In this episode, we dive into the science behind the actual cost of happiness and reveal why so many of us are spending our money on the wrong things.

We share personal stories, explore fascinating research, and offer practical strategies for aligning your spending with your values to create a life of genuine joy and fulfillment.

🎯 Key Takeaways:

• We discuss the story of the Mexican Fisherman, which challenges conventional wisdom about success and happiness

• We share our own "joy lists" – the 10 things that bring us the most happiness, which we actually spend money on

• We explore the concept of hedonic adaptation and how it keeps us on the hedonic treadmill, always seeking the next big thing

• We share the powerful story of Don and Wendy, two college friends whose divergent paths reveal the incredible impact of small financial decisions over time

• We discuss the $75,000 happiness threshold and why more money won't necessarily make you happier beyond a certain point

Resources Mentioned:

• The 4-Hour Work Week by Tim Ferriss (book) - https://amazon.com/4-Hour-Work-Week-Escape-Anywhere/dp/0091929113

• Retire Before Mom and Dad by Rob Berger (book) - https://amazon.com/Retire-Before-Mom-and-Dad-audiobook/dp/B07XT6BZJS/

• Topo Chico (sparkling mineral water) - https://coca-cola.com/us/en/brands/topo-chico/products/mineral-water

• Pie Town Tacos (local taco shop in our area) - https://pietowntacos.com

• 14-Point Checklist to Give $1M by Age 40 - https://seedtime.com/give1m

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Watch this episode on our SeedTime Money Podcast YouTube channel (https://youtu.be/LGtdftpt0yQ)!

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