In Episode 7 of The Luxury Prescription Show, Dr. Vinay Chopra and Jason Feder unpack the psychology of money, how to build real wealth, and what financial success actually looks like. From fear and greed in the markets to high earners still living paycheck to paycheck, this episode examines why making more money does not always mean building wealth.

Dr. Chopra and Jason discuss the value of financial discipline, working with a wealth adviser, staying calm during market volatility, and the importance of starting early. They also explore the intersection of wealth and passion through car collecting, luxury assets, fine wine, tequila, and watches.

The conversation ultimately asks a bigger question: is true wealth about having more money, or having more time? Dr. Chopra and Jason break down why building a strong financial foundation can give you the freedom to enjoy the things you worked for.

In this episode:
- The psychology of money, fear, and greed
- Why high income does not always mean financial security
- The value of a wealth adviser
- Cars, watches, wine, and luxury assets
- Why time may be the ultimate measure of wealth
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GUEST

Jason Feder
Managing Director - Wealth Management, UBS

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CHAPTERS

00:10 Meet Jason Feder
03:40 The Psychology of Money and the Chauffeur Metaphor
07:50 Staying Calm in Volatile Markets
12:00 When a Wealth Advisor Adds Value
14:53 Market Themes and Intergenerational Wealth
26:31 Car Collecting and Luxury Assets
32:22 Fine Wine and Tequila
44:50 Watch Brands and Collecting Habits
46:25 Redefining Success: Time vs. Money
48:59 Why Starting Early Matters

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