You Can’t Trust Banks | Mo Gawdat

In this episode, Rob shares some of his recent interview with entrepreneur and podcaster Mo Gawdat. Mo and Rob talk about all things money including why we are about to hit an economic crisis and why this was entirely predictable. They also discuss how to play the banks at their own game and leverage the system to your financial advantage. KEY TAKEAWAYS The current economic situation is normal, money and the economy are cyclical and predictable. Banks going bust wouldn’t be purely negative, it would show people that banks are untrustworthy. Banks are good at marketing, that is why people believe they can be trusted. You need to learn to play the system. The money dreams you are sold are not what you want when you financially get there. Your biggest expense isn’t your house or car, it’s tax. The one way you can get your tax bill down, is to run your own company, where you pay yourself first and your tax last. BEST MOMENTS "Money shows up more than I need” “We’re about to hit a very serious economic crisis” “You can’t beat the universe, you can beat humans, but you can’t beat the universe” “The banks going bust would be good because then you wouldn’t trust them anymore” “When you have a job you pay tax first, and yourself last” “Human nature is to desire what we can’t have” https://robmoore.com/ bit.ly/Robsupporter   https://robmoore.com/podbooks rob.team ABOUT THE HOST Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “The Disruptive Entrepreneur” “If you don't risk anything, you risk everything” CONTACT METHOD Rob’s official website: https://robmoore.com/  Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs LinkedIn: https://uk.linkedin.com/in/robmoore1979   See omnystudio.com/listener for privacy information.

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The Money podcast, by best-selling author of “Money”, Rob Moore, will dive into how to make, manage and master money. How to know more, make more and give more. How to save, invest and raise money. The story, history and psychology of money. The good, bad and naughty of money. Rob will use his experience of going from debt at 26, to becoming a millionaire by 31. Rob will call upon his contacts and interview millionaires, billionaires, economists and money masters from all walks of life. Rob will draw all his experience from starting from nothing, and building the huge podcast the “Disruptive Entrepreneur”, with his on the ground, real business experience. The Money podcast is for anyone who wants to make more money in a job, profession or passion, for money masters and money disasters. They say money doesn’t make you happy, Rob says “It does!”.