Harvard expert: Use this formula to improve your life satisfaction and your relationship with money
money you makeYou may be stuck in the"cult of never enough," says Manisha Thakor, who earned her MBA from Harvard Business School and is the author of""What's soul destroying about it is that you end up having this relationship with money, work, success, and accomplishments that puts you on this hamster wheel because you can never get enough of them," Thakor tells CNBC Make It.
She herself had spent most of her life on that hamster wheel, she notes, while working in the financial services industry. In the process, she damaged her relationships, and mental and physical health.Feeling out of the loop? We'll catch you up on the Chicago news you need to know.
That can lead to feeling unsatisfied with your life despite your accomplishments and how much money you've earned, she says. "In the absence of emotional well-being, incremental money above and beyond what you need doesn't increase your life satisfaction," she says. But it does help to have confidence and clarity about your relationship with money and the role you want it to play in your life.
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