We’ve all heard the saying, “Money can’t buy happiness.” However, research suggests that while money may not buy lasting joy, it can certainly enhance our lives if spent wisely. The key lies in how we spend our money.

On this episode of Retirement Starts Today, we’ll explore a recent article on spending money to maximize your happiness.

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Outline of This Episode

[1:22] How we spend our money
[5:18] Consider purchases you make
[8:05] How to get more from your financial independence
[10:25] Explaining inherited IRA rules

Resources & People Mentioned

The Retirement Podcast Network
BOOK - The Myth of Happiness by Sonja Lyubomirsky
BOOK - Happy Money by Ken Honda
BOOK - If Money Doesn’t Make You Happy Then You Probably Aren’t Spending It Right by Daniel Gilbert
Money happiness article

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How To Spend Your Money To Maximize Happiness, Ep # 354