This is a repeat of our recent Listener Favourite Episode: 303 You can compare things but you can't compare experiences
It is human nature to compare ourselves to others. In fact, we compare everything – material possessions, the size of our homes. Experiences, however, are harder to compare, but often bring us more joy.
In this episode, Michael and Dallas discuss what studies have already shown us: that spending money on experiences is better than spending money on material possessions; and why it is good for us financially, too.
For more information, please visit www.mo50.com.au
138 What if I retired and my super dropped by 30%?
137 We want personalisation, not choice
136 Biases - Why we make mistakes
135 Listener Question: Building a 2 bedroom cottage
134 No one's coming
133 Federal Budget 2020 tax cuts (we've found the $100pw for you)
132 Find money and automate
131 The facts of the last 30 years
130 Possibility or probability
129 Covid-19 Podcast: Australia's and the world's great companies finished up 6% for 2020
128 Is your financial adviser a doctor or a waiter?
127 The shocking risk of term deposits
126 Tax planning for show, behavioural advice for dough
125 Goal focused, long-term and planning driven
124 Own companies forever and live off the dividends
123 Protect purchasing power not principal
122 FAQ - Are you owned by a big corporate?
121 FAQ - Are they going to put me in a product they get a kickback from?
119 The 2 biggest problems with our retirement system
118 Retirement planning risks - Legislative risks
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