Can you buy happiness? How much does it cost to buy happiness? What is the relationship between money, wealth, and how happy you are about life? While we don’t have all the answers, we do think we offer a unique perspective on this topic because of our day jobs as fee only financial advisors. We have many conversations with our clients in regards to their money, goals, dreams and what makes them happy, and we share our high-level observations in this week’s episode of The Money Guy Show.
Over the years, we have made it our business to learn and understand the ways in which money correlates with happiness (and in which ways it does not!). Tune into this week’s show to learn how you can derive the greatest happiness from your army of dollar bills.
Here’s What You’ll Find Out in this Episode:
- The difference between happiness and fulfillment
- How your emotional well-being factors into happiness
- What the monetary threshold for happiness really is
- If there are “side-effects” of financial success and what they are
- When a perceived positive item in your life, such as a premium vehicle, can produce negative feelings and outcomes
- How giving big ticket items to teenagers can be detrimental to their long-term happiness
- The three common mistakes that prevent people from reaching happiness
- The four ways to spend money that can yield the most happiness and fulfillment
- Why you should use your money as a resource
- How you can expand the excitement of your purchases with ‘over research’
- The biggest influencers when it comes to your happiness
- A secret for parents that encourage children to be successful
Resources Mentioned in this Episode & Related Episodes
- David and Goliath: Underdogs, Misfits, and the Art of Battling Giants
- How to Think About Money
- How Money Actually Buys Happiness
- Module E: Economics, Work, And Happiness
- Top 10 Personal Finance Podcasts By Financial Advisors
Enjoy the Show?
- Make sure you subscribe so you get updates, announcements, and exclusive post-show deliverables!
- Leave us a review on iTunes
- Send us your questions or share your story!
- You can also use #AskTheMoneyGuy on social media!
- Get your FREE copy of The 30-Minute(ish) Financial Plan
Tune In and Go Beyond Common Sense with the Money Guys
This show would not be what it is today without the support of our wonderful listeners. We strive to continue making the show better and your feedback is an important part of that process.
If you have any questions/suggestions/comments/concerns (or just want to say hi!), feel free to reach out to us: [email protected] and [email protected]. You can also join the conversation on The Money Guy Show Facebook page or connect on Twitter @MoneyGuyPodcast.
If you enjoyed this episode, be sure to join our community! You’ll never miss special announcements and offers, plus you’ll get future podcasts and blog posts delivered straight to your inbox so you can get in on the action right away.
