In this thought-provoking episode, David and Jalen unpack the hidden costs of a scarcity mindset and why “being cheap” can actually set you back financially. They dive deep into the psychology of wealth, exploring how our environment, upbringing, and the language we use around money shape our financial identity.
From breaking generational money habits to practical strategies for improving credit, this episode offers both mindset shifts and actionable game. The hosts also challenge the idea that saving alone builds wealth—emphasizing the importance of self-investment, calculated risk-taking, and shifting from fear to abundance.
Key Topics
05:50 | Building a Strong Financial Identity Through Mindset
12:38 | How Your Environment Programs Your Financial Habits
22:13 | Rewiring Your Brain: Moving from Scarcity to Abundance
36:08 | Why Betting on Yourself Is the Best Investment
41:02 | The Long-Term Impact of Inherited Money Habits
48:55 | Credit 101: Simple Ways To Improve Your Score
1:04:49 | Final Reflections: Abundance, Growth & Breaking Cycles
✅ Tap in, leave a 5-star review ⭐️⭐️⭐️⭐️⭐️
🛡️ Get your free life insurance quote today – protect your legacy.
Keep Up With the Hosts
David Bellard
https://instagram.com/david_bellard
https://twitter.com/daviddagoliath_
Jalen Clark
Popular Podcasts
Bookmarked by Reese's Book Club
Welcome to Bookmarked by Reese’s Book Club — the podcast where great stories, bold women, and irresistible conversations collide! Hosted by award-winning journalist Danielle Robay, each week new episodes balance thoughtful literary insight with the fervor of buzzy book trends, pop culture and more. Bookmarked brings together celebrities, tastemakers, influencers and authors from Reese's Book Club and beyond to share stories that transcend the page. Pull up a chair. You’re not just listening — you’re part of the conversation.
On Purpose with Jay Shetty
I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com