Doug reunites with Carl at CampFI to chat about cognitive biases in the FIRE community – psychological shortcuts and blind spots that influence financial decisions, spending habits, and mindsets. The pair are joined by Kristen Knapp (FI Friends Travel) & Amberly Grant (FinTalks) to explore how our brains can get in the way of building a fulfilling life.
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Links
- Carl Jensen/1500 Days to Freedom
- Kristen Knapp/FI Friends Travel
- Amberly Grant
- CampFI
- The FI Collective
- MHFI Facebook group
- Doug’s site
- Check out Producer Chris’s blog: Epic Financial Journey
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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
Email the show: doug@milehighfi.com
0:00 Introduction
4:24 Recency bias
11:01 Navigating market downturns
15:11 Arrival fallacy
23:17 Happiness, community, & fulfillment
30:09 Anchoring
37:47 Ultra frugality & finding deals
45:27 Confirmation bias
52:38 Beyond the FI echo chamber
1:04:46 Soundcheck – FIRE pickup lines