Episode 49 - Does Money Make You Happy?
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Many strive to grow their financial fortunes in the belief that money comes through wealth. But as Shaa discusses in this week's episode, there may be other forms of wealth that can provide far greater returns when it comes to happiness.
KEY TAKEAWAYS
- Although wealth or income rose per person between 1947 and 1970, the average happiness reported did not rise, no matter how much more they earned.
- Money is an infinite resource. We can always make more if we put our minds to it. Time, however, is finite. We can never get a moment back, and so each one we spend is far more valuable than money could ever be.
- There are some things that are far more important than money. Once we have those needs are met, our increase in happiness diminishes. This is the law of diminishing returns.
BEST MOMENTS
'Wealth is not about having a lot of money. It's about having a lot of options'
'I want you to really start to think about where you're investing your time'
'From here on out, my focus is being more time rich'
VALUABLE RESOURCES
Building A Bigger Table Podcast - https://omny.fm/shows/building-a-bigger-table
MEET YOUR HOST
Hi, I’m Shaa.
I’ve been called a serial entrepreneur … but I’ve never been one for labels!
I’ve done SO many things in my career, including starting and scaling multiple 7 figure businesses, and am grateful for being recognised with some lovely awards - most proudly, an MBE from The Queen “for Services to Business and Entrepreneurship”.
I’ve been featured in major publications for my efforts (named one of the UK’s Top 20 Most Influential Entrepreneurs by The Sunday Times and one of the ‘Most Influential Women in the UK' by the Institute of Directors), and have written 4 straight-talking, bestselling books; Stop Talking, Start Doing; Stop Talking, Start Doing Action Book, Do Less, Get More; and most recently, How To Fix Your Shi*t.
WHERE TO FIND SHAA
Website - https://www.shaa.com/
Facebook - https://en-gb.facebook.com/shaawasmund/
Instagram - https://www.instagram.com/shaawasmund/
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