FCP011: Does Money Buy Happiness?
Financial Conversation Podcast
English - March 14, 2016 09:30 - 45 minutes - 42.1 MB - ★★★★★ - 5 ratingsCareers Business Investing entrepreneur budgeting finance increasingyourincome lifestyle money onlinebusiness personalfinance sideincome solopreneur Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
In this episode, we are pondering a question that can have an impact on your psyche and your personal finances: can money buy happiness?
We are examining this idea from multiple angles and the various aspects that go hand and hand with the idea of happiness gained from spending money.
Choosing what is important to you and how to spend your money is your choice, so we are examining what is important to each of us and dispersing tips about how to save money while still pursuing what makes us happy.
In this episode we discuss:
1:10 – Is $75,000 the income needed to reach the top of the happiness threshold?
6:45 – Using money to make yourself happy with a "temporary high" from buying something
14:10 – Do you get "stuck" thinking about your goals and unable to feel happy until they're accomplished?
18:15 – Why you should be grateful for everything
23:30 – Experiences vs material things - What do we value more?
37:15 – Can money buy happiness? - What about when you buy time by outsourcing?
43:40 – The bottom line - Does money buy happiness?
44:00 – Is balance the secret to life, or is it just our cop-out?
Enjoy!