Bill Perkins - Memory Dividends, Time Buckets, and Maximizing Net Fulfillment

Explicit content warning

05/02/24 • 97 min

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Out of all the episodes of the Financial Independence Podcast, this is the one I wish I heard when I was on my journey to financial independence.

Bill Perkins, author of Die with Zero, joins Chris Hutchins on the All the Hacks podcast to discuss what money is really for – maximizing net fulfillment.

This interview is incredible, so I reached out to Chris to ask if I could share it with you all, and thankfully he agreed!

Highlights

Why you should maximize for net fulfillment rather than net worth
When is the best time to allocate money to get the most fulfillment
Why you should time bucket your experiences instead of having a bucket list
How to break out of earning-saving-investing autopilot
Why you should fear wasting your life more than running out of money

Out of all the episodes of the Financial Independence Podcast, this is the one I wish I heard when I was on my journey to financial independence.

Bill Perkins, author of Die with Zero, joins Chris Hutchins on the All the Hacks podcast to discuss what money is really for – maximizing net fulfillment.

This interview is incredible, so I reached out to Chris to ask if I could share it with you all, and thankfully he agreed!

Highlights

Why you should maximize for net fulfillment rather than net worth
When is the best time to allocate money to get the most fulfillment
Why you should time bucket your experiences instead of having a bucket list
How to break out of earning-saving-investing autopilot
Why you should fear wasting your life more than running out of money

Previous Episode

The Best Advice from JL Collins

To celebrate the release of JL Collins' new book, Pathfinders, I collected all the best advice from his Financial Independence Podcast interviews! Jim has been on the show three times:

First, back in 2012 (he was my second guest ever!)
Second, when his hit book, The Simple Path to Wealth, was released
Third, during the depths of the Coronavirus crash

That last interview may be my proudest moment as the Mad Fientist (I explain why during the show). Hope you enjoy this jam-packed episode!

Highlights

The power of FU Money and why it may be less money than you think
Jim’s biggest investing mistake and what he learned from it
Why index investing is superior to active investing
Are REITs and international funds necessary
Why your house may not be a good investment
Thoughts on stock picking and actively-managed funds
What makes Vanguard unique and why it’s best for investors
The three keys to becoming wealthy
Lessons learned from Black Monday
How to prepare for the next market crash

Next Episode

Happiness Through Subtraction

If you want to use money to make you happier, stop thinking about what you can buy with it.

Instead, think about how you can use it to remove the things in your life that make you unhappy.

Full Article:

https://www.madfientist.com/happiness-through-subtraction/

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