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10% Happier with Dan Harris

How To Handle the Feeling of Never-Enough, Quiet the Comparing Mind, and Reduce Financial Anxiety | Morgan Housel

10% Happier with Dan Harris

10% Media, LLC

Health & Fitness, Mental Health

4.612.9K Ratings

🗓️ 23 February 2026

⏱️ 74 minutes

🧾️ Download transcript

Summary

A financial psychology expert on the science of contentment.

 

Morgan Housel is the New York Times Bestselling author of The Psychology of Money and Same As Ever. He's a partner at The Collaborative Fund, serves on the board of directors at Markel and is host of The Morgan Housel Podcast. His new book is The Art of Spending Money: Simple Choices for a Richer Life

In this episode we talk about:

  • What "irrational" spending habits really tell us
  • How to manage money ambition with sanity 
  • How to use scarcity to your advantage
  • A useful equation for finding contentment
  • The key defense against envy 
  • How to minimize future regret
  • Why young people should check their bank accounts more often
  • How to talk to your kids about money
  • How to disconnect self-worth from financial worth 
  • And more

 

Related Episodes:

 

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Transcript

Click on a timestamp to play from that location

0:00.0

This is the 10% Happier Podcast. I'm Dan Harris.

0:18.2

Hey, hey, everybody. How we doing?

0:23.9

We are coming back today to a subject that I personally find inexhaustibly interesting and that I will never want to stop talking about, or at least I don't think I will.

0:30.3

And that subject is money anxiety. Money is just such a powerful source of suffering and neuroses in my life and in so many of our lives.

0:42.9

And so today I'm going to talk to one of the smartest people I know on this subject about how to use money in ways that can actually boost and bolster your happiness instead of sapping your well-being.

0:54.9

Just to say, and you're going to hear me address this right at the top of the interview,

0:59.0

this is not just a conversation for people who have a lot of money.

1:03.4

This is for everyone.

1:04.6

We all have to interact with money unless we're Buddhist monks or something like that.

1:09.3

And so how can we do this with a level of sanity?

1:13.5

And even, and this is the tantalizing proposition my guest holds out, even interact with money

1:18.4

as a neutral tool that can actually make us happier. Said guest is Morgan Housel. This is

1:24.5

Morgan Housel's second appearance on the show. You may have heard of him. He's the author of

1:29.9

the huge New York Times bestselling book, The Psychology of Money. He's now back with a new book

1:34.8

called The Art of Spending Money. In this conversation, we talk about what our seemingly irrational

1:40.5

spending habits really tell us, how to manage your money ambition with some degree of

1:46.0

sanity, how to use scarcity to your advantage, a useful equation for finding contentment, the key

1:52.4

defense against envy, how to minimize future regret, why young people should check their

1:58.0

bank accounts more often, how to talk to your children about money,

2:01.3

how to separate yourself worth from your financial worth, and much more. I mentioned the word

2:07.2

sanity. If you're interested in sanity, I've got a meditation app for you. It's called 10% with

2:11.5

Dan Harris. You can sign up at Danharris.com. There's a free 14-day trial. If you want to check

...

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