Social cohesion and strong social ties are correlated with longevity. Communities that maintain a life style in which everyone's spending habits, perhaps not their income, but at least their spending habits are roughly aligned with one another's will be more likely to live longer. "I really like the idea of loaning money to people on kiva," says Paul McCartney.
#359: Money, relationships, health and purpose: life is running smoothly when all four of these elements are working together in tandem, like wheels on a car. But how can we make spending and investing choices that facilitate stronger relationships, better health and a deeper sense of purpose?
Andrew Hallam, who became a millionaire on a teacher’s salary, shares researched-backed, evidence-based insights into how to find balance, drawing from the worlds of behavioral finance and stock market history.
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