Power of Memory Dividends: Carl's $10,000 Purchase You Won't Believe | MHFI 151

Carl discusses his crazy $10,000 semi-spontaneous purchase.

• Buying a private concert with The Webb Brothers
• Memory dividends
• Mindy approves
• The Big Event

Philosophical Musings

• What Doug thinks about all of this
• What would Doug spend $10,000 on?
• Stuff versus experiences
• Why your purchases may become irrelevant someday
• To budget or not to budget…
• Staying thoughtful about spending

It’s cold in Colorado. The Mile High FI studio in Doug’s basement is even colder. Help keep the studio warm and get cool stuff: https://www.buymeacoffee.com/milehighfi EconoMe: Doug and Carl are going to EconoMe again and are planning a meetup. Get your ticket here and enter MILEHIGHFI at checkout for a discount. See you in Cincinnati! Links

• The Webb Brothers Kickstarter
• Maroon (perhaps the Webb’s greatest work)
• Liar’s Club
• In A Fashion

  -- Check out the Econome Conference - Save money using our coupon code MILEHIGHFI. Carl and Doug will be there, so come and hang out.

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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.**

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1500 Days, Carl's Blog about Early Retirement

Email us here: doug@milehighfi.com or carl@milehighfi.com   0:00 Intro 4:59 Carl bought a concert 16:03 Thoughts on spending money on experiences 19:02 What would Doug spend 10k on? 21:55 More ideas 27:20 Stuff vs experiences 28:33 Do purchases ever become irrelevant? 35:13 Budgeting one crazy purchase per year