The Money Podcast You Can’t Trust Banks | Mo Gawdat
In this episode, Rob shares some of his recent interview with entrepreneur and podcaster Mo Gawdat. Mo and Rob talk about all things money including why we are about to hit an economic crisis and why this was entirely predictable. They also discuss how to play the banks at their own game and leverage the system to your financial advantage.
KEY TAKEAWAYS
- The current economic situation is normal, money and the economy are cyclical and predictable.
- Banks going bust wouldn’t be purely negative, it would show people that banks are untrustworthy.
- Banks are good at marketing, that is why people believe they can be trusted. You need to learn to play the system.
- The money dreams you are sold are not what you want when you financially get there.
- Your biggest expense isn’t your house or car, it’s tax.
- The one way you can get your tax bill down, is to run your own company, where you pay yourself first and your tax last.
BEST MOMENTS
"Money shows up more than I need”
“We’re about to hit a very serious economic crisis”
“You can’t beat the universe, you can beat humans, but you can’t beat the universe”
“The banks going bust would be good because then you wouldn’t trust them anymore”
“When you have a job you pay tax first, and yourself last”
“Human nature is to desire what we can’t have”
bit.ly/Robsupporter
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”
CONTACT METHOD
Rob’s official website: https://robmoore.com/
Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs
LinkedIn: https://uk.linkedin.com/in/robmoore1979
See omnystudio.com/listener for privacy information.