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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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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
Do you like the podcast and want to support the show? Follow the link to find out how: https://milehighfi.com/support/
Curious to know exactly what products Doug uses? Check out his Amazon lists below. *Affiliate links below, so if you buy something or spend money, we might earn a commission. That helps the show and doesn’t cost you anything extra. Thank you!
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Links
- Connect with Dusti:
- ChooseFI Travel Rewards
- Steven Keys (Trip of a Lifestyle) on The Doug Show
- Barry Schwartz, “The Paradox of Choice”
- Logan Ury, “How to Not Die Alone”
- Derek Sivers, “Hell Yeah or No”
- SideDish podcast
- MHFI Facebook group
- Doug’s site
- Check out Producer Chris’s new blog: Epic Financial Journey
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Join the Mile High FI Club – It’s the 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
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
306 episodes
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