How Can We Spend to Enhance Meaning?

While most would be happy to have more money, the reality is that more money may not lead to greater happiness for everyone. For many, living a fulfilled life goes beyond finances, so can we increase happiness and meaning in life through the decisions we make with our money today? To explore this question, we speak with UCLA Professor Cassie Holmes and an accomplished financial advisor, Joseph Janiczek, MSFS, ChFC, Chief Executive Officer of Janiczek Wealth Management.

In our discussion with Cassie, we discuss her book, Happier Hour: How to Beat Distraction, Expand Your Time, and Focus on What Matters Most, and her research into how wellbeing is affected by how much time we have and how we use it. We talk about how our decisions with our money may help us use our time in more meaningful ways for greater lasting happiness.

Joseph speaks to how his firm has found ways to evolve client discussions towards a more holistic view of their clients’ lives. Joseph shares that, through the use of creative tools, client meetings feature topics that go well beyond a client’s financial picture to include aspects that matter to each individual’s overall happiness.

If you enjoy the show, please let us know by giving our series a five-star rating. We’d also love to hear from you on this topic of enhancing meaning through how we choose to spend our money. To join in on the discussion, send us a note at BehavioralDivide@AvantisInvestors.com.

Important Disclosures

The views expressed in this presentation are the speaker’s own and not necessarily those of American Century Investments. This presentation is for general information only and is not intended to provide investment, tax or legal advice or recommendations for any particular situation or type of retirement plan. Please consult with a financial, tax or legal advisor on your own particular circumstances.

Hal Hershfield is not affiliated with American Century Investments.

The book Happier Hour: How to Beat Distraction, Expand Your Time, and Focus on What Matters Most is not affiliated with, sponsored by, or endorsed by Avantis Investors or American Century Investments.