Retiree's Guide: Overcoming Frugality & Embracing Spending, Pt 2 | MHFI 162

Mile High FI Podcast

Doug and Carl talk about the shift from saving to spending in retirement. It’s not always easy to go from being a big save to a big spender. Or even a little spender.
  • Why do early retirees feel guilty about spending?
  • Societal expectations
  • Finding balance
Do you love Mile High FI? Of course you do. Show us the love by supporting us over at Buy Me a Coffee. Links -- Join the Mile High FI Club – It’s our email list! Get MHFi Merch – It helps support the show. Get t-shorts & more **Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won't even make such a claim. You shouldn't take the info as financial, legal, or tax advice. We aren't certified financial planners or advisors. We're not qualified for much. So get advice from professionals.** Brought To You By: The Doug Show, aka Affiliate Marketing & Side Hustles 1500 Days, Carl's Blog about Early Retirement Email us here: doug@milehighfi.com or carl@milehighfi.com 0:00 Introduction 1:12 Psychology of frugality & guilt 6:22 Pivoting to spending more 11:04 Tips & strategies for spending 15:30 Spending in retirement 25:12 Happiness & community 30:36 New branded products coming soon 36:22 Financial flexibility 39:28 Creating a retirement budget vs. actual spending 47:32 Questions for listeners/viewers 51:07 Soundcheck - Simple food stories
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Doug and Carl talk about the shift from saving to spending in retirement. It’s not always easy to go from being a big save to a big spender. Or even a little spender.
  • Why do early retirees feel guilty about spending?
  • Societal expectations
  • Finding balance
Do you love Mile High FI? Of course you do. Show us the love by supporting us over at Buy Me a Coffee. Links -- Join the Mile High FI Club – It’s our email list! Get MHFi Merch – It helps support the show. Get t-shorts & more **Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won't even make such a claim. You shouldn't take the info as financial, legal, or tax advice. We aren't certified financial planners or advisors. We're not qualified for much. So get advice from professionals.** Brought To You By: The Doug Show, aka Affiliate Marketing & Side Hustles 1500 Days, Carl's Blog about Early Retirement Email us here: doug@milehighfi.com or carl@milehighfi.com 0:00 Introduction 1:12 Psychology of frugality & guilt 6:22 Pivoting to spending more 11:04 Tips & strategies for spending 15:30 Spending in retirement 25:12 Happiness & community 30:36 New branded products coming soon 36:22 Financial flexibility 39:28 Creating a retirement budget vs. actual spending 47:32 Questions for listeners/viewers 51:07 Soundcheck - Simple food stories
2023-05-23 57 min
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