Podcasts about happy money the science

  • 38PODCASTS
  • 47EPISODES
  • 40mAVG DURATION
  • ?INFREQUENT EPISODES
  • Apr 1, 2025LATEST

POPULARITY

20172018201920202021202220232024


Best podcasts about happy money the science

Latest podcast episodes about happy money the science

We Can Do Hard Things with Glennon Doyle
The Rituals that Make a Magical Life with Michael Norton

We Can Do Hard Things with Glennon Doyle

Play Episode Listen Later Apr 1, 2025 59:47


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

People I (Mostly) Admire
Turning Work into Play (Update)

People I (Mostly) Admire

Play Episode Listen Later Dec 14, 2024 50:24


How psychologist Dan Gilbert went from high school dropout to Harvard professor, found the secret of joy, and inspired Steve Levitt's divorce. SOURCE:Daniel Gilbert, professor of psychology at Harvard University. RESOURCES:"What the Data Says (and Doesn't Say) About Crime in the United States," by John Gramlich (Pew Research Center, 2020).Enlightenment Now: The Case for Reason, Science, Humanism, and Progress, by Stephen Pinker (2018)."Mistakenly Seeking Solitude," by Nicholas Epley and Juliana Schroeder (Journal of Experimental Psychology, 2014)."Just Think: The Challenges of the Disengaged Mind," by Timothy D. Wilson, David A. Reinhard, Erin C. Westgate, Daniel T. Gilbert, Nicole Ellerbeck, Cheryl Hahn, Casey L. Brown, and Adi Shaked (Science, 2013)."The End of History Illusion," by Jordi Quoidbach, Daniel T. Gilbert, and Timothy D. Wilson (Science, 2013).Happy Money: The Science of Smarter Spending, by Elizabeth Dunn (2013)."If Money Doesn't Make You Happy Then You Probably Aren't Spending It Right," by Elizabeth W. Dunn, Daniel T. Gilbert, and Timothy D. Wilson (Journal of Consumer Psychology, 2011).This Emotional Life, by Daniel Gilbert (2010).Stumbling on Happiness, by Dan Gilbert (2006)."Affective Forecasting," by Timothy D. Wilson and Daniel T. Gilbert (Advances in Experimental Social Psychology, 2003). EXTRAS:"Drawing from Life (and Death)," by People I (Mostly) Admire (2023)."Who Gives the Worst Advice?" by People I (Mostly) Admire (2021)."Sendhil Mullainathan Thinks Messing Around Is the Best Use of Your Time," by People I (Mostly) Admire (2021)."Am I Boring You?" by Freakonomics Radio (2015).

I lavori di domani
I lavori del wellness & healthtech, Marco Bertini, Sharon Melnick, Elizabeth Dunn. Purpose e formazione

I lavori di domani

Play Episode Listen Later Nov 15, 2024


Marco Bertini professore all'Esade ed ex Visiting Professor alla Harvard Business School, è un esperto di strategie per la generazione di Revenue e Senior Advisor di Globalpraxis, lavora con IBM e Coca-Cola. Bertini ha collaborato con organizzazioni come IBM, AT&T, H&M, Coca-Cola, Procter and Gamble, Fox Networks, Pfizer, Novartis e Boston Consulting Group, dove ha ricoperto il ruolo di Senior Advisor. Autore di numerosi articoli su strategia, marketing e customer relationship, è anche coautore, insieme a Oded Koenigsberg, di The Ends Game: How Smart Companies Stop Selling Products and Start Delivering Value. Marco Bertini insegna strategie per una crescita sostenibile del fatturato, con focus sulla mentalità orientata al cliente e alla vendita di valore, che presuppone il Purpose, tema e focus della due giorni del Wobi, la ventunesima edizione del World Business Forum 2024, che si è tenuta a Milano il 13 e 14 novembre e che ha riunito più di 3.000 imprenditori e Ceo di aziende internazionali. E poi sentiamo i consigli sul Purpose e su come formarsi fronte wellbeing da due referenti e speker dell'evento sempre internazionali.Sharon Melnick, psicologa aziendale ed esperta in materia di potere personale nella leadership, il suo lavoro si basa su 10 anni di ricerche rivoluzionarie presso la Harvard Medical School. Ha lavorato con istituzioni come la Casa Bianca, le Nazioni Unite e l'Accademia militare di West Point come CEO di Horizon Point Inc., una società di coaching e formazione globale, ed è autrice del best seller In Your Power: React Less, Regain Control, Raise Others. È stata nominata da Coaches50 tra i Top 50 coach al mondo.Elizabeth Dunn, professoressa di Psicologia presso l'Università della British Columbia e una delle maggiori esperte nello studio di come il tempo, il denaro e la tecnologia influenzino la felicità umana. La sua ricerca sperimentale non solo è stata pubblicata su riviste di alto livello, tra cui tre articoli su Science, ma è stata anche ampiamente pubblicizzata da media internazionali come il New York Times, The Atlantic e la CNN. È anche coautrice del libro Happy Money: The Science of Happier Spending, riconosciuto dal Washington Post come lettura essenziale per i leader.Siti, app libri e link utiliSharon Melnick Eizabeth Dunn Sito personaleSito University of British Columbia “Happy Money: the science of happier spending" Ted talkMarco BertiniWobi, la ventunesima edizione del World Business Forum 2024I libri da scegliere Purpose e formazioneGrazie a una formazione focalizzata in tutti i settori sul Purpose, si acquisiscono skills per facilitare manager e lavoratori nel liberare la felicità e la connessione sul posto di lavoro in un'epoca in cui le strutture del posto di lavoro sono in continua evoluzione. Si apprendono strategie scientificamente fondate per creare forti legami sul posto di lavoro, perchè i forti legami personali creano una risorsa duratura per l'organizzazione, soprattutto nei momenti più difficili. Le interazioni artificiali influenzano infatti i nostri sentimenti di felicità e connessione sociale ed è necessario apprendere come bilanciare la tecnologia e il tocco umano, un'abilità essenziale per le organizzazioni che incorporano gli strumenti di AI nella loro strategia. Ma è necessario anche avere un quadro di riferimento per trasformare la strategia in revenue growth: l'importanza di avere una mentalità incentrata sul cliente per guidare la crescita. E vendere valore ai clienti, sapendo come capitalizzare sulla creazione di valore e rimanere fedeli alla Brand Promise. Imparare a cogliere le opportunità delle variazioni di prezzo: affrontare le sfide dell'inflazione, mantenere la competitività e migliorare le relazioni con i clienti. Imparare a utilizzare le chiavi per sfruttare la potenza degli algoritmi e della tecnologia in modo efficace e affidabile. Inoltre è necessario apprender come rimanere in uno stato di high performance in un mondo fuori controllo. Perché gli approcci tradizionali alla gestione del burnout non ne hanno impedito l'aumento dei tassi e la vera ragione per cui molti sono esausti e stanchi, quindi è necessario apprendere e insegnare come mantenere la chiarezza mentale e il senso di controllo di fronte all'incertezza e all'attrito interpersonale, come essere strategici piuttosto che reattivi nei momenti di stress e tensione, come i leader possono creare una cultura a prova di burnout nei loro team e nelle loro organizzazioni.

Something You Should Know
Buying Things That Really Make You Happy & Setting Clear Boundaries

Something You Should Know

Play Episode Listen Later Aug 15, 2024 54:28


Does your signature reveal anything about you? Does it send a message to those who see it? I start this episode by sharing some insight into how others may make assumptions about you based on how you sign your name. https://graciousliving.typepad.com/the_write_event/2003/11/what_does_your_.html One reason to spend money is to buy things that make you feel good – and happy. But does a fancier car or another pair of shoes really make you happy? Usually not. After a while, that fancy car is just your car and that pair of shoes you had to have just sit in the closet with all the others. Maybe, if we were more deliberate about what we choose to spend money on, it might really make an impact on our overall happiness. That seems to be the case according to research by my guest Michael Norton who has been investigating how and why people spend their money and what it does and doesn't do for them. Michael is a professor at Harvard Business school and author of the book Happy Money: The Science of Happier Spending (https://amzn.to/3iFzDOq) It can be difficult to set boundaries that other people honor. But if you don't set boundaries people can take advantage of you and make you feel resentful. So how do you create boundaries people will respect while not being perceived as cold and inflexible? Joining me with some really great advice on this is Terri Cole. She is a licensed therapist, relationship expert and author of the book Boundary Boss: The Essential Guide to Talk True, Be Seen, and (Finally) Live Free (https://amzn.to/3AhKXwz). A lot goes on behind the scenes at restaurants that you are totally unaware of. Listen as I reveal the results of a survey taken of restaurant kitchen workers that let some interesting secrets out of the bag regarding the way restaurants work that you likely never knew. https://abcnews.go.com/Business/13-secrets-waiter-tips-menu/story?id=16948508 Learn more about your ad choices. Visit megaphone.fm/adchoices

Six Pixels of Separation Podcast - By Mitch Joel
SPOS #942 – Michael Norton On Rituals And Habits

Six Pixels of Separation Podcast - By Mitch Joel

Play Episode Listen Later Jul 28, 2024 69:20


Welcome to episode #942 of Six Pixels of Separation - The ThinkersOne Podcast. Here it is: Six Pixels of Separation - The ThinkersOne Podcast - Episode #942. Harvard Business School professor, Michael Norton, knows a thing or two about human behavior. His research dives deep into behavioral economics and well-being, covering everything from happiness and spending to the fascinating world of rituals. Michael's work has been spotlighted in major media outlets and his TED Talk, How To Buy Happiness, has racked up close to 5 million views. He's also known for his co-authored book, Happy Money - The Science of Happier Spending. Now, he's back with his latest book, The Ritual Effect. In our conversation, Michael explores the impact of rituals in our daily lives and the broader implications for businesses and society. Michael explains that while habits are the repetitive tasks we perform automatically, rituals are those same tasks imbued with intention and meaning. This shift from a “habitual” mindset to a “ritual” mindset can transform mundane activities into something much more significant. We touch on the distinction between habits and rituals, and how rituals, unlike habits, add depth and color to our lives. Michael shares insights from The Ritual Effect, where he uncovers how rituals help heal communities, mark life's major transitions, and even drive sports fans to a frenzy. Michael emphasizes the importance of understanding different perspectives and the role of rituals in creating a sense of purpose and connection. We also discuss the practical aspects of rituals and how they can be used to enhance both personal and professional lives. Michael's research shows that rituals, whether they're as simple as the way we savor a beverage or as complex as family traditions during holidays, bring surprising satisfaction and enjoyment. The Ritual Effect is a compelling reminder of the power of intention-filled acts and their impact on human behavior and our business. Whether you're looking to add more meaning to your daily routines or understand the deeper significance of rituals and how they impact your work, Michael's insights offer a fresh perspective on how we can live and work more purposefully. Enjoy the conversation... Running time: 1:09:20. Hello from beautiful Montreal. Subscribe over at Apple Podcasts. Please visit and leave comments on the blog - Six Pixels of Separation. Feel free to connect to me directly on Facebook here: Mitch Joel on Facebook. Check out ThinkersOne. or you can connect on LinkedIn. ...or on Twitter. Here is my conversation with Michael Norton. The Ritual Effect. Happy Money - The Science of Happier Spending. Michael's TED Talk: How To Buy Happiness. Follow Michael on LinkedIn. Follow Michael on X. This week's music: David Usher 'St. Lawrence River'. Takeaways Rituals are different from habits in that they involve a deeper level of thought and meaning. Rituals can be found in various domains of life, from religious ceremonies to everyday activities like drinking coffee. Rituals can enhance our emotional experiences and add richness to our lives. Superstitions are a subset of rituals and are often associated with avoiding something bad. Rituals can be both unifying and divisive, depending on how they are perceived and practiced. Taking an inventory of our rituals can help us recognize their presence in our lives and potentially add more meaning and emotion to them. Rituals have the power to create meaning, build connections, and shape our behavior. Organizations should deliver on their promises and create meaningful experiences to build loyalty and engagement. Rituals play a significant role in relationships and family dynamics, helping to create a sense of connection and shared meaning. The science behind rituals shows that they can have psychological effects and change how we think and feel. Designing rituals with intentionality can enhance their impact and create more meaningful experiences. Chapters: 00:00 - Introduction and Background. 03:00 - The Difference Between Habits and Rituals. 09:04 - The Role of Rituals in Religion and Spirituality. 13:10 - The Potential Dangers of Rituals Becoming Superstitions. 20:47 - Taking an Inventory of Our Rituals. 36:51 - The Impact of Rituals on Individuals and Organizations. 41:28 - The Role of Rituals in Leadership and Organizational Culture. 44:12 - Rituals in Relationships and Family Dynamics. 46:49 - The Science Behind Rituals. 49:30 - The Marketing Power of Rituals. 52:44 - Ethics and the Impact of Rituals. 56:12 - The Universal Significance of Breaking Bread. 58:14 - The Ritual Effect of the Diamond Ring. 01:00:29 - The IKEA Effect and its Business Implications. 01:03:26 - Designing Rituals with Intentionality.

Coronavirus: Fact vs Fiction
Does Money Buy Happiness?

Coronavirus: Fact vs Fiction

Play Episode Listen Later Jul 23, 2024 33:59


We've all heard the phrase, “money doesn't buy happiness.” But, Elizabeth Dunn, a professor in the Department of Psychology at the University of British Columbia, says that isn't necessarily true. She sits down with Dr. Sanjay Gupta, CNN's Chief Medical Correspondent, to talk about her research into getting the “biggest happiness bang for our bucks,” and lessons from her book, “Happy Money: The Science of Happier Spending.” Learn more about your ad choices. Visit podcastchoices.com/adchoices

Childfree Wealth®
Happy Money: The Science of Happier Spending (Book Club)

Childfree Wealth®

Play Episode Listen Later Jun 1, 2024 26:15


Hey, Childfree Wealth® listeners! We're back with this month's book club, diving into "Happy Money: The Science of Happier Spending" by Elizabeth Dunn and Michael Norton. If you enjoyed "Die with Zero," you're in for a treat with this one too. Join us as Bree and I discuss our thoughts on the book. Bree found it enjoyable but wished for more scientific depth. Despite its brevity—it's less than a 4-hour audiobook—it serves as a great high-level overview of happier spending.We explore the five main principles from the book, sharing personal stories about vacations and the joy of planning versus the actual experience. Whether you're someone who meticulously plans trips or prefers to wing it, there's something for everyone.We also delve into the balance between spending on material goods versus experiences and how that impacts happiness. Bree and I share our takes on this, discussing everything from buying cars to planning large gatherings.As a bonus, we offer some summer reading recommendations. Bree suggests murder mysteries, while I'm currently into post-apocalyptic zombie tales.Finally, a quick update on our podcast schedule and a shameless plug for my upcoming book tour. If you're interested in childfree life and money, stay tuned for more exciting content in the fall!Don't miss this episode packed with practical tips.#HappyMoney #ChildfreeWealth #FinancialFreedom #SummerReading

The Simple Sophisticate - Intelligent Living Paired with Signature Style
380: How Rituals Enrich Our Lives IF We Choose and Engage with Intention

The Simple Sophisticate - Intelligent Living Paired with Signature Style

Play Episode Listen Later May 1, 2024 65:05


Rituals, whether designed by us solely for ourselves, or legacy rituals, or relationship or group rituals that involve others, give us more than can be imagined to deepen the quality of our life than we thought possible prior to fully engaging and incorporating them into our lives. You may recognize Dr. Michael Norton's name, a professor of business administration at Harvard Business School, as he co-wrote a book I thoroughly enjoyed and often sited for over a decade on the effects of money and happiness with Elizabeth Dunn, Happy Money: The Science of Happier Spending (if you haven't read it, I highly recommend it, as their work has been sited on TSLL as well). Released just this past April, Norton's new book, The Ritual Effect, shares the research behind the effects of rituals on our daily life, and while he begins with sharing rituals' origins which we might often imagine when we hear the word, those "rigid, communal practices" which he describes as legacy rituals, the primary focus rests upon daily life and all of the potential benefits rituals can give us whether it be in our daily routine, or when we step into a new life chapter, or when we say goodbye to someone for any number of reasons, how we work, how we connect and strength relationships, how we design holidays with family and blended families, how to heal and how to recognize when rituals are causing the problem of division for example or exclusion. For our purposes in today's episode we're going to focus primarily on exactly what constitutes a ritual, the importance of having them in our lives and where to incorporate them, as well as sprinkle examples throughout the conversation (so be sure to tune in to the audio version of this episode if you are reading the Show Notes here on the blog :)).   Find the Show Notes on TSLL blog - https://thesimplyluxuriouslife.com/podcast380 

Childfree Wealth®
Your Money or Your Life (Book Club)

Childfree Wealth®

Play Episode Listen Later Apr 24, 2024 28:37


Get ready for a deep dive into personal finance and life purpose as Bri and Dr. Jay take on the timeless book, "Your Money or Your Life!"This lively discussion isn't just about numbers, it's about aligning your time, money, and passion to create an amazing life. Expect thought-provoking insights on consumerism, work-life balance, and the importance of valuing your time and energy while being packed with wisdom on how to make your finances work for you, not the other way around.Plus, there's a healthy dose of humor and real-life examples to make the financial talk more relatable. Whether you're a math nerd or a life-enthusiast, this episode is sure to leave you with a fresh perspective on money and life. Tune in for an enlightening, entertaining, and yes, even soothing journey to a richer life!Be sure to tune in again next month for the book, Happy Money: The Science of Happier Spending by Elizabeth Dunn & Dr. Michael Norton.Resources:+ Your Money or Your Life by Vicki Robin & Joe Dominguez+ I'll Make You Quit Your Job+ Happy Money: The Science of Happier Spending by Elizabeth Dunn & Dr. Michael Norton​​The Childfree Wealth Podcast, hosted by Bri Conn and Dr. Jay Zigmont, CFP®, is a financial and lifestyle podcast that explores the unique perspectives and concerns of childfree individuals and couples.Like the show? Leave us a rating & review. If you want to join the conversation, email us at podcast@childfreewealth.com, follow Childfree Wealth® on social media, or visit our website www.childfreewealth.com!Stay up to date with Childfree Wealth® by signing up for our newsletter here! Schedule a meeting with a Childfree Wealth Specialist® here!Instagram | Facebook | LinkedInDisclaimer: This podcast is for educational & entertainment purposes. Please consult your advisor before implementing any ideas heard on this podcast.

From The Green Notebook
Dr. Michael Norton- The Ritual Effect

From The Green Notebook

Play Episode Listen Later Apr 6, 2024 45:11


Dr. Michael Norton joins Joe to discuss his new book, The Ritual Effect: From Habit to Ritual, Harness the Surprising Power of Everyday Actions.  In this episode, Joe and Dr. Norton explore the hidden power of rituals in our daily lives. Highlights from this episode include:Understanding the powerful impact of rituals The difference between a habit and a ritualHow to find and examine our own personal rituals The role of rituals in transitions (becoming a leader, returning from combat, retiring from the military)How rituals can improve our performance and help us better navigate lifeRituals and family lifeHow to create family traditions when you move all the time....and much more!  Michael Norton is the Harold M. Brierley Professor of Business Administration at the Harvard Business School. He has studied human behavior as it relates to love and inequality, time and money, and happiness and grief. He is the author of The Ritual Effect and the coauthor—with Elizabeth Dunn—of Happy Money: The Science of Happier Spending. In 2012, he was selected by Wired magazine as one of “50 People Who Will Change the World.” His TEDx talk, How to Buy Happiness, has been viewed nearly 4.5 million times. He is a frequent contributor to such publications as The Wall Street Journal, The New York Times, and Scientific American, and has made numerous television, radio, and podcast appearances.Special thanks to this week's sponsors!Veteran-founded Adyton. Connect Leadership With Action Across Distributed Formations With Mustr by Adyton. Mustr is your digital knife-hand for daily and rapid personnel accountability, real time response data visibility, and automated reporting. Learn more about what Mustr can do for your formation here! My favorite coffee is veteran-owned Alpha Coffee and I've been drinking it every morning since 2020! They make 100% premium arabica coffee. Alpha has donated over 22k bags of coffee to deployed units and they offer a 10% discount for military veterans, first responders, nurses, and teachers! Try their coffee today. Once you taste the Alpha difference, you won't want to drink anything else!  Learn more here.   

Under the Radar with Callie Crossley
It's the season of giving, but what motivates Americans to give?

Under the Radar with Callie Crossley

Play Episode Listen Later Dec 3, 2023 33:35


It's the season of giving and a time of year when Americans traditionally make charitable donations. With more than 1.5 million nonprofit organizations across the country, there's plenty of choices for where Americans can donate their dollars. But just last year, total charitable giving dropped by 3.4%, according to the Giving USA Foundation. "Often when people don't give, they say something like, 'how could my $5 possibly help this enormous problem facing the world?'" said Michael Norton, Harvard Business School professor and co-author of “Happy Money: The Science of Happier Spending.” "So the feeling that it sort of drops in a bucket can prompt people not to give," he said. "So, when we're thinking about encouraging people to give, we're really trying to think about how do we increase that feeling of connection and increase that feeling of impact." Meanwhile, two Harvard University researchers say they have cracked the code for motivating potential donors to give. Together, they created Giving Multiplier, a research-based matching system that promotes both effective philanthropic and charitable giving and the world's most effective charities. "In one case, you can spend $50,000 helping one person, or that same amount of money help 100 people, or even closer to 1,000 people with the surgery," said Joshua Greene, Harvard University psychology professor and co-founder of Giving Multiplier. "People in the in the U.S. are much more likely to feel a kind of personal connection for people who are suffering from blindness here, and yet the money can go much farther in other places. And so how do you deal with that?" Could this new method of philanthropy become the future model of giving?

10% Happier with Dan Harris
What Science Says About Money and Happiness | Dr. Elizabeth Dunn

10% Happier with Dan Harris

Play Episode Listen Later Nov 6, 2023 62:17


How to spend your money in ways that will really boost your happiness and a look at the state of happiness research. Dr. Elizabeth Dunn is a professor in the Department of Psychology at the University of British Columbia. Dr. Dunn conducts experimental research examining how time, money, and technology shape human happiness. She is the co-author of “Happy Money: The Science of Happier Spending” with Dr. Michael Norton. Her research has been featured in The New York Times, Time, CNN, and more.Sign up for Dan's weekly newsletter hereFollow Dan on social: Instagram, TikTokTen Percent Happier online bookstoreSubscribe to our YouTube ChannelOur favorite playlists on: Anxiety, Sleep, Relationships, Most Popular EpisodesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The Giving Town
Generosity is Selfish—and That's a Good Thing

The Giving Town

Play Episode Listen Later Aug 30, 2022 13:27


“The best way to find yourself is to lose yourself in the service of others.” -Mahatma GandhiMost of us have been taught that we should be generous because it's the right thing to do. But if generosity is only something we feel we should do, but don't actually see how it benefits us, we will miss out on many of the benefits of generosity. In this episode, I pull from both anecdotal stories and scientific research to show how generosity can actually be motivated by self-interest. My hope for you is that you will learn to live a life dedicated to serving others, not just because it's the right thing to do, but because it's what brings you the most joy and fulfillment.Mentioned in this episode: Happy Money: The Science of Happier SpendingAs mentioned in the episode, you can check out The Joyful Roberts Group YouTube channel here.The Joyful Roberts Group The Joyful Roberts Group is a real estate team led by Daniel Roberts, host of The Giving Town.Support the show

The Truth About Money with Ric Edelman
The 5 principles of happy money

The Truth About Money with Ric Edelman

Play Episode Listen Later Aug 12, 2022 5:00


Jean and Soledad talk to Michael Norton, co-author of Happy Money: The Science of Happier Spending, about the five ways you can get the most happiness from your spending.See omnystudio.com/listener for privacy information.

The Truth About Money with Ric Edelman
Interview with Michael Norton, co-author of Happy Money: The Science of Happier Spending

The Truth About Money with Ric Edelman

Play Episode Listen Later Aug 11, 2022 30:44


Can money buy happiness? What about in a recession? According to Michael Norton, co-author of Happy Money: The Science of Happier Spending, the answer is yes … but it depends on how you spend it. Jean and Soledad learn the ins and outs of happy spending and how to make the most of your money. See omnystudio.com/listener for privacy information.

The Truth About Money with Ric Edelman
Episode 32: Can money buy happiness … even in a recession?

The Truth About Money with Ric Edelman

Play Episode Listen Later Aug 6, 2022 62:41 Very Popular


The word recession has been all over the news lately. Inflation is high, our purchasing power is not, and we're all looking for a solution that can help us spend smarter or at least spend in a way that doesn't make us cringe. In this episode, Jean and Soledad are joined by Edelman Financial Engines wealth planner Rose Niang to talk about what a recession would mean for investors and how to not get distressed by the headlines. Later in the episode, Soledad and Jean interview Michael Norton, co-author of Happy Money: The Science of Happier Spending, about how you can get more happiness for your money.  This show is pre-recorded, and any callers are prescreened. Ms. Chatzky and Ms. O'Brien receive cash compensation for acting as hosts of the Everyday Wealth radio show and podcast and for related activities and therefore have an incentive to endorse Edelman Financial Engines and its planners.  That compensation is a fixed sum paid on an annual basis; and reimbursement for certain expenses.  The amount paid each year does not vary, is not based on show content or any results-dependent factors (e.g., popularity of the show).See omnystudio.com/listener for privacy information.

money ms inflation recession soledad buy happiness michael norton happy money the science everyday wealth chatzky
All the Hacks
Travel Hacks for Planning Your Best Trip Ever with Brandon Presser

All the Hacks

Play Episode Listen Later Apr 20, 2022 80:43 Very Popular


#53: Award-winning travel journalist Brandon Presser shares advice on choosing accommodations, critical factors to consider when planning a trip, his top travel hacks, and his favorite off-the-beaten-path points of interest. He also discusses his traveling philosophy and shares his top lesser-known travel destinations!Brandon Presser (@brandpress) is a freelance features writer and travel expert. He's written 50+ travel guidebooks, contributes to numerous influential publications, and can be seen on Bravo's television series, Tour Group where he led a group of eclectic travelers around the world. He recently released his latest book: The Far Land: 200 Years of Murder, Mania, and Mutiny in the South Pacific.Full show notes at: https://allthehacks.com/best-trip-brandon-presser Selected Links From The EpisodeAll the Hacks Newsletter: Sign UpConnect with Brandon Presser: Instagram | Twitter | Facebook | WebsiteBrandon's Work:Latest Book: The Far Land: 200 Years of Murder, Mania, and Mutiny in the South PacificGuidebooksArticles PublishedBravo's Tour GroupWhere to Travel in 2022Photo of Juxtaposition in KyrgyzstanBrandon's Hospitality Jobs:Maître d' at NobuButler @ The Plaza HotelDeckhand on a Luxury YachtCommercial Flight AttendantPrivate Jet Flight AttendantVegas High Roller Suite ManagerHoneymoon PlannerMadagascar Club Sandwich: Le Pavillon de l'EmyrneJapan Recommendations:YanakaKanazawaKaga Hot SpringsShikokuSetagayaShimokitazawa (Bear Pond EspressoDaikanyama (Tsutaya Bookshop)JiyugaokaBook mentioned: Happy Money: The Science of Happier SpendingTravel Shoes: PalladiumIceland Recommendations:Snaefellsnes PeninsulaHotel EgilsenSponsor Deals15% off Riverside with code CHRIS10% off your first month with BetterHelp$25 free in your Daffy Account Full Show NotesWhat most people get wrong about the way they travel and plan vacations (1:25)Advice about travel planning and critical factors to consider when choosing your destination (1:59)What's so fulfilling about authentic travel (4:04)Why having a ‘checklist' may not result in the most meaningful travel experience (5:28)The most effective (and non-insulting) ways to show generosity while traveling (9:27)Authentic travel experience versus a ‘commercial vacation' (10:44)A career as a fixer and advice for finding a trip planning guide (13:36)Writing guidebooks for Lonely Planet (16:10)How social media has changed travelers' need for guidebooks and review sites  (18:11)The importance of using your instincts, hotel concierges, and online resources (21:14)Having stayed in 3,000+ hotels, Brandon offers advice on what to look for in a ‘nice' hotel (27:02)“I want the amenities in the room to be thought through and I don't want people to skimp on a crappy Q-tip. I want a good Q-tip.” (29:39)Using a quality rating metric of club sandwiches! (29:51)Why Japan, as a destination, is always at the top of Brandon's list (32:20)The downsides of a career in travel writing, and even living in incredible places, especially on someone else's dime (37:43)Favorite luggage and travel footwear (39:32)Finding the balance between taking photographs and being fully immersed in your travel experience (41:48)“I don't want a photo that someone's already taken a better version. I want to capture my moments of serendipity,  that's what I use photography for"  (43:50)Capturing a moment of incredible juxtaposition in Kyrgyzstan (42:48)Brandon distills his favorite travel hacks (44:00)Alternative cost-effective travel locations (45:42)Why traveling within “our regional bubbles” will be more accessible right now and in the near future (52:31)Brandon's bucket list of travel destinations (54:08)What constitutes a true ‘visit' for the purpose of country counting (56:51)Working high-end hospitality jobs at Nobu, The Plaza, and Barneys (57:21)  Brandon on his search for ‘Eloise moments' (01:00:41)Top tips and tricks from years in travel service (01:03:51)How carrying tokens of gratitude can affect your travel experience (01:07:54)The Far Land: 200 Years of Murder, Mania, and Mutiny in the South Pacific (01:10:06)Travel Recommendations for Iceland and Japan (01:15:40)Where to find Brandon online (01:19:42) SponsorsRiversideRiverside is the best platform out there to record studio quality podcasts or videos from anywhere in the world. I use it for all my remote interviews and it consistently delivers high quality audio and video, because it records everything locally, which means you get uncompressed audio and video that works even with unstable wifi. Once your recording is done, you can use Riverside's editor to make ready to publish videos with a few clicks or easily download separate audio and video tracks and edit until your heart's content. To get 15% off your plan, use code CHRIS at allthehacks.com/riverside BetterHelpLife is full of twists and turns and we all need help at some point, whether it's because of stress at home, or work or loneliness or maybe you just want to improve yourself but I don't know where to start. No matter the reason, it's invaluable to know that there's someone professionally trained, who can help you through whatever you're facing. And that's exactly what BetterHelp can do. They can assess your needs and match you with a licensed professional therapist in less than 48 hours. And because it's all online, it's way more affordable than traditional in-person therapy (not to mention it is so much easier to have a video, phone or chat session from the comfort of your own home). To get 10% off your first month visit allthehacks.com/betterhelp DaffyDaffy is a not-for-profit community built around a new modern way to give, with a mission to help people be more generous, more often. Daffy makes it so much easier to put money aside for charity. You can make your tax deductible contributions all at once. Or you can set aside a little each week or month. Then anytime in the future, you can give to more than one and a half million charities, schools, and faith-based organizations in a matter of seconds. So you can separate the decision to give (and get your tax deduction) from deciding exactly which organization you want to support and when. My favorite part is that you can invest your contributions to your Daffy account so they can grow tax-free to let you have even more impact in the future. To start giving today and get your free $25 to give to the charity of your choice, go to https//allthehacks.com/daffy Connect with All the HacksAll the Hacks: Newsletter | Website | Facebook | EmailChris Hutchins: Twitter | Instagram | Website | LinkedIn

All the Hacks
The Power (and Tax Savings) of Charitable Giving with Adam Nash

All the Hacks

Play Episode Listen Later Mar 30, 2022 61:31


#50: Entrepreneur and investor Adam Nash joins Chris to discuss the biggest misconceptions of philanthropy, the hurdles of giving, tax benefits for charitable donations, real estate investing, why Daffy was created, everything you need to know about Donor-Advised Funds, and more.Adam Nash (@AdamNash) is the CEO and co-founder of Daffy, a not-for-profit community built around a new modern way to give. Adam is a seasoned executive, investor and advisor. He sits on the board of the investing company Acorns, he teaches the "Personal Finance for Engineers" course at Stanford and he was previously the president and CEO at Wealthfront. Full Show Notes at: https://www.allthehacks.com/giving-adam-nashView Episode on YouTube: https://youtu.be/mERMZviCHx0 Selected Links From The EpisodeGet a free $25 in your Daffy account: https://allthehacks.com/daffyConnect with Adam Nash: Twitter | Instagram | Adam's Blog | Daffy's BlogSelected Works from Daffy's blog: Let's Close the Trillion-Dollar Generosity Gap | The Benefits of Donating Stock to CharityAdam's Stanford Course: CS 007: Personal Finance for EngineersBook Mentioned:  Happy Money: The Science of Happier Spending by Elizabeth Dunn and Dr. Michael Norton  Palo Alto Recommendations:   The Post | The Sea | Stanford Campus | The Dish | Shoreline LakeBilt Signup: https://allthehacks.com/bilt Full Show Notes Chris welcomes Adam to All The Hacks  (00:00) The biggest misconceptions about philanthropy (02:13)How much should one give?  (03:29) How to know if an organization is using its money wisely (09:22)Could people be giving more? (12:36)The hurdles of giving (15:10)Giving to multiple similar organizations (20:44)Tax benefits for charitable donations (23:15) Donor-Advised Funds (23:49)Why Daffy was created (27:42)Why do large firms have such high fees on donor-advised funds? (30:34)Donating appreciated assets (33:04)Moving your Donor-Advised Funds (38:31)Donor-Advised Fund apps and their ease (40:37) Investing inside your Daffy Donor-Advised Fund (44:31)What people are getting wrong about personal finance (46:04)How do alternative investments fit into your portfolio? (48:10)Real Estate investing (52:36)Dinner, Drink, and Something to do in Palo Alto (57:52)Where to find Adam online (59:41) SponsorsDaffy is a not-for-profit community built around a new modern way to give, with a mission to help people be more generous, more often. They makes it easy to put money aside for charity and because Daffy Charitable Fund is a registered 501(c)(3), all your contributions  are tax-deductible. Then, whenever you want, you can give to more than 1.5 million  charities, schools, and faith-based organizations in a matter of seconds. So you can separate the decision to give  (and get your tax deduction) from deciding exactly which organization you want to support.Also, all  the contributions to your Daffy account are invested in  a standard, ESG or crypto portfolio so they can grow tax free to let you have even more impact in the future. And if you donate any stock or crypto that has increased in value since you bought it, you get full credit for the value of the asset and never have to pay taxes on the capital gains.To start giving today and get your free $25 to give to the charity of your choice, go to https//allthehacks.com/daffy Connect with All the HacksAll the Hacks: Newsletter | Website | Facebook | EmailChris Hutchins: Twitter | Instagram | Website | LinkedIn

Healthy, Wealthy, & Wise Retirement Podcast
Happy Money: The Science of Smarter Spending (part II)

Healthy, Wealthy, & Wise Retirement Podcast

Play Episode Listen Later Mar 8, 2022 17:54


Continuing on our conversation from last episode, we finish up with a review of the last 2 principles for happier spending. Book- Happy Money: The Science of Smarter Spending What is a Fiduciary? About Me Podcast Page For questions, comments, or to receive your own RETIREMENT RISKS ANALYSIS, you can start with a 2 minute quiz here: Share More & Get in Touch  You can also find Loren at shermanl@integrityguidance.com    Additional Resources Discussed on the Show Healthy, Wealthy, & Wise YouTube

spending smarter wealthy fiduciary happy money the science
Life of Yegi's Podcast with Yegi Saryan
How to Spend Money the Right Way to Grow Your Small Business | Solo Episode - The Yegi Project

Life of Yegi's Podcast with Yegi Saryan

Play Episode Play 49 sec Highlight Listen Later Mar 2, 2022 7:28 Transcription Available


In this episode, Yegi breaks down how you can use the concepts of smarter and happier spending in your business. Spending correctly can help you grow, market and expand your business, while making your employees and those around you happy! We've all heard the saying, you've got to spend money to make money, but this concept can definitely be misinterpreted. Knowing how and when to spend money, while sticking to your budget will be the key factor that will determine your resourcefulness and success in business. We hope this podcast helps you spend smarter so that your business can thrive! Book mentioned:  "Happy Money: The Science of Happier Spending" by Elizabeth Dunn & Dr. Michael NortonWe hope you enjoyed this episode and that you join The Yegi Project's journey and take action in your life.If you would like to be a guest on a future episode of The Yegi Project, please email info@yegiproject.comThe Yegi Project will be available on Apple Podcasts, Spotify, Sticher and more!https://linktr.ee/theyegiproject

Healthy, Wealthy, & Wise Retirement Podcast
Happy Money: The Science of Smarter Spending (Part I)

Healthy, Wealthy, & Wise Retirement Podcast

Play Episode Listen Later Feb 22, 2022 23:17


Everyone knows that money can't buy happiness, right? But what if it actually can and we're just going about it the wrong way? In this week's part one book review of "Happy Money," we seek to answer this question and give you a guide for smarter spending. Book- Happy Money: The Science of Smarter Spending What is a Fiduciary? About Me Podcast Page For questions, comments, or to receive your own RETIREMENT RISKS ANALYSIS, you can start with a 2 minute quiz here: Share More & Get in Touch  You can also find Loren at shermanl@integrityguidance.com    Additional Resources Discussed on the Show Healthy, Wealthy, & Wise YouTube

The Darya Rose Show
Adulting your finances with Chris Hutchins

The Darya Rose Show

Play Episode Listen Later Dec 7, 2021 70:33


Chris Hutchins is an avid life hacker, financial optimizer and host of the top-ranked podcast All the Hacks, where he shares his quest to upgrade his life, money and travel, all while spending less and saving more. He's also the Head of New Product Strategy at Wealthfront where he's focused on helping people build wealth through investing. He's been featured in the New York Times, Wall Street Journal, CNBC and more. Previously, he was founder/CEO of Grove (acquired by Wealthfront), an investor at Google Ventures, and a co-founder of Milk (acquired by Google). Happy Money: The Science of Happier Spending by Elizabeth DunnI Will Teach You To Be Rich by Ramit SethiPlaying the Real Estate Game (Part 1) at WealthfrontModern Finance podcastAll the Hacks podcastAll the Hacks credit card picksReal Food and The Science Behind Healthy Lifestyles with Darya Rose, Ph.DTwitter @hutchinsInstagram @chrishutchins 

The Open Book Journey: Revealing the Wisdom of Happiness
Elizabeth Dunn - Our Connection with Money as a "Happy” Currency

The Open Book Journey: Revealing the Wisdom of Happiness

Play Episode Listen Later Nov 17, 2021 42:52


Money has been equated to happiness for time immemorial. However, this is not a straight line relationship. It is staggered at best and jagged at worst. Regardless, what we do know is that money does make people happy, but only to a certain point. Recent events such as COVID-19 have potentially changed our relationship with money in ways that have brought meaning and purpose closer to the surface. Does this have something to do with our realization about the impermanence of things? Does money affect our sense of mortality and how we want to be remembered? We explore these concepts, questions and more with Dr. Elizabeth Dunn, professor in the Department of Psychology at the University of British Columbia. Dr. Dunn conducts experimental research examining how time, money, and technology shape human happiness. She is the co-author of Happy Money: The Science of Happier Spending (Simon & Schuster) with Dr. Michael Norton. Her work has appeared in top journals, with three papers published in Science, and she has given a talk at TED, PopTech! and TEDx. She was selected as one of the “rising stars” in academia by the Chronicle of Higher Education in 2004 and was an honoree for the 2007 Mind Gym Academic Prize for pioneering work in positive psychology. In 2010, she received a New Investigator Award from the Canadian Institutes of Health Research, as well as UBC's Robert E. Knox Master Teacher Award. Her research has been featured in hundreds of media outlets around the world, including The New York Times, The Globe and Mail, The London Times, Maclean's, Time, and CNN. Dr. Dunn is also an avid surfer and skier.karuna is a social enterprise with one mission - to make happiness accessible to all. If you believe that happiness should not be a privilege of the few, but instead a birthright of all, come join us. Become a founding member of our completely free community called the reimagine happiness™ community. As soon as you join, 10 dollars will be donated to our nonprofit arm, the karuna happiness foundation. For the entirety of 2022, we will be donating $10 to the karuna happiness foundation for every new member for up to a total of $100,000. Our mission at the karuna happiness foundation is to empower marginalized women, youth, and children to break the vicious cycles of poverty and abuse. Plus, when our paid membership options launch, we will be donating 10% of all revenue to the karuna happiness foundation. Your membership to the reimagine happiness ™ community, however, will always remain completely free as long as karuna exists.If you're ready to make a real difference in this world, we need you to join us. Once you become a member of the reimagine happiness™ community, you will also receive access to the tools of wellbeing we all need to thrive - because stress, anxiety and burnout do not define your story...happiness does. Come start your happiness journey while spreading compassion where it's needed most. Now is the time to start a movement where happiness is no longer the privilege of a few, but a right of all. Join us.happiness lives here™ welcome homelearn more about karuna or the karuna happiness foundation

Something You Should Know
The Science of How You Spend Money & How to Set Boundaries People Will Respect

Something You Should Know

Play Episode Listen Later Jul 26, 2021 54:45


Do you like your signature? What message does it send to the people who see it? This episode begins with some insight into how other people might make assumptions about you based solely on how you sign your name. https://graciousliving.typepad.com/the_write_event/2003/11/what_does_your_.html Do you spend money on things that really make you happy? Is another pair of shoes or pair of pants really going to make a positive difference in your life? We often think so at the time of purchase but pretty soon those things sit in the closet like all the other clothes and shoes and we rarely think about them. Being more deliberate in what we choose to buy can really make a difference in our overall happiness according to research by Michael Norton who has been researching how and why people spend their money and what it does or doesn't do for them. Michael is a professor at Harvard Business school and author of the book Happy Money: The Science of Happier Spending  (https://amzn.to/3iFzDOq) It is sometimes difficult to set boundaries for yourself that people will honor. Yet, if you don't set boundaries, you run the risk of people walking all over you or taking advantage. So how can you create boundaries people will respect without coming off as inflexible and unhelpful? Here with some great advice on this is Terri Cole, she is a licensed therapist, relationship expert and author of the book Boundary Boss: The Essential Guide to Talk True, Be Seen, and (Finally) Live Free  (https://amzn.to/3x32PUJ) When you go to a restaurant, there is a lot going on behind the scenes that you never see. Listen as I reveal some of the results of a survey of restaurant kitchen staff that reveals some interesting secrets of the way restaurants work, that you likely never knew. https://abcnews.go.com/Business/13-secrets-waiter-tips-menu/story?id=16948508 PLEASE SUPPORT OUR SPONSORS! We really enjoy The Jordan Harbinger Show and we think you will as well! There's just SO much here. Check out https://jordanharbinger.com/start for some episode recommendations, OR search for The Jordan Harbinger Show on Apple Podcasts, Spotify or wherever you listen to podcasts.  Save time, money, and stress with Firstleaf – the wine club designed with you in mind! Join today and you'll get 6 bottles of wine for $29.95 and free shipping! Just go to https://tryfirstleaf.com/SOMETHING Get 10% off on the purchase of Magnesium Breakthrough from BiOptimizers by visiting https://magbreakthrough.com/something Go to https://RockAuto.com right now and see all the parts available for your car or truck. Write SOMETHING in their “How did you hear about us?” box so they know we sent you! https://www.geico.com Bundle your policies and save! It's Geico easy! Search for Home. Made., an original podcast by Rocket Mortgage that explores the meaning of home and what it can teach us about ourselves and others.  Learn about investment products and more at https://Investor.gov, your unbiased resource for valuable investment information, tools and tips. Before You Invest, https://Investor.gov. Visit https://www.remymartin.com/en-us/ to learn more about their exceptional spirits! Visit https://ferguson.com for the best in all of your plumping supply needs! Learn more about your ad choices. Visit megaphone.fm/adchoices

Dolphin Financial Radio

Can money buy happiness? In this show we talk about the ways you can spend money in retirement to make yourself happier. The discussion revolves around the book "Happy Money: The Science of Happier Spending" by Elizabeth Dunn and Michael Norton.

Dolphin Financial Radio

Can money buy happiness? In this show we talk about the ways you can spend money in retirement to make yourself happier. The discussion revolves around the book "Happy Money: The Science of Happier Spending" by Elizabeth Dunn and Michael Norton.

Choiceology with Katy Milkman
Some Assembly Preferred: With Guests Mike Norton & Michael Ojo

Choiceology with Katy Milkman

Play Episode Listen Later Mar 15, 2021 36:12


Hardware stores and home improvement shows often promote do-it-yourself projects. And while it’s challenging to make your own projects look as good as the ones on TV or in glossy brochures, building something yourself can be a very rewarding experience. The trouble is, the DIY approach can sometimes cloud your perceptions of the value of your project.In this episode of Choiceology with Katy Milkman, we look at how putting personal effort into something—be it a hand-knit scarf, a new deck, or even a small business—can lead people to overestimate the value of that effort.Michael Ojo is a web developer and pilot influencer. He runs a popular YouTube channel called MojoGrip, where he shares his love of aviation. It’s also where he documented a project near and dear to him: the building of his first kit airplane, the Sling TSI. You’ll hear the story of Michael’s epic project. Everything from the steep learning curve, to the technical challenges, to the trials and tribulations of building a complicated piece of machinery in the midst of a pandemic. And then, the big question: will it fly?Next, Mike Norton joins Katy to discuss the science behind why people tend to place a higher value on their own projects, using research that, among other experiments, observed volunteers as they completed simple origami projects and then had them auctioned off against origami made by an expert. The results were surprising, and quite charming, as you’ll hear from our re-enactment of the experiment.Michael I. Norton is the Harold M. Brierley Professor of Business Administration at the Harvard Business School and co-author of the book Happy Money: The Science of Smarter Spending.Finally, Katy discusses the ways in which you can leverage this effect to boost happiness and satisfaction, while avoiding the pitfalls of overvaluing your own handiwork.Choiceology with Katy Milkman is an original podcast from Charles Schwab. For more on the series, visit schwab.com/podcast.If you enjoy the show, please leave a ⭐⭐⭐⭐⭐ rating or review on Apple Podcasts.Important Disclosures:All expressions of opinion are subject to change without notice in reaction to shifting market conditions.The comments, views, and opinions expressed in the presentation are those of the speakers and do not necessarily represent the views of Charles Schwab.Data contained herein from third-party providers is obtained from what are considered reliable sources. However, its accuracy, completeness or reliability cannot be guaranteed.All corporate names are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security.Investing involves risk, including loss of principal. (0321-1YAM)

BEworks Conversations
New Routines and Rituals During COVID-19 with Mike Norton

BEworks Conversations

Play Episode Listen Later Jan 20, 2021 54:28


For more information about this episode, including the full transcript, visit our blog at https://blog.beworks.com/becurious/beworks-conversations-with-michael-norton-rituals-routines-and-behaviors-in-the-face-of-a-pandemic This episode of the BEworks Conversation series features a discussion with Michael Norton. Michael is the Harold M. Brierley Professor of Business Administration at the Harvard Business School and the Co-Author (with Elizabeth Dunn) of Happy Money: The Science of Smarter Spending. ----more----In this conversation, Michael and Kelly discuss: How COVID-19 is impacting routines, rituals, and behavior Recent research on rituals at home and at work The role behavioral scientists should play in a pandemic Insights into why we behave in the particular and quirky ways we do

Your Money in 20
Ep. 11: Woodward Financial Advisors Book Club - The New Retirementality and Happy Money: The Science of Happier Spending

Your Money in 20

Play Episode Listen Later Oct 26, 2020 18:53


In this episode, Roni and Joe talk about their favorite books on investing, financial planning and how we make decisions about money. They break down the major themes of the books, their favorite takeaways, and why you might want to read these books for yourselves. If you have suggestions for episode topics or would like to give us feedback, we would love to hear from you! Please email us at podcast@woodwardadvisors.com. During the episode, we reference the following books:Joe's Book: New Retirementality Roni's Book: Happy Money: The Science of Happier Spending

The Cashflow Project
CP19: How to escape the W2 rat race with Brent Kawakami

The Cashflow Project

Play Episode Listen Later Aug 11, 2020 46:12


Join Duc Ong and Vince Gethings as they chat with Brent Kawakami about how to escape the W2 rat race. Brent Kawakami is the VP of Acquisitions at Think Multifamily. He has been investing in multifamily since 2015 and has invested in over 600 multifamily units in Texas, Georgia, Kansas, and Ohio. He recounts his journey from simply wanting to learn about passive cash flow, to getting his first 100+ unit acquisition, quitting his 9-5 and finally going fulltime on multifamily investing. He also shares the challenges, best practices and ninja tricks he learned along the way to help others who also want to leave the W2 rat race and start a more purposeful life. You don't want to miss this! While most people tend to define their financial freedom goals through numbers, Brent shared that he prefers not to set a specific figure for himself. He believes that the business and the number you make should be based on your lifestyle, purpose and personal enjoyment, and not just some random number. To him, going bigger just for the sake of becoming bigger is not necessarily the best thing. He added that it is important that you find what it is that's going to give you the most fulfillment and that in itself is a great indicator on what it is that you want to achieve as you go through your own financial freedom journey. Brent has been investing in multifamily since 2015 and has invested in over 600 multifamily units in Texas, Georgia, Kansas, and Ohio. He started investing in real estate in 2012 buying, rehabbing, and renting single family houses in the Dallas, TX area. Brent has a B.S. in Electrical Engineering from the University of Texas at Austin and is a registered Professional Engineer in the state of Texas. He has worked as a consulting engineer in the power/energy industry leading numerous multi-million-dollar projects and has been responsible for the development of over $1B in construction projects.   Outline of the Episode: · Brent shares how he started his journey to earning passive cash flow. ·  How did he decide on real estate over all the options he considered? · Quitting his high-paying W2 jobs and how he made it possible. · Making sure your climbing the right career ladder. ·  The biggest challenges in deciding to quit your W2 job. · Defining your own financial freedom goal, and not just by numbers. · What is your "WHY" for building passive cashflow? ·Brent recalls his first 100+ unit acquisition. · How the COVID-19 pandemic has affected his collections. · Brent and Vince share their respective company's strategies to mitigate collection lost · The best practices for managing third party managers. Making weekly calls is one of them! · Brent & Vince share their favorite ninja tricks for increasing NOI. · Weighing on the pros & cons of hiring VAs for your business. · Not being pushy and being able to say "NO" as an effective approach to get potential but hesitant investors. · The importance of having outside perspective. Listen to your wife more! · Brent shares 2 of his favorite and highly recommended books: "Getting Things Done" by David Allen and "Happy Money: The Science of Happier Spending".  Resources: ·        Think Multifamily ·        The 4-Hour Work Week ·        Getting Things Done" by David Allen ·        "Happy Money: The Science of Happier Spending" ·        Robert Kiyosaki  Connect with Duc Ong! ·        YouTube https://www.youtube.com/channel/UCy6jjNXZbkUnfLMb5pZT_xg ·        Facebook https://www.facebook.com/tricityequity/

Get Real Health with Dr. Chana Davis
Ep. 008: How To Be Happier: Science-Based Tips and Insights (w/ Prof. Elizabeth Dunn)

Get Real Health with Dr. Chana Davis

Play Episode Listen Later Jul 8, 2020 41:51


Happiness expert Prof Elizabeth Dunn, PhD chats with Chana Davis, PhD about how to be happier. Dunn sheds light on a wide range of questions: - How do we define and measure happiness? - Can we control our happiness - or is hard-wired into our DNA? - Can money buy happiness? - How can we spend our money - and time - in ways that boost happiness? - Do smartphones impact our happiness? Can we minimize any negative effects? - How has COVID-19 pandemic life changed our happiness and feelings of social connection? Dunn shares the top two happiness tips that she practices daily, and many more science-based strategies. She strongly encourages others to experiment on themselves to figure out which happiness strategies work best for them. --- Prof Elizabeth Dunn is a leading researcher in the science of happiness. She is a professor of Psychology at the University of British Columbia where she heads up the Happy Lab. She is also author of Happy Money: The Science of Happier Spending, and keynote speaker (e.g TED, TEDx, Pop!Tech). Links: Twitter: @DunnHappyLab Sign up for one of Prof Dunn's happiness studies: https://dunn.psych.ubc.ca/active-studies/ Prof Dunn's TED talks and more: https://dunn.psych.ubc.ca/speaking/ Prof Dunn's book, Happy Money:https://dunn.psych.ubc.ca/book-happy-money/ --- Get Real Health dives into health headlines, fads, and fears, so that you can make smart, healthy choices. Dr. Chana Davis (PhD, Stanford genetics) interviews leading medical research experts who share practical advice and speak candidly about what science has taught us - and what we don't yet understand. Access more of Dr. Davis' work at fueledbyscience.com or on social @fueledbyscience.

Elemental Podcast | Club de aprendizaje
#090 - Choose FI de Chris Mamula

Elemental Podcast | Club de aprendizaje

Play Episode Listen Later May 19, 2020 52:23


En un muy buen resumen de lo que es la libertad financiera, estos autores expertos en finanzas personales nos ayudan a estar un paso más cerca del éxito económico y nos dan los tips claves para ello.   Choose FI (Elige la Libertad Financiera) de Chris Mamula Temp 2 - Podcast Libertad Financiera - EP 19   ¿Quiéres ayudarnos?, ¿Quiéres donar? Ingresa a https://www.patreon.com/elementalpodcast   |Nuestra página|: http://www.elementalpodcast.cl/ |Reddit|: https://www.reddit.com/r/ElementalPodcast/ |Twitter|: https://twitter.com/elementalpodcas (@elementalpodcas) |Facebook|: https://www.facebook.com/ElementalPodcast/ |Instagram|: https://www.instagram.com/elementalpodcast/ |Youtube|: https://www.youtube.com/channel/UCzbMsT2QA6TTaYrzLr6t1AQ   |Subscríbete en Spotify|: https://buff.ly/2x0X8KA |Subscríbete en iTunes|: https://buff.ly/2BKkvgf |Subscríbete en Stitcher|: https://buff.ly/2GYSu5H |Subscríbete en Podbean|: https://buff.ly/2H0Uw5p |Subscríbete en GooglePodcast|: https://buff.ly/2GIzUj2     Links y notas del Show:    00:00 | Elemental episodio 90 | Happy Money: The Science of Smarter Spending de Elizabeth Dunn: https://www.goodreads.com/book/show/15803098-happy-money   03:23 | Introducción |     10:45 | Las etapas de la LF y comienza por tu porqué |   20:17 | Vive mejor mientras gastas menos | Capitulo de YNAB del pocast   32:37 | Gana más |   38:36 | Invierte mejor | El camino sencillo a la riqueza de JL Collins: https://youtu.be/LktHYYgJ_Yk Sentido Común en Fondos Mutuos de Jack Bogle: https://youtu.be/IcsmS-F-Opc La regla del 4%: https://youtu.be/7iZ-QWsMzgA Podcast MBA, temporada de emprendimiento: https://www.youtube.com/playlist?list=PLtysmLGktClfxk8hTJ0y_y-tca-8zaxpz   46:26 | Disfruta el viaje |   48:43 | Cierre y conclusiones |   Pedro García-Huidobro (@pedroghg) y Santiago Allamand (@stgoallamand) discuten sobre distintos libros todas las semanas.    Agradecimientos especiales a: |Redes y Comunicaciones|: Rosario del Valle |Música Intro|: Osvaldo Guzmán |Sonidos Adicionales|: Osvaldo Guzmán  |Musica Cierre|: ”Rollin at 5" Kevin MacLeod (incompetech.com) Licensed under Creative Commons: By Attribution 3.0 License http://creativecommons.org/licenses/by/3.0/  

Something You Should Know
Why You Spend Money the Way You Do & The Benefits of Adding More Pleasure to Your Life

Something You Should Know

Play Episode Listen Later Feb 10, 2020 42:42


They tell you on airplane that in the event of an emergency an oxygen mask will drop from the ceiling and when you breathe into it the mask may not inflate. Why don’t they know if it will inflate or not? This episode begins with the answer to that and other things about the plane’s oxygen system you should know. http://www.travelandleisure.com/airlines-airports/oxygen-masks-on-planesPeople spend money for a lot of different reasons. Sometimes those reasons are irrational. Other times we are not really aware of how much money we are actually spending on things. Michael Norton is a professor of Business Administration at the Harvard Business School and author of the book Happy Money: The Science of Smarter Spending (https://amzn.to/3baWJaX). He joins me to discuss why we spend money on some things and why we regret NOT spending money on other things. He also offers some great advice on how to get a good handle on your spending so that you spend money on things that are important without wasting money on things that are not. What makes for a good and safe password? Most people think random characters are best. Listen and discover why there is something else that is really important and it has nothing to do with randomness. http://www.businessinsider.com/common-password-format-worst-protection-2017-1Indulging in pleasurable activities can make you feel guilty. But it shouldn’t. Treating yourself to pleasure is one of the best things you can do for yourself. That’s according to Dr. Nan Wise, a psychotherapist and author of the book Why Good Sex Matters (https://amzn.to/390avvc). Listen as she explains why some hedonism (not just sex – any pleasure) is somethings humans need.

The Do Gooders Podcast
30: Five Principles to Spend Differently and Increase Your Happiness with Michael Norton

The Do Gooders Podcast

Play Episode Listen Later Dec 9, 2019 15:58


How did you spend your last $20? Did it make you happy?  You might be interested to know that science shows money really can buy happiness. And it’s not about amassing greater wealth. Dr. Michael Norton, a member of Harvard University’s Behavioral Insights Group, says money can bring us increased happiness if we shift our focus from earning more to spending differently. His research shows we find happiness when we spend money on others.  He and co-author Elizabeth Dunn wrote “Happy Money: The Science of Smarter Spending” with five principles to spend differently that lead to happier people. In this episode, Dr. Norton shares those principles and how we can apply them in our own lives. Find show notes for this episode and more at caringmagazine.org/podcast. 

30,000 Leagues
Can money buy you happiness? (with Mike Norton)

30,000 Leagues

Play Episode Listen Later Sep 23, 2019 67:50


Can money make you happy? How should you spend the 20 dollars in your pocket right now? Is mo’ money really mo’ problems? We are joined today by Mike Norton, a Professor of Harvard Business School and Co-author of Happy Money: The Science of Smarter Spending, which tries to answer these common questions. This conversation, though funny, will also leave you humbled about how you might do better at spending your money on what you care about in life. See acast.com/privacy for privacy and opt-out information.

How I Work
Happiness Professor Elizabeth Dunn on how to buy happiness

How I Work

Play Episode Listen Later Jun 5, 2019 37:00


My guest today is Dr. Elizabeth Dunn. Elizabeth is a professor in the Department of Psychology at the University of British Columbia. Elizabeth’s research looks at how time, money, and technology shape human happiness. She is the co-author of “Happy Money: The Science of Happier Spending” with Dr. Michael Norton. Her research has been featured in hundreds of media outlets around the world, including The New York Times, The Globe and Mail, The London Times, Maclean’s, Time, and CNN.I connected with Elizabeth at TED2019 in Vancouver recently where she gave one of my favourite talks of the week on how helping others makes us happier. In this chat with Elizabeth, we talk about how she has applied a lot of her own research to lead a happier life. And as well as sharing some great insights on how to spend money to be happier, she also has some also tips around making the act of saying no to people much easier.We cover:How to use money to increase happinessHow Elizabeth uses money to buy timeHow to avoid feeling guilty when hiring someone to do jobs that you could be doing yourselfHow changing the way you check your email can reduce stress levelsElizabeth’s research into how smart phones are impacting our social interactionsWhere Elizabeth’s ideas for research experiments come fromElizabeth’s rules for deciding which projects to take onHow Elizabeth is trying to be more proactive with saying noTo consume more of Elizabeth's work, you can watch her TED talk, grab a copy of Happy Money, follow her on Twitter, or visit her website.Visit amanthaimber.com/podcast for full show notes from all episodes.Get in touch at amantha@inventium.com.auIf you are looking for more tips to improve the way you work, I write a short monthly newsletter that contains three cool things that I have discovered that help me work better, which range from interesting research findings through to gadgets I am loving. You can sign up for that at http://howiwork.co See acast.com/privacy for privacy and opt-out information.

Motivation Minute
Happy Money (with Graham Ewing)

Motivation Minute

Play Episode Listen Later Mar 8, 2019 24:09


Happy Money: The Science of Smarter Spending - How, where, and why you spend are more critical than how much - Buying experiences is far more fulfilling long-term than physical things - “Name your money” based on your values for guilt-free spending   Guest: Graham Ewing, Financial Planner - LinkedIn: https://bit.ly/2CbOdZl

ewing happy money happy money the science
The Richards Report
Behavioural Economics Series With Michael Norton From Harvard Business School (Episode 4 Of 4)

The Richards Report

Play Episode Listen Later Dec 19, 2018 14:56


The field of Behavioural Economics is so important because, when it comes to investing and managing our money, our emotions have the ability to lead us astray - so much so we could become our own worst enemies. Of course, decisions like a portfolios' asset allocation are crucially important in investing, but ultimately decisions like these are wasted if investors make irrational decisions at the worst possible time. The reality is, biases affect our decisions and we need to be aware of them so they're not in control. I completed a course on behavioural economics earlier this year at Harvard Business School to learn more about the processes we all use to make financial decisions. During the program I was fortunate to learn from some of the best professors in the world on the topic of Behavioural Economics, and I found it so interesting that I thought, why not have a chat with them on the Richards Report? This episode is the final episode of a four part series that I've put together. This episode I speak with Michael Norton, the Professor of Business Administration at the Harvard Business School, and a member of Harvard's Behavioral Insights Group. He co-wrote Happy Money: The Science of Smarter Spending. He has also given a famous Ted Talk on money and happiness that has been watched more than 5 million times (links available in the show notes on the Six Park website). Topics Covered include; Investing in time The Ikea effect Can money buy happiness? This podcast is brought to you by Six Park, Australia's leading online investment manager. Visit www.sixpark.com.au

Dean Bokhari's Meaningful Show
The Science of Happier Spending

Dean Bokhari's Meaningful Show

Play Episode Listen Later Aug 14, 2017 46:47


RE-RUN OF EP179. Happy Money: The Science of Happier Spending (Originally aired: 3/20/17)

The Meb Faber Show
#54 - Elizabeth Dunn - “How Can I Use My Money Most Effectively in Order to Promote My Happiness?"

The Meb Faber Show

Play Episode Listen Later May 24, 2017 48:38


In Episode 54, we welcome Elizabeth “Liz” Dunn, author of the book, “Happy Money: The Science of Happier Spending”. Meb suggests they walk through the book using its five broad takeaways as their outline. But before they dive in, he asks Liz about her inspiration for writing the book. Liz tells us that when she began making a “real, grown up” salary, she wasn’t entirely certain what to do with it. She was curious how to use it most effectively to promote her own happiness. Interestingly enough, there wasn’t a great deal of research on the topic. Next, Meb asks Liz to discuss her first main finding (and likely the best-known finding) – our happiness tends to increase when we spend money on experiences rather than things. Liz gives us the key takeaways, after which Meb asks why buying experiences over things is hard for us, when we know that’s what we should do. The problem is we’re bombarded with opportunities to buy things. And it’s easy to see the differences between, say, Liz’s Honda and Meb’s Ferrari (no, Meb doesn’t own a Ferrari). With this comparison, Meb would feel great. But it cuts both ways – it’s also very easy for Meb to see someone else’s far more expensive Bentley, therein making him feel less satisfied with his Ferrari. Conversely, it’s more challenging to compare experiences. Each experience is somewhat unique, therein reducing the tendency to compare. Liz gives us an example using a safari she went on. Meb and Liz soon move on to the second takeaway from the book: “make it a treat.” One of the greatest misunderstandings of happiness is the idea that if something makes us happy, then more of it should make us even happier. Apparently, that’s not the case. Whether we’re talking someone’s salary or a little luxury like “avocado toast” (Meb and Liz are both big fans), when we have more of it, this can erode our capacity to appreciate it. This dovetails into the discussion of the salary “line in the sand” above which added dollars has diminishing impact on real happiness. Liz tells us that in the U.S., this figure is about $75K. But she mentions it with an interesting context… There are two “flavors” to happiness: 1) the kind that comes when you evaluate a question like “am I living the kind of life I want to live?” and 2) the kind that comes when you ask “did I laugh or smile yesterday?” If you’re making more money – well beyond $75K, you’re more likely to answer #1 in an affirmative way. Sure, as you jet off to Bora Bora and evaluate your life, you’re likely to feel good about having the wealth to enable such a trip. However, it turns out this added wealth has very little effect on the second type of happiness – day-to-day happiness. The third takeaway is “buying time.” What are we actually doing with the minutes of our lives? Is there a way to trade our money for more time? Liz and Meb discuss spending an hour commuting to work every day, and how miserable that makes people. Wherever appropriate, it makes sense to spend money on things/services/people that can give us back our time, which we can then spend with loved ones or volunteering, etc. Meb makes the point “show me your calendar and checkbook and I’ll show you what you care about.” While Liz agrees to an extent, she points out that many times the calendar and checkbook DON’T align with things we truly care about because we get into habits – say, mowing the lawn even though we have enough money to pay someone else to do it for us. So part of our challenge is to sniff out where our priorities are out of alignment with where we’re actually spending our time/money, then look to shift out of that mindset.  The fourth takeaway is “pay now, consume later.” This is hardly the way our culture does things, with its credit card mentality. Unfortunately, consuming first and paying later is exactly the wrong thing for happiness. Liz and Meb discuss this in detail, dovetailing into the toxic effects of debt. The final takeaway is “invest in other people.” Liz has found that we tend to be happier when we spend our money on other people, more so than ourselves. In supporting this takeaway, she tells us of her study in which she gave people either a $5 or $20 bill, and asked them to spend it by the end of the day – the caveat was that some people were asked to spend it on themselves, while others were asked to spend it on other people. Liz’s team followed up at the end of the day, calling the participants, and found that those who spent the money on others reported feeling happier than the people who’d spent it on themselves.     After finishing discussing the book, Liz and Meb go over a paper Liz just published. It’s a fascinating look into what motivates wealthier people to give more to charity. In short, people with lots of money tend to focus on personal achievement more so than the communal “group achievement.” As such, a messaging strategy that reframes the wealthy individual as the hero or standout tends to result in more charitable donations as compared to a communal message. There’s plenty more in this episode, including Liz’s next research project, discussion of Syrian refugees, what prompted a classic Meb-meltdown as a child, and finally, Meb’s pointed question to Liz: If I put you on the spot and asked you to give us one single piece of advice for achieving more happiness, what would it be? What’s Liz’s answer? Find out in Episode 54.

Dean Bokhari's Meaningful Show

DeanBokhari.com • EP179. Happy Money: The Science of Happier Spending

money science spending happier happy money happy money the science dean bokhari
The Jerry Banfield Show
Day 88! What I Learned in Happy Money!

The Jerry Banfield Show

Play Episode Listen Later Feb 6, 2017 22:59


Hear what I learned listening to Happy Money: The Science of Happier Spending by Elizabeth Dunn and Michael Norton on Audible at http://amzn.to/2lfIrfp. The primary purpose of the book is to encourage readers to consider what impact their spending has on their happiness. In summary, investing our cash in others brings us great joy while using credit to buy things we consume for ourselves consistently does not. Buying experiences tends to bring much greater memories whereas wasting on expensive clothing, cars, and housing produces only the briefest short term pleasure followed by an adjustment from our minds to our new position which eliminates any long term benefit. With a life happier than I have ever known today, Happy Money helped me to see some of the reasons I get so much satisfaction out of my business today because of how much I am then spending on contract labor and advertising which gives thousands of people like me the chance to work full time online from home. A few little tricks from the book I liked are to avoid a commute because this tends to be one of the unhappiest activities most people consistently engage in by choosing instead to live closer to work in a less expensive home. Thank you for reading this and I hope you enjoy day 88 of Happier People podcast! If you buy the book on Amazon or start a free trial on Audible using my link I will be grateful to receive a few cents from Amazon as a thank you at http://amzn.to/2lfIrfp. --- Support this podcast: https://anchor.fm/jerrybanfield/support

Skirt Strategies
Happy Money – Podcast 61

Skirt Strategies

Play Episode Listen Later Sep 20, 2015 24:26


In this podcast Carol and Katie  talk about women’s relationship to money in order to prep you for the upcoming webinar: A Woman’s Money Story with special guest Dr. David Kruger, MD. Register for the Webinar here. They also talk about the book Happy Money- The Science of Happier Spending by authors Elizabeth Dunn and […] The post Happy Money – Podcast 61 appeared first on Skirt Strategies.

Productivity Book Group
Happy Money: The Science of Smarter Spending – Productivity Book Group

Productivity Book Group

Play Episode Listen Later Mar 3, 2015 65:02


Productivity Book Group [ http://productivitybookgroup.org ] discussed Happy Money: The Science of Smarter Spending, [ http://amzn.to/1rCNBR8 ] by Elizabeth Dunn, PhD, and Michael Norton. Enjoy the discussion! Our next reading selection is Flow: The […]

The Business
Happy Money, The Science Of Smarter Spending

The Business

Play Episode Listen Later Feb 12, 2015 14:44


This week Brian talks to Michael I. Norton, co-author of the book Happy Money: The Science of Smarter Spending, about why Mike says changing how we spend our money makes us happier.

David Essel ALIVE! XM Radio Show Archives
Guest: Michael I. Norton | Harvard Business School: Author- Happy Money: The Science of Smarter Spending.....The secret to happyness, spending smarter!

David Essel ALIVE! XM Radio Show Archives

Play Episode Listen Later Oct 18, 2013 41:32


The ProGuide
Episode 026: How to Spend Better, with Happy Money Author - Harvard Professor Michael Norton

The ProGuide

Play Episode Listen Later Jun 26, 2013 14:08


Michael Norton is an Associate Professor of Business Administration at the Harvard Business School. He is the co-author – with Elizabeth Dunn – of the new book, Happy Money: The Science of Smarter Spending (Simon & Schuster). A ridiculously awesome look at the science of happier spending!