A financial psychology expert on the science of contentment.

Morgan Housel is the New York Times Bestselling author of The Psychology of Money and Same As Ever. He's a partner at The Collaborative Fund, serves on the board of directors at Markel and is host of The Morgan Housel Podcast. His new book is The Art of Spending Money: Simple Choices for a Richer Life.

In this episode we talk about:

What "irrational" spending habits really tell us
How to manage money ambition with sanity
How to use scarcity to your advantage
A useful equation for finding contentment
The key defense against envy
How to minimize future regret
Why young people should check their bank accounts more often
How to talk to your kids about money
How to disconnect self-worth from financial worth
And more

Related Episodes:

The Psychology of Money | Morgan Housel

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How To Handle the Feeling of Never-Enough, Quiet the Comparing Mind, and Reduce Financial Anxiety | Morgan Housel

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