The Value of Being You

By MP Dunleavey Friday January 15, 2010
This post is about money psychology, profiles, spending

gretchen-rubinDailyWorth recently had the pleasure and privilege of interviewing Gretchen Rubin, author of "The Happiness Project" the same week that her book hit The New York Times best-seller list.

Gretchen Rubin's new book, "The Happiness Project," chronicles the year she devoted to following the precepts revealed by the last two thousand years (or so) of happiness research and philosophy.  

Naturally, here at DW HQ, we wanted to know about the financial side: How can one spend more on a happier way of life?  

Rubin described a common pattern that can drain your wallet and derail your happiness: "When people wish they were different from who they really are," Rubin says, "they end up spending a lot of money on fantasies—and don't end up happier."  

For example: "You wish you were sporty—but you're not," Rubin says. "So you go out and buy the yoga mat, the workout gear, the roller blades—because you have this fantasy that buying the stuff will make you athletic--and it all ends up in your closet."  

It's a waste of money on two fronts, Rubin notes:

    A) You frequently end up in possession of a lot of junk (language tapes, cookware, books     about Goya); and
    B) you could have invested that cash in your own true life.


Rubin's motto, "Be Financially True to Thyself", struck a deep chord here at DW. Now confess: Have you spent money in hot pursuit of someone you wanted to be, but really aren't?

 

The Happiness Project

Comments (6)add
Written by Rocio Acosta Nava, January 15, 2010
Yes I have! But how do you find out who you really are and spend money(or not) on your true self? Maybe we spend money on who we think we want to be i.e. sporty, aspiring chef, because we don't know who we truly are- I for one have no idea hence the ice skates, yoga mat, photograpy projects, books on how to write a screenplay are all sitting around waiting for me to put them to good use. How do we find our true selves?
Written by Shelley, January 15, 2010
Great advice! If we stop spending money on things we don't really need, for lives we don't really want to lead, we can have the money to do the things we really want, like take an amazing trip...As an added bonus, we can keep the clutter of useless things from building up.
Written by Terry Brown, January 16, 2010
I just love this! It is so true and a concept that, as a money coach,I use with clients. We approach it from the angle of "unmet needs" spending money on other stuff rather than looking to meet the real, underlying, need.

Written by Rocio Acosta Nava, January 18, 2010
Again, how do you find your "true self" without spending money? It costs money to try things out in hopes of finding your true self. Is there a cheaper way of finding yourself?
Written by Heart Felt, January 20, 2010
I love Rubin's motto, "Be Financially True to Thyself"

This has struck a deep chord with me! Thanks
Written by LindaBB, February 21, 2010
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