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Mindy and Carl catch up with long-time friend Brandon, the Mad Fientist, to discuss the balance between spending, saving, and maintaining happiness. Brandon details his journey from extreme frugality to spending experiments to purposeful spending/spending for happiness. He also discusses the indispensable role of personal development, the importance of experiences over possessions, and the influence of parenthood and life events in reshaping priorities. Note: This is a rebroadcast of episode 22 of the "Mindy on Money" podcast. Save 50% site-wide on your new mattress, pillow, and bedding over at GhostBed (coupon code: MILEHIGHFI) https://www.ghostbed.com/milehighfi Interested in your own spending experiment? If so, head over to Buy Me A Coffee and experiment with supporting the show! https://www.buymeacoffee.com/milehighfi Links (*Some affiliate links so we might earn a commission if you buy something) “Mindy on Money” Podcast Website: https://mindyonmoney.com/ YouTube Channel: / @mindyonmoney Facebook Group: / mindyonmoney “Let’s Talk About Our Appearance on the Ramit Show” podcast episode: • Let's Talk About Our Appearance On The Ram... Mad Fientist Website/blog: https://www.madfientist.com/ Music: https://www.madfientist.com/album/ Financial Independence Podcast: https://www.madfientist.com/podcast/ “Ramit Sethi – I Will Teach You to Be Rich” podcast episode: https://www.madfientist.com/ramit-set... “Ramit Sethi – How to Spend (and Actually Enjoy It)” podcast episode: https://www.madfientist.com/i-will-te... “How to Access Retirement Funds Early” blog post: https://www.madfientist.com/how-to-ac... “Happiness Through Subtraction” blog post: https://www.madfientist.com/happiness... “Best Advice” pdf: http://www.madfientist.com/advice Ramit Sethi https://www.iwillteachyoutoberich.com/ Elizabeth on MHFI Episode 212 https://milehighfi.com/podcast/212-my... FinCon https://finconexpo.com/ J. Money https://jmoney.biz/ Budgets are Sexy https://budgetsaresexy.com/ Bill Perkins, “Die With Zero” Kindle: https://www.amazon.com/dp/B07T5LSF1J/... Hardcover: https://www.amazon.com/dp/0358099765/... Paperback: https://www.amazon.com/dp/0358567092/... Audiobook: https://www.amazon.com/dp/B089MFKS77/... BiggerPockets Money podcast, “Ramit Sethi’s Money Advice for Couples: Live a Rich Life, Together” https://www.biggerpockets.com/blog/bi... Pete Adeney/Mr. Money Mustache https://www.mrmoneymustache.com/ MHFI Facebook group / milehighfi Doug’s site https://dougcunnington.com/ Carl’s blog: 1500 Days https://www.1500days.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 On Google Podcasts https://milehighfi.com/google Our E-mails: carl@milehighfi.com doug@milehighfi.com 0:00 Introduction 4:29 Catching up with Brandon 10:32 Lessons from Ramit & Die With Zero 17:15 Recovering from Ramit 23:01 Carl’s Tesla 30:12 Spending experiments 41:23 Navigating the emotions of FI 48:12 Reframing thoughts on “frivolous” spending 53:00 Keys to happiness 58:03 Advice for others on their FI journeys 1:06:45 Bloopers & closing thoughts