How To Handle the Feeling of Never-Enough, Quiet the Comparing Mind, and Reduce Financial Anxiety | Morgan Housel
Episode Description
A financial psychology expert on the science of contentment.
Morgan Housel is the New York Times Bestselling author of The Psychology of Money and Same As Ever. He's a partner at The Collaborative Fund, serves on the board of directors at Markel and is host of The Morgan Housel Podcast. His new book is The Art of Spending Money: Simple Choices for a Richer Life.
In this episode we talk about:
- What "irrational" spending habits really tell us
- How to manage money ambition with sanity
- How to use scarcity to your advantage
- A useful equation for finding contentment
- The key defense against envy
- How to minimize future regret
- Why young people should check their bank accounts more often
- How to talk to your kids about money
- How to disconnect self-worth from financial worth
- And more
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