The Long View Preston Cherry: ‘Money Can Indeed Buy Happiness’
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Feb 18, 2025 Dr. Preston Cherry, a finance expert and author, dives into the vital link between money and personal values. He shares insights from his book on achieving financial harmony, emphasizing that happiness can indeed stem from financial well-being. The conversation covers how to redefine retirement as a joyful pursuit, and why adapting financial plans to align with life stages is essential. Dr. Cherry also highlights the profound influence of family on financial attitudes, advocating for a balanced approach to both present enjoyment and future stability.
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Money Can Buy Well-being
- Money can buy happiness, especially after $75,000, up to $500,000.
- First, identify what brings you joy through self-reflection, then use money to invest in those areas.
Overcoming Addiction
- Preston Cherry used his money to overcome alcohol addiction by investing in therapy and self-care.
- This improved his well-being, demonstrating how money can buy happiness.
Achieving Financial Harmony
- Honestly assess your current life and acknowledge your feelings about it.
- Then, align your money with your values and aspirations to achieve financial harmony.
