Ross Mac of Maconomics shared truth bombs about changing our collective mind about and relationship with money: use it as a tool to build wealth, why the conventional wisdom of saving isn't enough, how to talk with kids about money, and building good habits so we can reap the rewards of our discipline.

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⌚️ TIMESTAMPS
02:14 What is Maconomics?
04:25 Netflix documentary "Get Smart With Money": a hopeful mindset shift about money
07:55 Living paycheck to paycheck: income vs. spending habit
08:31 Learning money habits from parents
19:31 Investing = Paying your future self first
25:09 50/30/20 rule: allocating money wisely
26:47 Spending less is better than making more $
33:09 Statement vs. due dates: gaming credit scores
36:16 Income limit vs. credit limit
38:53 Talking to kids about money
45:00 The American culture of borrowing money
51:03 Financial freedom and compound interest