MI Rewind: The Psychology of Money & Behavioral Finance w/ Daniel Crosby
The Intrinsic Value Podcast - The Investor’s Podcast Network
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The Relationship Between Money and Happiness
This chapter explores the connection between money and happiness, discussing the concept of a 'hygiene factor' and how money can buy happiness by providing the absence of misery and allowing us to outsource tasks, buy experiences, and give money away. It also examines the baseline salary threshold for happiness and questions its validity.
Play episode from 10:18
Transcript
