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

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.


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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.**

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1500 Days, Carl’s Blog about Early Retirement

Email us here: doug@milehighfi.com or carl@milehighfi.com

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