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#418: Maybe We Should Spend More, with Dr. Jordan Grumet

When Jordan Grumet was a child, his dad died unexpectedly.

That was decades ago.

Jordan is a father today, but he thinks often about the possibility of dying young.

And he wonders how to balance enjoying today vs. saving for tomorrow, given that none of us know how long we’ll be on this earth.

How do we think about our lives when the clock starts to run out?

Beyond money, what other tools can we use to live a fulfilling life?

Jordan Grumet, a hospice doctor and host of the Earn and Invest podcast, discusses this in today’s episode.

Timing of discussion as of December 2022:

01:17: The conundrum of delaying gratification vs. YOLO

03:33: Ernesto and the argument for not delaying gratification

07:31: Questions to navigate your best path

10:45: Building financial plans at different speeds of gratification

18:10: Money is a tool, but not the only tool

20:31: Tactics to bring more of the other tools into our lives

34:18: The impact of purpose, identity and connections on financial plans

Resources Mentioned:
Ep 355: Hospice Doctors Advice On Financial Independence – with Dr. Jordan Grumet

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