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Personal finance: How to save, spend, and think rationally about money | Big Think

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Personal finance: How to save, spend, and think rationally about money | Big Think



Personal finance: How to save, spend, and think rationally about money | Big Think
Watch the newest video from Big Think: https://bigth.ink/NewVideo
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———————————————————————————-
Whether you have a lot of money or a lot of debt, it matters how you handle your personal finances. A crucial step when it comes to saving is to reassess your relationship with money and to learn to adopt a broader, more logical point of view.

In this video, social innovator and activist Vicki Robin, psychologist Daniel Kahneman, Harvard Business School professor Michael Norton, and author Bruce Feiler offer advice on achieving financial independence, learning to control your emotions, spending smarter, and teaching children about money.

It all starts with education and understanding. The more you know about how money works, the better you will be at avoiding mistakes and the easier it will be to take control of your financial circumstances.

Check Vicki Robin’s latest book Your Money or Your Life: 9 Steps to Transforming Your Relationship with Money and Achieving Financial Independence at https://amzn.to/3iYISI8
———————————————————————————-
TRANSCRIPT:

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VICKI ROBIN: I was leading a session on a relationship with money. I just was curious about where people were with this at this point. This was in 2016. We had 50 people in the room. We circled up and we went around the room, just say something about your relationship with money. And I realized every person in that room was in fear about money. From the 80 year old who I know has millions of dollars to the 20 year old who’s like already $20,000 in debt. And it just, honestly it infuriated me like what kind of society requires that everybody participate in something that terrifies them. This feels so amiss to me.

DANIEL KAHNEMAN: People are not fully rational and they make many choices that if they reflected upon them they would do differently. There’s no question about that. The major tendency is people tend to frame things very narrowly. They take a narrow view of decision making. They look at the problem at hand and they deal with it as if it were the only problem. Very frequently it’s a better idea to look at problems as they will recur throughout your life and then you look at the policy that you’re to adopt for a class of problems. Difficult to do would be a better thing. People frame things narrowly in the sense, for example, that they will save and borrow at the same time instead of somehow treating their whole portfolio of assets as one thing. If people were able to take a broader view they would in general make better decisions. So that is certainly one of the weaknesses of human decision making. We call it narrow framing.

Four layers of financial independence

ROBIN: First of all, I’d like to distinguish between independence and freedom. So, financial freedom is like freeing your mind. Financial freedom is understanding that I’m me and there’s an economy out there and I have a relationship with it but it doesn’t run my life. It’s freeing my mind from the messages of the consumer culture, the messages of the economy. The messages that a house is a starter house. No, that’s my house. I could die in my house. It’s like there’s so many presumptions that drive us into waste slavery, debt, and it doesn’t matter whether you are at the low end or the high end. If you are engaged in that sort of anxious process of more, more, more, you are not free.

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So the first layer of financial independence I talk about is this freedom of the mind. This freeing your mind. Of saying like I am sovereign. The economy is secondary. I will move my sovereign self into the economy for my own purposes rather than I am a schlump, the economy is my mega-boss and I don’t know, my boss seems to be as big as the sky and so I will just let my life be run by my boss and the tax system and I’m just going to let myself be run by this thing. No. So you are sovereign beings so that’s your first layer of financial independence is your own sovereignty. And then the second layer is to get out of debt. And for some people debt feels endless. And the first step to getting out of debt is stop going into debt. There’s many people who have written to us who flatten their debt in a couple of years. Impossible debt. Debt that was going to be endless. They would die with this debt. And once they see what the debt is doing to them in terms of the actual opportunities, the future opportunities of their lives, that’s the sort of link that we try to get people to make so that something in the future is more important than the immediate pleasure of buying one more tchotchke that you’re never going to use…

Read the full transcript at https://bigthink.com/videos/personal-finance-how-to-save

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New Earning App Without Investment | Online Game Earn Money | How to Earn Money Without Investment

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New Earning App Without Investment | Online Game Earn Money | How to Earn Money Without Investment



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Crypto Manipulation FINALLY REVEALED (Watch Immediately)

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Bitcoin CRASHING! Crypto Manipulation FINALLY REVEALED (Watch Immediately)



Bitcoin Manipulation DISCOVERED! (Watch Before They Delete)
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10:59 – How high could it pump?

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**Note: My overall opinion is that the name of the game is to accumulate as much Bitcoin as possible. Alts are interesting but a lot more speculative. I use them to accumulate more Bitcoin & Ethereum.

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This is NOT an offer to buy or sell securities.

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Investing and trading in cryptocurrencies is very risky, as anything can happen at any time.

This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander, harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research.

*The channel is not responsible for the performance of sponsors and affiliates.

Most of my crypto portfolio is Bitcoin, then Ethereum, but I hold many cryptocurrencies, possibly ones discussed in this video.

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Bitcoin Social Interest: Dozens of us Left

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Bitcoin Social Interest: Dozens of us Left



Let us talk about social interest for Bitcoin in 2026 and what we can expect going forward.

Check out the July Bitcoin memo:
https://www.benjamincowen.com/reports/bitcoin-cycle-memo-july-2026

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How to Start Investing with Rs. 500 in Pakistan | Financial Literacy for Beginners

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How to Start Investing with Rs. 500 in Pakistan | Financial Literacy for Beginners



Many people believe they cannot start investing because they only save Rs. 500 or Rs. 5000 at the end of the month. But the truth is that investment does not always require large capital.

In this video, we discuss how anyone in Pakistan can begin their financial journey with a very small amount of money.

This video explains:
Why financial literacy is important even with small savings
How to start investing with as little as Rs. 500
The difference between high risk, medium risk, and low risk investments
Understanding money market funds, mutual funds, and bonds
Why monitoring your investments regularly is important
The importance of understanding annualized returns vs absolute returns
How to build a circle of financially aware friends and mentors
Choosing the right asset management company for your investment journey
Financial literacy is not only for wealthy investors. Students, women, and beginners can also start learning and investing with small amounts.

This video shares practical steps from a personal financial journey to help beginners understand the basics of investing and protecting savings from inflation.

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Disclaimer:
This video is for informational and educational purposes only. The content presented reflects personal opinions, analysis, and interpretations based on publicly available information and should not be considered financial, investment, legal, or professional advice.

Viewers should consult with a qualified professional before making any financial or investment decisions.

Any projections, forecasts, or forward-looking statements are inherently uncertain and should not be relied upon as guarantees of future performance.

Investing in financial markets involves risk, including the potential loss of capital. Past performance is not indicative of future results.

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This content does not constitute a recommendation, endorsement, or solicitation to buy or sell any securities, financial instruments, or assets.

The creator of this content is not responsible for any financial losses or decisions made based on the information provided in this video.

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How Asia Collapsed Overnight: The Untold Story of the 1997 Financial Crisis- #singapore #indonesia .

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How Asia Collapsed Overnight: The Untold Story of the 1997 Financial Crisis- #singapore #indonesia .



In 1997, Southeast Asia—once hailed as the world’s fastest-growing region—collapsed almost overnight.
Currencies crashed, governments fell, millions lost their savings, and a generation watched its dreams disappear in a matter of months.

This documentary explores the real triggers behind the Asian Financial Crisis, from the fall of the Thai baht to the political shockwaves in Indonesia, Malaysia, and Thailand. Featuring the roles of George Soros, the IMF, currency speculators, and the region’s own structural weaknesses, we uncover how the “Asian Miracle” unraveled—and why no one was prepared for it.

✔ Why Thailand’s currency collapse triggered a regional meltdown
✔ How Asian governments tied themselves to the U.S. dollar
✔ Why companies borrowed billions in foreign debt
✔ The role of speculators, hedge funds, and Western media
✔ How Suharto fell, Mahathir fought back, and Singapore stayed afloat
✔ Why the IMF’s rescue packages were both essential—and painful

This is not just a story about economics.
It’s a story about power, panic, politics, and the fragility of confidence.

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This… is a Lesson Untold.

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– Intro: The Night the Tigers Fell
– Why No One Saw the Crisis Coming
– How Thailand’s Baht Triggered a Meltdown
– The U.S. Dollar Trap
– How Contagion Spread Across Asia
– Political Collapses: Suharto, Mahathir, Chavalit
– IMF Arrives
– Lessons Asia Learned

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XRP, XLM & HBAR Just Got WHITELISTED By Wall Street… This Is INSANE!!!

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XRP, XLM & HBAR Just Got WHITELISTED By Wall Street... This Is INSANE!!!



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⚠️ DISCLAIMER – READ FIRST
This video is not financial advice. It is for educational and entertainment purposes only. I may earn a commission through some of the links below — at no extra cost to you.

Crypto-assets are highly volatile and involve significant risk. These offers are intended for experienced users only and may not be available in your region. Always verify local laws before registering or trading on any platform.

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#crypto #xrp #hbar #xlm #altcoin
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1. Corporate Entity & Content Purpose
This channel is operated by a registered business entity. All content is intended solely for informational and entertainment purposes and reflects the opinion of the channel as an entity.

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I am not a licensed financial advisor. Nothing in this content should be construed as financial, investment, legal, or tax advice. Viewers should consult qualified professionals before making investment decisions.

3. Sponsorships & Affiliate Relationships
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If you are located in such a region, do not engage with or act on this content.

5. Crypto Risk Warning
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Blockchain And Cryptocurrency Explained In 10 Minutes | Blockchain And Cryptocurrency | Simplilearn

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Blockchain And Cryptocurrency Explained In 10 Minutes | Blockchain And Cryptocurrency | Simplilearn



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This Blockchain and Cryptocurrency video covers all the important concepts from basics to advance. It will help you understand what led to the creation of Blockchain, what Blockchain is, how a Bitcoin transaction works, how Blockchain plays an integral role in it with features like hash encryption, proof of work and mining and how Blockchain technology is used in real-life scenarios. Also, it covers all the information about Cryptocurrency like what Cryptocurrency is, how Cryptocurrency originated, How Cryptocurrency works, How Cryptocurrency benefits us and How it works on Blockchain. Now, let’s dive into this video and understand the basics of Blockchain and Cryptocurrency and how they work.

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Why Financial Globalization is Dangerous

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Why Financial Globalization is Dangerous



Want to help me do more research? Consider supporting via: https://www.patreon.com/moneymacro or https://ko-fi.com/moneymacro

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Money Changes Everything: How Finance Made Civilization Possible: https://amzn.to/3mt3xbY
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House of Debt: How They (and You) Caused the Great Recession, and How We Can Prevent It from Happening Again: https://amzn.to/3gqXNeZ
The Third Pillar: How Markets and the State Leave the Community Behind: https://amzn.to/382Agwo

In these last decades, finance has become truly global. This has a lot of benefits. But, it is also important to understand the four drawbacks of international capital flows.

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This video explores the following questions: have countries been right to open the door to international investors? or was it a mistake? And, if it was a mistake, what can they do to limit harmful effects of financial globalization?

This video has been inspired by work from economists at the bank for international settlements such as Claudio Borio as well as the work on the global financial cycle by Helene Rey.

The global financial cycle describes how asset prices worldwide move in tandem along with gross capital flows and monetary policy easing by the U.S. Federal Reserve. Central banks of small other countries will have no other option then to follow the U.S. central bank with their interest rates. This is how the classical trilemma turns into a dilemma.

Want to know more, I’m also using this video in a course that I am teaching at the University of Groningen called International Financial Markets that I teach with prof. Dirk Bezemer.

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Also, check out the script for this video here: https://www.moneymacro.rocks/2021-02-04-global-financial-cycle/

Narrated and produced by Dr. Joeri Schasfoort (University of Cape Town)

https://www.linkedin.com/in/joeri-schasfoort/

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Hong Kong’s future as Asia’s financial centre | FT Film

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Hong Kong's future as Asia's financial centre | FT Film



The city’s reputation as Asia’s top international financial centre has been shaken by three years of protests, a political crackdown and a zero-Covid policy. The FT’s Asia financial correspondent Tabby Kinder examines whether the city can remain the prime place to do business in Asia. Read more at https://on.ft.com/3I0ZpZH

#hongkong #financialcentre #business #financial #finance #money #financialservices

See if you get the FT for free as a student (http://ft.com/schoolsarefree) or start a £1 trial: https://subs.ft.com/spa3_trial?segmentId=3d4ba81b-96bb-cef0-9ece-29efd6ef2132.

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