Maybe We Should Spend More, with Dr. Jordan Grumet
Afford Anything | Make Smart Money Choices
Paula Pant | Cumulus Podcast Network
4.7 • 3.6K Ratings
🗓️ 15 December 2022
⏱️ 48 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 0:00.0 | You can afford anything but not everything. |
| 0:11.0 | Every choice that you make is a trade-off against something else, and that doesn't just |
| 0:15.0 | apply to your money. |
| 0:16.2 | That applies to your time, your focus, your energy, your attention, any limited resource |
| 0:21.0 | that you need to manage. |
| 0:22.8 | Saying yes to something, implicitly means, turning away other opportunities. |
| 0:27.9 | And that opens up two questions. |
| 0:29.9 | First, what do you value most? |
| 0:32.8 | And second, how do you make decisions accordingly? |
| 0:35.8 | How do you translate values into actions? |
| 0:39.2 | Answering these two questions is a lifetime practice, and that's what this podcast is here |
| 0:43.4 | to explore and facilitate. |
| 0:45.9 | My name is Paula Pant, I'm the host of the Affordable Care Foundation podcast, and |
| 0:49.3 | today, Dr. Jordan Grummit joins us to discuss the continuum between living in the moment |
| 0:57.9 | and planning for the future. |
| 1:00.4 | In this interview, we refer to it as the YOLO to deferred gratification continuum, the spectrum, |
| 1:07.7 | representing at one extreme end, living entirely in the present moment, and enjoying lots |
| 1:13.9 | of fantastic, rich life experiences, adventures, travel, dining, all the joys of the present |
| 1:23.0 | moment, at one end of the spectrum, and obsessively planning for the future, being deeply entrenched |
| 1:31.3 | in trying to build to a certain financial independence number or trying to build to a certain |
| 1:37.2 | retirement, early retirement date, saving and investing 40, 50, 60% of your income, so |
| 1:44.5 | that you can hit some net worth goal, that lays at the other end of the spectrum. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Paula Pant | Cumulus Podcast Network, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Paula Pant | Cumulus Podcast Network and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

