BiggerPockets Money Podcast · Tuesday, June 30, 2026
Mindy Jensen and Scott Trench discussed a generational shift in the FIRE community, where the focus is moving beyond mere frugality to enjoying life's extras. Jensen cited a friend's sentiment, 'I'm not going to fly coach so that my kids can fly first class when I'm gone,' reflecting a desire to spend more on current experiences rather than solely deferring gratification.
“my friend Chris said, I'm not going to fly coach so that my kids can fly first class when I'm gone.”
“And I'm starting to have more of a shift to that as well. But it's hard for someone who has been frugal. It's hard to break out of that.”
“As this generation approaching fire has grown up, gotten married, had kids, and life has evolved, and they've gotten wealthy, and their portfolios allow them to allow them to spend spending, and the combination of accumulating wealth and increasing incomes allows that to happen very naturally and very responsibly.”