#065 - Chris Hutchins - The Basics Of Money Management

In this book, Elizabeth Dunn and Michael Norton explain how money can buy happiness if spent according to five core principles. These principles include buying experiences over material goods, making purchases a treat, buying time, paying now and consuming later, and investing in others. The authors draw on cutting-edge research in behavioral science to show how these principles can be applied by individuals and companies to create happier employees and customers. They also highlight how companies like Google, Pepsi, and Charmin have implemented these ideas successfully.

In 'Lost Connections', Johann Hari explores the increasing rates of depression and anxiety in the Western world. Through a 40,000-mile journey interviewing experts and visiting various communities, Hari identifies nine causes of depression and anxiety, all centered around the theme of disconnection. These causes include disconnection from meaningful work, other people, meaningful values, childhood trauma, status and respect, the natural world, and a hopeful or secure future. The book also delves into the role of genes and brain changes. Hari argues that traditional solutions focusing on chemical imbalances are insufficient and proposes alternative solutions based on reconnection, such as social prescribing, community engagement, and addressing societal issues like inequality and lack of social security.