Learning How to Spend Money (While Enjoying Every Dollar Spent)

Learning How to Spend Money (While Enjoying Every Dollar Spent)

After decades of saving/investing, it's hard to immediately flip a switch and go into spending mode.

Spending is a skill that you should develop on your way to FI, so that you're better at it when the time comes to really do it.

Here's what worked for me over the last few years!

Highlights

  • How to reframe expenses and recalibrate how you value money (e.g. College Calculation, 0.01% Rule, etc.)
  • Why you should expect inefficiencies/waste as your net worth grows
  • The benefits of splurge accounts and forced annual-spending targets
  • Balancing the idea that "everything is free" with the benefits of incremental improvements
  • The importance of prioritizing "now" over "the future", while still spending/saving for both
  • How to give more while increasing the personal benefits of that giving

Jaksot(84)

Ramit Sethi – How to Spend (and Actually Enjoy It)

Ramit Sethi – How to Spend (and Actually Enjoy It)

On today's episode of the Financial Independence Podcast, I welcome back Ramit Sethi from I Will Teach You to Be Rich! I needed someone to come on the show to provide some tough love and Ramit was the...

17 Helmi 202351min

My Family - Raising Money-Smart Kids

My Family - Raising Money-Smart Kids

Over the last few years, I interviewed members of my family to find out two things: How I became the Mad Fientist (i.e. where did I get my extreme ideas about money) What advice they'd give to parent...

14 Joulu 202218min

Podcast Takeover: The FI Show - Employee vs. Entrepreneur

Podcast Takeover: The FI Show - Employee vs. Entrepreneur

Cody Berman and Justin Taylor, hosts of the FI Show, have both achieved financial independence but they've taken drastically different paths to get there. Listen to this Podcast Takeover episode to he...

1 Loka 202237min

Mad Fientist Jr. - Why I'm Appreciating FI More Than Ever Now

Mad Fientist Jr. - Why I'm Appreciating FI More Than Ever Now

Life has completely changed. And because of this major change, I'm even more grateful for the freedom, flexibility, and time that financial independence and early retirement provide. In this short epi...

2 Syys 202211min

Podcast Takeover: Financial Independence Europe - Effective Altruism

Podcast Takeover: Financial Independence Europe - Effective Altruism

Welcome to another podcast-takeover episode of the Financial Independence podcast! This time, Mathias from the Financial Independence Europe podcast takes over the show to talk to Luke Freeman (from G...

27 Kesä 202251min

The Best Advice from Mr. Money Mustache

The Best Advice from Mr. Money Mustache

Exactly 10 years ago, I released the first episode of the Financial Independence Podcast! To celebrate this big birthday, I've collected all the best advice from my interviews with my very first podca...

31 Touko 202214min

Aime to Invest – From Bankruptcy to FI in 8 Years

Aime to Invest – From Bankruptcy to FI in 8 Years

On today's episode of the Financial Independence Podcast, I speak to Patrick Aime from Aime to Invest! Patrick's journey to FI is an incredible one. He… Moved from his home in Rwanda to attend high s...

25 Huhti 202237min

Podcast Takeover: Mile High FI - Early Retirement Failures & Successes

Podcast Takeover: Mile High FI - Early Retirement Failures & Successes

I'm excited to share with you the first Podcast Takeover episode of the Financial Independence Podcast! Carl and Doug from the Mile High FI podcast take over the Financial Independence Podcast to talk...

28 Maalis 202238min

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
mimmit-sijoittaa
psykopodiaa-podcast
rss-rahapodi
rss-rahamania
ostan-asuntoja-podcast
rahapuhetta
rss-laakispodi
rss-sisalto-kuntoon
herrasmieshakkerit
sijoituspodi
rss-draivi
inderespodi
rss-sami-miettinen-neuvottelija
rss-lahtijat
rss-bisnesta-bebeja
rss-karon-grilli
rss-seuraava-potilas
rss-paasipodi
vapauta-supervoimasi-podcast