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

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

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 (02:33) The Importance of Spending Money (04:43) Why Will This Podcast Make My Life Better? (07:54) Is There Something Wrong With Chasing Status? (10:26) What’s the Evolutionary Basis for This Stuff? (15:43) There's Always a Trade-Off (17:55) Saving Addiction (19:41) Can Money Make You Happy? (25:08) Are We All Stuck in a Status Game? (29:14) Is the "Freedom" Culture Actually Making People Unhappy? (31:12) Your Favorite Form of Saving Is Spending (33:17) Jealousy of Other People’s Wealth (35:17) The Spectrum of Financial Independence (38:57) How Do People Achieve Financial Independence? (41:32) How Does Dopamine Factor Into All of This? (49:07) We're Wired to Want More (54:51) People Retiring Early Tend to Wish They Hadn't (55:52) Passive Income Myths (58:06) Ads (59:07) Do I Need to Know About Economics for This? (1:05:01) What’s Going On in the World? (1:08:55) How Wealth Inequality Is Dividing People (1:10:50) The Charlie Kirk Shooting (1:19:04) Is There a Way Back From This Divide? (1:23:39) What Should We Be Doing to Help? (1:25:28) Are You Optimistic About the Western Economy? (1:27:23) Favorite Chapter From the Book (1:32:34) Ads (1:34:42) Why You Should Try New Things (1:37:29) Are You Chasing a Lifestyle That's Not Right for You? (1:40:48) Does Jack Think Steven Is Happy? (1:49:37) Should We Feel Guilty About the Lack of Contentment? (1:52:49) The Relationship Between Money and Kids (1:55:42) The Exact Formula for Spending (2:02:05) Humble Bubble (2:04:07) Do You Have Major Regrets in Life? Follow Morgan: Instagram - https://bit.ly/3KllnvJ X - https://bit.ly/4pJf4lT You can purchase Morgan’s book, ‘The Art of Spending Money’, here: https://amzn.to/46F9JTO The Diary Of A CEO: ◼️Join DOAC circle here - https://doaccircle.com/ ◼️Buy The Diary Of A CEO book here - https://smarturl.it/DOACbook ◼️The 1% Diary is back - limited time only: https://bit.ly/3YFbJbt ◼️The Diary Of A CEO Conversation Cards (Second Edition): https://g2ul0.app.link/f31dsUttKKb ◼️Get email updates - https://bit.ly/diary-of-a-ceo-yt ◼️Follow Steven - https://g2ul0.app.link/gnGqL4IsKKb Sponsors: Linkedin Jobs - https://www.linkedin.com/doac Vanta - https://vanta.com/steven Replit - http://replit.com with code STEVEN

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Productivity Expert: How To Finally Stay Productive: Ali Abdaal

Productivity Expert: How To Finally Stay Productive: Ali Abdaal

Ali Abdaal is a first in his class Cambridge graduate who is an expert in productivity and getting the most out of your life. He finished top of his year at Cambridge, but he wasn’t content with mastering productivity in one field. As well as being a full time student, he built a multi-million dollar business, as well as a youtube channel with over two million subscribers. Ali manages to squeeze every moment from his day. Yet when you listen to this, you’ll see that the techniques he uses to do this are really simple. He’s learnt them through hard-fought experience, and today he’s willing to share them with us. Ali has been a qualified doctor now for three years, and still practices medicine part-time. But he’s spread his wings and still runs his businesses and courses on the side. With so much he packs into his life, Ali is quite simply the best out there at helping you to maximise your productive potential. Today, he opens up like never before to reveal exactly how he does it all, and how you can too. Follow Ali: YouTube - www.youtube.com/@aliabdaal Instagram - https://www.instagram.com/aliabdaal Follow me: https://beacons.ai/diaryofaceo Learn more about your ad choices. Visit megaphone.fm/adchoices

16 Aug 20211h 35min

Moment 18 - Ben Fogle on How He Lost & Found His Confidence

Moment 18 - Ben Fogle on How He Lost & Found His Confidence

In these ‘Moment’ episodes of my podcast, I’ll be selecting my favourite moments from previous episodes of The Diary Of A CEO. Being the writer, tv presenter and adventurer that he is, you’d be forgiven for thinking Ben Fogle is a man full of confidence, but that hasn’t always been the case. In this moment episode, Ben takes us along his journey with self-confidence. From early childhood to the top of Everest, Ben reveals how he built his confidence and learned to love who he is. Episode 81 - https://g2ul0.app.link/pcgvNmfwDib Ben: https://twitter.com/benfogle https://www.instagram.com/benfogle/ Learn more about your ad choices. Visit megaphone.fm/adchoices

12 Aug 202113min

NotOnTheHighStreet.com Founder: Rapid Success Lead To My Darkest Days: Holly Tucker

NotOnTheHighStreet.com Founder: Rapid Success Lead To My Darkest Days: Holly Tucker

Holly Tucker MBE has over twenty years experience building businesses, and today she shares that insight with us. After working in advertising, media, and for a start-up, Holly gave it all up to start Not On The High Street, an online start-up with an inspiring mission: to give a wider platform for small businesses to compete with high street chains. Known as ‘Hurricane Holly’ for always doing everything quickly, she started Not On the High Street in 2006. Then, it was just one of three online marketplaces in the world, the other two being Amazon and Ebay. Now, her business is going from strength to strength, and employs over 200 people from her West London base. She has used her knowledge to counsel others looking to build their own businesses, and is the author of three books, the latest being Do What You Love, Love What You Do, about how to turn your passion into profit. We think after listening to Holly’s story you’ll see how anyone can found a successful business, no matter what barriers stand in their way. Holly’s story is nothing short of inspiring, and we can’t wait for you to hear it. Follow Holly: Instagram - https://www.instagram.com/hollytucker Holly’s book - https://amzn.eu/d/6tXricl Follow me: https://beacons.ai/diaryofaceo Learn more about your ad choices. Visit megaphone.fm/adchoices

9 Aug 20211h 26min

Moment 17 - Russell Kane Reveals The Simple Path To Success

Moment 17 - Russell Kane Reveals The Simple Path To Success

In these ‘Moment’ episodes of my podcast, I’ll be selecting my favourite moments from previous episodes of The Diary Of A CEO. Russell Kane was one of the most surprising guests I’ve ever had on this podcast. Not only is he intelligent and self-aware, but he is also very straight-talking, which is one of the reasons why I believe this ‘moment’ from the podcast is so powerful. Together, Russell and I were discussing success and what it truly takes to become a successful person. In actual fact, the path to success is a pretty simple one, but sometimes the most simple truths can be the most demanding. Episode 79 - https://g2ul0.app.link/5lybE6twDib Russell: https://twitter.com/russell_kane https://www.instagram.com/russell_kane/  Learn more about your ad choices. Visit megaphone.fm/adchoices

5 Aug 202110min

Patricia Bright: How She Made Her Millions

Patricia Bright: How She Made Her Millions

Patricia Bright is one of the most innovate and inspiring influencers working today. Born and bred in South London, Patricia shares advice and stories on beauty, style, fashion and finance to her 2.8 million YouTube subscribers on her channel Patricia Bright, and her 1.2 million Instagram followers. She’s also a founder of The Break, which offers financial advice to her followers, as well as de-mystifying how you try and achieve personal success. She says she called it ‘The Break’ “to represent the gap between what you see as a ‘good’ lifestyle and how you build a plan to actually get there”. Before becoming an influencer full time, she juggled posting on youtube with being a student, working for an investment bank and a Top Four consultancy firm. Now, she’s the CEO of her own brand. Patricia is a different kind of influencer with an incredible story to tell, I’m sure in this conversation you’ll begin to understand what it took to get her where she is today. Follow Patricia: Instagram - https://www.instagram.com/thepatriciabright Twitter - https://twitter.com/pattyolovesu YouTube - https://youtube.com/PatriciaBright Follow me: https://beacons.ai/diaryofaceo Learn more about your ad choices. Visit megaphone.fm/adchoices

2 Aug 20211h 12min

Moment 16 - Rio Ferdinand On How To Create A World-Class Culture

Moment 16 - Rio Ferdinand On How To Create A World-Class Culture

In these ‘Moment’ episodes of my podcast, I’ll be selecting my favourite moments from previous episodes of The Diary Of A CEO. I’ve supported Manchester United for years and some of the fondest memories watching my team were made during Rio Ferdinand’s Man United era. In today’s clip, Rio reveals the secrets behind Sir Alex Ferguson’s world-class, trophy-winning culture which made Manchester United one of the greatest clubs in the world. Episode 79 - https://g2ul0.app.link/sMvFiMdXfib Rio: https://twitter.com/rioferdy5 https://www.instagram.com/rioferdy5/ Learn more about your ad choices. Visit megaphone.fm/adchoices

29 Jul 202113min

Reggie Yates Reveals The Secret To Staying Driven & Reaching Your Potential

Reggie Yates Reveals The Secret To Staying Driven & Reaching Your Potential

Reggie is someone that’s been on our screens for the best part of three decades. Making his first tv appearance on Desmond’s at the age of just eight years old. This would kick start a career in acting, tv presenting, radio DJ, singing and documentary film making. In the last decade, Reggie has become synonymous with critically acclaimed documentaries. His films include the BBC3 Extreme series including Reggie Yates: Extreme Russia, Extreme South Africa and Extreme UK which are all available to a worldwide audience on Netflix. In 2016, Reggie was awarded Best Presenter for the critically acclaimed Extreme Russia at the Royal Television Society Awards, Best Factual Programme at the Edinburgh TV Festival, and Best Multi-channel Programme at the Broadcast Awards. Reggie is a unique person, the journey he’s been on is one to be admired. I’m sure in this conversation today you’ll begin to understand what got him to where he is today, the factors that made him so driven and adaptable. Thank you Reggie, thank you for your honesty. Follow Reggie: Instagram - https://www.instagram.com/regyates Twitter - https://twitter.com/regyates Follow me: https://beacons.ai/diaryofaceo Learn more about your ad choices. Visit megaphone.fm/adchoices

26 Jul 20211h 44min

Moment 15 - Ant Middleton: The Power Of A Positive Perspective

Moment 15 - Ant Middleton: The Power Of A Positive Perspective

In these ‘Moment’ episodes of my podcast, I’ll be selecting my favourite moments from previous episodes of The Diary Of A CEO. Today, I’ve chosen one of the most powerful moments from my episode with Ant Middleton. Ant shares with us how liberating it can feel when you turn a negative into a positive and reveals just how easy it can be to shift your mindset to a more positive one. The truth is, failure and negativity aren’t always harmful to our success, in fact, Ant would argue that they’re both important in fueling our growth and becoming better as people. Episode 74 - https://g2ul0.app.link/HkxIXqbI4hb Ant: https://www.instagram.com/antmiddleton/ https://twitter.com/antmiddleton Learn more about your ad choices. Visit megaphone.fm/adchoices

22 Jul 202113min

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