Speaker 1: Welcome to How to Money. I'm Joel and I am Matt,
Speaker 1: and today we're hosting an AMA so you can better
Speaker 1: know your podcast hosts.
Speaker 2: That's right, buddy, This is a This is like a
Speaker 2: How to Money unplugged. Although by the way, my voice,
Speaker 2: I feel like, does my voice sound horse to you?
Speaker 2: This is a little battling, a little a little bit
Speaker 2: of a cold here. But this is like a more
Speaker 2: casual episode and instead of diving into financial tips, different stories,
Speaker 2: different guests that we thought would be interesting for the podcast,
Speaker 2: we are hosting an AMA and ask Me Anything for
Speaker 2: those who like to spend time over on Reddit and Joel,
Speaker 2: you posted in the Facebook group asking for just basically
Speaker 2: if you had a question for us Matt and Joel
Speaker 2: about anything non money related. Yeah, those are the questions
Speaker 2: that we wanted to hear from.
Speaker 1: You well, and specifically when we say non money related,
Speaker 1: we didn't want it to be like an ask htm
Speaker 1: episode right where you're asking money questions that you have.
Speaker 1: But some people did ask about our financials. They asked
Speaker 1: about how our podcast makes money. We're going to get
Speaker 1: to those questions during this episode. So there is there's
Speaker 1: a little.
Speaker 2: Bit of money and that's just like one question. The
Speaker 2: rest of them are very very personal, honestly, and so
Speaker 2: we don't know about your lower back tattoo. Matt Joel
Speaker 2: actually does have a tramp stamp, and we'll get to
Speaker 2: that right after we introduce our beer. And actually we
Speaker 2: wanted to should we did you want to explain the
Speaker 2: Better Know Your podcast hosts? Oh, so it's like a
Speaker 2: throwback to the Colbert Report, that's right.
Speaker 1: Yeah. So one of the things out there best segments
Speaker 1: in TV history was when Stephen Colbert, who was at
Speaker 1: that point not nearly as well known, and he would
Speaker 1: sit down with a congress person from a small district
Speaker 1: in a random standum state, and so it was called
Speaker 1: Better Know a District, And so he would interview a
Speaker 1: congress person and ask him off the wall questions and
Speaker 1: it was just like TV gold and so good. The
Speaker 1: Colbert Reports a good segment was one of the best
Speaker 1: shows on TV at that point in time. Oh easily
Speaker 1: went back to back between The Daily Show and The
Speaker 1: Colbert Report. Was like, that was an hour worth of
Speaker 1: just utter beautiful political insanity.
Speaker 2: But which Kate and I attended a taping of. I
Speaker 2: don't know if we've ever talked about that. I think
Speaker 2: we talkedah okay, yeah we got they were free back
Speaker 2: in the day.
Speaker 1: That was right before he stopped doing it, right right
Speaker 1: before he took it.
Speaker 2: Yeah, it was the last year, last season, and we
Speaker 2: lucked out and got tickets to one of the tapings.
Speaker 1: Yeah, so it's a fun time in the same way,
Speaker 1: you can feel free to humiliate us with your questions
Speaker 1: and maybe I'll do another one of these in the future.
Speaker 1: But we were like, listen, like we've done matt our
Speaker 1: personal stories, you and I where we kind of interviewed
Speaker 1: each other, but it was.
Speaker 2: More of like the our personal finance background essessily and
Speaker 2: pause of like our history of money, how we approached money,
Speaker 2: how we got.
Speaker 1: To where we are today. If you want to know
Speaker 1: more of those backgrounds, we'll link to both of those
Speaker 1: episodes in the show. Yes, but this is really just
Speaker 1: a way for you to ask your questions. Like if
Speaker 1: you've listened for two months or for two years, you
Speaker 1: probably have some questions about but who we are, what
Speaker 1: we like, like what we do, and so we just
Speaker 1: thought to be fun to take some of those on today's.
Speaker 2: Episode's right, But first let's introduce our beer which is
Speaker 2: Double Top, which is a double IPA by Academia Brewing Company.
Speaker 2: Looking forward to enjoying this one with you today, buddy,
Speaker 2: and we will share our thoughts at the end of
Speaker 2: the episode for sure.
Speaker 1: Yeah, this one was a collab with one of our
Speaker 1: local bottle shops, which is the best bottle shop in
Speaker 1: the area. We'll give our thoughts on this beer at
Speaker 1: the end of the episode. But let's get to it, Matt.
Speaker 1: Let's do the ama and give you guys a chance
Speaker 1: to know us a little bit better. There were some
Speaker 1: great questions posed in our Facebook group. By the way,
Speaker 1: if you are not a member of the how to
Speaker 1: Money Facebook group, go to Facebook dot com. If you're
Speaker 1: you know, If you're so inclined, join the head of
Speaker 1: Money Facebook group. We'd love to have you. It's a
Speaker 1: bunch of awesome people asking each other money questions, giving
Speaker 1: each other helpful financial.
Speaker 2: Advice, encouraging each other.
Speaker 1: It's the hive mind at work and the people are
Speaker 1: sweet in there, which is nice because that's a rarity
Speaker 1: when it comes to online engagement. But let's get to
Speaker 1: our first question, Matt, that someone in the Facebook group
Speaker 1: post this one was from Susan and it says, how
Speaker 1: did you guys first meet each other. Alex also chimed
Speaker 1: in he wanted a friendship history, so you want to
Speaker 1: start on that one?
Speaker 2: You made me kick it off. Yeah, so I would
Speaker 2: say basically, it was a game night. So we've got
Speaker 2: some mutual friends, and they invited Kate and I as
Speaker 2: well as you and Emily and maybe like another couple
Speaker 2: or two over. I cannot remember, but I know that
Speaker 2: y'all were there. I know that we were there. I'm
Speaker 2: pretty sure we played Settlers of Catan. I'm pretty sure
Speaker 2: I probably won, unlikely, and so honestly, I'm surprised we
Speaker 2: are actually friend because I know you hate getting beat
Speaker 2: I am competitive. But that was that was when we
Speaker 2: first met, and pretty much we've been friends ever since then. Yeah,
Speaker 2: but yeah, that's actually okay, So I take it back.
Speaker 2: That's the first time we met you two as a couple.
Speaker 2: I had met Emily. Kate and I had met Emily
Speaker 2: before previously. We talked about Monday Night Brewly they make
Speaker 2: Atlanta's best beer, but back in the day they used
Speaker 2: to brew in one of the founder's garage, Jeff's garage,
Speaker 2: and I remember meeting Emily way way back in the day.
Speaker 2: This is before you two started dating.
Speaker 1: Actually, yeah, that's a good point. So, yeah, you guys
Speaker 1: have known each other longer.
Speaker 2: I'm slightly longer than a little bit longer than.
Speaker 1: But yeah, we've been friends for now something close to
Speaker 1: thirteen years. I guess that's got to be something a
Speaker 1: long time close to that. Yes, I think it was
Speaker 1: the beginning of twenty eleven. Yeah, so yeah, and it's
Speaker 1: one of those things where Matt and I we just
Speaker 1: kind of very different personalities in a lot of ways,
Speaker 1: but we have a lot of things in common. We
Speaker 1: care about a lot of the same things. We also
Speaker 1: went to the same church for a long time, so
Speaker 1: that's part of it. We're actually we've got a couple
Speaker 1: of faith based questions that we'll get to in a
Speaker 1: little bit too. Yeah.
Speaker 2: Well, okay, so kind of related to how we met
Speaker 2: each other. Megan asked, how did you meet your wives?
Speaker 2: And I already explained how I met your wife, Joel,
Speaker 2: how did you meet your wife?
Speaker 1: Yeah, so interestingly enough at church, and so her other
Speaker 1: question was, I'm curious if you guys are religious at all,
Speaker 1: And yes, my wife and I we met it well,
Speaker 1: actually the first time I ever met her was at
Speaker 1: a friend's wedding and I remember seeing her on the
Speaker 1: dance floor and she has dance moves like no other,
Speaker 1: and so I was like, who is this girl with
Speaker 1: those phenomenal dance moves? And it turns out she was
Speaker 1: dating someone else at the time, and so I had
Speaker 1: to kind of like I asked around behind the scenes,
Speaker 1: got the low, and finally she broke up with that loser,
Speaker 1: and I immediately asked her on a date and it
Speaker 1: didn't take well. Actually, the first three dates did not
Speaker 1: go so well, and we just didn't connect at all,
Speaker 1: and I was like, I'm just not going to ask
Speaker 1: her out again. I don't know. She felt very guarded
Speaker 1: and so we didn't really hit it off immediately. But
Speaker 1: then we kind of started to hang out as friends
Speaker 1: more and more and we realized that we liked each other,
Speaker 1: started dating again. Didn't have to date very long before
Speaker 1: we knew, hey, you're the one for me.
Speaker 2: Before we pop the big question, you are engaged. And
Speaker 2: so this is when y'all are both in your mid twenties,
Speaker 2: you are kind of like young professionals.
Speaker 1: That's right. Twenty five.
Speaker 2: Kate and I we met when we were in college,
Speaker 2: and so she was a freshman.
Speaker 1: I was more of a young unprofessional. By the way,
Speaker 1: you still got to wear your jeans and T shirts.
Speaker 1: That's right.
Speaker 2: Kate was a freshman. I was a senior the year
Speaker 2: that we met, and so it didn't make a whole
Speaker 2: lot of sense for us to start dating. But we
Speaker 2: had a lot of mutual friends. Is it because of
Speaker 2: that we started hanging out some and then started hanging
Speaker 2: out more one on one started dating that last semester
Speaker 2: before I got graduated. So it was one of the
Speaker 2: didn't really make sense, But you know, jel love, it
Speaker 2: doesn't really make a whole lot of sense sometimes, does
Speaker 2: it true? But yeah, that is how philosopher Buney and well, yeah,
Speaker 2: and Megan the second part of our question. I've always
Speaker 2: been curious if you guys are religious at all.
Speaker 1: Yeah. Carol had a question too that followed up on that. Basically, yeah,
Speaker 1: the Ancient Money Wisdom episode. She said, I'd like to
Speaker 1: hear more about how faith factors into your money decisions,
Speaker 1: is at all?
Speaker 2: Those are kind of connected connected questions there. But yeah,
Speaker 2: so I was raised Catholic, I grew up Catholic, and
Speaker 2: then over time found myself in other branches of Christianity,
Speaker 2: But does that factor into any of our money decisions?
Speaker 2: And I would say absolutely. It's hard to tell which aspects,
Speaker 2: which parts of faith directly influence money decisions. We recently
Speaker 2: had an episode about being charitable, about giving your money away.
Speaker 2: That is a way in which it directly impacts how
Speaker 2: it is that we handle our money. So in the Bible,
Speaker 2: there's the tithe which is giving away ten percent of
Speaker 2: your income.
Speaker 1: And that's kind of the Old Testmun print. And then
Speaker 1: the principle in the New Testament that Jesus espouses is
Speaker 1: to sacrificially give your money away, which I think is
Speaker 1: kind of like even in.
Speaker 2: A higher standard exactly, Yeah, And so I mean that's
Speaker 2: one of, like one of the direct ways. But ultimately,
Speaker 2: like I feel like one of the core tenets of
Speaker 2: Christianity is just about it's about loving other people, right,
Speaker 2: like loving your neighbor, loving your enemies. And so when
Speaker 2: it comes to just how it is that our family
Speaker 2: handles our money and just kind of what it is
Speaker 2: that we do here on the show, Joel, I think
Speaker 2: basically maybe an oversimplified filter is does this action does
Speaker 2: it demonstrate love to other people to our listeners, and
Speaker 2: I think by running almost every decision that we make
Speaker 2: sort of through that filter. In granted, it's not like
Speaker 2: we're sitting sitting down and like literally asking that question
Speaker 2: every time we have to make a decision, but that
Speaker 2: kind of it tints every decision that we make. It's
Speaker 2: sort of like this underlying current that helps to guide
Speaker 2: us when it comes to whether just different advertising opportunities
Speaker 2: that we're faced with, or just the kind of content
Speaker 2: and how it is that we want to approach topics.
Speaker 1: It's I think to one of things. We don't really
Speaker 1: explicitly talk about our faith on the show a whole lot,
Speaker 1: and we've had listener emails from time to time to
Speaker 1: like you said this on the show that sounds like
Speaker 1: somebody who might like go to church or have a
Speaker 1: specific kind of faith and they want to ask more questions.
Speaker 1: We're more than happy to discuss it. But it's one
Speaker 1: of those things where there are people who are really
Speaker 1: outspoken about their faith who oftentimes do more harm than good. Yeah,
Speaker 1: I think, And so it's not that we want to
Speaker 1: hide what we believe, but it's the reality is we've
Speaker 1: seen people use their faith sometimes as a cudgel when
Speaker 1: they're in places of prominence, and so we want to
Speaker 1: be careful how we talk about our faith, and so
Speaker 1: we'd rather live it out more than yell it out.
Speaker 1: But yeah, we appreciate those questions, and so, yes, faith
Speaker 1: plays an important fact factor in our lives. Carol also said,
Speaker 1: you have rules or guidelines forgiving that help you overcome
Speaker 1: your natural frugality, which I think is honestly is like
Speaker 1: one of the toughest things I've had to wrestle with
Speaker 1: because I'm naturally frugal, and so giving money away feels
Speaker 1: painful in a lot of ways. And we reference the
Speaker 1: episode we just did Matt about giving money away, and yeah,
Speaker 1: so I think that is an important part of it
Speaker 1: for me, is to like a counterbalance. Yeah, and it
Speaker 1: helps me reframe what's true and remember what's true the
Speaker 1: fact that I'm not promised tomorrow and that my money
Speaker 1: isn't what's going to save me, and so giving it
Speaker 1: away is part of something deeper and more important and
Speaker 1: more fundamental than probably even we even talked about in
Speaker 1: that episode. Totally.
Speaker 2: All right, let's keep moving, Derek said at this point,
Speaker 2: why haven't your families gone the commune route. It seems
Speaker 2: like it could be the most frugal option. What do
Speaker 2: you think about that, Joel. We talked about it, we
Speaker 2: really did, because when we.
Speaker 1: Talked about moving part we talked that's closer to the
Speaker 1: truth than you realize. We talked about moving south of
Speaker 1: town as opposed to north of town. And there was
Speaker 1: like this property with like a creek running through it
Speaker 1: in this giant house, where like, what if we all
Speaker 1: hold up in this one house, is there enough space
Speaker 1: for us? Or we could build We even talked about
Speaker 1: like building two places side by side sort of thing.
Speaker 2: There's this lot that we looked at and it would
Speaker 2: have been a lot that you could It was a
Speaker 2: pretty big lot, and the idea was to potentially purchase
Speaker 2: this home, demolish it up, divide the lot, and then
Speaker 2: create two.
Speaker 1: Houses on this side by side. So if you didn't
Speaker 1: think we were weird already for having moved our whole
Speaker 1: families together, we're.
Speaker 2: Literally considering going this route. But I mean, honestly, I'm
Speaker 2: glad we didn't, though.
Speaker 1: Because some space is good, I think, especially for your
Speaker 1: family compared to like our family. We're more social beings
Speaker 1: and you, guys, you love your neighbors. You guys love
Speaker 1: your people too, but I think we might be if
Speaker 1: we were your next door neighbors, it might be a
Speaker 1: little intense for you guys.
Speaker 2: Yeah, we'd have to have like visiting hours, like before
Speaker 2: this time, and after this time, you are not allowed
Speaker 2: over here. Nobody, nobody is allowed over You'd have to
Speaker 2: build a teller fence to keep me out. Probably, Oh,
Speaker 2: Sheila wants. She's been a listener for a long time,
Speaker 2: and she and I actually go back to college. So
Speaker 2: she listened to She said, tell them about your hitchhiking adventures.
Speaker 2: So yeah, I don't mind doing that. Back in two
Speaker 2: thousand and six, I guess I had had my first
Speaker 2: job in radio and it didn't pay much and it
Speaker 2: was morning so not.
Speaker 1: Just morning radio, but like early early morning, early early,
Speaker 1: so I had to wake up by like three at
Speaker 1: the show I think was on from five to eight,
Speaker 1: and it was just like a punishing job. So I
Speaker 1: did it for like six months. It was an amazing
Speaker 1: learning experience. I'm so glad I did it. But then
Speaker 1: I quit the moment I could because it was just
Speaker 1: not ideal for me to wake up at that time,
Speaker 1: and I want to do something else, but I quit. Actually,
Speaker 1: I'd saved up enough money, even on this meager salary,
Speaker 1: to go on a road trip around the country with
Speaker 1: one of my best buds at the time. And yeah,
Speaker 1: three months in an old beat up Hondai court station wagon,
Speaker 1: got to visit most of the United States, see some
Speaker 1: amazing spots. So those were my vagabonding months. And that's
Speaker 1: one of those things too, when you talk about like
Speaker 1: compounding rates of return, Matt and investing young, that's kind
Speaker 1: of one of those things that a traditional financial expert
Speaker 1: would tell you, no, no, no, don't don't do that. Those
Speaker 1: months are so important when you're young, but so are
Speaker 1: the memories, and so we're like taking time away, and
Speaker 1: I saved up enough to make it happen, and I'm
Speaker 1: so glad. I still look back at those months with fondness,
Speaker 1: the people I met, the things I got to see,
Speaker 1: just kind of the learning experience that it was.
Speaker 2: Jason, he's asking if we keep a spreadsheet of all
Speaker 2: the craft beers that we've had on the show, and Jason,
Speaker 2: unfortunately we don't have a spreadsheet, which sounds counter to
Speaker 2: how I like to approach life. But I do have
Speaker 2: a folder It's a beer folder inside the how to
Speaker 2: Money folder on my desktop on the computer, and so
Speaker 2: I'm able to quickly go in there when it comes
Speaker 2: to specifically when we're like, oh, have we had this
Speaker 2: beer on the show before? And then I can quickly
Speaker 2: jog my memory and oh, yeah, no, we've already had
Speaker 2: that one, or we haven't had one like that yet.
Speaker 1: And if you're wondering what we've had on the show before,
Speaker 1: what kinds of beers specific ones, you just follow us
Speaker 1: on Instagram and you can scroll back through there pretty
Speaker 1: quickly and you can be like, oh, you can get
Speaker 1: a sense of which beers we've.
Speaker 2: Had trying to post pictures of yeah, of all the
Speaker 2: beers that we have. But ideally, man, we would have
Speaker 2: a single pager on the website that had every single
Speaker 2: beer listed out and then maybe one of these days
Speaker 2: I think, I feel like that's something that we can
Speaker 2: hire out for someone to do, like on fiver or something. Yeah,
Speaker 2: but then you click the beer and then it links
Speaker 2: to the episode where we had that beer.
Speaker 1: That'd be cool. But I mean at this point, we've
Speaker 1: had like almost four hundred four hundred something.
Speaker 2: Yeah, I've had more episodes than beers because we don't
Speaker 2: have beers on Friday flights, and so that's why the
Speaker 2: numbers don't line up exactly. Actually, related Lydia, she asked
Speaker 2: if we've tried hop water before, you know what that is, or,
Speaker 2: she says, if not, would you would you try hopwater?
Speaker 1: Djoel, I don't know. I guess I'm not really sure
Speaker 1: what it is either. I think Laga need Us at
Speaker 1: one point came out with some sort of like infused
Speaker 1: hop water. But I'd give it a shot. But it's
Speaker 1: probably not something I either want to drink water or
Speaker 1: I want to drink beer. I don't necessarily want the
Speaker 1: blend to the both, but maybe it's awesome. I'd give
Speaker 1: it a shot. If someone gives me one, I'll try.
Speaker 1: Josh wants to know how either of you tried homebrewing,
Speaker 1: and if so, how is the experience. I'll start. No,
Speaker 1: I have not tried homebrewing. People ask me that all
Speaker 1: the time as a craft beer lover, but one at
Speaker 1: the time it takes to get up to speed to
Speaker 1: become a decent homebrewer. It seems like it would take
Speaker 1: a while and a lot of wasted, crappy beer that
Speaker 1: I have to drink in order to get there, and
Speaker 1: there's people doing it on such an amazing level, Like
Speaker 1: there's no way it's even possible for me. I mean,
Speaker 1: I don't want to say nothing's possible. It's not impossible,
Speaker 1: it's not possible, but it How long would it takes
Speaker 1: me to be able to brew a beer as good
Speaker 1: as other halfs IPAs or as good as a barrel
Speaker 1: age sour from Casey Brewing blending and brewing, or like,
Speaker 1: it's just it would take me so long to get
Speaker 1: anywhere near that vicinity. I'm just gonna drink the good
Speaker 1: stuff that other people make.
Speaker 2: That's true, but there is some I mean there's a
Speaker 2: frugal side of it as well, right, because imagine once
Speaker 2: you did dial in, like right now we're drinking the
Speaker 2: double ipa. What if you were able to dial in
Speaker 2: a killer hazy double ipa. It's one that you're able
Speaker 2: to keep on draft at your house and anytime friends
Speaker 2: came over, you would you had the honor, the joy
Speaker 2: to be able to pour them your very own double ipa.
Speaker 1: Yeah how awesome with that? No, that sounds yeah, that
Speaker 1: sounds like really fun to be able to do that.
Speaker 1: We we did talk with a brewery at one point
Speaker 1: about doing a collab beer, which would be really fun.
Speaker 1: I remember that. Well, so it's one of our favorites
Speaker 1: and it'd be really cool to get to go down
Speaker 1: there and brew a beer with them one day. Oh okay, yeah,
Speaker 1: number yeah, So we'll see. I don't know, maybe that
Speaker 1: will happen at something that would be awesome, That would
Speaker 1: be cool.
Speaker 2: Yeah, I've I've tried it. I did it once early
Speaker 2: on in my craft beer career, and so because it
Speaker 2: was early on, I'm guessing I probably remember it being
Speaker 2: better than it actually was. But it was a Russian
Speaker 2: Imperial stout and we brewed it, me and my roommate
Speaker 2: at the time. We brewed it with another friend of
Speaker 2: ours who was a pretty serious home brewer. But I
Speaker 2: remember it being being solid. I even gave a couple
Speaker 2: bottles to my father in law because I thought he
Speaker 2: liked beer. I mean, he does like beer. But the
Speaker 2: Macro produced laggers.
Speaker 1: That first, the hot water, which is basically what bud
Speaker 1: light is, right exactly. Yeah, and so that was Josh.
Speaker 1: Lauren asked, do you have any other craft beer equivalents
Speaker 1: besides beer, Joel, Yeah, we both do and So that's
Speaker 1: one of those things where, yeah, we say a few
Speaker 1: craft beer equivalents, right, so that you prioritize not just
Speaker 1: one thing, but typically for the average person's gonna be
Speaker 1: something like three, three or four things. So my other
Speaker 1: craft beer equivalents, well, the thing is they change too.
Speaker 1: So I would have said international travel it varies, was
Speaker 1: one of those things ten years ago, pretty kids, it
Speaker 1: was something we did at least once a year. We
Speaker 1: got to see some really great spots. Actually have a
Speaker 1: question about that later, But now that's kind of changed.
Speaker 1: We've actually our craft beer equivalent now is local places
Speaker 1: to eat is one of those things. We spend more
Speaker 1: money eating out than we do on travel these days.
Speaker 1: It's just kind of gone up in our book. And
Speaker 1: hopefully that will change as we get older and we'll
Speaker 1: go back. We'll revert back to more travel on once
Speaker 1: our kids get get bigger. But one other thing I've
Speaker 1: always talked about on the show is full heart. We
Speaker 1: buy weird art, and that's something my wife and I
Speaker 1: are into at least one piece a year. The weirder
Speaker 1: the better, the weirder the better. Joel always said, I know,
Speaker 1: I like the funky stuff, and we actually just went
Speaker 1: to a full Heart festival not too long ago about
Speaker 1: like four awesome pieces. But the cool thing was none
Speaker 1: of those pieces were more than fifty bucks. So even so,
Speaker 1: but we're willing to spend hundreds and hundred dollars on
Speaker 1: a great piece of art once a year if we
Speaker 1: find the right thing.
Speaker 2: Yeah, like you said, craft beer equivalents, I think they
Speaker 2: do evolve in morph and change over time. And so
Speaker 2: right now I would say my craft beer equivalent is
Speaker 2: most definitely paying for my CrossFit membership, because it ain't cheap.
Speaker 2: Anybody who has not only joined a gym, but specifically
Speaker 2: joined a CrossFit gym knows that they can be quite
Speaker 2: expensive because you're not just paying for access to a
Speaker 2: bunch of weights that are sitting there, or like a
Speaker 2: rolling machine that kind of thing. You're you're paying for
Speaker 2: the jobs of a bunch of different trainers who are
Speaker 2: there guiding you through the movements and teaching you. And
Speaker 2: so for me, right now, that's most definitely my splurge.
Speaker 1: It.
Speaker 2: Yeah, it's CrossFit and actually a little money tip a
Speaker 2: listener I cannot remember her name, but she emailed in
Speaker 2: and shared after that episode, you know, we did the
Speaker 2: you know, going full CrossFit on your finances a few
Speaker 2: weeks ago, but she emailed about this this service called
Speaker 2: street Parking, which is something it was something like twenty
Speaker 2: bucks a month and it gives you access to programming.
Speaker 2: So obviously you need to have some sort of foundation
Speaker 2: under your belt before you kind of dive into diying
Speaker 2: it at home. But this is totally an option that
Speaker 2: I think for a lot of folks who are looking
Speaker 2: to maintain that habit but who are also looking to
Speaker 2: not pay out the nose for the expensive CrossFit membership.
Speaker 2: That's definitely worth checking out. Again, it is called street Parking.
Speaker 1: Yeah, we'll link to that in the show notes as well,
Speaker 1: just so you can you can check that out if
Speaker 1: you're interested. Yeah, but Matt and Matt, you would say
Speaker 1: that you don't necessarily you don't have to have CrossFit,
Speaker 1: but for you, especially as you're learning, it's it's really
Speaker 1: good and for you the coaching part is really awesome. Yeah.
Speaker 2: So, and you might not do it. It provides that in perpetuity.
Speaker 2: Oh yeah, well, and that's I thought. What you're gonna
Speaker 2: say is that I may not do it except for
Speaker 2: the fact that I do have coaches, not yelling at me,
Speaker 2: but just the accountability that comes with being there. At
Speaker 2: the certain classes, folks come to expect that you're gonna
Speaker 2: be there. There's a certain level of accountability. So I
Speaker 2: guarantee I've done it more than I would have if
Speaker 2: it was just left to me at home by myself.
Speaker 2: But again, over time, if that's a discipline I can develop,
Speaker 2: and once I learned some of those basic movements, then
Speaker 2: I could well. I mean, I am all about diying
Speaker 2: stuff and saving money and you know, doing stuff at home.
Speaker 2: Thus the craft beer homebrewing conversation we just hadjole, But
Speaker 2: in this case, I'm just not quite there yet.
Speaker 1: Cool cool, all right, Well maybe one of these days,
Speaker 1: but for now, Yeah, you don't mind spending the money.
Speaker 1: It's one of those craft beer clements. When you name
Speaker 1: it like that, totally my splurge, you know, it becomes
Speaker 1: a lot less. It's difficult to funnel money in that
Speaker 1: direction when you've kind of named it as such.
Speaker 2: Well, yeah, I mean that's the tough thing about it, though,
Speaker 2: is because it's typically at the beginning of the year.
Speaker 2: At the end of every calendar year, we sit down
Speaker 2: and we look ahead and we forecast and we dream
Speaker 2: and we decide sort of preemptively what we're going to
Speaker 2: spend our money on, and this was one that basically
Speaker 2: showed up in the middle of the year. And so
Speaker 2: because of that, I think there is sort of this
Speaker 2: sense of guilt. But I know next year it'll be
Speaker 2: a lot easier because it's something that we've already spent
Speaker 2: money on, and so I will then be able to say, no,
Speaker 2: this is something that is important, whereas this year it
Speaker 2: kind of felt like it kind of found its way
Speaker 2: onto the budget without as much planning.
Speaker 1: Yeah, but it makes sense, all right. So Lindsay wants
Speaker 1: to know when did each of you become interested in
Speaker 1: money and financial literacy.
Speaker 2: Well, for me, I'll say that necessity is the mother
Speaker 2: of all invention. I became interested in personal finances when
Speaker 2: I realized they didn't have any money. Like I had
Speaker 2: taken my first job out of college and I was realizing, Man,
Speaker 2: my paycheck is not going nearly as far as I
Speaker 2: thought it would. And so that's when I learned about budgeting.
Speaker 2: That's when I created my budgets at that point in time.
Speaker 2: It's also when I discovered Dave Ramsey. Though at that
Speaker 2: point I didn't have any debt, but I still realized
Speaker 2: the importance of budgeting specifically, and so yeah, that started
Speaker 2: the process of me thinking about money talking about it.
Speaker 2: Kate and I were engaged at that point in time
Speaker 2: as well, and so it was a discussion that her
Speaker 2: and I were having as well. So it wasn't just
Speaker 2: something I was doing, but it's something that we were
Speaker 2: talking about, which made it more comfortable. I think for
Speaker 2: me to then talk about personal finances with other people,
Speaker 2: I think that may have led to me feeling comfortable
Speaker 2: with talking about money with you, Joel, which maybe ultimately
Speaker 2: helped lead us to the podcast as well.
Speaker 1: The fact that was a.
Speaker 2: Part of our friendship early on. Was just talking about
Speaker 2: money for sure.
Speaker 1: Yeah, and for me, you can hear the full, the
Speaker 1: longer version of the story in that that podcast episode
Speaker 1: where Matt interviewed me about my money story. But childhood,
Speaker 1: it was my parents not being great with money. It
Speaker 1: was about the troubles of that caused the fights, and
Speaker 1: so I tell kind of like the long form story
Speaker 1: in that one. But then and then getting to work
Speaker 1: for a radio show that was for fifteen years, it
Speaker 1: was all about personal finance, which you are tsumer advocacy. Yeah,
Speaker 1: and that combined with my past, like with with what
Speaker 1: I'd experienced in childhood, just to lit this flame in
Speaker 1: me for a care to do well with my own
Speaker 1: money and then to help other people do the sense
Speaker 1: of the perfect recipe for you.
Speaker 2: Last question here before the break, Kevin asked, if you
Speaker 2: weren't financial gurus, which I'll put an asterisk next to that.
Speaker 1: Right there, what financial idiots? Yeah?
Speaker 2: What career do you think you would have gone for?
Speaker 1: Joel? All right, So I've always loved broadcasting. I got
Speaker 1: into radio because I thought it was the coolest medium
Speaker 1: to reach people. Long form audio to me is really
Speaker 1: the most effective way to get something across. And I
Speaker 1: love the relationship you can build with a listener just
Speaker 1: by being in their ears for forty five minutes, three
Speaker 1: days a week. And so, but for me, it would
Speaker 1: have been being the Braves announcer probably, like that's what
Speaker 1: I wanted to do. I took the dream job. Yeah,
Speaker 1: I took a sports broadcasting class in college. Do it?
Speaker 1: I mean, it's possible, It is possible. I guess what
Speaker 1: I mean. I don't know.
Speaker 2: Maybe it's easier for me to think this way because
Speaker 2: for you, I like it feels like a continuation of
Speaker 2: your previous career, But for me, being a photographer, this
Speaker 2: has been a completely massive pivot in my life, and
Speaker 2: so it's not very difficult for me to imagine the
Speaker 2: different future, I guess, other than talking about money with
Speaker 2: you while drinking beer here on the show, but generally speaking,
Speaker 2: I found that one of the most rewarding aspects of
Speaker 2: what we do here on How to Money is seeing
Speaker 2: the positive impact on individuals' lives. The fact that we've
Speaker 2: been able to encourage and provide the information for folks
Speaker 2: to completely change their life, to change the trajectory of
Speaker 2: their life, has been incredibly rewarding, and so I guess
Speaker 2: kind of going along that path like finding some way
Speaker 2: to like this is going to sound super woo woo,
Speaker 2: but like life coaching or like some sort of like
Speaker 2: general wellness. Money is one aspect of living a full, complete,
Speaker 2: happy life, but there are other aspects as well, like
Speaker 2: physical fitness. I mean again, that's something that you and
Speaker 2: I have kind of thought more about recently, but like
Speaker 2: social wellness, spiritual health, men like, there are all these
Speaker 2: aspects of personal health that I think oftentimes get overlooked
Speaker 2: and folks don't give all these other aspects the time
Speaker 2: that they should in order to find the balance that
Speaker 2: they need in their own lives.
Speaker 1: Some people just don't have the time, or they feel
Speaker 1: like they're crunched and get that, or.
Speaker 2: They don't feel that they have the time when instead
Speaker 2: it's like, well, maybe if you weren't watching Netflix or
Speaker 2: watching whatever, like whatever it is that they're doing. I
Speaker 2: think if it's a long time, yes, I think we do.
Speaker 2: And I think oftentimes we're so focused on our careers
Speaker 2: or whatever specialty that we give all of our attention
Speaker 2: to that we don't give time for these things that
Speaker 2: would allow us to become like more generalists basically as
Speaker 2: opposed to specialists. And I think we might need more
Speaker 2: generalists in our world, or at least more of a
Speaker 2: generalist approach when it comes to living a balanced life.
Speaker 1: All Right, I got it. I like that. I like that.
Speaker 1: All right, So we thank you for all those questions.
Speaker 1: We got a bunch more we want to get to,
Speaker 1: just so many good ones that people sent in, So yeah,
Speaker 1: we'll get to our thoughts on a bunch more of
Speaker 1: your questions. We'll get to those right after this.
Speaker 2: Oh right, we're back to the break. Joel just hit
Speaker 2: the ground running Nate. He is asking how many bikes
Speaker 2: do you individually have and what's the best one or ones.
Speaker 1: That you like? Okay, I have two bikes. I don't
Speaker 1: know how we have totally in our garage as a whole.
Speaker 1: Basically everyone in our family has one bike. I have two,
Speaker 1: and that's because I have my road bike and I
Speaker 1: have my ride wagon. My ridwagon is the electric cargo bike,
Speaker 1: and so that helps me sling my kids around town,
Speaker 1: and the road bike helps sling me slinging myself around town.
Speaker 1: And that's all I've really felt like I needed. I've
Speaker 1: kind of considered getting a mountain bike, but haven't pulled
Speaker 1: the trigger yet.
Speaker 2: We've got like around I think around seven bikes likely
Speaker 2: to I feel like our fleet is likely to increase
Speaker 2: over the years, as as the younger ones are riding
Speaker 2: more as well. But I've got to I've got the
Speaker 2: the Salsa, which is my gravel bike, which is the
Speaker 2: bike that I ride to work here in our office
Speaker 2: every single day. And then I've got the Yuba Mundo,
Speaker 2: which is the longtail cargo bike, which honestly I'm not
Speaker 2: riding nearly as much, which is kind of sad to
Speaker 2: think about, but maybe I should consider selling it. But
Speaker 2: your kids are getting older to Yeah, they're getting older
Speaker 2: of it.
Speaker 1: I still take mine to school, you have to. Your
Speaker 1: school's not.
Speaker 2: Close exactly exactly, but it's yeah, definitely worth considering because
Speaker 2: I would love to have a road bike like Hugel,
Speaker 2: like the gravel bike. It's just like a general all
Speaker 2: purpose bike. Awesome for just banging around town getting to
Speaker 2: wherever I need to go. But I would love to
Speaker 2: consider getting like a road bike to be able to
Speaker 2: get on the roads and just the ability to go
Speaker 2: fast to those twenty mile rides. So I'm like, absolutely, man,
Speaker 2: But yeah, I mean, but ultimately, Nate, I would say, like,
Speaker 2: if you're asking this because you are curious in getting
Speaker 2: a bike, I would say, get whatever bike that you're
Speaker 2: going to be able to ride. And I think oftentimes
Speaker 2: utility biking is it's basically underrated, and that is finding
Speaker 2: ways to bike to some of the places that you're
Speaker 2: already going to go in life.
Speaker 1: As those hybrid bikes, by the way, are typically perfect
Speaker 1: for a lot of people. Yeah, they're somewhere in between,
Speaker 1: kind of like a gravel bike and a road bike. Yeah,
Speaker 1: tires are a little bit fatter, so yeah, I think
Speaker 1: that can be a good choice for a lot of folks.
Speaker 2: Yeah, And honestly, just to be honest, like the type
Speaker 2: of bike, like focusing on the gear oftentimes just gets
Speaker 2: over It's overrated. I think the vast majority of the
Speaker 2: kind of biking that folks are looking to do can
Speaker 2: honestly be done on any type of bike. But that
Speaker 2: being said, those are the kind of bikes we have.
Speaker 1: All right, let's get to the easiest question, Matt. This
Speaker 1: one's from James. He says, what are the three most
Speaker 1: important decisions you made in your lifetime? And then he
Speaker 1: says what factor questions? You say, yes, exactly what factors
Speaker 1: went into the outcome of those decisions? And he says, timing, luck, priorities,
Speaker 1: et cetera. So, all right, three most important decisions you made? Money?
Speaker 1: What are they? I thought you're gonna you're gonna go.
Speaker 1: You start, well, I mean I think who who I'm married?
Speaker 2: Huge?
Speaker 1: Huge? Like right, Okay, you I don't know that there's
Speaker 1: any more important decisions I've ever made, Because you're you're
Speaker 1: basically tying your fate in your future to someone, and
Speaker 1: especially when you're when you're young and you get married,
Speaker 1: like you're kind of dumb, you grow a lot, and
Speaker 1: so you're hoping that you grow together in wisdom, in love,
Speaker 1: and so I just feel really fortunate to have been
Speaker 1: married to the right person.
Speaker 2: And just the ability that hopefully your partner can provide you,
Speaker 2: the balance that they can provide you. Well, like I
Speaker 2: would be such a worse human being if I had
Speaker 2: married Kate, and you're already pretty bad, Like could you
Speaker 2: imagine exactly? Like could you imagine? I just can so, I, yeah,
Speaker 2: that was totally my first one as well. I'm curious
Speaker 2: to see if our top three decisions mirror each other.
Speaker 1: Having kids number two, it's been massively formation I left,
Speaker 1: I left the kids, Okay, I think it's been it's
Speaker 1: been huge for me that that just well, it's brought
Speaker 1: a lot of joy to my life having kiddos, and
Speaker 1: it's also made me grow up in a way the
Speaker 1: ways that I otherwise would not have. So I think
Speaker 1: the ways in which, yeah, you talked about your wife
Speaker 1: being formational of mine too, but my kids performed me
Speaker 1: in major ways as well. And then faith faith, But
Speaker 1: I kind of think of faith as like this, uh,
Speaker 1: continual decision that I have to make in a in
Speaker 1: a similar direction what Eugene Peterson, a theologian, calls a
Speaker 1: long obedience in the same direction, I kind of think
Speaker 1: of that my faith as that. So it's hard to
Speaker 1: boil down the three most important decisions of your life
Speaker 1: in like thirty seconds or less. But that's what I
Speaker 1: would tell James.
Speaker 2: Yeah, because would say that both of those last two
Speaker 2: are also very important to me. But I did not
Speaker 2: include kids or faith.
Speaker 3: Like.
Speaker 2: So my second decision I put down was choosing to
Speaker 2: work for myself because the just the entrepreneurship spirit that
Speaker 2: instilled within me. I mean, I know I had a
Speaker 2: degree of that, but just actually doing that and getting
Speaker 2: a taste for that freedom where nobody's necessarily setting my
Speaker 2: schedule for me. It's me, or in this case it
Speaker 2: was Kate and I we were working together. Just the
Speaker 2: ability that we had, the freedom and the flexibility and
Speaker 2: the autonomy that we had during the I mean it
Speaker 2: was a decade plus that we had being able to
Speaker 2: live the life that we wanted to live was incredible.
Speaker 2: And there were times when I considered going back to
Speaker 2: like a more of a corporate nine to five kind
Speaker 2: of job, and every single time we considered it, we
Speaker 2: quickly came to the realization that there's no way that
Speaker 2: we can do this. Like once you have a taste
Speaker 2: of you know what you and I would now call
Speaker 2: call I don't want to say that it's like good life,
Speaker 2: but the entrepreneurship life, well, we basically hard to go
Speaker 2: back become unemployable because we're so addicted to the kind
Speaker 2: of lifestyle where for me being able to do that
Speaker 2: was largely it was largely being in creative control, so
Speaker 2: in control most important, but just not not being subject
Speaker 2: to someone like we want to go in this direction,
Speaker 2: and if I don't think that that's the right direction
Speaker 2: to go in, I don't have any say if I'm
Speaker 2: employed by by someone else, a giant machine, by a
Speaker 2: big cog when.
Speaker 1: Is our thing. It's just like you and I have
Speaker 1: to sign off on it, which yeah, I think is.
Speaker 2: Great, But sometimes we have to flip a flip a
Speaker 2: coin if it's fifty to fifty though, So my last one,
Speaker 2: I'm going to really lay the guilt on you with
Speaker 2: this one, Joel, is.
Speaker 1: You buddy, Joel? So not only just I did it
Speaker 1: crossed my mind.
Speaker 2: I thought about it, not only like obviously we had
Speaker 2: years and years of friendship and just you know, the
Speaker 2: good memories, the awesome years of not only like you
Speaker 2: and me, but Kate and Emily traveling together, camping, holding
Speaker 2: each other's first babies.
Speaker 1: Like the problem is it says decision that you made, and.
Speaker 2: Well, I chose you, choosing to be friends. And so
Speaker 2: there's like this whole personal side of our friendship. But
Speaker 2: then you can also even sort of isolate it to
Speaker 2: financial because even before we started the company, before we
Speaker 2: started how to Money, we were still we were challenging
Speaker 2: each other from a financial standpoint, right, Like we were saying, oh,
Speaker 2: what are you thinking about about doing here? What do
Speaker 2: you think about doing with your tax refund?
Speaker 1: And in some.
Speaker 2: Circles it would be there would be a lot of
Speaker 2: talk about spending that in ways that would basically just
Speaker 2: lead to consumption going.
Speaker 3: To the Bahamas, But we were just talking about ways
Speaker 3: to be smart with that money, remote ways to invest
Speaker 3: that money, and and so there, like I know, before
Speaker 3: we started how to Money, we were I can say
Speaker 3: that I know we were in a better financial spot
Speaker 3: because of our relationship with you and Emily. But then
Speaker 3: you add how to money or originally poor, not poor,
Speaker 3: you add that to the mix, and just the ability
Speaker 3: for that just to add even more fuel to the fire,
Speaker 3: the ability for us obviously to work together and spend
Speaker 3: inordinate incredible amounts of time together. But then also too,
Speaker 3: obviously the business how to money, it's been profitable. It's
Speaker 3: something that we've been able to now do for full
Speaker 3: time for a couple of years.
Speaker 1: It is incredible.
Speaker 2: So when I think about, I guess the most recent years,
Speaker 2: I'm like, man, that was a big stinking deal, big
Speaker 2: carry deal. And then had we not met, like, you know,
Speaker 2: twelve years ago whatever.
Speaker 1: And think about the things that we've done together, just
Speaker 1: little things, but also big things like moving our families
Speaker 1: at the same time. Man. So yeah, and when you
Speaker 1: find I think that's one of the things, dude, it's
Speaker 1: all my fault. No, it's been. It's been a lovely
Speaker 1: thing for I think both of our families. But that's
Speaker 1: one of those things too. I think we we undervalue deep,
Speaker 1: meaningful friendship in our society. And we talked about the
Speaker 1: stats not too long ago, but people have fewer friends
Speaker 1: than they used to have, fewer deep friends that they
Speaker 1: can count on. And so when you have those friends,
Speaker 1: man nurture those friendships because they're going to take you places,
Speaker 1: they're going to encourage you, especially especially all the men
Speaker 1: out there. Yeah, for sure, Yeah enough friends. And James
Speaker 1: mentioned timing, luck and priorities. I don't. Yeah. I think
Speaker 1: there's that question at the end of every It depends
Speaker 1: on how I built this about whether it was luck
Speaker 1: or skill, right, And I think that's a really hard
Speaker 1: question to answer. I think there's both, right, there's a
Speaker 1: lot of intentionality, there's a lot of good fortune. I
Speaker 1: think our parents have played a massive role in the
Speaker 1: people that we are, our lives have as well, So
Speaker 1: everything all together, it's a big old cauldron that's that's
Speaker 1: stirring and a bunch of things thrown in, and so
Speaker 1: we feel really fortunate. We also try to work hard
Speaker 1: to live up to our standards, right that we have
Speaker 1: for this show, but for our families, for our broader goals.
Speaker 2: Yeah, I would say it's not like fifty percent luck,
Speaker 2: fifty percent hard work or discipline, whatever. It's like one
Speaker 2: hundred percent of everything. It's it's everything, it's all of
Speaker 2: it combined together in order to get us to work off.
Speaker 2: The MathWorks on that, but percent plus one hundercenterc Paul, Now,
Speaker 2: are you starting to sound like a football coach? That's
Speaker 2: kind of what it feels like, Paul said, tell us
Speaker 2: more about your long term fitness goals, Joel, Do you
Speaker 2: have any?
Speaker 1: Not really? Honestly, it's funny we did the CrossFit Your
Speaker 1: Finances episode and when I was thinking about this question,
Speaker 1: I was like, my main thing is to be consistent, right, Yeah,
Speaker 1: My main thing is to slowly gain strength, is to
Speaker 1: get a little more fit. But I don't have any
Speaker 1: major thing. I'm talking with my brother in law about
Speaker 1: doing an abbreviated iron Man like this this like it's
Speaker 1: basically like a sprint try exactly. So it's like a
Speaker 1: five k and like seven hundred yards swim and fourteen
Speaker 1: mile bike ride. Like that's something I can do. Maybe
Speaker 1: that's a goal worth striving for doing that in the spring,
Speaker 1: But no, my ultimate I don't have any long term
Speaker 1: fitness goals. It's just to be consistent because for all
Speaker 1: of my life, I've never really worked out, and I've
Speaker 1: been fairly consistent here for like four months, and so
Speaker 1: I just want to keep that going.
Speaker 2: Yeah, yeah, same here it's I don't have like these.
Speaker 2: I mean, I want to be stronger, I want to
Speaker 2: be like my ultimate goal is just to be healthy.
Speaker 2: I mean, the whole point is to have a functioning
Speaker 2: body that is able to allow me to do the
Speaker 2: things I want to do in life. Right, I think
Speaker 2: that's where like a focus on fitness and health can
Speaker 2: eclipse the other goals, like what I would would argue
Speaker 2: might be the more important things in life. Right in
Speaker 2: this way, like health and fitness, it's like a exercising
Speaker 2: It's a means to an end, in my mind, is
Speaker 2: not the end in and of itself. Like it's certainly
Speaker 2: fun and it's certainly something I and I understand that
Speaker 2: there's a lot of folks who who even make their
Speaker 2: living by coaching or being an instructor or a trainer
Speaker 2: that kind of thing. But for me, I think for
Speaker 2: the common person, I think it's helpful to think about
Speaker 2: it as a means to an end rather than the
Speaker 2: thing in and of itself.
Speaker 1: Same thing with a massing money, right, it's money is
Speaker 1: the tool. And if your goal is to mass tons
Speaker 1: of money, like I don't have a goal to like
Speaker 1: bench press four hundred and fifty pounds. That's just not
Speaker 1: something I care about. And I think it's fine. If
Speaker 1: that's kind of the metric that you use, that's fine,
Speaker 1: and I think it's I think it's more harmful in
Speaker 1: terms of money when I think your focus can be
Speaker 1: so much on a massing more and more that you
Speaker 1: forget that it's a tool to accomplish the things that matter,
Speaker 1: to partake in your craft, your equivalent, and build wealth
Speaker 1: so that you can so that you can amass freedom,
Speaker 1: and then also find ways to give that money away
Speaker 1: to the benefit of other people. But mat, let's get
Speaker 1: next question. This one comes from Tiana. She says, if
Speaker 1: you were a first time home buyer in Atlanta, what
Speaker 1: areas would you recommend. I think we can be brief
Speaker 1: on this one, but sure, we love we love it.
Speaker 1: We just moved just north of the city, but we
Speaker 1: still think it's one of the greatest cities. And actually
Speaker 1: I think it was Money Magazine said Atlanta's number one,
Speaker 1: the best city in the country, and Atlanta's got it
Speaker 1: going on. I'm not going to disagree that our fair
Speaker 1: city was Ranke number thirty five where we moved to.
Speaker 1: Actually interestingly enough, but I would say Capitol View and
Speaker 1: East Point. Oh yeah, those are the two neighborhoods I
Speaker 1: would say, look there because I think they have long
Speaker 1: term potential.
Speaker 2: I thought you'd have more specific neighborhoods. I feel like
Speaker 2: you like you have your ear to the ground more
Speaker 2: when it comes to like newer up and coming neighborhoods.
Speaker 2: I thought I was gonna say those, and I thought
Speaker 2: you were going to be like, oh, those are those
Speaker 2: are yesterday's neighborhood. But no, I still really like those.
Speaker 1: But yeah, no, I agree with I think that Tri
Speaker 1: City area, that Hateville, College Park, East Point, like all
Speaker 1: those are great towns. So stuff going on south of town.
Speaker 1: And I think later on in the Facebook post she
Speaker 1: mentioned her budget. I think she said four hundred and
Speaker 1: twenty five thousand, and there are other neighborhoods that we
Speaker 1: could recommend, just depends on the size of the house
Speaker 1: and stuff. Like we could say, oh, inmin Park's great.
Speaker 1: Inmend Park is a great neighborhood, but it's also really
Speaker 1: really expensive. So if you're talking about living somewhere that
Speaker 1: is like is cool in town living, but that doesn't
Speaker 1: cost a ridiculous amount of money. The couple of neighborhoods
Speaker 1: I would consider truly are probably Capital View in each Point.
Speaker 2: Yep Sylvan Hills that's near their near Capitol View, kind
Speaker 2: of that Purkoson Park area. But I mean generally speaking,
Speaker 2: and focus on neighborhoods too, like, don't just look at
Speaker 2: the financials, but look at the infrastructure, look at what
Speaker 2: they what those communities have that you're looking for when
Speaker 2: it comes to to where it is that you want
Speaker 2: to live, but find you know, the ability to find
Speaker 2: a community, a neighborhood that feels like it's got some
Speaker 2: runway ahead of it, where you do see it improving. Yeah,
Speaker 2: and they're just waiting on those folks to show up
Speaker 2: and invest some of that time and energy into making
Speaker 2: those neighborhoods and making those communities into what it is
Speaker 2: that you and and other folks who are moving in
Speaker 2: what you're looking for.
Speaker 1: And I think when you see a sense of neighborhood pride,
Speaker 1: stuff like community gardens when I'm driving around, those kind
Speaker 1: of things strike me as like, wait a second, even
Speaker 1: though maybe this community hasn't been as loved or hasn't
Speaker 1: had the same infrastructure like input from city developers over years,
Speaker 1: there's something happening here, and I think Capitol of You
Speaker 1: is one of those places where and we've already seen like,
Speaker 1: oh yeah, a lot happened there in the past. So
Speaker 1: you and I bought our first property.
Speaker 2: Yeah, but then with the East Point, Like, what's great
Speaker 2: about East Point is it's on the Martyr Line and
Speaker 2: so you've got that direct public transit, that direct connection
Speaker 2: to the city, and so that's something that.
Speaker 1: You don't want to overlook as well. Let's keep moving.
Speaker 2: Joel Kyle says, when naming your kids, did either of
Speaker 2: you have a name that you really wanted but your
Speaker 2: wife vetoed?
Speaker 1: Did you that happened with y'all? Well, just the middle
Speaker 1: name for Ezra, I really wanted. My dad's middle name
Speaker 1: is Luther. My grandpa was a Lutheran minister, and so
Speaker 1: I wanted Ezra's middle name to be Luther. And then
Speaker 1: tell you that I don't really like that, So now
Speaker 1: went he has my middle name in my dad's first name, which, yeah,
Speaker 1: so it's Ezra David. But I got you. And I
Speaker 1: do remember showing up to the hospital to meet your
Speaker 1: second daughter and she was named something different than she
Speaker 1: is today.
Speaker 2: Well, we had named her, but the more we used
Speaker 2: her name there in the hospital, the more we realized
Speaker 2: this isn't her name. I don't know what it was,
Speaker 2: but it just didn't flow off the tongue like we
Speaker 2: were expecting, and so we literally.
Speaker 1: We called him Audible.
Speaker 2: And we'd already told our parents and everything, but then
Speaker 2: when they showed up in the hospital, we told her.
Speaker 2: We told them her new name, and they thought we
Speaker 2: were joking. But I am specifically thinking of Kyle, our
Speaker 2: third daughter. I wanted to name Savannah because I've got
Speaker 2: this thing for girls that have boy sounding names, like Andy,
Speaker 2: what's another one. There's a bunch of names out there
Speaker 2: that are traditionally considered boy names, but they can also
Speaker 2: be Taylor, Taylor, And so with Savannah, the idea was
Speaker 2: that we would name her Savannah, but I wanted to
Speaker 2: call her Van, which I thought was going to be
Speaker 2: the coolest thing ever. Kate disagreed. She just couldn't get
Speaker 2: behind naming her like the super southern sounding name Savannah.
Speaker 1: Well, Van is the leading lady in Atlanta. Zazzi beats
Speaker 1: his character's name, which still in one of my all
Speaker 1: time favor shows. All Right, what's a hobby, Matt, You
Speaker 1: aren't into, but you wish you.
Speaker 2: Were go back to going back to homebrewing. I kind
Speaker 2: of wish I was in.
Speaker 1: That was also one from Kyle by the way, Yeah, yeah.
Speaker 2: Like if I was a master homebrewer again, the ability
Speaker 2: to have some amazing beer on hand. I wish I
Speaker 2: was into smoking meat. That's not that's something that you've
Speaker 2: kind of gotten into. And I feel like I'm slowly
Speaker 2: testing the waters a little bit, getting the feel for
Speaker 2: But it's not something I do at all right now.
Speaker 2: But I kind of wish I did.
Speaker 1: All right. I wish I read more. I wish I
Speaker 1: read books more. I read a lot of here, I
Speaker 1: read a lot for the show. I read a lot
Speaker 1: during my nine to five. I wish I wasn't so
Speaker 1: dang tired at night that I could stay up and
Speaker 1: read more books. Also, pickleball, everybody's into it. I kind
Speaker 1: of want to get into it too. I want to
Speaker 1: join the bandwagon. I'm not gonna lie. Have you ever
Speaker 1: played I have not. No. I played it one time
Speaker 1: else and I had a blast, like it was one
Speaker 1: of the most fun things I've ever done, So I
Speaker 1: would I would totally do pickleball. Well.
Speaker 2: On a related note, what are some of the best
Speaker 2: non financial books that you've read?
Speaker 1: This is another one from Kyle. Anything by John Steinbeck
Speaker 1: and Anything and Everything by John steinbas He is my
Speaker 1: number one favorite book of all time. I also like
Speaker 1: books on more so When Breath Becomes Air and Being Mortal.
Speaker 1: Those are two of my favorite books. An't so those
Speaker 1: are good.
Speaker 2: I like one that stands up my mind, The Coddling
Speaker 2: of the American Mind by Greg Lukianov and Jonathan Height.
Speaker 2: It's such a good book I would and I would
Speaker 2: recommend recommend it for multiple reasons. One, it kind of
Speaker 2: explains like the polarized culture that we're in today. I
Speaker 2: think it explains a lot of how we arrived at
Speaker 2: that point. But then also for parents out there, as
Speaker 2: you are looking to raise resilient, adaptable, smart, functional children
Speaker 2: in this world, they spend a lot of time talking
Speaker 2: about like fragility and what it means to be anti
Speaker 2: fragile and what it means to be like a kid
Speaker 2: that can be just resilient in the world today.
Speaker 1: And so yeah, just.
Speaker 2: From a just from a social commentary, and it's back
Speaker 2: by research as well, but it's interesting from that angle,
Speaker 2: but also from a from a parenting angle as well.
Speaker 2: I would I would recommend that one.
Speaker 1: Nice. Yeah, no, I like that. I like Jonathan hight
Speaker 1: Is one of the social psychologists doing great work. Smart
Speaker 1: smart dude, all right is he says, does the daily
Speaker 1: stress of life go away when you are financially stable?
Speaker 1: What you think? No, No, No, I don't think it does.
Speaker 1: I think there's still a lot of things to stress
Speaker 1: you out in life, especially as a dad with kids
Speaker 1: who are going through a bunch of stuff. But I
Speaker 1: will say to not have money as a stressor in addition,
Speaker 1: and it's not that we don't stress about money at all, right,
Speaker 1: but to have it largely off the table as something
Speaker 1: that creates arguments or something we have to worry about frequently. Yeah, No,
Speaker 1: it dials down the temperature of a lot of things
Speaker 1: that we have to discuss. And so I think it's
Speaker 1: really important to strive after a certain amount of financial independence,
Speaker 1: of more peace hot money, of just more margin in
Speaker 1: your life, because I do think yes it will. It
Speaker 1: can make your relationships better, and it can mean that
Speaker 1: there's less money becomes less of a source of constant friction.
Speaker 2: Yeah, it just depends on how many other daily stresses
Speaker 2: you have. If all of your daily stress comes down
Speaker 2: to financial anxieties that you might have, then yeah, having
Speaker 2: some financial margin, having that what you say, and she said, financial.
Speaker 1: Stability, that would absolutely help, right, Like to not.
Speaker 2: Have to worry about whether or not you're going to
Speaker 2: have your power cut off or the water turned off
Speaker 2: like that kind of thing. Oh my gosh. I oh, yes,
Speaker 2: to be able to have some financial margin to where
Speaker 2: you can remove those worries from your plate, that is priceless.
Speaker 2: But at the same so on one hand, I would
Speaker 2: say yes, but on the other hand, I would say no,
Speaker 2: because it depends on what you then do with that
Speaker 2: additional margin. Because the typical cycle, I think most American consumers,
Speaker 2: they basically arrive at a certain point, they remove a
Speaker 2: bunch of stresses from their life, but then they sign
Speaker 2: up for additional obligations, additional financial obligations that then add
Speaker 2: more stress to their life.
Speaker 1: Right. So, I've known people who are financially free, who
Speaker 1: are not in a good place, who are not happy people,
Speaker 1: and who are stressed out because for other reasons. So sure,
Speaker 1: even having enough money doesn't.
Speaker 2: Yes, what if you're only looking at financial issues, right,
Speaker 2: Like does more money equal like less stress. Sure, And
Speaker 2: I think that depends on what you introduced into your life.
Speaker 2: And so what I was going to say is that,
Speaker 2: like you used to maybe be concerned with having your
Speaker 2: utilities cut off, right, but then like you mentioned like
Speaker 2: a boat earlier, but like, let's say you decide to
Speaker 2: buy a boat because you know what this said in
Speaker 2: twenty fifteen, this is twenty twenty two. I'm in a
Speaker 2: place where I can afford a boat. Well, if you're
Speaker 2: barely getting by to where you can afford that boat
Speaker 2: payment or the additional expenses, and like it just escalates,
Speaker 2: like the wealthier you become if you continually sign up
Speaker 2: for additional debt obligations. Essentially, those financial stresses can always
Speaker 2: be there. It's just you're stressing over things that you
Speaker 2: never would have thought you would have been stressing about
Speaker 2: in a previous line.
Speaker 1: Well, I guess I think I interpreted the question a
Speaker 1: little different because she said, does the daily stress of
Speaker 1: life go away? And look at Elon Musk, look at
Speaker 1: real Gates. Those guys probably pretty stressed out with divorces,
Speaker 1: with taking on way more than by way more than
Speaker 1: they can chew buying a social media company.
Speaker 2: There will always be things that happen in the world.
Speaker 2: There will always be some sort of insta like something
Speaker 2: that's going to make you make your footing feel like
Speaker 2: you're standing on sand.
Speaker 1: And if you think that money is going to cure
Speaker 1: all of your ills, you're dead wrong. And so yes, yes,
Speaker 1: I'm having more money. It's a tool and it can
Speaker 1: help certain things, but there's a lot of things that
Speaker 1: it can't speak to. There's a lot of things that
Speaker 1: it can't fix, So you have to know that going
Speaker 1: into it. All right, Joel Alex asked, what are your
Speaker 1: favorite music genres? Okay, my all time favorite music genre
Speaker 1: alt country, so not radio country, but the alt country stuff,
Speaker 1: so like old school Ryan Adams, like Jason isbel like
Speaker 1: the dry By Truckers like Tyler Childers. Right now, is
Speaker 1: there all the bands I've heard you mentioned? But and
Speaker 1: then just probably indie rock. So some people say I
Speaker 1: like all the music, and I'm like, nah, I kind
Speaker 1: of like just a little bit.
Speaker 2: We've got the indie rock, indie rock overlap, like I
Speaker 2: lean more in like the electronica like post rock kind
Speaker 2: of genre.
Speaker 1: And so I mean for I mean, I still am
Speaker 1: You're a big namel Back.
Speaker 2: Guy, I don't listen to as much music as I
Speaker 2: used to because it is oftentimes filled with podcasts and audiobooks.
Speaker 2: But like Radiohead, I probably have listened to more Ahead
Speaker 2: than any other band in my entire life. Electron like
Speaker 2: Sunlux Tycho, So it's maybe a little bit more of
Speaker 2: that ambient electronic music. Yeah, But then like like Bony
Speaker 2: there and like Sufyan, like these are all folks that's
Speaker 2: we overlap. Yeah, yeah, there's a lot of bands that
Speaker 2: we both like. It's not But then I also like
Speaker 2: there's some bluegrass that I really like.
Speaker 1: I've been to.
Speaker 2: I think I've seen more nickel Creek, not nickel Back
Speaker 2: break shows than any other any other band in my
Speaker 2: entire be in Heaven. If nickel Back opened up for
Speaker 2: nickel Creek, that would be like the top billing for you.
Speaker 2: I wish I could even sing a line or two
Speaker 2: of a Nickelback song just to drive the point home,
Speaker 2: but I don't, so I can't.
Speaker 1: All right, So on that note, Sandy says, what song
Speaker 1: when it comes on the radio can you not resist
Speaker 1: singing out loud to? Also? What movie? No matter when
Speaker 1: you tune in, do you have no choice but to
Speaker 1: stop and watch the rest because you love it so much?
Speaker 1: All Right, I got the song.
Speaker 2: I would say any song on Third Eye Blind's.
Speaker 1: Debut album, Okay, yeah, that's a good hand.
Speaker 2: Literally, I think I know the words to every single
Speaker 2: song on that album and I saw them live recently.
Speaker 2: Song along the whole Time journey for me, probably almost
Speaker 2: any journeys, Like how can you not try to mimic
Speaker 2: Steve Ferry even though nobody can?
Speaker 1: Movie?
Speaker 2: I don't have a movie like. I mean, honestly, movies
Speaker 2: just aren't really a part of our life and we rare.
Speaker 2: It's just I don't feel like I can give an
Speaker 2: honest answer.
Speaker 1: Willy Wonka for me, Willy Wonka the Trashy Factory, not
Speaker 1: the Johnny Depp version, Gosh darn it, the originally hate
Speaker 1: that one. Sorry. I have a lot of animosity towards
Speaker 1: the Johnny Depp version because just not nearly as good.
Speaker 1: And I'm obsessed, like will that might be? That's top
Speaker 1: five movies of all time for me? So if I
Speaker 1: see it, it just brings back so much nostalgia and
Speaker 1: I love the Gene Wilder's performance in that version, so
Speaker 1: it's fantastic. Yeah, it's a good one. All right, We've
Speaker 1: got more to get to, more ask me anything questions
Speaker 1: from you guys, our listeners will we'll tackle a few
Speaker 1: extras right after this break.
Speaker 2: All right, we are back from the break, Joel. We've
Speaker 2: got a few more questions we're gonna get to. These
Speaker 2: are questions that listeners submitted in our Facebook group.
Speaker 1: Someone did want to know, partly because in the post
Speaker 1: I mentioned that we could cover your deepest, darkest secret
Speaker 1: if the question was asked see this part.
Speaker 2: We don't have time for that actual Okay, I feel
Speaker 2: like we're even now.
Speaker 1: We're gonna go a little bit long. Yeah, it's gonna
Speaker 1: be longer than usual, but but okayfully, as Matt Port
Speaker 1: is the soul out in this third segment, it'll be
Speaker 1: worth it.
Speaker 2: This one is from Michael. How do you guys juggle
Speaker 2: family life in podcasting life more effectively? I'm sure there's
Speaker 2: a learning curve, But when transitioning into self phne business,
Speaker 2: what were your successes and pitfalls early on around family
Speaker 2: life and personal life?
Speaker 1: You got a response. So, first things first, starting something
Speaker 1: new and trying to do it at a high level
Speaker 1: means extra work. When you're getting started, and so I
Speaker 1: think the key is communication, right, Like having that conversation
Speaker 1: with Emily was like, Hey, if this is something that
Speaker 1: you're behind and you think it is a good idea
Speaker 1: for us to start and see what happens, just letting
Speaker 1: you know I'm going to be a little more absent
Speaker 1: and it's going to take more effort and work. But
Speaker 1: we think that there's light at the end of the
Speaker 1: tunnel that this can be some thing. And so you
Speaker 1: have to have buy in and everyone kind of has
Speaker 1: to agree, and you have to kind of continually come
Speaker 1: back to communicate about Okay, how's it going, and like,
Speaker 1: are is it worth it for all the parties involved?
Speaker 1: So yep, I don't know. It's a learning curve, but
Speaker 1: communication is key. I totally agree.
Speaker 2: Yeah, communication, And then I feel like, I mean, honestly,
Speaker 2: I learned a lot of these lessons when Kate and
Speaker 2: I started started our company doing photography, but it was
Speaker 2: our life like it consumed everything. It saturated every fiber
Speaker 2: of our being, Like every second of the day, I
Speaker 2: felt like we were talking of photography stuff. And that
Speaker 2: was great on one hand because it meant a very
Speaker 2: successful business. But on the other hand, it was detrimental
Speaker 2: to our relationship. There's a lot of things that we
Speaker 2: didn't prioritize because we were so concerned with talking about
Speaker 2: business things. And so what that meant is I learned
Speaker 2: that for us, boundaries were really stink and important. And
Speaker 2: so for what you know, what that means with how
Speaker 2: to money is keeping like fairly hard boundaries when it
Speaker 2: comes to the you know, the work that we do here,
Speaker 2: you know, for the show, and then the life I
Speaker 2: lead at home, Like the kids like they know that
Speaker 2: I've had a podcast that you know, Daddy and mister
Speaker 2: Jolie sit down and they talk about beer, and they
Speaker 2: kind of like, I feel like our kids are starting
Speaker 2: to get older, and they kind of make fun of
Speaker 2: us a little bit because they'll hear us pull up
Speaker 2: an episode in the car, like we'll check it to
Speaker 2: make sure certain things are playing properly. You know, we're
Speaker 2: not sitting down listening to our own show. But they
Speaker 2: always kind of I think they get excited maybe the
Speaker 2: height of hubers when they hear our show comes up,
Speaker 2: if you're that in love with the sound of your
Speaker 2: own voice. But otherwise they don't really know much of
Speaker 2: what we do, and for me, I think that's something
Speaker 2: that's something I'm proud of. Granted, there's some overlap if
Speaker 2: I'll read an article or read a book or something
Speaker 2: like that that has to do with work at home,
Speaker 2: because I'm just interested in it, and there's certainly some overlap.
Speaker 2: But for the most part in my life at least,
Speaker 2: it means there are some clear boundaries between work life
Speaker 2: and personal life.
Speaker 1: And that's probably too Matt. While why you and I
Speaker 1: we don't put ourselves out there on Instagram a whole lot.
Speaker 1: It would just be more invasive. And it's not that
Speaker 1: we're against obviously we're answering all of your questions today
Speaker 1: on today's episode. We don't mind sharing those things are
Speaker 1: one hundred percent working right now, yes, And when it
Speaker 1: breaks into kind of our personal time, our personal lives,
Speaker 1: it's we love meeting listeners, listener hangouts, We love answering
Speaker 1: your questions, like we love that engagement. But typically between
Speaker 1: the hours of like nine to five, like Monday through Thursday,
Speaker 1: half days on Fridays, and if we can whatever we
Speaker 1: can cram into there into that time, it's like pure joy.
Speaker 1: And yeah, so for us, we gotta make sure we
Speaker 1: keep those barriers intact, so it doesn't feel like it's
Speaker 1: overwhelming the things we get to do and enjoy at home,
Speaker 1: because that's the reason we're working right, to sustain our
Speaker 1: families and to be able to really enjoy the time
Speaker 1: that we have away from here too. Totally all right,
Speaker 1: Michael says, And this is interesting one. He says, most
Speaker 1: of the people advising folks on financial stability didn't get
Speaker 1: their wealth doing what they preached. They amassed it by
Speaker 1: selling a service teaching you about it. He says, I'd
Speaker 1: be curious to get a glimpse inside the financials of
Speaker 1: how running a podcast, investment properties, et cetera. Produces income
Speaker 1: in your cases. In the past, you've referenced spouse's education
Speaker 1: goals and expected job divinends, et cetera. But I don't
Speaker 1: think i've ever heard personal results.
Speaker 2: Well, okay, so Michael, you know you're saying that other
Speaker 2: folks are, would you, he said, selling a service teaching
Speaker 2: you about it? And I would argue that that is
Speaker 2: not all that different than what we are actually doing
Speaker 2: here on the show.
Speaker 1: I think that's what he's saying. Yes, he's saying, like,
Speaker 1: so how do you did you guys? Are you guys
Speaker 1: only making money from the podcast or were you I.
Speaker 2: Read his question as in, like, like, you guys are
Speaker 2: practicing what you're preaching. But what I'm saying is that,
Speaker 2: like I feel like we're more we've got more in
Speaker 2: common with those other folks who are out there selling
Speaker 2: themselves on the internet. Then maybe it would appear right
Speaker 2: like I mean, like those folks have courses and classes
Speaker 2: and mastermind groups and all that kind of stuff that
Speaker 2: they're selling, and that's one model, but for us, like
Speaker 2: we're talking about similar things, but we just have advertising. Yeah,
Speaker 2: And so I guess what I'm highlighting here is that
Speaker 2: we're not all that different I guess maybe from some
Speaker 2: of the other content creators out there. But maybe what's
Speaker 2: different than is the spirit in which we do things
Speaker 2: where we're not I mean sort of like what we
Speaker 2: were saying earlier, you know, the ability to ask the question,
Speaker 2: is this something that's going to be able to provide
Speaker 2: value to listeners? Being able to run decisions through that
Speaker 2: filter helps us to maybe approach everything that we do
Speaker 2: with a slightly different spirit than just what's that going
Speaker 2: to mean for our bottom line? How's this going to
Speaker 2: affect the income that's not the question that you and
Speaker 2: I are asking.
Speaker 1: Ourselves, right, Well, we also talk about things on the
Speaker 1: show that we have done personally, things that we've studied
Speaker 1: this stuff extensively and we've put it into practice, And
Speaker 1: so I think there is the reality that we've talked
Speaker 1: about on the show before, Matt, there's a lot of
Speaker 1: TikTok influencers that meanwhile, they just don't have the knowledge
Speaker 1: and they don't have the depth of knowledge from doing
Speaker 1: it for a lot of years. You have started your
Speaker 1: own business. You and I have been personal finance nerds
Speaker 1: on this journey for at least fifteen years, and so
Speaker 1: it was my full time job producing a personal finance
Speaker 1: radio show for fifteen years. So it's one of those
Speaker 1: things where, yeah, we're not one hundred percent financially independent
Speaker 1: right now, right, And income from the podcast is a
Speaker 1: good thing. It does help us put food on the table.
Speaker 2: Say, like, so he was well, sorry to interrupt, like
Speaker 2: he was asking too, like how much of our income
Speaker 2: Maybe he's asking that, right, like how much of it
Speaker 2: does come from the podcast? Yeah, And we don't have
Speaker 2: exact numbers, but like the majority of our income does
Speaker 2: come from the podcast.
Speaker 1: We each have a handful of rental properties, which definitely,
Speaker 1: which means that we have income from other areas. And
Speaker 1: so do we need the income from the podcast, Like, yeah,
Speaker 1: we do need the from the podcast right now. Do
Speaker 1: we need it five years from now? No, like we've
Speaker 1: we've built up a reservoir as we've invested intelligently over
Speaker 1: the years, and so no, Like if the revenue of
Speaker 1: the podcast went to zero, that would be that would
Speaker 1: be difficult, right, Yeah, it's but we are not, like
Speaker 1: you said, selling a service teaching people about it. We
Speaker 1: have over the years, I would say, amassed our wealth
Speaker 1: by doing the things we talk about, and now putting
Speaker 1: those out in podcast format is a way to continue
Speaker 1: making money. But it is also something that we're passionate
Speaker 1: about and that we have extensive knowledge about, that we
Speaker 1: talk about regularly, totally well. And and the fact is if
Speaker 1: we let's let's.
Speaker 2: Say, for instance, that iHeart just got canceled or went
Speaker 2: bankrupt or do something like that, we could totally survive
Speaker 2: without income from the podcast. It's something that we are
Speaker 2: leaning into right now because honestly, it's the most fun
Speaker 2: thing that I do every day when it comes to
Speaker 2: the work that I do. It currently does make the
Speaker 2: most money from a time spent, but it also has
Speaker 2: the most potential as well. It totally has the most
Speaker 2: future potential, but the ability there's other things that we
Speaker 2: are both interested in, and I think it would not
Speaker 2: be difficult for us to kind of fire up these
Speaker 2: alternative sources of income if we wanted to. If all
Speaker 2: of a sudden, I had eight hours of my day
Speaker 2: back every single day to then focus Like it makes
Speaker 2: me think about like you hired property management recently, and
Speaker 2: does that eat into your rental property income?
Speaker 1: Totally?
Speaker 2: But you're able to use that time in ways that
Speaker 2: you want to, whether it be with how to money
Speaker 2: or just the other things you're interested in. And so
Speaker 2: there's there's different trade offs that you make throughout life,
Speaker 2: and I think I think what's important is for there
Speaker 2: to be multiple options available to you. That doesn't mean
Speaker 2: that at certain times, at different given points in time,
Speaker 2: that you're not leaning into one of those areas a
Speaker 2: little more heavily than you otherwise would.
Speaker 1: Yeah, does that make sense? Yeah, no, it does. And
Speaker 1: I think the reality is there are a lot of
Speaker 1: people out there who have dabbled in some of these ideas,
Speaker 1: who are still kind of fresh and new, but they
Speaker 1: do they are good at social media, or they are
Speaker 1: good at online content, and so they're trying to make
Speaker 1: their money on the backs of teaching people in a
Speaker 1: way that might be costly to them, although beneficial for
Speaker 1: the creator themselves. And so that is our goal is
Speaker 1: to avoid that. I know podcast ads are annoying, but
Speaker 1: it's our goal to keep how to money content like
Speaker 1: free and readily available. We think that it's it's advice
Speaker 1: and information that the masses need to hear that everyone
Speaker 1: out there needs access to. And there's nothing that needs
Speaker 1: to be behind a multi hundred dollars paywall. And hopefully
Speaker 1: we can keep all the content that we create free,
Speaker 1: accessible down to earth.
Speaker 2: That's the goal, absolutely, all right, let's hear from Katie.
Speaker 2: She said, I told a friend of mine about your
Speaker 2: podcast and your craft beer equivalent angle. Her response was
Speaker 2: the problem is I have too many craft beer equivalents.
Speaker 2: So what would your advice be for someone like this
Speaker 2: who has a hard time narrowing down a few areas
Speaker 2: to splurge on Jilli? You have advice for Katie's friend.
Speaker 1: I would send her our money mission statement. It is
Speaker 1: something is speaking of free resources. This is something Matt
Speaker 1: and I took our time to create. We think that
Speaker 1: walking through these questions and answering them will be helpful
Speaker 1: to you and will be helpful specifically to your friend
Speaker 1: Katie as she's trying to hone in on a why.
Speaker 1: We think that it's the Nietzsche quote Matt that he
Speaker 1: who has any why can bear anyhow. It makes it
Speaker 1: easier to forego like frivolous purchases when you have a
Speaker 1: deeper why attached to where your money's going. So if
Speaker 1: you know, hey, I'm saving up for this really important
Speaker 1: goal over here, it's going to take me like sixteen
Speaker 1: months to get there. Well, if you have a problem
Speaker 1: with frivolous purchases, it's actually going to help keep those
Speaker 1: in life when you know the bigger, more important thing
Speaker 1: that you're saving for. So yeah, the Money Mission Statement
Speaker 1: hopefully will be helpful to her. It's free downloadable pdf
Speaker 1: will link to in the show notes. Totally knowing, Yeah,
Speaker 1: honing in on your why, spending some time doing a
Speaker 1: little bit of like interior looking, I think can help
Speaker 1: you figure out what matters to you, and then just
Speaker 1: in that process it almost by necessity devalues a whole
Speaker 1: lot of other things that you did kind of prioritize
Speaker 1: at least to some degree.
Speaker 2: That's right, man, I love it.
Speaker 1: Well. Can I just say too, like, I think if
Speaker 1: you have a ton of crappy equivalents, maybe you don't
Speaker 1: really get what that means. Because I think if to
Speaker 1: zero in on a few things, true, and you can
Speaker 1: say that everything matters, but then if everything matters, then
Speaker 1: nothing really matters, and so you have to prioritize a
Speaker 1: few things, like what are the things that really really
Speaker 1: move the needle in your life. The more you can
Speaker 1: focus in on those things, zero in on on those things,
Speaker 1: pour your money intentionally into those areas, it's going to
Speaker 1: move the needle, and then those other things are going
Speaker 1: to look like, well, they don't really matter in light
Speaker 1: of that. Yeah.
Speaker 2: Yeah, a lot of times it takes a little bit
Speaker 2: of soul searching to figure out what it is you
Speaker 2: truly value. Becca asked. She said, favorite places you've traveled
Speaker 2: to and places you most want to travel to if
Speaker 2: money or lifehaz for instance, kids were no object.
Speaker 1: Joel, I'm just say probably our trip to Norway Emily
Speaker 1: and I, just the two of us was the best
Speaker 1: trip we've ever taken. Nice. Scotland is probably the place
Speaker 1: we most want to go. Mmmm you Scotland absolutely, because
Speaker 1: it combines two things I love. Fantastic drink, yeah, with
Speaker 1: a country that is beautiful, and we're actually kind of
Speaker 1: talking with a friend of ours actually who's over in
Speaker 1: Scotland and we're trying to find a way to make
Speaker 1: this trip happen. You got to do it.
Speaker 2: But yeah, I mean generally speaking, like when I think
Speaker 2: about some of the favorite trips that Kate and I
Speaker 2: go on, it it oftentimes does include natural beauty and
Speaker 2: just amazing food or drink, usually a BUCkies for you.
Speaker 1: Not a BUCkies.
Speaker 2: But like, so you mentioned a road trip that you
Speaker 2: went on with your friend like years ago. Kid and
Speaker 2: I we've only ever done this once, but we took
Speaker 2: a road trip out west and randomly kind of stopped
Speaker 2: in at some the different wineries in Napa and Sonoma,
Speaker 2: and we could not believe how much we loved it
Speaker 2: out there, because I mean, obviously you've got some amazing wine,
Speaker 2: you're there talking to other folks who also are into it,
Speaker 2: but then they've got these trails that you can go
Speaker 2: hiking on and so it was just this perfect combination
Speaker 2: of enjoying the land but then enjoying the fruits of
Speaker 2: the land. I don't know that there's just something fully
Speaker 2: encompassing and where it felt like we were just fully
Speaker 2: immersed within this particular region. And I think, yeah, in
Speaker 2: a similar way, we would also get that in Scotland,
Speaker 2: and so yeah, that's definitely at the top of our
Speaker 2: list as well.
Speaker 1: So hopefully had money tripped there soon. Shari says, what's
Speaker 1: one piece of non financial advice you want to instill
Speaker 1: in your kids? He's another big one. You have an
Speaker 1: answer for those one. I mean, just the thing I
Speaker 1: tell my kids all the time, and it's what I
Speaker 1: want them to know is that they can do hard things.
Speaker 1: I think, especially in an era of great wealth in
Speaker 1: this country where we have a lot of things at
Speaker 1: our fingertips, where we can order something on Amazon and
Speaker 1: get it that day or the next day, it's easy
Speaker 1: to become soft. And the reality is like, we need
Speaker 1: to know that we can do hard things. It is
Speaker 1: a comforting reality. And so I want to push my
Speaker 1: kids in that direction, not like make them sleep outside
Speaker 1: in the freezing cold or anything like that, to develop
Speaker 1: some sort of hardness. But I want them to know
Speaker 1: they can do hard things and to tackle hard things,
Speaker 1: because I think that's where a lot of the joy
Speaker 1: and life comes from. Nice. I love it.
Speaker 2: I'm going to take it back to a recurring theme love.
Speaker 2: Maybe when we're talking about faith earlier on. I feel
Speaker 2: like that's kind of the underpinning of so much of
Speaker 2: what I at least try to do right and what
Speaker 2: it is that I that we're trying to teach our kids.
Speaker 2: I mean, straight from the Bible. Greater love has no
Speaker 2: one than this, he who lays down his life for
Speaker 2: his friends. That's a loose translation. But again, the ability
Speaker 2: to refer back to that and find ways to put
Speaker 2: others before yourself. I think that if I had to
Speaker 2: like distill it down, boil it down to you know,
Speaker 2: what it is that we're trying to teach our kids, Yeah,
Speaker 2: it would be that.
Speaker 1: Again.
Speaker 2: You can take that and go in whatever direction you want.
Speaker 2: You can take that and then go in the financial
Speaker 2: direction and figure out how that applies to your money.
Speaker 2: But that would be my response there, Joe. Let's get
Speaker 2: to our last question. This is from Tory, and she said,
Speaker 2: if you had to pick an all time a favorite
Speaker 2: beer what would it be? And also Joshua asked if
Speaker 2: there was only one style of beer that you could
Speaker 2: have for the rest of your life, what would it be.
Speaker 2: This is again one of those impossible questions. But do
Speaker 2: you have a favorite all time beer, Joel.
Speaker 1: You know, not really, but I would say i'd associated
Speaker 1: with a memory. So when Emily and I were in Belgium,
Speaker 1: I just remember going to the Canteon and drinking it,
Speaker 1: shrinking from the soaurus right from the sword, and so
Speaker 1: that's probably my favorite beer memory, is those two days
Speaker 1: with her at Canteon. But yeah, I don't know. Any
Speaker 1: raspberry sour it is probably my favorite. Like that'd be
Speaker 1: this a style that I'm really fond of. What would
Speaker 1: I want for the rest of my life? I don't know,
Speaker 1: probably like the finest hazy ipa is in all likelihood,
Speaker 1: But I love footed sours too, So.
Speaker 2: I mean each beer has its own time, yeah, you know,
Speaker 2: I mean I want different beers at different points in
Speaker 2: the year, and I can't even.
Speaker 1: Like that kind of season right now, I know.
Speaker 2: Like, so I would say an underlying theme of all
Speaker 2: my favorite beers oftentimes is that they're barrel aged. And
Speaker 2: so whether that's a barrel age sower, a barrel age stouts.
Speaker 2: But anytime a brewery is able to pull that off,
Speaker 2: it man aging beers on wood adds such an additional
Speaker 2: level of complexity of flavor that just takes it up to.
Speaker 1: The next level. Would you drink a barrel age bud light,
Speaker 1: I'd give it a shot.
Speaker 2: I totally would, because honestly, that kind of sounds like
Speaker 2: innocent gun out of the UK or whatever somewhere out
Speaker 2: of Europe.
Speaker 1: I'm sure innocent gun is better than that. But those
Speaker 1: are I don't know.
Speaker 2: Those are some like ales or loggers or something like
Speaker 2: that that are barrel aged. But I love that taste
Speaker 2: of oak or whatever woods that they that they choose. Yeah,
Speaker 2: and so I don't have a particular favorite beer or
Speaker 2: even a favorite style, but barrel age sowers, barrel aid stouts,
Speaker 2: and those delicious hazy IPAs.
Speaker 1: That'll be my non answer. Are you to Tori in
Speaker 1: the Jeff? But I think the best, like the memories
Speaker 1: associated with great things to me are what you know,
Speaker 1: it enhances. The ability of the taste is one thing,
Speaker 1: but like, how much more meaningful is the glass of
Speaker 1: wine you had when you were in so Noma versus
Speaker 1: the bottle maybe you drank when you's true, the one
Speaker 1: you bought at the grocery store, maybe even from the
Speaker 1: same vineyard. Right, There's something about being there, participating, per taking,
Speaker 1: which is.
Speaker 2: Why going back to Becka's question about where to travel,
Speaker 2: it's got to include somewhere with either good food or
Speaker 2: good drink.
Speaker 1: Yeah, and good nature. It's so important for sure. All right,
Speaker 1: Well that's enough. Yeah, that was a lot, wrap it up. Yeah,
Speaker 1: thank you guys so much for submitting those questions. Some
Speaker 1: easy ones, some hard ones, but a lot of fun
Speaker 1: to get to go over those. And maybe I'll do
Speaker 1: another one in the future if if you have more
Speaker 1: hard hitting AMA questions for the hod of money, guys
Speaker 1: will be up to the other year. Yeah all right,
Speaker 1: but let's get back to the beer we had on
Speaker 1: this episode, Matt. This one was called double Top Double IPA.
Speaker 1: It was a collab between our local bottle shop, Sprayberry
Speaker 1: Bottle Shop and Academia Brewing Company. What are your thoughts?
Speaker 2: I thought it was really solid, man. It has been
Speaker 2: a minute since we've had a hazy IPA, let alone
Speaker 2: a double here on the show. And because of my
Speaker 2: the slight cold that I have. I'm not totally sure
Speaker 2: if I was able to pick up all the nuances
Speaker 2: of flavor of the different types of pops that they used.
Speaker 1: I'd just say that there wasn't a ton of nuances,
Speaker 1: So I don't think it's your cold. It wasn't me.
Speaker 1: It was good. It's a little sweet, a little sweet
Speaker 1: for my take, okay, but it was still. It was
Speaker 1: still I would say, solid, yeah, solid beer. I'm glad
Speaker 1: you and I were able to enjoy this one today
Speaker 1: on the podcast, Man, but that is going to be
Speaker 1: it for this episode. We actually did refer to a
Speaker 1: couple of resources, like the money mission statements, so we'll
Speaker 1: be sure to link to that and others up on
Speaker 1: our show notes on the website at howdomoney dot com
Speaker 1: for sure. But until next time, Matt, best Friends out
Speaker 1: and best Friends Out, Okay,