Why Everyone Is Drowning In Debt (and how to get out) - Caleb Hammer - #1123
Modern Wisdom
07/13/26
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Caleb Hammer is a personal finance YouTuber.
Are we in a financial crisis or spending our way into one? Rising prices, growing debt, and shrinking savings are putting every generation under pressure. But what’s really to blame? A broken economy, bad money habits, or both? The answer could determine whether we’re headed for disaster, or still have time to turn things around.
Expect to learn if it is actually harder to make an manage money than ever before, what the hidden costs of bankruptcy are that nobody wants to talk about, why Gen Z is in more debt than any other generation, if most financial problems are psychological in nature, if lifestyle inflation has become a bigger problem than inflation itself, what the biggest financial red flags are when dating and much more...
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Timestamps:
(00:00) Does Caleb Really Get Death Threats? (05:44) Does Gen Z Actually Have It Harder Financially? (18:02) The Hidden Costs of Bankruptcy (21:03) Why People Fall Into Debt (24:13) The Personality Traits Behind Financial Success (25:36) How Debt Impacts Your Identity (27:28) The Trap of Lifestyle Inflation (36:14) The Best Way to Handle Anxious Guests (39:23) Knowledge vs Discomfort: What Makes the Biggest Impact? (44:26) Why Behaviour Is the Real Fix for Money Problems (49:24) What Financial Milestone Makes People Happiest? (52:14) UK vs US: Who’s Better Off Financially? (01:07:36) What Real Financial Education Should Look Like (01:16:38) The Dangerous Consequences of the Gender Wars (01:21:32) The Economic Risks of a Declining Population (01:26:37) Should a Trillionaire Exist? (01:31:37) The Biggest Financial Red Flags in Dating (01:34:19) How Money Problems End Relationships (01:36:53) How Mental Health Shapes Spending Habits (01:40:19) The Dumb Purchases That Make People Broke (01:42:40) How Damaging Is Financial Over-Optimisation? (01:44:56) Is Property Still a Smart Investment? (01:53:43) Is Raising Kids Cheaper Than You Think? (01:55:53) Where to Find Caleb
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#577 - David Goggins - This Is How To Master Your Life: lnkfi.re/SN-Goggins
#712 - Dr Jordan Peterson - How To Destroy Your Negative Beliefs: lnkfi.re/SN-Peterson
#700 - Dr Andrew Huberman - The Secret Tools To Hack Your Brain: lnkfi.re/SN-Huberman
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Robert Wright is a journalist and author.
Is AI the next stage of human development? Some see it as another tool, while others view human-machine integration as a major shift in how we develop. What do recent advances in AI tell us, and is evolution the right framework for understanding them?
Expect to learn why Robert is interested in AI through an evolutionary lens, why most people still don’t grasp the magnitude of what’s coming, how AI will fit into the broader context of human evolution and civilisation, what the most legitimate concerns from the AI doomer camp are, if we are close to hitting the singularity, and much more...
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Extra Stuff:
Get my free reading list of 100 books to read before you die: https://chriswillx.com/books
Try my productivity energy drink Neutonic: https://neutonic.com/modernwisdom
Episodes You Might Enjoy:
#577 - David Goggins - This Is How To Master Your Life: lnkfi.re/SN-Goggins
#712 - Dr Jordan Peterson - How To Destroy Your Negative Beliefs: lnkfi.re/SN-Peterson
#700 - Dr Andrew Huberman - The Secret Tools To Hack Your Brain: lnkfi.re/SN-Huberman
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Get In Touch:
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Email: https://chriswillx.com/contact
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Next Episode
George Mack is a writer, marketer and entrepreneur.
What are the most important questions of our time? Some search for the meaning of life. Others wonder how to leverage California’s gay subsidy. Both are equally valid, but one is definitely more interesting. So what are today’s biggest questions, and do any of the answers actually matter?
Expect to learn if AI-generated stories can win awards, what qualifies for California’s gay certification program, who the chicken farmer who fooled Hitler was, why men aren’t great at receiving and expressing their emotions, why George is obsessed with Gymshark’s finances, the best lessons Chris and George have learned from this past year and much more...
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Timestamps:
(00:00) Who Is Cristiano Ronaldo Named After? (03:13) Is This the Worst Walkout Song? (07:41) Should AI Be Winning Writing Awards? (12:46) Beckham vs Pitt: Who Do Women Prefer? (17:43) Do Trends in the East Always Translate to the West? (27:24) The Truth Behind California’s “Gay Certification” (32:02) How a Chicken Farmer Defeated Hitler (38:52) Is This the Greatest Civilian Hero Story? (45:37) Why We Experience Survivor’s Guilt (55:53) Are Men Homophobic or Femmephobic? (01:04:05) Why Cash Flow Cycles Matter More Than You Think (01:09:27) The Life Lessons You Come Back to Most (01:22:08) Where to Find George
Extra Stuff:
Get my free reading list of 100 books to read before you die: https://chriswillx.com/books
Try my productivity energy drink Neutonic: https://neutonic.com/modernwisdom
Episodes You Might Enjoy:
#577 - David Goggins - This Is How To Master Your Life: lnkfi.re/SN-Goggins
#712 - Dr Jordan Peterson - How To Destroy Your Negative Beliefs: lnkfi.re/SN-Peterson
#700 - Dr Andrew Huberman - The Secret Tools To Hack Your Brain: lnkfi.re/SN-Huberman
-
Get In Touch:
Instagram: https://www.instagram.com/chriswillx
Twitter: https://www.twitter.com/chriswillx
YouTube: https://www.youtube.com/modernwisdompodcast
Email: https://chriswillx.com/contact
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