Spend Your Money NOW - Before It’s Too Late! (Bill Perkins Final Warning)
The Iced Coffee Hour
Graham Stephan/Jack Selby
4.4 • 790 Ratings
🗓️ 6 July 2025
⏱️ 151 minutes
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Summary
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| 0:00.0 | I don't give a shit about saving. I don't give a shit about spending. I care about fulfillment and thriving. |
| 0:04.7 | We have all learned to focus on saving your money for your golden years. So our next guest says, |
| 0:10.1 | actually do the opposite. I've read your book probably five to six times because I am the exact |
| 0:16.7 | opposite. You're afraid of running out of money. I'm afraid of waste of my life. You are living in fear |
| 0:21.7 | of something in the future and robbing yourself of your current life. Delayed gratification |
| 0:27.0 | indefinitely is no gratification. And unfortunately, your body has a vote and it's going to decay. |
| 0:33.0 | And you will not be able to get that gratification to the extent you can now. I mean, Google lists your net worth at over $100 million. |
| 0:41.3 | So some people are going to comment that it's not just that easy. |
| 0:44.3 | For those who are like, have average intelligence and lots of hustle, there's so many ways to make money. |
| 0:50.3 | What's your advice to people with a low income? |
| 0:53.3 | Like if you're very poor, the first step you're trying to do is... |
| 1:01.0 | Bill Perkins, thank you so much for coming on the iced coffee hour. It's good to be on. |
| 1:05.3 | We have two lives, and the second one begins when we realize we only have one. What does this quote mean to you? |
| 1:11.2 | It means that I think a lot of people behave as if they're going to live forever or they're going to get a second life, like in video games. |
| 1:18.1 | And when you realize that you only have one life, one ride on this planet, you begin to take it a little bit more seriously. |
| 1:25.9 | You begin to care a little bit less about what other people think. And you begin to dive it a little bit more seriously. You begin to care a little bit less about what |
| 1:27.8 | other people think. And you begin to dive deep and chase after what you really want out of this |
| 1:33.5 | ride. It's interesting because I've read your book probably five to six times in total. It's the one |
| 1:40.3 | book that people keep telling me to read through because I am the exact opposite of everything that you described in the book. I'm extremely frugal. I like saving money at all costs and I like delaying gratification. For me, I get a lot of peace of mind knowing that like 30 years from now I'll have enough versus living it up today. Right. But is that a fear-based thinking or is that an optimized for fulfillment type thinking? |
| 2:05.5 | I would say probably 80% fear, 20% optimization. |
| 2:08.9 | Right. And so fear is a great thing that we have, right? It keeps us alive. It keeps us from |
| 2:13.3 | being bears or lions on the serengeti when we were in tribe, right? And it prevents you |
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