Unwinding Frugality and a Shift to Spending More - Kristen Knapp | MHFI 300 | Mile High FI Podcast

Описание: Doug chats with Kristen Knapp (FI Friends Travel) about the challenges of unwinding deep-seated frugal habits and learning to spend at the "right level" after achieving FI.  Inspired by a recent blog post from the Mad Fientist, Doug & Kristen explore the nuances of maintaining a balance between saving & spending and discuss why many people struggle to actually spend money once they hit their financial goals.  They also emphasize the importance of spending on what brings joy and the necessary shift in mindset that's required to enjoy financial freedom without guilt.

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Links
FI Friends Travel
https://fifriendstravel.com/

Mad Fientist, “Learning How to Spend Money”
https://www.madfientist.com/how-to-sp...

Mad Fientist on MHFI episode 048
https://milehighfi.com/podcast/048-ma...

CampFI
https://campfi.org/

Bill Perkins, “Die With Zero”
Kindle: https://www.amazon.com/dp/B07T5LSF1J/...
Hardcover: https://www.amazon.com/dp/0358099765/...
Paperback: https://www.amazon.com/dp/0358567092/...
Audiobook: https://www.amazon.com/dp/B089MFKS77/...

MHFI Facebook group
https://milehighfi.com/facebook

Doug’s site
https://dougcunnington.com/

Producer Chris's blog, Epic Financial Journey
https://www.epicfinancialjourney.com/

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0:00 Introduction
2:19 Frugality
9:02 Spending after FI
16:43 Reframing expenses
24:41 FI Friends Travel
31:44 Award travel using points
37:05 The Fun Fund
44:18 Balancing present & future spending
51:25 Shared experiences
55:39 Soundcheck - Winter weather