OM DENNE EPISODE
Explore how to define enough, enjoy the wealth you've built, and raise grounded kids while living your rich life today and planning for tomorrow.
Episode Summary
Can the habits that helped you build wealth make it harder to enjoy it? In this episode of Scripted Wealth: Money and Meaning for Pharmacists, we explore the tension between saving for tomorrow and living fully today. Drawing on personal experiences and lessons from Andrew Wilkinson's Never Enough, we discuss financial comparison, the moving goalposts of "enough," and why a growing net worth doesn't always translate into greater fulfillment. We also wrestle with how to give your kids meaningful experiences while teaching gratitude, responsibility, and the value of a dollar.
What you'll learn in this episode:
- Why frugality and disciplined saving can become barriers to enjoying the wealth you've built.
- How defining "enough" around your values can help you resist comparison and constantly moving financial goals.
- Why optimizing your financial plan should include time, relationships, and experiences.
- How dedicated spending buckets and a financial planning partner can help you give yourself permission to spend.
- Questions to consider as you balance family experiences with teaching kids financial responsibility.
Mentioned on the Show
- Book: Never Enough: From Barista to Billionaire by Andrew Wilkinson
- Book: Start With Why by Simon Sinek
- Book: Profit First by Mike Michalowicz
- YFP Wealth
Disclaimer
The information in this episode is provided to you for your informational purposes only and is not intended to provide, and should not be relied on for, investment or any other advice. It should not be construed as a solicitation or offer to buy or sell any investment or related financial products. We urge listeners to consult with a financial advisor with respect to any investment. The information contained in our episodes is not updated and may not be accurate at the time you view it on this website. Opinions and analyses expressed herein are solely those of YFP Wealth (unless otherwise noted) and constitute judgments as of the dates published. Such information may contain forward-looking statements, which are not intended to be guarantees of future events. Actual results could differ materially from those anticipated in the forward-looking statements. YFP Wealth representatives may from time to time hold positions in, or take positions contrary to, investments mentioned herein. It should not be assumed that future performance of any specific investment or investment strategy (including those discussed herein) will be successful or profitable, or protect against loss. Past performance does not guarantee future results. All investments involve risks including the loss of principal. Learn more at https://yfpwealth.com/disclaimer/
