I really like the mad fientists story where he realized he had to notch down his savings rate in order to be happier in the present. I think we are all trying to find that sweet spot.
I love this! I’m a Financial Coach and actually teach this important principal of not giving up your happiness now. You can still pay off debt, save and later invest... but never forget the now. Money is a tool, but our happiness is apart of our health that we must not neglect. Great video!!!
So true. When I first started investing my approach was to put away more than the average person but still make sure I had a comfortable salary left over. Then any time I got a pay increase, 80-90% of it would go towards my investments, so I still got to feel a slight increase in comfort but since I already had a good baseline to live off of, I never felt burdened by not getting to enjoy that other 80-90%. It’s win win because your investment rate keeps growing and you still get to enjoy life today. At this stage I’m putting away over 50% of my take home without ever really knowing the feeling of having my income cut in half.
I don't like having to work period. If I quit I'd have to live off of welfare eventually, which would suck even worse. I'm setting up my future self by doing something that I don't want to, but sort of have to right now, so I'm sacrificing present happiness for future happiness to some level. So this is really a load of horseshit and is for the birds. I'm not really complaining that much. I go on trips though not nearly as many as I want and don't take time with loved ones for granted etc. Just saying that often times the best path is to push forward even if it sucks.
Cut from one of our favorite interviewees and friends, the Mad FIentist!
I really like the mad fientists story where he realized he had to notch down his savings rate in order to be happier in the present. I think we are all trying to find that sweet spot.
Let us know when you've found it :)
I could listen to this dude talk all day!! Thanks Guys!
Same here. There’s plenty more where that came from!
Luckily he has dozens of podcasts here on RUclips and the regular podcast apps, so you can 😁
I love this! I’m a Financial Coach and actually teach this important principal of not giving up your happiness now. You can still pay off debt, save and later invest... but never forget the now. Money is a tool, but our happiness is apart of our health that we must not neglect. Great video!!!
Absolutely! Thanks for spending your time as a financial coach, it's important work!
@@PlayingwithFIREco very and I’m honored to do it. 💕
That story is so relatable
So true. When I first started investing my approach was to put away more than the average person but still make sure I had a comfortable salary left over. Then any time I got a pay increase, 80-90% of it would go towards my investments, so I still got to feel a slight increase in comfort but since I already had a good baseline to live off of, I never felt burdened by not getting to enjoy that other 80-90%.
It’s win win because your investment rate keeps growing and you still get to enjoy life today. At this stage I’m putting away over 50% of my take home without ever really knowing the feeling of having my income cut in half.
Thats honestly the best way it sounds similar to my investment strategy. I've learnt to live off 30% comfortably
What you Focus on Expands! Focusing on FI can change your life! Money gives you options not happiness. Great interview.
Thank you! We loved how his interviews turned out🔥 More to come!
Excellent point. I also loved Mad Fientist’s recent interview with Jacob Lund Fisker.
ERE IS A LEGEND! I OWE HIM EVERYTHING. Well him and MMM
Nice little vid.
Nice little comment.
I don't like having to work period. If I quit I'd have to live off of welfare eventually, which would suck even worse. I'm setting up my future self by doing something that I don't want to, but sort of have to right now, so I'm sacrificing present happiness for future happiness to some level.
So this is really a load of horseshit and is for the birds. I'm not really complaining that much. I go on trips though not nearly as many as I want and don't take time with loved ones for granted etc. Just saying that often times the best path is to push forward even if it sucks.