The Money Podcast Biggest Money Mistakes People Make
Rob talks to Kane about the biggest money mistakes people make in this episode, exploring everything from silver investments to the hidden scams of the banking system. Rob and Kane also discuss controversial topics like university education, inflation, and the real value of entrepreneurship as well as how anyone can build wealth.
KEY TAKEAWAYS
· Inflation is actually a controlled mechanism that makes banks richer while devaluing people's savings. Understanding this can help you use it to your advantage through strategic debt and asset ownership
· Being an entrepreneur isn't for everyone, success might come easier by working for the right company first, learning and then pitching them a partnership
· The biggest legal money scam is the banking system's ability to print money at will, creating inflation that devalues currency while raising asset prices
· When entering business partnerships, watch how potential partners handle stress and talk about previous relationships - it's likely how they'll treat you in the future
· Real wealth comes from buying proven asset classes (like gold, silver, real estate) during dips, and using pound/dollar cost averaging rather than timing the market
· The university system creates debt-trapped graduates while providing questionable value. It’s worth considering alternative paths to success that don't start with massive debt!
BEST MOMENTS
"If you borrow a million pounds from the bank, you have the problem. If you borrow a hundred million pounds from the bank, they have the problem."
"The biggest scams are hidden in plain sight... Most working or middle class families are indoctrinated with the desire that success for their children is sending them to college."
"Stop bitching about how some asylum seeker immigrant or AI will steal your job. And just get good at your fucking job."
"Whatever makes the bank rich, I want to figure out why I don't want to do the same because the banks have been doing it for thousands of years and they're fucking good at it."
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ABOUT THE HOST
Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “The Disruptive Entrepreneur”
“If you don't risk anything, you risk everything”
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