In this episode of Mark dives into the ‘Fun Bucket' strategy with Kevin Sebesta, exploring how retirees can transition from a saving to a spending mindset. Originally discussed on the Forget About Money podcast hosted by David Baughier, the concept involves allocating funds specifically for enjoyable activities to facilitate guilt-free spending.
The episode covers practical steps to implement the Fun Bucket, balancing financial security with personal enjoyment, and the long-term benefits of investing in experiences that create lasting memories. Discussions include managing retirement assets, planning for different life stages, and navigating generational wealth.
Listeners receive valuable insights on overcoming the psychological barriers of spending and making the most of their retirement years.
If you would like your question answered on the show, please send an email to [email protected] and put “podcast question” in the subject line.
Episode Links:
Mark’s Money Mind YouTube Channel
Forget About Money YouTube Channel
The Fun Bucket - Overcoming the Frugality Mindset
Timestamps:
In this episode Mark introduces the concept of the 'Fun Bucket' as a tool to facilitate guilt-free spending to overcome the psychological challenges of...
In this episode Mark responds to a listener's email about how to teach financial literacy to high school students and children. Mark emphasizes the...
In this episode Mark guides you through a comprehensive walk-through of the 2023 Form 1040 U.S. Individual Tax Return explaining each section in detail....