The Prof G Pod with Scott Galloway Office Hours: Why Scott Doesn’t Have Health Insurance, How Gen Z and Millenials Can Accrue Wealth, and What Scott Does to Stay Healthy
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Jan 31, 2024 Discover the benefits and drawbacks of companies offering cash instead of health insurance. Explore how Gen Z and millennials can build wealth through a stoic lifestyle and smart partnerships. Dive into essential strategies for navigating personal finances amid rising living costs. Finally, gain insights into the crucial balance of sleep, exercise, and nutrition for optimal health and well-being. Tune in for practical advice that could reshape your financial and health habits!
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Cash for Healthcare
- Scott Galloway likes the idea of companies offering cash in lieu of healthcare, despite it seeming like cost-cutting.
- He believes it promotes a consumer mentality in healthcare, which he views as overpriced.
No Health Insurance
- Scott Galloway chooses not to have health insurance, viewing it as a wealth transfer.
- He can afford healthcare expenses and prefers to save the substantial premiums.
Wealth Building Tips
- For wealth building, focus on a career with high employment rates and aim for top performance.
- Prioritize saving, choose a financially compatible partner, diversify investments, and let time work.