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Bill Perkins shares his journey of misusing wealth, advocating for a spend-down plan to maximize enjoyment. He emphasizes the importance of aligning wealth and time with core values and exploring money as a tool for fulfillment. The podcast discusses managing excess wealth in your 40s and the impact of generational fears on financial attitudes.
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Quick takeaways
- Prioritize health over financial gains for long-term fulfillment.
- Allocate assets wisely towards desired experiences for maximum enjoyment of wealth.
Deep dives
Investing in Health for Fulfillment
Investing in health is highlighted as crucial for long-term fulfillment, surpassing the impact of financial investments. The speaker emphasizes the importance of physical well-being for achieving lifestyle goals like being active with grandchildren in later years. It is suggested that attaining peak health early on is essential for maintaining quality of life in old age, emphasizing the need to prioritize health over financial gains.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode