Credit Card Points, Doug’s Cognitive Meltdown, Saying NO! [rebroadcast] | MHFI 275

Doug and Dusti Young chat about a potpourri of topics on this random episode:

• Credit card points – which cards Doug & Dusti each have, hoarding points
• Cognitive biases – loss aversion, sunk cost, maximization (optimizing) vs. satisficing
• Having a hard time saying NO

Note: This is a rebroadcast of MHFI episode 178

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• Guitar Accessories
• Hiking & Outdoor
• Essentials for Sleep

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Links

• Connect with Dusti:
  • Instagram
  • Facebook
• ChooseFI Travel Rewards
• Steven Keys (Trip of a Lifestyle) on The Doug Show
• Barry Schwartz, “The Paradox of Choice”
  • Kindle
  • Hardcover
  • Paperback
  • Audiobook
• Logan Ury, “How to Not Die Alone”
  • Kindle
  • Hardcover
  • Paperback
  • Audiobook
• Derek Sivers, “Hell Yeah or No”
  • Kindle
  • Hardcover
  • Paperback
  • Audiobook
• SideDish podcast
• MHFI Facebook group
• Doug’s site
• Check out Producer Chris’s new blog: Epic Financial Journey

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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

Email the show: [email protected]

0:00 Introduction

6:06 Puppy yoga, laziness, & napping

12:46 Credit card points

18:56 Hoarding points

24:21 Doug’s gym conundrum

29:32 Loss aversion & sunk cost

36:20 Maximizing vs. satisficing 

42:19 Just say NO

47:40 Trade-offs & setting boundaries

55:42 Soundcheck – Go-karting