Video: How to Spend Money

This video is about people who have been #saving their whole #lives and now have trouble #spending #money. We have trouble with #decumulation. The video discusses being #mindful about spending on #experiences, knowing what your #values are so that you gain from your spending, including #altruism and #donations. Using a #budget is also recommended, to know how much you can and should spend, to enjoy the fruits of your #labor.

http://canadianmoneytalk.ca/2024/11/03/video-how-to-spend-money/

#Decumulation is the spending down of assets accumulated for #retirement. In my latest #moneyarchitect blog post, I review some decumulation strategies. Read more here: https://moneyarchitect.ca/the-varieties-of-decumulation-strategies/ #adviceonly #FinancialPlanning #financialplanningCanada #personalfinance #personalfinancecanada