The Psychology of Money podcast delves into the hidden forces that shape our thoughts, feelings, and behaviors regarding money. Based on the bestselling book by Morgan Housel, this show explores why financial success is more about behavior than intelligence and why mastering your mindset is crucial to achieving financial success.

Each episode delves into timeless principles, such as the power of compounding, the allure of greed, the role of luck and risk, and the crucial distinction between being rich and staying rich. Through real-life stories, from janitors who died millionaires to executives who went bankrupt, we reveal the surprising truths behind personal finance, investing, and wealth-building that most people overlook.

This podcast isn’t about stock tips or budget hacks; it’s about understanding yourself. Why do smart people make dumb money decisions? How can ordinary people build extraordinary wealth? What does it mean to have “enough”?

Whether you're an investor, entrepreneur, or just someone trying to make sense of your finances, The Psychology of Money offers practical wisdom to help you think differently and more clearly about money.

New episodes drop weekly. Tune in, and transform the way you relate to wealth forever.

Book Link:

https://amzn.to/4e17zkt

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The Psychology of Money podcast episode delves deep into the fascinating intersection of human behavior and financial decision-making, exploring why money - something that affects and often confuses all of us - remains one of the greatest shows on Earth. Drawing from over a decade of financial writing experience, including insights gained during the 2008 financial crisis, this episode unravels the complex web of how different people think about and interact with money, while examining its profound impact on risk-taking, confidence, and happiness.

In this concise yet powerful exploration, we'll break down 20 of the most important and counterintuitive features of our financial psychology, demonstrating how history may not repeat itself, but human behavior invariably does. From understanding the fine line between bold and reckless decisions to unpacking the intricate relationship between risk and luck, this episode offers listeners practical insights into the behavioral patterns that shape our financial lives. Whether you're an experienced investor or just starting your financial journey, this discussion will transform how you think about money and the psychological forces that influence our financial decisions.

Book Link:

https://amzn.to/4jXfiSA

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"The Millionaire Fastlane" podcast episode cuts through the conventional wisdom of wealth-building to reveal why traditional 'millionaire' status no longer guarantees a luxurious lifestyle. In this eye-opening discussion, we explore the stark differences between Slowlane and Fastlane millionaires, where the latter build substantial wealth in under a decade while the former spend 30+ years accumulating modest fortunes. We'll examine real-world examples of Fastlane success stories, from the creation of billion-dollar web platforms to revolutionary product innovations that generated massive wealth through scalable business models.

Listeners will discover the three powerful Fastlane strategies, including the concept of Intentional Iteration, that have helped entrepreneurs transform their financial trajectories. This episode challenges the traditional middle-class approach to wealth accumulation and presents a compelling argument for why today's aspiring millionaires need to aim for $10 million or more to achieve true financial freedom. Whether you're an entrepreneur, business owner, or someone seeking to escape the conventional path to wealth, this episode provides actionable insights into building substantial wealth on your own terms, all while you're still young enough to enjoy it.

Book Link:

https://amzn.to/3EjEun6

“As an Amazon Associate, I earn from qualifying purchases.”

"The Richest Man in Babylon" podcast episode delves into the timeless financial wisdom from one of history's most prosperous cities, revealing why Babylon became the wealthiest city of the ancient world. This episode uncovers the fundamental principles that enabled ordinary Babylonian citizens to amass extraordinary wealth, exploring their practical approaches to acquiring, preserving, and growing their money. Through the lens of ancient wisdom, we'll examine how these time-tested principles remain remarkably relevant in today's financial landscape.

Join us as we unravel the story of Arkad, the richest man in Babylon, and discover how his teachings transformed the financial destinies of countless individuals who sought his counsel. We'll explore the profound truth that "a part of all you earn is yours to keep" and how this simple yet powerful principle can revolutionize your approach to personal finance. This episode bridges ancient wisdom with modern application, offering listeners practical strategies for building lasting wealth, creating sustainable income streams, and securing their financial future, just as the citizens of Babylon did thousands of years ago.

Book Link:

https://amzn.to/3E5tPfT

“As an Amazon Associate, I earn from qualifying purchases.”

In this enlightening episode, we dive deep into Paul Graham's revolutionary perspective on wealth creation, his essay exploring the fundamental difference between money and true wealth. Graham challenges conventional wisdom by explaining that wealth is simply creating what people want, and while there are numerous ways to acquire money - from inheritance to speculation - creating wealth remains the most straightforward and legitimate path to financial success. This episode breaks down why understanding customer desires is crucial and how delivering value directly correlates to generating wealth.

We'll explore Graham's fascinating insights into productivity variations, particularly in the technology sector, where a single talented programmer can generate hundreds of thousands of dollars in value within days while others might create negative value. The episode also examines why traditional corporate structures often fail to reward exceptional productivity and why entrepreneurship has become the vehicle of choice for those seeking to convert their enhanced productivity into proportional rewards. Whether you're an aspiring entrepreneur, a technology professional, or simply interested in understanding the mechanics of wealth creation, this episode offers valuable perspectives on how wealth is made rather than distributed.

Paul is a co-founder of the startup accelerator and seed capital firm Y Combinator.

The essay can be found here:

https://www.paulgraham.com/wealth.html

In this compelling episode, we dive deep into the transformative principles that have shaped some of the world's most successful financial minds. Drawing from Tony Robbins' revolutionary approach to wealth building, we explore why the wealthy elite view money management as a strategic game - one that requires skill, understanding, and the right mindset to win. From the incredible success story of Salesforce.com, which grew into a $5 billion revenue giant through these principles, to the insights of Ray Dalio, founder of the world's largest hedge fund, this episode breaks down complex financial concepts into actionable strategies that both novice investors and seasoned professionals can apply.

Discover why contrarian thinking in investing could be your biggest downfall, and learn how to model the behavior of financial masters who have already achieved what you desire. We'll challenge common misconceptions about wealth building and reveal why some of the wealthiest people continue to work long hours even after amassing billions. This isn't just another discussion about money - it's a comprehensive guide to understanding the game that you and your family can't afford to sit out. Whether you're just starting your financial journey or looking to refine your investment strategy, this episode provides the fundamental tools and mindset shifts necessary to create your own path to financial freedom.

Book Link:

https://amzn.to/4joLpKt

“As an Amazon Associate, I earn from qualifying purchases.”

Join us for an eye-opening exploration of how money is actually created in our modern financial system, debunking common misconceptions and revealing the surprising truth about the role of commercial banks. In this episode, we'll dive deep into the fascinating process of money creation, explaining how it's not as simple as governments printing cash or banks lending out their deposits. Instead, we'll uncover how commercial banks are the primary creators of money through their lending activities, and how this process fundamentally shapes our economy.

We'll also examine the crucial limitations on banks' ability to create money and the essential role that central bank policies play in maintaining economic stability. Our discussion will tackle the complex relationship between monetary policy and money creation, including a special focus on quantitative easing (QE) and its impact on the financial system. Whether you're a finance professional, student, or simply curious about how our monetary system works, this episode will provide you with a clear understanding of the mechanisms that drive money creation in today's economy and why this knowledge is vital for understanding modern economic dynamics.

"The New Confessions of an Economic Hit Man" takes listeners on a shocking journey into the dark underbelly of global economics, where corporate executives now walk the same shadowy paths once reserved for a select group of economic hit men (EHMs). This explosive episode reveals how the EHM playbook has evolved from government-sponsored economic manipulation to a widespread corporate practice, with Fortune 500 companies like Exxon, Walmart, General Motors, and Monsanto leading the charge. Drawing from the international bestseller that spent over 70 weeks on the New York Times bestseller list, we explore how these modern-day EHMs seduce, cajole, and threaten their way to global economic dominance.

In this compelling hour, we'll examine how we've all become unwitting accomplices in this global economic scheme and what we can do to break free from it. Our discussion delves into practical solutions for both individuals and corporations, including specific actions businesses can take to shift from exploitative practices to regenerative ones. This eye-opening episode isn't just about exposing problems – it's about understanding our collective responsibility and taking concrete steps toward creating a more equitable global economy. Whether you're a business leader, entrepreneur, or concerned citizen, this episode offers essential insights into how we can transform our economic system from within.

Book Link:

https://amzn.to/3YnpzyT

“As an Amazon Associate, I earn from qualifying purchases.”