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Modern Wisdom - Mastering the Art of Spending Money - Morgan Housel - #1055
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Mastering the Art of Spending Money - Morgan Housel - #1055

Modern Wisdom

02/05/26

120m

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Morgan Housel is a partner at The Collaborative Fund, an investor and an author.

Why is spending money well a skill most people never learn? In a world obsessed with saving, why does saying “it’s okay to spend” still feel taboo? What can high performers teach us about investing not just money, but time, energy, and attention wisely?

Expect to learn why it’s important to talk about how to spend money well when learning about personal finance, why good financial ideas struggle to spread while bad ones travel effortlessly, what Morgan’s definition of success is, how much modern dissatisfaction comes from comparing ourselves to people we don’t actually want to be like, the real relationship between money and happiness with nuance, why it’s so hard to find people who have managed to be wealthy, successful, happy and peaceful, and much more...

Timestamps:

(0:00) What Your Spending Habits Say About You (6:28) Will a Big House Make You Happy? (10:22) The Surprising Truth About Money and Happiness (21:35) Is Wealth Actually Measurable? (28:11) Why We’re So Hard On Ourselves About Money (34:01) The Relationship Between Money and Status (39:59) Can You Train Yourself to Feel Financially Content? (49:46) What Really Makes People Happy? (54:13) Is Inheritance a Hidden Burden? (01:04:59) The Smartest (and Dumbest) Ways to Spend Your Money (01:12:03) The Transformative Power of Storytelling (01:24:51) Why Anger Makes You Feel Superior (01:32:29) Do Men and Women Build Wealth Differently? (01:37:28) The Biggest Money Mistakes Parents Make (01:42:49) How the Housing Crisis Shaped a Generation (01:52:25) Why People Are Afraid to Spend Money (01:59:34) Where to Find Morgan

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Extra Stuff:

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Episodes You Might Enjoy:

#577 - David Goggins - This Is How To Master Your Life: ⁠⁠⁠lnkfi.re/SN-Goggins⁠⁠⁠

#712 - Dr Jordan Peterson - How To Destroy Your Negative Beliefs: ⁠⁠⁠lnkfi.re/SN-Peterson⁠⁠⁠

#700 - Dr Andrew Huberman - The Secret Tools To Hack Your Brain: ⁠⁠⁠lnkfi.re/SN-Huberm

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Get In Touch:

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Email: ⁠https://chriswillx.com/contact⁠

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Previous Episode

Bryan Johnson is the founder of Braintree, Kernel, a futurist, biohacker and an author.

Is it possible for humans to never die? In recent years, Bryan Johnson has drawn global attention for the extreme experiments he’s running on his own body in pursuit of radical longevity. So what does the latest science actually say about his quest to live forever, and how close are we really to immortality?

Expect to learn why it is our human obligation to fight against death, the most life-changing pivots Bryan made that helped him the most, how to get perfect sleep, what it takes to build an anti-fragile routine, the most important treatments that help increase your changes of living longer, how to improve your vascular health, how Bryan deals with complex emotions life grief, Bryan’s strange prediction on how he might die and much more...

Timestamps:

(0:00) Is Morning Wood a Sign of Good Sleep? (11:14) How Will AI Change Longevity Science? (17:11) Are We Entering a New Moral Framework? (29:13) Why Longevity Fails Without Behaviour Change (35:46) How to Stop Optimisation Becoming Self-Sabotage (41:48) Is Existence the Highest Moral Virtue? (56:18) The One Tool Bryan Can’t Live Without (01:05:11) Does HBOT Actually Work? (01:20:32) Bryan’s Top Longevity Tips (01:26:12) Why We Need to Focus on Testosterone (01:30:08) Can a 15-Second Call Improve Relationships? (01:38:59) Does Bryan Wish He Started Longevity Earlier? (01:48:26) What’s Next For Bryan?

Sponsors:

See discounts for all the products I use and recommend: ⁠https://chriswillx.com/deals⁠

Get 35% off your first subscription on the best supplements from Momentous at https://livemomentous.com/modernwisdom

New pricing since recording: Function is now just $365, plus get $25 off at https://functionhealth.com/modernwisdom

Get a Free Sample Pack of LMNT’s most popular flavours with your first purchase at https://drinklmnt.com/modernwisdom

Get up to $350 off the Pod 5 at https://eightsleep.com/modernwisdom

Extra Stuff:

Get my free reading list of 100 books to read before you die: ⁠https://chriswillx.com/books⁠

Try my productivity energy drink Neutonic: ⁠https://neutonic.com/modernwisdom⁠

Episodes You Might Enjoy:

#577 - David Goggins - This Is How To Master Your Life: ⁠⁠⁠lnkfi.re/SN-Goggins⁠⁠⁠

#712 - Dr Jordan Peterson - How To Destroy Your Negative Beliefs: ⁠⁠⁠lnkfi.re/SN-Peterson⁠⁠⁠

#700 - Dr Andrew Huberman - The Secret Tools To Hack Your Brain: ⁠⁠⁠lnkfi.re/SN-Huberm

-

Get In Touch:

Instagram: ⁠https://www.instagram.com/chriswillx⁠

Twitter: ⁠https://www.twitter.com/chriswillx⁠

YouTube: ⁠https://www.youtube.com/modernwisdompodcast⁠

Email: ⁠https://chriswillx.com/contact⁠

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Next Episode

Dr Paul Eastwick is a psychologist, professor, and a researcher.

Much of what we think we know about relationships comes from an evolutionary psychology lens, but what if that framework is flawed? In his groundbreaking new research, Dr Paul Eastwock challenges long-held assumptions, turning evolutionary psychology on its head. So where did it go wrong, and what new models replace it?

Expect to learn where the Evo Psych community may have been wrong about mating and relationships, the biggest problem with the term “mating market”, how accurate people’s opinions are and ideas at their “type” or mate preferences, what men find appealing in women and visa versa, what Paul’s definition of attachment in adulthood via safe haven (support in adversity) and secure base (support in growth) is, why masculinity needs reimagining and much more...

Timestamps:

(0:00) What’s Really Broken in the Modern Dating Market (15:00) Is Romance Just a Hierarchy of Inequality? (25:01) Does Self-Improvement Boost Dating Success? (31:43) What Men and Women Really Find Attractive (42:56) How Online Dating Is Changing Relationships (47:07) The Biggest Traits We Misjudge in Men and Women (58:20) Does Waiting to Have Sex Improve Relationships? (01:14:54) Why Attachment Matters in Love (01:19:17) Why Breakups Hurt So Much (01:29:47) Are Humans Meant to Be Monogamous? (01:34:49) Where to Find Paul

Sponsors:

Get my free Valentine’s Review with 75 deep questions to ask your partner: ⁠⁠https://chriswillx.com/valentines⁠⁠

See discounts for all the products I use and recommend: ⁠https://chriswillx.com/deals⁠

Get up to 20% off the leading longevity and cellular health supplement at https://timeline.com/modernwisdom

Get 15% off your first order of my favourite Non-Alcoholic Brew at https://athleticbrewing.com/modernwisdom

Get the brand new Whoop 5.0 and your first month for free at https://join.whoop.com/modernwisdom

Sign up for a one-dollar-per-month trial period from Shopify at https://shopify.com/modernwisdom

Extra Stuff:

Get my free reading list of 100 books to read before you die: ⁠https://chriswillx.com/books⁠

Try my productivity energy drink Neutonic: ⁠https://neutonic.com/modernwisdom⁠

Episodes You Might Enjoy:

#577 - David Goggins - This Is How To Master Your Life: ⁠⁠⁠lnkfi.re/SN-Goggins⁠⁠⁠

#712 - Dr Jordan Peterson - How To Destroy Your Negative Beliefs: ⁠⁠⁠lnkfi.re/SN-Peterson⁠⁠⁠

#700 - Dr Andrew Huberman - The Secret Tools To Hack Your Brain: ⁠⁠⁠lnkfi.re/SN-Huberm

-

Get In Touch:

Instagram: ⁠https://www.instagram.com/chriswillx⁠

Twitter: ⁠https://www.twitter.com/chriswillx⁠

YouTube: ⁠https://www.youtube.com/modernwisdompodcast⁠

Email: ⁠https://chriswillx.com/contact⁠

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Learn more about your ad choices. Visit megaphone.fm/adchoices

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