The Truth About Becoming Wealthy & The Hidden Damage of Our Digital Life
5/14/202650 min
Most credit cards have that little 3- or 4-digit security code you constantly get asked for when shopping online. It can feel like a nuisance—but that tiny number plays a surprisingly important role in reducing fraud in a very simple and effective way. https://www.chase.com/personal/credit-cards/education/basics/why-do-some-sites-not-require-cvv We tend to think of financial advice as timeless: buy a house, invest for the long term, diversify your portfolio, put your money in index funds. But history tells a much messier story. There were periods when stocks performed terribly, when home ownership was a bad investment, and when other “sensible” advice turned out to be disastrously wrong. Joseph Moore, historian, investor, and author of How to Get Rich in American History: 300 Years of Financial Advice That Worked (& Didn’t) (https://amzn.to/4uDCdrv), explains how financial “wisdom” changes over time, why so much money advice is shaped by the era we happen to live in, and what history can teach us about building wealth today. We’ve all heard the warnings about sitting too much and spending too much time staring at screens. But modern life practically demands it. Hours at a desk, then more hours scrolling, streaming, emailing, and checking notifications. The problem is, researchers are beginning to discover that this screen-heavy lifestyle may quietly affect far more than we realize—from energy and sleep to mood, focus, and long-term health. Manoush Zomorodi, award-winning journalist, host of NPR’s TED Radio Hour, and author of Body Electric: The Hidden Health Costs of the Digital Age and New Science to Reclaim Your Well-Being (https://amzn.to/3PraStx), shares what science is uncovering about the physical and mental toll of modern digital life—and why small, surprisingly simple changes may make a meaningful difference. Revenge can feel incredibly satisfying—at least in your imagination. But what happens after you actually get even with someone? Does revenge deliver the relief and closure people expect, or does it create something else entirely? https://www.psychologytoday.com/us/blog/if-love-could-kill/202506/revenge-from-grievance-to-grief PLEASE SUPPORT OUR SPONSORS AQUA TRU: Take the guesswork out of pure, great-tasting water. Head to https://AquaTru.com now and get 20% off your purifier using promo code SYSK. AquaTru even comes with a 30-day best-tasting water guarantee or your money back. RULA: This Mental Health Awareness Month, don’t just think about your mental health - actually take the step to take care of it. Visit https://Rula.com/sysk to get started. QUINCE: Refresh your everyday with luxury you will actual use! Go to https://Quince.com/sysk for free shipping on your order and 365-day returns. Now available in Canada, too! SHOPIFY: It's time to turn those "what ifs" into CHA CHING with Shopify Today! Sign up for your $1 per month trail and start selling today at https://Shopify.com/sysk Learn more about your ad choices. Visit megaphone.fm/adchoices
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First 90 secondsSpeaker 00:00
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Mike Carruthers· Host0:52
[upbeat music] Today on Something You Should Know, the surprising importance of that three-digit security code on your credit card. Then, the truths and myths of financial advice, stocks, crypto, real estate.
Joseph Moore· Guest1:10
Yeah, there's three myths about real estate that you could find over and over again. It always goes up, investing in it is passive, and this is how the really wealthy did it. Um, no, it doesn't, no, it isn't, and no, they didn't.
Mike Carruthers· Host1:22
Also, revenge, getting even. Does it really feel as good as you think it will? And you've heard that