Bogumil Baranowski's Substack
Talking Billions
Ken Honda: Happy Money - The Japanese Art of Making Peace with Your Money
0:00
-1:13:32

Ken Honda: Happy Money - The Japanese Art of Making Peace with Your Money

Another way of looking at money: a money conversation that will make you smile if not laugh!

My guest today is Ken Honda, the best-selling author of a beautiful book — Happy Money.

At just 29 years old, Ken made an unexpected decision: he stepped away from a successful career in consulting and accounting to fully immerse himself in the joys of fatherhood. But it wasn't long before a chance encounter in the park ignited a spark within him.

Watching a mother struggle to balance work and playtime for her child struck a chord with Ken. Determined to ease the financial burdens faced by families, he drew upon his own childhood experiences and penned an essay that eventually evolved into the bestselling book, "Happy Money."

With over 8 million copies sold worldwide, Ken's message of financial freedom and joy has resonated deeply with readers. Through his work, he encourages others to recognize the distinction between happy and unhappy money, inspiring countless individuals to embrace a life of abundance and contentment.

https://kenhonda.com/

Summary

In this conversation, Ken Honda discusses his childhood experiences with money and how they shaped his perspective. He emphasizes the importance of finding happiness and contentment regardless of the amount of money one has. Ken also talks about the energy wrapped up in money and how it can be either happy or unhappy.

He shares the concept of the money game and how those who have the most fun feel the most confident. Ken explores the scarcity mindset and the power of shifting to an abundance mindset. He encourages the idea of saying 'I'm next' instead of feeling envy towards others. Overall, the conversation highlights the importance of having a positive and joyful relationship with money. In this conversation, Ken Honda discusses the concept of wealth and success.

He emphasizes that wealth is not just about money but also about having more than enough and being able to focus on giving rather than getting. He shares the importance of knowing how much money you need for the rest of your life and not getting caught up in the pursuit of more wealth. Ken also talks about the significance of appreciating money and the positive impact it can have on your life.

He encourages listeners to focus on long-term success and building a strong financial foundation. Finally, he discusses the idea of inherited wealth and the importance of leaving a legacy beyond just money.

Key Takeaways:

  1. Find happiness and contentment regardless of the amount of money you have.

  2. Money can have either happy or unhappy energy depending on how it is used.

  3. Approach money as a game and focus on enjoying the process rather than winning or having the most.

  4. Shift from a scarcity mindset to an abundance mindset and say 'I'm next' instead of feeling envy towards others. Wealth is not just about money but also about having more than enough and being able to focus on giving rather than getting.

  5. Knowing how much money you need for the rest of your life is important in order to focus on what truly matters.

  6. Appreciating money and having a positive relationship with it can lead to more abundance in your life.

  7. Long-term success and building a strong financial foundation are key to financial independence.

  8. Leaving a legacy goes beyond just money and can have a lasting impact on future generations.

Chapters:

06:00 Childhood Memories and Early Money Lessons

09:09 The Energy Wrapped Up in Money

12:03 The Money Game: Enjoying the Process

14:52 Shifting from Scarcity to Abundance

18:02 Saying 'I'm Next' Instead of Feeling Envy

38:22 Appreciating Money and the Power of Giving

45:05 Knowing Your Financial Needs and Focusing on What Matters

49:48 Building a Strong Financial Foundation for Long-Term Success

56:32 Leaving a Legacy Beyond Money

Podcast Program – Disclosure Statement

Blue Infinitas Capital, LLC is a registered investment adviser and the opinions expressed by the Firm’s employees and podcast guests on this show are their own and do not reflect the opinions of Blue Infinitas Capital, LLC. All statements and opinions expressed are based upon information considered reliable although it should not be relied upon as such. Any statements or opinions are subject to change without notice.

Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies.  Investments involve risk and unless otherwise stated, are not guaranteed. 

Information expressed does not take into account your specific situation or objectives, and is not intended as recommendations appropriate for any individual. Listeners are encouraged to seek advice from a qualified tax, legal, or investment adviser to determine whether any information presented may be suitable for their specific situation.  Past performance is not indicative of future performance.

Bogumil Baranowski's Substack
Talking Billions
I’m Bogumil Baranowski, author, TEDx speaker, investor, and investment advisor.
Intimate conversations about money, wealth, and living a rich and fulfilling life.
We talk about big ideas, big inspirations, big topics. We take on the hardest subject of all – money: how to make it, save it, keep it, but our conversations lead us to an even bigger question — what it means to live a rich life beyond money. My guests share their practices, principles, and evergreen wisdom.
NOT INVESTMENT ADVICE.