How do you track your spending?
What’s the easiest way for you to save money?
Today, Jay welcomes back Codie Sanchez, entrepreneur, investor, and founder of Contrarian Thinking, to share the mindset shifts needed to thrive financially in today’s world. Codie explains why renting can sometimes be the smarter move, how to negotiate with confidence, and why mastering the language of money, from credit scores to strategic debt, is essential before you can build real wealth. Together, Jay and Codie debunk the myths of financial literacy, showing that clarity and confidence matter far more than complicated strategies.
This conversation takes an honest look at what it really takes to make money in a tough economy, whether that’s launching a side hustle without quitting your job or spotting opportunities that others overlook when markets are down. Codie highlights that building wealth isn’t about chasing trends or quick wins, but about making disciplined decisions, managing risk with intention, and turning problems into possibilities. Together, Jay and Codie also discuss how to grow within your career by understanding your true value, negotiating with confidence, and recognizing that profit and purpose don’t have to compete, they can align in practical, meaningful ways.
In this interview, you’ll learn:
How to Negotiate Your Rent and Save More
How to Use Credit the Right Way to Build Wealth
How to Start a Business With Little to No Money
How to Keep Your Job and Still Grow a Side Hustle
How to Turn Problems Into Profitable Opportunities
How to Talk About Money in Relationships
How to Invest Your First $1,000 Wisely
Growth doesn’t come from getting everything right, it comes from learning, experimenting, and treating challenges as opportunities. With curiosity and courage, even problems can become stepping stones forward.
With Love and Gratitude,
Jay Shetty
What We Discuss:
00:00 Intro
02:03 The Best Time to Build Wealth
05:26 Should People Own Homes Anymore?
06:21 Are You Financially Literate?
08:48 Simple Steps to Financial Freedom
12:54 How Much Money Do You Really Need to Start a Business?
15:57 The Three Qualities of a Great CEO
18:05 How to Increase Your Value as an Employee
21:01 The Path to Growth Inside a Company
25:05 The Truth About Hustle Culture
27:29 Passive Income: Real or Myth?
28:48 Why You Shouldn’t Turn Every Passion Into Profit
31:30 What Sets Top Performers Apart
35:10 The Fixer vs. The Freeloader Mindset
38:50 How to Choose the Right Leader to Learn From
40:42 The Power of Surrounding Yourself With the Right People
44:00 Setting Expectations That Lead to Success
48:52 The Lipstick Theory of Recessions
52:01 The Link Between Money and Dating
55:22 How to See Money as a Tool, Not a Goal
59:31 Who Should Really Pay on the First Date?
01:04:15 Understanding Negative Feminine Energy
01:07:49 Why Discussing a Prenup Can Strengthen Relationships
01:11:10 What Makes a Strong and Lasting Partnership
01:14:26 Should You Get Into Business With Your Partner?
01:18:52 What Makes a Deal Truly Great
01:22:52 Why Investing in Yourself Comes First
01:25:06 Investing 101: The Basics You Need to Know
01:26:44 Stocks vs. Bonds: What’s the Difference?
01:27:46 The Next Level of Investing Explained
01:30:39 The #1 Thing People Waste Money On
Episode Resources:
I disagree. Renting is a joke. Renting is expensive and they love to have a revolving door leaving the renters always having to move a lot. 😡
That was a good a movie!
What a profound conversation! Cody is amazing 😊
Building my credit
This is one of my favorite podcasts
Who is she 😂 tho ?
for me to get rich is watching them how the make this video then i'll do the same
Am single and my income ain't bad. 😂but am a teenager in an adult body . So reach out knowing
She’s right you have to create a good credit score by paying off credit cards on a regular basis…Once you have built great credit…pay off all credit cards & keep one in case of an emergency…also build a savings account that can last 4-6 months in case you are laid off from your job..❤ It doesn’t matter how much money you make..Only how much you SAVE…❤
Me watching this as someone who don't even earn a salary 💀
Unfortunately this is covered in bullcrap, and hopes and dreams and not realistic guidance.
I like the eps though.
Thank you
Do you have a girlfriend with almost the same perspective mind
I hear a lot rational thoughts and learned lessons
This is a credit card add and some of the worst advice ever 😂 many apartments are cheaper to buy than to rent and you can use the equity to buy more property and then you become the landlord. Absolute rubbish advice
You guys are amazing! ❤🎉
I like her voice
please someone take her mic away
🔥🔥🔥
I'm listening to this and wondering how this can help a low income earner like me. A health care assistant with barely enough to pay bills and survive. Anyone pls explain further
What
At the end of the day everything and anything you accomplish you will leave everything here for me money is to help people and make donations to kids animals and churches
For me a business partner is to work together and not built my business
I grew up with old fashion parents from italy my father worked and brought all the money to mom and she did everything we have a lot of respect for my Dad he is the man the house
I would not wants a man equally like me he needs to be the man and I be the woman
I agree with you 100 percent I would of loved to have a business partner to work with
be honest goes long way
Thats what i did I made the company a lot of money and when I asked for a raise I got it I was very successful I was # 1 in sales in the car industry I was the best
wrong I own my own business because I had money saved the bank would not give me a loan for half of million