Fear, Greed, and Pride Are Keeping You Broke | George Kamel

恐惧、贪婪与骄傲使你陷入贫困 | 乔治·卡梅尔

The Daily Motivation

2026-06-10

6 分钟
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Leave an Amazon Rating or Review for my New York Times Bestselling book, Make Money Easy! Check out the full episode: https://greatness.lnk.to/1936DM A Goldman Sachs study found that 40% of people earning over $500,000 are living paycheck to paycheck. That's not an income problem. It's a mindset problem. George Kamel breaks it down as lifestyle creep. The bigger paycheck funds a bigger car payment, a bigger house, a bigger performance of wealth. If every dollar is spent to look rich, you'll never become wealthy. The root cause? Insecurity. The more secure you are, the better you build. The less secure, the more you flex. And if you're eyeing a "can't miss" investment right now, George says the motivation is almost always fear, greed, or pride. He calls them the Three Stooges of wealth building. They feel urgent. They feel smart. They will wipe you out. Sign up for the Greatness newsletter: http://www.greatness.com/newsletter Topics personal finance, wealth building, paycheck to paycheck, lifestyle creep, delayed gratification, financial mindset, money psychology, get-rich-quick, George Kamel, financial freedom Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
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  • Edward Jones, member SIPC.

  • Hi, my name is Lewis Howes and welcome to the Daily Motivation Show.

  • What is the mindset that needs to change in people in order for their bank account to change?

  • Ooh, there's a lot of delayed gratification missing from today's culture and it's not all your fault.

  • Like marketing, companies, technology, it all exists to create everything

  • to be frictionless so that your money passes through your fingers like sand.

  • And the problem is, if you don't grab a hold of it

  • and make a plan for it before the marketing companies do, it's over.

  • It's game over.

  • Your bank account's going to be back to zero, and you're going to be paycheck to paycheck.

  • And here's what's crazy, Lewis.

  • You would think, well, people who make more money, it's much easier for them.

  • I just saw a Goldman Sachs study.

  • 40% of people who make over $500,000 are paycheck to paycheck.