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Who Wants To Be A Millionaire?
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Have you ever wondered why the thrill of achieving a financial milestone often fades so quickly?
Why does the excitement of hitting that savings goal or landing a big investment windfall seem to diminish over time, leaving you chasing the next big target?
In today's episode, we'll dive into the fascinating concept of hedonic adaptation and explore how it affects both our happiness and our financial decisions. You'll learn how understanding this psychological phenomenon can help you set more sustainable financial goals, enjoy the journey rather than just the destination, and make investment choices that align with your long-term well-being.
Episode Highlights:
- Psychological Processes of Hedonic Adaptation
- Practical Applications in Financial Planning
- Real-World Example: Alex’s Financial Journey
- Investment Strategies Aligned with Hedonic Adaptation
And many more!
Stay Connected with Smart Wealth Podcast Hosts:
Brett Cranson: www.linkedin.com/in/brettcranson/
Omari Whyte: www.linkedin.com/in/omari-whyte/
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