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Curated by: Mile High FI Podcast (568 videos)
This is a Bonus episode with Producer Chris! We talk about - the correlation between happiness and income - key inflection points in their lives - their spending habits on toys and experiences - Doug also shares insights on Elizabeth's retirement and its impact on their lives. 😁 Happiness Study Links: High income improves evaluation of life but not emotional well-being - 2010 Study by Kahneman and Deaton https://www.pnas.org/doi/10.1073/pnas.1011492107 Income and emotional well-being: A conflict resolved - 2022 Study by Killingsworth and Kahneman and Mellers https://www.pnas.org/doi/epdf/10.1073/pnas.2208661120 Check out Producer Chris’s blog: Epic Financial Journey https://www.epicfinancialjourney.com/ Support the Podcast - Buy Me A Coffee. https://www.buymeacoffee.com/milehighfi Join the Mile High FI Club - It's our email list! http://milehighfi.club/ MHFI Facebook group https://milehighfi.com/facebook E-mail doug@milehighfi.com 00:00 Intro 00:55 Meet Producer Chris 03:07 Happiness and Income Studies 10:16 Inflection Points in Life 18:51 Toys and Spending 24:17 Guitar Trading and Financial Insights 25:27 Shifting Focus to Experiences 26:47 Balancing Material and Emotional Investments 28:53 Band Aspirations and Musical Gear 30:11 Reflections on Early Retirement 41:37 Frugal Habits and Financial Quirks