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The Upgrade by Lifehacker

How to Be Good With Money, With Felix Salmon & Jen Sincero (RECAST)

The Upgrade by Lifehacker

Lifehacker

Tech News, News, How To, Education, Self-improvement

4.6688 Ratings

🗓️ 7 December 2020

⏱️ 42 minutes

🧾️ Download transcript

Summary

Financial journalist Felix Salmon joins us this week to talk about making money while doing good in the world, "Badass" author Jen Sincero tells us how she went from no money to a lot of money by changing her mindset, and we all end up rich.

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Transcript

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0:00.0

Hey, Upgrade listeners. We are deep into the holiday season, which usually means some type of

0:06.5

financial stress for most of us. So we thought we'd bring you a recast this week that might come in

0:12.1

handy. It's called How to Be Good with Money and features financial journalist Felix Salmon

0:17.7

and badass author Jen Sincencherro. So if you're in the market for some

0:22.7

useful money advice, you're in luck. Please enjoy and we will see you next week. Hello and welcome to The Upgrade, the podcast from the team at LifeHacker, where we help you improve your life one week at a time.

0:44.9

I'm Melissa Kirsch, editor-in-chief of Lifehacker, and today we're talking about how to be good with money, from having a healthy attitude about earning it to being a moral person once you have

0:54.8

it. We're using the term good with money loosely in this episode. There are many ways to be,

1:00.9

quote, good or bad with money from how you use it and invest it to the relationship you have with it.

1:07.4

To better understand the concept of socially responsible investing, I chat with Axios,

1:12.3

chief financial correspondent Felix Salmon. If you buy shares in a quote-unquote good company,

1:17.9

your money doesn't go to the good company. It just goes to the person who owned the shares before you.

1:22.8

Former Lifehacker editor Andy Oran and I chat with success coach Jen Sincero about money mindsets.

1:29.5

Money is, again, as we said, such a loaded, loaded topic that we get so many messages about it when we're

1:34.7

little kids and we lock it into our fiber. Then Felix Salmon is back for our upgrade of the week.

1:44.0

So money is a complicated subject.

1:46.8

As you are a badass author, Jen Sincereo, says in our interview, we don't often talk or think

1:52.2

about how we treat it.

1:53.9

We have a lot of preconceived ideas about what it means to make money or to have money

1:58.1

or just to care about money.

2:00.6

But even when we're lucky enough to have some cash, it can be tricky working out what to do with it.

2:05.4

Having money is one thing.

2:07.2

Deciding how to invest our hard-earned dollars to take care of ourselves, our loved ones, and our futures, while also doing good, is quite another.

...

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