How to Spend Money to Buy Happiness

Growth Mindset Psychology: The Science of Self-Improvement

Learn the economics of satisfaction, according to psychology.

Our earliest lessons in life include that money can't buy happiness. But is that completely correct?

We explore tactics to change your spending that can boost your mood on both a daily level and additionally build a longer-term sense of content satisfaction. Learning how to escape the nudges of advertising and society's expectations of spending and instead live in line with your values and priorities.

Everyone has different needs and is operating on different levels. These rules help you learn to experiment to find what will work for you and build your own answers to important questions that can improve the quality of your life.

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Recommended Resources

• Upside of Irrationality - Daniel Ariely
• Psychology of Money - Morgan Housel
• National Park Rescue - Wildlife preservation charity

Related Episodes

• Money Traps: Cognitive Biases affecting your finances - 19th May 2024
• 14 Habits Keeping You Poor: How the brain learns - 40th April 2023
• Doing the Difficult Thing: Dr Niall McCann - Director National Park Rescue - 13th June 2019

Meet Sam

• Free Call - Schedule Link

Growth Mindset Psychology:

Sam Webster explores the psychology of happiness, satisfaction, purpose, and growth through the lens of self-improvement.

• Watch - YouTube (Growth Mindset)
• Website - GrowthMindsetPodcast.com

Chapters:

00:00 The Debate: Can Money Buy Happiness?

02:19 Exploring the Psychology of Money and Happiness

04:25 #1: Spend on Experiences, Not Things

08:09 #2: Invest in Relationships

10:15 #3: Prioritize Health

12:30 #4: Buy Time to Reduce Stress

15:41 # 5: Make Smaller, Frequent Purchases

18:27 #6 Don't Sweat the Small Stuff

21:35 #7 Delaying Gratification to Build Anticipation

24:06 #8 Investing in Yourself

25:53 #9 Spending on Enabling Activities

27:30 #10 Give Back to Others & Charity

29:49 #Bonus - Exploring Novel & Weird Spending Habits

33:43 Note - The Influence of Personal History and Social Dynamics

35:19 Conclusion - Aligning Spending with Values

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