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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

Did he show it to you?

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

No, no.

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

Come see my Bentley.

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

It's for you.

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

The meeting got interrupted by it being delivered.

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

No, no.

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

So there are a lot of distractions trying to push you into advertising, you know, the whole social, who are we impressed by, who are heroes?

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

There are so many things pushing us down, commercialism about spending, that wealth is good, et cetera.

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

But the research is different.

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

So what happens to them?

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

They never realise they're not unhappy, maybe.

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

Some of them are.

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

I definitely know plenty of unhappy, wealthy people.

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

But they're not as happy as they would otherwise be.

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

There is a...

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

a thing called Schwartz's Circumplex, which is a psychological theory about values and how you map values against each other.

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

And some values compete with each other.

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

And there's a guy called Professor Tim Kasser who used this model and applied it to money.

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

And he looked at the different values around your life and found that if you have values that are associated with wealth, with seeing wealth as the objective of life,

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

they are in conflict with values that will bring you joy and well-being.