Huffingtonpost

All the Money in the World


chadbooker7 retweets
All the Money in the World

EDITION: U.S.

Posted: 02/29/2012 4:46 pm

"What do the happiest people in the world know about money?"

I love this question because while only 400 people can end up on the Forbes 400 list, there is no limit to how many of us can use money more wisely to increase our personal happiness. Laura's book is filled with insights about ways in which you can shift your thinking about -- and use of -- money to add more joy to your life.

Manisha: With the relative prosperity of the U.S., why do so many of us experience a sense of lack?

Laura: This sense of lack stems from two sources. The first is choosing a problematic reference group. If you compare yourself to the people you see on TV -- that is, if you try to keep up with the Kardashians and their ilk -- you can feel dissatisfied. But if you compare yourself to the billions of people on this planet who live on less than $2 a day, you'll feel indescribably rich. You can choose either reference group, but one will make you feel much more blessed. Second, even if we realize that we do have enough, we have a tendency to overspend on big ticket items that we get used to over time: the house, the car, diamond engagement rings. Spending less on these categories frees up cash to splurge on little indulgences that will make us happy every time: going out with friends, vacations, charity, even something like a painting class.

Manisha: What kind of mindset shift needs to happen for us to relate to money from a place of joy?

Laura: We need to recognize that money is just a means of exchange. Stripped of all the drama, it is simply a tool. Since it is a tool, we can use it to help us build the lives we want. When you look at it that way, you realize that money is powerful, but it's most powerful when you put it to use to build a better life for you and the people you care about.

Manisha: What is the significance of pursuing your passions in creating a joyful relationship to money?

Laura: I think there is significance on both the spending side and the earning side. On the spending side, if you read too many frugality blogs, you start to forget that money is there to be used. I think people spend money most wisely when they figure out exactly what makes them happy -- trips to an art museum, for instance, or maybe gourmet food -- and then spend a lot on those categories, and as little as possible on other things. On the earning side, being in the right job can definitely give you a joyful relationship with money.

Manisha: How do you relate to money in ways that are personally meaningful?

Laura: I've learned that spending money in a few ways is guaranteed to bring me happiness. First, I spend on my social network. Throwing parties, going out with friends for lunch, or donating to organizations I volunteer with all give a big happiness bang for my buck. Second, I spend on experiences. Travel is worth doing right. And finally, I spend to buy myself time. We all have 168 hours a week, and all the money in the world can't buy us a second more, but money can buy back time from chores to do other things.

This post originally appeared at ManishaThakor.com .

This Blogger's Books from

This comment has not yet been posted

You have exceeded your word limit by    words. Please click the "Edit" button and shorten your comment.

You can post to us this information techtips@huffingtonpost.com

Click here to leave a comment. HuffPost High School welcomes a lively, thoughtful debate in the comment section. Keep in mind that the articles here are penned by young authors, so please keep criticism respectful, and help us to keep this a safe and supportive place for writers of all ages to contribute.

Share your Comment:

Post to Facebook.

Post to Blogger.

Post to Twitter.

Post to WordPress.

Post to TypePad.

Post to Tumblr.

Post to Yahoo!

Blogger login:

Blogger password:

Select blog:

  refresh list

Remember me:

Wordpress host:

Wordpress login:

Wordpress password:

Remember me:

TypePad host:

TypePad login:

TypePad password:

Select blog:

  refresh list

Remember me:

Tumblr login:

Tumblr password:

Remember me:

Community Notice:  We've made some changes to our badge program, including the addition

View All

and see what your friends are sharing!

Loading twitter module...

Donna Brazile

1of 2

RT @el_pais 32 senadores de EE UU presentan una resolución que respalda un ataque a Irán http://t.co/9m1h3mDO El texto, en PDF: http://t.co/XtmH4zPe

"The Huffington Post" is a registered trademark of TheHuffingtonPost.com, Inc. All rights reserved.

Part of AOL Lifestyle

World in images

One of the best feelings in the world though. http://...

Picture of daguilar6
18 Sep 2011
5K retweets
One of the best feelings in the world though.

Justin's "improving" his dancing skills.From this: ht...

Picture of daguilar6
10 Sep 2011
3K retweets
Justin's "improving" his dancing skills.From this: To this: and still the best dancer in the world

#thereisalwaysthat1person who acts like they hate you...

http://twitpic.com/5yb99h

#thereisalwaysthat1person who acts like they hate you when in reality they just want to be you....
thereisalwaysthat1person who acts like they hate you when in reality they just want to be you....

Picture of daguilar6
31 Jul 2011
1K retweets

World in videos

THIS IS FOR YOU!

Picture of daguilar6
25 Jul 2012
1K retweets
Basically this is why @deefizzy should rule the world someday.

@Dormtainment - Dont Like Her Picture

Picture of daguilar6
30 Jul 2012
1K retweets
RT"@WeAreTheTay: Don't Like Her Picture" @Dormtainment guys PSA how the world will end

Skin Deep Magazine on iPad

Picture of daguilar6
28 Jul 2012
1K retweets
Dear Rest of World, We did this for you. #inkisart

World in articles

jicdeals

Picture of daguilar6
12 Mar 2012
2K retweets
FREE Subscripton to Saudi Aramco World Magazine: Get a two-year (12-issue... #dailydeals #free

CHARLIE CONDOU CONFIDENTIAL

Picture of daguilar6
26 Apr 2011
1K retweets
I’D LIKE TO TEACH THE WORLD TO SING IN PERFECT … UNISON ... @ CHARLIE CONDOU CONFIDENTIAL

Feeding Your Faith

http://mr-groceries.blogspot.com/...

Feeding Your Faith
John Neuman was, of course, a great saint. He was born in Bohemia which for us is the Czech Republic. Imagine what it would be like coming to be a missionary in the United States back then. He was ordained a priest in 1839, but he came before he was ordained a priest, a seminarian.

Picture of daguilar6
28 Aug 2011
1K retweets

World in sites

Comic Book Resources > Page Not Found

http://comicbookresources.com/?pa...

Comic Book Resources > Page Not Found
Comic Book Resources - Daily Comic Book News, Reviews, Previews, Commentary and Message Boards

Picture of daguilar6
16 May 2012
2K retweets

Đọc báo, Tin tức 24h | http://VietTri.vn

http://viettri.vn/tintuc

Đọc báo, Tin tức 24h | http://VietTri.vn
Vụ tai nạn xảy ra vào ngày 17/12, tại công trường thi công Thủy điện Suối Sập 1 (xã Tà Xùa, huyện Bắc Yên, Sơn La). Thời điểm đó, công nhân đang thi công tại khu vực lắp ráp tuabin của nhà máy thì van xả nước hồ bị vỡ.

Picture of daguilar6
16 Apr 2012
1K retweets

Tarot.com :: Tarot, Astrology, Numerology and Iching...

Picture of daguilar6
18 Mar 2010
1K retweets
Your romantic world may be in for a change, yet you cannot see... More for Aquarius