Experience-Focused Financial Planning Service

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Experience-Focused Financial Planning Service

Inspired by a conversation on:

ChooseFI

ChooseFI

Are We Taking the Wrong Risks? With Chris Hutchins | Ep 567

Host: Brad

Timestamp: 00:10:44 - 00:14:01

Listen to Episode • View Podcast • All Ideas from ChooseFI

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Feather Flow

Direct Quote

"Evaluate where they are spending their money and whether they can invest in experiences instead."

Market Gap

People prioritize saving over valuable life experiences.

Many individuals in the financial independence community become overly focused on saving, often at the expense of meaningful life experiences. This can lead to a life filled with regrets about missed opportunities for adventure, connection, and joy. The traditional mindset often suggests that financial safety is paramount, but this can overlook the reality that experiences often yield greater life satisfaction. As people age, they may realize that they spent too much time saving and too little time enjoying life, leading to a need for a service that helps them align their spending with their personal values and life goals.

Summary

An experience-focused financial planning service would help clients evaluate their spending habits and prioritize investing in life experiences over excessive saving. This service would provide personalized financial strategies that encourage clients to allocate a part of their budget specifically for experiences, such as travel, family outings, and other activities that enrich their lives. By integrating financial advice with life coaching, this service would help clients find a balance between saving for retirement and enjoying their present lives, reminding them that the best returns often come from meaningful experiences.

Categorization

Business Model
Service
Target Founder
Subject Matter Expert
Difficulty
Medium
Time to Revenue
3-6 months
Initial Investment
$1,000-$10,000

Potential MRR (18-24 months)

Conservative
$2,000 - $5,000 MRR
Moderate (Most Likely)
$10,000 - $20,000 MRR
Optimistic
$30,000 - $50,000 MRR

* Estimates assume solo founder/bootstrap scenario with competent execution

Scores

Clarity
8/10
Novelty
7/10
Feasibility
6/10
Market Potential
8/10
Evidence
7/10
Overall
7.2/10
Found on October 6, 2025 • Analyzed on October 6, 2023 7:38 AM

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How should I validate this service idea before building it?

2:34 PM

Great question! For a service idea like this, I'd recommend starting with these validation steps:

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