• Scott Galloway: The BIGGEST Money Mistake That’s Keeping You Broke!

  • Feb 17 2025
  • Length: 1 hr and 31 mins
  • Podcast

Scott Galloway: The BIGGEST Money Mistake That’s Keeping You Broke!

  • Summary

  • Do you track your spending?

    What’s your biggest money mistake?

    In today’s episode, Jay welcomes Scott Galloway, one of the most insightful voices in personal finance and wealth creation. If you've been struggling to make ends meet, wondering why you're not earning enough, or seeking financial security, this conversation is a must-listen.

    Jay and Scott kick off by exploring the surprising reasons why 30-year-olds are earning less than expected. They dive into the practical steps individuals can take to change their financial trajectory, discussing topics like saving, investing, and overcoming mental blocks to making money.

    Scott emphasizes the importance of financial literacy, encouraging listeners to start conversations about money and investments. He also challenges conventional wisdom, suggesting that pursuing talent over passion might be the key to financial success.

    In this interview, you'll learn:

    Why 30-year-olds are earning less and how to break the cycle

    Practical strategies for saving and investing

    How to overcome mental blocks to making money

    Why talent trumps passion in achieving financial success

    How to rewire your stressful relationship with money

    Effective communication strategies for discussing money in relationships

    If you've felt frustrated, stuck, or uncertain about your financial future, remember this: taking control of your financial health is within your reach. With this conversation, you'll gain the insights and practical advice needed to transform your relationship with money.

    With Love and Gratitude,

    Jay Shetty.

    Join over 750,000 people to receive my most transformative wisdom directly in your inbox every single week with my free newsletter. Subscribe here.

    What we discuss:

    00:00 Intro

    02:00 Why Are 30-year-olds Earning Less?

    06:07 What Can They Do To Change This For Themselves?

    10:52 How Do I Save?

    16:19 What Blocks Us From Making Money?

    22:39 Should Young People Aspire For The American Dream?

    25:02 Financial Security: What To Pursue

    31:35 Rewiring Your Stressful Relationship With Money

    38:03 Communicate About Money In Healthy Relationships

    41:03 Talent Over Passion

    45:52 Finding Your Talent

    49:26 Every Experience Is An Added Skill

    55:22 Forgive Yourself

    59:15 Prioritizing And Evaluating Your Efforts

    01:03:23 Building A “Great” Mindset

    01:08:29 The Financial Content

    01:12:49 Summary

    01:13:41 Scott on Final Five

    Episode resources:

    Scott Galloway| Website

    Scott Galloway| Instagram

    Scott Galloway| Tiktok

    Scott Galloway| Linkedin

    Scott Galloway| YouTube

    Scott Galloway| X

    See omnystudio.com/listener for privacy information.

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