20min chapter

The Human Side of Money cover image

132: The Search For Purpose and Meaning In Retirement with Tom Pendergast

The Human Side of Money

CHAPTER

Balancing Passion and Frugality in Retirement

This chapter explores the crucial alignment between personal passions and spending choices during retirement, emphasizing the importance of prioritizing experiences over material possessions. The speakers share their reflections on past spending habits and the lessons learned from compensatory spending, advocating for mindful expenditures that enhance genuine happiness. Additionally, they discuss the psychological shifts required for managing a frugal lifestyle while still embracing joy and exploration in a post-retirement context.

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