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Rima Grace

๐Ÿ‘ค Speaker
1312 total appearances

Appearances Over Time

Podcast Appearances

Marketplace All-in-One
How much money is "enough"?

We don't know if their family's helping them out.

Marketplace All-in-One
How much money is "enough"?

We don't know if they're a second, third generation of family wealth or if they're generation zero.

Marketplace All-in-One
How much money is "enough"?

Like we see whether or not someone has a nice car.

Marketplace All-in-One
How much money is "enough"?

We don't see the interest rate and the auto loan on that.

Marketplace All-in-One
How much money is "enough"?

And so we know that systematically people tend to de-emphasize the liability side of someone else's balance sheet when making judgments about other people.

Marketplace All-in-One
How much money is "enough"?

Our imaginations want to fill the gaps and usually we try to fill it in ways that make us feel bad.

Marketplace All-in-One
How much money is "enough"?

At least maybe that's how my brain works.

Marketplace All-in-One
How much money is "enough"?

We should chat about that, Rima.

Marketplace All-in-One
How much money is "enough"?

Let's dig more into that.

Marketplace All-in-One
How much money is "enough"?

What's going on there?

Marketplace All-in-One
How much money is "enough"?

I think uniquely, though, in the American context, there's something else that's driving our feelings, which is we have made so much of our self-worth be our financial worth.

Marketplace All-in-One
How much money is "enough"?

You can take that to the founding of the country in that we have these Protestant values that

Marketplace All-in-One
How much money is "enough"?

If I'm financially prosperous, then I am a good person.

Marketplace All-in-One
How much money is "enough"?

And all of my work and my individual work is leading to my financial well-being, which we know is not true.

Marketplace All-in-One
How much money is "enough"?

But we internalize that.

Marketplace All-in-One
How much money is "enough"?

It quickly turns into, man, my net worth is my self-worth.

Marketplace All-in-One
How much money is "enough"?

And that's a really painful place to be, which is why I think people...

Marketplace All-in-One
How much money is "enough"?

have a really hard time figuring out what's enough because what they might be thinking about is, what am I worth?