Retiree’s Guide: Overcoming Frugality & Embracing Spending, Pt 2 | MHFI 162

Doug and Carl talk about the shift from saving to spending in retirement. It’s not always easy to go from being a big save to a big spender. Or even a little spender.

• Why do early retirees feel guilty about spending?
• Societal expectations
• Finding balance

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Links

• Ramit Sethi
• Downshift Financial
• Doug’s site – Check out the NEW Sleep Post.
• Carl’s blog: 1500 Days

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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

1500 Days, Carl’s Blog about Early Retirement

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

0:00 Introduction

1:12 Psychology of frugality & guilt

6:22 Pivoting to spending more

11:04 Tips & strategies for spending

15:30 Spending in retirement

25:12 Happiness & community

30:36 New branded products coming soon

36:22 Financial flexibility

39:28 Creating a retirement budget vs. actual spending

47:32 Questions for listeners/viewers

51:07 Soundcheck – Simple food stories