Afford Anything

The Harsh Truths About Money, with Dr. Brad Klontz and Adrian Brambila

17 snips
Oct 25, 2024
Dr. Brad Klontz, a clinical psychologist specializing in financial psychology and author of '21 Harsh Truths About Money,' delves into the link between mindset and money. He discusses how perceptions of wealth can influence our financial choices and emphasizes the importance of shifting from a consumption mindset to one focused on investing. Klontz shares personal stories highlighting the pitfalls of traditional education in financial literacy and advocates for strategic mentorship. The conversation is a blend of humor and insight, encouraging listeners to redefine their paths to financial freedom.
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INSIGHT

Poor Mindset

  • "Mo money, mo problems" is a psychological bailout for lacking money.
  • A poor mindset, not just a lack of money, keeps people broke.
ANECDOTE

Sprinter Van Desire

  • Brad Klontz subconsciously wanted a Sprinter van due to influencer culture.
  • He counted 12 vans on his walk to work, realizing his subconscious desire to keep up.
ANECDOTE

Shiny Object Syndrome

  • Adrian Brambila researches real estate in Japan as a "shiny object."
  • He emphasizes staying disciplined against such distractions.
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