The Hidden Cost of Wealth: How Money Rewires Your Mind With Dave Verhaagen
Negotiate Anything
American Negotiation Institute
4.7 • 748 Ratings
🗓️ 17 February 2026
⏱️ 86 minutes
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| 0:00.0 | Have you ever caught yourself imagining what life would be like if you were rich and famous? |
| 0:04.9 | Oftentimes we think that everything would finally feel good and you would finally feel like you had enough. |
| 0:10.2 | But by the end of this conversation, I guarantee you that you're going to see that desire in a |
| 0:15.1 | completely different light. Our guest today is Dr. Dave Verhagen, a board-certified psychologist, founding partner of a |
| 0:22.8 | major practice with offices in Charlotte and Nashville, and author of Working with the Wealthy |
| 0:27.8 | and Well-known, a rare deep dive into what fame and wealth really do to a person's identity, |
| 0:34.6 | relationships, and inner lives. In this episode, we'll explore a powerful |
| 0:38.9 | definition of the good life, one that doesn't fall apart when stress, setbacks, and success all collide. |
| 0:45.2 | So you stop negotiating from insecurity and start negotiating from strength, and how to take |
| 0:50.2 | back control in conversations when someone with status or influence tries to pull |
| 0:55.0 | one over on you. |
| 0:56.0 | Dave has been in the rooms with celebrities, high achievers, performers, and prominent professionals |
| 1:01.0 | and he'll unpack why the pursuit of status so often ends in dissatisfaction, how wealth |
| 1:08.0 | can subtly rewire your mind, and one key warning sign that shows that |
| 1:12.9 | you're about to get played. Let's jump in. The thing that has been really occupying my head |
| 1:22.0 | this last year is this idea of the psychologically rich life. And it isn't talking about financial riches. It's |
| 1:31.1 | talking about having rich experiences. So historically, there has been kind of two ways of |
| 1:39.5 | thinking about what does it mean to live a good life. There has been the, we call it the hedonic, like hedonism. And we think of hedonism as being something bad, you know, like doing a lot of cocaine and orgies and things. But hedonism is actually, you know, anything that is pleasurable, anything that is good, like having a good conversation or a great meal or enjoying art. |
| 2:05.2 | And so that was the dominant way of thinking about the good life, which is the good life is a life where you're happy. |
| 2:12.6 | It's where you're satisfied, where you enjoy things. |
| 2:15.9 | And then there was a competing idea, and the Greek word was |
| 2:20.3 | eudamonic, but it really, it meant flourishing, but really what that had to do with, as it was |
... |
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