Why Everyone Is Drowning In Debt (and how to get out) - Caleb Hammer - #1123
Descripción del Episodio
Caleb Hammer is a personal finance YouTuber.
Are we in a financial crisis or spending our way into one? Rising prices, growing debt, and shrinking savings are putting every generation under pressure. But what’s really to blame? A broken economy, bad money habits, or both? The answer could determine whether we’re headed for disaster, or still have time to turn things around.
Expect to learn if it is actually harder to make an manage money than ever before, what the hidden costs of bankruptcy are that nobody wants to talk about, why Gen Z is in more debt than any other generation, if most financial problems are psychological in nature, if lifestyle inflation has become a bigger problem than inflation itself, what the biggest financial red flags are when dating and much more…
Sponsors:
See discounts for all the products I use and recommend: https://chriswillx.com/deals
Get 160+ lab tests for just $365 and save an extra $25 at https://functionhealth.com/modernwisdom
Get the brand new Whoop 5.0 and your first month for free at https://join.whoop.com/modernwisdom
Get a Free Sample Pack of LMNT’s most popular flavours with your first purchase at https://drinklmnt.com/modernwisdom
Get a free bottle of D3K2, an AG1 Welcome Kit, and more when you first subscribe at https://ag1.info/modernwisdom
Get ChatGPT to explore ideas, solve problems, and learn faster at https://chatgpt.com
Timestamps:
(00:00) Does Caleb Really Get Death Threats? (05:44) Does Gen Z Actually Have It Harder Financially? (18:02) The Hidden Costs of Bankruptcy (21:03) Why People Fall Into Debt (24:13) The Personality Traits Behind Financial Success (25:36) How Debt Impacts Your Identity (27:28) The Trap of Lifestyle Inflation (36:14) The Best Way to Handle Anxious Guests (39:23) Knowledge vs Discomfort: What Makes the Biggest Impact? (44:26) Why Behaviour Is the Real Fix for Money Problems (49:24) What Financial Milestone Makes People Happiest? (52:14) UK vs US: Who’s Better Off Financially? (01:07:36) What Real Financial Education Should Look Like (01:16:38) The Dangerous Consequences of the Gender Wars (01:21:32) The Economic Risks of a Declining Population (01:26:37) Should a Trillionaire Exist? (01:31:37) The Biggest Financial Red Flags in Dating (01:34:19) How Money Problems End Relationships (01:36:53) How Mental Health Shapes Spending Habits (01:40:19) The Dumb Purchases That Make People Broke (01:42:40) How Damaging Is Financial Over-Optimisation? (01:44:56) Is Property Still a Smart Investment? (01:53:43) Is Raising Kids Cheaper Than You Think? (01:55:53) Where to Find Caleb
Extra Stuff:
Get my free reading list of 100 books to read before you die: https://chriswillx.com/books
Try my productivity energy drink Neutonic: https://neutonic.com/modernwisdom
Episodes You Might Enjoy:
#577 - David Goggins - This Is How To Master Your Life: lnkfi.re/SN-Goggins
#712 - Dr Jordan Peterson - How To Destroy Your Negative Beliefs: lnkfi.re/SN-Peterson
#700 - Dr Andrew Huberman - The Secret Tools To Hack Your Brain: lnkfi.re/SN-Huberman
-
Get In Touch:
Instagram: https://www.instagram.com/chriswillx
Twitter: https://www.twitter.com/chriswillx
YouTube: https://www.youtube.com/modernwisdompodcast
Email: https://chriswillx.com/contact
-
Learn more about your ad choices. Visit megaphone.fm/adchoices
Episodios Recientes
Más podcasts de Sociedad y Cultura
Ver toda la categoría →
Psicología del Éxito | Brian Tracy
By shows
Psicología del Éxito con Brian Tracy — El audiocurso completo, en español, sobre los principios que usan las personas más exitosas del mundo para lograr sus metas, cambiar su mentalidad y transformar su vida. 25 episodios con las enseñanzas de Brian Tracy sobre motivación, autoestima, productividad y desarrollo personal. Ideal para quienes buscan mejorar su mentalidad de éxito, aprender a establecer metas reales y dejar atrás las creencias que los limitan.
Finding Peak with Ryan Hanley
By shows
You've done the work and built the thing, but you're still stuck in "Almost." Ryan Hanley's weekly conversations with founders, athletes, authors, and operators who know how to ship the last 10%. Each episode names the trap and leaves you with the mindset, moves, and motivation to get it done. The path is simple. The work is not. Subscribe, then finish the thing.
The Code To Winning
By shows
The Code To Winning is an engaging podcast that centers around insightful interviews with a diverse range of guests, including business leaders, entrepreneurs, start-ups, and CEOs. With a compelling motto, “Insights you need today to seize the world tomorrow,” the podcast delves into the strategic and practical aspects of success in the dynamic world of business. Through in-depth conversations, listeners gain valuable perspectives and strategies from accomplished individuals who have navigated the complexities of the business landscape. Those who know what it takes to win. Whether you’re an aspiring entrepreneur or an established professional, The Code To Winning offers a wealth of knowledge and inspiration to empower you on your journey to success. Tune in to unlock the secrets and strategies that can propel you towards achieving your goals in the ever-evolving business world.
Right Answers Mostly
By shows
History is just gossip! Join hosts Tess Bellomo and Claire Donald every Monday as they break down the juiciest stories from history and pop culture over a cocktail!
Fuera del Aire, con Luis Cárdenas.
By shows
¿Por qué pasa lo que pasa? En Fuera del Aire, Luis Cárdenas va más allá de los titulares. Cada martes, diseccionamos los hechos que mueven a México y el mundo a través de una pregunta clave. Encuentra mesas de debate intensas, entrevistas con expertos y las voces más polémicas. Aquí no solo informamos, analizamos el punto clave y las consecuencias reales de la coyuntura. Desde la política nacional hasta conflictos globales: si es relevante, lo cuestionamos aquí. Suscríbete y escucha un nuevo episodio cada semana. Parte de la red Luis Cárdenas Mx.
Historia en Podcast
By shows
Podcast destinado a la divulgación de los principales hechos, procesos y personalidades de la Historia de la Humanidad, aptos para todo público. Dictados por el Profesor y Licenciado en Historia, Lucas Botta. Desde Córdoba, Argentina, para todo el mundo.
Pop Up
By shows
Cuentos en voz alta. Versiones propias de clásicos y otras historias favoritas. @popupcuentos
