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Listen "The Key isn’t Wanting Less, It’s Wanting Differently. - Dr. Daniel Crosby"
Episode Synopsis
Is wealth a means to happiness or a barrier to a fulfilling life?
This provocative question sets the stage for an enlightening conversation between Jerome Myers and Dr. Daniel Crosby, a leading authority on behavioral finance. Together, they unpack the paradox of wealth, exploring why money often feels like the ultimate goal yet rarely delivers the satisfaction we expect.
Through stories, scientific insights, and practical frameworks like the PERMA model for human flourishing, the discussion reveals the hidden costs of chasing financial success and the transformative power of aligning wealth with purpose, relationships, and growth.
[00:00 - 06:32] Liquid Happiness: The Psychology of Money
Money is valued for its measurability
We treat money like "liquid happiness"
Achieving financial goals often feels hollow
[06:33 - 16:08] The PERMA Model: A Framework for Flourishing
Positive emotions and engagement foster happiness
Relationships and meaning are essential for growth
Losing purpose post-exit impacts well-being
[16:09 - 30:28] The Biology of More: Why We Strive Relentlessly
Evolution drives us to want more
Hedonic adaptation makes wealth less impactful
Pursue meaningful goals for lasting joy
[30:29 - 39:52] Money and Happiness: What the Research Reveals
Happiness increases with income up to $100,000
Spending on experiences and giving brings joy
Avoiding unpleasant tasks boosts satisfaction
[39:53 - 50:08] Aligning Wealth with Purpose: The Path to True Fulfillment
Purposeful spending leads to better decisions
Wealth should deepen relationships and growth
Reflecting on “why” enriches outcomes
Key Quotes:
"Generosity is the path to abundance—it’s true in every major faith and backed by psychological research." - Dr. Daniel Crosby
“The key isn’t wanting less—it’s wanting differently." - Dr. Daniel Crosby
Connect with Dr. Daniel!
Website:https://www.linkedin.com/in/danielcrosby
Book: The Soul of Wealth - https://a.co/d/47R5m5X (Amazon)
LEAVE A REVIEW + help someone who wants to expand their business growth by sharing this episode or listening to our previous episodes.
Dreamcatchers is a welcoming group focused on personal growth rather than fitting into a specific demographic. It attracts a diverse crowd from various backgrounds and ages, united by the desire to achieve more. Learn more at https://exittoexcellence.com/
Learn more about your ad choices. Visit megaphone.fm/adchoices
This provocative question sets the stage for an enlightening conversation between Jerome Myers and Dr. Daniel Crosby, a leading authority on behavioral finance. Together, they unpack the paradox of wealth, exploring why money often feels like the ultimate goal yet rarely delivers the satisfaction we expect.
Through stories, scientific insights, and practical frameworks like the PERMA model for human flourishing, the discussion reveals the hidden costs of chasing financial success and the transformative power of aligning wealth with purpose, relationships, and growth.
[00:00 - 06:32] Liquid Happiness: The Psychology of Money
Money is valued for its measurability
We treat money like "liquid happiness"
Achieving financial goals often feels hollow
[06:33 - 16:08] The PERMA Model: A Framework for Flourishing
Positive emotions and engagement foster happiness
Relationships and meaning are essential for growth
Losing purpose post-exit impacts well-being
[16:09 - 30:28] The Biology of More: Why We Strive Relentlessly
Evolution drives us to want more
Hedonic adaptation makes wealth less impactful
Pursue meaningful goals for lasting joy
[30:29 - 39:52] Money and Happiness: What the Research Reveals
Happiness increases with income up to $100,000
Spending on experiences and giving brings joy
Avoiding unpleasant tasks boosts satisfaction
[39:53 - 50:08] Aligning Wealth with Purpose: The Path to True Fulfillment
Purposeful spending leads to better decisions
Wealth should deepen relationships and growth
Reflecting on “why” enriches outcomes
Key Quotes:
"Generosity is the path to abundance—it’s true in every major faith and backed by psychological research." - Dr. Daniel Crosby
“The key isn’t wanting less—it’s wanting differently." - Dr. Daniel Crosby
Connect with Dr. Daniel!
Website:https://www.linkedin.com/in/danielcrosby
Book: The Soul of Wealth - https://a.co/d/47R5m5X (Amazon)
LEAVE A REVIEW + help someone who wants to expand their business growth by sharing this episode or listening to our previous episodes.
Dreamcatchers is a welcoming group focused on personal growth rather than fitting into a specific demographic. It attracts a diverse crowd from various backgrounds and ages, united by the desire to achieve more. Learn more at https://exittoexcellence.com/
Learn more about your ad choices. Visit megaphone.fm/adchoices
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