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

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

FromMile High FI Podcast


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

FromMile High FI Podcast

ratings:
Length:
57 minutes
Released:
May 23, 2023
Format:
Podcast episode

Description

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

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Links

Ramit Sethi
Downshift Financial
Doug’s site - Check out the NEW Sleep Post.
Carl’s blog: 1500 Days

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**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

 
Released:
May 23, 2023
Format:
Podcast episode

Titles in the series (100)

Real talk about Financial Independence and life after corporate jobs. Carl Jensen and Doug Cunnington talk about FI, lifestyle, side hustles, health, and anything on their minds. Plus, they interview experts and non-experts interested in the FI lifestyle. It's raw, candid, pretty much like you get to sit in on a private conversation.