A weekly roundup of the most important stories from the worlds of business and finance, hosted by Felix Salmon. Want more Slate Money? Subscribe to Slate Plus to unlock weekly bonus episodes. Plus, you’ll access ad-free listening across all your favorite Slate podcasts. Subscribe now on Apple Podcasts by clicking “Try Free” at the top of our show page. Or, visit https://slate.com/moneyplus to get access wherever you listen.
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Ep 99: Why Am I Afraid to Spend My Money?
Manage episode 357333977 series 2536305
Content provided by Lee Perkins. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Lee Perkins or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
We work with some tremendous savers who worked hard and sacrificed to build a nest egg, and that mindset isn’t easy to move away from. Many of those same savers are afraid to spend their own money once they’ve reached retirement.
So what can you do to embrace that mindset shift? We’ll share a recent conversation we had about this and discuss some ways you can address the problem.
Here’s some of what you’ll learn in this episode:
- Why is this struggle to spend money a little more prevalent in recent years? 1:03
- What happens to your mindset when you retire? 3:40
- Why remaining disciplined with your investment strategy will help you do better over the long-term. 7:14
- How we perceive value when it’s our money versus when the money comes from someone else. 10:35
- What can you do to give yourself confidence to spend money in retirement? 13:45
Want to set up a meeting with us? Visit us here: http://talkwithlee.com
Get more financial education at http://myretirementclarity.com
149 episodes
Share
Manage episode 357333977 series 2536305
Content provided by Lee Perkins. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Lee Perkins or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
We work with some tremendous savers who worked hard and sacrificed to build a nest egg, and that mindset isn’t easy to move away from. Many of those same savers are afraid to spend their own money once they’ve reached retirement.
So what can you do to embrace that mindset shift? We’ll share a recent conversation we had about this and discuss some ways you can address the problem.
Here’s some of what you’ll learn in this episode:
- Why is this struggle to spend money a little more prevalent in recent years? 1:03
- What happens to your mindset when you retire? 3:40
- Why remaining disciplined with your investment strategy will help you do better over the long-term. 7:14
- How we perceive value when it’s our money versus when the money comes from someone else. 10:35
- What can you do to give yourself confidence to spend money in retirement? 13:45
Want to set up a meeting with us? Visit us here: http://talkwithlee.com
Get more financial education at http://myretirementclarity.com
149 episodes
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Similar to My Retirement Clarity with Lee Perkins
A weekly roundup of the most important stories from the worlds of business and finance, hosted by Felix Salmon. Want more Slate Money? Subscribe to Slate Plus to unlock weekly bonus episodes. Plus, you’ll access ad-free listening across all your favorite Slate podcasts. Subscribe now on Apple Podcasts by clicking “Try Free” at the top of our show page. Or, visit https://slate.com/moneyplus to get access wherever you listen.
…
continue reading
Listen to how ordinary people built extraordinary wealth - and how you can too. You’ll learn how millionaires live on less than they make, avoid debt, invest, are disciplined and responsible! Featuring hosts from the Ramsey Network: Dave Ramsey, Ken Coleman, Rachel Cruze, George Kamel, Jade Warshaw, and Dr. John Delony.
…
continue reading
CNBC’s “Options Action” vaults you into the fastest-growing corner of the markets. With guidance from industry experts, it demystifies the daunting terminology and simplifies strategies. Whether safely speculating or hedging your larger portfolio Options Action shows you how to “Risk Less to Make More”.
…
continue reading
Bloomberg Best features the best stories of the day from Bloomberg Radio, Bloomberg Television, and over 150 Bloomberg News bureaus around the world. Hosted by Ed Baxter and Denise Pellegrini.
…
continue reading
In each episode of "Goldman Sachs Exchanges," people from the firm share their insights on developments shaping industries, markets and the global economy.
…
continue reading
The Twenty Minute VC (20VC) interviews the world's greatest venture capitalists with prior guests including Sequoia's Doug Leone and Benchmark's Bill Gurley. Once per week, 20VC Host, Harry Stebbings is also joined by one of the great founders of our time with prior founder episodes from Spotify's Daniel Ek, Linkedin's Reid Hoffman, and Snowflake's Frank Slootman. If you would like to see more of The Twenty Minute VC (20VC), head to www.20vc.com for more information on the podcast, show note ...
…
continue reading
The economy and the markets are "under surveillance" as we cover the latest in finance, economics and investment. Listen to Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern for the top interviews from Bloomberg Surveillance Television. And join Tom Keene and Paul Sweeney for the best conversations from Bloomberg Surveillance Radio. Watch Surveillance TV LIVE each mornings: http://bit.ly/3P7nstQ. Watch Surveillance Radio LIVE weekday mornings: http://bit.ly/3vTiACF.
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Save more and spend less is more than just a motto for money expert Clark Howard; it’s a way of life. Clark and his crew — Team Clark — are on a mission to empower people to take control of their personal finances by providing money-saving tips, consumer advice, hot deals and economic news to help everyone achieve financial freedom. Clark is a nationally syndicated radio talk show host and a consumer reporter for television stations around the country. His podcast, The Clark Howard Show, rec ...
…
continue reading
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