Episode 100 — A License to Spend: How to Use Your Money to Create Compounding MemoriesOverviewWelcome to the 100th episode of the One for the Money podcast! In this milestone episode, we explore the driving force behind our work with clients: giving them permission—a license—to spend intentionally so they can create a richer, more meaningful life.While compound interest is powerful, the compound effect of memories is even greater. We discuss why now—not someday—is the time to invest in the experiences that matter most. From family road trips to sabbaticals, from national parks to international adventures, this episode dives into the intersection of money, time, and health, and how better planning leads to a better life.In the Tips, Tricks, and Strategies segment, we break down six research-backed ways money can buy happiness—when used intentionally.What You’ll LearnWhy memories compound better than moneyThe importance of spending earlier, not laterHow health, time, and money intersect—and why waiting until retirement is often too lateHow experiences become lifelong “dividends” to your future selfInsights from Die with Zero by Bill PerkinsWhy Americans struggle to take vacation—and why that needs to changeSix evidence-based ways money can truly enhance happinessHow better planning gives you a “license to spend”Key TakeawaysMemories compound over time and are often worth more than the dollars saved.You can’t get your health or your kids’ childhood back. Use your money when you have both time and vitality.Spending intentionally—especially on experiences—yields long-term happiness.A financial plan exists to help you live well, not simply to help you accumulate more.Don’t wait until retirement to enjoy life. Balance smart saving with purposeful spending.Resources MentionedBook: Die with Zero by Bill PerkinsArticle: “6 Ways Money Can Buy Happiness” — Ronald Sier on Kitces.comPodcast inspiration: Tim Ferriss Show (question on most-gifted book)Concept: “Sharpen the Saw” — Stephen Covey, The 7 Habits of Highly Effective PeopleSix Research-Backed Ways Money Can Buy HappinessSpend on others, not just yourselfSpend to buy time and reduce stressSpend now, enjoy later — the power of anticipationSpend on experiences, not thingsSpend on small pleasures more oftenSpend to support fundamental human needs — growth, connection, purposeQuotes From This Episode“Memories compound better than money.”“A financial plan is not just about avoiding running out of money—it’s about avoiding running out of time.”“Life is a choice. Choose consciously. Choose wisely. Choose memories.”

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