Scott Galloway: Avoid These Financial Risks

Jun 4, 2024

Financial expert Scott Galloway shares insights on achieving economic security, the dangers of excessive consumerism, and the importance of financial discipline. He discusses the societal pressure for excessive spending, the value of setting achievable goals, and the impact of GLP-1 drugs on obesity. Galloway emphasizes the need to align financial goals with personal values and prioritize relationships over wealth accumulation.

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Introduction

00:00 • 2min

Navigating Financial Stability and Meaningful Living

01:38 • 10min

The Power of Saving Money and Setting Achievable Goals

11:46 • 4min

Navigating Career Paths Towards Passion and Success

16:01 • 8min

Aligning Financial Goals with Personal Values

24:05 • 8min

Exploration of Consumerism, Excess, and Human Instincts in Modern Society

31:56 • 6min

Forced Savings and Financial Discipline

37:32 • 19min

The Impact of GLP-1 Drugs on Obesity

56:48 • 16min

Achieve Economic Security. Financial EXPERT, Scott Galloway, Explains How Anyone Can GROW WEALTH at Any Age. ACT NOW.

Simple Steps to Get Rich.

Scott Galloway (bestselling author, NYU professor, serial entrepreneur) reveals the UGLY TRUTH about Chasing Your Passion and shares steps we can all take to GET RICH!

In this MUST-WATCH episode for anyone looking to improve their financial stability, Scott exposes shocking truths about economic disparities in the U.S.

He shares how growing up poor shaped his beliefs, why passion shouldn't drive your career choices, the economic implications of GLP-1 drugs like Ozempic, and the sneaky tactics the wealthy use to maintain their status.

Scott Galloway also breaks down:

- Dangers of excessive consumerism and possible solutions

- Necessity to prioritize relationships over chasing wealth

- The true definition of being "rich"

- Societal pressure for excessive spending over social media

- Value of financial discipline and identifying specific economic goals

- Why we are obligated to plan for financial security

- His personal struggles with depression, anger, economic fear, and the trappings of a materialistic world

- Importance of talking about money without fear

Scott's practical advice on achieving financial security, untying your identity from your economic status, aligning goals with realistic expectations, and practical saving and investing tips demonstrate why IT'S NEVER TOO LATE to reduce economic stress.

Scott Galloway's latest book, THE ALGEBRA OF WEALTH: A Simple Formula for Financial Security: https://a.co/d/dTiNx66

Betterment Disclosure:

As of 4/19/24 for the aggressive Target Income Portfolio. Blended 30-day SEC yield is the weighted average of 30-Day SEC yields (standardized calculation) for each ETF in the portfolio, net of fees (0.25%). Yield is not performance; investment returns may vary; investing involves risk including loss of principal. Betterment, not BlackRock is responsible for its advisory relationships with clients.

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