
#47 Money Philosopher Michael Sakraida: Money, Joy, and Navigating Life’s Curveballs – Part One
from Chief Change Officer
by Vince Chan
Published: Thu Oct 10 2024
Show Notes
Part One.
Money Philosopher Michael Sakraida, author of Money, Balance and Joy: Improving Your Life Story, dives into the chaos of balancing wealth and happiness in today’s noisy ever-changing world.
Spoiler: it’s not just about stacking cash.
Michael unveils his three-part happiness equation—monetary wealth, time wealth, and social wealth—and why you need all three in harmony to live your best life.
He doesn’t hold back, taking shots at Wall Street, risk tolerance tests, and the “Financial Media Smut Club” for ignoring the emotional reality of money management. From showing why financial independence is about more than just collecting paychecks to calling out those unregulated financial influencers, Michael mixes real talk with a sprinkle of humor.
If you’re tired of the same old money advice, this episode serves up a refreshingly honest, and a bit cheeky, perspective on finance.
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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