Try to explain consciousness. Go ahead… we’ll wait. It’s almost impossible, but that doesn’t make it any less real! Same with gravity. You can’t see it, but it shapes every movement you make, and it did long before anyone could fully explain it, even after Isaac Newton put words and math to it. Economic forces work similarly to gravity. You don’t always see them, you might not fully grasp them, but they quietly influence every financial decision you make, from the biggest to the smallest. That’s what today’s show is all about. Alex Mayyasi is a journalist, podcaster, and author of the new book, Planet Money, where he explores the hidden economic forces shaping everyday life. Today we discuss:
Pricing is more than just a number
Tariffs as taxes and their impact on quality of goods
Our personal choices in an uncertain world
Absolute wealth vs relative wealth
Expectations for continued economic growth
Housing supply and demand as a game of musical chairs
Alex’s new podcast about the business of food, Gastronomics
And much more!

Can’t get enough How To Money? Here are some additional ways to get ahead with your personal finances:
Cashback credit cards: Check out our favorite credit cards that we use to maximize rewards and optimize our spending.
Other money nerds: Find a thriving community of fellow money nerds by joining the HTM Facebook group!
Newsletter: Sign up for the weekly HTM newsletter. It’s fun, free, & practical.
Money Gears: knowing what to do with your money is crucial to your personal finance journey.
MG7: and maybe you’re well on your way to financial independence but you’re looking for some financial reassurance, that’s when heading over to HowToMoney.com/Advisor and getting matched with a highly vetted financial advisor makes sense.

 

And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!

 

Best friends out!

Try to explain consciousness. Go ahead&hellip; we&rsquo;ll wait. It&rsquo;s almost impossible, but that doesn&rsquo;t make it any less real! Same with gravity. You can&rsquo;t see it, but it shapes every movement you make, and it did long before anyone could fully explain it, even after Isaac Newton put words and math to it. Economic forces work similarly to gravity. You don&rsquo;t always see them, you might not fully grasp them, but they quietly influence every financial decision you make, from the biggest to the smallest. That&rsquo;s what today&rsquo;s show is all about. Alex Mayyasi is a journalist, podcaster, and author of the new book, Planet Money, where he explores the hidden economic forces shaping everyday life. Today we discuss:
<ul>
<li aria-level="1">Pricing is more than just a number</li>
<li aria-level="1">Tariffs as taxes and their impact on quality of goods</li>
<li aria-level="1">Our personal choices in an uncertain world</li>
<li aria-level="1">Absolute wealth vs relative wealth</li>
<li aria-level="1">Expectations for continued economic growth</li>
<li aria-level="1">Housing supply and demand as a game of musical chairs</li>
<li aria-level="1">Alex&rsquo;s new podcast about the business of food, <a href="https://www.gastronomicspodcast.com/">Gastronomics</a></li>
<li aria-level="1">And much more!</li>
</ul>
Can&rsquo;t get enough How To Money? Here are some additional ways to get ahead with your personal finances:
<ul>
<li aria-level="1">Cashback credit cards: Check out <a href="https://go.nextcard.com/shau19-htmomny">our favorite credit cards</a> that we use to maximize rewards and optimize our spending.</li>
<li aria-level="1">Other money nerds: Find a thriving community of fellow money nerds by joining the <a href="https://www.facebook.com/groups/1623670287732189">HTM Facebook group!</a></li>
<li aria-level="1">Newsletter: Sign up for the weekly <a href="https://www.howtomoney.com/newsletter/">HTM newsletter</a>. It&rsquo;s fun, free, &amp; practical.</li>
<li aria-level="1">Money Gears: knowing <a href="https://www.howtomoney.com/start-here/">what to do with your money</a> is crucial to your personal finance journey.</li>
<ul>
<li aria-level="2">MG7: and maybe you&rsquo;re well on your way to financial independence but you&rsquo;re looking for some financial reassurance, that&rsquo;s when heading over to <a href="http://www.howtomoney.com/advisor">HowToMoney.com/Advisor</a> and getting matched with a highly vetted financial advisor makes sense.</li>
</ul>
</ul>
&nbsp;
And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you&rsquo;re not already a regular listener, and <a href="https://podcasts.apple.com/us/podcast/how-to-money/id1337718773?mt=2">give us a quick review in Apple Podcasts</a> or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!
&nbsp;
Best friends out!

Best friends Joel and Matt are the co-hosts of How to Money which is all about providing the knowledge & tools that normal folks need to thrive in areas like debt payoff, DIY investing, and crucial money tricks that will provide continuous help along your journey. We believe that access to unbiased and jargon-free personal finance guidance is more necessary than ever before. When you handle your money in a purposeful, thoughtful way that works for your lifestyle, you can really start living a rich life.

How to Money

The Invisible Economic Forces Shaping Your Life w/ Planet Money's Alex Mayyasi #1151

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/cf172313-a5e4-49f6-86ae-b4470157f859/transcript