The Mental Wellbeing College

5. Money, Materialism and Happiness | Dr. Emma Bradshaw


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Dr. Emma Bradshaw is a Postdoctoral Research Fellow at the Australian Catholic University. Emma has researched extensively on human motivation, basic psychological needs and goal contents theory. In this episode of The Mental Wellbeing Show, we discuss the ins and outs of intrinsic and extrinsic aspirations. Emma explains the relationship between money, materialism and happiness.

 Further reading on resources and studies mentioned in this episode:

“Intrinsic and Extrinsic Aspirations and Psychological Well-Being: A Meta-Analysis and Latent Profile Analysis of Life Goals” (2019) by Emma Bradshaw. “Expanding the Map of Intrinsic and Extrinsic Aspirations Using Network Analysis and Multidimensional Scaling: Examining Four New Aspirations” (2019) by Frank Martela et. al. “High income improves evaluation of life but not emotional well-being” (2010) by Kahneman and Deaton. “A configural approach to aspirations: The social breadth of aspiration profiles predicts well-being over and above the intrinsic and extrinsic aspirations that comprise the profiles” (2021) by Bradshaw et. al. “Doing Good Better” (2016) by William Macaskill. 80,000 Hours website https://80000hours.org/. GiveWell website https://www.givewell.org/. Aspiration Index found on https://selfdeterminationtheory.org/  under ‘Research & Methods’. 

0.00: Dr. Emma Bradshaw and her research 1.10: Emma’s own journey of intrinsic and extrinsic life goals 3.34: Intrinsic vs. extrinsic aspirations 4.49: The effect of aspirations on wellbeing. 13.04: When can extrinsic aspirations improve wellbeing? 15.22: Does money buy happiness?22.58 : The temptations of materialism. 26.20 : The 4 intrinsic aspirations. 28.00- : Using money for intrinsic purposes. 31.10 : Applying intrinsic aspirations in Emma’s life. 32.11: Measuring your levels of intrinsic and extrinsic aspirations. 32.44: Finding more about Emma’s research. 33:56: The value of living by intrinsic aspirations

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The Mental Wellbeing CollegeBy Indi Dissanayake