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#179 | Sticking to your values when there’s peer pressure

by friendsonfiremm | Dec 12, 2022 | Financial Independence, Growing Wealth, Kids, Lifestyle, Saving $

Episode Summary:   In this episode, we talk about how to stick to your values when you or your kids are faced with peer pressure. First, we talk through different types of peer pressure, from positive and negative, to active and passive. We then talk more about...

#176 | The arrival fallacy and finding happiness where you are

by friendsonfiremm | Nov 21, 2022 | Financial Independence, Growing Wealth, Kids, Lifestyle, Saving $

Episode Summary: In this episode, we talk about the arrival fallacy and what you can learn from better understanding it. The arrival fallacy is the false assumption that once you reach a big goal, you will have enduring happiness from accomplishing that goal. We...

#175 | Hygge on a budget – How to get that cozy feeling this holiday season

by friendsonfiremm | Nov 14, 2022 | Kids, Lifestyle, Saving $

Episode Summary:   In this episode, we discuss the lesser-known but universally understood concept of Hygge. Pronounced Hugg-ah or Hoog-ah, it’s the Danish concept of coziness, and it’s everywhere around the holidays. While everyone can appreciate some coziness...

#174 | Prenups aren’t just for the rich and famous – with Alexa the attorney

by friendsonfiremm | Nov 7, 2022 | Financial Independence, Growing Wealth, Kids, Lifestyle, Saving $

Episode Summary:   In this episode, we talk about all things prenup related, and we bring on a family law attorney to give you an official legal perspective on prenuptial agreements. We explain what a prenup is, why we think they are good, and how to create one...

#173 | Article: 7 ways a recession could be good for you financially

by friendsonfiremm | Oct 31, 2022 | Financial Independence, Growing Wealth, Kids, Lifestyle, Saving $

Episode Summary:   In this episode, we read and discuss a recent Washington Post article: 7 ways a recession could be good for you financially. We then share our thoughts on the recession, housing prices, savings rates, ibonds, unemployment, student loan...

#172 | Why are kids’ sports so expensive?

by friendsonfiremm | Oct 24, 2022 | Financial Independence, Growing Wealth, Kids, Lifestyle, Saving $

Episode Summary:   In this episode, we talk about the cost of kids’ sports. We dig into the benefits of kids playing sports, why the costs can be so high, and ideas for prioritizing and rationalizing these costs.   Episode Notes:   Kids’ sports...
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