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Nick Steinhauer
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Sep 28, 2026
Ep 164 - Economic Update
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14:21Paul GeorgeHOST
Do you guys see the lack of foresight into the future of saying, I'll never be able to save enough money?
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14:29Nick SteinhauerGUEST
I think I'm, I'm starting to see it now that we've, our kids are starting to get a little older.
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14:36Nick SteinhauerGUEST
So she's, you know, going to school, has a couple of jobs and we are starting to see from, from the parent side of things that what you just talked about, is it easier? Like I got to fight her tooth and nail to get her away from the seven brews and the Starbucks and the, you know, all these like different drink things that she goes to.
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15:01Nick SteinhauerGUEST
And so I don't know how to train this into our kids, but even the greater community, as in patience and waiting and hoping that if you just save for a little bit longer and you delay that gratification just a little bit, You can have a meaningful amount of really, really nice things and generate wealth for yourself over time versus buying those small little flits of happiness and joy that go away as soon as you bought the thing.
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15:33Nick SteinhauerGUEST
And I think that's what we're struggling with right now as parents, but how we convince a society to do that, I don't know how that plays out.
30 MINS LATER