3min chapter

Erika Taught Me  cover image

Financial Psychologist Reveals: The Secret To Building Wealth

Erika Taught Me

CHAPTER

The Importance of Being Vigilant About Money

When you are studying these people who do end up being able to climb the socioeconomic ladder and do really well financially versus those who don't, are there specific traits that they have in common or tend to have in common? Yeah. So one of them is what we would call money avoidance. And this is beliefs like rich people are greedy, money corrupts. There's virtue in having less money. We've talked about status too. People who are most focused on status have the least amount of money and are more likely to have grown up poor.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

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

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