We’ve misunderstood the American Dream the whole time.
For many people, the American Dream has become synonymous with owning a home, earning more than your parents, and giving your children a better life. But that was never the real definition.
In this episode of Ditch the Suits, we take a step back to explore where the idea of the American Dream came from, how its meaning has changed over time, and why so many people now believe it’s out of reach.
We look at the stories we tell ourselves about success and happiness, and why those stories have a powerful influence on the financial decisions we make.
We also explore what the American Dream looks like today and why it’s not too late to achieve it.
Covered in this episode:
- 0:00 – Intro.
- 1:34 – Where the concept of the American Dream came from.
- 2:12 – What the American Dream was originally meant to be.
- 5:42 – Why the opportunity to achieve it still exists.
- 9:01 – Where lasting happiness really comes from.
- 9:58 – The cultural shift that’s changed our expectations.
- 11:33 – Why your starting point doesn’t have to determine your outcome.
- 14:10 – What really influences success.
- 18:03 – The key difference between people who achieve success and those who don’t.
- 20:16 – What the American Dream means today.
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Based on lessons learned during the 2008 Financial Crisis and extensive professional experience, Ditch the Suit’s was a response to the panic induced by the COVID-19 Financial Crisis, where a collision of social fear and financial volatility, fueled by the politicization of nearly every issue, seemed to tip the world upside down. With the goal to help people avoid making financially destructive decisions, co-hosts Travis Maus and Steve Campbell produced daily recordings on a wide range of topics, such as staying positive, understanding the financial impact of new legislation, how to take advantage of the stock market when it crashes, blocking out fear-mongering, etc. which eventually gave way to the creation of the Ditch the Suits Podcast.
Ditch the Suits has become more than a podcast – it’s become a movement. Travis and Steve share their experiences and industry insights in order to help you make one good financial decision after another.
Their listeners know they will hear things from us that no one else is willing to tell them!