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Podcast 83: Money & Happiness, Laura Rowley

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On today’s Consumerism Commentary Podcast, Tom Dziubek speaks with Laura Rowley, columnist at Yahoo Finance and author of the book Money and Happiness: A Guide to Living the Good Life. Laura talks about money and its correlation to happiness including topics such as how much money it takes to feel satisfied, at what monetary point people plateau at in regards to happiness and mindsets that contribute to people feeling unhappy.

Consumerism Commentary Podcast #83
Laura Rowley, Money & Happiness: S04E5 / 105

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Table of contents

[00:00] Introduction from Tom
[00:34] Interview with Laura Rowley
[00:49] The differences between satisfaction and happiness
[03:59] Hedonic adaptation
[05:11] Social capital and mastery
[06:53] Money as a tool
[09:10] Aspiring to achieve happiness – identifying what you value most in life
[12:06] Addressing debt
[12:58] Prioritizing your debt payoffs
[16:43] Money & kids
[18:22] Savings and retirement tips
[20:09] Having the right mindset to achieve happiness
[27:22] Buying experiences instead of “things”
[30:11] End

We always welcome feedback from listeners. If you have any comments for this episode or for any other, or if you have suggestions for future episodes, please leave us comments here or email us at podcast at this domain name.

Updated June 23, 2016 and originally published November 21, 2010.

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About the author

Luke Landes is the founder of Consumerism Commentary. He has been blogging and writing for the internet since 1995 and has been building online communities since 1991. Find out more about Luke Landes and follow him on Twitter. View all articles by .

{ 3 comments… read them below or add one }

avatar 1 Financial Samurai

What’s very interesting is that the study just years ago said the figure was $60,000. Nice like 25% jump in income happiness!

I think the real number threshold is $200,000 simply because the government will start persecuting and discriminating against you after that income level.

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avatar 2 eric

I like the experiences vs things part. As I’m growing older, I do appreciate and enjoy spending my money on seeing new places, eating new things, and learning new ideas more than accumulating a pile of stuff.

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avatar 3 4hendricks

We find we want to spend our $$ on traveling and doing stuff together, not spending it on stuff.

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