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| Duration: | 59:35 |
| Uploaded: | 2024-12-31 |
| Last sync: | 2024-12-31 18:15 |
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Thanks to Advisor.com for sponsoring this episode! Schedule a FREE consultation call with Advisor today and never make another financial decision alone! Get $500 off your first year with them by signing up through TFD. Take this short quiz to get started: https://partners.thefinancialdiet.com
Welcome to this month's ad-free video essay exclusively for our Society at TFD members! This month, Chelsea dives into America's pervasive culture of scarcity, and just how much capitalism thrives on you feeling like you'll never have enough.
Special thanks to:
Aja Evans: https://ajaevanscounseling.com/
https://www.penguinrandomhouse.com/books/759700/feel-good-finance-by-aja-evans/
Esther
Source links:
https://health.clevelandclinic.org/scarcity-mindset
https://blog.hubspot.com/marketing/the-scarcity-principle
https://www.vox.com/2016/5/5/11578994/income-friends-family
https://capitaloneshopping.com/research/free-shipping-statistics/
https://www.investopedia.com/terms/v/veblen-good.asp
https://thrivingcenterofpsych.com/blog/why-do-humans-compare-themselves-to-others-and-how-to-stop/
https://www.calculator.net/401k-calculator.html
https://www.statista.com/topics/10423/anti-aging
https://www.vox.com/the-goods/2022/7/28/23219258/anti-aging-cream-expensive-scam
https://hbr.org/2010/05/the-productivity-myth-2
https://www.cnbc.com/2023/06/28/hustle-culture-isnt-dead-it-just-got-a-gen-z-rebrand.html
https://www.psychologytoday.com/us/blog/reaching-across-the-divide/202105/thinking-through-perceived-scarcity
https://www.newsweek.com/ocasio-cortez-rejects-scarcity-mindset-gop-attacks-student-debt-relief-1737578
https://www.citizen.org/news/fact-check-medicare-for-all-would-save-the-u-s-trillions-public-option-would-leave-millions-uninsured-not-garner-savings/
https://www.vox.com/politics/351535/3-theories-for-americas-anti-immigrant-shift
https://www.americanimmigrationcouncil.org/news/new-data-immigrants-driving-prosperity-in-united-states-2022
00:00 Intro
03:00 Ad break
08:00 The finances of feeling scarce
22:16 The comparison-to-overconsumption pipeline
30:20 Youth: the ultimate luxury product
38:15 Scarcity and hustle culture
46:58 How scarcity gets votes
57:04 Conclusion
Join this channel to get access to perks:
https://www.youtube.com/channel/UCSPYNpQ2fHv9HJ-q6MIMaPw/join
The Financial Diet site:
http://www.thefinancialdiet.com
Facebook: https://www.facebook.com/thefinancialdiet
Twitter: https://twitter.com/TFDiet
Instagram: https://www.instagram.com/thefinancialdiet/?hl=en
Thanks to Advisor.com for sponsoring this episode! Schedule a FREE consultation call with Advisor today and never make another financial decision alone! Get $500 off your first year with them by signing up through TFD. Take this short quiz to get started: https://partners.thefinancialdiet.com
Welcome to this month's ad-free video essay exclusively for our Society at TFD members! This month, Chelsea dives into America's pervasive culture of scarcity, and just how much capitalism thrives on you feeling like you'll never have enough.
Special thanks to:
Aja Evans: https://ajaevanscounseling.com/
https://www.penguinrandomhouse.com/books/759700/feel-good-finance-by-aja-evans/
Esther
Source links:
https://health.clevelandclinic.org/scarcity-mindset
https://blog.hubspot.com/marketing/the-scarcity-principle
https://www.vox.com/2016/5/5/11578994/income-friends-family
https://capitaloneshopping.com/research/free-shipping-statistics/
https://www.investopedia.com/terms/v/veblen-good.asp
https://thrivingcenterofpsych.com/blog/why-do-humans-compare-themselves-to-others-and-how-to-stop/
https://www.calculator.net/401k-calculator.html
https://www.statista.com/topics/10423/anti-aging
https://www.vox.com/the-goods/2022/7/28/23219258/anti-aging-cream-expensive-scam
https://hbr.org/2010/05/the-productivity-myth-2
https://www.cnbc.com/2023/06/28/hustle-culture-isnt-dead-it-just-got-a-gen-z-rebrand.html
https://www.psychologytoday.com/us/blog/reaching-across-the-divide/202105/thinking-through-perceived-scarcity
https://www.newsweek.com/ocasio-cortez-rejects-scarcity-mindset-gop-attacks-student-debt-relief-1737578
https://www.citizen.org/news/fact-check-medicare-for-all-would-save-the-u-s-trillions-public-option-would-leave-millions-uninsured-not-garner-savings/
https://www.vox.com/politics/351535/3-theories-for-americas-anti-immigrant-shift
https://www.americanimmigrationcouncil.org/news/new-data-immigrants-driving-prosperity-in-united-states-2022
00:00 Intro
03:00 Ad break
08:00 The finances of feeling scarce
22:16 The comparison-to-overconsumption pipeline
30:20 Youth: the ultimate luxury product
38:15 Scarcity and hustle culture
46:58 How scarcity gets votes
57:04 Conclusion
Join this channel to get access to perks:
https://www.youtube.com/channel/UCSPYNpQ2fHv9HJ-q6MIMaPw/join
The Financial Diet site:
http://www.thefinancialdiet.com
Facebook: https://www.facebook.com/thefinancialdiet
Twitter: https://twitter.com/TFDiet
Instagram: https://www.instagram.com/thefinancialdiet/?hl=en
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