#199: Sharing my top 10 takeaways from a retreat for high-net-worth individuals hosted by Long Angle. Today, Tad Fallows and I discuss how money shapes our decisions—impacting everything from your mindset and family choices to overall happiness. We dive into the power of resilience over perfection, the importance of staying flexible in uncertain times, practical insights for raising financially responsible kids, and more.

Tad Fallows is the co-founder of Long Angle, a community for high net worth and ultra-high net worth investors. He previously co-founded iLab Solutions, a global leader in cloud-based lab management software, which was acquired by Agilent Technologies.

Link to Full Show Notes: https://chrishutchins.com/10-money-lessons-happiness-family-purpose

Partner Deals

Gelt: Skip the waitlist on personalized tax guidance to maximize your wealth

Maui Nui: 20% off the most nutrient-dense red meat with code ALLTHEHACKS

Shopify: $1/month trial for the easiest e-commerce platform

Notion: Try Notion AI free to automate tedious tasks and streamline your work

DeleteMe: 20% off removing your personal info from the web

For all the deals, discounts and promo codes from our partners, go to: chrishutchins.com/deals

Resources Mentioned

Tad Fallows: LinkedIn

Long Angle: Join a free private community for high net worth investors

Chris + Amy AMA: Submit Questions

Happy Money: The Science of Happier Spending

ATH Podcast Episodes:

AMA with Chris and Amy: Submit Questions

Full Show Notes

(00:00) Introduction

(02:48) Wealth Can Amplify the Good or Bad

(05:56) There Is No One Right Way to Invest

(09:39) Understanding Trade-Offs Can Unlock Hidden Opportunities

(12:16) How One-Third of the Economy Operates Outside Public Markets

(15:32) Building Resilience Is More Valuable Than Chasing Perfection

(21:24) With the Future Being Uncertain, Flexibility Becomes Key

(24:01) Estate Planning: Why You Should Have Flexibility Over Court Decisions

(27:14) Everyone Can Benefit from Seeking Advice

(30:26) Recognize That You're Not at the End of History

(33:07) The Key to Happiness: Finding Purpose Beyond Accumulating Wealth

(39:19) Two Curves of Happiness

(40:26) There's No Perfect Answer When It Comes to Money and Kids

(42:32) Should You Be Transparent About Finances with Your Kids?

(48:18) Why It’s Important to Have a Minimum Wage Job

(49:47) Optimizing Isn’t a Binary Game

(52:31) How Chris Optimizes Points & Miles

(55:58) Ways to Optimize Your Travel Experiences

(58:51) All Decisions Are Personal, So There Isn’t a Universal Right Answer

Connect with Chris

Newsletter | Membership | Twitter | Instagram | LinkedIn

Editor’s Note: The content on this page is accurate as of the posting date; however, some of our partner offers may have expired. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Vicissitudes of the Goddess

Mentioned by

Mentioned in 1 episodes

The AI-powered Podcast Player