EP 496: The Psychology of Money and the Art of Spending, with Morgan Housel

Morgan Housel, bestselling author of The Psychology of Money , is back with a brand-new book: The Art of Spending Money . In this episode, he sits down with Jean Chatzky to talk about what truly makes us feel fulfilled when we spend, and why we often get it wrong. Together, Jean and Morgan unpack the emotions that drive our financial behavior, from fear and guilt to FOMO and dopamine addiction. You’ll learn why saving money can become a harmful identity, how to redefine success beyond your bank account, and why the best moments in life usually aren’t the ones you buy. What You’ll Hear In This Episode: Why spending is an art , not a science How “happiness = reality minus expectations” can change your financial life What to do if you feel guilty about spending after saving for years How to break the cycle of spending for status or attention The simplest formula for a rich life: independence + purpose 📘Order Morgan’s new book, The Art of Spending Money 📚Get The Psychology of Money , a HerMoney community favorite 🗣️ Join our Facebook group for more conversations with the HerMoney community If more financial confidence sounds good to you, then you might want to try… ⁠ 4-Week Coaching Program ⁠ : Identify and understand your spending, build a strategic plan, and take control of your money. ⁠ 6-Week Pre-Retirement Program ⁠ : We’ll help you prepare financially and emotionally for this exciting milestone. 📈 ⁠ InvestingFixx ⁠ : Learn, connect, and start investing— your first month is completely free . Learn more about your ad choices. Visit megaphone.fm/adchoices