Episode Details
Back to EpisodesPermission to Spend: From Frugality to Value-Based Purchases – Amberly Grant | MHFI 318
Description
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.
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Links
- Amberly Grant
- EconoMe Conference
- Nuuly (subscription clothing rental)
- Rusty on MHFI episode 317
- EconoMe Conference, “Carl Jensen: FI-Landia Is A Lie. What I Learned on My Journey to FIRE”
- CampFI
- EconoMe Conference, “James Lowery: How to Become a Lazy Landlord”
- MHFI Facebook group
- Doug’s site
- Check out Producer Chris’s blog: Epic Financial Journey
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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