Money and Happiness: Buy Expirences, Buy Time, Give It Away

Money can provide temporary happiness, but true happiness comes from buying experiences, buying time, and giving money to those in need. Experiences with loved ones enhance happiness, while buying time allows for enjoyable activities. Additionally, giving money to a cause that inspires you brings happiness. Studies have shown that giving leads to greater happiness.

Transcript

chevron_right

Play full episode

chevron_right

Transcript

Episode notes

Brought to you by Wealthfront high-yield savings account, Eight Sleep’s Pod Cover sleeping solution for dynamic cooling and heating, and AG1 all-in-one nutritional supplement.

Arthur C. Brooks (@arthurbrooks) is the Parker Gilbert Montgomery Professor of the Practice of Public and Nonprofit Leadership at the Harvard Kennedy School and Professor of Management Practice at the Harvard Business School, where he teaches courses on leadership and happiness. He is also a columnist at The Atlantic, where he writes the popular “How to Build a Life” column. Brooks is the author of 13 books, including the 2022 #1 New York Times bestseller From Strength to Strength: Finding Success, Happiness, and Deep Purpose in the Second Half of Life and his newest Build the Life You Want: The Art and Science of Getting Happier with co-author Oprah Winfrey. He speaks to audiences all around the world about human happiness and works to raise well-being within private companies, universities, public agencies, and community organizations.

Please enjoy!

This episode is brought to you by AG1! I get asked all the time, “If you could use only one supplement, what would it be?” My answer is usually AG1, my all-in-one nutritional insurance. I recommended it in The 4-Hour Body in 2010 and did not get paid to do so. I do my best with nutrient-dense meals, of course, but AG1 further covers my bases with vitamins, minerals, and whole-food-sourced micronutrients that support gut health and the immune system.

Right now, you’ll get a 1-year supply of Vitamin D free with your first subscription purchase—a vital nutrient for a strong immune system and strong bones. Visit DrinkAG1.com/Tim to claim this special offer today and receive your 1-year supply of Vitamin D (and 5 free AG1 travel packs) with your first subscription purchase! That’s up to a one-year supply of Vitamin D as added value when you try their delicious and comprehensive daily, foundational nutrition supplement that supports whole-body health.

This episode is also brought to you by Eight Sleep! Eight Sleep’s Pod Cover is the easiest and fastest way to sleep at the perfect temperature. It pairs dynamic cooling and heating with biometric tracking to offer the most advanced (and user-friendly) solution on the market. Simply add the Pod Cover to your current mattress and start sleeping as cool as 55°F or as hot as 110°F. It also splits your bed in half, so your partner can choose a totally different temperature.

Go to EightSleep.com/Tim and save $250 on the Eight Sleep Pod Cover. Eight Sleep currently ships within the USA, Canada, the UK, select countries in the EU, and Australia.

This episode is also brought to you by Wealthfront! Wealthfront is an app that helps you save and invest your money. Right now, you can earn 4.80% APY—that’s the Annual Percentage Yield—with the Wealthfront Cash Account. That’s more than eleven times more interest than if you left your money in a savings account at the average bank, according to FDIC.gov.

It takes just a few minutes to sign up, and then you’ll immediately start earning 4.8% interest on your savings. And when you open an account today, you’ll get an extra fifty-dollar bonus with a deposit of five hundred dollars or more. Visit Wealthfront.com/Tim to get started.

[07:10] The reverse bucket list.

[13:00] Intention without attachment.

[14:49] Writing Thích Nhất Hạnh’s obituary.

[17:30] Buddhist views through a Catholic lens.

[20:43] Blood occlusion training and physical fitness over 40.

[24:22] Arthur’s semi-mystical teenage experiences in Mexico.

[30:30] Arthur’s academic dad on complex vs. complicated.

[33:35] Happiness hygiene for genetically baseline gloominess.

[36:19] Happiness and unhappiness: hand in hand.

[39:31] Being effective with one’s affects.

[42:53] The three macronutrients of happiness.

[51:21] Identifying (and learning to live with) our idols.