Learn the economics of satisfaction, according to psychology. Our earliest lessons in life include that money can't buy happiness. But is that completely correct? We explore tactics to change your spending that can boost your mood on both a daily level and additionally build a longer-term sense of content satisfaction. Learning how to escape the nudges of advertising and society's expectations of spending and instead live in line with your values and priorities. Everyone has different needs and is operating on different levels. These rules help you learn to experiment to find what will work for you and build your own answers to important questions that can improve the quality of your life. Upgrade to Premium: 🏖️ Ad-free listening 🤘 Support the show 🔓 Exclusive AMAs and bonus content 💬 Community Discord GrowthMindset.Supercast.com Sponsors: 🥙 😋 Factor: 50% off - code GROWTHMINDSET50 - FactorMeals.com/GrowthMindset50 🔗 🐷 PorkBun: .PRO domain for $1 - code BeAPro24 - PorkBun.com/GrowthMindset24 Recommended Resources Upside of Irrationality - Daniel Ariely Psychology of Money - Morgan Housel National Park Rescue - Wildlife preservation charity Related Episodes Money Traps: Cognitive Biases affecting your finances - 19th May 2024 14 Habits Keeping You Poor: How the brain learns - 40th April 2023 Doing the Difficult Thing: Dr Niall McCann - Director National Park Rescue - 13th June 2019 Meet Sam Free Call - Schedule Link Growth Mindset Psychology: Sam Webster explores the psychology of happiness, satisfaction, purpose, and growth through the lens of self-improvement. Watch - YouTube (Growth Mindset) Website - GrowthMindsetPodcast.com Chapters: 00:00 The Debate: Can Money Buy Happiness? 02:19 Exploring the Psychology of Money and Happiness 04:25 #1: Spend on Experiences, Not Things 08:09 #2: Invest in Relationships 10:15 #3: Prioritize Health 12:30 #4: Buy Time to Reduce Stress 15:41 # 5: Make Smaller, Frequent Purchases 18:27 #6 Don't Sweat the Small Stuff 21:35 #7 Delaying Gratification to Build Anticipation 24:06 #8 Investing in Yourself 25:53 #9 Spending on Enabling Activities 27:30 #10 Give Back to Others & Charity 29:49 #Bonus - Exploring Novel & Weird Spending Habits 33:43 Note - The Influence of Personal History and Social Dynamics 35:19 Conclusion - Aligning Spending with Values Learn more about your ad choices. Visit podcastchoices.com/adchoices