Why More Money Doesn't Mean More Happiness—And What Does With Daniel Crosby (EP.174)

Do you feel like something's missing, even with a solid financial foundation? Or wonder if there's a better way to use your money for happiness?

 

In this episode, I sit down with Daniel Crosby, Ph.D., behavioral finance expert and author of The Soul of Wealth, to discuss why the traditional approach to money often leaves us wanting more—and what actually leads to lasting satisfaction. Tune in to learn how to align your financial journey with deeper values, break free from social comparison, and take practical steps toward a more meaningful, joy-filled life.

 

Listen now and learn:

• The best way to spend money on yourself

• How social comparison impacts financial decisions

• Why relationships have such a powerful impact on financial well-being

 

Visit www.TheLongTermInvestor.com for show notes, free resources, and a place to submit questions.

 

[0:30] The Inspiration Behind The Soul of Wealth 

[2:10] Charitable Giving and the Path to Abundance  

[05:15] Investing in Your Well-Being and Personal Development

[10:10] The Impact of Social Comparison on Financial Decisions  

[17:00] Developing Better Habits for Financial Success

[23:00] The Power of Relationships in Wealth and Happiness

[27:30] The Link Between Money and Happiness 

[33:20] Continual Learning and the Power of Novelty