The Different Types of Spenders

09/19/24 • 11 min

Retire With Freedom: Featuring Freedom Financial Group's Toni, Tyler & Tad Hill

Everyone’s personality is unique, and this individuality extends to how we spend money. On this episode of Retire With Freedom, Tad and Toni break down the different spending personalities they’ve observed and highlight the common traits that define them.

From the emotional spender, who lets their feelings dictate purchases, to the YOLO spender, who’s always up for a big, flashy buy, they cover a range of behaviors. Do any of these personalities sound like you? Tune in for valuable insights, and discover what kind of spender you might be on this week’s episode.

Here’s what we discuss in today’s show:

Getting caught up in emotional spending.
Who is the YOLO spender?
The savvy spender vs. the miser.

Key Takeaway

“If you’re less than 10 years from retirement, it’s time to get a plan.”

We can assist you on your journey to financial freedom:
https://www.askfreedomfinancial.com/
205.988.0006
Listen to more content:
https://www.askfreedomfinancial.com/in-the-media/#radio

Here’s what we discuss in today’s show:

Getting caught up in emotional spending.
Who is the YOLO spender?
The savvy spender vs. the miser.

Key Takeaway

“If you’re less than 10 years from retirement, it’s time to get a plan.”

We can assist you on your journey to financial freedom:
https://www.askfreedomfinancial.com/
205.988.0006
Listen to more content:
https://www.askfreedomfinancial.com/in-the-media/#radio

Previous Episode

Financial Planning with Charles Barkley

Basketball legend Charles Barkley, known for his larger-than-life personality and memorable quotes, has left us with plenty of moments that make us laugh or scratch our heads. Although Barkley had a successful playing career, he is perhaps better known for his off-the-court antics in the media world since his playing days have ended. In this episode of Retire With Freedom, Tad and Toni break down some of his best quotes and how they apply to the financial world.

For instance, Barkley’s saying, “I’m never as good or as bad as any one single performance,” is a great example of how market returns should be viewed over the long term. Similarly, his remark, “Just because you watch Grey’s Anatomy doesn’t mean you can do the operation,” perfectly reflects the benefits of working with an advisor rather than relying solely on a broker who may not provide comprehensive retirement planning.

There’s a lot of fun and a lot of insight on this episode of Retire With Freedom, so tune in!

Here’s what we discuss in today’s show:

“I know I’m never as good or as bad as any one single performance. I’ve never believed in my critics or my worshippers.”
"When you're rich and famous, the people around you rarely disagree with you about anything, because they want you to stay around and pick up the check.”
“Just because you watch Grey’s Anatomy doesn’t mean that you can do the operation.”

Key Takeaway

“Most people's broker or banker don't actually know what's going on in their lives.”

We can assist you on your journey to financial freedom:
https://www.askfreedomfinancial.com/
205.988.0006
Listen to more content:
https://www.askfreedomfinancial.com/in-the-media/#radio

Next Episode

Say What You Mean: Decoding The Language Of The Financial World

In the financial world, some people may use fancy terms or phrases that don’t always mean what you think. But when it comes to managing your money, transparency and honesty are key. You deserve to work with someone who tells it like it is.

Join Tad and Toni as they dig into why it’s important to truly understand the financial tools you're using, the potential downsides of working with large brokerage firms, and how to know when you’ve found the right advisor for you. Plus, we have a little fun as they share some stories, including their love for music and board games.

Here’s what we discuss in today’s show:

The limits of working with a big brokerage firm
Understanding the function of different financial tools
Working with an advisor who clarifies things and makes you feel at ease
Getting to Know Toni and Tad: Road trip playlists and board games

Key Takeaway

“If you’re not working with somebody who clarifies things and makes it simple- if you walk out with a bigger question mark over your head than when you came in, you’re not working with the right person.”

We can assist you on your journey to financial freedom:
https://www.askfreedomfinancial.com/
205.988.0006
Listen to more content:
https://www.askfreedomfinancial.com/in-the-media/#radio