In this episode, Malcolm Ethridge discusses the phenomenon of frugality inertia, and why it keeps retirees from being able to enjoy their retirement. He shares his insights on how it can help to reframe your focus and spend that retirement nest egg on things that will enhance your quality of life, ultimately leading to a happier and healthier version of yourself.
Malcolm Ethridge Discusses:
- The common causes of frugality inertia
- The high class problem of having to invent new ways to spend your money
- The importance of balancing your desire to preserve your savings with enjoying your retirement
- What steps retirees can take to help themselves feel comfortable spending money
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