Feeling like you're constantly chasing more money? In this episode of The Finance Geeks, Warren and Paul crack the code to financial fulfilment! We delve into the "Enough" Enigma, revealing why clarity is key to achieving financial peace. Learn why knowing your desired lifestyle and values is crucial, and how Maslow's Hierarchy of Needs helps define your "enough." We'll explore the concept of lifestyle inflation and strategies to avoid the "keeping up with the Joneses" trap. Join us as we equip you with strategies to unlock financial fulfilment and build a life you truly love!
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Chapters: 0:00 - Intro
6:51 - Hot Off The Press
14:47 - The Focal Point: Exploring the concept of "enough"
38:50 - Two Pennies Worth
44:10 - Quotes & Anecdotes
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Podcast Reference Links:
Article on the Anxious generation
https://www.afterbabel.com/p/its-time-to-free-the-anxious-generation
Does winning the lottery ruin the lives of winners?
https://www.forbes.com/sites/johnjennings/2023/08/29/debunking-the-myth-the-surprising-truth-about-lottery-winners-and-life-satisfaction/?sh=648c01436ccc
Jonathan Haidt on Modern Wisdom Podcast number 766
https://open.spotify.com/episode/4JVyuByH1hq9rvB9Do6kF7?si=577bc8a74a324830
British UK ISA debacle
https://citywire.com/new-model-adviser/news/complete-nonsense-uk-isa-risks-confusing-savers-with-complexity-aj-bell/a2439784
Future Value Calculator (website)
https://www.calculatorsoup.com/calculators/financial/future-value-calculator.php
Compound Interest Calculator (website)
https://www.thecalculatorsite.com/finance/calculators/compoundinterestcalculator.php
Oura Ring (gadget)
https://ouraring.com/
Scoop (Film)
https://www.netflix.com/gb/title/81600418
How Much is Enough? - Robert Skidelsky (book)
https://amzn.eu/d/gdf87ww
The Number - Lee Eisenberg (book)
https://amzn.eu/d/78tM6Bn
Die with Zero - Bill Perkins (book)
https://amzn.eu/d/a9w0EZS
The Beautiful Game (film)
https://youtu.be/pXWgl7pOpMM?si=GrPxCBFuMjyb6A0i
After Bable (Website)
https://www.afterbabel.com/
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