Mile High FI Podcast Are High Net Worth People Happier? - Allison | MHFI 220
Doug and Carl chat with Allison, delving into her unique journey as a nanny for high net worth families and some insights & takeaways from those with wealth. Allison also discusses her path toward financial independence including frugal areas of her life, giving into the (lifestyle) creep, and finally attending an in-person FI event for the first time after being in the community virtually for so many years.
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Links
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- Connect with Allison on Instagram
- FinCon
- “Mindy On Money” podcast
- EconoMe Conference
- Vicki Robin & Joe Dominguez, “Your Money or Your Life”
- Pete Adeney/Mr. Money Mustache
- Early Retirement Extreme
- Brad Barrett/ChooseFI
- BJ on MHFI episode 217
- CampFI
- Allison on Earn & Invest podcast, “How to Take Action (Live From Econome)”
- Allison on ChooseFI podcast, “The Courage to Take Action | EconoMe LIVE with Doc G | Ep 488”
- Jordan Grumet/Doc G
- Mile High FI Facebook Group
- Doug’s site
- Carl’s blog: 1500 Days
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**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.**
Brought To You By:
The Doug Show, aka Affiliate Marketing & Side Hustles
1500 Days, Carl’s Blog about Early Retirement
Email us here: doug@milehighfi.com or carl@milehighfi.com
0:00 Introduction
3:12 Life as a nanny for the wealthy
9:22 Insights on wealth & happiness
13:11 Sunk cost fallacy
20:28 Contemplating life with 100X current net worth
27:19 Discovering Financial Independence
37:35 Areas of frugality
42:58 Giving in to the (lifestyle) creep
49:22 Attending first FI events
55:19 FI in real-life
1:05:13 The perfect day
1:09:47 Soundcheck – Gray blobs