Do you ever feel like no matter what you do there's never enough? Never enough time. Never enough stuff. And especially never enough money. If you said yes, you're not alone. For most of us humans, we're stuck in a scarcity loop without knowing how we got there or how to get out. Luckily, there is a way out, and New York Times bestselling author of Scarcity Brain, Michael Easter, is on the show to talk all about it.
For your reference, the scarcity loop is: Opportunity -> Unpredictable Reward -> Quick Repeatability. Once you understand this, you can start seeing how it appears in all aspects of your life and how it can especially impact your financial present and future. But as Michael shares in his book, although scarcity helped our ancestors survive in a world where there wasn't enough, it's actually hurting us in this new world of abundance. The only way to combat this is to become aware of our triggers and behaviours and reevaluate what success and fulfillment mean outside of consumerism.
This episode of the More Money Podcast is presented by The Globe and Mail). Visit TGAM.ca/Jessica) to get unrestricted access to globeandmail.com for only $1.99/week for 52 weeks (plus tax).
For full episode show notes visit jessicamoorhouse.com/392)
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