Why We All Crave Social Status & The Extraordinary Sense That Stops You From Falling

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Something You Should Know 48 min 2 speakers 6 chapters transcribed 4 days ago
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Mike Carruthers 0:00
There is one word I think gets people in trouble with money. It's probably. I'm probably spending about this much every month. I'm probably saving enough. I'm probably on track for retirement. Probably is not a financial plan. I've been using Monarch. It's a personal finance app that puts your whole financial picture in one place. And it replaces probably. With actual numbers. For example, Monarch showed me that our spending last month jumped about 30% from the month before. 30%. We had some home repairs, but none of the bills seemed like a big hit at the time, but put them all together and wow. But I didn't realize how much our spending had jumped until Monarch showed me. And I think that's how money can get away from you.
Mike Carruthers 0:51
It's not necessarily one giant expense that sets off alarm bells, it's all the things that add up that you don't really notice. That's what I like about Monarch. You can see your Spending, accounts, investments, and savings goals all in one place and see what's really going on with your money. If you're operating on probably, maybe it's time to find out, write your own money story with Monarch. Use code SYSK at monarch.com to get your first year of Monarch Core half off at just $50. That's $50. fifty percent off your first year at monarch.com with code SYSK. Today on something you should know, there's something you're doing in the kitchen that you can just stop and it'll save you a lot of time. Then the desire for social status.
Mike Carruthers 1:47
It's something we all care about.
Toby Stuart 1:50
Everyone who doesn't care about status in one walk of life cares about it in another one. So you can be really, really high status in one world and be unimportant in another world, or just an average Joe.
Mike Carruthers 2:03
Then, do you have people take off their shoes before they come into your home? And your vestibular system. It's the thing that keeps you from falling over, and the way it works is amazing.
Jeffrey Sharon 2:16
It's a system that a lot of people don't know about. We're taught that there's five senses, but that's not remotely true. We have a lot more and the vestibular system is a really important sense most people aren't even aware
Mike Carruthers 2:29
of. A big thank you to today's sponsor, Vinted. I think most of us have what I call someday clothes. I'll wear that someday. That'll fit better someday. Someday I'll have a place to wear that. Meanwhile, it's been hanging in the closet for three years. Vinted offers another possibility. Sell it. Every day people can sell clothes they're no longer wearing and make some extra money. And they've made the process pretty painless. Take what you don't wear, list it on Vinted. Listing is quick and simple. And when an item sells, Vinted creates the prepaid shipping label for you. And importantly, there are no seller fees on vintage. So when you sell something, you keep everything you earn. I like this whole idea because instead of clothes just taking up space, somebody else gets to wear.
Mike Carruthers 3:29
them and you get some money out of the deal. Your closet looks better too. I mean everybody wins, even the closet. So maybe it's time to stop waiting for someday. Download the vintage app for free and start listing with no seller fees so you keep everything you earn.
Dr. Nate Zinsser 3:51
Something you should know. Fascinating intel. The world's top experts. And practical advice you can use in your life. Today, something you should know with Mike Carruthers.
Mike Carruthers 4:04
So I'm gonna start this episode by saving you a little bit of time every day for the rest of your life. Hi, I'm Mike Caruthers and we're just getting started on this episode of Something You Should Know. So after every meal in your house, you probably get up and rinse off your dishes and put them in the dishwasher. So every day you're spending time doing something you do not need to do, and you should stop doing it from now on. And here are the four main reasons why. Your dishes need to be dirty for the detergent in the dishwasher to do its job. The makers of the dish detergent cascade discourage customers from pre washing or rinsing dishes because it actually inhibits the cleaner from working. Enzymes in Cascade Detergent are designed to attach themselves to food particles, according to the Wall Street Journal.

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