How to Money · Friday, July 24, 2026
Joel and Matt debated whether financial stability eliminates daily stress, concluding that while money can remove financial anxieties, other life stressors will persist. They emphasized that money is a tool to achieve broader life goals like freedom and generosity, not an end in itself. They also touched upon the potential for increased financial obligations to create new stresses, even for the wealthy.
“No, I don't think it does. I think there's still a lot of things to stress you out in life, especially as a dad with kids who are going through a bunch of stuff. But I will say to not have money as a stressor in addition, and it's not that we don't stress about money at all, right, but to have it largely off the table as something that creates arguments or something we have to worry about frequently. Yeah, No, it dials down the temperature of a lot of things that we have to discuss.”
“Yeah, it just depends on how many other daily stresses you have. If all of your daily stress comes down to financial anxieties that you might have, then yeah, having some financial margin, having that what you say, and she said, financial stability, that would absolutely help, right, Like to not have to worry about whether or not you're going to have your power cut off or the water turned off like that kind of thing. Oh my gosh.”
“And if you think that money is going to cure all of your ills, you're dead wrong. And so yes, yes, I'm having more money. It's a tool and it can help certain things, but there's a lot of things that it can't speak to. There's a lot of things that it can't fix, So you have to know that going into it.”