(💸12/40) The Shocking Truth About Money and Happiness: Why Most of Us Have It All Wrong

In this episode, we dive into the science behind the actual cost of happiness and reveal why so many of us are spending our money on the wrong things.

We share personal stories, explore fascinating research, and offer practical strategies for aligning your spending with your values to create a life of genuine joy and fulfillment.

 

🎯 Key Takeaways: 

• We discuss the story of the Mexican Fisherman, which challenges conventional wisdom about success and happiness

• We share our own "joy lists" – the 10 things that bring us the most happiness, which we actually spend money on

• We explore the concept of hedonic adaptation and how it keeps us on the hedonic treadmill, always seeking the next big thing

• We share the powerful story of Don and Wendy, two college friends whose divergent paths reveal the incredible impact of small financial decisions over time

• We discuss the $75,000 happiness threshold and why more money won't necessarily make you happier beyond a certain point

 

Resources Mentioned:

• The 4-Hour Work Week by Tim Ferriss (book) - https://amazon.com/4-Hour-Work-Week-Escape-Anywhere/dp/0091929113 

• Retire Before Mom and Dad by Rob Berger (book) - https://amazon.com/Retire-Before-Mom-and-Dad-audiobook/dp/B07XT6BZJS/ 

• Topo Chico (sparkling mineral water) - https://coca-cola.com/us/en/brands/topo-chico/products/mineral-water 

• Pie Town Tacos (local taco shop in our area) - https://pietowntacos.com 

• 14-Point Checklist to Give $1M by Age 40 - https://seedtime.com/give1m 

 

🎧Tune in now and don't forget to subscribe, rate, and review the show – your support means the world to us!

BONUS: Ever dreamt of hanging out with us for 6 weeks in your small group or church? Head to https://seedtime.com/true for details or shoot us a DM on Instagram @seedtime. 

Watch this episode on our SeedTime Money Podcast YouTube channel (https://youtu.be/LGtdftpt0yQ)!

If you haven’t checked out our best-selling book Simple Money, Rich Life(https://seedtime.com/smrl/), we think you’ll love it. It was named the 2022 Book of the Year by ICFH and has over 600 5-star reviews on Amazon, and is best described as “a money book for people who don’t read money books.” 

You can take it for a test drive for FREE at https://SeedTime.com/sample where you can download chapter 1 of the audiobook, grab the 1st 2 chapters of the ebook version, and even get the 5-week book study companion guide.