The Diary Of A CEO with Steven Bartlett cover image

Happiness Expert Returns: Retrain Your Brain For Maximum Happiness: Mo Gawdat

The Diary Of A CEO with Steven Bartlett

NOTE

The Illusion of Money

The concept of money is actually an illusion as the traditional way of thinking about it is flawed. Instead of saving money, it is suggested that borrowing and investing in assets is more practical, as saved money loses its value over time due to inflation. Having money in the bank does not mean possessing wealth, as the bank ultimately has control over it. Therefore, money is only truly 'yours' when spent on something tangible, like a purchase, and not when kept stored in a bank account.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner