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The Tai Lopez Show

Do You Understand The Language Of Money? 3 Things From "Money Changes Everything" Book-of-the-Day

The Tai Lopez Show

Tai Lopez

Business

4.86.9K Ratings

🗓️ 10 May 2016

⏱️ 6 minutes

🧾️ Download transcript

Summary

Do you understand the language of money? Everyone needs it, but not everyone understands it. I'm going to give you three things from today's Book-of-the-Day "Money Changes Everything" by William Goetzmann.Learn more about your ad choices. Visit megaphone.fm/adchoices

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Transcript

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0:00.0

Do you understand the language of money?

0:03.0

Money, everybody knows they need it in the modern world.

0:07.0

It's a necessity that you understand the game of finance.

0:10.0

That you understand how to manage your money.

0:12.0

And I thought I would house reading this book.

0:15.0

I'm in between shoots. I'm shooting a commercial.

0:18.0

Actually, Kobe Bryant is in this commercial.

0:21.0

He flew in on his helicopter.

0:24.0

Just jetted out a little bit ago.

0:26.0

And I got my next scene coming up.

0:28.0

So I was waiting.

0:31.0

I thought I would talk about this book.

0:33.0

Money changes everything.

0:35.0

House finance made civilization possible.

0:37.0

I'm going to give you three things.

0:39.0

You need to know about money right now.

0:41.0

And the first thing here that talks about is that

0:47.0

the reason modern finance with the banking system that you and I live with

0:52.0

is so important is it allows you to have things like mortgages.

0:56.0

And what is a mortgage really?

0:58.0

A mortgage is you getting a whole bunch of money up front.

1:02.0

So you want to go out and buy a house or a car loan.

...

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