Financial Sage: Why CONTENTMENT Is More Valuable Than HAPPINESS! | Morgan Housel EP 653

The Daily Motivation

Lewis Howes

Education, Self-improvement

4.8 • 893 Ratings

🗓️ 22 June 2024

⏱️ 9 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

"Save your money like a pessimist and invest your money like an optimist." -Morgan Housel In this eye-opening episode, acclaimed author and financial expert Morgan Housel shares his profound insights on the complex relationship between money, happiness, and the ever-present specter of uncertainty in our lives. With refreshing candor and hard-won wisdom, Morgan takes us on a thought-provoking journey through the psychological landscape of wealth, challenging conventional notions about success and offering a roadmap for navigating the inevitable ups and downs of our financial and emotional well-being. Through a series of captivating anecdotes and research-backed revelations, Morgan illuminates the transformative power of contentment, the surprising benefits of giving, and the importance of aligning our values with our spending habits. He also tackles the pervasive myth of scarcity, revealing how a mindset of abundance can help us weather life's storms and embrace the incredible rewards that await those who persevere. Tune in now and discover the keys to building true wealth, both in your bank account and in your heart!

Transcript

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0:00.0	Hey everyone this is Louis House and I am so excited to invite you to the
0:07.9	Summit of Greatness 2024 happening at the iconic Shrine Auditorium in Los Angeles, California.
0:14.5	This is more than just an event.
0:15.7	It's a powerful experience designed to ignite your passion, boost your growth,
0:20.1	and connect you with a community of other inspiring achievers.
0:23.2	Join us Friday, September 13th and Saturday, September 14th for two days packed with inspiration
0:28.8	and transformation from some of the most incredible speakers on the planet.
0:32.4	Don't miss out on this chance to elevate your life,
0:35.2	unlock your potential, and be part of something truly special. Make sure to get your tickets right now and step
0:40.8	into greatness with us at the Summit of Greatness 2024.
0:44.3	Head over to Louis House.com slash tickets and get your tickets today and I will see you there.
0:49.7	Hi my name is Louis House and welcome to the Daily Motivation Show.
1:02.1	Has your life gotten better or worse since you've made this much more?
1:05.0	I would say it has not made me happier.
1:08.0	It's probably made me more content, which you might confuse with happiness, but it's very different.
1:13.0	I don't think I'm happier in the sense that I don't wake up smiling more than I used to.
1:17.0	But I think I probably have fewer anxious days than I used to.
1:20.0	I say fewer because I still exist.
1:22.0	So I think it has removed anxiety
1:24.6	but it has not improved happiness. I think that for most people is what money
1:29.2	will do to them. Everyone's a little bit different, but I think that's actually a
1:32.3	pretty common thing.
	...

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