On Purpose with Jay Shetty

Jay Must-Listens: 3 Easy Money Habits That Will Change How You Save, Spend & Grow Your Money

151 snips
Dec 10, 2025
In this insightful discussion, Scott Galloway emphasizes disciplined savings and building human capital for young earners. Jaspreet Singh shares his real estate journey, highlighting the importance of asset ownership to escape the poverty mindset. Codie Sanchez advocates for self-investment and smart indexing as a path to wealth, while also warning against flashy lifestyles. Lewis Howes adds depth by exploring the emotional side of money, promoting gratitude and healthy spending habits. Together, they unravel the complexities of achieving financial freedom.
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ADVICE

Automate Forced Savings Early

  • Start making money and create forced savings that never touch your hands using employer or government tax-advantaged programs.
  • Automate 3–5% (or more) into low-cost diversified index funds early so compounding works without willpower.
INSIGHT

Your 20s Are For Workshopping

  • Your early years are for workshopping: forgive yourself and keep trying while you build human capital.
  • Time and disciplined effort compound into advantage more than short-term perfection.
ADVICE

Make Savings Work, Not Just Sit

  • Don't only save and spend; allocate savings strategically into investments that beat inflation.
  • Use cash for emergencies or investments, not idle bank savings that lose value to inflation.
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