126: Happy Money, Improving Your Relationship With Money - Ken Honda

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Invest Like a Boss – Modern Investing Podcast

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Ken Honda is the author of Happy Money: The Japanese Art of Making Peace with Your Money. He is a bestselling author of self-development books in Japan, where he has sold more than seven million books since 2001. While his financial expertise comes from owning and managing several businesses, his writings bridge the topics of finance and self-help, focusing on creating and generating personal wealth and happiness through deeper self-honesty.  During this episode, Ken will help you discover the tools you already possess to heal your own life and relationship with money. Learn how to treat money as a welcome guest, allowing it to come and go with respect and without resentment; understand and improve your money EQ; unpack the myth of scarcity; and embrace the process of giving money, not just receiving it. Links: Kenhonda.com  Facebook  Instagram  Happy Money: The Japanese Art of Making Peace with Your Money - Book   Time Stamps: 02:25 - Introducing the concept of happy money 04:51 - Can money actually buy happiness? 05:25 - “Money definitely can reduce your stress but money itself cannot buy happiness.” - Ken Honda 06:46 - Where does the unhappiness come from? 09:27 - Why it seems like all the bad people make the most money 11:16  - The perfect amount of yearly income to optimize happiness 15:47 - Educating your kids on money 16:40 - “Teach your kids how to be satisfied, whatever you have otherwise you’re into comparison with other people and feel miserable.” - Ken Honda 17:59 - The international relationship with money and changing your energy 20:01 - “The key to wealth is appreciation and gratitude.” - Ken Honda 23:46 - Best advice for young people and their relationship with money 27:41 - Paying and supporting your local community 34:20 - Sam & Johnny FD’s current relationship with money