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simple financial independence

Super Simple Financial Independence with Chris Mamula from Choose FI

You might think that only accountants or finance geniuses can figure out how to retire early, but this is not true. Our guest today retired at the age of 41!  Chris Mamula was a physical therapist who wasn’t excited when he thought about the future. He decided to educate himself on how to reach financial independence and he couldn’t believe how easy it was.

Chris is a husband and dad who now enjoys an adventurous lifestyle on his own terms. He blogs at Can I Retire Yet, is part of the Choose FI movement, and is also the primary author of the book Choose FI: Your Blueprint to Financial Independence.

Today he shares his super simple financial independence tactics to help you put your wealth-building on autopilot.

What You’ll Learn

  • Don’t always blindly trust a financial advisor.
  • The million-dollar mistake Chris made when he first began financial planning
  • Super Simple Financial Independence
    1. Spend less.
    2. Earn more.
    3. Invest better.
  • Cut on the biggest expenses—housing, cars, and food.
  • Where can you cut on taxes?
  • How can you eliminate investment fees?
  • Travel hacks so that you can vacation without depleting your savings or going into debt
  • How to live better while spending less
  • Lining up spending with your values
  • Moving to an area with lower cost of living
  • Chris puts 50% of his income into savings.
  • Financial self-assessment—track your spending for a month and be honest about where your money is going. Is it going toward the life you want?
  • Knowing your emotional tolerance to stock market fluctuations
  • Investing in real estate for financial independence
  • Creating your own business
  • How to get kids interested in finance
  • Personal finance doesn’t have to be overwhelming. Learn how to tackle it one simple step at a time.


MENTIONED EPISODES:

ChooseFI: Stock Market, Tax, and Retirement Hacks with Brad Barrett

Reframing Your Life for Financial Independence with Brad Barrett

All the Money You Will Ever Need with Grant Sabatier

The New Mindset for Money with Grant Sabatier


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If you’re enjoying the show, leave us an itunes reviewIf your review is chosen as the iTunes Review-of-the Week, we’ll send you the free book of your choice!

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Thanks for the support!

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YNAB. You Need a Budget

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Chris Mamula’s Links

Can I Retire Yet?

Amazon

Resources

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FREE EBOOK:  CONNECTION WITH YOUR KIDS

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Money and Your Marriage

Money and Your Marriage with Jesse Mecham

Financial issues are one the biggest causes of divorce. Not only do money problems make life stressful, they can lead to conflicts that can damage a marriage and destroy a family. But what if you could take a few, simple steps right now to totally change your money situation? Today, we talk about money and your marriage and how you can make budgeting decisions with your spouse easily and argument-free.

Jesse Mecham is the creator of the YNAB (You Need a Budget) app. He is back on The Dad Edge to talk about how to approach the money discussion in a way that will stop friction and encourage intimacy. He outlines his 4 Money Rules to future-proof your finances and gives guidelines for trimming the fat on your expenses without feeling deprived.

After listening to this show, you will feel confident about budgeting, prepared for the unexpected, and hopeful about your dreams for the future.

“Money’s not always simple, but it can get a lot simpler.”—Jesse Mecham

Jesse Mecham

Jesse Mecham founded YNAB in 2004 to help him and his wife, Julie, watch their money. Studying for his master of accountancy at Brigham Young University at the time, he put his numbers wizardry to work to develop a system to track their expenses, and that became YNAB. He lives in Utah with Julie and his seven kids!

YNAB – You Need A Budget

You Need A Budget is award-winning software and a proven method—that works.

What really makes You Need A Budget different is that we can teach you how to manage your money and get ahead—for good.

What if your bills rolled in, and instead of piling up, you just paid them? No sweat.

What if you didn’t even realize it was payday because you had money in the bank and weren’t desperate for that check to arrive?

Forget everything you think you know about budgeting and prepare to experience total control.

Get a FREE 34 Day Trial at YNAB.com/dads

What You’ll Learn

  • A money dysfunction in your marriage is a landmine that will eventually go off.
  • You can make huge leaps in your marriage even when you think it’s already good.
  • You don’t get commitment without conflict, and you don’t get conflict without trust. You must trust your spouse enough to handle whatever you’re going to tell them.
  • On patience—increase the gap between stimulus and response and fill it with curiosity.
  • Jesse’s morning habit of reading “hard books”
  • As a couple, ask yourselves … What do you want? What are you dreaming about? Not in the distant future, but in the next few years? Most couples don’t have this conversation.
  • All the questions that used to add tons of stress are easy decisions when your visions are aligned.
  • You can feel more peace in as little as an hour and a half after you have this money talk with your spouse.
  • Do whatever you want with your money as long as it means something to you.
  • In Jesse’s experience working with men on their budgets, eating out is the easiest, most effective expense to cut.
  • Rediscover cooking at home.
  • Becoming more self-reliant to save.
  • Tip: Only budget money you have on hand. Don’t give money a job you don’t actually have yet.
  • How to pre-budget for big experiences, upcoming expenses, and emergencies.
  • How to keep your budget changeable.
  • Age your money—the dollar you spend today you should have made 30 days ago.
  • Make reviewing your budget part of your morning coffee routine.
  • Getting to where you want to be financially won’t happen overnight. Be patient with yourself.
  • 4 Rules of YNAB
    1. Give every dollar a job
    2. Embrace your true expenses
    3. Roll with the punches
    4. Age your money

MENTIONED EPISODES

The Easy and Effective Way to Budget for Your Goals with Jesse Mecham

The New Mindset for Money with Grant Sabatier

Staring Down the Wolf with ex-Navy SEAL Mark Divine

Battling Cancer as a Dad with Hal Elrod


Leave an iTunes review.
Get a FREE book!

If you’re enjoying the show, leave us an itunes reviewIf your review is chosen as the iTunes Review-of-the Week, we’ll send you the free book of your choice!

What to do: send an email to support@gooddadproject.com notifying us about your review, your mailing address, and your choice of a guest book from our Books Page!

Thanks for the support!

CLICK HERE TO LEAVE YOUR REVIEW.


YNAB. You Need a Budget

Get your FREE Trial at YNAB.com/dads


Jesse Mecham’s Links

YNAB.com

Facebook

Twitter

Instagram

Amazon

Resources

Fill out an application for The Dad Edge Alliance

The Dad’s Edge AUDIOBOOK on iTunes or Audible

GRAB A COPY OF THE DAD’S EDGE BOOK HERE

Join our Dad Edge Group on Facebook

We have Dad Edge T-Shirts!  Grab one HERE

FREE chapter from THE DAD’S EDGE on UNLIMITED PATIENCE

FREE EBOOK: CONNECTION WITH YOUR SPOUSE

FREE EBOOK:  CONNECTION WITH YOUR KIDS

Follow The Dad Edge


Don’t settle for a mediocre life.

Join over 420 men becoming their best selves
in The Dad Edge Alliance.

APPLY HERE!


What did you think of the show?

What was your biggest take away?

Tag us when you share on social media!

#TheDadEdge

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financial independence

Reframing Your Life for Financial Independence with Brad Barrett


Do finances stress you out? You’re not alone. Most of us aren’t clear about what we have to do to achieve financial independence. The average 50-year-old has about 50K in savings. Most millennials are not saving at all. The majority of family households don’t even have a budget to know what they’re spending on.

Money problems wreak havoc on our physical and mental wellbeing as well as our relationships. The best time to take control and be intentional about financial independence is right now.

Financial legend, Brad Barrett, returns to The Dad Edge. He’s the cohost of the Choose FI Podcast, the co-author of Choose FI: Your Blueprint to Financial Independence, and cofounder of a financial independence movement that has spread worldwide.

Brad went from being a full-time CPA to retired and financially independent at the age of 35. Now he empowers others to design their paths to financial independence.

Today, Brad gives us simple, actionable steps you can take right now to cut expenses, save money, and build wealth without feeling deprived. He also talks about how to get your spouse in on the game to use your financial plan to bring you closer.

It’s not about what you’ll be giving up, it’s about making your life better. Don’t waste another day or another cent. It’s time to build a lifestyle according to what you value most.

Brad Barrett

Brad and his wife are both Virginia Certified Public Accountants (CPAs) and find themselves constantly looking for new strategies to make their lives less stressful and more financially secure.

Brad lives for finding smart and creative life hacks to make their lives easier and he looks forward to helping others do the same in in their lives on the path to financial independence.

Brad is passionate about everything from saving money, to living a more healthy lifestyle, to ‘boring’ things like tracking your finances and cutting down on your tax bill. But his favorite topic is leveraging credit card rewards to save more money, and take trips you never would have dreamed possible for pennies on the dollar.

What You’ll Learn

  • Living a life of intentionality with freedom as your goal
  • How to reframe and anchor to a 15-20 year working life instead of the traditional retirement age.
  • If you look at saving and budgeting as deprivation, you’re going to be bitterly unhappy.
  • Life is an experiment. Find out what makes you happy and what helps you interact best with your wife and kids.
  • How to figure out what you value.
  • Why you should never sacrifice date nights with your wife.
  • Cutting back in less important areas allows you to spend lavishly on the things you really value.
  • Cutting expenses on housing, food, and transportation
  • Brad’s $2 per person per meal family dinner plan.
  • Preparing food in advance to avoid scrambling for take-out or ready-to-eat food.
  • How intentionality and planning saves both money and time.
  • Having happy hour with your spouse at home to save the huge bar tab.
  • How FI can bring you closer together as a couple, turning life into a game you play together.
  • How to live the same middle-class life as everyone else without being chained to a job.
  • The FIRST STEP: Get an honest understanding of what’s going on in your finances.
  • Face your mistakes. Put your financial failures on paper without beating yourself up about it.
  • How the money story that comes from our childhoods affects us as adults
  • Think about what kind of security you need. Each person is different.
  • Sit with your spouse. Ask yourselves, what do you want your lives to look like, and is your current budget going to get you there?
  • Hiding or avoiding talking about your financial habits with your spouse is destructive. You don’t want to be enemies. You want to be teammates.
  • Make decisions and take action. It doesn’t help to learn of you don’t act on the information.
  • In the beginning, the easiest way to begin to save money is decide what to cut, like subscriptions you don’t really use.
  • Bolder steps you can take like moving to a less expensive city or selling your car.
  • Reframe your budget mindset as a path to a better life.
  • Think about how you can earn more—start a side hustle, ask for a raise at your current job, or add to your education and skills.
  • Get easy quick wins that will inspire you to do more.
  • Think about how much less stressful your life would be if you knew you had a few thousand in the bank as a cushion. You don’t have to take crap from your job when you have enough money saved up.
  • It’s not about deprivation, it’s about making your life better.

RELATED EPISODES:

ChooseFI: Stock Market, Tax, and Retirement Hacks with Brad Barrett

All the Money You Will Ever Need with Grant Sabatier

Choose FI Podcast with Larry Hagner


Like the show? Leave an iTunes review.

If you’re enjoying the show, we encourage you to leave an itunes review.
We read reviews on the show every week.
The next one might be yours!

Thanks for the support.

CLICK HERE.


YNAB. You Need a Budget

Get a FREE 34 Day Trial at YNAB.com/dads


Brad Barrett’s Links

Choosefi

Facebook

Twitter

Instagram

Free travel rewards course: http://choosefi.com/travel

Find a local Choose FI group: https://apps.choosefi.com/local-groups/

Resources

Fill out an application for The Dad Edge Alliance

==>NEW!!<== Grab a copy of The Dad’s Edge AUDIOBOOK on iTunes or Audible

GRAB A COPY OF THE DAD’S EDGE HERE

Join our Dad Edge Group on Facebook Request Entry Here

We have new Dad Edge T-Shirts!  Grab one HERE

Download a free chapter from: THE DAD’S EDGE on UNLIMITED PATIENCE HERE

Check out this free resource on: CONNECTION WITH YOUR SPOUSE

Download this free resource on:  CONNECTION WITH YOUR KIDS

Links


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How to Execute Major League Achievement Todd Stottlemyre

How to Execute Major League Achievement—Exclusive Dad Edge Alliance Q&A with Todd Stottlemyre

It doesn’t matter where you’re at. It only matters where you’re going. That is what Todd Stottlemyre says. He’s a former 3-time World Champion Major League Baseball player and the author of Relentless Success: 9-Point System for Major League Achievement.

Todd’s a good friend of The Dad Edge Alliance and returns for this live Q&A in our mastermind group where he answers questions about failure, fatherhood, and how to make an impact in life. He confesses the mistakes he has made, the adversity he’s faced, and what compelled him to pass on what he has learned in his life in the form of a book.

Todd Stottlemyre is a dynamic guest. Prepared to get fired up and learn how to execute major league achievement in your life!

 



MENTIONED EPISODES:

How to Optimize the 5 Dimensions of Manhood

Breaking the World of Impossible with Todd Stottlemyre

Relentless Success Through Triumph and Tragedy with Todd Stottlemyre


Like the show? Leave an iTunes review.

If you’re enjoying the show, we encourage you to leave an itunes review.
We read reviews on the show every week. The next one might be yours!
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CLICK HERE.


Todd Stottlemyre’s Links

toddstottlemyre.com

Facebook

Twitter

Instagram

Resources

Fill out an application for The Dad Edge Alliance

==>NEW!!<== Grab a copy of The Dad’s Edge AUDIOBOOK on iTunes or Audible

GRAB A COPY OF THE DAD’S EDGEHERE

Join our Dad Edge Group on Facebook Request Entry Here

We have new Dad Edge T-Shirts!  Grab one HERE

Download a free chapter from: THE DAD’S EDGE on UNLIMITED PATIENCE HERE

Check out this free resource on: CONNECTION WITH YOUR SPOUSE

Download this free resource on:  CONNECTION WITH YOUR KIDS

Links


Hungry for more out of life?

Become a member of The Dad Edge Alliance

APPLY HERE!


Learn More About Our Live Event!

June 5th – 8th 2019

CLICK HERE.


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grant sabatier

All the Money You Will Ever Need with Grant Sabatier

Today is our 200th episode of the main show. Thanks to all our listeners for downloading and leaving reviews! We have a spectacular guest for this milestone.

Finance is one of our most popular topics on The Dad Edge. We go through years of education and training for our careers, but we’re never taught about how to best use the money we make, and sadly, we rarely take active steps to find ways to increase our income.

Grant Sabatier is the founder of MillennialMoney.com and is financially free at the age of thirty-five. He says that the “old school” retirement narrative is obsolete and is with us to talk about his book Financial Freedom: A proven path to all the money you will ever need.

Get ready for early retirement!

'I think financial literacy is a human right.'—@sabatier @millennialmoney #finance #money #investment Click To Tweet

Grant Sabatier

Grant Sabatier is the Author of Financial Freedom (Penguin Random House) and Creator of Millennial Money, which has reached over 10 million readers.

Dubbed “The Millennial Millionaire” by CNBC, Grant Sabatier went from $2.26 to $1 million in 5 years through entrepreneurship, side hustling and investing. After reaching financial independence at the age of 30, Grant Founded MillennialMoney.com, where he writes about making and investing money and co-hosts the Financial Freedom podcast.

Grant has been featured in over 200 international media outlets including The New York Times, The Washington Post, National Public Radio, Money Magazine, ABC Nightline, Chicago Tribune, USA Today, Inc. Magazine, Forbes, The Sydney Morning Herald, and many others.

'You want to make your money-making engine as powerful as possible.'— @Sabatier @millennialmoney #money #finance #investment #retirement #FI Click To Tweet

What You’ll Learn

  • What inspired Grant to make it his sole focus to make 1 million and retire as soon as possible
  • How in 5 years he reached his goals and had 1.25 million invested
  • What Grant learned about himself during his journey
  • How he lived off of 20% of his income and used the other 80% to create an escape hatch
  • How money is infinite, time isn’t
  • Why we need to disrupt of the traditional narrative of trading time for money
  • How Grant’s Financial Freedom book is the path to all the money you’ll ever need
  • Using money to live the life that you want
  • The 7 steps financial freedom
  • How most people don’t even know what financial position they’re in
  • Buying time for yourself by saving up enough to cover expenses from months to years
  • Why you’re making a lot less than you think
  • How the finance industry is incentivized to keep you in the dark
  • How Grant dedicated his life to becoming financially independent by reading over 400 money and investing books
  • How chasing money can cause you to miss out on life and stop growing
  • The inaccuracy of projections on what you need to retire
  • Why you should revisit your retirement once a year
  • Taking compounding interest to the extreme
  • Grant’s advice to the guy who is stuck in the paycheck-to-paycheck loop
  • How to diversify your skill set to optimize your income at your full-time job
  • What house hacking is
  • Are homes good debt?
  • The benefits of investing in real estate instead of stocks
  • How to make your first home the best investment of your life
  • How families can reduce food costs
  • How to have conversations with your spouse about money
  • Practicing money mindfulness
  • Spending in alignment with your values
  • Why you should give yourself a 30-90 waiting period before making a large purchase
'Don’t wait 40 years to live your life. Live that life today.'— @Sabatier @millennialmoney #money #financialfreedom #investment #earlyretirement Click To Tweet

 

MENTIONED EPISODES:

How to Optimize the 5 Dimensions of Manhood

The Easy and Effective Way to Budget for Your Goals with Jesse Mecham

How to Quit Your Job in 12 Months with Ryan Enk


Like the show? Leave an iTunes review.

If you’re enjoying the show, we encourage you to leave an itunes review.
We read reviews on the show every week. The next one might be yours!
Thanks for the support.

CLICK HERE.


Grant Sabatier’s Links

millennialmoney.com

Amazon

Resources

Fill out an application for The Dad Edge Alliance

==>NEW!!<== Grab a copy of The Dad’s Edge AUDIOBOOK on iTunes or Audible

GRAB A COPY OF THE DAD’S EDGEHERE

Join our Dad Edge Group on Facebook Request Entry Here

We have new Dad Edge T-Shirts!  Grab one HERE

Download a free chapter from: THE DAD’S EDGE on UNLIMITED PATIENCE HERE

Check out this free resource on: CONNECTION WITH YOUR SPOUSE

Download this free resource on:  CONNECTION WITH YOUR KIDS

Links


Hungry for more out of life?

Become a member of The Dad Edge Alliance

APPLY HERE!

the dad edge alliance


Learn More About Our Live Event!

June 5th – 8th 2019

CLICK HERE.


What did you think of the show?

What was your biggest take away?

Tag us when you share on social media!

#TheDadEdge

Twitter @gooddadprojct

Instagram @thedadedge