Welcome back to The Wealth Effect. In today’s episode, we dig into a question that challenges the way most people think about wealth: What is the real value of your money?

It’s not how much you have. It’s what that money can do.

This episode is about purchasing power, the true measure of financial strength. From inflation to lifestyle creep, from salary illusions to global cost-of-living differences, we explore why your money today might be worth less than you think… and what you can do about it.

You’ll learn:

• Why inflation erodes wealth—even in a growing bank account
• How to think in real dollars, not just nominal ones
• Why investments, not savings, are essential to preserve value
• How lifestyle inflation quietly traps the middle class
• What digital currencies and global mobility mean for your future

If you want to protect your standard of living, your future retirement, and your financial freedom, this is the episode for you.

In this episode of The Wealth Effect, We unpack one of the most misunderstood financial tools in modern life: the credit card. Are they a trap designed to exploit human psychology?

From the invention of the Diners Club in 1950 to today’s tap-and-pay digital wallets, we explore the evolution, psychology, and hidden costs behind credit card usage. You’ll learn how interest rates, minimum payments, and social comparison can quietly sabotage your wealth—and how to flip the script with discipline, awareness, and strategy.

Whether you're a seasoned cardholder or just getting started, this is a financial reality check you can’t afford to miss.

Day trading is sold as the modern path to wealth, fast money, freedom, and financial independence, all from your laptop. But behind the flashy screenshots and influencer hype lies a hard truth: most day traders lose. In this episode of The Wealth Effect, the dream turns into a nightmare for the vast majority.

We explore the psychology behind the rush, the sobering statistics no one shares, the hidden costs, emotional, financial, and mental, and why most "trading gurus" profit more from selling hope than stocks. You'll hear about survivorship bias, the rise of machines, and the brutal reality of competing against algorithms in milliseconds.

Is day trading worth it? For 95% of people, the answer is no.

This episode is a must-listen for anyone tempted by the allure of quick gains and a cautionary tale for those chasing freedom through fast trades.