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How to Money

The Soul of Wealth w/ Daniel Crosby #893

Oct 16, 2024
In this engaging discussion, Daniel Crosby, a psychologist and Chief Behavioral Officer at Orion Advisor Solutions, delves into the essence of true wealth beyond finances. He highlights how personal fulfillment, relationships, and experiences define real richness in life. Crosby examines the balance between passion projects and profit, and how societal influences can shape our financial behaviors. He emphasizes the importance of delayed gratification and using wealth to enhance life experiences, ultimately advocating for a more holistic approach to personal finance.
57:08

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Dr. Daniel Crosby advocates for balancing financial wealth with soulful wealth, emphasizing that genuine fulfillment includes relationships and health beyond monetary success.
  • Crosby introduces the PERMA model, highlighting that true success encompasses Positive Emotion, Engagement, Relationships, Meaning, and Advancement, not just financial metrics.

Deep dives

The Balance of Wealth

Dr. Daniel Crosby emphasizes the need to balance financial wealth with soulful wealth in his discussion. He points out that current societal trends show a paradox: despite increased global wealth, many people report feelings of loneliness and disconnection. This suggests that merely achieving financial goals does not equate to happiness or fulfillment. Therefore, Crosby encourages a broader view of wealth, suggesting that fulfilling relationships, health, and how we spend our time are crucial components of a truly rich life.

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