The Money with Katie Show #11: MONEY, HAPPINESS, AND TIME: Interview with Ben Miller, Founder of ChroniFI
Dec 15, 2021
Ben Miller, founder of ChroniFI and former Goldman Sachs options trader, builds tools that translate money into time. He discusses why common finance advice fails, balancing fear and enjoyment in saving, reframing housing as prepaid consumption, and using time-based metrics to test retirement and lifestyle choices.
AI Snips
Chapters
Books
Transcript
Episode notes
Be Happy Now And Plan For Later
- Prioritize being happy now and pursue financial independence later rather than deferring all happiness to retirement.
- Ben reframes goals: aim to be content today so your retirement plan matches the life you actually want.
Hulu Ads Taught The Value Of Time
- Ben discovered Your Money or Your Life and reframed money as a way to buy time, not an end in itself.
- That insight led him to build ChroniFI to convert net worth and expenses into years of financial independence.
Measure Money In Years Not Dollars
- Translate finances into time units like years of financial independence to get an intuitive, single metric to track progress.
- ChroniFI shows "years you can be financially independent" by combining expenses, net worth and expected returns.
