Order your copy of The Let Them Theory 👉 👈 The #1 Best Selling Book of 2025 🔥 Discover how much power you truly have. It all begins with two simple words. Let Them.
—
This episode delivers the best financial advice you’ll ever hear.
It will teach you the 5 money habits that can change your life.
And it’s your guide to taking control of your money: how to make it, save it, and invest it no matter where you’re starting from.
Whether you’re trying to feel more confident with your finances, buried in debt, living paycheck-to-paycheck, or want to learn more about investing, this episode
will shift the way you think about money, and what to do with it, for good.
Mel is joined by Morgan Housel, the bestselling author of The Psychology of Money and one of the most trusted financial experts in the world. His insights have helped millions of people feel more in control of their money and now he’s sharing them with you.
Morgan breaks down:
-The #1 mistake that’s keeping you broke
-The 5 habits that will transform your financial life
-Why every dollar you spend comes down to two kinds of decisions
-How to stop letting comparison control your spending
-What to do every time you get paid
-How to build wealth even if you’re starting from zero
-The exact investment strategy that beats virtually every single money manager
Mel will also share her story of going from $800,000 in debt, with maxed-out credit cards, a lien on her house, and no idea how she’d make it out – to how she finally turned things around.
You’ll walk away with a smarter, more empowered approach to money.
This is simple, practical, and research-backed financial advice that works.
If you’re ready to stop feeling overwhelmed and start taking control of your money, this episode is where it begins.
For more resources related to today’s episode, click here for the podcast episode page:
Click here to get tickets to Mel’s live tour, Let Them Tour 2026:
Follow The Mel Robbins Podcast on Instagram:
I’m just your friend. I am not a licensed therapist, and this podcast is NOT intended as a substitute for the advice of a physician, professional coach, psychotherapist, or other qualified professional. Got it? Good. I’ll see you in the next episode.
In this episode:
00:00 Meet the Guest
07:16 You Can Get Good with Money
28:58 The #1 Thing that Will Keep You Broke
37:54 Every Dollar Comes Down to 2 Decisions
47:18 Morgan’s Top Investing Tips
59:30 The Difference Between Being Rich and Wealthy
01:07:49 The Importance of Saving
01:15:54 Enough is Better Than More
01:21:34 You Can Change Your Financial Story
—
Follow Mel:
Instagram:
TikTok:
Facebook:
LinkedIn:
Website:
—
Sign up for Mel’s newsletter:
A note from Mel to you, twice a week, sharing simple, practical ways to build the life you want.
—
Subscribe to Mel’s channel here:
—
Listen to The Mel Robbins Podcast 🎧 New episodes drop every Monday & Thursday!
—
Looking for Mel’s books on Amazon? Find them here:
The Let Them Theory:
The Let Them Theory Audiobook:
The High 5 Habit:
The 5 Second Rule:
source
Every dollar you save, is a comfort in your future!
Financial literacy should be taught in all high schools. They're starting to teach it in some schools, but I don't know how much they get into the psychological side.
I love the conversations and all the questions. Thank you.
To be rich is like making all the Colours of the cube to reset. Most ppl only get a few faces to each Colour.
I first started a savings acct. at 75 yrs. Old female on SS
Feedback: it would be great if you let the guess to finish the answer to the question you ask. Because when you interject then the answer is buried underneath of a lot of “unnecessary information “
Preach it!!!!!
What's QVC??
Beautiful
I live by the principle ‘enough is a decision’
I'm really surprised/proud to listen to this podcast and say "huh, I think im actually happy."
I live in a 23 year old rv and travel the country. Outside of that i have a tiny Amish built house one 1 acre of land.
And im not concerned with shaping my life around the opinions of others.
I appreciate the perspective shift.
She talks too much
Why tf does this sht have so many ads 💀
Powerful!!! Thank you Mel and Morgan!
He is so right ❤we all try to live a life we can’t afford. Until we hit rock bottom and realize we we are in debt.
This is so educational. Thank you, Mel. 😊
I have just had an attitude adjustment. Thank you.
What an Insightful conversation, my mind was literally blown away by Morgan's wisdom…..Thankyou Mel Podcast for bringing him on board.
Sadly coercive control tactics are much more sinister these days in relation to engineered poverty. #financialabuse
🎉🎉🎉
Great podcast, great interview. It's always a great pleasure listening to Morgan !!! 👍🙏💪🙌
Your best guest yet! More value in this YTube than any other to date. A big thank you, Mel and Morgan❤
I just subscribed to your YouTube channel, Mel. Thanks for the podcast!
Savings are saved for future expenses.
Do you just want to make sure we enjoyed the content or you want to make sure your income from these contents increase day by day?! I have already subscribed.
"I live paycheck to paycheck." *Almost everyone no matter how much they make.
His book has helped me a lot in reframing my financial understanding. I read the book in my 20s with no savings, now I have saved enough to live comfortably. i still don't own a lot of things and def not rich by society standards, but just looking at my bank account and thinking i can pay bills, take vacations, and have buffer for emergencies, is already fulfilling enough for me. Great content as always!
I think if you dont like your work its hard because you don want to work and this is the big problem in our lifes, the only way to be happy is without work and enjoy everything that you like (travel, good, buy a good car) and you find that saving money more that you can during the years , and at the end of the day if you buy business or use your money in a smartly way that gonna be the keys for be a success person
This was such a great interview! I'm hooked now!
By the way…Mel wore those awesome yellow Adidas for the 2025 doTERRA Shine Convention! 💛
Your mention of Steven Hawking is so true and it's so accurate. When I had a TBI back in 2014, it completely changed me and made me appreciate life moving forward.