BUYING A HOUSE IS KEEPING YOU POOR

Could buying a house be a mistake? I have been trying to better comprehend how to make smarter decisions with my money. Not just how to earn more, but how to actually use it properly over time because the truth is that most of us were never really taught this stuff. So to help me understand it, Finance Guru Ben Felix joins me on The Diary Of A CEO today. Ben is a portfolio manager for PWL Capital (wealth management firm and multi-family office) who focuses on ‘evidence-based investing’ that debunks financial traps and explains the relationship between money and well-being. We spoke about how most people approach money with assumptions that they have never really questioned. Things like buying a house, chasing higher returns, or believing that more money will automatically improve their lives. I have always found money confusing. Not because the information is not out there, but because there is too much of it and most of it says something different. This episode strips it back and should help you understand what actually matters… We discussed things like: - Why he thinks buying a house is a mistake?! - How the real way to getting rich isn’t with stocks… - Why he thinks smart people are the worst innovators? - How to build wealth without being a genius! - Why checking your stocks makes you poor?! Thank you Ben for doing what you do. Finance is such an important part of our life and a huge percentage of the population choose to avoid the subject altogether because it causes anxiety. People like Ben are good at demystifying complex things. What I realised during this conversation is that the hardest part of building wealth isn’t knowing what to do, it’s actually doing it consistently. If you want to better understand how to make smarter financial decisions, this episode is worth your time! #money #podcast #business #finance