Episode

The Real Reason You're Broke (It Has Nothing to Do With Lattes) | Mrs. Dow Jones

Podcast
The School of Greatness
Published
May 13, 2026
Duration seconds
4349
Processing state
not_requested
Canonical source
https://lewishowes.com/1927
Audio
https://dts.podtrac.com/redirect.mp3/pdrl.fm/f65f0c/stitcher.simplecastaudio.com/094bed00-1a31-479a-bd9b-f5e1438a4844/episodes/fe512f9d-fed0-4ec5-97e3-b56d6c30a4dd/audio/128/default.mp3?aid=rss_feed&awCollectionId=094bed00-1a31-479a-bd9b-f5e1438a4844&awEpisodeId=fe512f9d-fed0-4ec5-97e3-b56d6c30a4dd&feed=AAvup9Zz
JSON
/v1/public/podcasts/the-school-of-greatness-745252/episodes/the-real-reason-you-re-broke-it-has-nothing-to-do-with-lattes-mrs-dow-jones
Markdown
/podcast/the-school-of-greatness-745252/the-real-reason-you-re-broke-it-has-nothing-to-do-with-lattes-mrs-dow-jones.md

Actions

  • POST https://stenobird.com/v1/public/podcasts/the-school-of-greatness-745252/episodes/the-real-reason-you-re-broke-it-has-nothing-to-do-with-lattes-mrs-dow-jones/transcription-requests
    Idempotently request low-priority transcript generation for this episode.
  • GET https://stenobird.com/podcast/the-school-of-greatness-745252/the-real-reason-you-re-broke-it-has-nothing-to-do-with-lattes-mrs-dow-jones.md
    Read the agent-friendly Markdown representation of this episode resource.

Summary

Financial educator and author Haley Sacks, known as Mrs. Dow Jones and called the financial guru millennials listen to by The Wall Street Journal, joins Lewis Howes to discuss her book Future Rich Person: The New Rules for Building Wealth. This episode covers Sacks' three rules for building wealth (money mindset, action money, and securing the bag), her IBIZA money mindset program (Identify, Blame, Interrupt, Z, Action), the concept of learned financial helplessness, value-based spending, frictionless finance, compound interest and index fund investing, and the psychology behind why people look rich instead of building real wealth.