Steven
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I like having fun with my friends. That's great. But there is a huge component of sociology and just what's going on in the world all the time. that is financial. And I think money is like such an interesting window into people's lives.
You can learn so much about somebody if you understand what they do with their money, how they think about money, how much they talk about money, how much they want to show off, how much attention they're putting into their clothes and their cars and their jewelry. to show other people how much money that they have. You learn so much about someone's psychology.
You can learn so much about somebody if you understand what they do with their money, how they think about money, how much they talk about money, how much they want to show off, how much attention they're putting into their clothes and their cars and their jewelry. to show other people how much money that they have. You learn so much about someone's psychology.
You know, if I learned about your politics, I don't know what they are, but if I learned about your politics, I might learn something about you. But if I sat down and I said, tell me everything about your money. Tell me how much you make, how much you spend. What do you value? What do you want to do? I'd learn so much about your personality.
You know, if I learned about your politics, I don't know what they are, but if I learned about your politics, I might learn something about you. But if I sat down and I said, tell me everything about your money. Tell me how much you make, how much you spend. What do you value? What do you want to do? I'd learn so much about your personality.
I think less about trauma. That's a component of it. But more so, it's just that we are all prisoners of our unique past, no matter what that is. That's trauma for a lot of people, different forms of trauma. But you grew up in a different country than I did. You have different parents than I do, different values. We're slightly different ages.
I think less about trauma. That's a component of it. But more so, it's just that we are all prisoners of our unique past, no matter what that is. That's trauma for a lot of people, different forms of trauma. But you grew up in a different country than I did. You have different parents than I do, different values. We're slightly different ages.
And so you saw a different side of the world than I did. And that taught you different values. It taught you to aspire to different things than I did. And you and I, in a lot of ways, are a lot alike. I think if we sat down and talked about broader topics, we'd agree on 90% of things. But we are different. And so we shouldn't pretend that what I want to do with my money is what you should do.
And so you saw a different side of the world than I did. And that taught you different values. It taught you to aspire to different things than I did. And you and I, in a lot of ways, are a lot alike. I think if we sat down and talked about broader topics, we'd agree on 90% of things. But we are different. And so we shouldn't pretend that what I want to do with my money is what you should do.
And I think a lot of times when people argue about money, And they're like, oh, you're investing wrong. Or you're spending. You're not spending enough. You're spending too much. It's not actually people disagreeing with each other. It's people who came from very different backgrounds talking over each other. And they just have different aspirations for what you want to do.
And I think a lot of times when people argue about money, And they're like, oh, you're investing wrong. Or you're spending. You're not spending enough. You're spending too much. It's not actually people disagreeing with each other. It's people who came from very different backgrounds talking over each other. And they just have different aspirations for what you want to do.
Everyone is so different and they're a prisoner of their past. My brother-in-law is a social worker. I may have brought this up when the first time I was on your podcast, but I think about it all the time. And in social work, when you're working with very disadvantaged kids, a lot of those kids who are homeless and foster children behave very poorly at school. They do very poorly.
Everyone is so different and they're a prisoner of their past. My brother-in-law is a social worker. I may have brought this up when the first time I was on your podcast, but I think about it all the time. And in social work, when you're working with very disadvantaged kids, a lot of those kids who are homeless and foster children behave very poorly at school. They do very poorly.
Their grades are terrible in school. They're always getting in fights. And he said, as a social worker, he said, we have a saying in social work. It is all behavior makes sense with enough information. Mm-hmm. So you look at this child who is getting into fights on the playground and failing all of his classes. And it's easy for the teacher to be like, what's your problem? This is not that hard.
Their grades are terrible in school. They're always getting in fights. And he said, as a social worker, he said, we have a saying in social work. It is all behavior makes sense with enough information. Mm-hmm. So you look at this child who is getting into fights on the playground and failing all of his classes. And it's easy for the teacher to be like, what's your problem? This is not that hard.
Just behave. Just stop doing this. And then you look at what that kid's going through at home. Maybe their parents are beating them. Maybe they're foster children, they're orphans. Once you piece together what's going on in their life, you're like, I kind of understand. All behavior makes sense with enough information. And I think you can apply that to a lot of areas in life, money especially.
Just behave. Just stop doing this. And then you look at what that kid's going through at home. Maybe their parents are beating them. Maybe they're foster children, they're orphans. Once you piece together what's going on in their life, you're like, I kind of understand. All behavior makes sense with enough information. And I think you can apply that to a lot of areas in life, money especially.
Yeah. Where you're like, you see someone driving a yellow Lamborghini, there's a story there about someone's past. I'm not judging it, but there's a story in there of someone being like, I want people to know how much money I made. And it's not a criticism, but there's a story. There's something that happened in your life
Yeah. Where you're like, you see someone driving a yellow Lamborghini, there's a story there about someone's past. I'm not judging it, but there's a story in there of someone being like, I want people to know how much money I made. And it's not a criticism, but there's a story. There's something that happened in your life
that that that led you to there and we all have that's not a criticism because i have bits of my past that influence how i manage money today too so just recognizing that there's no one right answer in math two plus two is four for me and you there is a right answer money's not like that we're all just kind of trying to figure out what works given the lens that we see the world through