About this episode
Mindy and Carl catch up with long-time friend Brandon, the Mad Fientist, to discuss the balance between spending, saving, and maintaining happiness. Brandon details his journey from extreme frugality to spending experiments to purposeful spending/spending for happiness. He also discusses the indispensable role of personal development, the importance of experiences over possessions, and the influence of parenthood and life events in reshaping priorities. Note: This is a rebroadcast of episode 22 of the “Mindy on Money” podcast. Save 50% site-wide on your new mattress, pillow, and bedding over at GhostBed (coupon code: MILEHIGHFI ) Interested in your own spending experiment? If so, head over to Buy Me A Coffee and experiment with supporting the show! Links “Mindy on Money” Podcast Website YouTube Channel Facebook Group “Let’s Talk About Our Appearance on the Ramit Show” podcast episode Mad Fientist Website/blog Music Financial Independence Podcast “Ramit Sethi – I Will Teach You to Be Rich” podcast episode “Ramit Sethi – How to Spend (and Actually Enjoy It)” podcast episode “How to Access Retirement Funds Early” blog post “Happiness Through Subtraction” blog post “Best Advice” pdf Ramit Sethi Elizabeth on MHFI Episode 212 FinCon J. Money Budgets are Sexy Bill Perkins, “Die With Zero” Kindle Hardcover Paperback Audiobook BiggerPockets Money podcast, “Ramit Sethi’s Money Advice for Couples: Live a Rich Life, Together” Pete Adeney/Mr. Money Mustache Mile High FI Facebook Group Doug’s site Carl’s blog: 1500 Days — Join the Mile High FI Club – It’s our email list! Get MHFi Merch – It helps support the show. Get t-shirts & more **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: doug@milehighfi.com or carl@milehighfi.com 0:00 Introduction 4:29 Catching up with Brandon 10:32 Lessons from Ramit & Die With Zero 17:15 Recovering from Ramit 23:01 Carl’s Tesla 30:12 Spending experiments 41:23 Navigating the emotions of FI 48:12 Reframing thoughts on “frivolous” spending 53:00 Keys to happiness 58:03 Advice for others on their FI journeys 1:06:45 Bloopers & closing thoughts