Financial troubles can feel paralyzing, but even if you don’t have looming debts or expenses, money can still be hard to manage.
Over the years, a handful of TED speakers have shared their wisdom for taking control of your personal finance.
Here are some ideas to consider the next time you’re feeling stressed about money.
“How to buy happiness” by Michael Norton
Harvard professor Michael Norton shared in his 2011 talk the findings from research on giving.
While we may want the newest toys as kids, Norton’s research has shown the quickest way to boost your happiness is to give, not receive.
No matter the size of the gift, his studies have shown much larger increases in wellbeing when people spend on others instead of treating themselves.
“Could your language affect your ability to save money?” by Keith Chen
In 2012, behavioral economist Keith Chen gave a talk on the importance of thinking about the future as if it were the present.
From his research, people who speak languages that don’t have a future tense — “It rains tomorrow” instead of “It will rain tomorrow” — generally save more of their money.
For people who want to spend less, Chen’s advice is to think in similar terms. Focusing less on the future could help people feel a more immediate need to save today.
“Let’s raise kids to be entrepreneurs” by Cameron Herold
In his 2010 talk, serial entrepreneur Cameron Herold stresses the importance of helping kids learn personal finance early on so they can turn good ideas into thriving businesses.
The wisdom applies for adults, too. People can become better with money by appreciating what it took to earn it, Herold said.