Can money buy happiness … even in a recession?
The word recession has been all over the news lately. Inflation is high, our purchasing power is not, and we're all looking for a solution that can help us spend smarter or at least spend in a way that doesn't make us cringe. In this episode, Jean and Soledad are joined by Edelman Financial Engines wealth planner Rose Niang to talk about what a recession would mean for investors and how to not get distressed by the headlines. Later in the episode, Soledad and Jean interview Michael Norton, co-author of Happy Money: The Science of Happier Spending, about how you can get more happiness for your money.
This show is pre-recorded, and any callers are prescreened.
Ms. Chatzky and Ms. O’Brien receive cash compensation for acting as hosts of the Everyday Wealth radio show and podcast and for related activities and therefore have an incentive to endorse Edelman Financial Engines and its planners. That compensation is a fixed sum paid on an annual basis; and reimbursement for certain expenses. The amount paid each year does not vary, is not based on show content or any results-dependent factors (e.g., popularity of the show).