Part One.
Michael Sakraida, the mind behind Money, Balance and Joy: Improving Your Life Story, brings a fresh, philosophical perspective to the age-old debate: Can money buy happiness?
Spoiler: It’s not about piling up cash.
Michael reveals his three-part happiness equation—monetary wealth, time wealth, and social wealth—and why achieving balance between them is crucial.
With wit and insight, he critiques Wall Street, risk tolerance surveys, and what he calls the “Financial Media Smut Club” for missing the emotional realities of personal finance. He’s not afraid to challenge conventional wisdom, offering a relatable, no-nonsense approach to understanding money and its role in your life.
For anyone seeking clarity amidst the noise of financial advice, this episode will make you rethink how you define wealth.
Key Highlights of Our Interview:
Zen and the Art of Smart Change: Why You Shouldn’t Waste Emotional Energy“Think of change like triage. Some things are worth saving; others, not so much. It’s about focusing your energy on the changes that actually count.”
The Happiness Equation: Why Money Alone Isn’t Enough
"Money buys happiness when it’s part of a three-part ecosystem—monetary wealth, time wealth, and social joy. Balance the three, and you’ve got the real happiness equation."
Feeling Alone in the Crowd: Why Money Isn’t the Only Problem
“Inflation, Wall Street, and the financial media don’t get it—people feel isolated and misunderstood. It’s not just about cash; it’s about finding control and direction when everything feels chaotic.”
Wall Street’s Blind Spot: The Emotional Toll of Inflation
“While Wall Street and politicians stay comfortable, most people struggle, feeling alone and powerless. The key isn’t just money; it’s reclaiming control in a system that’s stacked against you.”
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Host: Vince Chan | Guest: Michael Sakraida
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