- Jonathan gives an update on his vegan experiment.
- Adopting a meatless diet was relatively easy, but going all-in vegan is more challenging.
- Dr. Dahle, from Monday’s episode, pioneered DIY personal finance.
- No one has a more personal interest in your personal finance than you do.
- What makes Dr. Dahle’s ‘investing policy’ so valuable?
- Larry Hagner, founder of The Good Dad Project, comes on the show and talks about how and why he started the project.
- The biggest lessons Larry’s learned along the way:
- Don’t come home with a wallet full of money and a house full of strangers.
- Constantly date your wife.
- Isolation is the enemy of excellence.
- It’s easy to share life’s wins, but when things are difficult, it’s easiest to withdraw from community.
- After Brad was a guest on Larry’s podcast, he’s made some significant changes to his financial mindset.
- Early in his marriage Larry managed their finances, paying off $80k of debt, but doing it in a somewhat reckless manner.
- Managing finances together with his wife, as a team, is crucial to Larry.
- Did Brad or Jonathan have any financial education growing up?
- Larry has started putting money into an account that he can use to pay off their mortgage in 7 years or less.
- He and his wife are buying a rental property to assist with paying off his mortgage.
- Automating payments/withdrawals will dramatically increase the chances that you will follow through on your investment plans.
- What does it actually take to feed four hungry boys?
- Larry and his wife are trying out strategies for where to shop, and how to shop for food.
- Larry talks through the logic behind the way he budgets for all the ‘unexpected’ or inconsistent expenses that come with life.
- Larry is experimenting with allowance for his boys:
- A higher allowance for his older boys = they’re responsible for haircuts, purchasing clothes, putting money in savings and giving 10% for charity.
