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Currently Playing: Frugality vs. Spending on Value-Based Purchases - Amberly Grant | MHFI 318 | Mile High FI Podcast

Doug chats with Amberly Grant (FinTalks) about how their views & mindsets around frugality have evolved and share recent spending decisions, especially around travel and “quality of life” purchases.  They discuss the changing psychology of spending as income grows and the practical value of "removing negatives" from life. Do you like the podcast and want to support the show? Follow the link to find out how: https://milehighfi.com/support/ Curious to know exactly what products Doug uses? Check out his Amazon lists below. *Affiliate links below, so if you buy something or spend money, we might earn a commission. That helps the show and doesn’t cost you anything extra. Thank you! - Guitar Accessories: https://amzn.to/3SU9Ap9 - Hiking & Outdoor: https://amzn.to/445QZeJ - Essentials for Sleep: https://amzn.to/3Tz9Vxy Want to order MHFI stickers/temporary tattoos or create your own custom stickers? Of course you do! We ALL do! Order them here using our affiliate link so that we might earn a commission https://www.stickermule.com/dougcunnington Links Amberly Grant https://www.amberlygrant.com/ EconoMe Conference https://economeconference.com/ Nuuly (subscription clothing rental) https://www.nuuly.com/ Rusty on MHFI episode 317 https://milehighfi.com/podcast/317-rusty-last-year-before-retirement-part2 EconoMe Conference, “Carl Jensen: FI-Landia Is A Lie. What I Learned on My Journey to FIRE” https://www.youtube.com/watch?v=av4nIb5_AAE&list=PL6qhJQzp6416P2bhCDFJ8LhJ_lNoRn1mv&index=9 CampFI https://campfi.org/ EconoMe Conference, “James Lowery: How to Become a Lazy Landlord” https://www.youtube.com/watch?v=-ocFDj4SNDs&list=PL6qhJQzp6415YJBmC9e-JcsfhfQrpMtIB&index=2 MHFI Facebook group https://milehighfi.com/facebook Doug’s site https://dougcunnington.com/ Producer Chris's blog, Epic Financial Journey https://www.epicfinancialjourney.com/ --- Join the Mile High FI Club - It's our email list! http://milehighfi.club/ Support the Show (and get exclusive content!) https://milehighfi.com/donate 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. -- The Mile High FI Website https://milehighfi.com/ On Apple Podcasts https://milehighfi.com/apple On Spotify https://milehighfi.com/spotify E-mail doug@milehighfi.com 0:00 Introduction 1:13 Frugal roots & changing perspectives 7:06 Evolving spending habits 14:41 Delayed gratification purchases 20:12 Renting clothes & subscriptions 27:42 Fitness gear & gym memberships 36:11 Irrationality & sunk cost 41:02 Finally buying a new couch 50:00 Recent value purchases 55:55 Travel & subscription audit 1:00:03 FinTalks 1:04:24 Soundcheck - EconoMe presentation 1:11:23 Preparation for giving a speech 1:16:59 Observations & tips


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