Harvard Professor: This Type of Debt Kills Your Happiness

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About this episode:
Does money really make you happy? In this episode, I’m joined by the brilliant Arthur Brooks, who is helping me answer this age-old question and offering insights into the complicated relationship between wealth and well-being that might surprise you.

Next Steps:
?? Watch “Agree To Disagree | The @MinorityMindset & Humphrey Yang (@humphrey)”: https://www.youtube.com/watch?v=xx3_Hcyks38
???? Pick up a copy of Build the Life You Want: The Art and Science of Getting Happier co-written by Arthur Brooks and Oprah Winfrey: https://www.amazon.com/Build-Life-You-Want-Science/dp/0593545400
????? Read Arthur’s article in The Atlantic, “Why You’re Better Off Not Borrowing”: https://www.theatlantic.com/ideas/archive/2024/02/debt-borrowing-happiness/677303/
???? Order George Kamel’s new book, Breaking Free From Broke: https://ter.li/fghj

Offers From Today’s Sponsors:
This episode is sponsored by Tello, a mobile service plan designed to save you money. Go to https://www.tello.com/George for $5 off your first month of Tello’s unlimited data plan.

Listen to more from Ramsey Network:
????? The Ramsey Show ? https://ter.li/nrgexc
???? The Rachel Cruze Show ? https://ter.li/gyh9k6
???? Smart Money Happy Hour ? https://ter.li/ruezqk
???? The Ramsey Show Highlights ? https://ter.li/yc3i4v
???? The Dr. John Delony Show ? https://ter.li/sii4ha
???? The Ken Coleman Show – Highlights ? https://ter.li/nbekmn
????EntreLeadership ? https://ter.li/81tcjn

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Comments

@laqueciawilson6381 says:

It’s Proverbs 11:24, to receive back more than you give

@topdog19945 says:

It feels good to live within my means now. Last week I took a short trip to Orlando with my girlfriend to see a concert and go to Icon park. I just paid cash for a new car a few weeks ago and I miss seeing the actual progress I made but I'll get my next goals lined up here soon. I just got back from a doctor's appointment as well. I'm glad I can take care of my health too.

@ecan2211 says:

I really love this video & information but could do without the sound effects in the background.

@AdamLevine759 says:

Automating my finances to invest in mutual funds has been one of the biggest keys in helping me not only stay out of debt but invest money without even thinking about it. This video is super valuable… great work George! I have been able to grow my portfolio from a measly fee of $20k to $100k in 12 months.

@HisGloryAlone_Papa_Chap says:

Tello?!?! ????????????????????????????????????????????

@dillonvillon says:

My 1.9% truck loan was a steal but i hated seeing that money leave my qccount every month. Paid the truck off 6 months after and have had $0 debt payments since.

@zo_471 says:

Is this real or has this guy been paid by Ramsey to say these things?

@geoffreymak000 says:

I’m not listening to a social scientist about money.

@emoney1231 says:

Confirmed I shouldn't pay off my house. It's not a burden at all, and I like seeing the progress of the balance going down. If I hit a zero balance, I wouldn't be making progress toward a goal anymore.

@emoney1231 says:

If i could buy an $85k truck for $36k, I would do it…

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