Best friends Joel and Matt are the co-hosts of How to Money which is all about providing the knowledge & tools that normal folks need to thrive in areas like debt payoff, DIY investing, and crucial money tricks that will provide continuous help along your journey. We believe that access to unbiased and jargon-free personal finance guidance is more necessary than ever before. When you handle your money in a purposeful, thoughtful way that works for your lifestyle, you can really start living ...
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After decades of saving/investing, it's hard to immediately flip a switch and go into spending mode.
Spending is a skill that you should develop on your way to FI, so that you're better at it when the time comes to really do it.
Here's what worked for me over the last few years!
Highlights
- How to reframe expenses and recalibrate how you value money (e.g. College Calculation, 0.01% Rule, etc.)
- Why you should expect inefficiencies/waste as your net worth grows
- The benefits of splurge accounts and forced annual-spending targets
- Balancing the idea that "everything is free" with the benefits of incremental improvements
- The importance of prioritizing "now" over "the future", while still spending/saving for both
- How to give more while increasing the personal benefits of that giving
85 episodes