Get Rich Education

257: Spend Your Money … Lots Of It

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Sinopsis

Five benefits of spending your money are discussed. (What? Is this irresponsible?) Keith Weinhold tackles the rarely-discussed benefits of money-spending: You beat inflation. You don’t “lose” money; you spent it how you desired. Ensure a better quality of life. You help the economy exactly where you want to. Spending is more fun than saving.   Many are afraid to discuss the topic of spending. Also discussed - what goes into home price appreciation, how inflation persists despite decades of technology, Millennials waiting for home prices to drop. Back to spending: Are “cheap” people annoying?  School is irrelevant to wealth. Don’t cut expenses; increase income. The only place you get money is from other people. Buy top vacations, wellness & exercise, mattress, vision, shoes, dental, home renovation, unprocessed food, phone. Spending is an investment in yourself. Experiences vs. Stuff. Money is fuel; it’s only potential. The $25,000 taco. Giving to charity.   Benjamin Franklin: “Wealth is not his that h