In this episode, we deconstruct and disprove seven common self-help fallacies using the Socratic Method for precise thought.
We delve into why positive, yet slightly erroneous, self-help platitudes may not be as harmless as you think and break down how to extract the most happiness from money.
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Self Help Fallacies
Positive self-affirmations
Winners never quit, quitters never win
Money does NOT make you happy
"Be genuine" vs "Fake it till you make it"
A positive attitude is the MOST important thing
You can do anything
Your time is your most valuable asset
How to extract the most happiness from money
Spend your money first on whatever product or service; allow days or weeks to elapse before taking delivery of the product or service. When shopping instead of in a store; buy online, and select the slowest form of shipping so you have at least several days fantasizing until you actually get the product. When purchasing dinners or local services use a daily deals website where you pay first, days, or weeks before getting to use the actual coupon.
Spend your money on experiences, not things.
Don't make impulse or sporadic purchases. Avoid buying on credit.
Quotes
"You are more likely to die of indigestion of too much opportunity than starvation of too little" - Jim Collins, From Good to Great
"Travel is the only thing you buy, that makes you richer."
Mentioned
Positive self-statements: power for some, peril for others - University of Waterloo Study
Impostor Syndrome - Wikipedia article
Modern Marvels: The Construction of the Panama Canal Documentary
Music
'Keep It Coming (Basto Remix)' by Starkillers & Nadia Ali
