Ben Carlson

speaker
1,555 appearances 4 recordings 4 series first heard Apr 2026 last heard 11 Jun

Ben Carlson’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
2 · Jun OctJan 26AprJulnow

Recordings per month over the last 12 months — 4 in all, peaking in Jun 2026 with 2.

Appearances

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But I also think that in a lot of ways, sentiment is completely broken these days.
And you have to watch what people do and not what they say.
And I think that the idea, the definition of what paycheck to paycheck actually means for people is totally distorted depending on how much money you have and how much money you earn.
Yes.
I also think that there is something in the financial media that's figured out if we put a stat out like this, the rage bait, we're going to get people really angry about it.
And I think that there's something to that where – They got us.
It's true.
And I also think that there's just this idea that –
I think social media has a big component of this.
The funny thing is, wealth inequality obviously is a problem for people.
The top 10% controls like 70% of the wealth in this country.
If you go back to the Gilded Age, like the early 1900s, the top 5% controlled like 90% of the money.
So it was, wealth inequality has always been a problem, but back then you didn't have like Rockefeller and Vanderbilt tweeting all day and showing their houses and showing their private jets.
And so I also think that the goalposts have shifted so much with people that they don't know how to answer these things correctly because social media has like opened the kimono for so many people that they don't really understand what wealth means to them.
Their relative basis of keeping up with the Joneses is so out of whack from what it was in the past.
I'm of the opinion that financial advisors love to say, like, just figure out what enough means for you, and then you'll be happy for the rest of your days.
And I don't think that that amount exists for any individual person or household because I think the goalposts can move, and they probably should move for most people.
If you make more money, like, you shouldn't introduce lifestyle creep.
Most personal finance experts tell you, no, don't ever spend any more money, never enjoy anything.
But I think you should have some lifestyle creep.
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