Mile High FI Podcast

Start Thinking Rich - Adrian Brambila & Brad Klontz | MHFI 248

36 snips
Dec 31, 2024
Adrian Brambila, co-author of "Start Thinking Rich," and Dr. Brad Klontz, a clinical psychologist focusing on money's psychology, dive into wealth-building strategies. They challenge the DIY mindset that can impede financial independence, advocating for outsourcing tasks for greater happiness. The duo dispels misconceptions about wealth paths like education and homeownership while redefining true wealth as time freedom, stressing the importance of rich experiences over material possessions.
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ANECDOTE

Outsourcing for Freedom

  • Adrian Brambila's dad gifted him a weed whacker after achieving financial freedom, highlighting differing views on manual labor.
  • Brambila now prioritizes outsourcing chores and tasks to maximize free time, even hiring a personal chef.
ADVICE

Practice Spending

  • Exercise spending money as a muscle, especially if you have a frugal mindset.
  • Find ways to enjoy money along your financial journey, not just at the end.
INSIGHT

Questioning Further Accumulation

  • Consider the actual impact of increased investment on your lifestyle, especially if you have already reached a comfortable level of wealth.
  • If further accumulation doesn't significantly change your lifestyle, focus on spending and enjoying your current wealth.
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