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.
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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.**
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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
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