Have you heard people talking about the hedonic treadmill, the idea that once you start spending money on certain things

You're not going to enjoy it anymore and then they usually tell you this so therefore don't get on the hedonic treadmill

Don't spend any money if you get a raise bank at all. I don't love that advice. It's just getting people to play small

I would rather you have a philosophy or a framework on how to know when you are ready to spend more in my life

If you told me remit you can't stay at nice hotels

That would actually be very difficult for me because those things are important to me

For a lot of people if they own a house and you say you can't afford it anymore

You've got a rent or move into an apartment. They would find that incredibly difficult

I don't want you to be afraid of the hedonic treadmill and worry about spending money on anything because you're just gonna

Get used to it. So don't do it at all. No, I want you to have a more nuanced perspective on money

That's why this Saturday on my podcast newsletter. I'm going to share six main areas where once you spend money

It's really difficult to go back and my philosophy is to make sure that you are ready

To move up the value chain before you ever spend money on these things

I set my life up so I would never have to take a step back when it comes to nice hotels

I want you to do the same for the important things in your life get on the newsletter at iwt.com slash podcast newsletter

I'm only sending this particular newsletter out on Saturday, August 12th after that you will not be able to access it

Iwt.com slash podcast newsletter

Part of me is resentful that

To Mike that he like wanted this house so bad and that now we have all these things to maintain

Renting was easier

Some days I'm like

But I just want to move back into our campervan so we can travel to country

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