The Unexpected Laws of Personal Finance - Morgan Housel

Morgan Housel is a partner at The Collaborative Fund, an investor and an author. Why is spending money well a skill most people never learn? In a world obsessed with saving, why does saying “it’s okay to spend” still feel taboo? What can high performers teach us about investing not just money, but time, energy, and attention wisely? Expect to learn why it’s important to talk about how to spend money well when learning about personal finance, why good financial ideas struggle to spread while bad ones travel effortlessly, what Morgan’s definition of success is, how much modern dissatisfaction comes from comparing ourselves to people we don’t actually want to be like, the real relationship between money and happiness with nuance, why it’s so hard to find people who have managed to be wealthy, successful, happy and peaceful and much more… - 0:00 What Your Spending Habits Say About You 6:28 Will a Big House Make You Happy? 10:22 The Surprising Truth About Money and Happiness 21:35 Is Wealth Actually Measurable? 28:11 Why We’re So Hard On Ourselves About Money 34:01 The Relationship Between Money and Status 39:59 Can You Train Yourself to Feel Financially Content? 49:46 What Really Makes People Happy? 54:13 Is Inheritance a Hidden Burden? 01:04:59 The Smartest (and Dumbest) Ways to Spend Your Money 01:12:03 The Transformative Power of Storytelling 01:24:51 Why Anger Makes You Feel Superior 01:32:29 Do Men and Women Build Wealth Differently? 01:37:28 The Biggest Money Mistakes Parents Make 01:42:49 How the Housing Crisis Shaped a Generation 01:52:25 Why People Are Afraid to Spend Money 01:59:34 Where to Find Morgan - Get a Free Sample Pack of LMNT’s most popular flavours with your first purchase at https://drinklmnt.com/modernwisdom Get up to $350 off the Pod 5 at https://eightsleep.com/modernwisdom Get 35% off your first subscription on the best supplements from Momentous at https://livemomentous.com/modernwisdom New pricing since recording: Function is now just $365, plus get $25 off at https://functionhealth.com/modernwisdom - Get access to every episode 10 hours before YouTube by subscribing for free on Spotify - https://spoti.fi/2LSimPn or Apple Podcasts - https://apple.co/2MNqIgw Get my free Reading List of 100 life-changing books here - https://chriswillx.com/books/ Try my productivity energy drink Neutonic here - https://neutonic.com/modernwisdom - Get in touch in the comments below or head to... Instagram:   / chriswillx   Twitter:   / chriswillx   Email: https://chriswillx.com/contact/