The Savings Expert: They're Lying To You About Buying A House! Tariffs Are About To Skyrocket Cost Of Living! Here's The Truth About America Collapsing!
The Diary Of A CEO with Steven Bartlett
Intro02:10 Timeless Lessons of Greed, Wealth, and Happiness04:51 The Current Tariff Situation in 202507:05 What Are Tariffs?11:51 Trump's True Reason for the Tariffs18:24 Why Is China the Factory of the World?20:35 China Stopped Being a Cheap Labour Country23:04 What's the Impact of the Tariffs?25:07 America's Trust26:42 Are We Heading for a Recession?29:30 The Importance of Backups During a Recession30:48 How to Be Financially Free in 202535:59 The Evolutionary Desire to Show Off — Status40:42 Salary Differences43:09 We Have a Distorted View of Financial Wealth44:28 Advice for the Economic Crisis45:55 How Much Money Do You Need Saved?46:56 The Impact of AI in Our Wealth Building56:22 The Skills You'll Need in the AI Era57:56 How to Have a Money Mindset01:00:56 Why People Get Stuck in Crypto Scams01:03:34 Women vs. Men: Who's Better at Saving and Taking Risks?01:06:15 Crypto01:07:23 What History Tells Us About New Technologies, Wealth, and Failure01:08:51 Could the Crypto Security System Be Broken?01:10:21 The Strategies Wealthy People Use01:11:55 Intelligence vs. Endurance01:13:28 Why Is Perseverance Key?01:15:12 The Best Way to Have a Big Investment Return01:17:01 The Power of Compounding in Your Savings01:22:06 How Money and Psychology Are Linked01:27:03 You Need to Change Your View on Savings01:31:10 Biggest Regrets of People on Their Deathbeds01:37:20 The Most Asked Questions About Finances01:41:17 Where Are Your Investments Allocated?01:42:03 Vanguard Index Fund01:49:54 Where to Invest Spare Cash?01:56:24 The Dangers of Retiring02:03:31 How to Live a Happy Life
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About the Guest
Morgan Housel, partner at Collaborative Fund 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.
Guest Links
Books
- The Art of Spending Money: Simple Choices for a Richer Life (US)
- The Art of Spending Money: Simple Choices for a Richer Life (UK)
- 'The Intelligent Investor' by Benjamin Graham
Resources
- The 1% Diary
- The Diary Of A CEO Conversation Cards (Second Edition)
- Get email updates
- Think like a CEO – join the 100 CEOs newsletter
- Follow Steven
Raw Description
<p>Is buying a house the biggest financial mistake you could make right now, and will the next Great Depression hit even harder? Morgan Housel reveals the real story. </p> <p><br></p> <p>Morgan Housel, partner at Collaborative Fund 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.</p> <p><br></p> <p>He explains:</p> <ul> <li> <p>Why America’s economy could be quietly collapsing</p> </li> <li> <p>How devastating tariffs could trigger another Great Depression</p> </li> <li> <p>Why robots are replacing the middle class faster than ever</p> </li> <li> <p>The hidden $30 trillion debt threatening the future of the US</p> </li> <li> <p>Why buying a home right now could be a financial trap</p> </li> <li> <p>How to build true financial freedom even during turbulent times</p> </li> </ul> <p>00:00 Intro<br>02:10 Timeless Lessons of Greed, Wealth, and Happiness<br>04:51 The Current Tariff Situation in 2025<br>07:05 What Are Tariffs?<br>11:51 Trump's True Reason for the Tariffs<br>18:24 Why Is China the Factory of the World?<br>20:35 China Stopped Being a Cheap Labour Country<br>23:04 What's the Impact of the Tariffs?<br>25:07 America's Trust<br>26:42 Are We Heading for a Recession?<br>29:30 The Importance of Backups During a Recession<br>30:48 How to Be Financially Free in 2025<br>35:59 The Evolutionary Desire to Show Off — Status<br>40:42 Salary Differences<br>43:09 We Have a Distorted View of Financial Wealth<br>44:28 Advice for the Economic Crisis<br>45:55 How Much Money Do You Need Saved?<br>46:56 The Impact of AI in Our Wealth Building<br>56:22 The Skills You'll Need in the AI Era<br>57:56 How to Have a Money Mindset<br>01:00:56 Why People Get Stuck in Crypto Scams<br>01:03:34 Women vs. Men: Who's Better at Saving and Taking Risks?<br>01:06:15 Crypto<br>01:07:23 What History Tells Us About New Technologies, Wealth, and Failure<br>01:08:51 Could the Crypto Security System Be Broken?<br>01:10:21 The Strategies Wealthy People Use<br>01:11:55 Intelligence vs. Endurance<br>01:13:28 Why Is Perseverance Key?<br>01:15:12 The Best Way to Have a Big Investment Return<br>01:17:01 The Power of Compounding in Your Savings<br>01:22:06 How Money and Psychology Are Linked<br>01:27:03 You Need to Change Your View on Savings<br>01:31:10 Biggest Regrets of People on Their Deathbeds<br>01:37:20 The Most Asked Questions About Finances<br>01:41:17 Where Are Your Investments Allocated?<br>01:42:03 Vanguard Index Fund<br>01:49:54 Where to Invest Spare Cash?<br>01:56:24 The Dangers of Retiring<br>02:03:31 How to Live a Happy Life</p> <p><br></p> <p>You can follow Morgan, here:</p> <p>Twitter - <a href="https://bit.ly/3RzBBSc"><u>https://bit.ly/3RzBBSc</u></a> </p> <p>Website - <a href="https://bit.ly/42LM4PD"><u>https://bit.ly/42LM4PD</u></a> </p> <p>Instagram - <a href="https://bit.ly/449vnQp"><u>https://bit.ly/449vnQp</u></a> </p> <p> </p> <p>You can pre-order Morgan’s books, The Art of Spending Money: Simple Choices for a Richer Life, here: <a href="https://amzn.to/3GmHRu4"><u>https://amzn.to/3GmHRu4</u></a> (US) / <a href="https://amzn.to/3EEy5mE"><u>https://amzn.to/3EEy5mE</u></a> (UK)</p> <p><br></p> <p>You can find out more about the books mentioned, here:</p> <p>‘The Intelligent Investor’, Benjamin Graham: <a href="https://amzn.to/4iwqHHW"><u>https://amzn.to/4iwqHHW</u></a> </p> <p><br></p> <p>The 1% Diary is back – limited time only:</p> <p><a href="https://bit.ly/1-Diary-Megaphone-ad-r%E2%80%A6"><u>https://bit.ly/1-Diary-Megaphone-ad-r…</u></a> </p> <p><br></p> <p>The Diary Of A CEO Conversation Cards (Second Edition):</p> <p><a href="https://g2ul0.app.link/f31dsUttKKb"><u>https://g2ul0.app.link/f31dsUttKKb</u></a> </p> <p><br></p> <p>Get email updates: <a href="https://bit.ly/diary-of-a-ceo-yt"><u>https://bit.ly/diary-of-a-ceo-yt</u></a> </p> <p>Think like a CEO – join the 100 CEOs newsletter: <a href="https://bit.ly/100-ceos-newsletter"><u>https://bit.ly/100-ceos-newsletter</u></a> </p> <p>Follow Steven: <a href="https://g2ul0.app.link/gnGqL4IsKKb"><u>https://g2ul0.app.link/gnGqL4IsKKb</u></a> </p> <p><br></p> <p>Sponsors:</p> <p>Get your hands on the Diary Of A CEO Conversation Cards here: <a href="https://bit.ly/conversationcards-mp">https://bit.ly/conversationcards-mp</a>Perfect Ted - <a href="https://www.perfectted.com/">https://www.perfectted.com</a> with code DIARY40 for 40% off</p><p> </p><p>Learn more about your ad choices. Visit <a href="https://megaphone.fm/adchoices">megaphone.fm/adchoices</a></p>
Chapters (1/1)
Show Notes
About the Guest
Morgan Housel, partner at Collaborative Fund 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.
Guest Links
Books
- The Art of Spending Money: Simple Choices for a Richer Life (US)
- The Art of Spending Money: Simple Choices for a Richer Life (UK)
- 'The Intelligent Investor' by Benjamin Graham
Resources
- The 1% Diary
- The Diary Of A CEO Conversation Cards (Second Edition)
- Get email updates
- Think like a CEO – join the 100 CEOs newsletter
- Follow Steven
Raw Description
<p>Is buying a house the biggest financial mistake you could make right now, and will the next Great Depression hit even harder? Morgan Housel reveals the real story. </p> <p><br></p> <p>Morgan Housel, partner at Collaborative Fund 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.</p> <p><br></p> <p>He explains:</p> <ul> <li> <p>Why America’s economy could be quietly collapsing</p> </li> <li> <p>How devastating tariffs could trigger another Great Depression</p> </li> <li> <p>Why robots are replacing the middle class faster than ever</p> </li> <li> <p>The hidden $30 trillion debt threatening the future of the US</p> </li> <li> <p>Why buying a home right now could be a financial trap</p> </li> <li> <p>How to build true financial freedom even during turbulent times</p> </li> </ul> <p>00:00 Intro<br>02:10 Timeless Lessons of Greed, Wealth, and Happiness<br>04:51 The Current Tariff Situation in 2025<br>07:05 What Are Tariffs?<br>11:51 Trump's True Reason for the Tariffs<br>18:24 Why Is China the Factory of the World?<br>20:35 China Stopped Being a Cheap Labour Country<br>23:04 What's the Impact of the Tariffs?<br>25:07 America's Trust<br>26:42 Are We Heading for a Recession?<br>29:30 The Importance of Backups During a Recession<br>30:48 How to Be Financially Free in 2025<br>35:59 The Evolutionary Desire to Show Off — Status<br>40:42 Salary Differences<br>43:09 We Have a Distorted View of Financial Wealth<br>44:28 Advice for the Economic Crisis<br>45:55 How Much Money Do You Need Saved?<br>46:56 The Impact of AI in Our Wealth Building<br>56:22 The Skills You'll Need in the AI Era<br>57:56 How to Have a Money Mindset<br>01:00:56 Why People Get Stuck in Crypto Scams<br>01:03:34 Women vs. Men: Who's Better at Saving and Taking Risks?<br>01:06:15 Crypto<br>01:07:23 What History Tells Us About New Technologies, Wealth, and Failure<br>01:08:51 Could the Crypto Security System Be Broken?<br>01:10:21 The Strategies Wealthy People Use<br>01:11:55 Intelligence vs. Endurance<br>01:13:28 Why Is Perseverance Key?<br>01:15:12 The Best Way to Have a Big Investment Return<br>01:17:01 The Power of Compounding in Your Savings<br>01:22:06 How Money and Psychology Are Linked<br>01:27:03 You Need to Change Your View on Savings<br>01:31:10 Biggest Regrets of People on Their Deathbeds<br>01:37:20 The Most Asked Questions About Finances<br>01:41:17 Where Are Your Investments Allocated?<br>01:42:03 Vanguard Index Fund<br>01:49:54 Where to Invest Spare Cash?<br>01:56:24 The Dangers of Retiring<br>02:03:31 How to Live a Happy Life</p> <p><br></p> <p>You can follow Morgan, here:</p> <p>Twitter - <a href="https://bit.ly/3RzBBSc"><u>https://bit.ly/3RzBBSc</u></a> </p> <p>Website - <a href="https://bit.ly/42LM4PD"><u>https://bit.ly/42LM4PD</u></a> </p> <p>Instagram - <a href="https://bit.ly/449vnQp"><u>https://bit.ly/449vnQp</u></a> </p> <p> </p> <p>You can pre-order Morgan’s books, The Art of Spending Money: Simple Choices for a Richer Life, here: <a href="https://amzn.to/3GmHRu4"><u>https://amzn.to/3GmHRu4</u></a> (US) / <a href="https://amzn.to/3EEy5mE"><u>https://amzn.to/3EEy5mE</u></a> (UK)</p> <p><br></p> <p>You can find out more about the books mentioned, here:</p> <p>‘The Intelligent Investor’, Benjamin Graham: <a href="https://amzn.to/4iwqHHW"><u>https://amzn.to/4iwqHHW</u></a> </p> <p><br></p> <p>The 1% Diary is back – limited time only:</p> <p><a href="https://bit.ly/1-Diary-Megaphone-ad-r%E2%80%A6"><u>https://bit.ly/1-Diary-Megaphone-ad-r…</u></a> </p> <p><br></p> <p>The Diary Of A CEO Conversation Cards (Second Edition):</p> <p><a href="https://g2ul0.app.link/f31dsUttKKb"><u>https://g2ul0.app.link/f31dsUttKKb</u></a> </p> <p><br></p> <p>Get email updates: <a href="https://bit.ly/diary-of-a-ceo-yt"><u>https://bit.ly/diary-of-a-ceo-yt</u></a> </p> <p>Think like a CEO – join the 100 CEOs newsletter: <a href="https://bit.ly/100-ceos-newsletter"><u>https://bit.ly/100-ceos-newsletter</u></a> </p> <p>Follow Steven: <a href="https://g2ul0.app.link/gnGqL4IsKKb"><u>https://g2ul0.app.link/gnGqL4IsKKb</u></a> </p> <p><br></p> <p>Sponsors:</p> <p>Get your hands on the Diary Of A CEO Conversation Cards here: <a href="https://bit.ly/conversationcards-mp">https://bit.ly/conversationcards-mp</a>Perfect Ted - <a href="https://www.perfectted.com/">https://www.perfectted.com</a> with code DIARY40 for 40% off</p><p> </p><p>Learn more about your ad choices. Visit <a href="https://megaphone.fm/adchoices">megaphone.fm/adchoices</a></p>
