Are High Net Worth People Happier? - Allison | MHFI 220
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Doug and Carl chat with Allison, delving into her unique journey as a nanny for high net worth families and some insights & takeaways from those with wealth.  Allison also discusses her path toward financial independence including frugal areas of her life, giving into the (lifestyle) creep, and finally attending an in-person FI event for the first time after being in the community virtually for so many years.

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Links

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Connect with Allison on Instagram)

FinCon)

“Mindy On Money” podcast)

EconoMe Conference)

Vicki Robin & Joe Dominguez, “Your Money or Your Life”

• Kindle)

• Paperback)

• Audiobook)

• Audio CD)

Pete Adeney/Mr. Money Mustache)

Early Retirement Extreme)

Brad Barrett/ChooseFI)

BJ on MHFI episode 217)

CampFI)

Allison on Earn & Invest podcast, “How to Take Action (Live From Econome)”)

Allison on ChooseFI podcast, “The Courage to Take Action | EconoMe LIVE with Doc G | Ep 488”)

Jordan Grumet/Doc G)

• Mile High FI Facebook Group)

• Doug’s site)

• Carl’s blog: 1500 Days)

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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)

Email us here: [email protected] or [email protected]

0:00 Introduction

3:12 Life as a nanny for the wealthy

9:22 Insights on wealth & happiness

13:11 Sunk cost fallacy

20:28 Contemplating life with 100X current net worth

27:19 Discovering Financial Independence

37:35 Areas of frugality

42:58 Giving in to the (lifestyle) creep

49:22 Attending first FI events

55:19 FI in real-life

1:05:13 The perfect day

1:09:47 Soundcheck – Gray blobs