How To Buy Happiness
Frugal Friends Podcast
Jen Smith & Jill Sirianni | Backyard Ventures
4.6 • 1.2K Ratings
🗓️ 5 July 2022
⏱️ 62 minutes
🧾️ Download transcript
Summary
Some say money can't buy happiness, but what if it can? Today we're talking 'happy money principles' and ways to align your dollars with your values and use money as a resource to experience greater intentionality with your spending.
Sponsors:
- As if it wasn’t hard enough to source our own sponsors, now the world has fallen apart and there are no ad budgets for podcasts. While we look for our next sponsor here’s how you can financially support us without giving us your money.
- 1st is to buy a discounted gift card from Raise. Raise sells gift cards at a discounted price to all kinds of places. Find a store you’d shop at anyways and you can save money right off the top by using a discounted gift card to purchase it! When you use our referral link: frugalfriendspodcast.com/raise you’ll get $5 to spend and we will too!
- Sign up for Rakuten and spend $25 at any online store they offer cash back at. Sign up at frugalfriendspodcast.com/rakuten and download the chrome extension to see every time Rakuten offers cash back at a store. When you spend $25 through rakuten you earn $10 CASH MONEY! So that’s one way you can help us without spending any money beyond what you’ve already budgeted for.
- it’s what makes me happy and it’s what repels cavities. Chewing gum, it’s a win-win.Chewing Gum:
Notable Notes:
What the Internet has to say:
This article from Forbes provides us with 5 principles of happy money
What Jen + Jill have to say:
- 1. Buy experiences- “research shows that material things turn out to provide less happiness than experiential purchases.”
- 2. Make it a treat- “When something is always available people are less inclined to appreciate it. Look for ways to turn your favorite things into a treat again. This may mean cutting back on them for a while.” #absencemakestheheartgrowfonder
- 3. Buy time- “outsource your dreaded tasks in order to have more time to follow your passions. If money is an issue, consider outsourcing things like cleaning the house so you can work more and earn more money to pay for the house being cleaned.”
- 4. Pay now, consume later- “By paying up front and delaying consumption, you can buy more happiness even as you spend less money. Because delaying consumption allows spenders to reap the pleasures of anticipation without the buzzkill of reality, vacations provide the most happiness before they occur.”
- Provides something to look forward #hope
- 5. Invest in others- “Research has shown that spending money on others provides a bigger happiness boost than spending money on yourself.”
More from the Internet
This article from INC provides us with some top tips for 'happy spending'
More from Jen + Jill
- 1. Spend it on extra time- hire a housekeeper, virtual assistant, splurge for grocery delivery
- 2. Spend it on a great experience- just because physical things last longer doesn’t mean they bring happiness for a longer period of time. When creating your budget, prioritize at least 1 experience each month.
- 3. Spend it with someone you care about
- BUT SPEND WITHIN YOUR MEANS
- 4. Spend it on someone else - 'tis better to give than to receive
BILL OF THE WEEK - Thanks Olivia for sharing about your $2 bill that you used to FILL UP the gas tank on your scooter!
- frugalfriendspodcastIf you want to submit your bill of the week visit
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Transcript
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| 0:00.0 | Do do do do do |
| 0:04.0 | We all know what that music means. It's time for the Olympics in Paris. |
| 0:10.0 | I'm Matt Rogers and I'm Boen- Yang and we're doing an Olympics podcast. |
| 0:15.0 | Uh, yeah. We're hosting the two guys Five Rings podcast. |
| 0:19.6 | Watch every moment of the 2024 Paris Olympics beginning July 26th on NBC and |
| 0:24.6 | peacock and for the first time you can stream the 2024 Paris games on the |
| 0:28.7 | I-Heart Radio app and listen to two guys five rings on on the I Heart Radio app, Apple |
| 0:33.7 | podcast or wherever you get your podcast. |
| 0:36.0 | I'm Andrea Gunning, host of the all new podcast |
| 0:39.7 | There and Gone. |
| 0:40.9 | It's a real life story of two people who left a crowded Philadelphia bar |
| 0:45.9 | walked to their truck and vanished. A truck and two people just don't disappear. |
| 0:52.1 | The FBI called it Murder for Hire, but which victim |
| 0:55.8 | was the intended target and why? Listen to Thereon Gone South Street on the I Heart |
| 1:01.4 | Radio app, Apple Podcasts, or wherever you get your podcasts. |
| 1:07.0 | Episode 220 is episode 114, How to buy happiness. |
| 1:19.0 | Welcome to the Frugal Friends Podcast, where you'll learn to save money, |
| 1:21.0 | embrace simplicity, and live a ritual life. |
| 1:26.6 | Here are your host Jen and Jill. |
| 1:30.6 | Mm-hmm. |
| 1:31.6 | Welcome to the Frugal Friends Podcast. My name is Jen. My name is Jill. And today we are |
| 1:39.6 | re-erring a listener favorite and it is how to buy happiness you thought it couldn't be |
... |
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