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How to have more money, meaning and happiness in life

For his weekly business book review, The Money Show’s Bruce Whitfield interviewed Paul Theron, MD at Vestact.

Theron reviewed “The Geometry of Wealth: How to Shape a Life of Money and Meaning” by behavioural finance expert Brian Portnoy.

The description on Amazon:

How does money figure into a happy life?

In “The Geometry of Wealth”, behavioural finance expert Brian Portnoy delivers an inspired answer based on the idea that wealth, accurately defined, is funded contentment.

It is the ability to underwrite a meaningful life.

This ability stands in stark contrast to angling to become rich, which is usually an unsatisfying treadmill.

At the heart of this ground-breaking perspective, Portnoy takes readers on a journey toward wealth, informed by disciplines ranging from ancient history to modern neuroscience.

He contends that tackling the big questions about a joyful life and tending to financial decisions are complementary, not separate, tasks.

These big questions include:

  • How is the human brain wired for two distinct experiences of happiness? And why can money "buy" one but not the other?

  • Are the touchstones of a meaningful life affordable?

  • Why is market-savvy among the least important sources of wealth but self-awareness is among the most?

  • Can we strike a balance between pushing for more and being content with enough?

This journey memorably contours along three basic shapes: A circle, triangle and square help us visualise how we adapt to evolving circumstances, set clear priorities, and find empowerment in simplicity.

In this accessible and entertaining book, Portnoy reveals that real wealth is achievable for many - including those who despair it is out of reach - but only in the context of a life in which one thoughtfully calibrates purpose and practice.

Listen to the interview in the audio below.

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