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On Purpose with Jay Shetty

Jay Must-Listens: 3 Easy Money Habits That Will Change How You Save, Spend & Grow Your Money

10 Dec 2025

Transcription

Chapter 1: What is the main topic discussed in this episode?

0.031 - 9.039 Jay Shetty

This is an iHeart Podcast, guaranteed human. On the podcast Health Stuff, we are tackling all the health questions that keep you up at night.

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9.28 - 12.303 Unknown

I'm Dr. Priyanka Wally, a double board certified physician.

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12.443 - 17.567 Jay Shetty

And I'm Hari Kundabolu, a comedian and someone who once Googled, do I have scurvy at 3 a.m.?

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Chapter 2: Why does saving money feel harder than ever?

17.868 - 22.852 Jay Shetty

And on our show, we're talking about health in a different way, like our episode where we look at diabetes.

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23.513 - 27.777 Unknown

In the United States, I mean, 50% of Americans are pre-diabetic.

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27.892 - 30.382 Jay Shetty

How preventable is type 2?

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30.844 - 37.733 Unknown

Extremely. Listen to Health Stuff on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts.

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38.506 - 39.949 Lewis Howes

Hi, I'm Dani Shapiro.

40.31 - 45.22 Codie Sanchez

We were in the car, like a rolling stone came on, and he said, there's a line in there about your mother.

45.621 - 46.563 Unknown

And I said, what?

47.224 - 52.555 Jay Shetty

What I would do if I didn't feel like I was being accepted is choose an identity that other people can't have.

Chapter 3: What are the three habits that keep people financially stuck?

52.896 - 58.708 Unknown

I knew something had happened to me in the middle of the night, but I couldn't hold on to what had happened.

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58.688 - 70.504 Lewis Howes

These are just a few of the moving and important stories on my 13th season of Family Secrets. Listen to Family Secrets on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts.

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70.889 - 92.006 Codie Sanchez

Hey, I'm Cal Penn, and on my new podcast, Here We Go Again, we'll take today's trends and headlines and ask, why does history keep repeating itself? Each week, I'm calling up my friends like Bill Nye, Lilly Singh, and Pete Buttigieg to talk about everything from the space race to movie remakes to psychedelics. Put another way, are you high?

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92.827 - 106.437 Codie Sanchez

Look, the world can seem pretty scary right now, but my goal here is for you to listen and feel a little better about the future. Listen and subscribe to Here We Go Again with Cal Penn on the iHeart Radio app, Apple Podcasts, or wherever you get your podcasts.

107.499 - 133.047 Jay Shetty

How many of you would like to make more money this year? I'm guessing the answer is yes. All of us need to make more money to take care of the people we love, to build the dreams, and to build our life. But what happens when we're told to chase wealth, but never taught the rules of money? Nearly half of the adults in the United States grade their financial knowledge a C or worse.

133.067 - 144.678 Jay Shetty

Yet social media pushes get rich quick. True freedom isn't about hacks. It's about discipline, risk, and understanding money. The number one health and wellness podcast.

145.159 - 151.187 Scott Galloway

Jay Shetty. Jay Shetty. The one, the only, Jay Shetty.

Chapter 4: How can you shift from spending to investing?

151.208 - 169.989 Jay Shetty

In this episode, you will hear from financial experts who share lessons on saving, investing, and building wealth that serves your goals, not your impulses. Scott Galloway puts it simply, saving isn't about willpower. It starts with having something to save.

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Chapter 5: Why is investing in yourself the first step to wealth?

170.69 - 194.788 Jay Shetty

Reclaiming just eight to 10 hours a week from distractions like TikTok or gaming could shift your financial future. And discipline, it comes most easily from automation. Only 17% of Americans use automatic deposits or transfers to build savings. Yet it's the most reliable way to grow wealth without relying on willpower.

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Chapter 6: What is the difference between stocks and bonds?

194.768 - 202.981 Jay Shetty

What I love about Scott's message is that he doesn't frame money as an overnight breakthrough. He frames it as an ongoing practice.

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Chapter 7: How can forced savings mechanisms help you build wealth?

203.001 - 215.742 Jay Shetty

Here are the key takeaways. Start small. Automate it. Let time do the compounding. And remember, your early years are for workshopping. Don't expect perfection. Expect to keep showing up.

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Chapter 8: What mindset shifts are necessary to break free from poverty?

216.243 - 235.526 Jay Shetty

Because it's not intensity, but consistency that builds true financial freedom. I was talking to my team about this before you came, because I love getting into everyone's heads about what's everyone worried about? What's everyone struggling with? What are we thinking about? And one of the big things that came up was, I don't know how to save. Like a lot of young people say this to me today.

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235.546 - 256.216 Jay Shetty

Like, I don't even know what saving means anymore. They've not been trained in it. The education system let them down. Maybe their parents keep saying, save, save, save, save, save, but their consumption is high. If someone's thinking about saving today, how do they create a framework for healthy and realistic saving? Well, the first thing, you have to have something to save.

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256.336 - 275.07 Jay Shetty

There's just no getting around it. You've got to be able to make money. And the best way to make a lot of money is by starting and making a little bit of money. I coach a lot of young men. And typically what I do on the first meeting is I tell them to unlock their phone and I say, I'm not going to judge you. you know, I'm on TikTok, I watch porn, I'm not, you know, I'm not easily offended here.

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275.571 - 295.79 Jay Shetty

And we're gonna find eight to 10 hours a week out of your phone. And it's ridiculously easy with young men to find eight or 10 hours in their phone between Robinhood, Twitter, what have you. And we reinvest it. And the first thing is we gotta figure out, okay, for me, it's physical fitness right away. We're gonna spend two to four hours a week getting strong, especially I coach mostly young men.

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296.35 - 314.449 Jay Shetty

But I think one of the keys to mental health is feeling as if when you're a young man that you could walk into any room and if shit got real, kill and eat everybody or outrun them. I think that should be your goal. I think it's instinctual. I think it'll make you feel strong. I think it'll make you feel kinder. The people who break up fights at bars are usually big, strong men.

314.615 - 334.914 Jay Shetty

The second thing, you have to start making some money. I don't care if it's flipping on your smartphone to be a Lyft driver or a TaskRabbit, going to CVS and stocking shelves. Even just a little bit of money gives you a taste for the flesh of money and gets you thinking about different ways to make money. And capital in a capitalist society is intoxicating.

335.374 - 349.028 Jay Shetty

So we have to figure out a way to start making some money. Once we start making some money and we have a salary and we work at an organization, 98% of people will spend everything that comes through their hands, right?

349.808 - 371.273 Jay Shetty

You live in a society where there are the most impressive people and the most impressive technology ever in the history of our planet have one mission, and that's to figure out a way to present you with the ultimate offer at exactly the right time. Oh, heading to Cabo for a girl's weekend? Wouldn't you like to upgrade from economy to economy comfort? Oh, only two of these rooms left.

371.834 - 386.41 Jay Shetty

How about upgrade now to the special spa package? Oh, you just bought a pair of on running shoes. What about these Bomba socks? It is nearly impossible for a young person to save money if it comes through their hands, if they get their hands on it. You want to figure out a forced savings.

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