30min chapter

On Purpose with Jay Shetty cover image

Scott Galloway: The BIGGEST Money Mistake That’s Keeping You Broke!

On Purpose with Jay Shetty

CHAPTER

Navigating Financial Challenges of Today's Young Adults

This chapter explores the historical decline in earnings among today’s 30-year-olds compared to their parents, addressed through systemic factors like wealth disparity and rising living costs. The discussion emphasizes the importance of financial literacy, smart saving strategies, and the need for young individuals to focus on building character and establishing economic security. Personal anecdotes and practical advice highlight the complexities of homeownership and the crucial distinctions between being rich and being wealthy, urging listeners to reassess their financial goals and lifestyle aspirations.

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