ICR071: Creating Financial Peace of Mind
In this special episode of the Informed Choice Podcast, we bring you a talk by Chris Budd about creating financial peace of mind.
Chris delivered this talk at the Cranleigh Literature Festival on Friday 4th March ahead of the publication of his new book, The Financial Wellbeing Book.
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Creating Financial Peace of Mind
In his important talk about creating financial peace of mind, Chris Budd shares the five main areas of well-being, with a focus on financial well-being.
He helps us redefine success, moving away from the notion it is all about money and fame. In fact, social factors are a better definition of success and can even help us live longer, healthier lives.
Chris explains the five parts to financial well-being, talking in detail about two of these; a clear path to achieving identifiable goals and having control of daily finances.
He talks about how knowing what you want out of life and having a financial plan to get there can make you happier.
Chris explains why he isn’t a fan of the word ‘goals’ and what he prefers instead.
He shares the secret to spending money in a way which can bring happiness, with a more lasting impact than the buzz we receive from retail therapy.
Chris also explains why you should stop watching television advertising, why taking his family to Copenhagen increased their long-term well-being and the importance of putting money aside for the future you have mapped out.
You can pre-order Chris Budd’s new book, The Financial Wellbeing Book: Creating Financial Peace of Mind, now on Amazon.
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Useful links mentioned in this episode
–The Financial Wellbeing Book: Creating Financial Peace of Mind by Chris Budd
–TED Talk – What makes a good life? Lessons from the longest study on happiness
–@FinWellbeing and @OvationChris on Twitter
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