Episode 42 – Hyper Capitalism with Professor Tim Kasser

In this episode Chris chats to Professor Tim Kasser about his book Hyper Capitalism. They explore the difference between buying and consuming, the negative effects that materialism has on our long term wellbeing and marketing in our consumer society. If spending money on materialistic values doesn’t make us happy, what we can do to increase our wellbeing? Join Chris, David and Producer Tommo as they answer listeners questions and the ever popular #tightasstommo money saving tips.


Welcomes & Introductions

What is this podcast all about? – The relationship between wellbeing and ‘stuff’

Listeners QuestionsWhat is income drawdown?

Tight Ass Tommo

Many thanks to Simone Gnessen, Chris Tilly and Joe Bloom for their tips on spending habits, digital banking and ‘saving’ change in a jar

Episode 17 – Simonne Gnessen

#Tip of the week – Money for old electrical products Mazuma Mobile

Who is Tim Kasser?

Hyper Capitalism book

How Tim researches materialism and consumerism and its effects on wellbeing

Aligning values – the more people focus on materialistic values the more unhappy they are

Goals and wellbeing

What does intrinsic and extrinsic mean?

Extrinsic values. External and materialistic – money, image, status. The focus is on external reward or praise from others

Intrinsic values. Internal and essential – personal growth, connection to loved ones, physical health, community feeling. They are satisfying to pursue and meet psychological needs

Using money to increase intrinsic wellbeing

Financial behaviour

Marketing in our consumer society – what effect does advertising have on our wellbeing?

‘don’t use money to solve a problem that does not need money to solve it’

Children and advertising

Materialistic values and a destructive attitude to the environment

What do people care about vs the behaviour they display

The difference between buying and consuming – consuming is often mindless, buying in contrast has the potential to be mindful

What can we do differently to beat hyper-capitalism and increase wellbeing?

Timebanks – using time instead of money for exchange of services


Do you have any financial wellbeing questions you would like us to answer?  Do you have a #tightasstommo money saving tip you would like to share with our listeners?

If so, let us know and they could feature on a future episode. Contact us via Twitter @Finwellbeing or email – contact@financialwell-being.co.uk


If you would like to purchase a copy of The Financial Wellbeing Book please click on this link to visit Penny Brohn UK shop


By | 2018-10-19T14:29:12+01:00 October 21st, 2018|Podcast|Comments Off on Episode 42 – Hyper Capitalism with Professor Tim Kasser

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