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Can Money Really Buy Happiness? Yes It Can!
Manage episode 407364471 series 3559760
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Can money really buy happiness? In today's episode, hosts Deb Turton and Guy Daigneault discuss the role of money in people's happiness. They assess whether making more money can make you happier and ways new experiences can bring you lasting joy.
- Guy starts the conversation by describing the amount of money it would take to guarantee happiness.
- According to Guy, making more money does not necessarily lead to more happiness - but earning below $75,000 can lead to unhappiness.
- For Deb, the stress of making less money makes people assume that more money can bring happiness.
- Guy highlights the role of inflation and how it's impacting the way we make money.
- Deb and Guy agree that people need to understand that we're not living in a utopia where everything is perfect.
- Guy breaks down hedonic adaptation - what it is and how it affects our pursuit of happiness.
- Guy and Deb assess whether material possessions can make a person happy.
- Deb talks about the reasons experiences make people happier than possessions.
- For Guy, focusing more on positive experiences can help relieve stress and make you feel good about yourself.
- Deb shares a story of when her kids chose a trip to Paris instead of Christmas gifts - and how the trip became her kid's most memorable Christmas.
- Guy reveals why he believes comparing yourself is the fastest way to become unhappy.
- Guy talks about the benefits of working for money in areas you're passionate.
- Can money buy happiness? Deb feels it can because you need money to pay for the experiences that make you happy.
- Deb reveals strategies you can use to define and find your own happiness.
Mentioned in This Episode:
Discover Your Happiness Score - TheHappinessAlgorithm.com/happiness-score
TheHappinessAlgorithm.com/show
The Happiness Algorithm on Instagram - @happinessalgorithm
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