Dave and Beth are a high-earning household stuck in the perpetual cycle of rising income and ever-increasing spending. While their situation ultimately led them to bankruptcy, their story is an extreme example of how getting stuck on the hedonic treadmill and pursuing other people’s money scripts can leave you emotionally empty and financially broke.

In today’s podcast, we’ll talk about some of the factors that led to Dave and Beth’s financial situation, how it wasn’t always like this for the couple and how becoming the master of your financial independence journey might prevent a similar for you or someone you know in a similar spot.

Whether you’re earning six figures and broke like Dave and Beth, or simply trying to take control of your finances, learning a new financial management technique, determining your “retirement number” or some material outcome may not be the approach you need. What might suit your situation better is reframing your relationship with money, rewriting your money scripts, and mastering your financial independence journey.