Life In Twenty

LIT Episode 42.  Part 2.  One of Paul's personal goals for 2024 was to feature his 92 year old Grandma, Barbara, on the podcast.  Barbara is a Great, Great, who had 5 children, 14 grandkids, 24 great grandkids, and 11 great great grandkids.  She continues to drive, goes to church every Sunday, lives in a two-story house, is a landlord, been widowed for 28 years, and is the most optimistic wom...

LIT Episode 41.  One of Paul's personal goals for 2024 was to feature his 92 year old Grandma, Barbara, on the podcast.  Barbara is a Great, Great, who had 5 children, 14 grandkids, 24 great grandkids, and 11 great great grandkids.  In this episode she'll share how she made less than .75 cents per hour when she started her career, never graduated high school, was married before 18 and st...

LIT episode 40.  Let's admit it... planning trips with teenagers is a challenge.  Kids today are spoiled travelers, require a different level of activity to be entertained.  For example, compare your list of places visited before you turned 18 to a list of places you've traveled with your kids.  How many parking lot pools and exterior door motels are on their list?  Exactly.  The bar has...

The M2 money supply and national debt may not be good dinner conversations but they are a critical signal to understand because of how they directly impact your way of life.   Prices are rising faster than our annual earnings.  In this episode you will learn how much you need to make on your savings/investments to keep pace with the money printing and inflation - the true number.  Wait until you h...

LIT episode 38.   The Life In Twenty (LIT) podcast co-hosts Carsyn and McCoy get a front row seat to everything Paul has learned in 34 years of gambling following a recent trip to Vegas.  How do you teach your kids about gambling?   Access to gambling services is at an all time convenience - you no longer need to travel to the state of Nevada being one example.  Increasingly more attractive to add...

Seat:  Still Open the 17th edition of the FIVES Series [LIT episode 37]:  Do your teenage kids have any idea how much it costs to provide them food, shelter, and water?  Do you think they are prepared for the high costs of living?  In this episode co-hosts Carsyn (19) and McCoy (16) calculate and review Paul's monthly expenses for May.    McCoy and Carsyn recap April's expenses and then...

Seat:  Open LIT episode 36.  Our Life In Twenty podcast co-host Carsyn is back after being away at college for her freshman year.  In this episode Carsyn shares what college life is like, what she would do different in preparation, what she loves about living in Pullman and what she hates, and how she has her money invested and working for her while in school. She also discloses her use, some woul...

Seat:  Open the 16th edition of the FIVES Series [LIT episode 35]:  In this episode we recap the first 15 episodes of the FIVES (financial independence vs. endless struggle) and discuss how theses episodes could be used as a playbook or financial blueprint to accelerating your 'work optional' date. The first 15 episodes of the FIVES: Your Financial Freedom Starter Kit, What 90% Don'...

Seat Still Open the FIVES Series [LIT episode 34]:  In this episode we share step by step how to set up an individual brokerage account and buy a stock or bitcoin.  Having a brokerage account is one of Paul's Big 5 to Financial Freedom and a critical piece to having your money work for you.  A brokerage account allows you access to investments outside retirement accounts and better than savin...

the FIVES Series [LIT episode 33]: In this episode we introduce the new ' Seat Open ' feature and opportunity for anyone 18 years or older to share their personal financial journey, where they are stuck, and how the LIT podcast can help.  We also do a quick market and FIVES Fund update before talking about how March was a record month for contributions to our F bucket - freedom, future. ...

the Weekly FIVES Series [LIT episode 32]: This episode covers a quick market update and then dives quickly into the 3 biggest financial wins I've had and the 3 biggest financial mistakes I've experienced.  Here’s a free link to download and print The Bucket Tracker http://tinyurl.com/y3wcxxzy Marrket update Nasdaq:  flat for the week, up 11% ytd S&P 500: up .28%, up 11% ytd Russell 2...

the Weekly FIVES Series [LIT episode 31]: This episode covers macro and market updates, how the 5 stocks I purchased for the FIVES challenge are doing, and framework for financial freedom topic of the week:  How To Create Lasting Change - so you can make the necessary adjustments and get on a path to FI. Here’s a free link to download and print The Bucket Tracker http://tinyurl.com/y3wcxxzy Marrke...

the Weekly FIVES Series [episode 30]:  Thinking about taking a cruise with family or friends?  This episode explores the path to financial independence through the lens of relentless pursuit of the fullest life - remove wasted expenses and add new experiences.  We dive into the details of our recent Caribbean cruise.  In this episode you'll learn why the path of financial freedom does not mea...

the Weekly FIVES Series [10 of 250]: This episode covers a macro and market update as well as the results of our February Bucket Tracker and the FIVES challenge.  How much did we spend in February?  How is our FIVES Fund doing?   All designed to help you build a financial strategy for you or your family, the path to FI. Here’s a free link to download and print The Bucket Tracker:  http://tinyurl.c...

the Weekly FIVES Series [9 of 250]: This episode covers the 5 stocks I purchased for the FIVES challenge, our Feb Bucket Tracker and F bucket contributions, and framework for financial freedom topic of the week:  The 5 Phases to Reach Financial Independence –  Phase 5:  Financial Freedom Reached, Work Optional 1.  Outdated: 2.  Pensions are dying: 3.  Average Age Keeps Climbing: 4.  The Term No Lo...

the Weekly FIVES Series [8 of 250]: This episode covers the 5 stocks I purchased for the FIVES challenge, our Feb Bucket Tracker and F bucket contributions, and framework for financial freedom topic of the week:  The 5 Phases to Reach Financial Independence –  Phase 4:  The Compounding & Accumulation Zone 1. Review your financial status every 6 months  2. Contribute 25% - 50% of your income to...

the Weekly FIVES Series [7 of 250]: This episode covers macro and market updates, how the 5 stocks I purchased for the FIVES challenge are doing, our Feb Bucket Tracker and F bucket contributions, and framework for financial freedom topic of the week:  The 5 Phases to Reach Financial Independence –  Phase 3:  Small, Consistent Daily Actions 1. Track your expenses 2. Change mindset on spending habi...

the Weekly FIVES Series [6 of 250]: This episode covers macro and market updates, how the 5 stocks I purchased for the FIVES challenge are fairing, our Feb Bucket Tracker and F contributions, and framework for financial freedom topic of the week:  The 5 Phases to Reach Financial Independence –  Phase 2:  Your Financial Assessment – Reality Check 1.  What is your current debt? 2.  What is your mont...

the Weekly FIVES Series [5vof 250]:  This week we kick off the 5 Phases to Reach Financial Independence.  This episode covers macro and market updates, how the 5 stocks I purchased for the FIVES challenge are fairing, Carsyn reads out our Jan Bucket Tracker and compares expenses to Dec, and the framework for financial freedom topic of the week:  Your Path to Financial Independence,  Phase 1:  The...

the Weekly FIVES Series [4 of 250]: This episode covers macro and market updates, the 5 stocks I purchased for the FIVES challenge, how my Buckets Tracking is going, and how to calculate the amount of money you need in a retirement account before you can retire using the 4% rule. Here’s a free link to download and print The Bucket Tracker http://tinyurl.com/y3wcxxzy Macro update: GDP for Q4 2023 c...

the Weekly FIVES Series [3 of 250]: This episode covers macro and market updates, the FIVES challenge, and how the Buckets Tracker for monthly expenses can change your financial future.  It’s free, simple, and fun to use.  It’s a core piece to the financial freedom framework as we cant allocate to our future until we know what we spend and where we can save. Here’s a free link to download and prin...

the Weekly FIVES Series [2 of 250]: This episode covers macro and market updates, the FIVES challenge, the Buckets Tracker, everything you need to know about Bitcoin, how to purchase bitcoin, and actionable take-aways. Macro update for the Week: CPI print - 3.4%, up from 3.1% in Dec, came in hotter than expected (3.2%) Car insurance up 20%, Transportation 10%, car repair 7%, rent 6%,  Mtg Rate: 6....

the Weekly FIVES Series [1 of 250]: This is the first episode of the FIVES (financial independence vs. endless struggle) in a 5 year weekly series. We aim to advocate for the financial underdog, redefining wealth by providing the unlock to save hard-working humans 10-15 years of the 9 to 5 grind. This episode is all about leveling-up our knowledge on the current financial backdrop in the U.S. to h...

Why do we work 9 to 5 until we are 65?  Why is it most common to work 45 years only to get maybe 5 good years?  Why isn't financial literacy a focus in high school, college, or life in general?  There are unfortunate truths behind all of this, but it doesn't have to be this way.  It's time to take back control, we live in a different era, financial freedom is closer than you think.....

LIT episode 18:  On a drive from Pullman back to Seattle, and only one month into her college career, my daughter and 4 of her friends were traveling westbound on I-90 and just crossed over the Columbia River in Vantage.  The car began to smoke, caught fire, and the kids pulled over.  As fate and luck would have it, Jimmy Sandusky spotted the fire and rushed in to get the kids out and extinguish t...