The GaryVee Audio Experience

How Money and Social Media are Similar | Famously Generous w/ Andrew Cordle

Jun 19, 2019
Gary Vaynerchuk, an entrepreneurial powerhouse and motivational speaker, joins Andrew Cordle to tackle the taboo surrounding money in America. They explore why discussions about finances are often avoided and highlight the importance of financial literacy. The conversation dives into how social media influences spending habits and the need to change mindsets around wealth. They also engage in a fun 'Big Wallet, Little Wallet' game, revealing their financial habits while emphasizing the value of transparency and generosity in financial conversations.
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INSIGHT

Money Shouldn't Be Taboo

  • Gary Vaynerchuk believes that secrets are bad and that money should be discussed openly.
  • He emphasizes the need for financial literacy in the American education system.
ADVICE

Avoid Impulsive Purchases

  • Avoid buying unnecessary things to impress others.
  • People's biggest financial problem is buying random, unnecessary things.
INSIGHT

Money as a Character Revealer

  • Money reveals one's true character, similar to social media.
  • Insecurities drive people to amass wealth for creating a false perception of success.
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