How to Overcome the Fear of Spending Money and Being Too Frugal in Retirement

Описание: Maybe you know you've saved enough money, but you can't seem to let yourself spend those hard-earned dollars. How do you get past frugality syndrome and truly enjoy the fruits of your labor?

In this episode of the Retire With Purpose podcast, we discuss how to shift your money mindset, and ways to reframe (plus overcome) your spending fear. Join us as we explore:

The psychological barriers that can prevent you from spending, even when you know you have enough.
How legacy goals can drive a lack of spending.
Why decades of frugality can cause you to experience brain pain chemistry when it comes to spending.
Why saving and scoring a deal can cause you to feel joy.
How to utilize Maslow’s Hierarchy of needs to become more comfortable with spending.

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YOUR HOSTS


ABOUT CASEY WEADE:


Casey Weade is the CEO and Founder of Howard Bailey Financial. He graduated from Stetson University with a Bachelor's degree in Finance, and is a CERTIFIED FINANCIAL PLANNER™ (CFP®), Retirement Income Certified Professional® (RICP®), Chartered Life Underwriter® (CLU®), as well as a certified Chartered Financial Consultant® (ChFC®). In addition, Casey is an Investment Advisor Representative (IAR), is licensed in life, accident, and health insurance; and, is also Long-Term Care Certified. When he isn’t helping others find financial freedom, Casey enjoys spending time with his wife and three children, as well as hunting, fishing and golfing.


ABOUT MARSHAL JOHNSON:


Marshal Johnson is the Vice President of Howard Bailey Financial. He graduated from Indiana University with a Bachelor’s degree in Business Administration and is a CERTIFIED FINANCIAL PLANNER™ (CFP®). Additionally, Marshal holds his Series 65 securities license, and is life, accident and health insurance licensed. When he isn't developing purpose-based retirement strategies, Marshal enjoys spending time with his son, coaching baseball and playing the guitar.


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ABOUT HOWARD BAILEY FINANCIAL:


Our mission is to elevate the meaning and purpose in the lives of others, allowing them to focus on where they can make the biggest impact today.


Our Retire With Purpose™ Framework starts with establishing your unique financial philosophy — the true meaning and purpose for your money in retirement. Through continued education, one-on-one meetings, and a comprehensive team planning approach, we have helped retirees across the country secure their financial futures.


And while we can't work with everyone, our goal is to provide value to everyone we meet. Our Retire with Purpose Podcast, TV Show and Radio Hour cover trending topics with some of today’s most successful retirees and experts in the field of finance. You can see those resources here:


http://www.retirewithpurpose.com


We are a fee-based independent advisory firm. Our team of advisors and support specialists strive to deliver the very best experience in pre-retirement and retirement planning. Learn more about our process here:


https://howardbailey.com/our-process


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DISCLOSURE:
Investment Advisory Services may be offered through Howard Bailey Securities, LLC, a registered investment adviser. Working with Howard Bailey Securities, LLC, cannot guarantee investment success or that specific financial goals will be achieved. Job Optional was a #1 Amazon best seller in Retirement Planning on 7/2/19, and a Wall Street Journal eBook Best Seller on 8/9/19. For more information on professional designations, visit www.finra.org/investors/professional-designations.