CO-HOST | Make Money by Creating Value and Redefining Wealth

Summary

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Podcast Summary: Travis Makes Money

Episode: CO-HOST | Make Money by Creating Value and Redefining Wealth
Host: Travis Chappell
Co-Host/Producer: Oscar
Date: March 11, 2026

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Main Theme

This episode explores the idea that real wealth is rooted in the value you create, your personal growth, and the relationships you foster—not just in how much money you make. Travis and Oscar use a fun Oscars season framing, reading and reacting to famous actors’ quotes about money, wealth, and fulfillment. Their candid banter mixes practical financial wisdom, cultural commentary, humor, and inspiring stories about redefining wealth in everyday life.

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Key Discussion Points & Insights

1. Oscars Season and Personal Interests

• The show opens with Oscar excited for Oscars season and discussing accountability in watching nominated films (01:16–02:44).
• Oscar recommends “Train Dreams,” a period film he describes as “a real-life version of Soul” (01:44).

2. Actors’ Quotes About Money & Wealth

• Oscar quizzes Travis with notable money quotes from celebrities, sparking deep commentary about financial principles.

• “Too many people spend money they haven’t earned to buy things they don’t want to impress people they don’t like.”
  — Will Smith.
  Travis: “Very much agree… that is basically the foundation of consumerism and debt, which is what’s driving most people’s financial problems.” (04:28–04:39)

• “The ultimate sign of wealth is how much free time you have.”
  — Kevin Bacon.
  Travis: “That’s what money allows you to do… some people have monetary wealth, but they’re also trapped by golden handcuffs.” (05:01–06:18)

• Jim Carrey’s Reflection on Fame & Fulfillment (audio clip):
  Carrey: “I wish people could realize all their dreams and wealth and fame… so they could see that it’s not where you’re going to find your sense of completion.” (06:41–07:20) Travis: “No amount of accomplishment or achievement is going to fill whatever void you’re trying to fill inside of you. That’s a piece of the puzzle you should put on some form of a priority list along the way rather than punting it.” (07:32–08:38)

• “Money doesn’t buy you happiness, but it does buy you a yacht big enough to sail right up to it.”
  — Johnny Depp.
  Travis: “I like that. That’s a good quote.” (08:38–08:46)

• “Money is a measure of the value you create for others.”
  — Matthew McConaughey (guessed by Travis).
  Travis: “That is the foundational principle that we teach on the show… if you become a more valuable person, you will tend to get paid a lot more money.” (10:04–11:46)

• "At the end of the day, it’s not about what you have or even what you’ve accomplished. It’s about who you’ve lifted up.”
  — Denzel Washington
  Discussion leads to Denzel's actual generosity and a Chadwick Boseman's tribute:
  “There is no Black Panther without Denzel Washington… An offering from a sage and a king is more than silver and gold. It is a seed of hope, a bud of faith.” (14:13–16:24) Travis on relationships: “Relationships are ultimately the most valuable thing that we have in this life… your who-you-know will always have a greater impact on the things that you’re able to create in the world.” (12:23–13:05)

3. Questioning Conventional Advice

• “If you don’t save 10% of your income, you’re an idiot.”
  — Mark Wahlberg
  Travis: “I’m going to just take a contrarian stance here. I’m going to say no, I don’t agree.”
  He argues you should invest, not just save, because saving alone loses value to inflation. “Saving doesn’t really do much for you over a long time period… it should be invested.” (17:13–18:24)

• “The best investment you can make is in yourself.”
  — Chris Pratt
  Travis: “Hard, hard agree… The only investment that always pays dividends is an investment into yourself.” (18:37–19:02)

• “I’d rather invest in people than stocks.”
  — Ryan Reynolds
  Travis: “If you’re a business owner, that’s an obvious yes… It’s rarely the initial idea that is the thing that takes off; it’s probably some sort of pivot along the way, and that’s only found if you have the right people who are steering the ship.” (20:03–21:03)

4. Limiting the Power of Money

• “Money doesn’t make you happy. I now have $50 million, but I was just as happy when I had 50k.”
  — Arnold Schwarzenegger
  Travis: “There’s no direct correlation between how much money you make and what makes a good life… Your internal subjective well-being will probably not change to a significant degree depending on the amount of money that you are or are not making.” (21:25–23:42)

• Travis emphasizes: “If money is neutral and you can be happy or depressed whether you’re broke or wealthy… then yeah, I’d rather have a lot of money if I’m going to choose one of those two things.” (23:42–23:54)

5. Community, Culture & Humor

• Denzel Washington’s legacy is discussed with warmth, featuring Boseman’s story of Denzel’s charitable support for young actors.
• The episode closes with lighthearted banter about celebrity impressions and the current comedy scene, referencing Will Sasso and Pete Holmes (24:03–27:15).

6. Final Takeaways

• Travis’ closing wisdom:
  “Remember, money only solves your money problems, but it’s easier to solve the rest of your problems with money in the bank. So let’s solve that one first here on the Travis Makes Money podcast.” (28:22–28:31)

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Notable Quotes & Moments

• On Consumerism:
  “Too many people spend money they haven’t earned to buy things they don’t want to impress people they don’t like.”
  — Will Smith, discussed at 04:28

• On True Wealth:
  “The ultimate sign of wealth is how much free time you have.”
  — Kevin Bacon, discussed at 04:55

• On Fulfillment:
  “There is nothing bigger than myself… My soul is not contained within the limits of my body. My body is contained within the limitlessness of my soul.”
  — Jim Carrey, audio 06:41–07:20

• On Relationships & Lifting Others:
  “At the end of the day, it’s not about what you have or even what you’ve accomplished. It’s about who you’ve lifted up.”
  — Denzel Washington, quoted at 11:46–12:23
  Chadwick Boseman’s tribute: “There is no Black Panther without Denzel Washington.” (14:13–16:24)

• On Value Creation:
  “Money is a measure of the value you create for others.”
  — Matthew McConaughey, quoted at 10:04

• On Investing in Self:
  “The only investment that always pays dividends is an investment into yourself.”
  — Travis, agreeing with Chris Pratt, 18:55–19:02

• On Money and Happiness:
  “Money doesn’t make you happy. I now have $50 million, but I was just as happy when I had 50k.”
  — Arnold Schwarzenegger, quoted at 21:25

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Timestamps for Important Segments

• 01:16 — Oscars season banter, movie recommendations
• 04:28 — Will Smith on consumerism, Travis’s take
• 05:01 — Kevin Bacon on time as wealth, lifestyle creep
• 06:41 — Jim Carrey on fame and fulfillment (audio)
• 07:32 — Travis expands on fulfillment and not punting internal work
• 10:04 — Matthew McConaughey on value; Travis explains value creation
• 11:46 — Denzel Washington on lifting others; relationships’ importance
• 14:13 — Chadwick Boseman’s tribute to Denzel (audio)
• 17:13 — Mark Wahlberg on saving vs. investing
• 18:37 — Chris Pratt and Travis on self-investment
• 20:03 — Ryan Reynolds on investing in people
• 21:25 — Arnold Schwarzenegger on money and happiness
• 23:42 — Travis summarizes happiness vs. money
• 28:22 — Travis’s final takeaway

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Tone & Language

Friendly, conversational, humorous, and practical. Travis focuses on actionable wisdom, mindset shifts, and demystifying wealth, while Oscar adds witty banter and cultural commentary.

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Summary Takeaway

The episode unpacks cultural and personal myths about money using the voices of celebrities. Travis and Oscar reveal that true wealth isn’t about dollars—it’s about the value you create, the lives you touch, and the time you reclaim. Invest in yourself, nurture relationships, seek fulfillment beyond dollars, and let money be a tool for a richer life.

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Transcript

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[Travis]

You're listening to the Travis Makes Money podcast presented by GoHighLevel.com for a free 30 day trial of the best all in one digital marketing software tool on the planet, just go to gohighlevel.com travis. What's going on, everybody? Welcome back to the Travis Makes Money podcast, where it's our mission to help you make more money. Today on the show. My producer is in studio. What's up, man?

[Producer Oscar]

It's Oscar season.

[Travis]

Is it?

[Producer Oscar]

It is. I'm so excited. I'm already. I'm already ready to go.

[Travis]

I saw YouTube has this, like, Oscars program or something that you can enroll in to comment on the Oscars and you have a better chance of getting on the homepage.

[Producer Oscar]

I don't want too much pressure. I just want to watch.

[Travis]

You think so?

[Producer Oscar]

Yeah. Okay. I love the Oscar. I'm very excited. Conan's back. He's hosting again. Y very excited.

[Travis]

Let's just make him the permanent host.

[Producer Oscar]

And I don't think I've ever watched as many of the entries as I have this year.

[Travis]

Really.

[Producer Oscar]

I've been very and shout out to my wife because she's kept me accountable, too, because, like, like you accountable to watching movies that are, like, when we sit down and watch that, I'll be like, oh, I just want to rewatch this thing. And she, like you said you're watching through the Oscars, so, like, I'm not doing more. It's just literally you're watching this, which, by the way, I think you would really like the movie Train Dreams. You should definitely watch that. Yeah.

[Travis]

Okay.

[Producer Oscar]

It's about a. A guy in the late 1900s. Oh, I thought you were. I shouldn't have dressed it. I was very. Yeah, you muted your cough. I did mute my cough, so imagine. Anyway, but it's. It's about a guy, and it's right at the turn of the century. And so he's a lumberjack who's helping Work with, like, the railroad and things like that. And then he kind of almost like the period of, like, Little House on the Prairie, how she was like, in this kind of frontier world, and then she saw people laying on the moon. It was like that time frame, which I think is a fascinating time to be alive as a human. But it's just a really powerful movie about, like, what your life is and how every moment, good and bad, kind of weaves together to build this, like, beautiful thing. It's. It's very good. It was like. It was like a real life version of Soul.

[Travis]

And it's up for pride.

[Producer Oscar]

Less. Yeah, it's. Yeah. Best Cinematography, Best Feature, Best Screenplay.

[Travis]

Wow.

[Producer Oscar]

I think there's a best performance in there as well, but. Yeah. Yeah, I think you would like it.

[Travis]

Okay.

[Producer Oscar]

It's. It's very good. All that to say. I have some quotes from actors about money. Okay. And I want to see what you think about what these act. You know what they say about actors, like, stick to acting, pal. Yeah. We don't want to hear your take on money and politics and. And life.

[Travis]

Yeah. Just be an actor.

[Producer Oscar]

Just play a character, huh? You're just playing pretend. That's what people always say about them. I always think it's funny because arguably everybody that says actors need to shut up and stay in their lane. Actors have way more reason to have a platform to share stuff than, like, the guy commenting on Facebook that they should shut their app.

[Travis]

Probably. You know, basically, I just hate when anybody tells anybody what they should use their platform for. It's like, use your platform however you want to use your platform.

[Producer Oscar]

I was. I was just talking to somebody about this. I was doing an interview the other day, and I said, there's a guy I followed. He's a former fundamentalist Baptist. And he said, quit saying that. Anybody who is in a strict religion is fundamentalist. Fundamentalism is people that affirm the fundamentals as laid out in the early 1900s, blah, blah, blah, and which I disagree with. I think things become colloquialisms for a reason. But my guest said he's being very fundamentalist about what you can call fundamentalism. Anyway, all that to say these actors have some thoughts on money. Let's get whether you agree or disagree. As always, I'm not going to say who it is until after the quote's done, so there's no bias. You know, if Sydney Sweeney said it, I don't want you to say agree hard, agree. I want to just say that. I just want to say the quote and I want you to be unbiased. Okay. Okay. Too many people spend money that they haven't earned to buy things they don't want to impress people they don't like. A lot of people have said this, but this guy said this as well.

[Travis]

Very much agree with that. That is basically the foundation of consumerism and debt, which is what's driving most people's financial problems. Definitely agree with that.

[Producer Oscar]

Would you see that quote slaps that quote?

[Travis]

Oh, was that Will Smith?

[Producer Oscar]

It was Will Smith.

[Travis]

No, it does slap in two ways. Okay, let's see, two things.

[Producer Oscar]

Let's see if this next quote is cooking.

[Travis]

Okay. The ultimate Dwayne the Rock Johnson.

[Producer Oscar]

No, the ultimate sign of wealth is how much free time you have.

[Travis]

Yeah, I agree with that. I agree with that.

[Producer Oscar]

But you said it, like. Yeah, you said like.

[Travis]

Yeah, I didn't think about it for a second. But I do agree with that. Because ultimately, that's what we want is just. Is the ability to do what we want when we want, with who we want. That's what money allows you to do. And it's because some people have quote, unquote wealth in terms of monetary value in their bank account or their net worth, but they're also trapped by some form of golden handcuffs that keeps them in this, you know, grinding mentality for the rest of their lives. It's like, if you love doing what you do, then maybe that's a great scenario for you because you would use your time to do that thing anyway. But some of it is they get trapped by the first quote, which is that it's just that their lifestyle creep is so much greater. Like, it doesn't compute to us normal people. You know what I mean? Like, when you hear somebody spending six figures a month on wine or something like that, it just is like, wait, what? How is that. That doesn't make any sense. But there's some. There's a lot of people that make great income, but they still don't have a lot of money and still have. They're still chained by their. Their quote, unquote job because. Because they have to stay on the treadmill of continuing to make money so they can continue to pay their lifestyle expenses to buy a bunch of stuff to impress people that they don't even really care about and that don't care about them. So, yeah, I would overall agree with that.

[Producer Oscar]

All right, this next one said.

[Travis]

Who said that?

[Producer Oscar]

That is Kevin Bacon. Sizzling. I should have said sizzling.

[Travis]

Yeah. I immediately went Dwayne the Rock Johnson, because you said Cooking.

[Producer Oscar]

Yeah, I know I messed up. I messed up there. All right, this next one's an audio clip. Let me know if you agree with this take. I know you've seen this before. It's muted. Can you. Is it. Why is it muted? Oh, okay. There we go.

[Jim Carrey (audio clip)]

I wish people could realize all their dreams and wealth and fame and so that they could see that it's not where you're going to find your sense of completion. Like many of you, I was concerned about going out into the world and doing something bigger than myself until someone smarter than myself made me realize that there is nothing bigger than myself.

[Travis]

This is like commencement speech.

[Jim Carrey (audio clip)]

My soul is not contained within the limits of my body. My body is contained within the limitlessness of my soul. I wish.

[Producer Oscar]

And. And then. That's Jim Carrey.

[Travis]

Yeah, Jim Carrey got some good stuff.

[Producer Oscar]

But he's also said another variation of this that says, I think everybody should get rich and fam and do everything they ever dreamed of so they can see it's not the answer. What's your. What's your thought on that?

[Travis]

Agree. Hard agree. And basically just through the lens of me having the privilege of talking to a bunch of people who've been in that position, by and large, that is the advice that they all give, which is that there's no amount of accomplishment or achievement that's going to fill whatever void you're trying to fill inside of you. Like, it's a job that you're going to have to do regardless of you have a bunch of money and fame or if you're doing it dead broke and nobody knows who you are. So that's a piece that you should. A piece of the puzzle that you should probably, you know, put on some form of a priority list along the way rather than punting it. It's just easy to punt it. You know, it's easy to punt it when you're on the journey because you're just like, I don't have time to think about whatever happiness or fulfillment or family or relationships. I don't have time to think about all that stuff because I'm trying to go make a name for myself. I'm trying to go accomplish xyz. So I just don't have time to think about that right now. And it's like, well, if you could just continue punting that, then you could. If you're not care, wake up all of a sudden you're 75, 85, 95 years old, and that's all you ever did. And that's probably Not a life well lived either.

[Producer Oscar]

Money doesn't buy you happiness, but it does buy you a yacht big enough to sail right up to it.

[Travis]

I like that. That's a good quote. Who's that?

[Producer Oscar]

You agree?

[Travis]

Yeah, I agree.

[Producer Oscar]

I'll give you a hint of who this was.

[Travis]

Okay.

[Producer Oscar]

His yacht is a ship, not a boat. This feels like. That felt like a Jeopardy moment.

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[Travis]

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[Travis]

Like, that is huge.

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[Travis]

It's causing issues in everyone's marriage.

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[Travis]

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[Travis]

Who is Johnny Depp?

[Producer Oscar]

Yeah, that's correct.

[Travis]

Is it really?

[Producer Oscar]

Yep.

[Travis]

Yeah. Yes.

[Producer Oscar]

Okay, here's.

[Travis]

But it's such a pretty boat.

[Producer Oscar]

Here's another one. You ready?

[Travis]

Yep.

[Producer Oscar]

Here's another one. Money is a measure of the value you create for others.

[Travis]

Absolutely. Yeah. Hands down. Who's that?

[Producer Oscar]

Who do you think? I'll give you a hint.

[Travis]

Okay, I need a hint.

[Producer Oscar]

Yeah, I'll give you a hint. Do you think that quote was. All right, all right, all right.

[Travis]

Matthew McConaughey. He's got some good stuff, too, man. I like.

[Producer Oscar]

We gotta play catchphrase sometime. I keep telling you, you. We would kill it at the local catchphrase league.

[Travis]

Local catchphrase Turney. BDubs across the street. Yeah, that. That's a. That is the foundational principle that we teach here on the show, which is that all. If you hope to make more money, you have to learn how to create more value. And ultimately, that. That means you have to become a better version of yourself. That is the entire crux of both of both of my shows, all my podcast, everything I've ever done is basically, how do you make yourself become a better person? Because over time, if you become a more valuable person, you will tend to get paid a lot more money. You have more value to offer to the world, and that's all you get paid for. You don't get paid for the time that you show up to work. You get paid for the value that you give to the organization. So some people, that means that they get paid minimum wage to show up and flip burgers. But some people, that means they could spend 30 minutes of their time on a zoom call consulting a company and get paid $5 million for it. You know what I mean? Like, or you're Tom Brady and you get paid $70 million to do a flag football game in Saudi Arabia. You know, it's like you're same amount of time doesn't matter. It's just what, what is the value that is created party? And can you justify the amount that you want to get paid? And if not, then it means that there's probably some work to do on yourself, meaning that there's value that's left on the table that you could probably go create if you learned a new skill or got a new knowledge set or built a new relationship or something like that.

[Producer Oscar]

All right, this next quote is, at the end of the day, it's not about what you have or even what you've accomplished. It's about who you've lifted up.

[Travis]

Yeah, I agree with that.

[Producer Oscar]

Would you say King Kong ain't have on that quote?

[Travis]

I'm not. I'm not placing this one.

[Producer Oscar]

Come on. King Kong ain't got shit on me.

[Travis]

Denzel Washington. Yeah, they had to think about that

[Producer Oscar]

one for a second from training Day.

[Travis]

Say the quote one more time.

[Producer Oscar]

At the end of the day, it's not about what you have or even what you've accomplished. It's about who you've lifted up.

[Travis]

Yeah. So the question who you know, what you know. For longtime listeners, the show, you might remember that this is a question that we used to ask all the time on build your network, but we have not asked it in quite some time. But it is a question that I've thought about a lot because I asked it of so many people. And the thing that always tips the scales in the who you know in favor of who you know, to me is exactly what Denzel Washington is saying is saying there. Because relationships are ultimately the most valuable thing that we have in this life. And we are by definition a social people. So your who, you know, will always have a greater impact on the things that you're able to create in the world. So, yeah, I definitely agree with that.

[Producer Oscar]

Did you know I was gonna say, I like that quote? And also, Denzel has a history of doing stuff like that, like, all the time. Like, like, lifting people up.

[Travis]

Oh, yeah.

[Producer Oscar]

So I feel like I'm eulogizing him.

[Travis]

He actually practice.

[Producer Oscar]

No.

[Travis]

Actually practices what he preaches.

[Producer Oscar]

Yeah. I don't know if you ever saw Chadwick Boseman, who played back Black Panther, talking about him. I should play this real quick.

[Travis]

Yeah, please.

[Producer Oscar]

I'll plug it in. Let's plug it in. Take a look. But it's. It's pretty. It's pretty good. But I also love. I was going to say I like a lot of. I feel like I have a couple celebrities now that I like. I mean, yeah, like, fan, whatever. I like a lot, but I feel like it's their M.O. where it's like. Like, a lot of comedians I like are always going like, oh, I brought this person as nobody that knows who they are to open for me.

[Travis]

Yeah.

[Producer Oscar]

Or it's like. Or like, I love when Conan sharing stories about, like, oh, yeah, I brought this dude out that, like, you know what? Like, I. I just like people that seem to be actually good people. Yeah. Imagine that.

[Travis]

Yeah, Right.

[Producer Oscar]

You know,

[Narrator or Guest Speaker about Denzel Washington]

Past what you have given, I know personally that your generosity extends past what you have given on the stage and screen. Many of you already know the story that Mr. Washington, when asked by Phylicia Rashad to join her in assisting nine theater students from Howard University who had been accepted to a summer acting program at the British Academy of Dramatic Acting in Oxford, he gracefully and privately agreed to contribute. As fate would have it, I was one of the students that he paid for.

[Pete Holmes]

Wow.

[Narrator or Guest Speaker about Denzel Washington]

Imagine receiving a letter that your tuition for that summer was paid for and that your benefactor was none other than the dopest actor on the planet. I have no doubt that there are similar stories at boys and Girls clubs and theaters and churches across the country where I know you have also inspired and motivated others. An offering from a sage and a king is more than silver and gold. It is a seed of hope, a bud of faith. There is no Black Panther without Denzel Washington. And not just because of me, but my hope. That generation stands on your shoulders. The daily battles won, the thousand territories gained. The many sacrifices you made for the culture on film sets through your career, the things you refused to compromise along the way laid the blueprints for us to follow. And so now, let he who has watered be watered. Let he who has given be given to. It is an honor to now know you to Learn from you and join in this work with you. May God bless you exceedingly and abundantly. More in what's in store than he ever has before. God bless you.

[Producer Oscar]

No, that's good right there.

[Travis]

Yeah, that's awesome.

[Producer Oscar]

And it's also sad that he looks like. Yeah, you can tell. He was, like, about to pass, like, when this was.

[Travis]

Yeah. But, yeah, Denzel's a legend, man.

[Producer Oscar]

So we like, we like Denzel Washington.

[Travis]

Yes.

[Producer Oscar]

The takeaway.

[Travis]

Okay, that is the takeaway, I think.

[Producer Oscar]

All right, here's another one. You ready?

[Travis]

Yep.

[Producer Oscar]

I don't care what you do for a living. Oh, wait, sorry. Hold on. There's more. Let's scroll down. I don't care what you do for a living, but if you don't save 10 of your income, you're an idiot. That one, that one has your little perplexed. I don't care what you do. Let me read again. I don't care what you do for a living, but if you don't save 10 of your income, you're an idiot.

[Travis]

Is this your impression of this person?

[Producer Oscar]

No, I can't do an impression.

[Travis]

Okay.

[Producer Oscar]

Like you. But you do love a good impression of this actor. Okay, now you're focused on that.

[Travis]

I, I, it depends on what they

[Producer Oscar]

mean by save, because save 10% of your income.

[Travis]

Yeah.

[Producer Oscar]

Saving, though, is not save 10% of your income.

[Travis]

It's not.

[Producer Oscar]

If you don't, you're an idiot. Do you agree?

[Travis]

I'm going to, I'm going to just to take a contrarian stance here. I'm going to say no, I don't agree.

[Producer Oscar]

Mark Wahlberg. Okay. Did you know it was Mark Wahlberg?

[Travis]

I did not know it was Mark Wahlberg, but yeah, I, I, I don't

[Producer Oscar]

care what you do for a living.

[Travis]

I don't care what you. I don't care what you do for a living.

[Producer Oscar]

I don't care. Hey, I don't care what you do for a living. I'm Mark Wahlberg.

[Travis]

Say hi to your mother for me.

[Producer Oscar]

Okay, that wasn't a good.

[Travis]

Yeah, I, it's like the practice. Yes, but also save is the incorrect word. I think it should be invest, because saving doesn't really do much for you over a long time period. So. Yeah, but like the principle, yes, you should be taking a percentage of your income and putting it away somewhere else. But it does. But saving it is a bad idea, objectively, a bad idea, because it's just going to get destroyed by inflation. So put it somewhere else. But overall, I agree with the principle.

[Producer Oscar]

Of you can't agree now that it's. You have to keep it to yourself,

[Travis]

but it should be invested, not just saved. All right, but I would. I would bet that that's more what he was talking about.

[Producer Oscar]

Here's one that you're gonna hate. I know you don't agree with this at all. The best investment you can make is in yourself.

[Travis]

Yeah, Hard, hard. Agree on that one.

[Producer Oscar]

Okay. Chris Pratt.

[Travis]

That was Chris Pratt.

[Producer Oscar]

Chris Pratt.

[Travis]

Yeah. It's a good one. Yeah, that's.

[Producer Oscar]

What an original thought. Chris read that on a hobby lobby sign. That's good.

[Travis]

It's just. It's just the facts, though. You know?

[Producer Oscar]

Facts.

[Travis]

You're the only facts on facts. The only person that. It's the only investment that always pays dividends is an investment into yourself.

[Producer Oscar]

All right, we don't have enough time to keep talking about Chris Pratt. I can't keep prattling on. We have two more people left. You ready?

[Travis]

Yep.

[Producer Oscar]

This guy. I can't stand this guy.

[Travis]

No.

[Producer Oscar]

Just kidding. Well, okay, here we go. Seems like a nice guy. He seems like a nice guy.

[Travis]

No, you can't go back on it now.

[Producer Oscar]

No, no, he seems like a nice guy. And he's done some things I love, but he's done a lot of things I don't.

[Travis]

Okay.

[Producer Oscar]

But he's a nice guy. He seems like a good guy. I would. I would be happy to talk to this fella.

[Travis]

I see.

[Producer Oscar]

But I. I am not a biggest fan. I see.

[Travis]

Give me some hints.

[Producer Oscar]

All right. I have a lot of people that. That crazy. I'm just kidding. I think most people are generally nice people.

[Travis]

Yeah, I would agree with that.

[Producer Oscar]

Except for the ones that aren't, and this is one of them.

[Travis]

Okay.

[Producer Oscar]

No, I'm just kidding. Okay, here we go. I'd rather. Here's a. Here's a quote. Agree or disagree? I'd rather invest in people than stocks.

[Travis]

Again, this one sort of depends on the context.

[Producer Oscar]

Nope.

[Travis]

A little bit.

[Producer Oscar]

Yes or no?

[Travis]

Overall. Overall, yes.

[Producer Oscar]

Okay. You almost invest in some stocks based on people that's. That you know are running it. Yeah, that's Ryan Reynolds.

[Travis]

Yeah. Okay. Yeah. So I would. I would agree. I would agree with that. Because I asked for saying context. Because if you're a business owner, that's, to me, an obvious yes. Like, you have to invest in your people in order to build a good organization. And I think what he's talking about is more investing in companies. And so he's not necessarily investing in the stock price. He's investing in the people who are running the organization, which is, if you talk to any angel investor or venture capitalists worth their salt, they're also going to hardcore agree with that because it's rarely the initial idea that actually is the thing that takes off. It's probably some sort of pivot that happens along the way, and that's only going to be found if you have the right people who are steering the ship. So. Yeah, I agree with that.

[Producer Oscar]

All right, the last one. It's gonna be hard for you to guess who it is. Okay, you ready? I'm not gonna do it. I was gonna do an impression, but it's gonna be bad. Money doesn't make you happy. I now have $50 million, but I was just as happy when I had 50k. I mean, 50k is still pretty good. Most people would be happy to have 50k.

[Travis]

Yeah. Right.

[Producer Oscar]

But. Okay, but I get the point, and I know this person, and they came to America with far less in their pocket.

[Travis]

Can you do the impression now?

[Pete Holmes]

No.

[Travis]

Was that part of the impression?

[Producer Oscar]

I can't because I'm the former governor of California. Yeah. He came with like $50 in his pocket or something, right? Yeah. Didn't he show up with, like, pocket change?

[Travis]

Yeah, yeah, he. He's. He's one of the goats. To me, he's such a legend. But yeah, that is, again, from the people that I've talked to that have accumulated that type of wealth. They all agree with that. There's no, there's no. It's not a direct correlation in the amount of money that you make in terms of what. What measures or makes a good life. And there's real data behind this, especially when it comes to, like, the poverty line. It basically is like, there's no increased, like, money does not contribute to happiness overall past like 60k a year or something like that. I think that, again, the data supports exactly what he's talking about. And people have this. This picture that the upside to making a ton of money will give them all the things that they're currently lacking. And it's just not. It's just not the. That's not the truth. And on the other side of that coin, lacking the money that they. That they want is also not going to make them as sad as they think that that might make them. Yeah. So it's. Your ability to determine whether or not a risk is worth taking the risk or not should be measured against that fact. Meaning that, like, the ups. The upside is probably not as good as you're thinking. And the downside is probably not as bad as you're thinking. Like, your internal subjective well being will probably not change to a significant degree dep depending on the amount of money that you are or are not making. So that's why you got to fix the internal stuff kind of along the way, or at least make sure that what you're working on gives you some sort of internal fulfillment or something, because that the dollar amount really doesn't have that much of an impact on your overall well being. But that's also why we say on the show a lot is like, look, if money is neutral and you can be happy or depressed if you're broke, or you can be happy or depressed if you have a lot of money. If that's the case, then, yeah, I'd rather have a lot of money if I'm going to choose one of those two things, you know.

[Producer Oscar]

No, I'm going to be honest. I didn't hear much of what you just said because I was trying to find this clip because my Arnold Schwarzenegger impression is not good. But you know who has a great Arnold Schwarzenegger impression?

[Travis]

Will Sasso.

[Producer Oscar]

He does. And recently on Rick Glassman's podcast, have you seen this with Pete Holmes?

[Travis]

I don't think I've sent. I don't think he saw us.

[Producer Oscar]

He texted Will in the middle of the show covertly for this bit, and it's very funny. So I'll close out the episode on this instead of me trying to do Arnold. I can try that for a couple minutes if you want.

[Travis]

No, I'd rather watch somebody good.

[Producer Oscar]

Schwarzenegger's vegan now.

[Narrator or Guest Speaker about Denzel Washington]

Is he?

[Guest or Caller]

Is that true?

[Producer Oscar]

I'm plant based.

[Pete Holmes]

I'm plant based.

[Guest or Caller]

Is he really?

[Producer Oscar]

It's true. I'm trying. That was Scottish. That was like Groundskeeper Willie. I wish you weren't texting. God, I'm sorry.

[Guest or Caller]

I was texting Arnold to see if I could call him. I don't know him well enough. I had him on my pod once and I don't know him well enough. Yes, I did.

[Producer Oscar]

Wow. You don't think he likes when people do impressions of him? He's an icon.

[Guest or Caller]

I don't mind people doing impressions of him. I want to call him and see if he's vegan and see if we'll talk about it if that's true. And I just think that would be

[Travis]

cool, telling you I'm vegan.

[Producer Oscar]

I don't even need anymore. The best thing about this, though, Pete Holmes isn't sure if it's him or not. And you can See it on his face. He's really. Before.

[Guest or Caller]

The only reason I have his number.

[Producer Oscar]

Did he text you back here? Yeah, just now. What'd he say? He said, sure, you're gonna call him. I didn't say. Yeah.

[Guest or Caller]

I mean, yeah.

[Travis]

All right. I love Pete Holmes. Just as an aside. So good.

[Producer Oscar]

I'm like, I'm nerd.

[Guest or Caller]

I'm actually nervous.

[Pete Holmes]

Yeah. Hey.

[Producer Oscar]

Hello.

[Jim Carrey (audio clip)]

Hey.

[Narrator or Guest Speaker about Denzel Washington]

Thank you.

[Guest or Caller]

I don't. I didn't tell you that I'm on a podcast with a friend. I don't know if you know who Pete Holmes is, but he told me that you're vegan.

[Pete Holmes]

Yeah. Yeah. I love Pete.

[Producer Oscar]

What?

[Travis]

Holmes?

[Producer Oscar]

This is. Is this AI?

[Pete Holmes]

No.

[Producer Oscar]

Hi.

[Pete Holmes]

How are you, Pete? Good to hear you.

[Producer Oscar]

It's an honor. I love you.

[Pete Holmes]

This is awesome. Yeah, yeah, yeah, yeah, yeah, yeah. I love you. I love your comedy jokes, you know? Yeah.

[Travis]

No way. I can't believe this.

[Pete Holmes]

Yeah, yeah. How you doing?

[Producer Oscar]

Thank you.

[Pete Holmes]

This is awesome. Yeah, yeah.

[Producer Oscar]

We're just wondering if you're plant based.

[Pete Holmes]

You're plant. Yeah, Plant based. Everybody who's ever lived, you know, they are plant based because, you know, long time ago, if you wanted to eat something, you know, you go outside and eat little leaves and the grass and this and that. When you first, you know, climb out of the primordial ooze, you know, you couldn't go and, you know, order, you know, chicken salad from, you know, Goop Kitchen or whatever. You can't go and get a, you know, Steak at Morton Steakhouse roots dress, you know, but, you know, this ancient way to eat, you know, now, so many years later, I've returned to this. Yeah.

[Producer Oscar]

Wow, that's great.

[Pete Holmes]

Yeah. Did he figure.

[Travis]

Did he, like, figure it out eventually?

[Producer Oscar]

I don't know. Like you, I only watch the clips.

[Travis]

Just clips of the show.

[Producer Oscar]

Only the clips.

[Travis]

That's so good. I saw him on. On Dr. Dr. Phil's live, or live Dr. Phil, whatever Adam Ray calls that. But he did a. An Arnold impression at the end of it and was like, that was perfect.

[Producer Oscar]

Pete Holmes.

[Travis]

No will say so.

[Producer Oscar]

I've been a fan of Pete Holmes since the college humor days when he would do Batman.

[Travis]

Oh, yeah, his Batman clips are fantastic. Yeah.

[Producer Oscar]

That was like, what, 20, man? When was that?

[Travis]

When CollegeHumor was still around.

[Producer Oscar]

I mean, 20, man. A long time ago.

[Travis]

Yeah, the one where he's. Where he gets stabbed.

[Producer Oscar]

College humor. I'll look real quick. College humor. Oh, they changed their name. Yeah.

[Travis]

Yeah, they're Dropout now.

[Producer Oscar]

Drop out.

[Travis]

Drop out. Drop out is.

[Producer Oscar]

They're Trying to catch some of Dropouts.

[Travis]

Yeah, Dropout is the. Is the network that has, like, that. That one dude that does the game show on there, though, with the red beard or blonde beard.

[Producer Oscar]

He's.

[Travis]

He's on Dropout. And then the one show that I actually thought was really interesting is this girl. I forget her name. She hosts the show where they just put.

[Producer Oscar]

Just.

[Travis]

They. They take some sort of an actor or comedian or something and dress them up.

[Producer Oscar]

Yeah.

[Travis]

Do a bunch of crazy makeup.

[Producer Oscar]

Oh, that's them. I didn't realize. Yeah, I. The first time I ever watched was. Yeah, it was 2013, so I was. I was a senior in high school. And you were, like, graduating. You had, like, three kids.

[Travis]

Junior college. Because we're not that. We're not that different.

[Producer Oscar]

Eric, you were like, man, you were probably just coming back from the war around that time. All right, we'll go ahead and close this out now that we ended on that note. All right, we got a person. Put that in there.

[Travis]

For those listening, Remember, money only solves your money problems, but it's easier to solve the rest of your problems with money in the bank. So let's solve that one first here on the Travis Makes Money podcast. Thanks for tuning in. Catch you next time.

[Producer Oscar]

Peace.

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