

1849: The Psychology of Wealth: Money, Meaning, and Mental Well-Being with Dr. Daniel Crosby
Jul 7, 2025
Dr. Daniel Crosby, a psychologist and bestselling author, explores the emotional dimensions of wealth in this insightful discussion. He reveals how financial well-being connects to mental health, advocating for a shift from mere accumulation to aligning money with personal values. Crosby shares strategies for maximizing happiness through wise spending choices and highlights the joy of giving over personal expenditure. His latest book, 'The Soul of Wealth,' encourages reflections on what it truly means to live a wealthy life—emotionally and spiritually.
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Wealthy Yet Unhappy Society
- We live in the wealthiest civilization ever, yet many remain profoundly unhappy despite material improvements.
- Financial well-being isn't just about wealth accumulation but also about finding meaning and alignment with personal values.
Loneliness Undermines Wealth
- We are more financially affluent but also more disconnected and lonely, which harms health and happiness.
- Loneliness is as dangerous as smoking 15 cigarettes a day and twice as lethal as obesity.
Beyond Money: Real Wealth
- Wealth is often seen only as money, but true wealth includes health, relationships, meaning, and purpose.
- People focusing solely on financial goals often find emptiness despite financial success.