In this episode of Keep Yours, we discuss ways you've been programmed to be a consumer .

In this episode:

• Exercise illustrating how we are programmed [1:15]

• How banks make money [5:30]

• When to switch banks [8:30]

• What a “run” on a bank means and your power as a consumer [12:00]

• Other psychological financial games [14:00]

• Importance of personal responsibility in order to thrive [17:00]

• Wealth is a relative concept [19:00]

• How this culture values wealth [21:00]

• Companies buy and sell your information to target marketing to you [24:00]

• Examples of targeted propaganda [30:00]

• Cost of convenience [33:00]

• Don’t buy what you don’t need [35:00]

• You’re not alone in not understanding capitalism [38:00]

• The system is set up against you [45:00]

• Why this is important [49:00]

• Statistics on consumer debt in the U.S. [52:00]

• Everyone is in line to take your money [57:00]

RESOURCES:

Wall Street Journal article “U.S. Economy Fuels Boom in Consumer Debt”