
Dave Rubin of “The Rubin Report” talks to Carl Barney about his book The Happiness Experiment and his “prequest” concept of giving inheritance money while alive; how gifting with purpose encourages recipients to create happiness plans with...
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Carl
This started was my sister's husband was dying and so I flew to England where she was living and I sat down with her and her husband and I said, you know, we know that you're not going to die, but just in case, you know, you're in my will and you can use the money now. So I'm going to bring it forward and give it to you now. And she said, what is that? I said, it's a prequest. Bring this prequest. We'll give it to. She was overjoyed, burst into tears because she was a girl, you know, that's what they do. And she and it really worked very well for them because they would could fulfill last wishes and it was a great experience. But then I thought with, with my friends, you can't just I mean, that was a family member special circumstance. But you can't just sit down with your friends and say, look, here's a big chunk of money. You know, hang in there and be happy. I said, look, it's not a condition. I said, but, you know, I. I want you to use this money, spend it all within the next two, three, maybe top. Top waits five years. And. And that was a shock to the money. Said, but look, I also want this money to have the greatest effect for you, for your success and happiness. So I want to see a plan. And they said, well, what kind of plan? I said, I want you to make a happiness plan. And they said, what's a happiness plan? So I said, well, I'll hire a happiness coach. I'll sit down with you, do the planning with you, create the plan. It'll be your plan. Not for me to approve. Cause it's your plan. But once you send it to me, I'll send you all the money at one time. And that's what I did. And it worked out. Really. Really. And you know what the thing is, Dave, many of them said it wasn't the money, it was the planning. It was the thinking that they did and the planning that made the biggest difference.
Dave
All right, everyone, as you know, I am off the grid for August, but that does not mean that we don't have content for you. In fact, we do have content for you. And joining me today is the author of the new book the Happiness Experiment. My friend, although I haven't seen him in real life in probably a decade, if that's possible. We've just done this virtually.
Carl
Carl.
Dave
Barney. How are you?
Carl
I'm very well, thank you, Dave. And congratulations on taking a vacation.
Dave
I am very happy. I assume wherever I am right now, I am very happy. And hopefully relaxing and decompressing and working on my own personal happiness experiment. Which is exactly why, when you reached out to me a couple weeks ago, I thought this would be a perfect interview to put up for August. Because part of the reason I do it is to reconnect with not only my family and my friends, but myself. It's to disconnect from the algorithms in the world that keep us in a certain state of neurosis and craziness and to get to pilfer a little happiness out of this existence. But you are a happy guy. You got a great smile. You've built a lot of great things in your life. But before we get into the book, specifically for people who don't know you, can you just Tell a little bit of your bio that gets someone like you to write a book like this and then we'll talk about happiness for the duration.
Carl
Well, the reason I wrote the book, Dave, but congratulations on, on your vacation. You know, when I was much, much younger, a kid, I used to think vacations were, you know, a waste of time and only wimps and, and slackers did a vacation. And then I took one and I tell you, vacations are good. And while you're on that vacation, read that book. I, I let a little happiness to you. But the reason I wrote this book was because I saw my friends getting happier. I was running a real time experiment and it was working something that had never been done before. And that's the idea of all the people in my will. And I had 20 people in my will. Friends, employees, former employees, professors, teachers who had taught me things. So there was a whole 20 in addition to family. And I thought, this bequest is great, but I'm going to be dead and there's going to be hopefully many years into the future. So I thought, well, what about bringing it forward and giving it to you now as a prequest? So I looked in the dictionary for prequest, no such entry in there. I went to Google, who knows everything. Even Google doesn't know what a prequest is. So I realized this was completely new and I had it's unknown territory and I had to figure it out. And I figured out and then I wrote about it.
Dave
So you basically, you've made a good amount of money mostly in education, if I'm not mistaken, throughout your life.
Carl
Real estate and education, Dave.
Dave
Real estate and education. You basically decided that instead of when you're gone, the bequest version of this, where most people then give their money away and give properties and whatever it might be, you want to do this when you were alive. But it wasn't just as simple as just handing people money. This is what I think is really interesting about this. There were going to be some conditions involved.
Carl
Well, it really wasn't a condition, but the way this started was my sister's husband was dying and so I flew to England where she was living and I sat down with her and her husband and I said, you know, we know that you're not going to die, but just in case, you know, you're in my will and you can use the money now, so I'm going to bring it forward and give it to you now. And she said, what is that? I said, it's a prequest. Bring this because we'll give it a. She was overjoyed, burst into tears because she was a girl, you know, that's what they do. And she really worked very well for them because they could fulfill last wishes, and it was a great experience. But then I thought with. With my friends, you can't just. I mean, that was a family member special circumstance. But you can't just sit down with your friends and say, look, here's a big chunk of money, you know, hang in there and be happy. I said, look, it's not a condition. I said, but, you know, I want you to use this money, spend it all within the next two, three, maybe top waits five years. And that was a shock to the money. Said, but look, I also want this money to have the greatest effect for you, for your success and happiness. So I want to see a plan. And they said, well, what kind of plan? I said, I want you to make a happiness plan. And they said, what's a happiness plan? So I said, well, I'll hire a happiness coach. I'll sit down with you, do the planning with you, create the plan. It'll be your plan. Not for me to approve, because it's your plan, but once you send it to me, I'll send you all the money at one time. And that's what I did. And it worked out really, really well. And you know what the thing is, Dave, many of them said it wasn't the money, it was the planning. It was the thinking that they did and the planning that made the biggest.
Dave
Difference now was everybody. So it was 20 people plus families. So how many people total?
Carl
With my family, that would be about 24.
Dave
Okay, so 24 people total. Was everyone's reaction to it? Happiness? I mean, were some people saying, no, I don't. No, I don't want it right now, or I'll wait, or I don't need it, or give it to someone else or a series of other things people could say.
Carl
Three people refused it.
Dave
Wow.
Carl
Said, look, it's very generous of you, really appreciate it. We love you, but we can't accept it. And for most of it was, they didn't believe that they deserved it. And one couple had such a tragedy in their life. A dear friend, sweet, lovely people had gone through a tragedy. They'd lost one of their children to a drunk driver. And they were just devastated for years, and they believed they couldn't, wouldn't, shouldn't ever be happy again. So I'm driven. This happiness grant, the prequest became a happiness grant for me. It was expressing my Gratitude to them for their friendship and the help that they'd given me, because all of these people had been really, really close and. And help me in a way. So this is, in a sense, a return for me to acknowledge their generosity by giving them this gratitude grant. But all three of them came around afterwards. You know, I think. I think their wife worked on them and said, you know, we really could use that money. And they came around, but it was difficult. It was hard for me, and it was hard for them because you can't just do that. There's got to be. It's got to be a rationale. It's got to be authentic. It needed to be authentic to me. Why was I doing this? You know, was it sort of a grandiose gesture or sincere, authentic gesture? And it also had to make sense to them. So when I. When I sat down with them, and I did sit down with each of them in a nice dinner, and at home, typically, I would say, look, I'm really, you know, I had a long conversation with them, and I said, and then, I'm really grateful for our relationship. I'm really grateful for what you've done for me, how you have been so generous to me with your advice, your help, your support. And I would tell them specifically what they had done for me. And they said, oh, that's great. They could get that. They understood it. And I said, so in exchange for that, you're in my will. And I told them how much? And they said, well, that makes sense. And it did make sense. I said, but look, there's a couple of problems. They said, first off, I'm planning to live to be 120. And they said, yeah, that could be a problem. And I said, the other thing is, I'll be dead. I won't be able to see you enjoy the money. And they said, well, that's the way it goes. And I said, but look, I have the money now, and so I want to bring this forward. And that says. And there was a huge emotional. And it was like, you mean all the money now is this. Are you kidding? Are you dreaming? And so it was a big thing to accept for them, but when they did accept it and they understood what it was about, that I was authentically expressing my gratitude, expressing my gratitude for their generosity, their support, their help, what they did for me, I mean, it's.
Dave
Such a wonderful idea. You could clearly see that they can make a movie about this. So I have a feeling you're going to tell the movie rights on this thing.
Carl
I mean, I'm in the process of making a movie, Dave.
Dave
I mean, you really can. It just seems, you know, even if they'll have to, even if some of it becomes fiction, like the. Just the concept is so brilliant. So there's so many questions here, but how did you decide how you were going to plan for your life properly if you're giving this money away now and you want to live to 120 and by the way, anything's possible at this point. How do you plan to live the way you want, knowing that you're. You're giving away the bulk of your inheritance right now?
Carl
Well, I'm working on it, Dave. You know, I think happiness is a lifelong pursuit. Life, liberty and the pursuit of happiness. But it goes on forever till the day you die. You're pursuing in one form another, your own happiness. And you know, I'm a businessman, I'm an entrepreneur. I've obviously made a lot of money in real estate and education and I'm thoughtful about this. So I need to be sure that I've got left over for, and I've got plenty of money left over for, for other purposes, other charities, other things I'm working on. So. Richie, that.
Dave
So all right, so you're going to be okay. And that, that was probably the, from what I can sense, probably the least of concerns on your list when, when you sat down with the coach, did you have requirements of the coach in, in how he, he or she was going to guide them related to all of this?
Carl
Yeah, to a degree. I have a really wonderful coach, really super smart guy and he was involved with a bunch of other coaches. So I had a source of really good high level executive coaches and what we did was brief them on how we were going to approach this. You know, we told them the story behind it and that this was happiness coaching, not general coaching, but specifically what we wanted to is focus on this. And most of them had never really quite done that before. And I emphasize, you know, how does one become happy? And I discussed this with my coach and we came up with the formula if you like. And you'll have to read the book to find out what the formula is. And I'm just kidding. But I'll tell you briefly, it's what I call three V's. V as in Victor. First off, you've got to have a vision for your life and a vision can be your dreams. And I really a big believer in dreams. You got to have dreams, things you aspire to, things look great for you. Other things that the daily dream is your career purpose, your central purpose. What you wake up for every day. You know, whatever you're doing that's meaningful to you, that's your vision for every day in your future. And another vision is. I've loved this phrase. You know Rand, Ayn Rand. And you know Ayn Rand, of course, she said, imagine a heaven. A heaven.
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Carl
Earth. And then not just to dream of it, but to make it happen. And so this is what I did. I created my heaven. You know, and most people's heaven involves a home, you know, beautiful art in their home, books, technology, friends, family, pets. You know, create all this thing that's the means, a heaven to you, and then make it happen. And so that's the first V visions. The second V is your values. What do you love? What do you care about? What fascinates you? What are you hoping to gain and keep in your life, such as wealth, health, love, self esteem, family, children, pets, all of those things that we're in some way acting to gain and put into our life. So identify those things clearly that this is what's really meaningful to me. This is what I want. This is the meaning of my life or my values. And I'm not just talking about moral values, and I'm not talking about religious values. I'm talking about obvious things like a career value. I mean, you value your career. I followed your career for 10 years. Congratulations. Incidentally. You're doing good.
Dave
Thank you. Well, you. You saw something in me well before a lot of this. So it goes both ways.
Carl
I did. So. Yeah. So I've done. I'm. You. Yeah, I'm. I'm. I'M delighted. How are you now, Dave? But, you know, those are the values that we get. But you don't get values, just. They don't just drop out of the sky. You have to act, you have to do something. If you want friends, you have to be friendly, you have to be trustworthy, you have to be honest. You know, you have to be a good friend if you want love, you have to be loving and be lovable. So there's actions that you take to achieve your values. And the Greeks viewed virtues as the actions that you applied to achieve values. It's not the modern view of virtues and everybody's virtue scheduling and all signaling and all that stuff, but this is real, practical actions that you take when you want something. If you want to be wealthy, you've got to work, you've got to think, you've got a plan, you've got to start a business, you've got to do something, start a podcast, you know, a TV show or something. You're going to get. Create wealth healthy. You don't become healthy just by living. You got to eat right, you've got to do some exercise. So you've got to do what it takes. And the thing that the do what it takes is what, what I call virtues. And in my book I discuss this view of virtues and the actions necessary to achieve values and achieve your visions, your dreams, your purposes and so forth.
Dave
Did any of the people that you prequested to, I'm sure some of them found it very difficult at times to come up with what would make them happy and plan and work with the coach and all that. Did any of them come up with a plan that you then looked at, even though you did say earlier you would not be the. You would not be the judge of the plan. But did any of them come up with a plan that you kind of were like, this is not my thing, but okay, good luck with that?
Carl
There were those plans. There were some of those plans. And I thought I wouldn't do that. That's a bit something. All that I required is that they spent the money on themselves and those that they cared about. I didn't want them to give the money away again, give it to a church or some other purpose. I said, this is money for. It's my sense of gratitude to you and I want you to achieve success and happiness with this money. But when I got the plans, David, it took sometimes as little as three weeks to come up with a plan. And one person took 10 months to come up with a plan.
Dave
Wow.
Carl
So they really gave a lot of thought to it. They really dug deep into it. So most of the plans were really serious. I mean, some of them were beautiful. I mean, yeah.
Dave
Can you give me an example of, like, one of. One of the plans?
Carl
Well, almost all of the plans involved in some way, their homes. It's really interesting. Home is a source of great pleasure and happiness for most people. And most people did something with their home, either refurnishing or sometime a complete remodel. One person wanted to buy a home. They just hated where they lived. They just didn't like it. This was a professor. He just really wasn't happy there. He said, I've always dreamed of. With a dream of having a beautiful home on a golf course. And so that was his central thing on his. On his thing. I actually questioned about that. I said, you know, you're buying a home. How does that relate to your happiness? I did challenge him a little bit on it, and he said, oh, you cannot believe what this means to us, to have a beautiful home and being a professor. He said, I want to invite my colleagues and my students to my home. He said, I can't do that right now because I hate the home I'm in. It's ugly. But this would be such a great pleasure and joy for me and my wife. And as I explained to it, you know, it made sense. Another person went into build a home from scratch. So they. They bought some land and they built a home. So that was a central part. But there are some things, you know, that I won't even mention them because they. They were a bit weird and wild, but not very many. Just a few things that I raised my eyebrows. But again, it wasn't for me to approve or not. This was their personal plan. But most of them were very rational and thoughtful. And that's where the happiness coach comes in, because it's very hard to create a happiness plan. But if you've got somebody that's smart, that's thoughtful, that understands happiness and works with you closely, it makes a huge amount of difference.
Dave
Do you have any fear that, you know, helping people accomplish these things, whether it's build a home or buy a boat or whatever it might be, that somehow, because that takes the work part out, that that will, you know, take a little edge off the happiness to have accomplished it.
Carl
It.
Dave
Because you referenced that earlier, that work does mean something.
Carl
Yeah. That is such a thoughtful question, and it is a problem. There was one. One person that was having financial difficulties, and I didn't think it would Be right for me to bail him out. I didn't want him. I wanted him to work it out for himself. I wanted him to do what was necessary. And he was working on it. So I delayed that specifically until he'd got that problem solved. And then I met with him and said, hey, here's this. And so this was bonus money. But you're right, you know, people who suddenly get an inheritance or they win the lottery or something like that, it can actually hurt them. And I was aware of that, and I wanted to make sure that that didn't happen. And now I can tell you all 20 people, it did not hurt anyone. And that's.
Dave
Yeah, well, that actually was my next question. So now that some. So obviously a certain amount of this has all been taken care. When did you start this? I mean, what's the Runway on all this? Has the house been built? I mean, I assume you're now in some of their happiness.
Carl
I get feedback from my friends. The house is built. They're living in it and loving it. There's people that are doing things. They send me. They tell me what they're doing. They send me photographs from Bora Bora or one man climbed Kilimanjaro. So they sent me a picture from the top of Kilimanjaro. So I get to enjoy their happiness and my friendships. It didn't alter them a lot. It would have intensified them a bit. I feel closer to them. I think they're closer and more appreciative. To me, that wasn't my purpose, but that's the result of it. So I would say it definitely increased my own happiness. And everyone there became happier. Increased their happiness. They were already pretty happy, but it took them to a new level of happiness. And some were extraordinary. I mean, this couple I was telling you about that were devastated by the loss of their beloved daughter and they were just bereft for five years. They were just miserable. So they said, you know, we have to get out of this. And this. This grant helped them to lift out of it. And they are now wonderfully.
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Carl
Happy and doing great things. And they changed their mindset our daughter would want us to be happy. And that was the trigger that turned it around for them because they were feeling guilty about being happy because, you know, how could they be happy when their dear daughter was dead and the coach was the thing that triggered it, changed their mindset. And happiness is a mindset, Dave. This is a new definition. I've got a new definition. I'm very proud of it. Because there is a happiness mindset. There's a money mindset, there's political mindsets, which you deal with every day. Political mindsets.
Dave
And this is not usually connected to happiness.
Carl
You got that right. But the happiness mindset is a wonderful mindset. There's great possibilities. I deserve to be happy, I can be happy, I want to be happy. If you've got those mindset, those ideas in your mind, you can increase your happiness.
Dave
What would you say, since you mentioned Ayn Rand before and I know you're an objectivist, and obviously a lot of my audience leans at least libertarian. Ish. What would you say to the people that would say, okay, I'm into all of this, but I'm going to get crushed on taxes if I just start giving away all of this money and it goes before I die? Because there has to be some component around that, right?
Carl
Well, there is component, but you can give away. Today, I think it's. President Trump increased the amount that you can give away tax free. I think it's closer to. It used to be like 12 million, I think 12 million a year. Years. So you've got that. You can give $12 million a year if, and I recommend this, if, if you have the money and you have dear friends in your will, don't wait. You don't have to wait. Do it now. Bring it forward. Sit down with them, explain how much this mean, how much they mean to you, how grateful you are for their generosity. Because that's where gratitude comes from. Comes from the generosity. And so we feel grateful for it. I said, look, I want to express this gratitude to you with this prequest. I think that's a terrific thing for people to do. Taxes, you know, what are you going to do? You can't live with them and you can't live without them. They're going to be there. And I would ignore that. Don't get involved in the taxes, do what you want to do and, you know, suffer the tax consequences if you have to.
Dave
I have two more questions for you. So first, did anything about this surprise you in terms of your own feelings about all of this? Not that they chose to do this or they chose to do that, or it took some people a little bit longer to get there or anything. But in terms of the reward for you, was there anything surprising within that?
Carl
Well, the first surprising thing was actually just doing it. I couldn't get my head around this. This is totally ridiculous. You don't sit down with people while you're still alive and give them a whole chunk of money. You know, how do you do that? And it was. It was difficult for me, so I had to come through that. And I think that the joy I got was this couple, as I've told you, who were devastated, totally bereft and depressed for five or six years. And these were accomplished, bright people. You know, they were very good people. And that turnaround brought me a lot of joy. And when I get postcards, pictures, feedback from my friends talking about their happiness, that brings a smile to my face, increases my happiness. But I think there's one other thing that I'm realizing things about this all the time. For instance, this new definition of happiness. Happiness is being a mindset. I think this really, if you'll forgive me, quite profound. I love it. So that's good. But also, happiness is a lifelong process. It's something we can plan for and pursue every week, every month, every year of our lives, and we can continue to do that. It's a wonderful pursuit. It's a wonderful idea.
Dave
Do you feel you're happier now? I'm throwing in a bonus question before I get to last one. Do you feel. Are you at your happiest that you have ever been in your life? Right now?
Carl
I'm as happy now as I've been in some really wonderful happy states. I would say I'm enjoying this now. Yes, I would say so. My happiness now, I think, is more thoughtful, it's more stable, it's more consistent as a result of giving it all this thought, writing this book about happiness. Got it. Got my mindset, happiness mindset, much clearer. And, and, and that's really important. If you got that great mindset, Dave, that happiness is possible, I can do it. I want it. You know, by God, I'm going to go for it. If you've got that into your. Your head, you will increase your happiness. And so my happiness is definitely increased because of my more clear, more solid, stable mindset. Yes.
Dave
And then my final question is the obvious one. Is it possible that my golden ticket was lost in the mail? Well, tell me you didn't see that one coming, my friend.
Carl
Well, I wouldn't tell you, I'm very grateful for you, Dave, but I'm not quite that grateful.
Dave
I'm doing okay. Carl, this has been an absolute pleasure. This is exactly the type of thing that I want people to think about during August. So the book is the Happiness Experiment. The link is right down below. And enjoy the rest of your summer, my friend.
Carl
Thank you. It's been fun.
Dave
For more insightful conversations on how to live the good life, go to our Lifestyle playlist. And if you want to watch full interviews on a wide variety of topics, watch our full episode playlist, all right over here. And to get notified of all future videos, be sure to subscribe and click the notification bell.
Episode: What You Need to Know About the ‘Happiness Experiment’ | Carl Barney
Date: August 31, 2025
Guest: Carl Barney, author of The Happiness Experiment
This episode features an in-depth conversation between host Dave Rubin and entrepreneur/author Carl Barney about Barney’s unique “Happiness Experiment.” Instead of distributing his inheritance posthumously, Carl created a pioneering process—his “prequest”—to give significant monetary gifts to friends and loved ones while he is still alive, but only after they create a well-thought-out "happiness plan." The discussion explores the philosophy behind this radical act of living generosity, the transformative power of intentional happiness, and the practical structures Barney developed to ensure the money leads to true fulfillment rather than the common pitfalls of sudden wealth.
Carl introduces his simple framework for happiness, used with the coach and described in his book:
Engaging, playful, and heartfelt, with a practical yet philosophical exploration of happiness and generosity. Barney brings a distinctly thoughtful, entrepreneurial spirit; Dave contributes humor and curiosity. The conversation strikes a balance between real-world practicality, personal reflection, and enthusiastic advocacy for rethinking legacy and happiness.
For more on Barney’s process and step-by-step guidance, check out his book “The Happiness Experiment.”