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The Tai Lopez Show

Does Money Bring Happiness?

The Tai Lopez Show

Tai Lopez

Business

4.86.9K Ratings

🗓️ 9 March 2023

⏱️ 26 minutes

🧾️ Download transcript

Summary

Most people who don’t have an abundance of money think that money will bring them more happiness.

This episode explores the relationship between money and happiness. How much money is too much before it becomes a burden and steals your happiness?

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Transcript

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0:00.0

It does money bring happiness. It does money make you happy. The eternal question

0:07.2

people have asked since the beginning of money and even before. Let's talk

0:14.4

about it. Give me my opinion. Welcome to the show. Long time Lopez and I divide my

0:23.5

episodes and kind of my life focus up during the week six days a week into the

0:29.3

four pillars of the good life. So Monday I read books about health, record content

0:35.7

about health, physical health, and Tuesday's wealth, Wednesday's love, social,

0:41.3

and then today Thursday things about happiness. Then Monday go back to health.

0:47.3

I sorry Friday go back to health Saturday. Wealth. So some subjects I hit twice a

0:53.2

week. But this is an important one. You know, like Freud said in his book

0:58.8

civilization is discontent as to the you know, somebody said to him, what's the

1:04.5

purpose of life? And he said this question has been asked without end. And nobody's

1:09.5

been able to come up with a sufficient answer maybe because it's an unanswerable

1:13.0

question. But he said the behavior of men and women shows you what they seek,

1:17.9

which is different than what's the purpose and what they seek. He says is happiness.

1:25.7

They seek pleasure and to avoid pain. Right. Pain comes in three main forms. He

1:33.4

says, but that's for another episode. Let's talk about does money really bring

1:38.7

happiness. So I'll give you what I call I like the short long version. So I'm

1:45.1

gonna get short answer. And the short answer is up to a point. And there's a lot

1:51.6

of science on this Daniel Conman, the noble fries winner has written about this,

1:56.1

you know, extensively, is it economists slash, you know, delves into evolutionary

2:02.9

psychology biology basically says, look, you know, if you graph happiness based on

2:11.0

income, you see kind of diminishing returns at some point. I think at one point,

...

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