Mindy and Carl catch up with long-time friend Brandon, the Mad Fientist, to discuss the balance between spending, saving, and maintaining happiness. Brandon details his journey from extreme frugality to spending experiments to purposeful spending/spending for happiness. He also discusses the indispensable role of personal development, the importance of experiences over possessions, and the influence of parenthood and life events in reshaping priorities.
Note: This is a rebroadcast of episode 22 of the “Mindy on Money” podcast.
Save 50% site-wide on your new mattress, pillow, and bedding over at GhostBed (coupon code: MILEHIGHFI)
Interested in your own spending experiment? If so, head over to Buy Me A Coffee and experiment with supporting the show!
Links
—
Join the Mile High FI Club – It’s our email list!
Get MHFi Merch – It helps support the show. Get t-shirts & 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: [email protected] or [email protected]
0:00 Introduction
4:29 Catching up with Brandon
10:32 Lessons from Ramit & Die With Zero
17:15 Recovering from Ramit
23:01 Carl’s Tesla
30:12 Spending experiments
41:23 Navigating the emotions of FI
48:12 Reframing thoughts on “frivolous” spending
53:00 Keys to happiness
58:03 Advice for others on their FI journeys
1:06:45 Bloopers & closing thoughts
Doug chats with Pete Adeney (Mr. Money Mustache) about a variety of topics centered around retirement, fitness, happiness, and sustainable living. Pete also answers...
Few topics in the FIRE community are more controversial than the 4% Rule. In this episode, Carl and Doug discuss the history of the...
Doug and Carl talk to the famous Brandon aka The Mad Fientist! Here are a few highlights of our discussion: Carl and Brandon reminisce...