Financially Well
Kevin Mahoney, CFP®
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How You Can Overcome a Hesitation to Use Your Savings
• 16 minWhat reasons do you give for not using your savings once in a while, even on special, one-time experiences with family and friends? In the thought-provoking book Die With Zero, author Bill Perkins explains why we point to our risk tolerance, passion for our work, or concern for our kids as justifications for always favoring earning over spending. But in this episode, Kevin Mahoney, CFP®, who specializes in financial planning for Millennials, shares the data and alternative perspectives that Die With Zero offers to address each of these objections. Kevin also shares the strategies that the book puts forward to encourage us to make better decisions around spending and saving. Ultimately, this episode emphasizes that money is nothing more than a tool in your life. It’s a means to an end. Earning money is necessary to help you to achieve the goal of enjoying your life. But, at some point, trying to maximize the money you make and save may get in the way of actually achieving that goal. Welcome to Financially Well, the finance podcast for Millennials.
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