Introducing The Psychology Behind Why You're Still Broke | George Kamel from The School of Greatness. Follow the show: The School of Greatness You can earn half a million dollars a year and still have nothing left by the end of the month. That's not a theory. A Goldman Sachs study found 40% of people making over $500,000 are living paycheck to paycheck. The income isn't the problem. The identity is. George Kamel, #1 national bestselling author of Breaking Free from Broke and co-host of The Ramsey Show, has taken thousands of calls from people who earned great money and lost it all. People who confused looking rich with building wealth. Couples who kept separate bank accounts right up until the marriage fell apart. His take: debt is never just a math problem. It's a behavior problem. And no budget in the world sticks until you decide what kind of person you're going to be with money. In this conversation, George breaks down why buy now pay later apps are engineered to increase your cart size by 40%, why prediction markets like Polymarket are doing to young men what gambling apps did to the last generation, and why the moment someone calls a financial decision an "opportunity," they've usually already started justifying a terrible one. The path to financial peace is simpler than you've been told. And it starts with creating friction, not removing it. Breaking Free From Broke: The Ultimate Guide to More Money and Less Stress Amazon Ebook Audiobook Smart Money Happy Hour George Kamel YouTube George's Instagram In this episode you will: Discover why debt is a psychology problem, not a math problem, and the identity shift you must make before any budget will actually stick Recognize the doom loop of emotional spending and how buy now pay later apps are designed to make you spend more, feel worse, and repeat the cycle Learn the seven Ramsey Baby Steps framework that has helped millions get out of debt and build real generational wealth Apply the SMART Spender framework from Breaking Free from Broke to make intentional purchases without guilt or impulse Understand how financial infidelity quietly destroys marriages and the warning signs hiding in plain sight For more information go to https://lewishowes.com/1936 For more Greatness text PODCAST to +1 (614) 350-3960 Follow The Daily Motivation for essential highlights from The School of Greatness More SOG episodes we think you’ll love: Lewis Howes Solo [5 Money Habits To Financial Freedom] Dan Martell Vivian Tu TOPICS George Kamel, financial freedom, debt snowball, Baby Steps, financial infidelity, lifestyle creep, doom loop, buy now pay later, SMART Spender framework, Breaking Free from Broke Get more from Lewis! Get my New York Times Bestselling book, Make Money Easy! Get The Greatness Mindset audiobook on Spotify Text Lewis AI YouTube Instagram Website Tiktok Facebook X Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising. DISCLAIMER: Please note, this is an independent podcast episode not affiliated with, endorsed by, or produced in conjunction with the host podcast feed or any of its media entities. The views and opinions expressed in this episode are solely those of the creators and guests. For any concerns, please reach out to team@podroll.fm.
