1766: [Part 2] How to Buy Happiness by David Cain of Raptitude on Intentional Spending

Optimal Finance Daily - Financial Independence and Money Advice

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Investing, Business, Education, Self-improvement

4.4 • 1.3K Ratings

🗓️ 9 January 2022

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

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Summary

David Cain shares how some purchases actually do bring him happiness, even when they are ridiculously expensive. This is part 2 of 2. Episode 1766: [Part 2] How to Buy Happiness by David Cain of Raptitude on Intentional Spending David Cain is a writer and entrepreneur living in Winnipeg, Canada. On a particular boring day at his office job in 2009, he started Raptitude. His interest has always been human society and the internal human experience, and Raptitude became his megaphone for his thoughts about those things. It found an audience rather quickly and it’s been central to his life ever since. In 2013, he left his day job to write full time. The original post is located here: http://www.raptitude.com/2012/03/how-to-buy-happiness Visit Me Online at OLDPodcast.com Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is Optimal Finance Daily, Episode 1766.
0:04.6	How to Buy Happiness, Part 2 by David Kane of Raptitude.com
0:10.4	And I'm your host and personal finance enthusiast, Diana Mariam.
0:14.9	Now today's post is a continuation from yesterday.
0:18.4	So if you're new here, I'd recommend listening to yesterday's episode first.
0:23.4	But if you're all caught up, let's hear Part 2 and continue optimizing your life.
0:30.0	How to Buy Happiness, Part 2 by David Kane of Raptitude.com
0:39.6	We just have to remember that it's not the money that has value.
0:44.2	Money has no value except what you can trade it for.
0:48.2	Most of the time, we're trading our money for things,
0:51.7	objects such as cars, shoes, and microwaves.
0:55.5	Most of the rest of it is exchanged for services,
0:58.6	bus rides, massages, carpet cleaning.
1:01.6	But we purchase those goods and services only for the experiences they can lend us,
1:07.1	or spare us.
1:08.9	Value amounts to positive experiences.
1:12.1	Wealth is ultimately the capacity to create worthwhile experiences in life
1:17.5	and to prevent bad experiences.
1:20.4	There's nothing of value except experiences and assets that can continue to supply good experiences.
1:28.3	That's all money is good for.
1:30.5	If you can stay conscious of what the real life value of your purchase really is,
1:36.0	in terms of the experience it offers, then you can find enormous leverage in what investments
	...

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