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S14 E7 Morgan Housel: The Psychology of a Richer Life

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Manage episode 516623095 series 2410362
Content provided by Patrick J. McGinnis. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Patrick J. McGinnis or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

What does it really mean to live a “rich” life? In this episode of FOMO Sapiens, Patrick McGinnis talks with Morgan Housel, bestselling author of The Psychology of Money and The Art of Spending Money. Morgan shares a deeply personal and counterintuitive perspective on wealth, exploring not only what money can do, but, more importantly, what it can’t. He reflects on why the drivers of true happiness (love, health, sleep, admiration) aren’t for sale, and why chasing status can leave us unfulfilled. Instead, Morgan offers practical insights into the “art” of spending: how to avoid expectations debt, how to tell utility from status, and why happiness is best defined as what you have minus what you want. From parenting lessons about money to the hidden risks of financial FOMO, Morgan challenges the conventional wisdom of wealth. This episode will change the way you think about money, happiness, and the choices that shape a meaningful life.

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

523 episodes

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Manage episode 516623095 series 2410362
Content provided by Patrick J. McGinnis. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Patrick J. McGinnis or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

What does it really mean to live a “rich” life? In this episode of FOMO Sapiens, Patrick McGinnis talks with Morgan Housel, bestselling author of The Psychology of Money and The Art of Spending Money. Morgan shares a deeply personal and counterintuitive perspective on wealth, exploring not only what money can do, but, more importantly, what it can’t. He reflects on why the drivers of true happiness (love, health, sleep, admiration) aren’t for sale, and why chasing status can leave us unfulfilled. Instead, Morgan offers practical insights into the “art” of spending: how to avoid expectations debt, how to tell utility from status, and why happiness is best defined as what you have minus what you want. From parenting lessons about money to the hidden risks of financial FOMO, Morgan challenges the conventional wisdom of wealth. This episode will change the way you think about money, happiness, and the choices that shape a meaningful life.

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

523 episodes

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