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Episode 2685:
Chris Reining explores the nuanced relationship between money and happiness in "3 Ways to Hack Your Financial Happiness," offering insights from personal experience and research. By critiquing the common pursuit of wealth as a source of happiness and suggesting practical strategies for fostering genuine contentment, Reining illuminates the path to financial well-being that transcends mere accumulation.
Read along with the original article(s) here: https://chrisreining.com/3-ways-to-hack-your-financial-happiness/
Quotes to ponder:
"Many of us equate money to happiness. And it's true, sort of. Research has shown that happiness rises with income, but only up to $75,000."
"Buying stuff is the equivalent of getting drunk, it only temporarily soothes our unhappiness."
"Finding happiness comes from within, it's not something that can be purchased from Amazon."
Episode references:
Carl Jensen's speech, "FI-landia is a lie,": https://www.youtube.com/watch?v=av4nIb5_AAE&ab_channel=EconoMeConference
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Optimal Finance Daily - Financial Independence and Money Advice