Podcasts about buy happiness

What's the real relationship between money and happiness? In this episode of the BiggerPockets Money Podcast, hosts Mindy Jensen and Scott Trench sit down with leading happiness researcher Matt Killingsworth to unpack what the science actually says about income and happiness. Drawing from real-time data collected through Track Your Happiness, Matt explains why happiness does not plateau at $75,000, how income and emotional well-being are logarithmically connected, and why control over your time may matter more than any specific dollar amount. Beyond debunking the famous happiness ceiling, this conversation dives into defining “enough,” avoiding the FIRE community's “one more year” trap, and understanding how relationships, engagement, and community drive lasting fulfillment. If you're pursuing financial independence and wondering whether more money will truly make you happier, this episode delivers research-backed clarity and practical frameworks to evaluate your own happiness metrics—so you can design a life that feels rich long before (and after) retirement. To go beyond the podcast: Kick start your financial independence journey with our FREE financial resources - https://biggerpocketsmoney.com/ Subscribe on YouTube for even more content- www.youtube.com/biggerpocketsmoney  Connect with us on social media to join the other BiggerPockets Money listeners - https://www.facebook.com/groups/BPMoney Connect with Matt Killingsworth: Website: https://www.mattkillingsworth.com/ Track Your Happiness: https://trackyourhappiness.org/ We believe financial independence is attainable for anyone no matter when or where you're starting. Let's get your financial house in order! Learn more about your ad choices. Visit megaphone.fm/adchoices

Most people will never build wealth — not because of the economy, but because no one taught them the rules. Lance Roberts & Jonathan Penn break down the 10 Immutable Laws of Money — time-tested principles that have worked for generations, regardless of your income, age, or background. From budgeting basics and crushing debt to understanding why millionaires live more modestly than you think, these laws are the foundation of lasting financial success. Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO, w Senior Investment Advisor, Jonathan Penn, CFP Produced by Brent Clanton, Executive Producer Rate us on Google: https://bit.ly/4b9JtEo 0:00 - INTRO 1:04 - What Else is Going On Besides Iran? 10:11 - VIX is Rising as Markets Fall 14:38 - Spring Break & Adulting 15:23 - The Laws of Money 18:28 - Hard to Break Habits 19:46 - The Secret to Wealth 22:00 - Why We Invest 23:14 - Money Doesn't Grow on Trees 28:39 - Wants vs Needs 31:27 - Your life is Worth 80% 35:30 - Poor People are Debtors (You DO NOT need a Credit Card) 40:50 - Moral & Physical Hazards 43:15 - The Best Things in Life ARE Free 46:49 - Money Can't Buy Happiness... 53:22 - The Thing About Girl Scout Cookies ------- Watch Today's Full Video on our YouTube Channel: https://youtube.com/live/Il8UfCCn0tE?feature=share ------- Watch our previous show, "Is the Market Topping? Iran, AI Chaos & the Signals You Can't Ignore," here: https://youtube.com/live/m3M6saceH5g?feature=share -------- The latest installment of our new feature, Before the Bell, "Dollar Surges, Markets Fall" is here: https://youtu.be/5Z7fb273clY ------- Download Lance's Latest e-book, "Laws of Money & Wealth:"https://realinvestmentadvice.com/ria-e-guide-library/ -------- SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow -------- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to SimpleVisor: https://www.simplevisor.com/register-new -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #PreMarket #StockMarketToday #MarketVolatility #DollarRally #TradingStrategy #PersonalFinance #WealthBuilding #MoneyTips #DebtFreeJourney #FinancialFreedom

Most people will never build wealth — not because of the economy, but because no one taught them the rules. Lance Roberts & Jonathan Penn break down the 10 Immutable Laws of Money — time-tested principles that have worked for generations, regardless of your income, age, or background. From budgeting basics and crushing debt to understanding why millionaires live more modestly than you think, these laws are the foundation of lasting financial success. Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO, w Senior Investment Advisor, Jonathan Penn, CFP Produced by Brent Clanton, Executive Producer Rate us on Google: https://bit.ly/4b9JtEo 0:00 - INTRO 1:04 - What Else is Going On Besides Iran? 10:11 - VIX is Rising as Markets Fall 14:38 - Spring Break & Adulting 15:23 - The Laws of Money 18:28 - Hard to Break Habits 19:46 - The Secret to Wealth 22:00 - Why We Invest 23:14 - Money Doesn't Grow on Trees 28:39 - Wants vs Needs 31:27 - Your life is Worth 80% 35:30 - Poor People are Debtors (You DO NOT need a Credit Card) 40:50 - Moral & Physical Hazards 43:15 - The Best Things in Life ARE Free 46:49 - Money Can't Buy Happiness... 53:22 - The Thing About Girl Scout Cookies ------- Watch Today's Full Video on our YouTube Channel: https://youtube.com/live/Il8UfCCn0tE?feature=share ------- Watch our previous show, "Is the Market Topping? Iran, AI Chaos & the Signals You Can't Ignore," here: https://youtube.com/live/m3M6saceH5g?feature=share -------- The latest installment of our new feature, Before the Bell, "Dollar Surges, Markets Fall" is here: https://youtu.be/5Z7fb273clY ------- Download Lance's Latest e-book, "Laws of Money & Wealth:"https://realinvestmentadvice.com/ria-e-guide-library/ -------- SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow -------- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to SimpleVisor: https://www.simplevisor.com/register-new -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #PreMarket #StockMarketToday #MarketVolatility #DollarRally #TradingStrategy #PersonalFinance #WealthBuilding #MoneyTips #DebtFreeJourney #FinancialFreedom

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3881: Sam challenges the popular notion that money can't buy happiness by arguing that both the poor and ultra-wealthy often say this to cope with their own circumstances. He makes the case that financial abundance can significantly reduce stress, increase freedom, and enable joyful experiences, ultimately leading to greater happiness when money is used intentionally. Read along with the original article(s) here: https://www.financialsamurai.com/only-the-poor-or-super-rich-say-money-cant-buy-happiness/ Quotes to ponder: "Whoever said 'money can't buy happiness' is either poor, or wealthy beyond their wildest dreams." "The reason why money does buy happiness is because once you have money, you don't worry about money anymore." "At the end of the day, money is relative. And the more money you can earn and accumulate, the happier you will likely be." Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3881: Sam challenges the popular notion that money can't buy happiness by arguing that both the poor and ultra-wealthy often say this to cope with their own circumstances. He makes the case that financial abundance can significantly reduce stress, increase freedom, and enable joyful experiences, ultimately leading to greater happiness when money is used intentionally. Read along with the original article(s) here: https://www.financialsamurai.com/only-the-poor-or-super-rich-say-money-cant-buy-happiness/ Quotes to ponder: "Whoever said 'money can't buy happiness' is either poor, or wealthy beyond their wildest dreams." "The reason why money does buy happiness is because once you have money, you don't worry about money anymore." "At the end of the day, money is relative. And the more money you can earn and accumulate, the happier you will likely be." Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3881: Sam challenges the popular notion that money can't buy happiness by arguing that both the poor and ultra-wealthy often say this to cope with their own circumstances. He makes the case that financial abundance can significantly reduce stress, increase freedom, and enable joyful experiences, ultimately leading to greater happiness when money is used intentionally. Read along with the original article(s) here: https://www.financialsamurai.com/only-the-poor-or-super-rich-say-money-cant-buy-happiness/ Quotes to ponder: "Whoever said 'money can't buy happiness' is either poor, or wealthy beyond their wildest dreams." "The reason why money does buy happiness is because once you have money, you don't worry about money anymore." "At the end of the day, money is relative. And the more money you can earn and accumulate, the happier you will likely be." Learn more about your ad choices. Visit megaphone.fm/adchoices

We are back! We discuss plans and hopes for the new year, wrestle with the question of evil, and the political nature of Epiphany. We also touch on events in Venezuela as well as religious beliefs that it is best to unlearn. Grab a favorite beverage and tune in!

Your 60-second money minute. Today's topic: Can You Buy Happiness Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

What happens after you achieve financial independence? Former Facebook employee turned comedian Paul Ollinger discovered the answer wasn't what he expected—and it completely changed how he thinks about money, work, and happiness. This Episode Covers: Why financial autonomy beats wealth accumulation—and what that actually means for your daily life The psychological challenges of early retirement nobody talks about (and why having a plan is non-negotiable) How he navigated major financial decisions in high-cost cities like New York without sacrificing his goals The truth about happiness and wealth—does more money actually make you happier? How to prepare for life's unexpected curveballs that can derail even the best financial plans And SO much more! Learn more about your ad choices. Visit megaphone.fm/adchoices

Let's explore seven surprising ways money really can buy happiness when it's spent with purpose. Learn how investing in experiences, growth, and generosity can create a richer, more fulfilling life! ---------- JOIN THE AOS ACADEMY – top-tier, high-impact online courses designed to catalyze your success and satisfaction in life – learn more at https://aos.academy Join host Steve Wohlenhaus on the ANATOMY OF SUCCESS podcast and dig deep into what actions you can take to find success in health, work, and relationships. Expect transparent candor and challenges that require action, all to help you define success on your own terms. CONNECT ON SOCIAL LinkedIn: https://www.linkedin.com/in/steve-wohlenhaus/ Instagram: @stevewohlenhaus / https://www.instagram.com/stevewohlenhaus/ Facebook: stevewohlenhaus / https://www.facebook.com/stevewohlenhaus TikTok: @stevewohlenhaus / https://www.tiktok.com/@stevewohlenhaus More about Steve: https://weatherology.com/steve/ Steve's real-time audio weather company: https://weatherology.com/ Catch the latest episodes or binge the podcast on Spotify, Apple Podcasts, or Amazon.

In this episode, I'm joined by corporate powerhouse and mom of three, Deana Jagielo, for a candid conversation about what it really looks like to create a career and family life that reflect your values without burning yourself out. Thank you to Let's Dish for Sponsoring this Episode! https://letsdish.com/ You can still join us in the November Corporate Cohort - Book A Call Here!  Deana and I dig into something that comes up so often in the corporate cohort: Why is it so hard for ambitious women to ask for more? More money. More time. More help at home. Whether it's negotiating a raise, setting boundaries, or rebalancing the load with your partner, Deana brings a grounded, research-backed perspective that will have you rethinking how you advocate for yourself. We also talk about: How to negotiate for what you need at work and at home Using your "Chief of Staff" skills to run a smoother household Financial independence and why it matters for your mental clarity Proactive couple strategies and why daily check-ins beat fancy date nights The story behind Plans for Parents, Deana's mission-led business that supports working parents through postpartum and family transitions If you've ever felt stuck between doing more and asking for more, this episode will leave you empowered to start doing both with intention.   Here are the some great resources I wanted to share with you: Book A Call for the November Corporate Cohort molly@mollyasplin.com Connect with Deana on Instagram   Are you looking to improve performance and team effectiveness across your team? Book A Team Effectiveness Consult Here   Thank you for listening to this episode! Please take a screenshot and share your biggest takeaway on your Instagram stories and tag me @molly.asplin so that I can shout you out!

Ecclesiastes | Ecclesiastes 5:8-6:12 | Chipper Flaniken

“If we command our wealth, we shall be rich and free. If our wealth commands us, we are poor indeed.” - Edmund BurkeIt's a familiar thought: If I just had a little more money, life would be better. We've all been there—believing that one more raise, one more purchase, one more upgrade will finally bring contentment. But as many have discovered, that thought rarely delivers what it promises.The question “Can money buy happiness?” isn't new, and neither is the answer. From philosophers to billionaires to biblical writers, the conclusion is the same: wealth can make life comfortable, but it cannot make life complete.Why Money Can't Deliver What It PromisesWe don't know how much Edmund Burke studied Scripture, but his words echo a timeless truth. Paul warned Timothy, “For the love of money is a root of all kinds of evils” (1 Timothy 6:10). When we expect money to solve our problems or satisfy our hearts, disappointment always follows.Financial author Ron Blue explores this in his book, Generous Living: Finding Contentment Through Giving, pointing out a deep disconnect between what we believe and how we behave. Most of us would agree that “money can't buy happiness,” yet nearly every message in our culture insists that it can. The world doesn't just tempt us to spend more—it trains us to depend on more.Advertising drives this message home. Every commercial suggests that joy is only one purchase away. The right car, the latest phone, the perfect vacation—each one whispers that happiness is for sale. But when our hearts attach to things that fade, anxiety soon takes root. Instead of owning our possessions, our possessions begin to own us.John D. Rockefeller, worth billions in today's dollars, once admitted, “I have made many millions, but they have brought me no happiness.” Henry Ford echoed the same sentiment: “I was happier when I was doing a mechanic's job.” And long before them, King Solomon—the wealthiest man of his day—wrote, “He who loves money will not be satisfied with money; this also is vanity” (Ecclesiastes 5:10).Three men, three eras, one truth: money can't satisfy the soul.Two Myths About WealthRon Blue identifies two common lies about money:More money brings more freedom and satisfaction. In reality, more money brings more complexity. As Ron Blue also notes in his book, “Since there are always unlimited ways to spend limited dollars, it doesn't matter whether you make $20,000 or $200,000—you will always have choices to make.” With greater wealth comes greater responsibility and potential stress.More money removes fear and worry. The opposite is often true. The more we have, the more we have to lose. Market downturns and unexpected crises reveal that our sense of security is fragile when it's built on wealth.In those moments, God invites us to a deeper trust—not in our accounts or assets, but in His character. His provision is measured not by our portfolios but by His promises.So how do we break free from financial fear? It begins with a shift in perspective: realizing it's not your money. You're a steward, not an owner. Everything you have belongs to God.Philippians 4:19 assures us, “And my God will supply every need of yours according to his riches in glory in Christ Jesus.” God promises provision, not luxury. He gives enough for His purpose in your life, not necessarily for every preference.Our role is faithfulness—to manage His resources wisely, give generously, and hold loosely what He entrusts to us. Enjoy His gifts, but never expect them to give you peace or identity. Those belong to God alone.Finding Joy That LastsPsalm 37:3–5 gives us the pathway to contentment: “Trust in the Lord, and do good… Delight yourself in the Lord, and he will give you the desires of your heart.”When we delight in God, He reshapes our desires. We stop chasing what fades and start finding joy in what lasts. True wealth isn't measured by net worth but by contentment.So, can money buy happiness? Not the kind that endures. It can buy comfort and convenience—but not peace, purpose, or joy. Those come only from trusting the One who provides.When your hope rests in Christ and not your paycheck, you'll experience what Edmund Burke described centuries ago: true freedom that never fades.On Today's Program, Rob Answers Listener Questions:I'm 30 and trying to be proactive about my financial future. Should I consider getting long-term care insurance this early, or wait until later in life? And would adding annuities make sense at my age?I'm a veteran with a VA loan at 6.75%, and I keep getting offers to refinance through a VA IRRRL. I've only been in my home for about a year, but as a single mom, lowering my payment would really help. Should I go ahead and refinance now, or wait?My employer offers both a traditional 401(k) and a Roth option. If I switch to contributing to the Roth, will my employer match still go there, and would it also be tax-free when I withdraw it?I recently replaced my old truck with a 2023 model, and the seller is offering an extended warranty for $4,000. It sounds comprehensive, but I've read many negative reviews about these plans. Are extended warranties on vehicles generally worth it?Resources Mentioned:Faithful Steward: FaithFi's New Quarterly Magazine (Become a FaithFi Partner)Generous Living: Finding Contentment Through Giving by Ron Blue with Jodie BerndtWisdom Over Wealth: 12 Lessons from Ecclesiastes on MoneyLook At The Sparrows: A 21-Day Devotional on Financial Fear and AnxietyRich Toward God: A Study on the Parable of the Rich FoolFind a Certified Kingdom Advisor (CKA)FaithFi App Remember, you can call in to ask your questions every workday at (800) 525-7000. Faith & Finance is also available on Moody Radio Network and American Family Radio. You can also visit FaithFi.com to connect with our online community and partner with us as we help more people live as faithful stewards of God's resources. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

It’s a familiar question: Can money buy happiness? We’ve all thought, “If I just had a little more, life would be better.” But is that true? On the next Faith & Finance Live, Rob West explores the role money plays in our happiness—and why it so often falls short. Then, it’s on to your calls. That’s Faith and Finance Live—biblical wisdom for your financial journey. That’s weekdays at 4pm Eastern/3pm Central on Moody Radio. Faith & Finance Live is a listener supported program on Moody Radio. To join our team of supporters, click here.To support the ministry of FaithFi, click here.To learn more about Rob West, click here.To learn more about Faith & Finance Live, click here.See omnystudio.com/listener for privacy information.

The great Notorious B.I.G. once said, “Mo money, mo problems”, and while some of us may scoff at this as something only rich people say, it is true that many of the worlds wealthiest people do not consider themselves happy. Donna and Nathan discuss this and other lessons offered by writer, Ben Carlson, in his blog post, “17 Thoughts About Money”. Also on MoneyTalk, big mistakes made by some history's most iconic investors. Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Air Date: 11/5/2025; Original Air Dates: 2/15/2024 & 10/2/2024. Have a question for the hosts? Leave a message on the MoneyTalk Hotline at (401) 587-SOWA and have your voice heard live on the air!See omnystudio.com/listener for privacy information.

In this week's Five Minute Finance, Matt Robison and Mike Morton explore whether money can really buy happiness, and what science says about it. From research on income thresholds to practical advice on using wealth to create joy, the duo breaks down how to shift your mindset from accumulating money to investing in meaningful experiences.Find out more about Mike at https://www.mortonfinancialadvice.com and connect at https://www.linkedin.com/in/mwsmorton/

We all hear “money can't buy happiness.” But is that the whole story? This episode gets real about how money shapes peace, choices, and mindset. Can joy live in struggle? Does more money bring freedom or just new stress? Listen in as we unpack what happiness truly means. Honest, eye-opening, and full of truths we feel but rarely say out loud.

Money gives you options, which can bring happiness. Money is a tool, not something that will bring happiness on it's own.

America is rich—richer than ever. Yet Americans are more anxious, lonelier, and less satisfied than people in many poorer nations. The 2025 World Happiness Report ranked the U.S. 24th in life satisfaction, its lowest on record. Maybe, as social scientists say, we've traded community for consumption. Today's guest, Morgan Housel, thinks there's a deeper reason money hasn't bought us happiness. America, he says, is world-class at making money, but bad at spending it wisely. In his new book, The Art of Spending Money, Housel argues that we're burdened not only by visible debt—mortgages, credit cards, loans—but also by invisible debt: desire. In this episode, Derek talks with Morgan—the author of The Psychology of Money and Same as Ever—about how money, comparison, and human nature shape happiness. If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. Host: Derek Thompson Guest: Morgan Housel Producer: Devon Baroldi Learn more about your ad choices. Visit podcastchoices.com/adchoices

In this episode of the Dental Boardroom Podcast, host Wes Read, CPA and financial advisor at Practice CFO, continues the miniseries on the relationship between money and happiness and what it really means for dental practice owners.Wes begins by revisiting key lessons from earlier episodes: money can reduce stress up to a point, but beyond a certain level of income, happiness plateaus. True financial peace of mind comes from building reserves, delegating financial complexity, and resisting lifestyle inflation. He also reflects on insights from The Millionaire Next Door, where frugality, discipline, independence, and intentional spending separate wealthy professionals from those who simply earn more but save less.The focus of this episode is on Happy Money: The Science of Happier Spending by Elizabeth Dunn and Michael Norton, a landmark study that shows happiness is not about how much you earn, but how you spend. Wes outlines five core principles:Buy experiences, not things. Lasting joy comes from memories, not possessions.Make it a treat. Scarcity increases appreciation.Buy time. Use money to outsource tasks and free yourself for what matters most.Pay now, consume later. Avoid the stress of debt-fueled purchases.Invest in others. Generosity directly boosts well-being.Wes then applies these lessons directly to dentists. He encourages owners to use money to create margin, not busyness, and to invest in their teams even if it means paying above market for A-players who transform culture and patient experience. He shares personal reflections on choosing experiences over possessions, from family vacations in Europe to carefully planning how his time is spent.Quoting John Bogle's Enough, Wes emphasizes the importance of defining what is truly enough” and aligning spending with values. Budgeting, he explains, isn't about restriction, it's about directing resources toward what genuinely creates fulfillment.He closes with an equation: Real goal = Freedom of choice + Peace of mind. By avoiding marginal thinking, making intentional financial decisions, and nurturing relationships above all, practice owners can use money not just to build wealth, but to create a more fulfilling and happier life.Key PointsHappiness from money comes from how you spend, not just how much you make.Buy experiences, not things; scarcity makes luxuries more meaningful.Use money to buy time and reduce stress.Pay now, consume later to avoid financial anxiety.Invest in others generosity builds well-being.Align spending with your values to define “enough.”Budgeting is about purpose, not restriction.True wealth equals freedom of choice plus peace of mind.Strong relationships remain the #1 driver of lasting happiness.Hashtags #DentalBoardroomPodcast #DentalFinance #HappyMoney #DentistLife #FinancialFreedom #WealthMindset #PracticeCFO #WesReadCPA #MoneyAndHappiness #DentalPracticeOwners

What’s The Why? Why are wages not keeping up with expectations?

This week on the #ManlyDeedsPodcast, we're asking the big question: can money really buy happiness?

In this episode of the Dental Boardroom Podcast, host Wes Read, CPA and financial advisor at Practice CFO, explores the mindset shifts and habits that separate high-income dentists who struggle financially from those who build lasting wealth and freedom.Wes begins by revisiting the connection between money and happiness. He explains that while money can reduce stress, it does not automatically create fulfillment. How you use your money matters more than how much you earn. Many dentists experience stress from debt, high overhead, and lifestyle creep, which erodes both financial stability and mental wellbeing.He encourages building strong financial hygiene early: creating personal and business cash reserves, delegating financial complexity to trusted professionals, and resisting the urge to overspend. True wealth, he explains, is measured not by income but by freedom of time and choice, the ability to live without needing to work.Drawing from the book The Millionaire Next Door by Thomas J. Stanley and William D. Danko, Wes outlines four defining traits of mass affluent millionaires:Frugality — live below their means, avoid lifestyle inflationDiscipline — save and invest consistently, use debt strategicallyIndependence — value time freedom over showing statusStealth wealth — quietly build net worth without outward displayHe warns that many dentists earn high incomes but remain asset-poor because they focus on appearances rather than net worth. Instead, he urges owners to maintain a personal balance sheet, grow appreciating assets, minimize liabilities, and track progress toward financial freedom.This episode reframes wealth not as a number, but as a mindset and discipline choosing simplicity, consistency, and intentional spending so that money supports your life rather than controls it.Key PointsMoney reduces stress only when used intentionally, not emotionally.Build reserves, delegate complexity, and live simply to lower financial anxiety.True wealth is time and choice freedom, not just high income.Millionaires tend to be frugal, disciplined, independent, and understated.Track net worth, not income, to measure real progress.Avoid lifestyle creep; prioritize saving, investing, and debt discipline.Focus on long-term security instead of short-term appearances.

In this episode of the Dental Boardroom Podcast, host Wes Read, CPA and financial advisor, explores how money impacts happiness, especially for dental practice owners facing financial stress and responsibility. Drawing on landmark studies by Daniel Kahneman, Angus Deaton, and Matthew Killingsworth, Wes uncovers the surprising truths about income, emotional well-being, and life satisfaction and how dentists can build both wealth and contentment.He explains that while money does increase happiness, it does so only up to a point, and then its effect plateaus. Beyond that threshold, happiness depends less on income and more on mindset, purpose, and how money is used. He warns that chasing more income without aligning it to personal values can lead to burnout, not fulfillment.This episode helps dental practice owners reframe how they view money as a tool, not the driver and offers practical guidance on creating both financial security and happiness.The episode breaks down five key concepts:Emotional well-being vs. life satisfactionEmotional well-being (daily happiness) improves with income until basic needs are met (~$100K), then flattens.Life satisfaction (big-picture fulfillment) continues rising with higher income.Diminishing returns of incomeAbove ~$200K especially in high-cost areas like San Diego, extra income produces smaller happiness gains.More money reduces stress, but doesn't guarantee joy.Dentists' unique challengesHigh student debt, business pressures, and lifestyle expectations create financial anxiety.Intentional planning, not just earning more, drives peace of mind.Money amplifies your mindsetQuote from Epictetus: Wealth consists not in having great possessions, but in having few wants.Quote from Ayn Rand: Money is a tool. It will take you wherever you wish, but it will not replace you as the driver.Purposeful financial planningAlign spending with values and long-term goals.Build systems that reduce stress, provide security, and support a balanced life.Key PointsMoney increases happiness only until basic needs are met; after that, returns diminish.Life satisfaction rises with income, but daily happiness levels out.More income alone doesn't solve unhappiness; mindset and purpose are crucial.Dental practice owners face unique financial stress that requires intentional planning.Use money as a tool to support your values, not define your success.Build wealth through consistent habits (saving, reducing taxes, managing expenses).True fulfillment comes from aligning financial choices with personal priorities.

We talk a lot on this show about building wealth. But if we're not also building a life that makes us happy, what's the point? Today's guest Dr. Arthur Brooks, one of the world's leading voices on the science of human happiness, joins Nicole to explain how money can help— and hurt— our pursuit of happiness. Check out Arthur's latest book The Happiness Files Watch Arthur's show Office Hours This podcast is for informational purposes only and does not constitute financial, investment, or legal advice. Always do your own research and consult a licensed financial advisor before making any financial decisions or investments. All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing, Inc., member FINRA & SIPC. Public Investing offers a High-Yield Cash Account where funds from this account are automatically deposited into partner banks where they earn interest and are eligible for FDIC insurance; Public Investing is not a bank. Cryptocurrency trading services are offered by Bakkt Crypto Solutions, LLC (NMLS ID 1890144), which is licensed to engage in virtual currency business activity by the NYSDFS. Cryptocurrency is highly speculative, involves a high degree of risk, and has the potential for loss of the entire amount of an investment. Cryptocurrency holdings are not protected by the FDIC or SIPC.  *APY as of 6/30/25, offered by Public Investing, member FINRA/SIPC. Rate subject to change. See terms of IRA Match Program here: public.com/disclosures/ira-match.

Help us expand our Muslim media project here: https://www.thinkingmuslim.com/membershipWealth and its accumulation is an obsession for many of us. But how much is too much, and what social and ethical value should we place on our finances? We speak to Umer Suleman, the Chief Risk Officer overseeing Shariah and compliance at Wahed. For someone involved in the investment sector, what he shares may surprise many of you.You can find Umer Suleman here:LinkedIn: https://uk.linkedin.com/in/umersulemanWahed: https://www.wahed.com/author/umerBecome a member here:https://www.thinkingmuslim.com/membershipOr give your one-off donation here:https://www.thinkingmuslim.com/donateListen to the audio version of the podcast:Spotify: https://open.spotify.com/show/7vXiAjVFnhNI3T9Gkw636aApple Podcasts: https://podcasts.apple.com/gb/podcast/the-thinking-muslim/id1471798762Purchase our Thinking Muslim mug: https://www.thinkingmuslim.com/merchFind us on:X: https://x.com/thinking_muslimLinkedIn: https://www.linkedin.com/company/the-thinking-muslim/Facebook: https://www.facebook.com/The-Thinking-Muslim-Podcast-105790781361490Instagram: https://www.instagram.com/thinkingmuslimpodcast/Telegram: https://t.me/thinkingmuslimBlueSky: https://bsky.app/profile/thinkingmuslim.bsky.socialThreads: https://www.threads.com/@thinkingmuslimpodcastFind Muhammad Jalal here:X: https://twitter.com/jalalaynInstagram: https://www.instagram.com/jalalayns/Sign up to Muhammad Jalal's newsletter: https://jalalayn.substack.comWebsite Archive: https://www.thinkingmuslim.comDisclaimer:The views expressed in this video are those of the individual speaker(s) and do not represent the views of the host, producers, platform, or any affiliated organisation. This content is provided for lawful, informational, and analytical purposes only, and should not be taken as professional advice. Viewer discretion is advised. Hosted on Acast. See acast.com/privacy for more information.

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3260: David Cain reminds us that money is only a tool for creating or avoiding experiences, and the true measure of wealth is the quality of those experiences. By consciously evaluating purchases in terms of lasting value and impact, we can make far more rewarding choices, avoiding regret and channeling our spending toward experiences that genuinely improve life. Read along with the original article(s) here: http://www.raptitude.com/2012/03/how-to-buy-happiness/ Quotes to ponder: "Value amounts to positive experiences. Wealth is ultimately the capacity to create worthwhile experiences in life, and to prevent bad experiences." "There's nothing of value except experiences, and assets that can continue to supply good experiences." "The moment when I was in the chocolate aisle deciding which flavor to grab, that was a moment where I wielded a great amount of leverage, if only over a small amount of money." Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3260: David Cain reminds us that money is only a tool for creating or avoiding experiences, and the true measure of wealth is the quality of those experiences. By consciously evaluating purchases in terms of lasting value and impact, we can make far more rewarding choices, avoiding regret and channeling our spending toward experiences that genuinely improve life. Read along with the original article(s) here: http://www.raptitude.com/2012/03/how-to-buy-happiness/ Quotes to ponder: "Value amounts to positive experiences. Wealth is ultimately the capacity to create worthwhile experiences in life, and to prevent bad experiences." "There's nothing of value except experiences, and assets that can continue to supply good experiences." "The moment when I was in the chocolate aisle deciding which flavor to grab, that was a moment where I wielded a great amount of leverage, if only over a small amount of money." Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3260: David Cain reminds us that money is only a tool for creating or avoiding experiences, and the true measure of wealth is the quality of those experiences. By consciously evaluating purchases in terms of lasting value and impact, we can make far more rewarding choices, avoiding regret and channeling our spending toward experiences that genuinely improve life. Read along with the original article(s) here: http://www.raptitude.com/2012/03/how-to-buy-happiness/ Quotes to ponder: "Value amounts to positive experiences. Wealth is ultimately the capacity to create worthwhile experiences in life, and to prevent bad experiences." "There's nothing of value except experiences, and assets that can continue to supply good experiences." "The moment when I was in the chocolate aisle deciding which flavor to grab, that was a moment where I wielded a great amount of leverage, if only over a small amount of money." Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3259: David Cain reveals how everyday spending decisions can dramatically impact our long-term happiness, arguing that all purchases are investments, not just financial ones. By focusing on the real-life return of what we buy, from confidence-boosting hair paste to transformative yoga classes, we can maximize our quality of life instead of wasting money on fleeting pleasures. Read along with the original article(s) here: http://www.raptitude.com/2012/03/how-to-buy-happiness/ Quotes to ponder: "Each line item on those slips represent an investment." "The value those purchases return isn't monetary value, it's experiences." Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3259: David Cain reveals how everyday spending decisions can dramatically impact our long-term happiness, arguing that all purchases are investments, not just financial ones. By focusing on the real-life return of what we buy, from confidence-boosting hair paste to transformative yoga classes, we can maximize our quality of life instead of wasting money on fleeting pleasures. Read along with the original article(s) here: http://www.raptitude.com/2012/03/how-to-buy-happiness/ Quotes to ponder: "Each line item on those slips represent an investment." "The value those purchases return isn't monetary value, it's experiences." Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3259: David Cain reveals how everyday spending decisions can dramatically impact our long-term happiness, arguing that all purchases are investments, not just financial ones. By focusing on the real-life return of what we buy, from confidence-boosting hair paste to transformative yoga classes, we can maximize our quality of life instead of wasting money on fleeting pleasures. Read along with the original article(s) here: http://www.raptitude.com/2012/03/how-to-buy-happiness/ Quotes to ponder: "Each line item on those slips represent an investment." "The value those purchases return isn't monetary value, it's experiences." Learn more about your ad choices. Visit megaphone.fm/adchoices

Happy July—so excited to be back with you to talk about one of my favorite books I've read lately, Dr. Michael Norton's The Ritual Effect: From Habit to Ritual, Harness the Surprising Power of Everyday Actions, which came out April 9, 2024. We have talked at length about habits on the show, but today, ritual gets its due. Dr. Norton explains what ritual is, and how, in his words, ritual can shift our lives from black and white to Technicolor. We talk about the power of ritual, what the difference is between habit and ritual, how ritual can change us and help us find the more we are seeking (again, in Dr. Norton's words), how rituals emerge in the first place, if there is such a thing as a bad ritual, and if a person can overdo rituals or have too many rituals. We talk about everything from rituals in marriage—definitely pay attention to the clinking forks story—to ritual in grief, and how he's felt about the overwhelmingly positive response to the book since it came out over a year ago. Dr. Norton is a professor of business administration at the Harvard Business School; he is a longtime expert on human behavior, and he has also co-authored with Elizabeth Dunn Happy Money: The Science of Happier Spending. His TEDx talk, “How to Buy Happiness,” has been viewed nearly 4.5 million times, and you may have seen his work in The Wall Street Journal, The New York Times, Scientific American, and numerous other outlets from print to television, radio, and podcast. We're certainly happy to have him on this podcast. The Ritual Effect: From Habit to Ritual, Harness the Surprising Power of Everyday Actions by Dr. Michael Norton

Money mindset is key.So many people fail chasing freedom because their money mindset is off.Similar to how you can't out exercise a bad diet.You can't out earn a bad money mindset. Until it's fixed - nothing else will work.One of the biggest false beliefs people carry around - the money can't buy happiness.So let's address that today. 

“Can money really buy happiness, or just comfort?” Let's find out in today's episode. Welcome back to the Finding Financial Freedom Podcast with Dr. Disha Spath. In this episode, we're doing something special—a collaborative episode with Dr. Elisa Chiang, host of the Grow Your Wealthy Mindset Podcast. Dr. Elisa is a practicing oculoplastic surgeon, certified life coach, and founder of Grow Your Wealthy Mindset, where she empowers physicians to take control of their finances and live with intention. In this joint episode, we dive deep into the intersection of money, happiness, and intentional living.  Together, we explore how financial wellness supports happiness—but why it's not the whole picture. From personal insights on spending habits to reflections on physician burnout and values-driven choices, this conversation unpacks what it truly means to live a wealthy life—and find financial independence as physicians.   Key Topics Covered: 1. Does Money Buy Happiness?Why money contributes to happiness—but doesn't guarantee it. 2. Value-Based Spending How aligning your spending with your values brings more satisfaction. When purchases become liabilities—emotionally and financially. 3. Physician Wellness for Doctors The pressure to “upgrade” lifestyle post-training and finding the path to financial wellness. 4. Trading Time for Money (Is It Worth It?) Why more income doesn't always mean more happiness. How to eliminate lifestyle inflation and regain control of your finances. 5. Money and Happiness  Why achieving happiness as a physician requires active, ongoing work.  How coaching and self-reflection can lead to real balance. Listener Takeaways: How to align money with your definition of a meaningful life. Why physicians often tie self-worth to income—and how to break free.  Practical ways to build happiness into your financial journey. How to stop trading time for money and start living intentionally.   Resources Mentioned: GrowYourWealthyMindset.com  The Grow Your Wealthy Mindset Podcast Follow Dr. Elisa Chiang: Instagram:  @GrowYourWealthyMindset instagram Facebook: ElisaChiang   About the Co-Host: Dr. Elisa Chiang is a board-certified oculoplastic surgeon, life coach, and host of the Grow Your Wealthy Mindset Podcast. She helps physicians take charge of their money and mindset to build a life of purpose, balance, and true wealth.   Connect with Us: Host: Dr. Disha Spath, The Frugal Physician   If you're a physician striving for more than just financial security—if you're seeking joy, alignment, and meaning—this episode is your roadmap.

Morgan Housel has inspired a great deal of my thoughts on the intricacies between money and happiness. Today, I wanted to share a personal story about the interconnectedness of money and happiness, along with five key points that challenge the conventional wisdom around wealth and satisfaction. From understanding that money provides freedom rather than fulfillment to the notion that true wealth is peace of mind, I invite you to reflect on your own financial journey and its impact on your happiness. Connect with Paul Contact Paul here or schedule a time to meet with Paul here. For resources discussed in this episode, visit tammacapital.com/podcast. Follow Paul on LinkedIn and YouTube. And feel free to email Paul at pfenner@tammacapital.com with any feedback, questions, or ideas for future guests and topics.

Link: my.huel.com/90sBabyShow25Code: 90SBABYWIN A TRIP TO BRAZIL - https://raffall.com/382257/enter-raffle-to-win-a-trip-to-brazil-hosted-by-90s-baby-showWater2 - https://water2.com/90SBABY15 use code 90SBABY15 at checkoutJoin this channel to get access to perks:https://www.youtube.com/channel/UCOIOo7ybnNFNdwjSCgYDtOw/joinCheck out our Amazon Storefront - https://www.amazon.co.uk/shop/90sbabyshow/list/CA7MV366T30L?ref_=cm_sw_r_cp_ud_aipsflist_CJP85NJ95R280Z6C6NMZPO Box 5038 HORNCHURCH RM12 9JX Hosted on Acast. See acast.com/privacy for more information.

Do you have a mean Neighbor? We hear true stories from the listeners. With Chappel Roans comments about motherhood... we talk about the truths about motherhood! Do you think you can buy happiness? Most people now say that you can! We end the show with the adults talking! 

Do you have a mean Neighbor? We hear true stories from the listeners. With Chappel Roans comments about motherhood... we talk about the truths about motherhood! Do you think you can buy happiness? Most people now say that you can! We end the show with the adults talking! 

The Rituals that Make a Magical Life with Michael Norton Harvard Business School professor and author, Michael Norton, discusses the role and importance of rituals in everyday life–and how they can bring meaning, control, and emotional richness to individual lives, relationships, and communities.  -The key difference between habits and rituals—and why rituals hold unique power -The surprising truth behind why you really have rituals for your children's bedtime -Why chasing happiness is a trap—and what you should aim for instead Michael Norton is a professor at Harvard Business School. He is the author of The Ritual Effect: From Habit to Ritual, Harness the Surprising Power of Everyday Actions, and the co-author - with Elizabeth Dunn - of Happy Money: The Science of Happier Spending. His research has been the answer to Final Jeopardy and his TEDx talk, How to Buy Happiness, has been viewed more than 4.5 million times. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

Our guest on the podcast today is Dr. Preston Cherry. Dr. Cherry is the author of a new book called Wealth in the Key of Life: Finding Your Financial Harmony. He's also founder and president of Concurrent Wealth Management. In addition, he serves as Assistant Professor of Finance and Head of the Personal Financial Planning Program at the University of Wisconsin-Green Bay, where he also serves as the Director of the Charles Schwab Foundation Center for Financial Wellness. Prior to assuming his current roles, he served in lead and internal financial planning roles in institutional retirement sales. He has also served as co-investment manager at a Registered Investment Advisor and as a mutual fund wholesaler.BackgroundBioLife Money Balance podcastWealth in the Key of Life: Finding Your Financial HarmonySchwab Center for Financial WellnessThemes in Book“What Is Financial Freedom?” by Preston Cherry, concurrentfp.com, July 9, 2024.“Building Wealth With Gratitude: Essential Tips for Gen X,” Life Money Balance podcast, youtube.com, Nov. 26, 2024.“How to Retire Comfortably: Essential Financial and Emotional Tips for a Joyful Retirement,” by Preston Cherry, concurrentfp.com, Nov. 13, 2024.Other“Dr. Preston Cherry: ‘Money and Life Intertwined,'” The Long View podcast, Morningstar.com, Nov. 22, 2024.Songs in the Key of Life, Stevie Wonder album“Does Money Buy Happiness? Here's What the Research Says,” by Michele Berger, knowledge.wharton.upenn.edu, March 28, 2023.The Millionaire Next Door, by Thomas Stanley and William Danko

We are so excited to welcome back Sahil Bloom in anticipation of his new book, The 5 Types of Wealth. You will love this conversation about the different types of wealth, why money isn't the only thing that makes you rich, why people are obsessed with money, what “social wealth” is and how to cultivate it, and why the most unhealthy relationships in your life aren't the “toxic” ones. We're also covering a slew of life-changing concepts: Arrival fallacy, energy calendar, life dinner, list price vs. real price of success, relationship map, and more. Before Sahil joins us, we're talking about the week we lived together and what we learned about each other, two types of people when it comes to the bedroom door, and how we're managing our mental health. Enjoy! Follow Sahil on Instagram @sahilbloom, subscribe to his newsletter, check out his website, and preorder his book The 5 Types of Wealth.  Follow us on Instagram @girlsgottaeatpodcast, Ashley @ashhess, and Rayna @rayna.greenberg. Visit girlsgottaeat.com for more. Thank you to our partners this week: Betterhelp: Get 10% off your first month at https://betterhelp.com/gge. Cymbiotika: Get 20% + free shipping at https://cymbiotika.com/girlsgottaeat. ZBiotics: Get 15% off at https://zbiotics.com/gge with code GGE. Nutrafol: Get $10 off any order and free shipping when you subscribe at https://nutrafol.com with code GGE10. Lume: Get 15% at https://lumedeodorant.com with code GGE. Article: Get $50 off your first purchase of $100 or more at http://article.com/gge.

People often say that money can't buy you happiness. Sometimes, if you ask them to tell you more about it, they'll mention a famous 2010 study by Nobel Prize winners Daniel Kahneman and Angus Deaton. That study found that higher household income correlates with greater emotional well-being, but only up to around $75,000 a year. After that, more money didn't seem to matter.This was a famous study by two famous academics. The result stood for over a decade. And it feels good, right? Maybe the rich aren't so much happier than anyone else. But researchers have recently done a complete 180 on this idea. In 2021, psychologist Matt Killingsworth found nearly the opposite: That more money does correlate with more happiness. And that the relationship continues well beyond $75,000 per year.Today on the show: Does more money mean fewer problems? Two researchers with totally different takes come together to hammer out a better understanding of the relationship between money and happiness.This episode was hosted by Sally Helm and Nick Fountain. It was produced by Sean Saldana, Sam Yellowhorse Kesler, and Emma Peaslee. It was edited by Meg Cramer and fact-checked by Sierra Juarez. Engineering by Cena Loffredo. Alex Goldmark is Planet Money's executive producer. Hosted on Acast. See acast.com/privacy for more information.

People often say that money can't buy you happiness. Sometimes, if you ask them to tell you more about it, they'll mention a famous 2010 study by Nobel Prize winners Daniel Kahneman and Angus Deaton. That study found that higher household income correlates with greater emotional well-being, but only up to around $75,000 a year. After that, more money didn't seem to matter. This was a famous study by two famous academics. The result stood for over a decade. And it feels good, right? Maybe the rich aren't so much happier than anyone else. But researchers have recently done a complete 180 on this idea. In 2021, psychologist Matt Killingsworth found nearly the opposite: That more money does correlate with more happiness. And that the relationship continues well beyond $75,000 per year. Today on the show: Does more money mean fewer problems? Two researchers with totally different takes come together to hammer out a better understanding of the relationship between money and happiness. This episode was hosted by Sally Helm and Nick Fountain. It was produced by Sean Saldana, Sam Yellowhorse Kesler, and Emma Peaslee. It was edited by Meg Cramer and fact-checked by Sierra Juarez. Engineering by Cena Loffredo. Alex Goldmark is Planet Money's executive producer. Learn more about your ad choices. Visit megaphone.fm/adchoices

People often say that money can't buy you happiness. Sometimes, if you ask them to tell you more about it, they'll mention a famous 2010 study by Nobel Prize winners Daniel Kahneman and Angus Deaton. That study found that higher household income correlates with greater emotional well-being, but only up to around $75,000 a year. After that, more money didn't seem to matter.This was a famous study by two famous academics. The result stood for over a decade. And it feels good, right? Maybe the rich aren't so much happier than anyone else. But researchers have recently done a complete 180 on this idea. In 2021, psychologist Matt Killingsworth found nearly the opposite: That more money does correlate with more happiness. And that the relationship continues well beyond $75,000 per year.Today on the show: Does more money mean fewer problems? Two researchers with totally different takes come together to hammer out a better understanding of the relationship between money and happiness.This episode was hosted by Sally Helm and Nick Fountain. It was produced by Sean Saldana, Sam Yellowhorse Kesler, and Emma Peaslee. It was edited by Meg Cramer and fact-checked by Sierra Juarez. Engineering by Cena Loffredo. Alex Goldmark is Planet Money's executive producer. Hosted on Acast. See acast.com/privacy for more information.

People often say that money can't buy you happiness. Sometimes, if you ask them to tell you more about it, they'll mention a famous 2010 study by Nobel Prize winners Daniel Kahneman and Angus Deaton. That study found that higher household income correlates with greater emotional well-being, but only up to around $75,000 a year. After that, more money didn't seem to matter. This was a famous study by two famous academics. The result stood for over a decade. And it feels good, right? Maybe the rich aren't so much happier than anyone else. But researchers have recently done a complete 180 on this idea. In 2021, psychologist Matt Killingsworth found nearly the opposite: That more money does correlate with more happiness. And that the relationship continues well beyond $75,000 per year. Today on the show: Does more money mean fewer problems? Two researchers with totally different takes come together to hammer out a better understanding of the relationship between money and happiness. This episode was hosted by Sally Helm and Nick Fountain. It was produced by Sean Saldana, Sam Yellowhorse Kesler, and Emma Peaslee. It was edited by Meg Cramer and fact-checked by Sierra Juarez. Engineering by Cena Loffredo. Alex Goldmark is Planet Money's executive producer. Learn more about your ad choices. Visit megaphone.fm/adchoices

People often say that money can't buy you happiness. Sometimes, if you ask them to tell you more about it, they'll mention a famous 2010 study by Nobel Prize winners Daniel Kahneman and Angus Deaton. That study found that higher household income correlates with greater emotional well-being, but only up to around $75,000 a year. After that, more money didn't seem to matter.This was a famous study by two famous academics. The result stood for over a decade. And it feels good, right? Maybe the rich aren't so much happier than anyone else. But researchers have recently done a complete 180 on this idea. In 2021, psychologist Matt Killingsworth found nearly the opposite: That more money does correlate with more happiness. And that the relationship continues well beyond $75,000 per year.Today on the show: Does more money mean fewer problems? Two researchers with totally different takes come together to hammer out a better understanding of the relationship between money and happiness.This episode was hosted by Sally Helm and Nick Fountain. It was produced by Sean Saldana, Sam Yellowhorse Kesler, and Emma Peaslee. It was edited by Meg Cramer and fact-checked by Sierra Juarez. Engineering by Cena Loffredo. Alex Goldmark is Planet Money's executive producer. Hosted on Acast. See acast.com/privacy for more information.

Money can't buy happiness. It sounds good as a bumper sticker platitude.But the truth is, money can buy happiness. At least sometimes. In certain circumstances. If we view it and use it in the right ways.Here to unpack the conditions under which money can buy happiness and facilitate our flourishing is Dr. Daniel Crosby, a psychologist and behavioral finance expert and the author of The Soul of Wealth: 50 Reflections on Money and Meaning. Today on the show, Daniel shares the minimum income level at which money buys happiness, at least in the sense of avoiding pain. We talk about how to purchase material things in a way that increases happiness, while avoiding materialism, and the value of using your money to buy health and freedom. And we discuss the importance of finding an overarching why that guides the way you allocate your money and doing a values audit to see if your purpose and spending habits are aligned.Resources Related to the PodcastDaniel's previous appearances on the AoM podcast:Episode #222: The Laws of WealthEpisode #511: Mastering the Psychology of InvestingAoM Podcast #659: Do You Want to Be Rich or Wealthy? (And Why the Difference Matters)AoM Podcast #321: How to Think About Money"Experiences Won't Make You Happier Than Possessions"Die with Zero by Bill PerkinsConnect With Daniel CrosbyDaniel on XDaniel's podcast, Standard DeviationsDaniel on LinkedIn

People often say that money can't buy you happiness. Sometimes, if you ask them to tell you more about it, they'll mention a famous 2010 study by Nobel Prize winners Daniel Kahneman and Angus Deaton. That study found that higher household income correlates with greater emotional well-being, but only up to around $75,000 a year. After that, more money didn't seem to matter.This was a famous study by two famous academics. The result stood for over a decade. And it feels good, right? Maybe the rich aren't so much happier than anyone else. But researchers have recently done a complete 180 on this idea. In 2021, psychologist Matt Killingsworth found nearly the opposite: That more money does correlate with more happiness. And that the relationship continues well beyond $75,000 per year.Today on the show: Does more money mean fewer problems? Two researchers with totally different takes come together to hammer out a better understanding of the relationship between money and happiness.This episode was hosted by Sally Helm and Nick Fountain. It was produced by Sean Saldana, Sam Yellowhorse Kesler, and Emma Peaslee. It was edited by Meg Cramer and fact-checked by Sierra Juarez. Engineering by Cena Loffredo. Alex Goldmark is Planet Money's executive producer.Help support Planet Money and hear our bonus episodes by subscribing to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy