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What Do You Save For? What You Value Most | Ep 75

23:51
 
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Manage episode 477630992 series 3514783
Content provided by Dr. Kyle Volstad, PT, DPT, OCS, FAAOMPT, CSCS, Dr. Kyle Volstad, PT, DPT, OCS, FAAOMPT, and CSCS. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Dr. Kyle Volstad, PT, DPT, OCS, FAAOMPT, CSCS, Dr. Kyle Volstad, PT, DPT, OCS, FAAOMPT, and CSCS or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Where we prioritize is what we truly value. This explorative conversation challenges us to examine not just how we save, but what we're actually saving for. Are our financial decisions aligned with what brings true happiness and life satisfaction?
Through personal reflection and wisdom gathered from others, I've identified five core areas worth investing in without hesitation. First are meaningful experiences with loved ones - those camping trips, family vacations, and shared adventures that become our most cherished memories. Next come soul-fulfilling personal activities that give us genuine life energy, whether that's surfing, golf, creative pursuits, or whatever uniquely energizes you.
A functional home environment designed to facilitate family connections represents another crucial investment. This isn't about luxury or size - often a thoughtfully designed modest space better fosters togetherness than an expansive mansion with separate wings. Quality food and physical health maintenance follow closely behind, as these directly impact our longevity and quality of life.
Perhaps most surprising is the emphasis on relationship maintenance, particularly with your spouse. Professional couples therapy, even when relationships aren't in crisis, provides tremendous value since our spousal relationship is the strongest predictor of overall happiness.
This perspective shift asks us to consider a powerful thought experiment: If Warren Buffett could trade all his billions for his 30-year-old health and vitality, wouldn't he take that deal? If health truly outvalues wealth, are our daily decisions reflecting this priority?
While financial prudence remains important - emergency funds and safety nets are essential - this conversation challenges mindless accumulation without purpose. The question becomes: are we saving just to save, or are we thoughtfully investing in what genuinely enhances our lives?
What do you spend your money on without hesitation? Does it align with what truly matters most? I'd love to hear your thoughts!

  continue reading

Chapters

1. What Do You Spend Money On? (00:00:00)

2. Experiences With Loved Ones (00:01:57)

3. Soul-Fulfilling Activities and Hobbies (00:03:40)

4. Functional Home for Family Life (00:06:27)

5. Quality Food and Health Priorities (00:09:19)

6. Investing in Your Relationship (00:10:45)

7. Health vs Wealth Perspective (00:17:51)

8. Saving With Purpose (00:21:24)

79 episodes

Artwork
iconShare
 
Manage episode 477630992 series 3514783
Content provided by Dr. Kyle Volstad, PT, DPT, OCS, FAAOMPT, CSCS, Dr. Kyle Volstad, PT, DPT, OCS, FAAOMPT, and CSCS. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Dr. Kyle Volstad, PT, DPT, OCS, FAAOMPT, CSCS, Dr. Kyle Volstad, PT, DPT, OCS, FAAOMPT, and CSCS or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Where we prioritize is what we truly value. This explorative conversation challenges us to examine not just how we save, but what we're actually saving for. Are our financial decisions aligned with what brings true happiness and life satisfaction?
Through personal reflection and wisdom gathered from others, I've identified five core areas worth investing in without hesitation. First are meaningful experiences with loved ones - those camping trips, family vacations, and shared adventures that become our most cherished memories. Next come soul-fulfilling personal activities that give us genuine life energy, whether that's surfing, golf, creative pursuits, or whatever uniquely energizes you.
A functional home environment designed to facilitate family connections represents another crucial investment. This isn't about luxury or size - often a thoughtfully designed modest space better fosters togetherness than an expansive mansion with separate wings. Quality food and physical health maintenance follow closely behind, as these directly impact our longevity and quality of life.
Perhaps most surprising is the emphasis on relationship maintenance, particularly with your spouse. Professional couples therapy, even when relationships aren't in crisis, provides tremendous value since our spousal relationship is the strongest predictor of overall happiness.
This perspective shift asks us to consider a powerful thought experiment: If Warren Buffett could trade all his billions for his 30-year-old health and vitality, wouldn't he take that deal? If health truly outvalues wealth, are our daily decisions reflecting this priority?
While financial prudence remains important - emergency funds and safety nets are essential - this conversation challenges mindless accumulation without purpose. The question becomes: are we saving just to save, or are we thoughtfully investing in what genuinely enhances our lives?
What do you spend your money on without hesitation? Does it align with what truly matters most? I'd love to hear your thoughts!

  continue reading

Chapters

1. What Do You Spend Money On? (00:00:00)

2. Experiences With Loved Ones (00:01:57)

3. Soul-Fulfilling Activities and Hobbies (00:03:40)

4. Functional Home for Family Life (00:06:27)

5. Quality Food and Health Priorities (00:09:19)

6. Investing in Your Relationship (00:10:45)

7. Health vs Wealth Perspective (00:17:51)

8. Saving With Purpose (00:21:24)

79 episodes

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