The fact that money is so measurable is both a blessing and a curse. It’s a blessing because your budget, your salary, how much you have set aside in investment accounts- basically all dollar amounts in your life are very quantifiable. And because of that it’s not difficult to make some tweaks in order to see some movement with your net worth. Awesome! But at the same time it’s a curse- because these are measurements that are so readily available, we can often overly rely on these numbers to let us know how we’re doing in life. If you’re overly focused on the numbers and if your life satisfaction is purely determined by how much you’ve got in the bank, then we’d argue that you’re incorrectly using your wealth as the main measurement of life satisfaction. So hear us out: the argument we’re putting forth today is that maybe we should all consider dying destitute! We discuss some great reasons to consider spending all your money, how to spend your money in a way that brings you the most joy and happiness, whether you should give money away before or after you die, and some thoughts on leaving money to your kids.

  • Carnegie – Turns out most folks say CAR-nuh-gie… unless you’re Joel or a Scot in which case you’d say car-NAY-gie
  • Debt – Not all debt is dumb, we recently talked using debt to catapult your finances.
  • Money mission statement – Check out the worksheet we created to help you create your own Money Mission Statement! Download it, and give it a solid 30 minutes one evening to really begin some soul searching to determine what you want your life to look like.
  • Credit Card Tool – Looking for the right credit card for you? Then check out our new credit card tool that’ll help you to easily filter through all the cards based on your preferred airline, whether or not they have an annual fee, or simply by the cash back offer! Just toggle the sliders and you’ll know which card to consider.
  • Newsletter – Don’t forget to sign up for the best personal finance newsletter in all the land! It’s completely free and something we create to help you along your journey to financial freedom. It drops every Tuesday morning and you can always unsubscribe if you don’t dig it!

During this episode we enjoyed a Raspberry Blush by Mikkeller Brewing! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!

Best friends out!

* Advertiser Disclosure: How to Money has partnered with CardRatings for our coverage of credit card products. How to Money and CardRatings may receive a commission from card issuers.
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