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Chris Budd

๐Ÿ‘ค Speaker
743 total appearances

Appearances Over Time

Podcast Appearances

Making Money
My Dad Went Bankrupt, It Changed How I Think About Money

And there is lots of research.

Making Money
My Dad Went Bankrupt, It Changed How I Think About Money

It's been 2,500 years.

Making Money
My Dad Went Bankrupt, It Changed How I Think About Money

All of humanity, people have been thinking about this.

Making Money
My Dad Went Bankrupt, It Changed How I Think About Money

Buddhists sat down in a grove of trees 2,500 years ago and worked it all out.

Making Money
My Dad Went Bankrupt, It Changed How I Think About Money

So this is nothing new here.

Making Money
My Dad Went Bankrupt, It Changed How I Think About Money

This isn't my thinking.

Making Money
My Dad Went Bankrupt, It Changed How I Think About Money

This is all the research that's out there.

Making Money
My Dad Went Bankrupt, It Changed How I Think About Money

And the answer is self-worth.

Making Money
My Dad Went Bankrupt, It Changed How I Think About Money

That's a really big source of well-being, right?

Making Money
My Dad Went Bankrupt, It Changed How I Think About Money

Feeling content with yourself.

Making Money
My Dad Went Bankrupt, It Changed How I Think About Money

And there's two types of that.

Making Money
My Dad Went Bankrupt, It Changed How I Think About Money

We can have internal or external self-worth.

Making Money
My Dad Went Bankrupt, It Changed How I Think About Money

External self-worth is when you get your self-worth from other people.

Making Money
My Dad Went Bankrupt, It Changed How I Think About Money

So if you buy a big expensive car because you want to be seen driving a big expensive car, then you've got to have somebody looking at you in that car to get your self-worth.

Making Money
My Dad Went Bankrupt, It Changed How I Think About Money

If there's nobody looking at you, you've got to keep driving around until you find somebody else to look at you, right?

Making Money
My Dad Went Bankrupt, It Changed How I Think About Money

But if you drive that big expensive car because you love cars and you don't need to be seen, you just love sitting in it, that's fine.

Making Money
My Dad Went Bankrupt, It Changed How I Think About Money

That's internal self-worth.

Making Money
My Dad Went Bankrupt, It Changed How I Think About Money

Better examples might be creativity or purpose.

Making Money
My Dad Went Bankrupt, It Changed How I Think About Money

So that's step two, understanding the sources of joy and wellbeing.

Making Money
My Dad Went Bankrupt, It Changed How I Think About Money

Step three is then how does that apply to me?