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The Clark Howard Podcast

05.26.22 Money & The Happiness Quotient / Concert Ticket Pricing

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.65.2K Ratings

🗓️ 26 May 2022

⏱️ 28 minutes

🧾️ Download transcript

Summary

A perpetual debate: Can money buy happiness? Clark discusses survey findings on the matter and the role of money in personal freedom and happiness. Also, with concerts and events back in full swing, many aiming to get out aren’t happy with ticket prices, but understanding how the industry operates can help you save. Hear how bucket system pricing in the concert industry is based on dynamic demand - and what that means to ticket buyers.  Money & Happiness: Segment 1 Ask Clark: Segment 2 Concert Ticket Pricing : Segment 3 Ask Clark: Segment 4 Mentioned on the show: Thrift Savings Plan: Home Can Credit Repair Companies Really Raise Your Score? 6 Things To Know Before Contacting the National Foundation for Credit Counseling Have you joined Clark's 'Ditch Your Debt' Facebook group yet? How To Open a Roth IRA Best Investment Companies for Investors in 2022 Checking monthly statements key defense against credit card hacks Clark.com resources Episode transcripts Clark.com daily money newsletter Consumer Action Center Free Helpline: 636-492-5275 Learn more about your ad choices: megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

It's my pleasure to welcome you to the car Howard Shower.

0:07.9

Our mission is to serve you and empower you so you make better financial decisions in

0:13.0

your life.

0:14.0

Today, I want to talk about something that's always been a big debate.

0:18.2

Does money make you happy?

0:21.8

Something I know makes a lot of people very happy.

0:25.1

And the music concerts are back, but it can cost you a big box to go to one.

0:32.2

I'm going to address that later.

0:34.5

So what makes people happy?

0:37.3

It's been a lot of deep dive surveys lately because a lot of people, you know, there's

0:42.8

so many things where people reassess their lives with COVID.

0:48.8

And you know, surveys says 80% of Americans believe that making more money automatically

0:58.0

makes you happier.

1:00.6

And the reality is once you've met the basics of life, whatever you consider to be the

1:07.7

basics to be, more money doesn't actually make you happier.

1:13.8

Study after study have shown that.

1:15.7

I think it's important for me to talk about that because there's a tendency for people

1:21.1

to misunderstand when you do what I do for a living that somehow I think money is a

1:28.4

God.

1:29.4

No, no, learning how to manage your money, learning to save money, learning to control the debts

1:37.6

you have, planning for your future, all those things.

1:41.6

Those are all things that are just way stations to get you to where you can make the choices

...

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