Introducing Scott Galloway: The BIGGEST Money Mistake That’s Keeping You Broke! from On Purpose with Jay Shetty.

Follow the show: On Purpose with Jay Shetty

Do you track your spending? 

What’s your biggest money mistake?

In today’s episode, Jay welcomes Scott Galloway, one of the most insightful voices in personal finance and wealth creation. If you've been struggling to make ends meet, wondering why you're not earning enough, or seeking financial security, this conversation is a must-listen.

Jay and Scott kick off by exploring the surprising reasons why 30-year-olds are earning less than expected. They dive into the practical steps individuals can take to change their financial trajectory, discussing topics like saving, investing, and overcoming mental blocks to making money.

Scott emphasizes the importance of financial literacy, encouraging listeners to start conversations about money and investments. He also challenges conventional wisdom, suggesting that pursuing talent over passion might be the key to financial success.

In this interview, you'll learn:

Why 30-year-olds are earning less and how to break the cycle

Practical strategies for saving and investing

How to overcome mental blocks to making money

Why talent trumps passion in achieving financial success

How to rewire your stressful relationship with money

Effective communication strategies for discussing money in relationships

If you've felt frustrated, stuck, or uncertain about your financial future, remember this: taking control of your financial health is within your reach. With this conversation, you'll gain the insights and practical advice needed to transform your relationship with money.

With Love and Gratitude,

Jay Shetty.

Join over 750,000 people to receive my most transformative wisdom directly in your inbox every single week with my free newsletter. Subscribe here.

What we discuss:

00:00 Intro

02:00 Why Are 30-year-olds Earning Less?

06:07 What Can They Do To Change This For Themselves?

10:52 How Do I Save? 

16:19 What Blocks Us From Making Money? 

22:39 Should Young People Aspire For The American Dream? 

25:02 Financial Security: What To Pursue

31:35 Rewiring Your Stressful Relationship With Money

38:03 Communicate About Money In Healthy Relationships

41:03 Talent Over Passion

45:52 Finding Your Talent

49:26 Every Experience Is An Added Skill

55:22 Forgive Yourself

59:15 Prioritizing And Evaluating Your Efforts 

01:03:23 Building A “Great” Mindset

01:08:29 The Financial Content

01:12:49 Summary

01:13:41 Scott on Final Five

Episode resources:

Scott Galloway| Website

Scott Galloway| Instagram 

Scott Galloway| Tiktok 

Scott Galloway| Linkedin

Scott Galloway| YouTube 

Scott Galloway| X

See omnystudio.com/listener for privacy information.

DISCLAIMER: Please note, this is an independent podcast episode not affiliated with, endorsed by, or produced in conjunction with the host podcast feed or any of its media entities. The views and opinions expressed in this episode are solely those of the creators and guests. For any concerns, please reach out to [email protected].

[Encore episode] Actor Quintessa Swindwell (Trinkets, Prime Target [forthcoming], and Black Adam) and the hosts get into one of the core questions of The Lexicon: What *is* realness? Can we find objective truth in the modern world? How do we remain authentic to ourselves, while steering clear of counterfeit truth claims? The trio goes deep, buckle up.

ORIGINAL AUDIO PRODUCTION, MUSIC & SOUND DESIGN BY SALT

Executive Produced by Mo Amer, Azhar Usman, Noah Gersh, Jamie Schefman, Nick Panama, Kenzi Wilbur

Head of Creative: Jordan Galvan 

Head of Production: Liz LeMay

Head of Post Production: Robert Adler

Producers: Imran Ali Malik & Aaron Kennedy 

Supervising Producers: Allie Strobel & Alice Bearn

Post Production Supervisor: Aly Honoré

Post Production Coordinator: Jax Raffle 

Edited by: Geoffrey Mutchnik and Aaron Kennedy 

Sound Design and Music by: Matthew Chilelli

Mixed by: Aaron Kennedy 

Recorded by Aaron Kennedy, Zack Djurich and Mario Borgatta 

Guest Booking by Drive Entertainment and Hager Eldaas

Additional music courtesy of Extreme Music.

Joking Not Joking is a Luminary Original, and a co-production between SALT, Legally Homeless, Inc., and Numinous Company, Inc.

[This encore episode releases in honor of an epic year for Ramy Youssef (starring in the Oscar-nominated film Poor Things, guest-directing an episode of Emmy-nominated series The Bear, releasing his film Ramy Youssef: More Feelings, speaking out on behalf of people suffering in the Middle East and more)]

Do most people live in a state of ‘death denial’? Should we all aspire to live to a healthy 102; or shoot for a more modest, albeit blessed, 63 years? Are therapy, astrology, and deep breathing the keys to a longer, happier life? Actor, comedian, writer, and director Ramy Youssef joins Mo and AZ for some light AF banter.

ORIGINAL AUDIO PRODUCTION, MUSIC & SOUND DESIGN BY SALT

Executive Produced by Mo Amer, Azhar Usman, Noah Gersh, Jamie Schefman, Nick Panama, Kenzi Wilbur

Head of Creative: Jordan Galvan 

Head of Production: Liz LeMay

Head of Post Production: Robert Adler

Producers: Imran Ali Malik & Aaron Kennedy 

Supervising Producers: Allie Strobel & Alice Bearn

Post Production Supervisor: Aly Honoré

Post Production Coordinator: Jax Raffle 

Edited by: Geoffrey Mutchnik and Aaron Kennedy 

Sound Design and Music by: Matthew Chilelli

Mixed by: Aaron Kennedy 

Recorded by Aaron Kennedy, Zack Djurich and Mario Borgatta 

Guest Booking by Drive Entertainment and Hager Eldaas

Additional music courtesy of Extreme Music.

Joking Not Joking is a Luminary Original, and a co-production between SALT, Legally Homeless, Inc., and Numinous Company, Inc.

Born Ricky D. Mitchell in Berkeley, CA in 1956, Imam Zaid Shakir converted to Islam in 1977 while serving in the United States Air Force. He studied the religion of Islam extensively, and today is popularly regarded as “America’s Imam,” and one of the most prominent Muslim preachers alive. Imam Zaid was Muhammad Ali’s spiritual leader, guide, and dear friend, and was whispering prayers into his ear in his hospital room when he passed away. Per Ali’s prior request, he led his funeral prayer and presided over his memorial service. Among other achievements and accolades, he is also the co-founder of Zaytuna College (a private Islamic liberal arts college). He publishes regularly on contemporary issues and matters of public interest and debate, both as a private scholar and public intellectual. This episode is a rare gem, full of wisdom, insight, and timeless advice for the sincere seeker of truth. 

Guest: Imam Zaid Shakir

More Info:

Article: “The Greatest, At Rest,” by Tom Junod

Link: https://www.espn.com/espn/feature/story/_/id/19409912/the-planning-muhammad-ali-funeral 

Websites:

https://zaytuna.edu/academics/faculty/zaid-shakir 

https://www.newislamicdirections.com/new_nid/about/ 

ORIGINAL AUDIO PRODUCTION, MUSIC & SOUND DESIGN BY SALT

Executive Produced by Mo Amer, Azhar Usman, Noah Gersh, Jamie Schefman, Nick Panama, Kenzi Wilbur

Head of Creative: Jordan Galvan 

Head of Production: Liz LeMay

Head of Post Production: Robert Adler

Producers: Imran Ali Malik & Aaron Kennedy 

Supervising Producers: Allie Strobel & Alice Bearn

Post Production Supervisor: Aly Honoré

Post Production Coordinator: Jax Raffle 

Edited by: Geoffrey Mutchnik and Aaron Kennedy 

Sound Design and Music by: Matthew Chilelli

Mixed by: Aaron Kennedy 

Recorded by Aaron Kennedy, Zack Djurich and Mario Borgatta 

Guest Booking by Drive Entertainment and Hager Eldaas

Additional music courtesy of Extreme Music.

Joking Not Joking is a Luminary Original, and a co-production between SALT, Legally Homeless, Inc., and Numinous Company, Inc.

Comedians Ahamed Weinberg and Paul Elia are back with Mo & AZ to discuss Clown School: how it’s affected Ahamed’s standup routine, and how it shaped his rise as a comedian in Los Angeles. Clown is fast emerging as a fourth genre of comedy (after standup, sketch, and improv). Also: a message for Bill Cosby (Spoiler: the disgraced legend may owe Mo a significant payment for alleged joke theft).

Guests: Ahamed Weinberg, Paul Elia

ORIGINAL AUDIO PRODUCTION, MUSIC & SOUND DESIGN BY SALT

Executive Produced by Mo Amer, Azhar Usman, Noah Gersh, Jamie Schefman, Nick Panama, Kenzi Wilbur

Head of Creative: Jordan Galvan 

Head of Production: Liz LeMay

Head of Post Production: Robert Adler

Producers: Imran Ali Malik & Aaron Kennedy 

Supervising Producers: Allie Strobel & Alice Bearn

Post Production Supervisor: Aly Honoré

Post Production Coordinator: Jax Raffle 

Edited by: Geoffrey Mutchnik and Aaron Kennedy 

Sound Design and Music by: Matthew Chilelli

Mixed by: Aaron Kennedy 

Recorded by Aaron Kennedy, Zack Djurich and Mario Borgatta 

Guest Booking by Drive Entertainment and Hager Eldaas

Additional music courtesy of Extreme Music.

Joking Not Joking is a Luminary Original, and a co-production between SALT, Legally Homeless, Inc., and Numinous Company, Inc.

Mo and AZ are joined by Grammy-nominated rapper, singer, and actor Tobe Nwigwe and filmmaker, producer, and screenwriter Bassam Tariq to discuss Alief: what it was like growing up in a suburb of Houston, and its lasting impact on who they are today. Alief (aka “SWAT” - Southwest Alief Texas) also gave the world Beyoncé, Lizzo, and a bunch of other artists and entertainers. Is there something in the water?

Guests: Tobe Nwigwe, Bassam Tariq

ORIGINAL AUDIO PRODUCTION, MUSIC & SOUND DESIGN BY SALT

Executive Produced by Mo Amer, Azhar Usman, Noah Gersh, Jamie Schefman, Nick Panama, Kenzi Wilbur

Head of Creative: Jordan Galvan 

Head of Production: Liz LeMay

Head of Post Production: Robert Adler

Producers: Imran Ali Malik & Aaron Kennedy 

Supervising Producers: Allie Strobel & Alice Bearn

Post Production Supervisor: Aly Honoré

Post Production Coordinator: Jax Raffle 

Edited by: Geoffrey Mutchnik and Aaron Kennedy 

Sound Design and Music by: Matthew Chilelli

Mixed by: Aaron Kennedy 

Recorded by Aaron Kennedy, Zack Djurich and Mario Borgatta 

Guest Booking by Drive Entertainment and Hager Eldaas

Additional music courtesy of Extreme Music.

Joking Not Joking is a Luminary Original, and a co-production between SALT, Legally Homeless, Inc., and Numinous Company, Inc.

Mo’s hit Netflix show “MO” is making waves globally, and people are talking. Fellow comedian Paul Elia (Conan, Ramy, Lowkey Comedy) joins Mo and AZ to further discuss their backstories, and the process of the Come Up. Palestine-based standup phenom Adi Khalefa delivers a dispatch from the Arab streets. 

Guests: Paul Elia, Adi Khalefa

ORIGINAL AUDIO PRODUCTION, MUSIC & SOUND DESIGN BY SALT

Executive Produced by Mo Amer, Azhar Usman, Noah Gersh, Jamie Schefman, Nick Panama, Kenzi Wilbur

Head of Creative: Jordan Galvan 

Head of Production: Liz LeMay

Head of Post Production: Robert Adler

Producers: Imran Ali Malik & Aaron Kennedy 

Supervising Producers: Allie Strobel & Alice Bearn

Post Production Supervisor: Aly Honoré

Post Production Coordinator: Jax Raffle 

Edited by: Geoffrey Mutchnik and Aaron Kennedy 

Sound Design and Music by: Matthew Chilelli

Mixed by: Aaron Kennedy 

Recorded by Aaron Kennedy, Zack Djurich and Mario Borgatta 

Guest Booking by Drive Entertainment and Hager Eldaas

Additional music courtesy of Extreme Music.

Joking Not Joking is a Luminary Original, and a co-production between SALT, Legally Homeless, Inc., and Numinous Company, Inc.

“Making it” in show biz is different for everyone. Mo shares the story behind his rise in the entertainment industry: from doing standup in high school to becoming a nationally, then internationally, touring comedian and award-winning actor/creator. AZ shares a bit about his own winding path–from lawyer to startup founder to comic–and the duo reminisce about their proverbial Come Up.

ORIGINAL AUDIO PRODUCTION, MUSIC & SOUND DESIGN BY SALT

Executive Produced by Mo Amer, Azhar Usman, Noah Gersh, Jamie Schefman, Nick Panama, Kenzi Wilbur

Head of Creative: Jordan Galvan 

Head of Production: Liz LeMay

Head of Post Production: Robert Adler

Producers: Imran Ali Malik & Aaron Kennedy 

Supervising Producers: Allie Strobel & Alice Bearn

Post Production Supervisor: Aly Honoré

Post Production Coordinator: Jax Raffle 

Edited by: Geoffrey Mutchnik and Aaron Kennedy 

Sound Design and Music by: Matthew Chilelli

Mixed by: Aaron Kennedy 

Recorded by Aaron Kennedy, Zack Djurich and Mario Borgatta 

Guest Booking by Drive Entertainment and Hager Eldaas

Additional music courtesy of Extreme Music.

Joking Not Joking is a Luminary Original, and a co-production between SALT, Legally Homeless, Inc., and Numinous Company, Inc.

Aristotle said: “It is the mark of an educated mind to entertain a thought without accepting it.” Mo and AZ discuss some known, and many lesser-known, conspiracies. But let’s be clear: AZ doesn’t believe in conspiracy theories; he believes in conspiracy facts. (For example, it turns out Aristotle never said that fake quote above. Seriously, Google it.)

ORIGINAL AUDIO PRODUCTION, MUSIC & SOUND DESIGN BY SALT

Executive Produced by Mo Amer, Azhar Usman, Noah Gersh, Jamie Schefman, Nick Panama, Kenzi Wilbur

Head of Creative: Jordan Galvan 

Head of Production: Liz LeMay

Head of Post Production: Robert Adler

Producers: Imran Ali Malik & Aaron Kennedy 

Supervising Producers: Allie Strobel & Alice Bearn

Post Production Supervisor: Aly Honoré

Post Production Coordinator: Jax Raffle 

Edited by: Geoffrey Mutchnik and Aaron Kennedy 

Sound Design and Music by: Matthew Chilelli

Mixed by: Aaron Kennedy 

Recorded by Aaron Kennedy, Zack Djurich and Mario Borgatta 

Guest Booking by Drive Entertainment and Hager Eldaas

Additional music courtesy of Extreme Music.

Joking Not Joking is a Luminary Original, and a co-production between SALT, Legally Homeless, Inc., and Numinous Company, Inc.