{"podcast":{"title":"The Wealth Effect","slug":"the-wealth-effect-7275545","podcast_index_feed_id":7275545,"rss_url":"https://feeds.simplecast.com/6aIi57wF","website_url":"https://bleav.com/shows/the-wealth-effect/","image_url":"https://image.simplecastcdn.com/images/6215cda8-011d-4ccd-9fe8-c389912a62af/3c443f74-e2ca-4665-8a5b-d5417a8c7f57/3000x3000/wealth_effect.jpg?aid=rss_feed","author":"Green Moon","episode_count":82,"summary":"Listen to a millionaire and everyday people share their stories and insights. Every two weeks, I have guests on, and we discuss various financial topics and share stories, concepts, and ideas. Pocket Byte episodes are where I share ideas and concepts that I find interesting. This show is not financial advice.","last_synced_at":"2026-07-17T08:21:20.955607+00:00","page_url":"https://stenobird.com/podcast/the-wealth-effect-7275545"},"episode":{"title":"Why Financial Advice Doesn't Works | Pocket Byte #42","slug":"why-financial-advice-doesn-t-works-pocket-byte-42","published_at":"2026-02-07T01:09:04+00:00","page_url":"https://stenobird.com/podcast/the-wealth-effect-7275545/why-financial-advice-doesn-t-works-pocket-byte-42","show_page_url":"https://stenobird.com/podcast/the-wealth-effect-7275545","url":"https://bleav.com/shows/the-wealth-effect/episodes/why-financial-advice-doesnt-works-pocket-byte-42/","audio_url":"https://pscrb.fm/rss/p/mgln.ai/e/1385/injector.simplecastaudio.com/cb568271-6302-4893-99d0-bf7ae844beac/episodes/644e3b47-469b-4aba-a832-2dd4a2587ad8/audio/128/default.mp3?aid=rss_feed&awCollectionId=cb568271-6302-4893-99d0-bf7ae844beac&awEpisodeId=644e3b47-469b-4aba-a832-2dd4a2587ad8&feed=6aIi57wF","summary":"This episode examines why people often ignore even good, free financial advice, focusing on psychological reasons like present bias, social signaling, and sensitivity to criticism. The host shares personal stories of offering help and one person who followed the advice and gained life-changing results.It highlights the long-term cost of prioritizing immediate enjoyment over early investing and argues that accepting financial guidance requires humility but can lead to greater control, freedom, and options in life.","meta_description":"This episode examines why people often ignore even good, free financial advice, focusing on psychological reasons like present bias, social signaling, and…","key_points":[],"chapters":[],"topics":[],"duration_seconds":981,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/the-wealth-effect-7275545/episodes/why-financial-advice-doesn-t-works-pocket-byte-42/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/the-wealth-effect-7275545/why-financial-advice-doesn-t-works-pocket-byte-42.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}