--- title: "The Soul of Wealth with Daniel Crosby" description: "We live in a world where numbers rule—stacking up wealth, counting dollars, and chasing financial milestones. We live in a world where numbers rule—stacking…" url: https://www.milemarker.co/podcast/the-soul-of-wealth-with-daniel-crosby updated: 2025-01-21 --- [Now playing](https://www.milemarker.co/podcast) [Podcast**Next Mile**](https://www.milemarker.co/podcast) [Episodes](https://www.milemarker.co/podcast)[Guests](https://www.milemarker.co/podcast/guests) [YouTube](https://www.youtube.com/@milemarkerinc) [Apple](https://podcasts.apple.com/us/podcast/the-connected-advisor/id1691759257) [Spotify](https://open.spotify.com/show/0Lw8kHGnS1JJBMZLPYxc9S) Episode 77 · Jan 21, 2025 · 39 min # The Soul of Wealth with Daniel Crosby [**Daniel Crosby***Chief Behavioral Officer, Orion*](https://www.milemarker.co/podcast/guests/daniel-crosby) [Apple Podcasts ↗](https://podcasts.apple.com/us/podcast/the-connected-advisor/id1691759257) [Spotify ↗](https://open.spotify.com/show/0Lw8kHGnS1JJBMZLPYxc9S) ## About this episode We live in a world where numbers rule—stacking up wealth, counting dollars, and chasing financial milestones. It's a common pitfall to equate money with happiness, as society frequently portrays financial success as the ultimate goal. While money can bring freedom and opportunity, it also reveals that as powerful as it is, it remains a tool, not a solution to all of life's challenges. In this episode, Kyle Van Pelt talks with Daniel Crosby, Chief Behavioral Officer at Orion Advisor Solutions, New York Times bestselling author, and the host of the Standard Deviations podcast. Daniel helps individuals and organizations thrive at the intersection of psychology and finance. His book, The Soul of Wealth, explores what wealth really is and provides practical suggestions for how to change your thinking and your actions in small, powerful ways. Daniel talks with Kyle about money, meaning, and the human side of wealth. Daniel dives deep into the often-overlooked aspects of wealth, the power of conscious spending, and the parallels between health and wealth. In this episode: - (00:00) - Intro - (02:05) - The Soul of Wealth - (06:47) - Daniel's thoughts on donor-advised funds - (09:58) - The burden of wealth - (17:19) - Why the influencer culture is rooted in half-truths - (24:19) - The parallels between health and wealth - (31:34) - New changes to Daniel's podcast, Standard Deviations - (36:07) - Milemarker Minute **Key Takeaways** - Every dollar spent is a vote for the kind of world you want to live in. - Achieving financial success can bring unexpected challenges like isolation, anxiety, and a loss of purpose. It's crucial to recognize that money is a tool, not a solution to all problems. - Money and online influence can provide fleeting satisfaction, but they don't replace authentic human connection, purpose, or love. - It's easy to fixate on achieving a specific financial goal or level of success. However, finding joy in the journey and focusing on the behavioral and relational aspects of life are equally important. **Quotes** "I'm always looking for ways to humanize wealth, budgeting, and investing. Understanding that the way you spend every dollar is a vote for the kind of world you want to live in." ~ Daniel Crosby "Money is easy to stack. Money is easy to count. Money is easy to quantify. Because it is all those things, we treat it as a proxy for happiness." ~ Daniel Crosby "The five facets of a meaningful life are fun and leisure, deep work, loving relationships, meaning, and advancement. Money is only exceptional at scratching one of these itches." ~ Daniel Crosby "The belief that money is a tool that solves every problem is so hard to shake because it is riddled with half-truths. Money can't buy us happiness outright, but it can buy us the absence of misery. Money can't buy us love, but it can buy us chocolate and roses. Money can't buy us purpose, but it can buy us time to reflect on the meaning of life." ~ Daniel Crosby **Links** - [Daniel Crosby on LinkedIn](https://www.linkedin.com/in/danielcrosby/) - [Orion Advisor Solutions](https://orion.com/) - [The Soul of Wealth](https://www.amazon.com/Soul-Wealth-reflections-money-meaning/dp/1804090441) - [Standard Deviations](https://podcasts.apple.com/us/podcast/standard-deviations-with-dr-daniel-crosby/id1241946146) - [Eric Clarke](https://www.linkedin.com/in/eric-clarke-06557810/) - [Neverwhere](https://www.amazon.com/Neverwhere-Neil-Gaiman/dp/0380789019) **Connect with our hosts** - [Milemarker.co](https://www.milemarker.co/) - [Kyle on LinkedIn](https://www.linkedin.com/in/kylevanpelt/) - [Jud on LinkedIn](https://www.linkedin.com/in/judmackrill/) **Subscribe and stay in touch** - [Apple Podcasts](https://podcasts.apple.com/us/podcast/connected/id1691759257) - [Spotify](https://open.spotify.com/show/0Lw8kHGnS1JJBMZLPYxc9S) - [YouTube](https://www.youtube.com/@milemarkerinc) ## **Produce game-changing content with Turncast** Turncast helps your company grow by producing top-quality content and fostering transformative conversations. We specialize in content generation, podcasting, digital strategy, and audience growth for fintech and financial services companies. Learn more at [Turncast.com](https://www.turncast.com/). ## The write-up ?iv\_load\_policy=3&rel=0&modestbranding=1&playsinline=1&autoplay=0&mute=1” data-thumbnail=“Medium Quality” frameborder=“0” allow=“presentation; fullscreen; accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture”> [Listen to this week’s episode.](https://open.spotify.com/episode/4V0qpHTyEr1z6BOasjgtYL?si=877eaef3f56a44a7&utm_source=newsletter.milemarker.co&utm_medium=newseletter&utm_campaign=the-soul-of-wealth&nd=1&dlsi=74c31242170a4dda) ## Episode 077 On this week’s episode of The Connected Advisor, I speak with [Daniel Crosby](https://www.linkedin.com/in/danielcrosby/?utm_source=newsletter.milemarker.co&utm_medium=newseletter&utm_campaign=the-soul-of-wealth), Chief Behavioral Officer at [Orion Advisor Solutions](https://orion.com/?utm_source=newsletter.milemarker.co&utm_medium=newseletter&utm_campaign=the-soul-of-wealth), New York Times bestselling author, and the host of the [Standard Deviations](https://podcasts.apple.com/us/podcast/standard-deviations-with-dr-daniel-crosby/id1241946146?utm_source=newsletter.milemarker.co&utm_medium=newseletter&utm_campaign=the-soul-of-wealth) podcast. In this episode, Daniel dives deep into the often-overlooked aspects of wealth, the power of conscious spending, and the parallels between health and wealth. He helps individuals and organizations thrive at the intersection of psychology and finance. His book, [The Soul of Wealth](https://www.amazon.com/Soul-Wealth-reflections-money-meaning/dp/1804090441?utm_source=newsletter.milemarker.co&utm_medium=newseletter&utm_campaign=the-soul-of-wealth), explores what wealth really is and provides practical suggestions for how to change your thinking and your actions in small, powerful ways. #### **Key Takeaways** Every dollar spent is a vote for the kind of world you want to live in. Achieving financial success can bring unexpected challenges like isolation, anxiety, and a loss of purpose. It’s crucial to recognize that money is a tool, not a solution to all problems. Money and online influence can provide fleeting satisfaction, but they don’t replace authentic human connection, purpose, or love. It’s easy to fixate on achieving a specific financial goal or level of success. However, finding joy in the journey and focusing on the behavioral and relational aspects of life are equally important. #### **Quotes** “I’m always looking for ways to humanize wealth, budgeting, and investing. Understanding that the way you spend every dollar is a vote for the kind of world you want to live in.” ~ [Daniel Crosby](https://www.linkedin.com/in/danielcrosby/?utm_source=newsletter.milemarker.co&utm_medium=newseletter&utm_campaign=the-soul-of-wealth) “Money is easy to stack. Money is easy to count. Money is easy to quantify. Because it is all those things, we treat it as a proxy for happiness.” ~ [Daniel Crosby](https://www.linkedin.com/in/danielcrosby/?utm_source=newsletter.milemarker.co&utm_medium=newseletter&utm_campaign=the-soul-of-wealth) “The five facets of a meaningful life are fun and leisure, deep work, loving relationships, meaning, and advancement. Money is only exceptional at scratching one of these itches.” ~ [Daniel Crosby](https://www.linkedin.com/in/danielcrosby/?utm_source=newsletter.milemarker.co&utm_medium=newseletter&utm_campaign=the-soul-of-wealth) “The belief that money is a tool that solves every problem is so hard to shake because it is riddled with half-truths. Money can’t buy us happiness outright, but it can buy us the absence of misery. Money can’t buy us love, but it can buy us chocolate and roses. Money can’t buy us purpose, but it can buy us time to reflect on the meaning of life.” ~ [Daniel Crosby](https://www.linkedin.com/in/danielcrosby/?utm_source=newsletter.milemarker.co&utm_medium=newseletter&utm_campaign=the-soul-of-wealth) #### **Links** [Neverwhere](https://www.amazon.com/Neverwhere-Neil-Gaiman/dp/0380789019?utm_source=newsletter.milemarker.co&utm_medium=newseletter&utm_campaign=the-soul-of-wealth) [Daniel Crosby on LinkedIn](https://www.linkedin.com/in/danielcrosby/?utm_source=newsletter.milemarker.co&utm_medium=newseletter&utm_campaign=the-soul-of-wealth) [Orion Advisor Solutions](https://orion.com/?utm_source=newsletter.milemarker.co&utm_medium=newseletter&utm_campaign=the-soul-of-wealth) [The Soul of Wealth](https://www.amazon.com/Soul-Wealth-reflections-money-meaning/dp/1804090441?utm_source=newsletter.milemarker.co&utm_medium=newseletter&utm_campaign=the-soul-of-wealth) [Standard Deviations](https://podcasts.apple.com/us/podcast/standard-deviations-with-dr-daniel-crosby/id1241946146?utm_source=newsletter.milemarker.co&utm_medium=newseletter&utm_campaign=the-soul-of-wealth) [Eric Clarke](https://www.linkedin.com/in/eric-clarke-06557810/?utm_source=newsletter.milemarker.co&utm_medium=newseletter&utm_campaign=the-soul-of-wealth) #### **Connect with our hosts** [Milemarker.co](https://www.milemarker.co/) [Kyle on LinkedIn](https://www.linkedin.com/in/kylevanpelt/) [Jud on LinkedIn](https://www.linkedin.com/in/judmackrill/) #### **Subscribe and stay in touch** [Apple Podcasts](https://podcasts.apple.com/us/podcast/connected/id1691759257) [Spotify](https://open.spotify.com/show/0Lw8kHGnS1JJBMZLPYxc9S) [YouTube](https://www.youtube.com/watch?v=X7-h41QYTT4) **While there, please don’t forget to Download, Like, and Subscribe.** If you’d like to schedule a time to talk with me about anything we cover on our podcast or [Milemarker](https://www.milemarker.co/), [click here for 15 minutes](https://meetings.hubspot.com/kyle-van-pelt). Kyle Van Pelt [**Daniel Crosby***Chief Behavioral Officer, Orion*](https://www.milemarker.co/podcast/guests/daniel-crosby) Next Mile Conversations with the people building the next era of wealth management, hosted by Kyle Van Pelt. New episodes every Tuesday. [Get the newsletter →](https://www.milemarker.co/resources/newsletter) [Talk to Milemarker →](https://www.milemarker.co/contact)