morgan Housel, global expert on personal finance, shares powerful lessons on Warren Buffett’s hidden struggles, Elon Musk’s sacrifices, money trauma and financial habits, how to invest wisely, and the psychology behind saving, spending, and success.

Morgan Housel is a partner at Collaborative Fund, former columnist for The Wall Street Journal, and a speaker on investing, saving, spending, and financial independence. He is also the bestselling author of books, such as: ‘The Psychology of Money’ and ‘The Art of Spending Money’.

He explains:
◼️ Why more money rarely solves unhappiness
◼️ How envy and social comparison drive overspending
◼️ Why extreme wealth often comes at the cost of health and relationships
◼️ How inflated definitions of “wealth” fuel endless consumerism
◼️ Why true happiness comes from family, friends, and health – not luxury

00:00 Intro
02:21 The Importance of Spending Money
04:31 Why Will This Podcast Make My Life Better?
07:42 Is There Something Wrong With Chasing Status?
10:14 What’s the Evolutionary Basis for This Stuff?
15:31 There's Always a Trade-Off
17:43 Saving Addiction
19:29 Can Money Make You Happy?
24:56 Are We All Stuck in a Status Game?
29:02 Is the "Freedom" Culture Actually Making People Unhappy?
31:00 Your Favorite Form of Saving Is Spending
33:05 Jealousy of Other People’s Wealth
35:04 The Spectrum of Financial Independence
38:45 How Do People Achieve Financial Independence?
41:20 How Does Dopamine Factor Into All of This?
48:55 We're Wired to Want More
54:39 People Retiring Early Tend to Wish They Hadn't
55:40 Passive Income Myths
57:54 Ads
58:55 Do I Need to Know Economics for This?
1:04:49 What’s Going On in the World?
1:08:43 How Wealth Inequality Is Dividing People
1:10:38 The Charlie Kirk Shooting
1:18:52 Is There a Way Back From This Divide?
1:23:27 What Should We Be Doing to Help?
1:25:16 Are You Optimistic About the Western Economy?
1:27:11 Favorite Chapter From the Book
1:32:22 Ads
1:34:30 Why You Should Try New Things
1:37:17 Are You Chasing a Lifestyle That's Not Right for You?
1:40:35 Does Jack Think Steven Is Happy?
1:49:25 Should We Feel Guilty About Lacking Contentment?
1:52:37 The Relationship Between Money and Kids
1:55:30 The Exact Formula for Spending
2:01:53 Humble Bubble
2:03:55 Do You Have Major Regrets in Life?

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You can purchase Morgan’s book, ‘The Art of Spending Money’, here: https://amzn.to/3VKPajM

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The Savings Expert: “Do Not Buy A House!” Do THIS Instead! – Morgan Housel

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If you enjoy hearing about how to master the world of finance, I recommend you check out my conversation with Ramit Sethi, which you can find here: https://www.youtube.com/watch?v=ORqd9QAC8OY

00:00 Intro
02:23 Why Do You Write Books About Money?
04:14 The Psychology of Money u0026 What Wealth Really Means
10:53 Why Not Having Control in Your Life Is Making You Unhealthy and Unhappy
14:05 Why You Need to Learn to Stop Pushing Your Financial Goals
18:20 The First and Most Important Rule of Happiness
22:16 The Most Valuable Financial Skill Anyone Can Have
25:35 The Most Important Saying for a Relationship or Career
27:48 Why Low Income People Are More Reckless With Money
32:17 How to Learn to Finally Save Your Money
35:55 A Tragic Incident That Taught Me My Most Valuable Lesson About Money
41:33 Investing and the Biggest Mistake Most People Make
45:55 The Best Advice on How to Invest Your Money
51:58 The Janitor That Became a Multimillionaire
54:41 Pensions
56:28 How Do We Know When Enough Is Enough?
59:34 Should We Save Our Money for Our Children?
01:03:19 Why You Should Never Check Up on Your Investments
01:07:34 The Benefits of Not Working for Big Companies
01:08:58 Why Everyone Is Bullshitting Their Way Through Investing
01:11:27 Why You Should Take That Risk
01:17:32 The Best Bit of Advice I Ever Received
01:26:15 The Biggest Factor That Will Ensure You Lose Your Money
01:31:48 The Confidence Rule Around Your Finances You Need to Know
01:41:55 The Power of a Great Story
01:44:42 The Power of Compounding Interest
01:50:15 Bad Times Often Change Us for Good
01:53:03 Wealth Creation Conclusion
01:53:57 The Last Guest’s Question

You can purchase Morgan’s most recent book, ‘Same as Ever: Timeless Lessons on Risk, Opportunity and Living a Good Life’, here: https://amzn.to/467d77x

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The Savings Expert: They’re Lying About Buying A House! Tariffs Will Skyrocket Your Living Costs!

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Morgan Housel, is a tariff expert, investor and bestselling author of ‘The Psychology of Money’ and ‘Same As Ever’, is one of the world’s top experts on financial psychology, economic collapse warnings, and building true financial freedom. His life-changing insights have transformed how millions approach money, investing, and wealth-building.

00:00 Intro
02:00 Timeless Lessons of Greed, Wealth, and Happiness
04:40 The Current Tariff Situation in 2025
06:54 What Are Tariffs?
11:41 Trump's True Reason for the Tariffs
18:13 Why Is China the Factory of the World?
20:25 China Stopped Being a Cheap Labour Country
22:54 What's the Impact of the Tariffs?
24:57 America's Trust
26:32 Are We Heading for a Recession?
29:20 The Importance of Backups During a Recession
30:38 How to Be Financially Free in 2025
35:49 The Evolutionary Desire to Show Off — Status
40:32 Salary Differences
42:58 We Have a Distorted View of Financial Wealth
44:18 Advice for the Economic Crisis
45:44 How Much Money Do You Need Saved?
46:45 The Impact of AI in Our Wealth Building
56:11 The Skills You'll Need in the AI Era
57:45 How to Have a Money Mindset
01:00:35 Why People Get Stuck in Crypto Scams
01:03:13 Women vs. Men: Who's Better at Saving and Taking Risks?
01:05:54 Crypto
01:07:02 What History Tells Us About New Technologies, Wealth, and Failure
01:08:30 Could the Crypto Security System Be Broken?
01:10:00 The Strategies Wealthy People Use
01:11:34 Intelligence vs. Endurance
01:13:07 Why Is Perseverance Key?
01:14:51 The Best Way to Have a Big Investment Return
01:16:40 The Power of Compounding in Your Savings
01:21:46 How Money and Psychology Are Linked
01:26:42 You Need to Change Your View on Savings
01:30:50 Biggest Regrets of People on Their Deathbeds
01:37:00 The Most Asked Questions About Finances
01:40:56 Where Are Your Investments Allocated?
01:41:43 Vanguard Index Fund
01:49:33 Where to Invest Spare Cash?
01:56:04 The Dangers of Retiring
02:03:10 How to Live a Happy Life

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You can follow Morgan, here:
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Website – ⁠https://bit.ly/42LM4PD⁠
Instagram – ⁠https://bit.ly/449vnQp⁠

You can pre-order Morgan’s books, The Art of Spending Money: Simple Choices for a Richer Life, here: ⁠https://amzn.to/3GmHRu4⁠ (US) / ⁠https://amzn.to/3EEy5mE⁠ (UK)

You can find out more about the books mentioned, here:
‘The Intelligent Investor’, Benjamin Graham: ⁠https://amzn.to/4iwqHHW⁠

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The Savings Expert: Are You Under 45? You Won’t Get A Pension! Don’t Buy A House! – Jaspreet Singh

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Revealing what hedge funds and multinational banks don't want you to know about building wealth! Jaspreet Singh is spilling secrets and helping everyday people find financial freedom. Jaspreet Singh is an entrepreneur, former attorney, and financial educator. He is CEO of Briefs Media and host of the 'Minority Mindset' finance and entrepreneurship YouTube channel. He knows all about investing in real estate, stocks, crypto, startups, gold and more!

00:00 Intro
02:03 Who Should Care About Jaspreet's Message and Why?
03:10 The Difference Between Those Who Build Wealth and Those Who Don’t
08:00 When Did the Penny Drop for Jaspreet?
12:52 Lessons From Starting Early in Business
17:37 Should I Buy a House?
24:09 What Is Opportunity Cost?
26:16 Is Renting Really Throwing Money Away?
28:01 How to Know If You Can Afford a House
30:48 Do People Really Know What They’re Spending?
32:40 Showing Wealth vs. Hiding Wealth
37:52 How to Stop Living Paycheck to Paycheck
44:08 Why Is It So Hard to Sacrifice?
47:01 How Life Struggles Lead to Reckless Financial Decisions
50:05 Jaspreet’s Perspective on Cryptocurrency
54:34 The Money Mindset Explained
59:34 How Negative Stereotypes Stop Us From Achieving Success
01:02:54 The 9 Dots Trivia
01:08:39 Overcoming Barriers in Life and Finances
01:11:03 How to Escape Financial Barriers
01:13:25 Why We Need to Remind Ourselves of Our Mantra
01:16:23 What Does It Mean to Say Money Is a Tool?
01:20:26 Why It’s Important to Know There’s Plenty of Money Out There
01:22:38 Why It’s Your Duty to Build Wealth
01:23:45 Should We Change Investment Strategies With Trump in Power?
01:27:38 How to Invest in Real Estate
01:30:01 Jaspreet’s Best Investment
01:34:51 Choosing the Right People: A Lesson From Steve Jobs
01:43:18 Developing an Internal Locus of Control
01:50:07 Elon Musk, Asset Loans, and Tax Efficiency
01:54:36 Understanding the Retirement Crisis
01:56:12 How Much Do You Need to Retire?
02:02:13 What’s the Solution to the Retirement Crisis?
02:10:20 Principles for Success in Business
02:13:48 Ads break
02:16:30 Why Patience Is Key in the Money Game
02:20:56 The Best Places to Gain Knowledge and Skills
02:22:47 What’s the Most Important Thing We Didn’t Discuss Today?
02:23:56 The Guest Last Question

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