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Most people think spending money is a math problem. But what we buy is often shaped by our childhood experiences, family history, insecurities, identity and expectations about what success should look like.
Drawing on ideas from Morgan Housel’s book The Art of Spending Money, Brian breaks down the psychology behind spending, the status trap that keeps people chasing approval and a powerful formula for understanding happiness.
Brian also shares the painful childhood experience that helped shape his drive, how money can mean completely different things to two people and why wealth is most valuable when it buys time, freedom, simplicity and peace of mind.
Then, Brian coaches a highly successful business owner who is confronting an important question: What happens when the business you built begins competing with the life and relationships you value most?
Register free for Buffini Coaching Live on July 30 at 9:00 a.m. Pacific and hear Brian Buffini and Morgan Housel live:
https://www.thebrianbuffinishow.com/bcl
NOTEWORTHY QUOTES FROM THIS EPISODE:
“People spend a lot of money on things we don't need to impress people we don't know.” – Brian Buffini
“Happiness equals circumstances minus expectations.” – Morgan Housel
“Money can buy you happiness. But it won't be the stuff and it won't be the status.” – Brian Buffini
“The psychology of money and the psychology of success are about finding out what matters most, understanding that’s where your treasure lies, and then building a life that supports that.” – Brian Buffini
“The same thing that got me here isn’t going to get me there.” – Brian Buffini