Mar 21 2025 49 mins
In this enlightening conversation, Meg Kearney and Elizabeth Husserl explore the intricate relationship between money and personal well-being. They discuss the importance of understanding the distinction between money and wealth, the psychological aspects of financial planning, and the impact of societal pressures on our perceptions of value. Elizabeth shares practical tools for cultivating a healthy relationship with money, including the concept of satiation and the importance of gratitude. The discussion also delves into the cycles of scarcity and abundance, emphasizing the need for a holistic approach to wealth that encompasses emotional and psychological well-being.
Connect with Elizabeth:
Takeaways:
- Money is a tool, not a definition of us.
- We need to take that power back around finding intimacy.
- Brand tribalism signals cues for belonging.
- Satiation is about feeling fulfilled.
- Conversations with money can be transformative.
- Scarcity leads to a cycle of grabbing more.
- We need to diversify our sources of fulfillment.
- Money should not define our worth.
- We can teach the next generation about enough.
- Understanding our needs can lead to true wealth.
Sound Bites:
"Money is a tool, not a definition of us."
"Money should not define our worth."
"Satiation is about feeling fulfilled."
Chapters:
00:00 Introduction to Wealth and Wellbeing
04:07 The Distinction Between Money and Wealth
07:09 Understanding Money's Role in Society
10:14 Brand Tribalism and Materialism
13:17 Finding Joy in Material Goods
16:20 The Mind-Body Connection in Wealth
19:16 Satiation and Gratitude Practices
22:11 Relationships and Wealth Management
25:40 Understanding Our Relationship with Money
28:20 The Practice of Conversations with Money
33:08 Evolving Conversations: A Lifelong Journey
37:44 Navigating Scarcity and Abundance
42:02 Wealth as a State of Well-Being
48:41 Exploring Perspectives on Money
49:09 Practices for Financial Well-Being