oter

Giving back can bring greater satisfaction than accumulating wealth from "summary" of PSYCHOLOGY OF MONEY. by MORGAN. HOUSEL

Many people believe that the key to happiness lies in accumulating more wealth. They think that the more money they have, the happier they will be. However, research shows that this may not be entirely true. In fact, giving back to others can bring greater satisfaction than simply accumulating wealth. When we give back to others, whether through acts of kindness or charitable donations, we activate the reward centers in our brains. This release of feel-good chemicals like dopamine and oxytocin can lead to a sense of fulfillment and happiness that goes beyond what money can offer. This is why many people who engage in philanthropy report feeling a deep sense of satisfaction and purpose in their lives. Furthermore, givi...
    Read More
    Continue reading the Microbook on the Oter App. You can also listen to the highlights by choosing micro or macro audio option on the app. Download now to keep learning!
    Similar Posts
    My family is my rock
    My family is my rock
    For me, my family is everything. They are my foundation, my support system, my everything. When I face challenges or obstacles ...
    Set clear goals and create a plan to achieve them
    Set clear goals and create a plan to achieve them
    One of the most important steps in transforming your financial situation is to establish clear objectives and develop a structu...
    Set clear goals for your financial future
    Set clear goals for your financial future
    Setting clear goals for your financial future is paramount to achieving financial success. Without a clear destination in mind,...
    Save and invest wisely
    Save and invest wisely
    Saving and investing wisely is crucial when it comes to securing your financial future. It is not just about setting money asid...
    Live below your means to save money
    Live below your means to save money
    Living below your means is a concept that goes against the grain of our culture. In a society where overspending and instant gr...
    Celebrate your financial wins, no matter how small
    Celebrate your financial wins, no matter how small
    It's essential to acknowledge and appreciate the progress we make in our financial journey. Even small wins deserve recognition...
    Avoid bad company and negative influences
    Avoid bad company and negative influences
    It is said that a man is known by the company he keeps. Therefore, it is essential to be cautious and wise in choosing the peop...
    Be willing to challenge traditional career paths and norms
    Be willing to challenge traditional career paths and norms
    Challenging traditional career paths and norms means being open to exploring alternative routes to success. It requires a willi...
    Set up automatic savings
    Set up automatic savings
    Setting up automatic savings is one of the most powerful tools you have in your financial arsenal. By automating your savings, ...
    Negotiate for better deals
    Negotiate for better deals
    When it comes to managing your money, one important skill to have is the ability to negotiate for better deals. This means not ...
    oter

    PSYCHOLOGY OF MONEY.

    MORGAN. HOUSEL

    Open in app
    Now you can listen to your microbooks on-the-go. Download the Oter App on your mobile device and continue making progress towards your goals, no matter where you are.