Why You Should Spend All Of Your Money Before You Die - Bill Perkins

Bill Perkins is a hedge fund manager, high stakes poker player, film producer and an author. What if the true path to financial fulfilment doesn’t lie in saving every penny, but rather in spending it as effectively as you can? Delayed gratification in the extreme results in no gratification, and Bill's book Die With Zero is one of the best financial philosophies I've ever come across. Expect to learn how to maximise your existence for positive life experiences, why you should give your kids their inheritance when they're 30, the most common errors people make about money, why it’s so hard for some of us to spend, the brilliant concept of ‘consumption smoothing’, what Sigmamode grindset-ers are getting wrong about work-life balance, how to plan your life in terms of seasons and much more... Sponsors: Get 20% discount & free shipping on your Lawnmower 4.0 at https://manscaped.com/modernwisdom (use code MODERNWISDOM) Get 15% discount on Mud/Wtr at http://mudwtr.com/mw (use code MODERNWISDOM) Get 10% discount on your first month from BetterHelp at https://betterhelp.com/modernwisdom (discount automatically applied) Extra Stuff: Buy Die With Zero - https://amzn.to/3MU4q99 Follow Bill on Twitter - https://twitter.com/bp22 Get my free Reading List of 100 books to read before you die → https://chriswillx.com/books/ To support me on Patreon (thank you): https://www.patreon.com/modernwisdom #money #finance #wealth - 00:00 Intro 00:21 How Bill is Saving Lives 09:35 Maximise Positive Life Experiences 20:12 What Most People Misunderstand About Money 28:06 Can You Delay Gratification Too Much? 38:40 What is ‘Consumption Smoothing?’ 46:13 Is the Sigma Grind Mindset Healthy? 56:53 Bill’s Tactics for Enhancing His Life 1:05:01 How to Die with Zero 1:11:38 Making the Most of Having Children 1:15:24 How to Know if You’re Living on Autopilot 1:26:25 Knowing When You Should Stop 1:33:39 Giving Money to Kids & Charity Early 1:45:07 Advice to Risk-Averse People 1:50:14 Where to Find Bill - Get access to every episode 10 hours before YouTube by subscribing for free on Spotify - https://spoti.fi/2LSimPn or Apple Podcasts - https://apple.co/2MNqIgw Get my free Reading List of 100 life-changing books here - https://chriswillx.com/books/ - Get in touch in the comments below or head to... Instagram: https://www.instagram.com/chriswillx Twitter: https://www.twitter.com/chriswillx Email: https://chriswillx.com/contact/

Bill PerkinsguestChris Williamsonhost

Jun 17, 20231h 52mWatch on YouTube ↗

EPISODE INFO

Released: June 17, 2023
Duration: 1h 52m
Channel: Modern Wisdom
Watch on YouTube: ▶ Open ↗

EPISODE DESCRIPTION

Bill Perkins is a hedge fund manager, high stakes poker player, film producer and an author. What if the true path to financial fulfilment doesn’t lie in saving every penny, but rather in spending it as effectively as you can? Delayed gratification in the extreme results in no gratification, and Bill's book Die With Zero is one of the best financial philosophies I've ever come across. Expect to learn how to maximise your existence for positive life experiences, why you should give your kids their inheritance when they're 30, the most common errors people make about money, why it’s so hard for some of us to spend, the brilliant concept of ‘consumption smoothing’, what Sigmamode grindset-ers are getting wrong about work-life balance, how to plan your life in terms of seasons and much more... Sponsors: Get 20% discount & free shipping on your Lawnmower 4.0 at https://manscaped.com/modernwisdom (use code MODERNWISDOM) Get 15% discount on Mud/Wtr at http://mudwtr.com/mw (use code MODERNWISDOM) Get 10% discount on your first month from BetterHelp at https://betterhelp.com/modernwisdom (discount automatically applied) Extra Stuff: Buy Die With Zero - https://amzn.to/3MU4q99 Follow Bill on Twitter - https://twitter.com/bp22 Get my free Reading List of 100 books to read before you die → https://chriswillx.com/books/ To support me on Patreon (thank you): https://www.patreon.com/modernwisdom #money #finance #wealth - 00:00 Intro 00:21 How Bill is Saving Lives 09:35 Maximise Positive Life Experiences 20:12 What Most People Misunderstand About Money 28:06 Can You Delay Gratification Too Much? 38:40 What is ‘Consumption Smoothing?’ 46:13 Is the Sigma Grind Mindset Healthy? 56:53 Bill’s Tactics for Enhancing His Life 1:05:01 How to Die with Zero 1:11:38 Making the Most of Having Children 1:15:24 How to Know if You’re Living on Autopilot 1:26:25 Knowing When You Should Stop 1:33:39 Giving Money to Kids & Charity Early 1:45:07 Advice to Risk-Averse People 1:50:14 Where to Find Bill - Get access to every episode 10 hours before YouTube by subscribing for free on Spotify - https://spoti.fi/2LSimPn or Apple Podcasts - https://apple.co/2MNqIgw Get my free Reading List of 100 life-changing books here - https://chriswillx.com/books/ - Get in touch in the comments below or head to... Instagram: https://www.instagram.com/chriswillx Twitter: https://www.twitter.com/chriswillx Email: https://chriswillx.com/contact/

SPEAKERS

Bill Perkins
guest
Chris Williamson
host
Narrator
other

EPISODE SUMMARY

In this episode of Modern Wisdom, featuring Bill Perkins and Chris Williamson, Why You Should Spend All Of Your Money Before You Die - Bill Perkins explores bill Perkins: Stop Hoarding Money And Start Maximizing Life Experiences Bill Perkins explains his ‘Die With Zero’ philosophy: life should be optimized for net fulfillment, not net worth, by consciously using time, health, and money to create meaningful experiences before it’s too late.

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