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Optimal Living Daily - Personal Development and Self-Improvement

3497: Have You Been Spending All Your Money on Something Free? by Elsie with Keep Thrifty

Optimal Living Daily - Personal Development and Self-Improvement

Optimal Living Daily LLC

Education, Mental Health, Self-improvement, Health & Fitness

4.63.2K Ratings

🗓️ 16 February 2025

⏱️ 12 minutes

🧾️ Download transcript

Summary

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3497: Elsie explores the difference between joy and happiness, revealing how our consumer-driven mindset tricks us into spending money on things that don’t truly fulfill us. By shifting our focus to the present moment, embracing gratitude, and valuing experiences over possessions, we can cultivate a lasting sense of contentment without spending a dime. Read along with the original article(s) here: https://www.keepthrifty.com/2016/07/21/spending-on-free.html Quotes to ponder: "Happiness and joy cost $0." "Trying to be happy by accumulating possessions is like trying to satisfy hunger by taping sandwiches all over your body." "Take hold of your own life. See that the whole existence is celebrating. The trees are not serious, the birds are not serious. The rivers and the oceans are wild, and everywhere there is fun, everywhere there is joy and delight." Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Here's the truth about AI. AI is only as powerful as the platform it's built into. Service Now puts AI to work for people across your business, removing friction and frustration for your employees, supercharging productivity for your developers, providing intelligent tools for your service agents to make customers happier, all built into a single platform you can

0:22.0

use right now. That's why the world works with ServiceNow. Visit ServiceNow.com

0:27.9

slash UK slash AI for people. This is Optimal Living Daily. Have you been spending all your money

0:35.0

on something free? By Elsie with keepthrifty.com.

0:39.2

And I'm Justin Mollick.

0:40.6

I read to you every day of the year, including holidays,

0:43.2

but on Sundays I share an extra episode from a different podcast

0:46.8

than our optimal network.

0:48.6

And today's episode is coming from our podcast covering all things money,

0:52.5

Optimal Finance Daily.

0:54.4

So with that, let's get right to the bonus episode and Diana's commentary as we optimize

0:58.9

real life.

1:03.5

Have you been spending all your money on something free by Elsie with keepthrifty.com.

1:10.4

As a personal finance writer, you'd think I'm mostly write about saving and investing,

1:15.3

maybe a budget here and there.

1:17.6

What I end up writing about most often, though, is happiness, contentedness, and fulfillment.

1:23.6

The reason why I end up writing about these things is it's the number one way people get

1:28.2

off track with money. They mistake wants for needs and luxuries for necessities. As Mr. Money

1:35.1

Mustash puts it, if your life doesn't suck in a way that would be improved by an object,

1:40.7

that object isn't going to make you happier. If I have to walk five miles to work every day,

1:46.2

any car would improve my personal happiness quite a bit. But if I already have a car, an Audi

1:52.0

will not increase my happiness. We are irrational human beings, and we forget this simple fact

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