The Shift from Saving to Spending Money

In this episode, we’ll explore the delicate balance between money, happiness, and the art of spending wisely in your golden years.

Your Guide:

Are you ready to flip the switch from saving to spending as you approach retirement? Many people struggle with the transition and mindset shift that happens in retirement. In this episode, we’ll explore the delicate balance between money, happiness, and the art of spending wisely in your golden years. It’s packed with insights on the psychological shift required to enjoy the fruits of your labor, the impact of past experiences on spending habits, and how to use money as a tool for a better life rather than a measure of status

Learn why so many retirees find it difficult to start using their hard-earned savings and how to overcome the psychological barriers that hold them back. Scott shares anecdotes and wisdom on finding happiness in spending, the illusion of social media influence, and the delicate balance between nice and fancy.

Here are some of the questions we’ll tackle in this episode:

  • Money is a tool to live a better life and we all view it differently.
  • How influencers and marketers can play a huge role in our perception of money.’
  • People set out to make a strategy to achieve a better life but that turns into an ideology they’re beholden to.
  • How your childhood and early life can shape your view of money.
  • We want to use the money we’ve saved to enhance our lives and experiences.

 

 

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ABOUT YOUR HOST...

Scott Dougan founded Elevated Retirement Group in 2003 in order to fill a niche he felt was not being addressed properly in the retirement planning environment – helping retirees and pre-retirees in the Kansas City metro area find answers to issues that may affect the quality of life during their retirement.

Scott is a Registered Financial Consultant (RFC) and holds a Series 65 Investment Adviser Representative license, which holds him to the fiduciary standard. He also holds insurance licenses in Kansas, Missouri and other states.

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info@erg-kc.com

(913) 393-4724