In your 20s and 30s, work your ass off before you have spouses and dogs. It's easy for young people to underestimate how much cash they're going to need in some type of emergency fund. I think it's great for people to learn about the downsides of risk management when they're 19 instead of 47.
Morgan Housel, a partner at The Collaborative Fund, and author of “The Psychology of Money,” joins Scott to discuss the behaviors to consider when it comes to building wealth and the importance of earning, saving, and investing. Follow Morgan on Twitter, @morganhousel.
Scott opens with his thoughts on Meta’s move to subscription + our society’s problem with ageism and sexism.
Algebra of Happiness: know how to de-escalate a situation.
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