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How to Money

Are Experiences Better Than Stuff? #167

How to Money

iHeartPodcasts

Education, Investing, Business

4.63.2K Ratings

🗓️ 19 February 2020

⏱️ 48 minutes

🧾️ Download transcript

Summary

You won’t be surprised to hear that we’re critical of the consumeristic society we live in. Our culture wants us to believe that buying things will lead to greater levels of happiness. And maybe we’ve been convinced because 70% of the overall economy is driven by consumer spending. Here’s an alternate take though: our generation seems to value experiences more than stuff, but are experiences a better use of our money? Will we be able to find more happiness through greater spending on a cool trip or nicer clothes? Regardless, we definitely want to put our money towards the things we actually value because it turns out that the far reaching effects of mindless spending can leave you broke and wanting more from your experiences and stuff.

During this episode we enjoyed a Divided Sky Rye IPA by 4 Hands Brewing - a big thanks to Justin for donating this beer to the show! And if you enjoyed this episode, be sure to subscribe and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to spread the word to get more people doing smart things with their money!

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Transcript

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0:00.0

America loves its founding fathers, but that's a tough act to follow as a founding son.

0:05.7

I'm Bob Crawford. Join me, Patrick Warburton, and Nick Offerman, as we bring the sixth

0:11.1

president to life. Was there ever witnessed such a bare-faced corruption in any country before?

0:16.8

Let justice be done, though the heavens fall!

0:21.2

Listen to Founding Son, a curiosity podcast on the I Heart Radio app, Apple podcasts,

0:27.9

or wherever you get your podcasts.

0:30.6

What if you had the chance to change the past?

0:33.2

December 27, 1996?

0:36.8

And create the future you've always dreamed of.

0:41.3

Einhorn's epic productions and I Heart Radio bring you a new,

0:44.3

12-part scripted audio time travel adventure.

0:46.9

Join Nikki and her friends as they travel back to the 90s and change the past to save our future.

0:53.5

Listen to Nikki Fix's Time Mix on the I Heart Radio app, Apple podcasts,

0:57.2

or wherever you get your podcasts.

1:27.5

Welcome to How To Money. I'm Joel.

1:32.4

And I am Matt.

1:33.6

And today we're asking the question, are experiences better than stuff?

1:57.2

This is going to be a great episode. I want to tell you that right now. This is going to be a good

1:59.9

episode. Because for us, this is a question we ask ourselves, and I think this is a question

2:04.5

that a lot of our peers, a lot of folks in our generation, that they're wondering,

2:09.3

you know, this is something we've heard that experiences are better than stuff,

2:13.3

but this is something that we're going to dive into, and hopefully we're going to get to the bottom

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