60: Using Money To Accumulate Happiness Rather Than Wealth with Chris Budd

Money and happiness will forever be intertwined, specifically the relationship between the two.

While money may not be able to buy happiness, it can certainly influence it.

When you’re working with people and their money, you have the opportunity to help them use their money in a way that accumulates happiness rather than just simply accumulating wealth.

Chris Budd runs an organization focused on helping advisors and planners understand what clients actually want from their money. And, he explains what advisors need to know in order to help clients become happier and more fulfilled, not just wealthier.

We discuss:

• Why the worst first question is: “What does money mean to you?”
• The “un-training” every advisor needs to improve their relationships
• When he realized clients didn’t actually want to talk about money
• The “financial wellbeing junkie” conversation to have with every client
• The ways to spend money that create long-term happiness

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Resources:

• The featured partner for this episode is Knudge, an automated system to help clients actually follow through on their tasks and reach their financial goals

Connect with Brendan Frazier: 

• RFG Advisory
• LinkedIn: Brendan Frazier
• X: @jbrendanfrazier