You can earn half a million dollars a year and still have nothing left by the end of the month.
That's not a theory. A Goldman Sachs study found 40% of people making over $500,000 are living paycheck to paycheck. The income isn't the problem. The identity is.
George Kamel, #1 national bestselling author of Breaking Free from Broke and co-host of The Ramsey Show, has taken thousands of calls from people who earned great money and lost it all. People who confused looking rich with building wealth. Couples who kept separate bank accounts right up until the marriage fell apart.
His take: debt is never just a math problem. It's a behavior problem. And no budget in the world sticks until you decide what kind of person you're going to be with money.
In this conversation, George breaks down why buy now pay later apps are engineered to increase your cart size by 40%, why prediction markets like Polymarket are doing to young men what gambling apps did to the last generation, and why the moment someone calls a financial decision an "opportunity," they've usually already started justifying a terrible one.
The path to financial peace is simpler than you've been told. And it starts with creating friction, not removing it.
Breaking Free From Broke: The Ultimate Guide to More Money and Less Stress
<ul>
 <li><a href="https://amzn.to/4bX1cy2" target="_blank" rel="noopener noreferrer">Amazon</a></li>
 <li><a href="https://apple.co/4dXLDHJ" target="_blank" rel="noopener noreferrer">Ebook</a></li>
 <li><a href="https://apple.co/42FWWyZ" target="_blank" rel="noopener noreferrer">Audiobook</a></li>
</ul>
<a href="https://www.youtube.com/@SmartMoneyHappyHour" target="_blank" rel="noopener noreferrer">Smart Money Happy Hour</a>
<a href="https://www.youtube.com/@GeorgeKamel" target="_blank" rel="noopener noreferrer">George Kamel YouTube</a>
<a href="https://www.instagram.com/georgekamel" target="_blank" rel="noopener noreferrer">George's Instagram</a>
In this episode you will:
<ul>
 <li>Discover why debt is a psychology problem, not a math problem, and the identity shift you must make before any budget will actually stick</li>
 <li>Recognize the doom loop of emotional spending and how buy now pay later apps are designed to make you spend more, feel worse, and repeat the cycle</li>
 <li>Learn the seven Ramsey Baby Steps framework that has helped millions get out of debt and build real generational wealth</li>
 <li>Apply the SMART Spender framework from Breaking Free from Broke to make intentional purchases without guilt or impulse</li>
 <li>Understand how financial infidelity quietly destroys marriages and the warning signs hiding in plain sight</li>
</ul>
For more information go to <a href="https://lewishowes.com/1936" target="_blank" rel="noopener noreferrer">https://lewishowes.com/1936</a>
For more Greatness text PODCAST to +1 (614) 350-3960
Follow <a href="https://podcasts.apple.com/us/podcast/the-daily-motivation/id1634106069" target="_blank" rel="noopener noreferrer">The Daily Motivation</a> for essential highlights from The School of Greatness
More SOG episodes we think you’ll love:
<a href="http://greatness.lnk.to/1861SC" target="_blank" rel="noopener noreferrer">Lewis Howes Solo [5 Money Habits To Financial Freedom]</a>
<a href="http://greatness.lnk.to/1915SC" target="_blank" rel="noopener noreferrer">Dan Martell</a>
<a href="http://greatness.lnk.to/1884SC" target="_blank" rel="noopener noreferrer">Vivian Tu</a>
TOPICS
George Kamel, financial freedom, debt snowball, Baby Steps, financial infidelity, lifestyle creep, doom loop, buy now pay later, SMART Spender framework, Breaking Free from Broke
Get more from Lewis!&nbsp;<a href="https://lewishowes.com/money" target="_blank">Get my New York Times Bestselling book, Make Money Easy!</a><a href="https://open.spotify.com/show/1jWO57cwx0cXxHEwbfw85j?si=b570febb9a234e9f" target="_blank">Get The Greatness Mindset audiobook on Spotify</a><a href="https://greatness.lnk.to/chat" target="_blank">Text Lewis AI</a><a href="https://www.youtube.com/lewishowes" target="_blank">YouTube</a><a href="https://www.instagram.com/lewishowes/" target="_blank">Instagram</a><a href="http://lewishowes.com/" target="_blank">Website</a><a href="https://www.tiktok.com/@lewis" target="_blank">Tiktok</a><a href="https://www.facebook.com/lewishowes/" target="_blank">Facebook</a><a href="https://twitter.com/LewisHowes" target="_blank">X</a> Hosted by Simplecast, an AdsWizz company. See <a href="https://pcm.adswizz.com">pcm.adswizz.com</a> for information about our collection and use of personal data for advertising.

Podurama

Home

Trending

Personal

Your Podcasts

New Episodes

My Files

Favourite Episodes

Tags (Folders)

Recently Played

Bookmarks

Followed Playlists

The Psychology Behind Why You're Still Broke | George Kamel

The School of Greatness

AI Chapters

AI Insights

Reviews