The Mindset Shift: From Saving Every Penny to Spending with Purpose
00:00:00.000 | My dad always talked about just don't have credit card debt.
00:00:02.220 | That was the one thing that was reeled into me from an early age.
00:00:04.400 | It's one of the worst decisions you can make.
00:00:05.840 | And I still believe that.
00:00:06.820 | But I think especially since I've had kids, the idea of just spending money and enjoying
00:00:10.700 | some of it now, that has been a big mindset shift for me.
00:00:14.120 | That if you would have told me that in my 20s and early 30s, I would have said, you're
00:00:17.660 | nuts.
00:00:17.880 | No, you think about how much you're giving up on compounding interest over time and all
00:00:21.380 | these things.
00:00:21.760 | And I do think that's one of the areas where the younger generation has learned to enjoy
00:00:27.420 | themselves more.
00:00:28.320 | Now, older generations may look at them and say, they're overdoing it.
00:00:30.860 | They're spending way too much money.
00:00:32.320 | But I think that mindset shift is way different now of just things like paying for convenience
00:00:37.720 | and again, traveling and paying for experiences.
00:00:40.160 | I think that's something that a younger generation gets right.