Retiree's Guide: Overcoming Frugality & Embracing Spending, Pt 3 | MHFI 163

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 saver to a big spender. Or even a little spender.
  • Budgets in retirement
  • The importance of experiences
  • The Splurge Fund
Do you love Mile High FI? Support us over at Buy Me A Coffee. Do you really love Mile High FI? Buy us 500 Coffees! Do you really love us, buy us a helicopter and a couple of flight lessons! 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 1:22 New acquisitions 8:31 How often Carl & Doug review finances 18:38 Doug’s budget & expense tracking 24:53 Buying more time 29:21 Prioritizing experiences, health, quality of life 38:33 Happiness 48:05 Splurging 56:06 Don’t try to optimize 1:01:06 Support the show 1:05:51 Soundcheck - Carl & Mindy’s guest appearance
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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 saver to a big spender. Or even a little spender.
  • Budgets in retirement
  • The importance of experiences
  • The Splurge Fund
Do you love Mile High FI? Support us over at Buy Me A Coffee. Do you really love Mile High FI? Buy us 500 Coffees! Do you really love us, buy us a helicopter and a couple of flight lessons! 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 1:22 New acquisitions 8:31 How often Carl & Doug review finances 18:38 Doug’s budget & expense tracking 24:53 Buying more time 29:21 Prioritizing experiences, health, quality of life 38:33 Happiness 48:05 Splurging 56:06 Don’t try to optimize 1:01:06 Support the show 1:05:51 Soundcheck - Carl & Mindy’s guest appearance
2023-05-30 70 min
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