080R | A Case for Survivor Compost and 2nd Generation FI.output

080R | Conversation about teaching your children to save and invest, healthcare options, and an argument in favor of home gardening and composting.

• Brad contemplates applying for “Survivor”.
• Review of Monday’s episode with Khai from AlabaMalaysia.
• How does Jonathan use the idea of “anchoring” in his own life: setting big goals so that even if he misses, good things still happen?
• Brad and Jonathan talk about how they would set little, achievable goals, to reach a larger, long-term goal.
• Jonathan talks about answering the question “What do you do?”, with comments from the Facebook group.
• How does Brad have bank account and investment accounts set up for his children?
• Is there a better way to have those accounts set up?
• Blain, from the Facebook group, wonders whether his son should start investing with a Vanguard account, or an M1 account?
• Contributions made to a Roth can be withdrawn penalty free.
• What are the best ways to support your children and help them save money, as 2nd generation FI?
• Voicemail from Jacqueline asking about financial education apps for youth.
• “7 Fun Money Apps for Kids” from U.S. News
• • PiggyBot
  • FamZoo
• How important is it to teach your children about not only budgeting to save money, but to be generous?
• What is Brad considering in regards to his family’s health insurance: HSA, health share, or considering health insurance for a small business?
• What are some complications with a health share?
• Email from Karen, about the value of gardening and composting.
• • Gardening Tips from Karen
• Is composting addicting?
• Jonathan tries to convince Brad that gardening and compositing is simple enough to start now.
• Leave a ChooseFI review to enter the drawing for a ticket to CampFI in Joshua Tree, or to receive a book.

Links:

The Simple Path to Wealth

Design Your Future

Freelance to Freedom