HerMoney with Jean Chatzky EP 496: The Psychology of Money and the Art of Spending, with Morgan Housel
Morgan Housel, bestselling author of The Psychology of Money, is back with a brand-new book: The Art of Spending Money. In this episode, he sits down with Jean Chatzky to talk about what truly makes us feel fulfilled when we spend, and why we often get it wrong.
Together, Jean and Morgan unpack the emotions that drive our financial behavior, from fear and guilt to FOMO and dopamine addiction. You’ll learn why saving money can become a harmful identity, how to redefine success beyond your bank account, and why the best moments in life usually aren’t the ones you buy.
What You’ll Hear In This Episode:
- Why spending is an art, not a science
- How “happiness = reality minus expectations” can change your financial life
- What to do if you feel guilty about spending after saving for years
- How to break the cycle of spending for status or attention
- The simplest formula for a rich life: independence + purpose
📘Order Morgan’s new book, The Art of Spending Money
📚Get The Psychology of Money, a HerMoney community favorite
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