This is a repeat of our recent Listener Favourite Episode: 303 You can compare things but you can't compare experiences
It is human nature to compare ourselves to others. In fact, we compare everything – material possessions, the size of our homes. Experiences, however, are harder to compare, but often bring us more joy.
In this episode, Michael and Dallas discuss what studies have already shown us: that spending money on experiences is better than spending money on material possessions; and why it is good for us financially, too.
For more information, please visit www.mo50.com.au
117 Retirement planning risks - Liquidity risk
116 FAQ - What if I disagree with what the adviser says?
115 Why elections don't affect companies prices in the long term
114 Simplicity is best
113 Owning an index fund is like picking the 6 best batsman
112 Diversity leads to better decision making
111 The difference between gold, property and companies
110 Retirement planning risks - Sequencing risk
109 Retirement planning risks - Business risk
108 FAQ's - Are they going to stop me spending money?
107 Retirement risks - Market risk
106 "No" is a complete sentence
105 The give-up, get-back ratio
104 Retirement risks - Purchasing power risks
103 Listener questions - Small business tips and traps
102 FAQ - Who are your clients?
101 The highest likelihood of enough vs the highest expected value
100 5 luxury goods in retirement
099 A look back: Almost 100 episodes
098 Why depreciation is a real expense, not just a tax deduction
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