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In our July video essay, Chelsea dives into American debt culture, and how our economy makes it easier to pretend to be rich than to actually build wealth.

Special thanks to Amanda Holden: https://www.instagram.com/dumpster.doggy

SOURCE LINKS:

https://thepointsguy.com/credit-cards/history-of-credit-cards/

https://www.ecspayments.com/emv-chip-vs-magnetic-stripe/

https://www.investopedia.com/terms/d/discover-card.asp

https://www.nytimes.com/2025/06/02/business/buy-now-pay-later-groceries.html

https://www.forbes.com/sites/traversmark/2025/05/22/the-buy-now-pay-later-trap-explained-by-a-psychologist/

https://www.investopedia.com/terms/s/subprime-meltdown.asp

https://www.ipsos.com/en-us/majority-americans-value-their-credit-card-rewards

https://www.bankrate.com/credit-cards/travel/how-to-start-travel-hacking/

https://finance.yahoo.com/news/gen-z-most-notable-status-100000740.html

https://erewhon.com/membership

https://www.fool.com/money/research/credit-card-company-earnings/

https://www.theguardian.com/global/2021/aug/22/how-digital-media-turned-us-all-into-dopamine-addicts-and-what-we-can-do-to-break-the-cycle

https://www.forbes.com/sites/traversmark/2025/05/22/the-buy-now-pay-later-trap-explained-by-a-psychologist/

https://www.pgpf.org/article/how-does-the-us-healthcare-system-compare-to-other-countries/

https://www.healthsystemtracker.org/chart-collection/u-s-life-expectancy-compare-countries/

https://www.axios.com/2024/03/20/world-happiness-america-low-list-countries

https://worldpopulationreview.com/country-rankings/minimum-wage-by-country

00:00 Intro

03:15 Ad break

10:58 The evolution of credit

18:45 The epidemic of invisible debt

30:16 Credit card points and the meaningless of status

40:40 How we all got addicted to dopamine

47:36 The myth of American abundance

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Thanks to our friends at Monarch! Get 50% off with code TFD50 at https://bit.ly/TFDMonarch15MinBudget2

Welcome to the second episode of our new 3-part capsule series, The 15 Minute Budget! In this series, hosted by financial therapist Lindsay Bryan-Podvin, she'll be sharing actionable budgeting advice & tips for the different personality types she most commonly sees in her practice. In this episode she's sharing advice for Budget Burnout.

Lindsay Bryan-Podvin is a financial therapist and wellness expert, speaker, and author of the book "The Financial Anxiety Solution." Find her on YouTube: @MindMoneyBalance and Instagram: https://www.instagram.com/mindmoneybalance/?hl=en

For more ~exclusive~ video content, access to Chelsea's weekly newsletter, our Discord channel, book club, and more, join our membership program, The Society at TFD. Click the "join" button for access!

Money can buy happiness—when you spend it on what truly matters. ✨ Stop buying stuff, start buying joy.

#MoneyMindset #BuyJoyNotStuff #IntentionalLiving #HappinessOverThings #MoneyWellSpent #FinancialFreedom #MindfulSpending

It’s not just about policy—it’s about partnership. Women aren’t opting out of motherhood. They’re opting out of doing it alone.

#womensrights #birthratecrisis #genderroles #childfreebychoice #feminismtoday #emotionallabor #equalpartnership #workingwomen #modernmotherhood #reproductiverights

Hello! Want to know how how to budget when money stresses you out? ✅

If so, welcome to the first episode of our new 3-part capsule series, The 15 Minute Budget! In this series, hosted by our pal and financial therapist, Lindsay Bryan-Podvin, she's sharing actionable budgeting advice & tips for the different personality types she most commonly sees in her practice.✨

Once again, thanks to our lovely friends at Monarch Monet y sponsoring this series — you can use code TFD50 for 50% off via our special link (also in our channel bio!)

if we’re going to talk about class, let’s talk about power.

the problem isn’t your coworker with the designer bag — it’s the billionaire rewriting tax law while you argue over brunch prices.

calling comfort “rich” keeps us distracted. and that’s exactly the point.

#classconsciousness #wealthinequality #taxtherich #economicjustice #latecapitalism #costoflivingcrisis #knowyourenemy #capitalismcritique

You can have the work ethic.

You can have the idea.

But without capital and connections? It might not matter.

Most businesses don’t fail because the founder didn’t care enough.

They fail because rent was due.

Because those key intros would have really helped them out.

Because payroll couldn’t wait.

Because a line of credit got denied.

We need to stop acting like obsession is a business plan.

It’s not. Access is.

#workethic #capital #connection #business #entrepreneur #entrepreneurship #selfmade #failure #businessplan #businessgrowth #businessowner #work #futureofwork

Thanks to our friends at Monarch! Get 50% off with code TFD50 at https://bit.ly/TFDMonarch15MinBudget1

Welcome to the first episode of our new 3-part capsule series, The 15 Minute Budget! In this series, hosted by financial therapist Lindsay Bryan-Podvin, she'll be sharing actionable budgeting advice & tips for the different personality types she most commonly sees in her practice. In this episode she's sharing advice for The Overthinking Avoider.

Link to Holly's Screen-Free Challenge that Lindsay references: https://thefinancialdiet.beehiiv.com/p/my-31-day-screentime-challenge-week-4-updates

Lindsay Bryan-Podvin is a financial therapist and wellness expert, speaker, and author of the book "The Financial Anxiety Solution." Find her on YouTube: @MindMoneyBalance and Instagram: https://www.instagram.com/mindmoneybalance/?hl=en

For more ~exclusive~ video content, access to Chelsea's weekly newsletter, our Discord channel, book club, and more, join our membership program, The Society at TFD. Click the "join" button for access!

No, you’re not “too old” to be outside.

You’re not too responsible to dance.

You’re not too grown to still want softness, fun, and a little bit of chaos sometimes.

We don’t age out of joy.

We don’t age out of curiosity.

We don’t age out of being ourselves—loudly, fully, and on purpose.

Don’t let anyone convince you otherwise.

#StillHer #JoyIsAGrownWomanRight #LifeDoesn’tShrinkWithAge #BaddieInBalance #LifeAfter30 #YouCanHaveItAll #SoftLifeInRealTime #WomenSupportingWomen #LivingFully #Ageism #YouCanHaveItAll #AntiAgeismClub #FinanciallyHot #StillOutside #femaleempowerment #joy