About this podcast

In this insightful episode, Mel Robbins hosts Morgan Housel, the bestselling author of 'The Psychology of Money' and a globally recognized financial expert. The discussion delves into actionable financial advice designed to transform listeners' relationships with money. Housel uncovers the #1 mistake that keeps people broke, reveals 5 life-changing money habits, and explains how every spending decision boils down to two types of choices. He offers practical strategies to halt comparison-driven spending, manage paychecks effectively, build wealth from scratch, and implement an investment strategy that often outperforms professional money managers. Mel Robbins also shares her personal journey of overcoming $800,000 in debt to inspire listeners, demonstrating that financial independence is achievable regardless of one's starting point. This episode emphasizes simple, research-backed behaviors over complex formulas, empowering viewers to take control of their financial future.