AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
16min chapter
S5E9: An economist’s guide to getting rich the right way
Making Money
Balancing Sacrifice and Gratification
This chapter tackles the difficulties of saving money and the tendency toward instant gratification, while introducing strategies such as temptation bundling to cultivate better financial habits. It also emphasizes the mental health benefits of physical activities, from intense workouts to nature walks, promoting emotional well-being and creativity. Furthermore, the discussion on consumption smoothing illustrates the significance of maintaining stable financial habits across life stages, highlighting the potential of strategic borrowing for future investments.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode