Mile High FI Podcast

By Doug Cunnington, Mr. Money Mustache, & Carl JensenSociety & Culture Business Investing Careers

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Typical duration
63 min
per episode

Based on Podcast App listening data

Mile High FI Podcast episodes

June 13, 2023Financial Mistakes We've Made | MHFI 165
Doug and Carl talk to Kyle Landis-Marinello about the (mostly financial) mistakes each of them have made.
Kyle recounts an interview gone bad and learning about personal finance/financial independence late in life

Carl’s scarcity mindset, not spending enough, not taking much time off, and selling Apple stock to fund a real estate purchase

Doug describes a house purchase and subsequent foreclosure

Other mistakes: Miscalculating student loan repayments, stopping contributions to retirement accounts in down markets, analysis paralysis
Do you love Mile High FI? Do you loathe Mile High FI? Regardless of your feelings, set those aside and support us over at Buy Me a Coffee.
Links
Kyle on MHFI Episode 76

Kyle's website

Kyle's book: Personal Finance and Investing

Doug’s site

Carl’s blog: 1500 Days
--
Join the Mile High FI Club – It’s our email list!
Get MHFi Merch – It helps support the show. Get t-shorts & 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
2:37 Reintroduction to Kyle Landis-Marinello
9:08 Kyle’s mistake #1 - Faulty pants
14:13 Kyle’s mistake #2 - Learning about money late
21:06 Carl’s mistake #1 - Not spending
25:33 Carl’s mistake #2 - Selling Apple
29:56 Doug’s mistake - Buying a house
43:12 Kyle’s mistake #3 - Student loans
47:29 Other mistakes
53:10 Soundcheck - Fashion Advice
Do you like the podcast and want to support the show? Follow the links to find out how:
https://buymeacoffee.com/milehighfi
Get MHFi Merch – It helps support the show. Get t-shirts & more
[email protected]
**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.**
58 min
June 06, 2023Retiree's Guide: Overcoming Frugality & Embracing Spending, Pt 4 | MHFI 164
Doug and Carl talk about the shift from saving to spending in retirement. In part 4, they review listener feedback.
Shane talks about how he spent 50% more than planned; and loved it!

Darren and Jolene talk about the difficulty in spending

Anonymous suggests bond ladders as a way to cover retirement spending

Mark talks about the Fun Bucket
Do you love Mile High FI? Support us over at Buy Me a Coffee. It’s the right thing to do. Don’t wait, act now!
Links
Mark’s Money Mind

Do Nothing

Peter Attia

Michael Kitces

Doug’s site - Check out the NEW Sleep Post.

Carl’s blog: 1500 Days
--
Join the Mile High FI Club – It’s our email list!
Get MHFi Merch – It helps support the show. Get t-shorts & 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
1:20 Bidets
8:56 Comments from Shane - pre & post-FI spending
15:33 Comments from Darren & Jolene - spending flexibility
21:27 Future employment
25:18 Comments from Anonymous - bond ladders
28:06 Doing less
35:59 Comments from Mark - fun bucket
42:43 New Tesla
48:28 Soundcheck - The Gym
Do you like the podcast and want to support the show? Follow the links to find out how:
https://buymeacoffee.com/milehighfi
Get MHFi Merch – It helps support the show. Get t-shirts & more
[email protected]
**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.**
54 min
May 30, 2023Retiree's Guide: Overcoming Frugality & Embracing Spending, Pt 3 | MHFI 163
Doug and Carl talk about the shift from saving to spending in retirement. It’s not always easy to go from being a big saver to a big spender. Or even a little spender.
Budgets in retirement

The importance of experiences

The Splurge Fund
Do you love Mile High FI? Support us over at Buy Me A Coffee. Do you really love Mile High FI? Buy us 500 Coffees! Do you really love us, buy us a helicopter and a couple of flight lessons!
Links
ChatGPT

The Paradox of Choice

NoCo Mustachian Meetup

Carl’s very big purchase

Die With Zero

Doug’s site - Check out the NEW Sleep Post.

Carl’s blog: 1500 Days
--
Join the Mile High FI Club – It’s our email list!
Get MHFi Merch – It helps support the show. Get t-shorts & 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
1:22 New acquisitions
8:31 How often Carl & Doug review finances
18:38 Doug’s budget & expense tracking
24:53 Buying more time
29:21 Prioritizing experiences, health, quality of life
38:33 Happiness
48:05 Splurging
56:06 Don’t try to optimize
1:01:06 Support the show
1:05:51 Soundcheck - Carl & Mindy’s guest appearance
Do you like the podcast and want to support the show? Follow the links to find out how:
https://buymeacoffee.com/milehighfi
Get MHFi Merch – It helps support the show. Get t-shirts & more
[email protected]
**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.**
1 hr 11 min
May 23, 2023Retiree's Guide: Overcoming Frugality & Embracing Spending, Pt 2 | MHFI 162
Doug and Carl talk about the shift from saving to spending in retirement. It’s not always easy to go from being a big save to a big spender. Or even a little spender.
Why do early retirees feel guilty about spending?

Societal expectations

Finding balance
Do you love Mile High FI? Of course you do. Show us the love by supporting us over at Buy Me a Coffee.
Links
Ramit Sethi

Downshift Financial

Doug’s site - Check out the NEW Sleep Post.

Carl’s blog: 1500 Days
--
Join the Mile High FI Club – It’s our email list!
Get MHFi Merch – It helps support the show. Get t-shorts & 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
1:12 Psychology of frugality & guilt
6:22 Pivoting to spending more
11:04 Tips & strategies for spending
15:30 Spending in retirement
25:12 Happiness & community
30:36 New branded products coming soon
36:22 Financial flexibility
39:28 Creating a retirement budget vs. actual spending
47:32 Questions for listeners/viewers
51:07 Soundcheck - Simple food stories

Do you like the podcast and want to support the show? Follow the links to find out how:
https://buymeacoffee.com/milehighfi
Get MHFi Merch – It helps support the show. Get t-shirts & more
[email protected]
**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.**
58 min
May 16, 2023Retiree's Guide: Overcoming Frugality & Embracing Spending, Pt 1 | MHFI 161
Doug and Carl talk about the shift from saving to spending in retirement. It’s not always easy to go from being a big save to a big spender. Or even a little spender.
To DIY or not to DIY; Carl’s landscaping adventures

Why it’s difficult to shift from saving to spending

Happiness shouldn’t wait for retirement

Why are we afraid of running out of money?

The 4% Rule. Again.
Do you love Mile High FI? Support us over at Buy Me A Coffee. Do you really love Mile High FI? Buy Us 500 Coffees! Do you really love us, buy us a helicopter and a couple of flight lessons!
Links
Sean Mullany on Mile High FI

EconoMe

Carl’s very big purchase

Die With Zero

Doug’s site - Check out the NEW Sleep Post.

Carl’s blog: 1500 Days
--
Join the Mile High FI Club – It’s our email list!
Get MHFi Merch – It helps support the show. Get t-shorts & 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 Intro
3:53 A small correction from a viewer
6:51 We have a book idea!
8:43 Being accustomed to saving
13:12 Carl's purchases and DIY projects
22:11 From saving to spending
32:44 Buying what makes you happy
37:48 Changing habits
38:58 Two things
41:14 Our new product announcement
43:00 Fear of running out of money
56:43 How you can support us
58:56 Developing a healthy relationship with money
1:01:31 Soundcheck
Do you like the podcast and want to support the show? Follow the links to find out how:
https://buymeacoffee.com/milehighfi
Get MHFi Merch – It helps support the show. Get t-shirts & more
[email protected]
**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.**
1 hr 7 min
May 09, 2023 Why You Need A Will | MHFI 160
Doug and Carl talk to Longmont friend Amy about the death of her husband Phil and the aftermath of dying without a will.
- Phil’s death
- How Colorado treats your estate without a will (intestate succession)
- Specify your beneficiaries. Now!
- Wait, who gets Phil’s money?
- Family fallout
- Actions you need to take

--
Join the Mile High FI Club – It’s our email list!
**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 Intro
2:30 Amy's husband's death
10:15 Not having a will in Colorado
16:29 Are parents entitled to the money of a deceased spouse?
25:55 Laws
27:12 Doug's thoughts
27:58 A spouse is our primary person
29:00 Amy's legal process
32:05 Feelings of betrayal
36:11 How to avoid situations like this
38:44 Setting up a trust
41:07 Doug's will
42:00 Why a trust is better than a will
45:15 Losing relationships along the way
49:40 Amy's socials
52:20 Soundcheck
Do you like the podcast and want to support the show? Follow the links to find out how:
https://buymeacoffee.com/milehighfi
Get MHFi Merch – It helps support the show. Get t-shirts & more
[email protected]
**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.**
58 min
May 02, 2023Mini-Retirements, Travel, & Redefining Success | MHFI 159
Doug and Carl talk to Amy Minkley, founder of FI Freedom Retreats and all around stellar human.
Discovering FIRE

How a chaotic childhood shaped Amy’s money views

Studying History at university

Moving to Asia to teach ESL

Overworking to feel worthy

Job induced depression

The incredible benefits of mini-retirements

Two More Year Syndrome

Traveling with purpose

FartFIRE
Do you think that Mile High FI is a spiffy listen? Don’t lie, we know you do. Why else would you be reading this? Well maybe you’re here to leave a nasty comment. Don’t do it. Be the better person!
Anyway, since you think we’re spiffy, please consider supporting us over at Buy Me A Coffee.
Links
FI Freedom Retreat

Facebook page

Facebook event

Support Mile High FI: Buy Me A Coffee

Amy’s Journey to FI on YouTube

Choose FI

EconoMe

Doug’s site - Check out the NEW Sleep Post.

Carl’s blog: 1500 Days
--
Join the Mile High FI Club – It’s our email list!
Get MHFi Merch – It helps support the show. Get t-shorts & 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 Intro
1:03 How Amy discovered FIRE
5:00 Growing up
8:58 University
14:38 Living abroad
17:10 Are gap years mini-retirements?
22:29 Finding community
28:25 Amy's first FI retreat
30:51 The One Year syndrome
36:16 Amy's FI Freedom retreat
38:30 Making friends
40:51 The perfect day
43:58 Where you can find Amy
47:19 Soundcheck
Do you like the podcast and want to support the show? Follow the links to find out how:
https://buymeacoffee.com/milehighfi
Get MHFi Merch – It helps support the show. Get t-shirts & more
[email protected]
**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.**
54 min
April 25, 2023Life Updates & Tech Adventures: Home Improvements, Travel Plans | MHFI 158
Doug and Carl catch up. They chat about the following topics:
Carl’s home improvement adventures

Doug deletes a show

Carl’s travel plans

Doug gets into ChatGPT

Being alone
Links
Support Mile High FI: Buy Me A Coffee

Doug’s site - Check out the NEW Sleep Post.

Carl’s blog: 1500 Days
--
Join the Mile High FI Club – It’s our email list!
Get MHFi Merch – It helps support the show. Get t-shorts & 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 Intro
1:33 What's Doug been up to
4:06 Getting creative
6:45 Carl's house updates
12:53 Doug's passion for ChatGPT
21:09 Carl's travel plans
25:50 Doug's home alone (with his dog!)
30:45 Trying to drink less
34:50 Carl's retiring for real
35:53 How you can support us
37:33 Soundcheck
Do you like the podcast and want to support the show? Follow the links to find out how:
https://buymeacoffee.com/milehighfi
Get MHFi Merch – It helps support the show. Get t-shirts & more
[email protected]
**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.**
42 min
April 18, 2023Coast FI, Slow FI, & Pioneering Your Path to Financial Freedom | MHFI 157
Doug and Carl talk about different flavors of FI, traditional, Coast FI, Slow FI, and FartFIRE.
New sponsor! Carl’s Quick Hardening Caulk

Traditional FI

Slow FI

Coast FI

FartFIRE
Do you love Mile High FI? Support us over at Buy Me A Coffee. Do you really love Mile High FI? Buy Us Two Coffees! Do you hate Mile High FI? Carl hates coffee so buy him 10!
Links
Support Mile High FI: Buy Me A Coffee

FIoneers on Mile High FI

Doug’s site - Check out the NEW Sleep Post.

Carl’s blog: 1500 Days
--
Join the Mile High FI Club – It’s our email list!
Get MHFi Merch – It helps support the show. Get t-shorts & 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 Intro
5:23 How you can support us
7:03 Different types of FIRE
8:16 Carl's journey from tech to FI
11:50 Doug's journey to FI
15:00 Quiet quitting is real
17:47 Life before and after FIRE
21:25 What is Slow FI?
23:07 What if Carl had done Slow FI?
28:25 Disadvantages of Slow FI
30:16 What is Coast FI?
32:53 Investing into retirement and post-tax accounts
35:48 Pros and cons of Coast FI
39:49 Fart FIRE
46:38 Happiness
Do you like the podcast and want to support the show? Follow the links to find out how:
https://buymeacoffee.com/milehighfi
Get MHFi Merch – It helps support the show. Get t-shirts & more
[email protected]
**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.**
56 min
April 11, 2023Why Do People Do Dumb Things? Part 2 | MHFI 156
Doug and Dusti are back for Part 2 on cognitive biases and how they shape our financial decisions.
How a scarcity mindset can hold you back

Desire to be like everyone else

Decision paralysis

Default bias

Holding onto bad investments

Are we more motivated when we're close to reaching a goal?
Do you love Mile High FI? Support us over at Buy Me A Coffee. Do you really love Mile High FI? Buy Us Two Coffees! and we’ll quit! You win either way!
Links
Connect with Dusti on Instagram

Doug’s site - Check out the NEW Sleep Post.
--
Join the Mile High FI Club – It’s our email list!
Get MHFi Merch – It helps support the show. Get t-shorts & 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 Intro
2:50 Having a scarcity mindset
8:14 The ''what the hell'' effect
13: 35 Social proof and the desire to be like other people
19:08 The cost of friction and decision paralysis
25:34 Default bias
37:20 Why we hold on to bad investments
45: 18 Getting more motivated at the finish line
55:12 Our favorite desserts
Do you like the podcast and want to support the show? Follow the links to find out how:
https://buymeacoffee.com/milehighfi
Get MHFi Merch – It helps support the show. Get t-shirts & more
[email protected]
**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.**
1 hr 10 min

About Mile High FI Podcast

From the publisher's feed

Real talk about Financial Independence and life after corporate jobs. Doug Cunnington and Mr. Money Mustache talk about FI, lifestyle, side hustles, health, and anything on their minds. Plus, they…