Did anyone ever teach you about money when you were younger?

What’s one money mistake you made in your 20s?

Today, Jay shares the financial lessons he wishes he knew in his twenties. Insights that don’t just change how you handle money, but how you understand it. Jay reveals that most people aren’t actually bad with money, they were simply never taught how to build a healthy, secure relationship with it.

Jay explains how these dynamics affect our financial habits, emphasizing that real financial security begins with mindset and choices, not income. From challenging inherited money beliefs to addressing debt with clarity rather than fear, this episode offers a roadmap to move from financial stress to financial stability.

In this episode, you’ll learn:
How to Shift from Avoiding Money to Owning It
How to Build a Secure Relationship with Money
How to Invest in Knowledge Before Assets
How to Break Free from Financial Programming
How to Simplify Your Finances When Overwhelmed

Wealth isn’t about looking rich, it’s about living with intention, respecting yourself, and aligning your money with purpose.

With Love and Gratitude,
Jay Shetty

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What We Discuss:
00:00 Intro
01:01 Is It Too Late to Learn Financial Literacy?
04:18 Myth: Money is the Root of All Evil
05:31 #1: It’s About Good Decisions, Not Income
08:20 #2: You Can’t Save What You Don’t Have
11:26 #3: Buying More Won’t Build Wealth
17:14 #4: Don’t Avoid Debt Education
18:25 #5: You’re Not Lazy You’re Just Overwhelmed
19:56 #6: Where Did You Get Your Money Beliefs?
23:52 #7: Generosity Multiplies Wealth

Episode Resources:

https://www.instagram.com/jayshetty
https://www.facebook.com/jayshetty/
https://x.com/jayshetty
https://www.linkedin.com/in/shettyjay/
https://www.youtube.com/@JayShettyPodcast
http://jayshetty.me

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This budgeting method I talk about in today’s video really changed the way I view my own finances. It’s called the P&L Method, or running your life like you would a business. Every month, I have my own personal P&L sheet, and I’ve also created one for you guys so you can budget on your own today too.

The P&L Method Template: https://beacons.ai/humphreytalks/freedownloads

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Timestamps:
0:00 – Start Here
0:36 – Step 1: Being Aware
1:42 – Tracking Expenses Challenge
3:24 – Embarrassment & Finances
4:55 – 4 Things To Get Better
6:17 – THE BUDGETING METHOD
8:51 – Zero-Based Alternative
9:54 – How to Allocate Money
13:07 – Where People Get Stuck

PS: I am not a current Financial Advisor, any investment commentary are my opinions only. Some of the links in this description are affiliate links that I do receive a commission for & they help support the channel!

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