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.
Save 50% site-wide on your new mattress, pillow, and bedding over at GhostBed) (coupon code: MILEHIGHFI)
Interested in your own spending experiment? If so, head over to Buy Me A Coffee) and experiment with supporting the show!
Links
“Mindy on Money” Podcast
“Let’s Talk About Our Appearance on the Ramit Show” podcast episode)
Mad Fientist
“Ramit Sethi – I Will Teach You to Be Rich” podcast episode)
“Ramit Sethi – How to Spend (and Actually Enjoy It)” podcast episode)
Bill Perkins, “Die With Zero”
BiggerPockets Money podcast, “Ramit Sethi’s Money Advice for Couples: Live a Rich Life, Together”)
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-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)
1500 Days, Carl’s Blog about Early Retirement)
Email us here: [email protected] or [email protected]
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