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Something You Should Know

The Science of How You Spend Money & How to Set Boundaries People Will Respect

Something You Should Know

Mike Carruthers | OmniCastMedia

Science, Self-improvement, Social Sciences, Health & Fitness, Education

4.5 • 4.3K Ratings

🗓️ 26 July 2021

⏱️ 53 minutes

🧾️ Download transcript

Summary

Do you like your signature? What message does it send to the people who see it? This episode begins with some insight into how other people might make assumptions about you based solely on how you sign your name. https://graciousliving.typepad.com/the_write_event/2003/11/what_does_your_.html Do you spend money on things that really make you happy? Is another pair of shoes or pair of pants really going to make a positive difference in your life? We often think so at the time of purchase but pretty soon those things sit in the closet like all the other clothes and shoes and we rarely think about them. Being more deliberate in what we choose to buy can really make a difference in our overall happiness according to research by Michael Norton who has been researching how and why people spend their money and what it does or doesn’t do for them. Michael is a professor at Harvard Business school and author of the book Happy Money: The Science of Happier Spending  (https://amzn.to/3iFzDOq) It is sometimes difficult to set boundaries for yourself that people will honor. Yet, if you don’t set boundaries, you run the risk of people walking all over you or taking advantage. So how can you create boundaries people will respect without coming off as inflexible and unhelpful? Here with some great advice on this is Terri Cole, she is a licensed therapist, relationship expert and author of the book Boundary Boss: The Essential Guide to Talk True, Be Seen, and (Finally) Live Free  (https://amzn.to/3x32PUJ) When you go to a restaurant, there is a lot going on behind the scenes that you never see. Listen as I reveal some of the results of a survey of restaurant kitchen staff that reveals some interesting secrets of the way restaurants work, that you likely never knew. https://abcnews.go.com/Business/13-secrets-waiter-tips-menu/story?id=16948508 PLEASE SUPPORT OUR SPONSORS! We really enjoy The Jordan Harbinger Show and we think you will as well! There’s just SO much here. Check out https://jordanharbinger.com/start for some episode recommendations, OR search for The Jordan Harbinger Show on Apple Podcasts, Spotify or wherever you listen to podcasts.  Save time, money, and stress with Firstleaf – the wine club designed with you in mind! Join today and you’ll get 6 bottles of wine for $29.95 and free shipping! Just go to https://tryfirstleaf.com/SOMETHING Get 10% off on the purchase of Magnesium Breakthrough from BiOptimizers by visiting https://magbreakthrough.com/something Go to https://RockAuto.com right now and see all the parts available for your car or truck. Write SOMETHING in their “How did you hear about us?” box so they know we sent you! https://www.geico.com Bundle your policies and save! It's Geico easy! Search for Home. Made., an original podcast by Rocket Mortgage that explores the meaning of home and what it can teach us about ourselves and others.  Learn about investment products and more at https://Investor.gov, your unbiased resource for valuable investment information, tools and tips. Before You Invest, https://Investor.gov. Visit https://www.remymartin.com/en-us/ to learn more about their exceptional spirits! Visit https://ferguson.com for the best in all of your plumping supply needs! Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Do you own or rent your home?

0:02.7

Sure you do, and I bet it can be hard work.

0:06.1

You know it's easy.

0:07.7

Bundling policies with Geico.

0:10.0

Geico makes it easy to bundle your homeowners or renters insurance along with your auto

0:15.0

policy.

0:16.2

It's a good thing too because you already have so much to do around your home.

0:21.2

Go to Geico.com.

0:23.1

Get a quote and see how much you could save.

0:25.8

It's Geico Easy.

0:27.5

Visit Geico.com today.

0:30.1

That's Geico.com.

0:31.3

Today on something you should know, people make assumptions about you based on your signature.

0:40.0

So what does your signature say about you?

0:42.8

Then how to buy things that really make you happy because we often buy things that don't.

0:48.9

As people get older they tend to buy larger living spaces.

0:52.3

The size of your house lots of research shows is completely uncorrelated with how happy

0:56.3

you are with your life.

0:57.6

It feels like a nicer house would be better for you, but when you look at the data it doesn't

1:02.1

seem to do much for us.

1:03.8

Also a peak behind the curtain to reveal what goes on in restaurants that you never see

1:09.7

and the importance of setting clear boundaries that other people will respect.

...

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