Why You Should Spend All Of Your Money Before You Die - Bill Perkins - #642

**Chris Williamson** (0:00)
Hello friends, welcome back to the show. My guest today is Bill Perkins. He's a hedge fund manager, high stakes poker player, film producer, and an author. What if the true path to financial fulfillment doesn't lie in saving every penny, but rather in spending it as effectively as you can? Delayed gratification in the extreme results in no gratification, and Bill's book, Die With Zero, is one of the best financial philosophies that I've ever come across. Expect to learn how to maximize your existence for positive life experiences, why you should give your kids their inheritance when they're 30, the most common errors people make about money, why it's so hard for some of us to spend, the brilliant concept of consumption smoothing, what Sigmamode grindsetters are getting wrong about work-life balance, how to plan your life in terms of seasons and much more. I love this. Bill's insights are phenomenal. If you are somebody like me who feels guilty when you spend money, who struggles to do it, perhaps you have come from a working-class background and now earn a bit more money than you're used to and you have absolutely no idea what you're supposed to do with your life, this is the conversation for you. I very much appreciate Bill's approach. He's very systematized, very rigorous, very thoughtful. Yeah, this can make a massive difference to your quality of life and make you feel a lot less guilty, I think as well. In other news, this episode is brought to you by Manscaped. The Manscaped Lawnmower 4 is the best ball and body hair trimmer ever created. If you are a gentleman who needs to trim your body hair, this is the tool that you need to get for the job. You should not be using an old face shaver from four birthdays ago. No, that is going to be tres bad on your body. And this is actually made to do the job. They've got a 7,000 RPM motor with quiet stroke technology, a 90 minute battery so that you can take a longer shave, waterproof technology, a cutting edge ceramic blade to reduce grooming accidents. You can even use it in the shower and there's an LED light which illuminates grooming areas for a closer and more precise trim. So if you or the gentleman in your life, it's a little bit too hairy and you want to give them a bit of a nudge and say, look, just let's maybe dial it back a little bit. This is a fantastic gift. And you can get free shipping worldwide plus 20% off with the code Modern Wisdom. If you go to manscaped.com/modernwisdom, that's manscaped.com/modernwisdom and Modern Wisdom, a checkout. In other other news, this episode is brought to you by Mudwater. Mudwater is a coffee alternative with adaptogenic mushrooms and Ayurvedic herbs. It provides energy without the anxiety, jitters or crash of coffee. The blend includes Lion's Mane for alertness, Cordyceps for physical performance, Chaga and Rishi for immune support, Turmeric for soreness and Cinnamon for antioxidants. It's Whole30 approved, 100% USDA, organic, non-GMO, gluten-free, vegan and Kosher certified. You've probably heard lots of people and the internet talking about Mudwater because it is a really, really impressive drink and it has a beautiful ritual around it. On a morning, you're supposed to reflect, take a couple of minutes to think about yourself and your plans and your goals and the day ahead and I really do appreciate that. Also you can get 15% off everything site-wide if you go to mudwtr.com/mw and use the code MW15 at checkout. That's mudwtr.com/mw and MW15 at checkout. And in final news, this episode is sponsored by BetterHelp. BetterHelp is the world's largest therapy service and it is 100% online. With BetterHelp, you can tap into a network of over 30,000 licensed and experienced therapists who can help you with a wide range of issues. To get started, you just answer a few questions about your needs and preferences in therapy. That way, BetterHelp can match you with the right therapist from their network. You can then talk to your therapist however you feel comfortable, whether it's via text, chat, phone or video call. You can message your therapist at any time and schedule live sessions when it's convenient for you. And if your therapist isn't the right fit for any reason, you can switch to a new therapist at no additional charge. Head to betterhelp.com/modernwisdom to take that free quiz and get a 10% discount off your first month. That's better help.com/modernwisdom to join over 2 million people who have taken charge of their mental health today. But now, ladies and gentlemen, please welcome Bill Perkins.
You said that you wrote this book to save people's lives. What do you mean?