Professor G: This is Why Millennials Are the Most Anxious & Unhappy Generation

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Jul 3, 2024

Scott Galloway, a renowned professor and author of "The Algebra of Wealth," dives into the economic challenges faced by millennials, highlighting how policies have shifted wealth from the young to the old. He discusses anxiety among youth, urging the need for financial discipline and emotional well-being. Parenthood's impact on financial focus and the importance of investing in relationships are emphasized. Galloway also explores the connection between financial status and dating dynamics, advocating for vulnerability and personal growth in men.

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INSIGHT

Economic War on the Young

Economic policies of the last 30 years have transferred wealth from young to old people.
This has resulted in today's youth being less wealthy than their parents at the same age, leading to anxiety and unhappiness.

ADVICE

Formula for Financial Security

Find your talent and develop mastery in a well-paying field.
Practice financial discipline, save regularly, and diversify your investments for long-term security.

ANECDOTE

Emotional Suppression

Scott Galloway didn't cry for 15 years, from age 29 to 44.
He later realized that expressing emotions is healthy and informative.

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Today, Lewis welcomes Scott Galloway, a renowned professor and author, to discuss his book, "The Algebra of Wealth." Scott delves into the concept of an economic war on the young, explaining how policies over the past few decades have shifted wealth from younger to older generations. He emphasizes the importance of financial security, discussing strategies like finding your talent, exercising financial discipline, and understanding the value of time. Scott also touches on the emotional aspects of life, sharing personal experiences about fatherhood, emotional growth, and the importance of building a fulfilling life beyond material wealth. The conversation provides a deep understanding of the economic landscape and offers practical advice for achieving financial and personal well-being.

Buy Scott’s new book, The Algebra of Wealth: A Simple Formula for Financial Security for yourself and a friend!

In this episode you will learn

how economic policies have shifted wealth from younger to older generations and how this impacts today's youth.
Scott Galloway's formula for achieving financial security, including the importance of finding your talent and developing financial discipline.
the impact of parenthood on financial priorities and how becoming a parent can drive greater financial focus and purpose.
the significance of emotional well-being and the benefits of seeking therapy and embracing emotions for a more harmonious life.
practical strategies for balancing financial security with personal fulfillment and building a fulfilling life beyond material wealth.

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