DiscoverOptimal Finance Daily - Financial Independence and Money Advice3347: [Part 1] Spend Less - Live More by Leif of Physician On Fire on Intentional Spending and Lifestyle Design
3347: [Part 1] Spend Less - Live More by Leif of Physician On Fire on Intentional Spending and Lifestyle Design

3347: [Part 1] Spend Less - Live More by Leif of Physician On Fire on Intentional Spending and Lifestyle Design

Update: 2025-11-09
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Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com.


Episode 3347:


Leif challenges the common belief that spending more equals living better, arguing instead that dialing back on expenses can actually unlock a richer, more meaningful life. With personal stories and data-backed insights, he highlights how financial discipline offers not deprivation, but freedom, especially for high earners who mistakenly conflate luxury with happiness.


Read along with the original article(s) here: https://www.physicianonfire.com/spend-less-live-more/


Quotes to ponder:


"When you dial down the spending, you’ll be able to live more."


"It’s much easier to stay off the hedonic treadmill or keep it going at a slow speed than it is to hop off once it’s hit a ludicrous speed."


"We don’t seem to be getting any happier despite substantial wealth gains over the past decade."


Episode references:


Ramit Sethi – I Will Teach You To Be Rich: https://www.iwillteachyoutoberich.com/


World Happiness Report: https://www.worldhappiness.report/

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3347: [Part 1] Spend Less - Live More by Leif of Physician On Fire on Intentional Spending and Lifestyle Design

3347: [Part 1] Spend Less - Live More by Leif of Physician On Fire on Intentional Spending and Lifestyle Design

Optimal Living Daily | Diania Merriam