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Mile High FI Podcast

Credit Card Points, Doug's Cognitive Meltdown, Saying NO! | MHFI 178

Aug 29, 2023
01:05:17
Doug and Dusti chat about a potpourri of topics.
  • Credit card points - which cards Doug & Dusti each have, hoarding points
  • Reflections on Carl & Mindy’s experience on Ramit Sethi’s podcast
  • Cognitive biases - loss aversion, sunk cost, maximization (optimizing) vs. satisficing
  • Having a hard time saying NO
Come support the show at Buy Me A Coffee.  If you're like Doug & Dusti, we bet you'll have a hard time saying NO! Carl will be attending CampFI Southwest in Julian, CA on October 6-9, 2023.  For those interested in attending, use the coupon code JENSEN at checkout to save 10%.  https://campfi.org/event/campfi-southwest-2023/ Links -- Join the Mile High FI Club – It’s our email list! Get MHFi Merch – It helps support the show. Get t-shorts & more **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 7:23 Credit card points 19:24 Carl & Mindy & Ramit 26:27 Loss aversion 36:56 Sunk cost 38:55 Maximization 45:25 Just say NO 59:11 Soundcheck - Go-karting

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