Video Description

Morgan Housel, a partner at The Collaborative Fund, and the bestselling author of “The Psychology of Money,” joins Scott to discuss his new book, “Same as Ever: A Guide to What Never Changes.” They get into topics including what to think about when buying a house, how to make healthier financial decisions, and the role money plays in our happiness. Timestamps: 00:00 - In this Episode 00:42 - Tell us about your new book, “Same as Ever.” 02:43 - What past behaviors around money might inform how we approach financial situations today? 04:52 - How should people in their 20s/30s think about buying a home? 06:55 - Walk us through key behaviors that are impacting the economy 09:43 - What are your thoughts on ignoring your emotions when it comes to investing? 12:05 - What does ‘invest in preparedness, not in prediction’ mean? 15:50 - How can understanding the constants in your life lead to a more successful and fulfilling life beyond just financial comforts? 17:46 - Do people bifurcate their behaviors when it comes to the relationship with money versus the relationships with other parts of their lives? 20:09 - What are you thoughts on making self-worth dependent on how much money you makes? 24:50 - Say more about the relationship between happiness and expectations. 28:11 - How does the way you’re raised impact your relationship with money as you get older? 31:10 - How do you teach your kids about grit? Subscribe to The Prof G Pod on Spotify https://open.spotify.com/show/5Ob5psTjoUtIGYxKUp2QVy?si=ee62b5f53f794d77 Got a question for Prof G? Get answers on TikTok: https://www.tiktok.com/@profgalloway Want more Prof G? Check out everything we're up to at https://profgmedia.com/ #business #news #tech #finance #stockmarket #profg #scottgalloway #profgconversations #morganhousel #thepsychologyofmoney #sameasever #algebraofhappiness #algebraofwealth #investing #parenting #happiness