Part Two. Money Philosopher Michael Sakraida, author of Money, Balance and Joy: Improving Your Life Story, dives into the chaos of balancing wealth and happiness in today’s noisy ever-changing world. Spoiler: it’s not just about stacking cash. Michael unveils his three-part happiness equation—monetary wealth, time wealth, and social wealth—and why you need all three in harmony to live your best life. He doesn’t hold back, taking shots at Wall Street, risk tolerance tests, and the “Financial Media Smut Club” for ignoring the emotional reality of money management. From showing why financial independence is about more than just collecting paychecks to calling out those unregulated financial influencers, Michael mixes real talk with a sprinkle of humor. If you’re tired of the same old money advice, this episode serves up a refreshingly honest, and a bit cheeky, perspective on finance. Key Highlights of Our Interview: Financial Independence: More Than Just a Paycheck—It’s About Legacy “True financial independence isn’t about working for money; it’s about working for joy. And when you’re gone, it’s the legacy—both financial and non-financial—that really counts.” When ‘Aggressive’ Turns ‘Anxious’: The Flawed World of Risk Tolerance Tests “Advisors tick the ‘aggressive’ box, but when the market drops, those same clients can flip out. The problem? Risk tolerance tests don’t dig into the emotional reality behind investing. They aren’t built to handle the emotional rollercoaster of real-life investing.” Financial Media Smut Club: Why Most Advice Misses the Mark “Too many financial articles focus on clickbait rather than offering real, actionable insights. The problem? Writers often don’t understand what they’re talking about.” The Problem with Financial Influencers: Why They Should Be Regulated or Shut Down “If financial advisors need compliance approval for every email, why do these so-called financial influencers get a free pass to spread advice with zero oversight?” Financial Advisors: If You’re Not Asking These Three Questions, You’re Doing It Wrong “Before any numbers come into play, financial advisors should be addressing the emotions tied to wealth: how you got it, what you want to do with it, and your past experiences with Wall Street.” Connect with us: Host: Vince Chan | Guest: Michael Sakraida ______________________ Chief Change Officer: Make Change Ambitiously. Experiential Human Intelligence for Growth Progressives Global Top 3% Podcast on Listen Notes World's #1 Career Podcast on Apple Top 1: US, CA, MX, IE, HU, AT, CH, FI, JP 2 Millions+ Downloads 50+ Countries --Chief Change Officer--Change Ambitiously. Outgrow Yourself.Open a World of Expansive Human Intelligencefor Transformation Gurus, Black Sheep,Unsung Visionaries & Bold Hearts.EdTech Leadership Awards 2025 Finalist.20 Million+ All-Time Downloads.80+ Countries Reached Daily.Global Top 1% Podcast.Top 5 US Business.Top 1 US Careers.>>>180,000+ are outgrowing. Act Today.<<<See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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“What did the council decide on item 42?” — answered with the speaker and the moment.