1: Introduction to Millennial Money Minutes

Our introduction to Millennial Money Minutes includes our backgrounds and our goal of the podcast to distill down personal finance topics in 5 minutes or less.

27 Sep 12:27

2: Budgets Suck

After our experience of budgeting we share when they’re useful and necessary. We also share why we think budgets suck and why we don’t use them today.

27 Sep 12:27

3: Automated Savings

Strategies we utilize for automated savings. We would agree that spending is what is left after saving, not saving is what is left after spending.

27 Sep 12:27

4: Active vs. Passive Funds

Based on the investment strategy, it can make sense to use passive funds. Other times active funds make more sense. Here’s our take on Active vs. Passive funds.

27 Sep 12:27

5: Is A Car Worth It?

From insurance hacks to rideshare programs to moving within walking distance to work, we discuss uncommon strategies to reduce the cost of car ownership.

27 Sep 12:27

6: Should I Invest in a 401K or IRA?

We discuss the first two steps we would take if we started off investing from scratch. Should I invest in my 401k or IRA will not be complicated anymore.

27 Sep 12:27

7: Saving vs. Spending

Whether you're saving 0% or 60%, like Matt, the line between saving and spending is a difficult one to walk. Joys of life, such as travel, is money well spent.

27 Sep 12:27

8: Roth vs. Traditional IRA

From Backdoor Roth contributions to IRA Conversion Ladders, we tackle the Roth vs. Traditional IRA topic from start to finish. See which is better for you.

27 Sep 12:27

9: Index Funds

Index Funds offer us a low cost entry point into buying a slice of the entire economy. See how the vast majority of active funds fall short of market returns.

27 Sep 12:27

10: How To Save Money

The biggest way to capitalize on savings is by tackling the largest expenses first. We share our two biggest life hacks on How to Save Money.

27 Sep 12:27

11: Rent vs. Buy

Learn two perspectives on whether you should rent or buy a home depending on where you are in your financial life.

27 Sep 12:27

12: Millennial Retirement

Learn how Millennials are redefining what retirement means and taking control of their futures.

27 Sep 12:27

13: The Power of Habits

Learn how habits are the key to building wealth and achieving financial independence.

27 Sep 12:27

14: One Month Podcast Update

Thank you for over 4,000+ Millennial Money Minutes downloads in the first month! We appreciate all the love. Please leave a review and subscribe if you enjoy the podcast.

27 Sep 12:27

15: The Love of Money

Do you love or hate Money? Our relationships with money are complicated. Money is just a tool and an abundant resource. But it isn't everything. Learn how Grant and Matt think about Money in this episode.

27 Sep 12:27

16: Paradox of Frugality

In this episode we explain two frugality paradoxes - moral liscensing and lifestyle inflation.

27 Sep 12:27

17: Money Goals

Learn about two of our primary money goals. Matt hits a zero net-worth and Grant returns to frugality.

27 Sep 12:27

18: The True Cost of Anything

That cup of coffee cost more than you think. In this episode we cover how to calcuate how much money you need to earn, how much of your life you are exchanging, and the true cost of any purchase.

27 Sep 12:27

19: Rethinking Emergency Funds

Do you really need an Emergency Fund? We explain when you do/don't need an Emergency Fund and why investing it might make more sense.

27 Sep 12:27

20: Frugal vs. Cheap

There's a big difference between frugal and cheap. In this episode learn the pros/cons of each.

27 Sep 12:27

21: When Do You Need Insurance

Insurance can be expensive and sometimes not worth it. Learn when insurance is a great investment.

27 Sep 12:27

22: The Millionaire Next Door

New Series: Best Personal Finance Books in 5 minutes or less. First up The Millionaire Next Door by Thomas Stanley.

27 Sep 12:27

23: Maximize Your Value

Learn How to Maximize Your Value and Make More Money. It's easier than you think.

27 Sep 12:27

24: Credits Cards

We share very different perspectives on credit cards and a bit of travel hacking.

27 Sep 12:27

25: Money and Happiness

Can money make you happy? Our answers may surprise you.

27 Sep 12:27

26: Minimalism

We explore minimalism and living with less.

27 Sep 12:27

27: Interview: Gwen @FieryMillennial

A chat with Gwen from FieryMillennials.com. Learn how she saved $100K by 25.

27 Sep 12:26

28: Day Trading Sucks

Learn why day trading sucks (for most investors).

27 Sep 12:26

29: Matt in The Hot Seat

Matt is in the hot seat! Learn more about Matt @DistilledDollar.

27 Sep 12:26

30: Grant in The Hot Seat

Matt interviews Grant @MillennialMoney.

27 Sep 12:26

31: Right Amount of Risk

Why determining your personal risk tollerance is essential to investing.

27 Sep 12:26

32: Actually Meet Your Money Goals

Two very different approaches to actually meet your personal money goals.

27 Sep 12:26

33: Time Value of Money

Invested money is worth significantly more in 5, 10, 20+ years than the same money today. But we naturally aren't wired to think about future value, so we have to work harder to build the habit. Learn how you can leverage the time value of money.

27 Sep 12:26

34: Are Stocks Too Expensive

The Dow just hit 20,000 and stock price/earning ratios are at all time highs. We share two different perspectives on whether now is a good time to invest in stocks or if stocks are just too expensive.

27 Sep 12:26

35: 80/20 Principle

We discuss the revolutionary 80/20 principle - which helps you identify the 20% that generates 80% of the results across all areas of your life. Maximize your time, effort, and ROI.

27 Sep 12:26

36: Interview: Kevin @FinancialPanthe

We interview Kevin aka the Financial Panther, a side-hustling lawyer who paid off $87,000 in student loans, and has the best company retirement benefits ever.

27 Sep 12:26

37: Escaping Guilt

Learn how to escape guilt - the main reason most people abandon their financial plans.

27 Sep 12:26

38: Interview: Chris @KeepThrifty

We chat living experiments and finance spreadsheets with Chris from KeepThrify.com.

27 Sep 12:26

39: Your Money or Your Life

We share the highlights from one of the best personal finance and financial independence books of all time.

27 Sep 12:26

40: Sides Hustles

Should you start a side hustle? Probably, but here's what you need to know. Hustle, but smart.

27 Sep 12:26

41: Asset Allocation

One of the most important investment decisions you need to make. How to really think about asset allocation.

27 Sep 12:26

42: Best Online Savings Tools

Saving money > not saving money. We share our favorite online savings tools, including Amazon subscribe & save, Wikibuy, and others!

27 Sep 12:26

43: Value Investing

Learn the investing strategy of Warren Buffett, the most successful investor ever. Value investing is a proven investment strategy worth exploring. 

27 Sep 12:26

44: Robo-Advisors & Betterment

Should you use a robo-advisor? How we think about robo-advisors and letting algorithms manage your money. We use Betterment and Grant's experience as one example.

27 Sep 12:26

45: Your Life Strategy

Most people don't get "Strategy". Learn how to build a strategy for your life and money.

27 Sep 12:26

46: Real Estate Investing

We share two different perspectives on real estate investing, including when it does or doesn't make sense.

27 Sep 12:26

47: Don't Regret This

Regret is one of the most powerful human emotions. Learn how to reduce regret with money.

27 Sep 12:26

48: Student Loans

Student Loan debt has hit $1.5 Trillion in the US alone. It's an epidemic. Hear two perspectives on the crisis.

27 Sep 12:26

49: Giving Back

Giving back is a powerful force for making yourself and the world a better place.

27 Sep 12:26

50: Motivation

Two different perspectives on how to stay motivated and build wealth.

27 Sep 12:26

51: WTF is Money?

Money is personal, universal, and infinite. Learn how we think about money.

27 Sep 12:26

52: Billion Dollar Habit

Learn this habit from Billionaire Warren Buffet that's been essential to his success.

27 Sep 12:26

53: Student Loans or Investing?

Should you pay back your student loans or invest the money instead?

27 Sep 12:26

54: Good, Better, Best

Learn how to make good, better, and the best money decisions.

27 Sep 12:26

55: Podcast Update: 50K Downloads

A quick update on the podcast. Over 50K Downloads in 2.5 months and 75 episodes recorded! Thank you for sharing and listening. Much love.

27 Sep 12:26

56: Warren Buffett

We discuss what makes Warren Buffett the greatest investor of all time.

27 Sep 12:26

57: Money Excuses

Learn how to stop making money excuses and save more, invest more, and build wealth.

27 Sep 12:26

58: Mortgage or Invest?

We answer a Twitter question from @thegroundedeng "What are your thoughts on paying down a home vs. investing the difference?"

27 Sep 12:26

59: Productive Procrastination

Learn to beat productive procrastination and be more productive!

27 Sep 12:26

60: Save Money Eating Out

Learn how to save money eating out and on food delivery!

27 Sep 12:25

61: Interview: J. Money @BudgetsAreSexy

We chat with the one and only J. Money for our first extended interview. J. Money is one of the world's top personal finance bloggers and has been writing about money for 9 years at BudgetsAreSexy.com and RockstarFinance. It's was a true honor and an awesome conversation.

27 Sep 12:25

62: How Much Do You Really Need To Save?

Learn how much money you should be putting away for the future. It's probably not what you expect.

27 Sep 12:25

64: Empathy as a Path to Wealth

Many of the world's most successful people have mastered empathy. Learn how you can too.

27 Sep 12:25

65: Learning To Say No

One of the most powerful skills you can develop is saying "No". Learn why and how to master it.

27 Sep 12:25

66: Maximize Happiness

We share two different perspectives on how to maximize your happiness.

27 Sep 12:25

67: Simple Money Habits

 Our favorite and most effective simple money habits.

27 Sep 12:25

68: How To Talk About Money

Money is one of the most taboo topics on earth. Learn how and why it's so important to talk about money.

27 Sep 12:25

69: AI & The Future of Money

Artificial Intelligence will soon change all of our lives. What AI's impact be on money? We get a little crazy with this one. 

27 Sep 12:25

70: What To Do With $1,000

We get asked this question all the time. We share 2 different perspectives on what to do with the next $1,000.

27 Sep 12:25

71: FOMO

FOMO is the new keeping up with the Joneses and destructive on our finances. Learn how to fight it. NOMO FOMO.

27 Sep 12:25

72: Interview: Erin Lowry @BrokeMillennial

We chat with Erin Lowry from BrokeMillennial.com about her new book, how to manage money in a couple, how to talk to your friends about money, and much more.

27 Sep 12:25

73: Opportunity Costs

Whenever you are doing something you are choosing not to do something else. Learn how to think about opportunity costs and use them to your advantage.

27 Sep 12:25

74: Refinancing

Learn when to refinance and why it's so valuable.

27 Sep 12:25

75: Abundance vs. Scarcity

Learn how to use abundance and scarcity to your advantage when building wealth.

27 Sep 12:25

76: What's Your Investing Rate

Learn why you should start thinking about your investing rate in addition to your savings rate. 

27 Sep 12:25

77: Will Starbucks Break The Bank?

Is that Starbucks coffee your barrier to saving? Maybe or maybe not. Let's see.

27 Sep 12:25

78: Interview: Brandon @MadFientist

We tackle investing, travel hacks, early retirement, and more with Brandon from MadFientist.com and the Mad Fientist podcast. Brandon shares how he retired in his early 30's and is now optimizing his budget and lifestyle.

27 Sep 12:25

79: Making Money vs. Not Losing Money

Is it better to make money or not lose money? Why an abundant mindset is so essential to building wealth.

27 Sep 12:25

80: Ultimate Saving Hacks

Check out our favorite saving hacks and how to save more money.

27 Sep 12:25

81: Podcast Update 100K Downloads

Hang out with us and Post Malone as we celebrate 100,000 podcast downloads in our first 3 months. Thank you for the all of the questions, support, and sharing us with your homies. Much love.

27 Sep 12:25

82: When will we be Millionaires?

Learn a few ways to figure out how to become and when you will become a millionaire. You might be closer than you think.

27 Sep 12:25

83: Employee to Investor

Transitioning from employee to investor is the essential step to building wealth, early retirement, and achieving financial independence.

27 Sep 12:25

84: Interview: Julie @MillennialBoss

ALL THE WAY FROM THE BAY we chat with Julie @MillennialBoss from MillennialBoss.com about how she increased her salary 600%, her women in tech girl boss mindset, and pursuing financial independence.

27 Sep 12:25

85: Is Early Retirement Possible?

We get asked this question all the time - is early retirement possible? It's probably more possible than you think.

27 Sep 12:25

86: Timing The Stock Market

Learn when timing the stock market does and doesn't work, and why a stock market drop is really an opportunity.

27 Sep 12:25

87: Best Money Books

We share the best money books we've ever read.

27 Sep 12:25

88: Tax Refund Tips

What you should do with your tax refund this year. Hint: Don't gamble it away.

27 Sep 12:25

89: Is A Wedding Worth It?

Grant interviews Matt and Marina, the future Mrs. Distilled Dollar, on whether a wedding is worth the money.

27 Sep 12:25

90: Interview: Bobby @GenYMoneyMan

A next-level interview with Bobby from MillennialMoneyMan.com about student loans, mentors, launching an online business, why you don't deserve a new car, and a ton more.

27 Sep 12:25

91: The Habits of Wealth

We share a few small habits that make you millions of dollars richer in the future and share how you can best add new habits into your life.

27 Sep 12:25

92: Sunny Day Money Fund

How to use a sunny day money fund for guilt-free spending and splurging.

27 Sep 12:25

93: Short Term Investing

We share two different short-term investing strategies.

27 Sep 12:25

94: Realistic Investing Returns

How much should you realistically expect to make on your investments in the future?

27 Sep 12:24

95: Knowledge = Money

Learn why selling your experience is the key to making more money and the ROI of learning about money.

27 Sep 12:24

96: Money Anxiety

How we each overcame money anxiety - the biggest barrier to building wealth.

27 Sep 12:24

97: How We Invest

Learn the similarities and differences in our investing strategies.

27 Sep 12:24

98: Mortgages

Learn how we feel about mortgages, as Matt saves up and Grant recently refinanced.

27 Sep 12:24

99: Taking Care of Your Parents

Why it's important to chat about money with your parents and how we do it.

27 Sep 12:24

100: Entrepreneur vs. Solopreneur

In our 100th episode we explain the differences and pros/cons of being a solopreneur vs. entrepreneur.

27 Sep 12:24

101: $100 Per Week

What is the impact of saving and investing $100 per week? A lot more than you think.

27 Sep 12:24

102: Should You Save The Date?

We are both getting invited to a ton of weddings, which can get expensive. When should you save the date?

27 Sep 12:24

103: Advice to New College Grads

Are you, or someone you know, graduating from college? Here's our advice.

27 Sep 12:24

104: Money Scams

How to spot and avoid money scams. We share practical tips that could save you from scammers.

27 Sep 12:24

105: The Hustler Mindset

Hustle is often a misused term. Why we think a hustler mindset is so important for both your money and your life.

27 Sep 12:24

106: Interview: Jen Sincero @JenSincero

Grant chats with Jen Sincero, the #1 NY Times Bestselling author of You Are A Badass, about her new book You Are A Badass At Making Money, overcoming fear, gratitude, how she went from living in a garage to making seven figures and a whole lot more. We went pretty deep and had a ton of fun.

27 Sep 12:24

107: Invest in Yourself

Why investing in yourself is the most important investment of all. We share our favorite ways we invest in ourselves.

27 Sep 12:24

108: Is $1 Million Enough?

Grant and Matt discuss two different perspectives on whether $1 million is enough for retirement and what $1 million really means.

27 Sep 12:24

109: The Fulfillment Curve

How to find happiness at the top of the fulfillment curve.

27 Sep 12:24

110: CASH MONEY

Let's chat CASH. Warren Buffett is sitting on $86 Billion and we are sitting on hardly any cash. When and why it might make sense to increase your cash reserves.

27 Sep 12:24

111: Budgets Still Suck

Happy Cinco de Mayo. Why we think budgets still suck and are the biggest barrier to saving more money.

27 Sep 12:24

112: Quick Spending Hacks

These habits save us a ton of money. Here are a few hacks we use to spend less and think twice before any purchase. 

27 Sep 12:24

113: Biggest Money Mistakes

We reveal our biggest money mistakes.

27 Sep 12:24

114: Real Estate vs. Stock Investing

The real estate vs. stock investing throwdown - which one is a better investment?

27 Sep 12:24

115: Lifestyle Inflation

As you make more money, it's so easy to spend more money. Learn the best ways to avoid lifestyle inflation.

27 Sep 12:24

116: 401k Optimizations

How to best optimize your 401k and make the most of your tax-advantaged accounts.

27 Sep 12:24

117: Interview: Scott Trench on "House Hacking" @STrenchBP

We interview Scott Trench, the 26-year-old Denver real estate investor, VP at Bigger Pockets and author of the new book Set For Life. He shares a ton of next level recommendations on how to live for free, make money house hacking, and build your financial runway. To learn more check out Scott's Milllennial Money post on House Hacking.

27 Sep 12:24

118: 4 Hour Workweek?

We discuss the Tim Ferriss classic and explain what we learned, and use today from the book. Grant gets a virtual assistant and more.

27 Sep 12:24

119: Radical Transparency

How radical transparency has transformed our relationships with money and can transform yours too.

27 Sep 12:24

120: Can You Really Save Too Much Money?

How much money do you need to save and can you really save too much?

27 Sep 12:24

121: Down Payments

Do you want to buy a home? You probably need less month than you think. We share multiple perspectices on down payments, homeownership, and real estate investing. 

27 Sep 12:24

122: Job Security vs. Passion

Some people really love their jobs and some people don't. We share two perspectives on why you don't have to choose between your job and you passion.

27 Sep 12:24

123: Quickest Way to a Million

What's the quickest way to become a millionaire? We discuss different approaches that work and pitfalls to avoid when it comes to investing and growing a million dollar portfolio.

27 Sep 12:24

124: Is Quality Worth It?

When is it worth it to pay more for higher quality. What is quality anyway?

27 Sep 12:24

125: Prenup?

Prenups and divorce! We explore this topic to see if there is value in a prenup and if the conversation is a smart one to have.

27 Sep 12:23

126: How Much House Can I Afford?

How much house can I afford? Luckily, we're not asking our bankers - but here are some great takeaways on reducing the cost of that roof over our heads.

27 Sep 12:23

127: The 1% Mindset

What helps us reach financial freedom faster? The 1% Mindset is a great first money hack, especially early on.

27 Sep 12:23

128: Interview Helaine Olen @helaineolen

We were super stoked to chat with Helaine Olen, the best selling author of Pound Foolish and The Index Card, and columnist for The Nation. Helaine's book Pound Foolish is an examination of the shady personal finance industry and one of our favorite books. We covered a ton of topics, including dispelling money myths, women investors, money managers, compound interest, index funds, how the rich get richer, and what the 401k was originally created for. There is so much money wisdom and advice from Helaine in this interview - definitely check it out. 

27 Sep 12:23

129: Summer Savings Plans

With Summer around the corner we explore our Summer Savings Plans, which include ways to distract ourselves from too much spend, investing in individual stocks, and more...all while enjoying the good life. Enjoy!

27 Sep 12:23

130: Minimalism 2.0

Minimalism 2.0 is our deeper dive into the core benefits offered by minimalism.

27 Sep 12:23

131: Our Biggest Asset

What's your biggest asset? Are you leveraging the resources at your disposal, or are you working on ways to increase the capacity for your assets to earn more? Here are our biggest assets.

27 Sep 12:23

132: Cats vs Dogs

We weight in on the eternal debate to see which is less expensive for our lifestyle. Here's Cats vs Dogs and our take on owning pets as Millennials, plus a few ways to save money for our pets.

27 Sep 12:23

133: How to Get a Raise

We tackle the simplest, most effective ways we can get a raise. We also tackle this subject from your employer's point of view: what is your boss looking for and what leads to yes!

27 Sep 12:23

134: Interview Elle Martinez @CoupleMoney

We share a ton of laughs and talk all things managing money in a relationship, with Elle Martinez the Founder and host of the Couple Money Podcast, CoupleMoney.com, and the author of the upcoming book titled Couple Money. In her new book, Elle shares a four-step process that will help any couple get their finances together. Check it out.

27 Sep 12:23

135: The Mind on Money

The mind is a powerful tool when it comes to harnessing the benefits from money. The mind can also trip us up, big time! Here's our take on The Mind on Money!

27 Sep 12:23

136: Individual Stocks

Is Index Investing the real deal? Is picking and choosing winning stocks the ideal investing method. We tackle this and Grant reveals a surprising secret about his net worth.

27 Sep 12:23

137: Grant's Book Deal

Grant landed a book deal! Today's post dives behind the scenes to uncover some of the exciting new details related to Grant's book deal -- listed now to hear the inside scoop!

27 Sep 12:23

138: How to Get The Dream Job

Today's discussion tackles how to get THE job, or that "Dream Job" you've been craving. We discuss the strategies used and our approach along with if the opportunity is right for you.

27 Sep 12:23

139: Chill as Hard as You Hustle

Balance is often sought after, but rarely attained...especially in the West. Here we tackle this simple idea and the benefits it offers our finanical well being.

27 Sep 12:23

140: Index Funds 2.0

We respond to a listener question from Cody Harter, who asks "I was wondering if you could do a show on index funds. Things like what to look for, fee's, and just overall how to find the best ones." Thanks for asking Cody.

27 Sep 12:23

141: Simple Money Mistakes

These are the simple money mistakes that we make that are easy to fix.

27 Sep 12:23

142: Zen of Saving

How to find your balance between spending and saving.

27 Sep 12:23

143: How To Start Investing

We get this question all the time. How and where to start investing.

27 Sep 12:23

144: Millennial Money Course

We have been working hard on the Millennial Money course for the past 6 months. Check out a preview and sign up for updates at http://course.millennialmoney.com

27 Sep 12:23

145: 10 Things Rich People Do

Grant and Matt list through 10 things rich people do - specifically, the 10 common princples found in the most successful, happiest, and wealthy individuals.

27 Sep 12:23

146: 4 Phases of Financial Independence

We walk through the 4 Phases of Financial Independence. See which phase you're on and see how you can move on closer to reaching FI.

27 Sep 12:23

147: The Stock Market Myth

Here's The Stock Market Myth we all see and hear each day - technical analysis. We explain how this impacts our investment decisions and what we can do to better our investment portfolios.

27 Sep 12:23

148: TBT - How to Save Money

Welcome to our first Throwback Thursday episode! We wanted to share with you with of the most popular early episodes on How to Save since many new listeners are now on the podcast. Enjoy!

27 Sep 12:23

149: How to Access 25% Returns

Never pass up money that's left on the table - this is the only case where we see guaranteed 25% returns for the money we invest. 

27 Sep 12:23

150: Self Awareness

Learn how self-awareness is the key to wealth in this episode.

27 Sep 12:23

151: Personal Loans To invest

We answer a listener question from Dan - "Should I take out a personal loan to invest?"

27 Sep 12:23

152: Money Can't Buy You Life

Bob Marley's famous last words were reportedly "Money Can't Buy You Life". We discuss this idea and more in today's episode.

27 Sep 12:23

153: Crush Debt

Debt is the number 1 barrier holding most people back. Here's why you need to crush it as soon as possible.

27 Sep 12:23

154: America's First Early Retiree

Happy 4th of July weekend. In today's episode, we honor America's First Early Retiree. Have a nice weekend everyone! 

27 Sep 12:22

155: Save on Summer Travel

It's never been easier to travel for less, or even free in many cases. Here's how to save on summer travel.

27 Sep 12:22

156: Best First Investment

What is the best first investment you can make? We share two different opinions in today's episode.

27 Sep 12:22

157: Modern Portfolio Theory

We share two very different perspectives on Modern Portfolio Theory, and maximizing investing returns vs. risk.

27 Sep 12:22

158: TBT: Saving vs. Spending

For Throwback Thursday, here's an early, but essential, episode on spending vs. saving. Learn how to find our saving vs. spending balance.

27 Sep 12:22

159: When Do You Sell?

This is a big question. When is the right time to sell your investments? Check it out!

27 Sep 12:22

160: Cost of Convenience?

Almost anything is available with a few clicks on your phone. But it comes at a price. What's the true cost of convenience? 

27 Sep 12:22

161: Frugality Challenge

How to reset your mindset, get back on track, and build better habits through a frugality challenge. Matt just started one and gives you tips for how to spend less and save more.

27 Sep 12:22

162: Hitting The Wall

It happens to all of us, we hit the wall - in our life, with our plan, with our investments. Here's what to do when you hit the wall and how it could actually be your greatest opportunity.

27 Sep 12:22

163: TBT: Budgets Suck

For Throwback Thursday we go way back to why Budgets Suck and you might not need one.

27 Sep 12:22

164: Can You Save $50 A Day?

Research shows that focusing on daily saving, instead of weekly, or monthly helps you save a ton more. But can you save $50 a day? It's a simple way to think about fast tracking retirement. Check it out.

27 Sep 12:22

165: Side Hustles and Multiple Income Streams

Today's episode is a sneak peak into one of the most popular videos we have filmed out of the 40+ to date. We are excited to share with you the isolated audio track. Enjoy!

27 Sep 12:22

166: Is Passive Income Legit?

There are so many stories of passive income success, but is passive income legit? Is it actually possible?

27 Sep 12:22

167: Most Profitable Side Hustles

Any side hustle can be insanely profitable with this one strategy.

27 Sep 12:22

168: TBT 401k or IRA?

For TBT we take it back to episode 6, where we discuss where's it better to put an extra $1k - into your 401k or IRA?

27 Sep 12:22

169: Income or Expenses? Which is MORE Important?

We tackle the recently discussed topic of which is MORE important: increasing our income or reducing our spend. We tackle how frugality has a limited upside but is essential to avoid future income from being overspent. Plus why increasing income is our answer today.

27 Sep 12:22

170: 80/20 Principle Applied to the Max

We talk a lot about the 80/20 but here we dive into the biggest examples we find. The first is the lollapalooza effect and the second is strategy. We dive into more on what produces the vast majority of our results for only 20% of the effort.

27 Sep 12:22

171: Becoming a Homeowner

Fresh off the experience of buying his first home, Matt shares some of the pitfalls he avoided and lessons learned in the experience. Grant offers up his take on what works and doesn't in the homebuying game.

27 Sep 12:22

172: ChangEd App

In this bonus episode, we interview Dan and Nick, the brother co-founders of ChangEd, an app that rounds up your purchases to pay off your student loans. If you have student loans you should definitely check it out.

27 Sep 12:22

173: Automatic Savings - What We Do

Automatic Savings is easier said than done so Grant and Matt walk through their best habits and recap the strategies put into action. See if you can copy an approach or two in your own lives to save money.

27 Sep 12:22

174: 5 Stages of Financial Freedom

Financial Freedom can be gained in stages, specifically five of them altogether. If you are on the path to early retirement or just getting started learning about money, either way, check it out to see which Financial Freedom stage you are in.

27 Sep 12:22

175: Millennial Money 2.0

Today's announcement features a big announcement. We're excited to be providing some killer content via podcasts, videos, free courses, etc. over the next 9 months. Here's what we're talking about...

27 Sep 12:22

180: Cash Flo

Why cash flow is so essential, why it gets tougher as you make more money, and how to manage it.

27 Sep 12:21

181: Mad Cash IRA Conversion Ladder

IRA Conversion Ladders are a great money hack. Check out how you can use them effectively.

27 Sep 12:21

182: $1,400 iPhone

WTF? Yeah, it's on the way. We discuss whether a $1,400 iPhone is worth it.

27 Sep 12:21

183: Why We Fear Losing More Than We Enjoy Winning

Research shows that it hurts 2x more to lose than it does feel good to win. How to use this to your advantage.

27 Sep 12:21

184: Close The Loop

How to make faster decisions, be happier, and more successful. We discuss hedonistic adaptation.

27 Sep 12:21

185: How Much Do You Need To Retire?

We answer one of the most popular questions we get - how much do you actually need to retire. Hint: It might be less than you think.

27 Sep 12:21

186: Exceptional Savers

We answer a listener question from Bond - "How much should I save and is it before or after taxes?" We discuss exceptional savers in this episode.

27 Sep 12:21

187: Credit Card Confessions

We chat about credit cards and reveal some secrets.

27 Sep 12:21

188: Simple Side Hustles

Ready to side hustle? Here are some simple side hustles you can use to start diversifying your income streams.

27 Sep 12:21

189: Smart Ways To Spend When Traveling

Here's some of our top tips for saving money while traveling.

27 Sep 12:21

190: How Much Time Should You Spend On Your Money

We share how much time we spend, and recommend you spend, managing our money daily, weekly, monthly, and annually.

27 Sep 12:21

191: Is Vanguard The Only Option?

Vanguard received 7x more deposits than any other brokerage last year. While we are huge fans, is Vanguard the only option?

27 Sep 12:21

192: Money Guilt

Money is often surrounded by guilt - we regret spending too much or saving too little. We share our perspectives on money guilt and how we manage it.

27 Sep 12:21

193: Effective Hourly Rate

How much do you make per hour? Unfortunately, it's probably less than you think. Learn how to calculate and use your effective hourly rate.

27 Sep 12:21

194: Dollars or Percentages?

Which helps you save more? We share how we use both dollar and percentage calculations to save more money.

27 Sep 12:21

195: Estimated Retirement Number

How can you even begin to realistically calculate your retirement number?

27 Sep 12:21

196: Quickly Escape Living Paycheck to Paycheck

The biggest first barrier many people have with money is escaping living paycheck to paycheck. Here's how you can do it quickly.

27 Sep 12:21

197: When To Leave Your Job

More and more side hustlers are asking us when they should leave their jobs and pursue their passion full time. Here's our thoughts.

27 Sep 12:21

198: Are Brands Dead?

No seriously, are brands dead?

27 Sep 12:21

199: Monte Carlo Simulations

Why we often question the output, when we agree on the inputs - and what that means for your personal finances.

27 Sep 12:21

200: FIRE Drill - Real Estate Investing w/ @GuyOnFire

We are so stoked to premiere a new series on the podcast. On some Sundays we will now be syndicating our favorite episodes from the FIRE Drill Podcast, hosted by our good friends Gwen @FieryMillennial and J @MillennialBoss. In these episodes, they chat with cool people who are creating financial independence in creative ways (that you can also use!). Since the beginning, we have always envisioned Millennial Money as a collective of generational voices and are pumped to start showcasing other's stories.

27 Sep 12:21

201: Is Warren Buffett Overrated?

Is Warren the best investor of all time, does he still have it, and is value investing still possible? 

27 Sep 12:21

202: Dark Side of Automation

Every talks about how automation is the key to building wealth - but what if it's actually what's holding you back? We explore the dark side of automation.

27 Sep 12:21

203: Savings vs. Frugality

Are savings and frugality the same thing? We share two different opinions in this episode.

27 Sep 12:20

204: Should You Stay In Stocks?

Every day it feels like stocks are hitting new records? But they are insanely expensive! Should you stay in stocks? We share two different perspectives.

27 Sep 12:20

205: Rich Dad Poor Dad

We discuss the immensely popular but polarizing personal finance book, Rich Dad Poor Dad.

27 Sep 12:20

206: Living Expenses vs. Life Expenses

How to best prioritize between living and life expenses!

27 Sep 12:20

207: Early Retirement Back In The Day

When did people start thinking about early retirement and what do it mean for you?

27 Sep 12:20

208: The Rule of 72

The rule of 72 is an easy way calculate how long it takes for your money to double and triple when invested. We explain it and more!

27 Sep 12:20

209: Curb & Eliminate Impulse Spending

In our recent survey of listeners and readers, you all highlighted that impulse spending was a huge challenge. Here's how we curb and try to eliminate our impulse spending.

27 Sep 12:20

210: From 0 to 1%

The first step is the most important. How to go from 0 to 1% in all areas of your money life.

27 Sep 12:20

211: FIRE DRILL - Crush Student Loans w/ @StudentLoanTrav

Sunday Syndication. Travis is an expert on student loans and has helped his clients save millions of millions of dollars on their student loans. He's legit and drops a ton of wisdom in this episode. The FIRE Drill Podcast is hosted by our good friends Gwen @FieryMillennial and J @MillennialBoss. In these episodes, they chat with cool people who are creating financial independence in creative ways. Since the beginning, we have always envisioned Millennial Money as a collective of voices and are stoked to syndicate our favorite FIRE Drill episodes.

27 Sep 12:20

212: Should Your Max Your 401k?

We cover a ton about how you should be using your 401k and when it makes sense to max it out in this episode.

27 Sep 12:20

213: Finance Throwdown: My Cousin Clay

We analyze the financial situation of my cousin Clayton and make recommendations for the best path forward. We cover credit card debt, student loan, debt, and a lot more.

27 Sep 12:20

214: Frugality Challenge Result

Matt has completed his 90 day frugality challenge - here's what he learned and what you can too.

27 Sep 12:20

215: Number One

We live in a world where number 1 is viewed as the best, but more often than not it's just a distraction from our own goals, our own "why".

27 Sep 12:20

216: Money Is Not The Goal, Time Is

What are you working so hard for? What's the ultimate goal? We discuss why time is both more valuable when you are younger and older. To learn more: https://millennialmoney.com/money-is-not-the-goal/

27 Sep 12:20

217: How Much Should I Spend?

It's often tough to determine how much money to spend and on what. We analyze this question and share two very different perspectives.

27 Sep 12:20

218: Savings Rate Fail

We chat about savings rates and Matt reveals his fail!

27 Sep 12:20

219: Safe Withdrawal Rates

We discuss early retirement, how much money can you withdrawal to live on for the rest of your life, and a bunch of other stuff in 5 minutes!

27 Sep 12:20

220: Interview Coach Carson @CoachChadCarson

We had the pleasure to chat with Chad Carson aka Coach Carson about how he reached financial independence by building a real estate portfolio and how you can too. We also cover a ton of other topics like mentorship and investing - there is so much value in this episode. Definitely, check it out.

27 Sep 12:20

221: Can You Actually Make Money Online?

So many people ask us this question - so here's whats up.

27 Sep 12:20

222: Happy Life

What makes for a happy life? And how does money fit in?

27 Sep 12:20

223: End of Year Money Goals

We share our end of year goals and what we recommend.

27 Sep 12:20

224: Most Important Concept in Financial independence

We go so many places in this episode and cover some big topics.

27 Sep 12:20

225: Networking Sucks

Why networking sucks sometimes and what to do instead.

27 Sep 12:20

227: Buy Back Time

When does it make sense to buy back you time and how can you do it?

27 Sep 12:20

228: Money Check-Ins

We share how often we do money check-ins and what we recommend.

27 Sep 12:20

229: Listener Question: What Do You Include In Your Savings Rate?

We answer a question from Mark who lives in San Francisco about what should and shouldn't be included in your savings rate calculation.

27 Sep 12:20

230: How Much Should You Invest In Yourself?

Coaching and courses are growing in popularity - but when are they worth and how much should you invest in yourself?

27 Sep 12:20

231: 1 Million Downloads

Whoah - we hit our yearly goal over 2 months early. We've hit 1 million podcast downloads in less than a year. Thank you all so much for listening - we couldn't do this without you. Keeping sending us your questions. Much love.

27 Sep 12:20

232: Revisiting Your Biggest Expenses

Oh yeah, here's where you can really save the most money.

27 Sep 12:19

233: Monday Motivation

How to get and stay motivated on a Monday!

27 Sep 12:19

234: Why You Shouldn't Wait

What to do with your money, job, and dreams.

27 Sep 12:19

235: How To Respond To Tax Reform

Tax reform might seem boring, but it can have a huge impact on your life. Here's how to respond.

27 Sep 12:19

236: Side Hustles 3.0

We're back for the third time chatting side hustling and making extra money.

27 Sep 12:19

237: Why You Should Invest in Bitcoin

Bitcoin just hit $10k, here's what you should do!

27 Sep 12:19

238: Tax Evasion

Be careful, it's a crazy world out there....

27 Sep 12:19

239: Simply Complex Money

Money can be complicated - so we break it down in the probably the craziest episode we've ever done.

27 Sep 12:19

240: Fixed Income Risk

Oh no - can you really rely on fixed income?

27 Sep 12:19

241: The Bigger Purpose

What's the purpose of all this money stuff?

27 Sep 12:19

242: Escaping the 9 to 5

A few months late, but here's how to escape your 9 to 5!

27 Sep 12:19

243: What Should You Invest in First?

Too many people invest in the wrong things. Here's what you should invest in first. Share this with everyone you know! Let's get the word out.

27 Sep 12:19

244: What's Holding You Back?

No matter what you want to do, what's really holding you back?

27 Sep 12:19

245: How To Talk About Money With Your Family

Here's how to have those money convos with your family and not make it super awkward! Happy Holidays. 

27 Sep 12:19

246: Entrepreneur 2.0

Are you an entrepreneur?

27 Sep 12:19

247: Making Money vs. Saving Money 2.0

We kick off the New Year with an important episode. Is making more money more important than saving more money?

27 Sep 12:19

248: Shift From Saying Yes to No

Why and when to make the shift from saying yes to no can help you make more money and live a richer life.

27 Sep 12:19

249: Is Debt Crushing You?

What is good debt vs. bad debt and how to eliminate the debt that's crushing you.

27 Sep 12:19

250: Ben Franklin 2.0

We chat about America's first early retiree and what we can all learn from him.

27 Sep 12:19

251: Gain A Competitive Advantage

Learn how to gain a competitive advantage in your business and life.

27 Sep 12:19

252: The Value of Time

As we start the New Year let's revisit the value of time - our most precious asset.

27 Sep 12:19

253: Money Resolutions

What money resolutions did you make and are you still sticking with them?

27 Sep 12:19

254: How To Get Comfortable With Risk

Managing risk is an essential component of investing and life. Here's how to get comfortable with it in all areas of your life.

27 Sep 12:19

255: From Zero to One

How to make that small yet massive leap in money and life.

27 Sep 12:18

256: How To Travel The World For Less

It's never been easier to travel the world for less money. Here's how we do it.

27 Sep 12:18

257: Crush The Money Taboo

Talk about money. Here's why.

27 Sep 12:18

258: Money Habits 2.0

How to pick, evaluate, and make new money habits or ditch them if they aren't working.

27 Sep 12:18

259: Reflecting on Money

We spend so much of our time consuming, but little time examining and then creating.

27 Sep 12:18

260: How High Can Stocks Go?

Stocks are at all-time highs, how high can they really go?

27 Sep 12:18

261: Skills As Future Currency

The skills you have in the future will be more valuable than anything else. Here's why and how to build new ones.

27 Sep 12:18

176: How To Make More Money

Making more money almost always comes down to this one thing.

27 Sep 12:22

177: Target Date Retirement Funds

We answer a reader question and discuss the pros/cons of target date retirement funds.

27 Sep 12:22

178: Immediate Mastery

It's widely believed that it takes 10,000 hours to become an expert, but here's how to do it much faster. It's not what you think.

27 Sep 12:21

179: The Lean Startup

We review one of our favorite entrepreneurship books, The Lean Startup by Eric Ries

27 Sep 12:21

262: What Matters Most

How to find what matters most in money and in life.

27 Sep 12:18

263: Bitcoin Update

An update on Bitcoin and Grant's Bitcoin holdings.

27 Sep 12:18

264: Look Back To Look Forward

Why solve problems that have already been solved before? Why looking back to history is one of the best ways to find answers and direction today.

27 Sep 12:18

265: Are Stocks Too Expensive 2.0

Stocks are absolutely crushing it... but are they getting too expensive?

27 Sep 12:18

266: Ultimate Money Hacking

It's never been easier to make more money, save more money, live for free, and travel for free.

27 Sep 12:18

267: Money Hacking

Money has never been easier to hack. Here's how.

27 Sep 12:18

268: Bringing the FIRE Everyday

How to bring it every day. Happy Monday!

27 Sep 12:18

269: Savings Rate vs. Net Worth

How and why you should track both your savings rate and net worth - the two most important numbers in personal finance.

27 Sep 12:18

270: A Real Money Strategy

Why you need a real money strategy and how to build one.

27 Sep 12:18

271: Home buying Myths w/ Fannie Mae

We bust home buying myths with Jonathan Lawless from Fannie Mae.

27 Sep 12:18

272: Art and Science of FI (part 1)

In this special 2 part episode, we discuss the art and science of financial independence.

27 Sep 12:18

273: Art and Science of FI (part 2)

We discuss the art of financial independence and how to get your friends on board.

27 Sep 12:18

274: How to Scale Money

Here's how you can scale money and hit the next level.

27 Sep 12:18

275: Advanced House Hacking w/ Jacob Perez

Jacob is one of the top house hacking experts in the game. In this 30 minute deep dive interview, we dig deep into house hacking and how you can use it to make a ton of money.

27 Sep 12:18

Welcome Back - New Season 2!

Welcome to Season 2 of Millennial Money Minutes! Thanks for being patient while we took the month of March off so Grant could finish his book and we could develop some exciting new projects. We are super stoked to be back.

27 Sep 12:18

277: Make More Money

As you know one of the easiest ways to make money is through side hustling, but most people who side hustle are leaving a ton of money on the table.

27 Sep 12:18

278: Is Frugality Enough?

Most of personal finance is focused on cutting back, budgeting, and frugality but is that enough? 

27 Sep 12:18

279: Mondays

How to set yourself up to crush the week.

27 Sep 12:17

280: Fast Track Money

Getting rich quick is different than getting rich fast. We share some of our top strategies for fast tracking your money.

27 Sep 12:17

281: Homeownership w/ Fannie Mae

 Learn how you can buy a home with as little as a 3% down payment.

27 Sep 12:17

282: What's the Goal?

In this episode we talk about money, success, and what it all means.

27 Sep 12:17

283: Real Estate Investing Fail

Grant is moving to New York City and made a big mistake with his real estate investment. We chat about when investing in real estate is and isn't a good idea, as well as some of the risks.

27 Sep 12:17