The Difference in Thinking Between Poor and Rich People: On the Question "How to Stop Worrying About Money?"

Main subjects

AVAlexander VolchekMoney, anxiety, and financial thinkingFinancial anxietyKarma, free will, and causalityFreedomCause and effect

Main threads of the conversation

• 00:00Big and small money
• 01:17The strange paradox of choosing money
• 05:18The subjectivity of our perception of money
• 09:14Views of pensions in post-Soviet countries: should you worry?
• 10:50What should you do? The nature of money
• 12:04Investments that haven't been converted into cash
• 14:21The causes and effects behind your earnings
• 15:58What does big money prepare you for?
• 18:15An answer to the question of happiness
• 20:49A grounded (!) life here and now: come to your senses already :)
• 24:47An even stranger paradox of money
• 26:48Thinking: attracting money and uncertainty

Claims made here

Individual claims identified in the material: who said them, when, and what kind of thought they express. Each timestamp opens that point in the video.

• 00:50

  Their attitude toward money may be worse, and they may feel much worse, than the person earning five dollars.

  Alexander Volchekcomparison

• 02:31

  Having eighty million dollars in my account is also a problem, I'd say. First, I mustn't lose it.

  Alexander Volchekcause

• 07:59

  Maybe I live in California because my work is here and I earn fifty times more than they do.

  Alexander Volchekcausecomparison

• 09:46

  Or my sister will help me in retirement.

  Alexander Volchek

• 14:46

  This shows that money is a very relative word, parameter, judgment, and everyone experiences different inner states around it.

  Alexander Volchekdefinition

• 15:51

  If money comes only karmically, it will always lead a person into tragedy and a very difficult experience of having, living with, and being with that money.

  Alexander Volchekcause

• 16:53

  People often ask, “Do I need to be ready for that kind of money to come?” I wonder why you're asking.

  Alexander Volchek

• 24:49

  It's deception, elevating yourself before others: “I made a lot of money because I bring enormous benefit to the world.”

  Alexander Volchekcause

• 26:11

  Earn money and feel unhappy because we'll soon have to part with it, and we're afraid.

  Alexander Volchekcause

• 26:57

  You may say to yourself, “If I think this way, money won't come to me.”

  Alexander Volchek