Do the math! It's a bit like saying to a dog "write a poem!" 😂

The two wealthy talking guys on stage by the "No Entry" signs - hopefully not prophetic. Great talk!

I lost over $70k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Karen Cosmann.

At present, the most prudent consideration for everyone should be diversifying their income sources, ones not reliant on government support, particularly given the ongoing global economic challenges. This remains an opportune moment to explore investments in assets like gold, digital currencies such as Bitcoin, Ethereum, and XRP, thanks to Flora Elkin for her guidance in these fields her proficiency is outstanding

WRONG. Living beyond your means causes financial distress. Lack of financial discipline.

It's refreshing to see Scott's honesty and vulnerability in discussing his personal journey and mistakes. 📚 His insights on economic responsibility and personal growth offer valuable lessons for all of us striving for success and happiness.

The only thing that grows uncontrollably without any regard for the very environment that keeps it alive, is CANCER. The big corporations that prioritise growth act like cancer. And we've been tricked into feeding them with our money, just like cancer tricks the body into feeding it.

An Android Samsung is equally expensive, and infinitely better than an iPhone.

My fiancee and I have bank accounts for every expense, savings, and investments. We direct deposit into each account proportionally based on what we each make. We each have an account for our individual spending. $1000 per month. We decide how the joint funds are spent and have the freedom to spend our personal money as we see fit. No kids yet, but we'll keep this system as long as we can.

Man: I have $30k student loan. Woman: We have all together $130k, how will we pay this off? Man: I will work 2 jobs. Woman: great! Now let's talk about your spending.

Seems so happy with the monotone voice and the bored look on his face lol

👏🏼👏🏼👏🏼👏🏼👏🏼 thanks man

Money buys you freedom which in turn can bring you happiness if used correctly.

You can see me there in the front row center!! This was amazing to see. Scott is still on-brand off-camera.

who is this guy i love him. no bs just speaks facts

If you actually think money cannot buy happiness, that simply means you haven't gotten enough money.

Money can buy happiness for a boomer. Money cant buy what will make me happy.

Money buys time and comfort

Already there bro

But money can buy time, a limited resource. People with enough disposable income can buy housekeeping/cleaning, salon services (not DYI), time for travel, family and friends, new hobbies like diving, mountain climbing. education, longer/better-funded retirement. Time to do nothing. I'm not sure people understand how amazing this benefit of a lot of money can do.

🔥🔥🔥

Meh. Do what you want... but I wouldn't do this.

Never trust someone who brags he has $100 million in the bank. People with real money hide it like nuclear launch codes.

I just watched his TED talk this morning. It was super depressing but very clear on what some of the major problems of today are.

And poverty is a policy choice, not a character flaw

MAGA is spreading :)

Regardless of your wealth the goal is to understand as your age materialism tends to dissipate and can be liquidated and physical/mental health/relationships become paramount. The goal to want less.

A lot comments here from countries with out a good social security and health care systems. If you know that even if you lose your job and you always get health care, the amount of happiness that money will give you gets a way smaller. Studies in have shown that around 6000€/month netto income the increase of happiness with more money is minimal.

His number is 100 million. My number would be 1-2 million. Everyone can live off 1-2 million for the rest of your life if you're smart with money and aren't into lavish things. I live like a pauper because I'm poor, but I would also live this way for the most part if I had 1-2 million dollars. If I had 100 million I'd open up a dog rescue because dogs are my favorite creature on Earth.

The thing is that until you retire, money literally defines your life. You’ll spend at least 40 hours a week doing something you probably wouldn’t normally be doing so that you can live. So yeah, money can make you happier.

I guess I'm gonna have to put the myth to the test by becoming a millionaire.

El dinero no te da la felicidad sobretodo si es poquito

A few million dollars... right. I guess I will be happy after a few hundred years then.

It’s true that once you reach a certain amount of wealth, anything above that you really don’t need and so instead of hoarding it spread it around make other people happy because the more people that are happy around you the more enriched and fulfilled your life will be. 😊

I think that phrase just means that true happiness comes from within, not from possessions that can be bought. That's all. It's common sense to know that making a decent living relieves alot of stress. Why is it a topic of discussion?

"They say money can't buy happiness, but have you ever see someone frowning on a wave runner?' -Daniel Tosh

Just get rid of my college loans. 😮‍💨

It’s not that money makes people happier, it’s that it removes the condition of being actively made unhappy. Inequality and wealth transfer are so great that it goes against human dignity. You feel like shit because you are treated like shit. The game is rigged, you are worthless like a peasant, or even lower, and you have no path to getting into the asset-owning class

Happiness is overrated.

Give me some please

29:00 truth. I agree on distribution of wealth and tax code etc etc. But the other side of that coin is personal responsibility. I work in property management mostly affordable housing and 24-7-365 ubereats and doordash in and out. No one should be using those apps. Rent-to-own is another one, it's insanity.

Money provides opportunity which can turn into happiness like financial security, donations, etc

!!!??? I'm trying to become really wealthy so that I can see if the myth is correct.

I think happiness and stability are being confused here. Money doesn’t cure everything 🤷🏿‍♂️ Plenty of rich people have problems 😮

28:28 Thank you!

6:50 - 11:02 .... "cool stuff" 14:02 good reasons for lifelong learning opportunities 18:32 19:36 "what memory is" 22:41 wiring of infant brain- generally 25 years to mature

Dumb rich people think more money makes you more happy. Smart rich people think, once I hit the mark I want, I still can get more happiness, by starting to give it away, improve other people's lives. Scott gets that. Helping other people, if you are rich, is a whole higher level of happiness. Very few rich people get that. Greed is having more than you need and then wanting more, not realizing at that point the desire for more for yourself, just degrades your happiness. It acts like eating: if you are very hungry you enjoy food. Eventually you had enough, then you need to look to dessert to end your meal. Keep eating another full meal after being full only turns you into a fool. It's the sin of gluttony....which is being too clueless to know you ate enough.

Money CAN buy happiness, if youre not wasting your money on stupid shit! You need to cover your needs first and foremost. Obviously if you spend your money on a bugatti you just played yourself. But with that same amount of money you can retire your parents. You can send your kid to a good school. You can stop stressing your body into an early death at your blue-collar, thankless job. Being materialistic and buying shit you dont need, yeah thats obviously not going to make you happy if youre not already. Lol why do we get up every morning and go to a job we dont really like? To make MONEY. Why? Oh i dont know, have you ever had zero dollars? It fucking sucks and every fiber of your being is telling you you need to get your ass up and make some money so you can start getting your shit together. Not having your shit together SUCKS!

"money can't buy happiness" is a myth rich people started to convince the working class that their happiness was their own responsibility, not the responsibility of businesses paying them nothing or the governments who refused to look after them.

money can't buy happiness! I'm worth $953 million. I don't trust anyone. 4 failed marriages. I'm usually by myself and as i'm approaching 68...i'm even more alone. Sure, i hired escorts and have all the mansions and cars. But, its short term joy. Better than being poor...but, ive seen many poor that are happier w/ their families. I have no one i can trust to enjoy my wealth with! my only son has his life and doesn't care about the money.