Mile High FI Podcast

When Spending Feels Wrong: Tackling FI Guilt and Money Mindsets | MHFI 196


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Money Struggles, Celebrating Success, and Potential Return to Work (in the soundcheck)
We discuss listeners' questions on their individual financial journeys. Topics covered include the struggle to attain financial independence, the guilt associated with spending large amounts, the decision to stay in a high-paying but unfulfilling job versus seeking a lower-paying but satisfying career, and the challenges of maintaining control amidst smaller and larger expenses.
Lastly, Carl shared his thoughts on possibly returning to work if a specific, exciting opportunity comes his way, and we discussed our spending habits and attitudes to managing finances.

Links:

  • All The Hacks (includes discussion on Mint alternatives)
  • Mad FIentist on Mile High FI
  • Mark Trautman
  • Money trackers:
    • Empower: https://www.empower.com/
    • Kubera: https://www.kubera.com/
    • Copilot: https://copilot.money/
    • Projection Lab: https://projectionlab.com/
    • Mad FIentist FI Laboratory: https://www.madfientist.com/fi-laboratory/
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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.**
      Brought To You By:
      The Doug Show, aka Affiliate Marketing & Side Hustles
      1500 Days, Carl's Blog about Early Retirement
      00:01 Introduction to the Mile High Fi Podcast
      00:33 Discussing Money Struggles
      01:12 The Demise of Mint: A Personal Finance Tool
      02:19 Alternatives to Mint
      09:18 Balancing Fulfilling Work and Financial Independence
      13:05 Managing Spending and Saving
      30:54 Spending Money on Experiences
      31:55 The Concept of Time Bucketing
      33:06 Reflecting on Personal Struggles
      33:11 Evolving with Money
      34:58 The Impact of Compound Interest
      39:15 The Joy of Acquiring New Things
      43:17 The Struggle with Small Purchases
      50:26 The Importance of Surrounding Yourself with Like-minded People
      53:27 Considering Going Back to Work
      ...more
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      Mile High FI PodcastBy Doug Cunnington & Carl Jensen

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