Your spending should match where you actually are in life, not where you think you should be. The speaker uses personal stories to show how financial decisions shift across different life stages.
We live through different life stages. And so one of the first things you can observe about yourself is, what life stage am I in? Like, am I in the allowance stage where my parents allow me to do things? Or am I in this creative stage? Or am I in this stage where I'm trying to find more meaning? Right. So we go through these different stages, and based on how we're wired to do money, there are certain stages of life that are going to align with that in a more synchronous way. Like when I was raising little kids, there was a point in their upbringing where we were on the same page. Like, I had a mattress I was trying to get rid of, and I put them on it, attached it to a lawnmower, and we drove that thing all over the place. We were playing and we were having fun. And then they got to an age where I didn't know really quite how to relate to them. That's the same thing with your money. But if you can identify it and see it. And that's what I think our whole process helps people to do, is visualize something that seems invisible.
Reducing Regrettable Attrition in Organizations by Fixing the System, Not the People Reducing Regret
