Fiscally Savage: Recent Episodes
Dylan Bain
Fiscal Savage noun. 1. one who approaches their financial life in a thorough, remorseless fashion in order to live free, untamed, and outside the confines of “civilized society”
We explore how to break the chains of debt and dependency by rejecting the "approved" path. We take control and live free.
In this episode, get to know Bob Conlin, a passionate men's coach and retreat facilitator. As a devoted husband, Bob emphasizes the transformative power of emotional work and the importance of vulnerability in men's lives. He discusses the often overlooked emotional and energetic load men carry. He shares his insights into how societal norms around masculinity have encouraged men to suppress their emotions and the critical need for supportive communities where men can openly share and grow.
We discuss the importance of community and support systems, whether through therapy, coaching, or trusted friendships, to help men process their emotions and experiences. Bob describes the profound impact of retreats, which offer a safe space for men to connect, reflect, and heal. He stresses the challenge of integrating the lessons learned from these intense experiences into everyday life, advocating for small, consistent actions, and maintaining connections with others who understand the journey.
Throughout the conversation, we explore the concept of vulnerability as a pathway to personal power and authentic living. We challenge the traditional "lone wolf" mentality, urging men to embrace vulnerability and community as essential components of a fulfilling life.
Show Highlights
- [00:40] How Bob Conlin became a life coach
- [09:16] What it’s like to build a community
- [12:24] Why Bob and his team created the Alchemy of Man
- [18:35] On helping men align their paths
- [21:08] Advice for men scared to join retreats and navigate a new space
- [24:31] The energetic load that comes with being more aligned with one’s self
- [30:26] Why integrating back into life is the hardest part of the work
- [38:06] The number one challenge men are facing today and how to address it
Links and Resources
🟢 Bob Conlin’s Website → Conlincoaching.com
🟢 Bob Conlin’s Instagram → Instagram.com/relationship_alchemist
🟢 Bob Conlin’s Facebook Page → Facebook.com/bob.conlin.779
🟢 Alchemy of Men’s Website → Alchemyofmenretreat.com
🟢 Alchemy of Men’s Instagram → Instagram.com/thealchemyofmen
🟢 Intuitive Finance with Dylan Bain → DylanBain.com
🟢 Intuitive Finance Toolkit → DylanBain.com/Toolkit
🟢 Instagram → Instagram.com/TheDylanBain
🟢 Threads → Threads.net/@TheDylanBain
🟢 Facebook → Facebook.com/FiscallySavage
🟢 Twitter → Twitter.com/TheDylanBain
In this episode, we welcome Leila Dylla, a passionate advocate for feminine healing and relational depth. Leila, who leads the Heart Space community, shares her insights and understanding of how embracing the cyclical nature of life can help you with personal growth and transformation.
She discusses the importance of aligning with the natural rhythms of change rather than resisting them, emphasizing that true progress comes from surrendering to life’s inherent flow. She talks about balancing intuition and structure, advocating for a harmonious integration of both to achieve personal and professional fulfillment.
We also explore the concept of faith in the unseen, the necessity of both direction and flow, and the transformative power of trusting in something greater than ourselves. Leila highlights the role of genuine, supportive relationships in our personal evolution and the essence of her work in fostering deep, enduring connections within the Heart Space community.
Join us as Leila shares her journey and offers valuable insights on navigating life’s challenges with faith, resilience, and a balanced approach to growth.
Show Highlights
- 02:16] Leila Dylla and what her work focuses on
- [04:04] The concept of divine power
- [08:39] Advice on balancing structured plans with intuitive feelings
- [11:01] Why we feel the need to be healed
- [15:55] Being vs. doing
- [19:53] Why it’s important to embrace life's cyclical nature for personal evolution
- [22:40] The necessity of faith and surrender in navigating life’s uncertainties
- [31:04] On integrating both masculine (structure) and feminine (flow)
- [37:18] What the Heart Space Community is about
- [41:05] The importance of authentic connections
Links and Resources
🟢 Leila Dylla’s Website → Leiladylla.com
🟢 Leila Dylla’s Instagram → Instagram.com/leila.dylla
🟢 The Heart Space’s Website → Leiladylla.com/the-heart-space
🟢 The Heart Space’s Instagram → Instagram.com/theheartspace.community
🟢 Intuitive Finance with Dylan Bain → DylanBain.com
🟢 Intuitive Finance Toolkit → DylanBain.com/Toolkit
🟢 Instagram → Instagram.com/TheDylanBain
🟢 Threads → Threads.net/@TheDylanBain
🟢 Facebook → Facebook.com/FiscallySavage
🟢 Twitter → Twitter.com/TheDylanBain
In this episode, Dylan sat down with Jack Donovan, a prominent author known for his work on masculinity and modern paganism. Jack is the author of several books, including "The Way of Men" and "Fire in the Dark." He is also the founder of the Order of Fire, a group dedicated to exploring and developing a new solar culture.
Jack and Dylan dive into the concept of the three archetypes central to Jack's philosophy: the Father, the Striker, and the Lord of the Earth. They discuss how these archetypes represent different aspects of masculinity and their roles in creating and maintaining order in society. Jack explains how these archetypes are derived from historical myths and universal themes, emphasizing the importance of the father figure as a guiding and rule-setting leader.
The conversation also touches on the often-overlooked work of the Lord of the Earth, which involves the day-to-day tasks and relationship-building necessary for maintaining stability. They explore how modern men can balance the excitement of the warrior archetype with the essential but less glamorous responsibilities of everyday life.
Jack shares insights on the Order of Fire's mission to create a new cultural aesthetic that reflects positive masculine values and how they aim to inspire art, music, and literature that embody these ideals. Tune in to learn more about Jack's work, his vision for the future, and how you can get involved with the Order of Fire.
Show Highlights
- [0:54] Fundamental problem men are facing in society
- [07:33] The concept of sex pollution
- [12:20] On masculine culture and the lack of men in cultural spaces today
- [22:49] What a solar culture is
- [25:37] The three archetypes: the Father, the Striker, and the Lord of the Earth
- [39:42] Jack’s advice for men
Links and Resources
🟢 Jack Donovan’s Website → Jack-donovan.com/
🟢 Jack Donovan’s X → X.com/mr_jackdonovan
🟢 Jack Donovan’s Instagram →Instagram.com/starttheworld
🟢 Jack Donovan’s YouTube→ Youtube.com/@JackDonovan
🟢 Order of Fire Website → Orderoffire.com
🟢 Order of Fire Instagram → Instagram.com/theorderoffire
🟢 Intuitive Finance with Dylan Bain → DylanBain.com
🟢 Intuitive Finance Toolkit → DylanBain.com/Toolkit
🟢 Instagram → Instagram.com/TheDylanBain
🟢 Threads → Threads.net/@TheDylanBain
🟢 Facebook → Facebook.com/FiscallySavage
🟢 Twitter → Twitter.com/TheDylanBain
In this episode, join me and Greg Ray as we cover various aspects of hunting and the outdoor experience. Greg, an experienced guide and hunter, discusses the importance of ethical hunting practices, emphasizing respect for wildlife and the environment.
We delve into the benefits of hunting wild game for food, and its nutritional and ethical aspects compared to processed alternatives like plant-based meats. Greg shares insights into the training and preparation involved in long-range shooting, stressing the importance of understanding one's equipment and limitations.
We also touch on the experience of field dressing animals and the supportive environment Greg's team provides for newcomers to hunting, making hunting a sustainable and meaningful experience.
Show Highlights
- [00:37] The story of how Outdoor Solutions came to be
- [06:05] Why Greg and his team started their long-range schools
- [11:14] Field to Table and Greg’s observation on his clients
- [16:59] Barriers to entry for new hunters today
- [23:06] Homesteading as the millennials’ midlife crisis
- [27:00] What’s an ethical shot placement?
- [31:53] Advice to new hunters who are scared
- [38:48] Greg’s most favorite hunts he’s ever done
Links and Resources
🟢 Outdoor Solutions Corp Website → Outdoorsolutionscorp.com
🟢 From Field to Table Website → Fromfieldtotable.com
🟢 Outdoor Solutions Corp Instagram → Instagram.com/outdoor_solutions_official
🟢 From Field to Table Instagram → Instagram.com/os_fromfieldtotable
🟢 From Field to Table Youtube → Youtube.com/@OutdoorSolutions
🟢 Greg’s LinkedIn → Linkedin.com/in/outdoorsolutionscorp
🟢 Intuitive Finance with Dylan Bain → DylanBain.com
🟢 Intuitive Finance Toolkit → DylanBain.com/Toolkit
🟢 Instagram → Instagram.com/TheDylanBain
🟢 Threads → Threads.net/@TheDylanBain
🟢 Facebook → Facebook.com/FiscallySavage
🟢 Twitter → Twitter.com/TheDylanBain
In today's episode, Dylan and guest, Tyler Skinner, the founder of Women Making Waves, explore various aspects of personal growth and professional development, including facing your fears and self-awareness.
Tyler looks back on her journey, and how the pandemic led her to discover her passion. They touch on the importance of integrating personal passions into daily life for emotional balance and professional success, with Dylan recounting how a visit to an aerospace museum helped him reconnect with his inner child and regain confidence, while Tyler finds solace in nature and encourages others to embrace their passions.
The conversation also delves into the power of pausing amidst life's demands, the benefits of meditation, and taking breaks to foster self-awareness and creativity. Join us and discover how you can integrate personal passions and holistic self-care into your personal and professional life!
Show Highlights
- [00:44] Tyler’s background and how she ended up in the business world
- [05:20] “Shivit” and Tyler’s journey to self-discovery
- [08:34] On how Tyler discovered her passion
- [14:29] What Women Making Waves is about
- [26:42] Growing and evolving as our purpose in life
- [30:10] The importance of having access
- [40:05] The concept of "power in the pause" and meditation
Links and Resources
🟢 Women Making Waves → Women-making-waves.com
🟢 Women Making Waves Instagram → Instagram.com/women.making.waves/
🟢 Tyler’s LinkedIn → Linkedin.com/in/tyler-skinner-ba3b78189/
🟢 Intuitive Finance with Dylan Bain → DylanBain.com
🟢 Intuitive Finance Toolkit → DylanBain.com/Toolkit
🟢 Instagram → Instagram.com/TheDylanBain
🟢 Threads → Threads.net/@TheDylanBain
🟢 Facebook → Facebook.com/FiscallySavage
🟢 Twitter → Twitter.com/TheDylanBain
Jeddy Azuma, Founder & CEO of The Rising Man, a community based in Austin, sat down with us today to share his insights into communal living, familial bonds, and societal structures. He reflects on his experiences living with close friends and their families, emphasizing the challenges and rewards of collaborative lifestyles.
Dylan and Jeddy explore the concept of generational housing and its potential to address contemporary challenges like the housing crisis and social isolation. He discusses the impact of extended communal living on children, including the benefits of diverse adult influences in their upbringing.
They also talk about broader societal issues such as the housing crisis, zoning laws, and the need for innovative solutions that prioritize human connection over conventional norms -- envisioning a future where decentralized, village-like settings foster deeper connections and mutual support.
Show Highlights
- [00:19] What is initiation?
- [02:04] Discussion on passage rituals and ceremonies
- [08:59] Three stages of a rite of passage
- [17:35] Trust bank metaphor
- [24:18] Benefits of communal living
- [40:05] Decentralization as potential future trajectory
Links and Resources
🟢 The Rising Man Brotherhood → Risingman.org
🟢 Jeddy's LinkedIn → Linkedin.com/in/jeddy-azuma-402725102
🟢 Jeddy’s Instagram → Instagram.com/JeddyAzuma
🟢 Intuitive Finance with Dylan Bain → DylanBain.com
🟢 Intuitive Finance with Dylan Bain → DylanBain.com
🟢 Intuitive Finance Toolkit → DylanBain.com/Toolkit
🟢 Instagram → Instagram.com/TheDylanBain
🟢 Threads → Threads.net/@TheDylanBain
🟢 Facebook → Facebook.com/FiscallySavage
🟢 Twitter → Twitter.com/TheDylanBain
In this episode, host Dylan Bain reflects on a pivotal moment when a fellow student approached him, seeking advice on how he managed to excel in graduate school, secure a prestigious job, and maintain a healthy family life -- leading him to ponder the universal challenges of pursuing significant life changes and overcoming fear and doubt.
He shares a practical four-step process for achieving any goal: knowing where you want to be, understanding your current situation, taking the next best step, and reassessing your goals continuously.
Throughout the episode, Dylan illustrates these steps with anecdotes from his financial coaching practice and personal experiences and offers actionable advice on navigating life’s transitions, managing finances, and staying true to one's aspirations. Don't miss it!
Show Highlights
- [03:13] The four-step process to achieve your goals
- [04:20] Step 1: Know where you want to be
- [08:51] Step 2: Know where you are
- [12:30] Step 3: Take the next best step to get to where you want to be
- [16:59] Step 4: Go back to step number one and reassess
Links and Resources
🟢 The Human Revolution with Dylan Bain → DylanBain.com
🟢 Intuitive Finance Toolkit → DylanBain.com/Toolkit
🟢 Instagram → Instagram.com/TheDylanBain
🟢 Threads → Threads.net/@TheDylanBain
🟢 Twitter → Twitter.com/TheDylanBain
In today's episode, Dylan Bain offers a deep dive into the complexities of the housing crisis today, exploring its multifaceted issues and proposing some thought-provoking solutions. He discusses the intricate interplay between zoning laws, market incentives, and technological advancements. Throughout the episode, Dylan emphasizes the need for uncomfortable but necessary decisions to address the housing crisis effectively, advocating for either a deregulated market approach, removing restrictive zoning laws, or a more regulated market that prioritizes single-family housing.
Tune in for a comprehensive analysis of the housing crisis that challenges conventional wisdom!
Show Highlights
- [01:20] Overview of the housing crisis in the U.S.
- [06:45] Discussion on building homes in the U.S.
- [09:44] Investor activity and its effects
- [14:21] The problems with zoning laws
- [22:29] Hierarchical zoning as an alternative
- [26:25] The role of data analytics and algorithms in influencing housing prices and rents
- [28:18] Discussion on market Participation and regulation
Links and Resources
🟢 The Human Revolution with Dylan Bain → DylanBain.com
🟢 Intuitive Finance Toolkit → DylanBain.com/Toolkit
🟢 Instagram → Instagram.com/TheDylanBain
🟢 Threads → Threads.net/@TheDylanBain
🟢 Twitter → Twitter.com/TheDylanBain
In this fun-filled and insightful episode, guests Mo Barrett and Katy Stevens, "unlikely best friends building a world filled with unforgettable experiences that entertain and empower, by using humor in unexpected ways" sat down with Dylan to talk about navigating life. They delve into the realms of feeling overwhelmed, embracing failure, and fostering communal connections.
Hear anecdotes packed with valuable lessons — from Mo's experience in the cockpit that highlights the importance of breaking down daunting tasks into manageable steps to Dylan's early podcasting days and Katy's teaching method of "greatest hits," which showcases the value of embracing failure as part of one's growth and progress.
They also talk about the significance of cultural connections and shared experiences, sparked by Dylan's recounting of a communal dumpling-making event, and explore the transformative power of such experiences compared to transactional interactions.
Show Highlights
- [00:29] Introduction to guests
- [02:20] What Katy and Mo do, and how they ended up working together
- [06:32] Why Katy and Mo rebranded
- [10:57] On making an experience unforgettable
- [17:56] Interactive ways to connect with an audience
- [27:22] Katy and Mo's preparations before going on stage
- [39:05] Transaction versus Transformation
Links and Resources
🟢 Unforgettable Experiences Website → Unforgettableexperiences.com
🟢 Unforgettable Experiences Instagram → Instagram.com/yourunforgettableexperiences/
🟢 How to Be Unforgettable | TEDxYoungstown → Youtube.com/watch?v=eX2YN_OaIJ8
🟢 Intuitive Finance with Dylan Bain → DylanBain.com
🟢 Intuitive Finance with Dylan Bain → DylanBain.com
🟢 Intuitive Finance Toolkit → DylanBain.com/Toolkit
🟢 Instagram → Instagram.com/TheDylanBain
🟢 Threads → Threads.net/@TheDylanBain
🟢 Facebook → Facebook.com/FiscallySavage
🟢 Twitter → Twitter.com/TheDylanBain
In this episode, we're joined by Joshua Laycock, a Coach and Registered Psychotherapist (Qualifying) focusing on men and men’s issues. He has been working in the realm of men’s work for close to a decade, leading and consulting with various men’s groups, as well as providing one-on-one coaching to men looking to improve in a variety of aspects of their lives, most notably in their relationships, careers, parenting, and in learning to live more in alignment with their purpose and priorities. He recently launched an online coaching program called the Lifestyle Evolution Project.
Joshua and Dylan Bain explore various themes related to work, fulfillment, and personal growth, including the concept of working hard for the benefit of others, the disillusionment that can come from sacrificing personal well-being for corporate success, and the importance of aligning expectations with reality.
Joshua shares personal anecdotes from his own career experiences and emphasizes the need for individuals to question societal norms around work and success, and to challenge the idea that suffering is a necessary component of achievement.
Tune in today for a thought-provoking exploration of work, purpose, and community!
Show Highlights
- [00:29] Introduction to guest
- [01:44] Joshua Laycock’s backstory
- [09:14] The concept of wearing masks, and learning to take them off
- [19:42] Integrating the word “and” more into our lives
- [21:56] The bus analogy and how to tackle resistance
- [28:11] Busy vs having a full schedule
- [35:18] Discussion on capitalism and its ethical implications
- [41:20] Reflections on morality, individualism, and community
Links and Resources
🟢 Lifestyle Evolution Project → https://lifestyle-evolution-project.mn.co/share/kJssd7ZX-1I12aKJ?utm_source=manual
🟢 Joshua’s Podcast → https://open.spotify.com/show/7LOyp25iqgN0h4whtxMIrT?si=71c8402279b24721
🟢 Joshua’s Instagram → Instagram.com/Joshua.Laycock
🟢 Intuitive Finance with Dylan Bain → DylanBain.com
🟢 Intuitive Finance with Dylan Bain → DylanBain.com
🟢 Intuitive Finance Toolkit → DylanBain.com/Toolkit
🟢 Instagram → Instagram.com/TheDylanBain
🟢 Threads → Threads.net/@TheDylanBain
🟢 Facebook → Facebook.com/FiscallySavage
🟢 Twitter → Twitter.com/TheDylanBain
In this episode, host Dylan Bain takes us on a personal journey that began in March 2020. Dylan and his wife were searching for a home, a significant milestone after ten years of marriage. Amidst his analytical approach—considering taxes, school districts, and crime rates—Dylan’s wife offered a poignant reminder: they weren't buying a house; they were buying a home. This insight set the stage for a deeper exploration into the essence of human experience versus societal expectations, and how we can re-evaluate personal finances and lifestyle choices to align more closely with human needs rather than societal expectations.
Tune in now to learn more!
Show Highlights
- [00:27] Anecdote from Dylan about house hunting
- [01:45] How society incentivizes logical over emotional decisions
- [03:24] Capitalism, and how modern life commodifies human aspects
- [12:18] The costs and processes of living authentically
Links and Resources
🟢 Anya Shakh's episode → https://traffic.libsyn.com/fiscallysavage/EP123.mp3
🟢 The Human Revolution with Dylan Bain → DylanBain.com
🟢 Intuitive Finance Toolkit → DylanBain.com/Toolkit
🟢 Instagram → Instagram.com/TheDylanBain
🟢 Threads → Threads.net/@TheDylanBain
🟢 Twitter → Twitter.com/TheDylanBain
In this episode, we had the pleasure of talking with Anya Shakh, a relationship coach and advocate for understanding the dynamics between men and women. She offers insights into the challenges faced by both genders in today's dating scene and relationships, from birth control and its impact on society today to conflicting messages from feminism and the misconceptions surrounding incels and the stereotypes perpetuated by mainstream media.
Anya advocates for a deeper understanding of the responsibilities that come with empowerment, and the necessity of honesty and clear communication in relationships, highlighting the importance of partnership and mutual respect.
Catch the latest episode today for a more nuanced understanding of empowerment and relationships!
Show Highlights
- [00:55] The growing gap between men and women
- [10:08] The birth control pill and how it commodified sex
- [14:28] On why sex become just an act
- [17:57] What drives the gap between men and women today
- [24:11] Anya’s thoughts on the male birth control pill
- [27:10] On empowerment and redefining it
- [33:27] The responsibilities that come with power and autonomy
Links and Resources
🟢 Anya Shakh’s Instagram → Instagram.com/AnyaShakh
🟢 Anya Shakh'’s Podcast → Podcasts.apple.com/us/podcast/ancient-intelligence/id1617883752
🟢 The Human Revolution with Dylan Bain → DylanBain.com
🟢 Intuitive Finance Toolkit → DylanBain.com/Toolkit
🟢 Instagram → Instagram.com/TheDylanBain
🟢 Threads → Threads.net/@TheDylanBain
🟢 Facebook → Facebook.com/FiscallySavage
🟢 Twitter → Twitter.com/TheDylanBain
In this inaugural episode of "The Human Revolution," host Dylan Bain shares a deeply personal story that marked a turning point in his life. Reflecting on a moment when he faced the end of his teaching career and the daunting prospect of supporting his family without a job, Dylan recounts the pivotal question posed by his principal: "What kind of man does your daughter need you to be?" This question sparks a journey of self-discovery and a realization that traditional notions of success and financial stability are overshadowed by the fundamental human needs of connection, authenticity, and belonging.
Dylan emphasizes the human element in personal finance and the importance of creating environments that foster genuine human connection and well-being. Learn more about the four pillars of human experience: food, relationship, heart, and lifestyle, as Dylan examines how industrialized food production, transactional relationships, suppressed emotional expression, and isolating lifestyles contribute to widespread suffering and disconnection.
Tune in now and find out how we can reclaim our humanity!
Show Highlights
- [00:27] Dylan's turning point
- [02:40] The four pillars of human experience
- [13:19] On how we can reclaim our humanity
- [16:00] Personal finances and its connection to the human experience
Links and Resources
🟢 Dylan's Episode → https://fiscallysavage.libsyn.com/rivers-of-change-leading-the-charge-for-a-more-authentic-life
🟢 The Human Revolution with Dylan Bain → DylanBain.com
🟢 Intuitive Finance Toolkit → DylanBain.com/Toolkit
🟢 Instagram → Instagram.com/TheDylanBain
🟢 Threads → Threads.net/@TheDylanBain
🟢 Twitter → Twitter.com/TheDylanBain
We’re shifting the focus from finance to a broader exploration of creating a more human-centered world–drawing inspiration from a story by Desmond Tutu. He reflects on his experience in financial coaching, highlighting the realization that financial issues often stem from deeper emotional and systemic problems.
With society losing touch with its humanity in various aspects, including relationships, emotions, and lifestyle choices, there’s a need to reevaluate our approach to food, relationships, expressing emotions, and lifestyle to build a more fulfilling and human-centered life.
Join us on a transformative journey in this new episode!
Show Highlights
- [00:36] Reflections on a powerful story heard from Desmond Tutu
- [02:44] Observations about people's finances
- [05:46] The systemic issues within the current societal structure
- [08:58] The shift in the food industry
- [15:46] Challenges in expressing emotions, and the lost human elements in relationships
- [19:40] Shift in the podcast's focus
- [21:15] Introduction to Ascendant Legion
Links and Resources
🟢 Traver Boehm Episode → fiscallysavage.libsyn.com/farewell-nice-guy-welcome-the-uncivilized-man-with-traver-boehm
🟢 Jordan Gray Episode → fiscallysavage.libsyn.com/relationships-and-moving-forward-with-jordan-gray
🟢 Intuitive Finance with Dylan Bain → DylanBain.com
🟢 Intuitive Finance Toolkit → DylanBain.com/Toolkit
🟢 Instagram → Instagram.com/TheDylanBain
🟢 Threads → Threads.net/@TheDylanBain
🟢 Facebook → Facebook.com/FiscallySavage
🟢 Twitter → Twitter.com/TheDylanBain
Today’s guest, Amy McAllaster, is a counselor and coach with a practice in Littleton. We explore various aspects of relationships, mental health, and societal challenges. Amy shares insights into the obstacles couples face, the impact of societal expectations on men, and the need for authentic and intentional communities.
Join us in this insightful episode as we cover various topics such as building meaningful connections, addressing attachment wounds, and cultivating a healthier, more connected society!
Show Highlights
- [00:36] Introduction of the guest, Amy McAllaster
- [02:42] The concept of the conscious relationship
- [11:02] On creating authentic spaces to be vulnerable
- [14:36] Two key pieces on how to make a relationship work
- [16:44] What most men feel objectified about
- [20:25] The importance of strong connected relationships
- [22:22] Erasure of men's experiences
- [24:11] Obstacles couples face
- [26:21] On men feeling lonely but not recognizing it as such
- [28:48] Impact of systemic issues in communities
- [29:58] The importance of both healthy family systems and broader communities
- [41:33] Free-range parenting
Links and Resources
🟢 Amy McAllaster’s Instagram → Instagram.com/AmyMcallaster
🟢 Amy McAllaster’s Facebook → Facebook.com/Amy.Mcallasterschmitz
🟢 Amy McAllaster’s LinkedIn → Linkedin.com/in/amy-mcallaster-ma-ma-lpc-ba2959145
🟢 Amy McAllaster’s Website → AmyMcallaster.com
🟢 Amy McAllaster’s Counseling Website → AmysCounseling.com
🟢 Intuitive Finance with Dylan Bain → DylanBain.com
🟢 Intuitive Finance Toolkit → DylanBain.com/Toolkit
🟢 Instagram → Instagram.com/TheDylanBain
🟢 Threads → Threads.net/@TheDylanBain
🟢 Facebook → Facebook.com/FiscallySavage
🟢 Twitter → Twitter.com/TheDylanBain
Books Mentioned
🟢 How We Love by Kay Yerkovich, Milan Yerkovich → howwelove.com/shop/how-we-love-book
🟢 Attached by Amir Levine, Rachel S. F. Heller → attachedthebook.com
🟢 The Feminine Mystique by Betty Friedan → amazon.com/Feminine-Mystique-50th-Anniversary/dp/0393346781
When did we start letting numbers define us as human beings? The amount of money you have in the bank, your credit score, your net worth – these all indicate something important in our modern, currency-driven world. But the one thing it shouldn’t define is who we are.
In this latest episode of Intuitive Finance, join us as we dive into bringing relationships back at the heart of personal finance and redefining what it really means to be successful in our money stories.
Show Highlights
- [02:59] The quantifiable versus the experiential
- [04:26] Bringing relationships back into focus
- [06:59] From “I’ll get the next one” to creating currency
- [09:03] The creation of debt instruments
-
[11:40] Proposing a new financial revolution framework
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- [11:59] Being human-centered
- [13:53] Establishing meaningful interactions
- [15:45] Redefining success
Links and Resources
🟢 Intuitive Finance with Dylan Bain → DylanBain.com
🟢 Intuitive Finance Toolkit → DylanBain.com/Toolkit
🟢 Instagram → Instagram.com/TheDylanBain
🟢 Threads → Threads.net/@TheDylanBain
🟢 Facebook → Facebook.com/FiscallySavage
🟢 Twitter → Twitter.com/FiscallySavage
In this episode of Fiscally Savage, we sat down with Kristofor Healey – a seasoned speaker, accomplished author, and former law enforcement officer. He shares his experiences in law enforcement, emphasizing the importance of living a life with valor, rooted in courage and the pursuit of virtue.
From navigating the ever-changing landscape of life and technology to Bitcoin and AI, join us and get inspired to face adversity, take risks, and find ways to test your mettle, even if it means stepping out of your comfort zone.
Show Highlights
- [00:56] What makes a man indispensable
- [16:14] The six f’s
- [18:07] AI, and being an early adopter of technology
- [28:50] The concept of living with valor
- [33:38] Applying valor in daily life
- [37:14] Trauma in law enforcement and military
- [41:43] Importance of recognizing and dealing with trauma
- [47:18] Living in the present moment
- [50:20] Where to find Kristofor Healey
Links and Resources
🟢 Kristofor Healey’s Instagram → Instagram.com/Team_Healey
🟢 Kristofor Healey’s LinkedIn → Linkedin.com/in/Kristofor-Healey
🟢 Kristofor Healey’s Website → KristoforHealey.com
🟢 Kristofor Healey’s Podcast → Podcasts.apple.com/us/podcast/the-indispensable-man/id1617140364
🟢 Intuitive Finance with Dylan Bain → DylanBain.com
🟢 Intuitive Finance Toolkit → DylanBain.com/Toolkit
🟢 Instagram → Instagram.com/TheDylanBain
🟢 Threads → Threads.net/@TheDylanBain
🟢 Facebook → Facebook.com/FiscallySavage
🟢 Twitter → Twitter.com/TheDylanBain
Books Mentioned
🟢 Indispensable: A Tactical Plan for the Modern Man by Kristofor Healey → dl.bookfunnel.com/nv9djudjrxadamsmith.org/the-wealth-of-nations
Sometimes, misery and shame is comfortable. It’s always been in your life. It’s predictable. It’s safe.
But until when can you keep this in your reality and in your relationships? Until when can you keep holding yourself back? Until when do you plan to continue on the path of conscious misalignment?
Let’s give a warm welcome to our guest Jordan Gray as he lends us his expertise to answer all our questions about relationships and how we deal with shame, reality, and all the other obstacles that keep us from moving forward.
Join us in this special episode of Intuitive Finance as we reimagine your relationship and money story.
Show Highlights
- [01:53] Jordan’s journey into relationship coaching
- [04:24] The actual goal of relationship coaching
- [08:06] Shame and fear as defense mechanisms
- [13:38] Shame as a safety blanket
- [19:15] Shame as something predictable
- [21:44] Having the right relationship with reality
- [25:17] Dealing with and moving forward from the now
- [31:01] The path to openness and saying yes
- [37:57] The big stumbling blocks to moving forward
Links and Resources
🟢 Jordan Gray Consulting → JordanGrayConsulting.com
🟢 Intuitive Finance with Dylan Bain → DylanBain.com
🟢 Intuitive Finance Toolkit → DylanBain.com/Toolkit
🟢 Instagram → Instagram.com/TheDylanBain
🟢 Threads → Threads.net/@TheDylanBain
🟢 Facebook → Facebook.com/FiscallySavage
🟢 Twitter → Twitter.com/FiscallySavage
Discover the transformative power of grief as Nature Rooted, Transformational and Leadership Coach, Ryan Conklin, dissects the complexity of grief, and the importance of intentional community building for personal and professional transformation.
From personal experiences to life transitions, Ryan explores diverse forms of loss, the fear surrounding grief and the misconceptions of "getting through" it, and how you can honor and celebrate these thresholds instead.
Tune in and learn the role of grief, the consequences of suppressing it, and how when embraced, it becomes a catalyst for personal growth!
Show Highlights
- [01:12] What makes a life transformation
- [10:54] Ryan’s experience with fear
- [14:47] Why you should honor grief instead of suppressing it
- [22:57] Different forms of loss, and ceremonies for life transitions
- [27:54] Grief and uncertainty about what's on the other side
- [32:09] The concept of "the land", and the role of community
- [38:27] The importance of intentional community building
- [41:40] On creating ripples of transformation
- [45:08] Where to find Ryan Conklin
Links and Resources
🟢 Ryan Conklin’s Instagram → Instagram.com/ConklinChronicles
🟢 Ryan Conklin’s LinkedIn → Linkedin.com/in/Ryan-Conklin-12947640/
🟢 Intuitive Finance with Dylan Bain → DylanBain.com
🟢 Intuitive Finance Toolkit → DylanBain.com/Toolkit
🟢 Instagram → Instagram.com/TheDylanBain
🟢 Threads → Threads.net/@TheDylanBain
🟢 Facebook → Facebook.com/FiscallySavage
🟢 Twitter → Twitter.com/TheDylanBain
In this episode, we venture into a nuanced exploration of the intricate relationship between ethics and finances.
In a world where judgment often accompanies discussions about money, we are here to explore reshaping the narrative, guiding you towards a healthier understanding of the ethical dimensions of finance.
How do we tell apart ethical and non-ethical systems? What are the telltale signs? Where do we fall in all of this, and what responsibilities do we have? What should our priorities be?
Elevate your awareness of the profound connections between value, ethics, and our own money stories, only here on Intuitive Finance.
Show Highlights
- [02:24] The relation between money and ethics
- [07:26] Ethical systems and value
- [10:26] Non-ethical systems and extraction
- [15:49] "Capital S" Systems versus personal systems
- [20:26] Prioritizing your personal system
Links and Resources
🟢 Intuitive Finance with Dylan Bain → DylanBain.com
🟢 Intuitive Finance Toolkit → DylanBain.com/Toolkit
🟢 Instagram → Instagram.com/TheDylanBain
🟢 Threads → Threads.net/@TheDylanBain
🟢 Facebook → Facebook.com/FiscallySavage
🟢 Twitter → Twitter.com/TheDylanBain
Our guest in this episode is Mr. Robert Wunderlich. A husband and a father, Robert also holds a master’s degree in anthropology from the University of Wyoming and holds a 3rd degree black belt in Brazilian jiu-jitsu. He has also been a certified UNcivilized Men’s coach since 2021.
Robert has been consistently training since 2004 and received his black belt under Dave Ruiz in December 2012. He now operates the Shokunin Brazilian Jiu-Jitsu Association and the Academy of Brazilian Jiu-Jitsu Arvada.
Join us as Robert delves into the application of Brazilian jiu-jitsu practice in life, the enormous effects of small mindset shifts, and how knowledge from both anthropology and Brazilian jiu-jitsu has helped shape his approach to both disciplines. We also delve into the importance of diversity and the importance and impact of just taking the next step.
Hit play now.
Show Highlights
- [02:51] How BJJ practice relates to life
- [10:45] Success, patience, and setting expectations
- [15:35] The kind of life Robert wants
- [22:58] The effect of a small shift in mindset
- [26:32] Like Intuitive Finance? Please leave us a five-star rating!
- [28:32] How jiu-jitsu informed Robert's path in anthropology and vice versa
- [29:04] Culture, language, and diversity
- [43:12] What drives the conflict
-
[44:33] Anthropology in jiu-jitsu coaching
-
[48:59] The most important step is the next step
- [54:09] Where to find more Robert Wunderlich
Links and Resources
🟢 Nexus Coaching Services → NexusCoachingServices.com
🟢 Robert Wunderlich’s Instagram → Instagram.com/WunderBJJ99
🟢 The Academy of Brazilian Jiu-Jitsu Arvada → ArvadaJiuJitsu.com
🟢 The Academy of Brazilian Jiu-Jitsu Arvada’s Instagram → Instagram.com/TheAcademyBJJ
🟢 Intuitive Finance with Dylan Bain → DylanBain.com
🟢 Intuitive Finance Toolkit → DylanBain.com/Toolkit
🟢 Instagram → Instagram.com/TheDylanBain
🟢 Threads → Threads.net/@TheDylanBain
🟢 Facebook → Facebook.com/FiscallySavage
🟢 Twitter → Twitter.com/TheDylanBain
Books Mentioned
🟢 The Omnivore’s Dilemma by Michael Pollan → MichaelPollan.com/books/The-Omnivores-Dilemma
🟢 The Lion Tracker’s Guide to Life by Boyd Varty → BoydVarty.com/book/The-Lion-Trackers-Guide-To-Life
When you have a problem, you have two options. You can either solve the problem you have right now or go out of your way to figure out what is causing the problem in the first place.
In most cases nowadays, we often opt for the first option for one primary reason: profit.
So how do these ineffective “solutions” in turn affect us individually, and what can we do to not get trapped in the same mindset?
Join us on an all-new Intuitive Finance now.
Show Highlights
- [00:36] The babies in the river
- [05:12] Looking at the root of the problem
- [09:17] Communities and things that make life worth living
- [15:01] 2024 as the year of apotheosis
- [17:37] Dylan’s new men’s group
- [19:51] Like Intuitive Finance? Please leave us a five-star rating!
Links and Resources
🟢 Intuitive Finance with Dylan Bain → DylanBain.com
🟢 Intuitive Finance Toolkit → DylanBain.com/Toolkit
🟢 Instagram → Instagram.com/TheDylanBain
🟢 Threads → Threads.net/@TheDylanBain
🟢 Facebook → Facebook.com/FiscallySavage
🟢 Twitter → Twitter.com/FiscallySavage
Kymberlee Weil’s resume speaks for itself. Among the sea of awards, she is also a founder of an award-winning software company, an author, trainer of TEDx speakers, improv comedy performer, among many countless accolades. But in this week’s episode, she lends us her experience in how to tell a story and how to tell it effectively to an audience.
Join us in Intuitive Finance as the magnificent Kymberlee Weil talks about the age-old superpower that is stories, and how we can affect change by telling a great one.
Show Highlights
- [02:06] The power of stories
- [04:56] The connection piece in telling stories
- [11:17] Refining your storytelling process
- [15:24] Improv and becoming quicker on your feet
- [51:29] Like Intuitive Finance? Please give us five stars!
- [28:10] Gauging your audience
- [32:52] What does your audience need?
- [37:17] Playing and making things more interesting
- [48:34] Where to find more Kymberlee Weil
Links and Resources 🟢 Storytelling School → StorytellingSchool.com 🟢 Storytelling School Podcast → StorytellingSchool.com/Podcast 🟢 Storytelling School Instagram → Instagram.com/StorytellingSchool/ 🟢 Intuitive Finance with Dylan Bain → DylanBain.com 🟢 Intuitive Finance Toolkit → DylanBain.com/Toolkit 🟢 Instagram → Instagram.com/TheDylanBain 🟢 Threads → Threads.net/@TheDylanBain 🟢 Facebook → Facebook.com/FiscallySavage 🟢 Twitter → Twitter.com/FiscallySavage
As we welcome in every new year, it’s almost informal global tradition to have resolutions. Unfortunately, it’s also tradition that most of these resolutions don’t make it through half the first quarter of the year.
Life is an infinite game. Playing finite games and setting finite resolutions are going to be ineffective.
And so, it’s time to change our mindset this 2024. Let us name our year, play the infinite game, and live our lives not by resolutions, but by a theme.
Ladies and gentlemen, welcome to Intuitive Finance, and welcome to 2024.
Show Highlights
- [00:37] New Year's resolutions and failing
- [02:54] Infinite versus finite games
- [08:09] Planning for success and failure
- [09:56] What happens if you fail?
-
[12:11] What if you succeed?
-
[15:52] Naming your year
- [21:15] What’s coming in 2024?
Links and Resources
🟢 Intuitive Finance with Dylan Bain → DylanBain.com
🟢 Intuitive Finance Toolkit → DylanBain.com/Toolkit
🟢 Instagram → Instagram.com/TheDylanBain
🟢 Threads → Threads.net/@TheDylanBain
🟢 Facebook → Facebook.com/FiscallySavage
🟢 Twitter → Twitter.com/FiscallySavage
Books Mentioned
🟢 The Simple Path to Wealth by JL Collins → shorturl.ac/TheSimplePathToWealth-JLCollins
There comes a quiet lull in the days between Christmas and New Year’s, where there is nothing else to do but rest and reflect.
And so in this episode of Intuitive Finance, that is exactly what we did. Join us as we reflect and look back on the years that have passed, see where we are now, and imagine how we move forward in the upcoming year.
2023 is my emancipation, and 2024 is my year of apotheosis. What have the past years been like, and what will 2024 be for you?
Show Highlights
- [00:40] Words to my younger self
- [06:41] The days between Christmas and New Year
- [07:48] The importance of reflection
- [15:49] Keeping the trajectory or going a different way
- [18:05] Emotionally processing and creating closure for yourself
- [22:27] Addressing what needs to be addressed
- [23:20] Naming your year
Links and Resources
🟢 Intuitive Finance with Dylan Bain → DylanBain.com
🟢 Intuitive Finance Toolkit → DylanBain.com/Toolkit
🟢 Instagram → Instagram.com/TheDylanBain
🟢 Threads → Threads.net/@TheDylanBain
🟢 Facebook → Facebook.com/FiscallySavage
🟢 Twitter → Twitter.com/FiscallySavage
Books Mentioned
🟢 Man UNcivilized by Traver Boehm → ManUNcivilized.com/TheBook
What do you know about finance? Is it important to know all these fancy terms for you to start investing? How do you interpret these charts? What do these words from these YouTubers even mean?
Financial literacy starts with understanding that you and your relationships are a business. After that, the only thing you need to remember is that it is important to not only know what we know but also what we don't know, and when that is okay.
Set aside all the BS, and at the end of the day, brilliance is in the basics. And so we’ll start with that.
Join us on Intuitive Finance as we talk about the importance of true financial knowledge.
Show Highlights
- [01:50] Financial education and the importance of knowledge
- [04:28] Knowing what we know and don't know
- The impact of financial literacy
- [06:41] Understanding that you are a business
- [10:05] Having the words
-
[12:14] Money is emotional
-
How to increase your financial knowledge
- [13:53] Read books
- [15:37] Hire a coach
- [16:29] Get in motion
Links and Resources
🟢 Intuitive Finance with Dylan Bain → DylanBain.com
🟢 Intuitive Finance Toolkit → DylanBain.com/Toolkit
🟢 Instagram → Instagram.com/TheDylanBain
🟢 Threads → Threads.net/@TheDylanBain
🟢 Facebook → Facebook.com/FiscallySavage
🟢 Twitter → Twitter.com/FiscallySavage
Books Mentioned
🟢 The Simple Path to Wealth by JL Collins → shorturl.ac/TheSimplePathToWealth-JLCollins
🟢 Just Keep Buying by Nick Maggiulli → shorturl.ac/JustKeepBuying-NickMaggiulli
Our guest this episode is Demetra Gray, a writer whose outspokenness has gotten her into many rounds of trouble. Along with her writing, she is also the host of podcast The Demetra Gray Show. And when you want to talk about relationships and truth, she is sure to help you find your truth and live it out loud.
Join Demetra and I as we talk about certainty, bravery, and the first person you should always trust, listen to, and choose: yourself.
Show Highlights
- [01:50] How intuition and trusting one's self shaped Demetra's life
- [06:30] The comfortability of certainty
- [11:03] The juxtaposition between bravery and comfort
- [18:34] Listening to and choosing yourself
- [28:31] Cults, the thirst for certainty, and continuous evolution
- [39:39] Mentorship and elderhood
- [43:45] Where to find more Demetra Gray
Links and Resources
🟢 Demetra Gray’s website → DemetraGray.com
🟢 Demetra Gray’s Instagram → Instagram.com/DemetraGray__
🟢 EP 102 - Farewell Nice Guy, Welcome the UNcivilized Man with Traver Boehm → shorturl.ac/IntuitiveFinance102
🟢 Intuitive Finance with Dylan Bain → DylanBain.com
🟢 Intuitive Finance Toolkit → DylanBain.com/Toolkit
🟢 Instagram → Instagram.com/TheDylanBain
🟢 Threads → Threads.net/@TheDylanBain
🟢 Facebook → Facebook.com/FiscallySavage
🟢 Twitter → Twitter.com/FiscallySavage
Books Mentioned
🟢 Cultish: The Language of Fanaticism by Amanda Montell → shorturl.ac/Cultish-AmandaMontell
🟢 Women Who Run With The Wolves by Pinkola Estés → shorturl.ac/WomenWhoRunWithTheWolves-PinkolaEstes
Much like everything else, success now isn’t defined like it was generations ago. So why are we still judging ourselves by different, inapplicable standards?
A job and trade mastery versus a career and work-life balance. Land ownership, status, and community versus having social impact. These are only a few of the many differences between the traditional and modern metrics of success. But we know that with money stories being passed on generation to generation, metrics can get muddled.
So how do we figure out which ones to follow? How do we apply these in our personal financial visions? How do we chart a path going forward?
Show Highlights
- [03:07] Traditional metrics of success
- [06:49] Modern metrics of success
- [10:24] Understanding the differences in metrics then vs. now
- [14:34] Remembering that we're humans
- [17:50] Starting with a vision
Links and Resources
🟢 EP 104 - Becoming Strong for Life with Coach Josh Wood → shorturl.ac/IntuitiveFinance104
🟢 Intuitive Finance with Dylan Bain → DylanBain.com
🟢 Intuitive Finance Toolkit → DylanBain.com/Toolkit
🟢 Instagram → Instagram.com/TheDylanBain
🟢 Threads → Threads.net/@TheDylanBain
🟢 TikTok → TikTok.com/@TheDylanBain
🟢 Facebook → Facebook.com/FiscallySavage
🟢 Twitter → Twitter.com/FiscallySavage
People pay Dr. Jeremy Goldberg to make them cry.
A former scientist turned life coach, Jeremy had a decade-long international career working with governments and universities. Along the way, he’d written a Ph.D. thesis on the dance between brain and behavior.
Nowadays, armed with humor and depth, he has been on the TEDx series talking about kindness. With his unconventional journey and approach combined with profound understanding, he has guided others to get them where they really want to go time and time again.
In this episode of Intuitive Finance, join me and Jeremy, also known as Long Distance Love Bombs, as we learn the art of making kindness cool.
Show Highlights
- [02:23] Kindness and compassion as a foundation
- [11:59] Jeremy's story of taking the leap
- [22:21] Choosing the most exciting form of suffering
- [28:46] Remembering that humans are social creatures
- [36:53] Self-compassion, self-love, and self-acceptance as part of the journey
- [42:11] Alignment through clarity and action
- [46:08] Where to find more Dr. Jeremy Goldberg
Links and Resources
🟢 Dr. Jeremy Goldberg’s Instagram → Instagram.com/LongDistanceLoveBombs
🟢 The Long Distance Love Bombs Podcast → shorturl.ac/Podcast-DrJeremyGoldberg
🟢 Intuitive Finance with Dylan Bain → DylanBain.com
🟢 Intuitive Finance Toolkit → DylanBain.com/Toolkit
🟢 Instagram → Instagram.com/TheDylanBain
🟢 Threads → Threads.net/@TheDylanBain
🟢 Facebook → Facebook.com/FiscallySavage
🟢 Twitter → Twitter.com/FiscallySavage
Books Mentioned
🟢 It'll Be Okay and You Will Be Too by Dr. Jeremy Goldberg → shorturl.ac/Book-DrJeremyGoldberg
Money is emotional. Family is emotional. Relationships are emotional.
But despite the burdens, shame, and family stories we carry on our shoulders everyday, we can have an open and honest conversation with ourselves and our partners.
It takes a lot of time and effort, but the most important part is to take the first step. Only then can we begin to have a real and effective money conversation and progress towards financial harmony.
Join us now on Intuitive Finance as we discuss the importance of communicating, putting aside judgment and expectation, and addressing the realities of our money stories.
Show Highlights
- [00:39] The emotional burden in money and relationships
- [06:43] Financial disputes, family of origin, and changing priorities
- [12:44] The power disparity in relationships
- 4 strategies for financial harmony
- [15:32] Have a partnership business meeting
- [18:37] Put aside judgment and expectation
- [21:16] Have a joint financial vision
-
[24:23] Deal with and address reality
-
[27:12] Applying the four strategies for financial harmony
- [32:06] Financial and marital harmony
Links and Resources
🟢 EP 094 - Building Healthy Relationships with Duey Freeman → shorturl.ac/IntuitiveFinance094
🟢 Intuitive Finance with Dylan Bain → DylanBain.com
🟢 Intuitive Finance Toolkit → DylanBain.com/Toolkit
🟢 Instagram → Instagram.com/TheDylanBain
🟢 Threads → Threads.net/@TheDylanBain
🟢 Facebook → Facebook.com/FiscallySavage
🟢 Twitter → Twitter.com/FiscallySavage
It’s time to talk about fitness with this episode’s guest, Coach Josh Wood.
Coach Josh is a fitness expert based in Tasmania offering a new perspective on health and physical fitness. Armed with a bachelor’s degree in health science and a plethora of experiences in various fields from powerlifting to hiking, Coach Josh is the founder and head coach of Strong For Life Online Coaching. His holistic and nature-based approach to fitness, combined with highly individualized and efficient programs, has helped thousands become the best version of themselves.
In this episode, we talk about Coach Josh’s journey that led him to establish Strong for Life and the lifestyle and philosophy that fuels his coaching. We also delve into the parallels between fitness and finance, the importance of accountability and intention, and the benefits of having a coach to help with your goals.
Join us to reimagine your story and learn how to become strong for life.
Show Highlights
- [02:21] The journey towards being Coach Josh Wood
- [09:09] How the Strong for Life lifestyle comes alive
- [14:20] Shame spirals and prevention
- [23:36] The role of nature in the Strong for Life philosophy
- [28:05] The science behind nutrition and food preparation
- [36:55] Benefits of a locavore diet
-
[43:22] The need for a coach in your journey
-
[48:41] Where to find more Coach Josh Wood
Links and Resources
🟢 Coach Josh Wood’s Instagram → Instagram.com/CoachJoshWood
🟢 Strong For Life Coaching → StrongForLife.online
🟢 Intuitive Finance with Dylan Bain → DylanBain.com
🟢 Intuitive Finance Toolkit → DylanBain.com/Toolkit
🟢 Instagram → Instagram.com/TheDylanBain
🟢 Threads → Threads.net/@TheDylanBain
🟢 Facebook → Facebook.com/FiscallySavage
🟢 Twitter → Twitter.com/FiscallySavage
Talking about our money stories is already hard in and of itself. Talking about them with family? That’s a whole other level of difficulty. But although it’s hard, it’s necessary. Why?
Because our money stories are generational. And in most cases, the stories and beliefs passed down by our family of origin isn’t doing us much good.
So what can we do to break the cycle?
Show Highlights
- [02:51] The difficulty and importance of discussing money stories with family
- [09:15] The importance of tackling money stories as generational
- [14:41] The process towards freedom from generational money beliefs
- [16:05] Creating your own family financial vision
- [20:24] The business case for your money habits and relationships
Links and Resources
🟢 The Money Equation → DylanBain.com/Money-Equation
🟢 Intuitive Finance with Dylan Bain → DylanBain.com
🟢 Intuitive Finance Toolkit → DylanBain.com/Toolkit
🟢 Instagram → Instagram.com/TheDylanBain
🟢 Threads → Threads.net/@TheDylanBain
🟢 Facebook → Facebook.com/FiscallySavage
🟢 Twitter → Twitter.com/FiscallySavage
For this episode’s guest, a simple conversation about McDonald’s spurred one crucial change within himself: becoming a man uncivilized.
Traver Boehm is the author of two books, Today I Rise and Man UNcivilized. He is also a two-time TED-X speaker, men’s coach, and founder of the UNcivilized Men’s Movement.
In this episode, Traver and I talk about how to say goodbye to the “Nice Guy” and start the journey into an actualized version of masculinity. This discussion is all about delving into the suffering of men, the importance of confronting yourself and taking personal responsibility, and the steps taken toward the path of becoming uncivilized.
Show Highlights
- [02:14] Why do “Nice Guys” need to die?
- [09:11] Who’s responsible for whose happiness?
- [17:53] Relationships as three different buckets
- [28:23] Man UNcivilized
- [36:55] Society’s role in making “Nice Guys”
- [41:14] Personal responsibility, accountability, and discipline
- [47:16] Where to find more Traver Boehm
Links and Resources
🟢 Man UNcivilized → ManUNcivilized.com
🟢 Traver’s Instagram → Instagram.com/TraverBoehm
🟢 Intuitive Finance with Dylan Bain → DylanBain.com
🟢 Intuitive Finance Toolkit → DylanBain.com/Toolkit
🟢 Instagram → Instagram.com/TheDylanBain
🟢 Threads → Threads.net/@TheDylanBain
🟢 Facebook → Facebook.com/FiscallySavage
🟢 Twitter → Twitter.com/FiscallySavage
Books Mentioned
🟢 Man UNcivilized by Traver Boehm → ManUNcivilized.com/TheBook
🟢 Today I Rise by Traver Boehm → shorturl.ac/TodayIRise-TraverBoehm
Money is not about discipline. It is about emotions. It is about our past, present, and future.
Our money stories aren’t just about us. It is about our families, our partners, the people in our everyday lives.
And so, to get to the root of our money stories, we first need to get to the root of our emotions. And, as many of us know, that is easier said than done. But there isn’t a better time to begin than right now.
Join us now to learn about the idea behind financial therapy, and why psychology and finance don’t seem like an odd fit after all.
Show Highlights
- [04:57] The idea behind financial therapy
- [08:01] Getting to the root of your money story
- [12:20] Why “you need discipline” is poor advice
- [14:14] Combining psychology and finance
- [17:32] Seeking professional help for financial therapy
- [20:34] Financial therapists and financial coaches
- [24:30] Whose money story it really is
Links and Resources
🟢 The Money Equation → DylanBain.com/Money-Equation
🟢 EP 094 - Building Healthy Relationships with Duey Freeman → shorturl.ac/IntuitiveFinance094
🟢 EP 097 - Communication in a Relational World with Mark Sylvester → shorturl.ac/IntuitiveFinance097
🟢 Intuitive Finance with Dylan Bain → DylanBain.com
🟢 Intuitive Finance Toolkit → DylanBain.com/Toolkit
🟢 Instagram → Instagram.com/TheDylanBain
🟢 Threads → Threads.net/@TheDylanBain
🟢 Facebook → Facebook.com/FiscallySavage
🟢 Twitter → Twitter.com/FiscallySavage
Sometimes, misery and shame is comfortable. It’s always been in your life. It’s predictable. It’s safe.
But until when can you keep this in your reality and in your relationships? Until when can you keep holding yourself back? Until when do you plan to continue on the path of conscious misalignment?
Let’s give a warm welcome to our guest Jordan Gray as he lends us his expertise to answer all our questions about relationships and how we deal with shame, reality, and all the other obstacles that keep us from moving forward.
Join us in this special episode of Intuitive Finance as we reimagine your relationship and money story.
Show Highlights
- [01:53] Jordan’s journey into relationship coaching
- [04:24] The actual goal of relationship coaching
- [08:06] Shame and fear as defense mechanisms
- [13:38] Shame as a safety blanket
- [19:15] Shame as something predictable
- [21:44] Having the right relationship with reality
- [25:17] Dealing with and moving forward from the now
- [31:01] The path to openness and saying yes
- [37:57] The big stumbling blocks to moving forward
Links and Resources
🟢 Jordan Gray Consulting → JordanGrayConsulting.com
🟢 Intuitive Finance with Dylan Bain → DylanBain.com
🟢 Intuitive Finance Toolkit → DylanBain.com/Toolkit
🟢 Instagram → Instagram.com/TheDylanBain
🟢 Threads → Threads.net/@TheDylanBain
🟢 Facebook → Facebook.com/FiscallySavage
🟢 Twitter → Twitter.com/FiscallySavage
Our entire society is run by financial institutions. Financial institutions and transactions – well, that involves money. The problem is that money and trust hardly ever mix.
So what has been done to establish such trust? How do we continue to trust despite these institutions failing us in the past? And most importantly, what can this do for our personal financial growth?
Find out in this episode as we discuss the crucial role of trust in finance.
Show Highlights
- [02:22] Trust in transactions
- Ways financial institutions provide trust
- [06:05] Arm’s length transactions
- [07:56] Regulation and transparency
-
[10:58] Reducing friction in the system
-
Instances financial institutions have failed
- [12:08] The Great Depression
- [13:49] The Great Recession
-
[14:54] The case of Bernie Madoff
-
How to build trust with your “clients”
- [16:40] Transparency and honesty
- [18:27] Consistent communication
- [19:54] Clear expectations
- [20:43] Long-term relational focus
- [23:28] Feedback
Links and Resources
🟢 EP 094 - Building Healthy Relationships with Duey Freeman → shorturl.ac/IntuitiveFinance094
🟢 Intuitive Finance with Dylan Bain → DylanBain.com
🟢 Intuitive Finance Toolkit → DylanBain.com/Toolkit
🟢 Instagram → Instagram.com/TheDylanBain
🟢 Threads → Threads.net/@TheDylanBain
🟢 Facebook → Facebook.com/FiscallySavage
🟢 Twitter → Twitter.com/FiscallySavage
Money is emotional. That’s why putting logic at the forefront never works out.
Personal finance is personal. And so, in order to reimagine our money stories and build better financial habits, we have to start treating them that way.
Facing the conflict between the “right” logical approach versus emotional financial spending isn’t easy. Money conversations never are. But the process and the challenge is 100% worth it.
Why don’t we start now?
Show Highlights
- [03:33] Emotions at the driver’s seat
- [07:49] Poor attachments and addiction
- Case studies of emotional financial spending
- [11:37] Spending to feel better
- [16:05] Spending to numb out
-
[18:26] Spending out of avoidance
-
[20:34] How to build better financial habits
Links and Resources
🟢 EP 094 - Building Healthy Relationships with Duey Freeman → shorturl.ac/IntuitiveFinance094
🟢 Intuitive Finance with Dylan Bain → DylanBain.com
🟢 Intuitive Finance Toolkit → DylanBain.com/Toolkit
🟢 Instagram → Instagram.com/TheDylanBain
🟢 Threads → Threads.net/@TheDylanBain
🟢 Facebook → Facebook.com/FiscallySavage
🟢 Twitter → Twitter.com/FiscallySavage
Communication is one of the most regular things we do to build our relationships, so why is it that a lot of us have no idea how we’re actually supposed to do it?
Mark Sylvester is a celebrated innovator whose journey epitomizes innovation. Notable for his award-winning efforts in the tech and entertainment industry, he is also a seasoned podcaster in his own right. Mark is the force behind the transformative audio education format PodClass, and is the executive producer for StorytellingSchool.com, which uses applied storytelling to craft compelling narratives for brands.
In this episode of Intuitive Finance, we step away a bit from tackling your money story head-on and first understand the elements that help you in your journey to reimagine your money story. To do so, join Mark and me as we dive into one of the most important keys in establishing your relationships: effective and intentional communication.
Tune in now!
Show Highlights
- [04:27] The intention of communication
- [11:55] 4 kinds of meetings
- [16:22] The utility of applied improv
- [20:27] "No, but", "Yes, but", and "Yes, and" with Mark and Dylan
- [24:30] Living in a relational versus transactional world
- [29:25] Winning versus leading a team to success
- [33:05] The numbers game and the 1% good ideas
- [37:54] Redefining failure
- [44:47] Every situation is an opportunity to train
About Our Guest Mark Sylvester
🟢 Mark Sylvester → MarkSylvester.com
🟢 Storytelling School → StorytellingSchool.com
🟢 Instagram → Instagram.com/MarkRSylvester
🟢 LinkedIn → LinkedIn.com/in/MarkSylvester
Links and Resources
🟢 Intuitive Finance with Dylan Bain → DylanBain.com
🟢 Intuitive Finance Toolkit → DylanBain.com/Toolkit
🟢 Instagram → Instagram.com/TheDylanBain
🟢 Threads → Threads.net/@TheDylanBain
🟢 Facebook → Facebook.com/FiscallySavage
🟢 Twitter → Twitter.com/FiscallySavage
We all carry money stories that already began way back when we were children. In many cases, these stories that come to shape our approach toward finance lead us to form self-sabotaging actions and unhealthy relationships with money.
So how do we change the narrative and rewrite these money stories into something that actually works for us?
Show Highlights
- [01:37] Stories and social programming
- Five stories we carry around our money and how they shape our actions
- [04:14] The story of scarcity and having enough
- [08:22] The story of linking self-worth to wealth and income
- [11:23] The story of money as the root of all evil
- [13:53] The story of avoidance and fear of making a mistake
-
[16:16] The story of control and getting lucky
-
[18:42] Five tips on how to rewrite your money stories
Links and Resources
🟢 Intuitive Finance with Dylan Bain → DylanBain.com
🟢 Intuitive Finance Toolkit → DylanBain.com/Toolkit
🟢 Instagram → Instagram.com/TheDylanBain
🟢 Threads → Threads.net/@TheDylanBain
🟢 Facebook → Facebook.com/FiscallySavage
🟢 Twitter → Twitter.com/FiscallySavage
Humans are social beings. We’re built to be part of a tribe. We’re built to form relationships, walk distances, and value ourselves beyond our jobs, our vehicles, and our money.
So why does it seem like more often than not, we lose track of the very things that actually make us human?
Join us in our latest episode as we look beyond just our economic value, learn to build healthier relationships, and dictate our own money stories — only here at Intuitive Finance.
Show Highlights
- [02:16] Humans as part of a tribe
- [06:26] Profit over people
- [10:48] The market will bear mentality
- [14:15] Onto relational finance
- [17:05] Getting rid of extractive relationships
- [20:21] What matters at the end of the day
Links and Resources
🟢 Intuitive Finance with Dylan Bain → DylanBain.com
🟢 Intuitive Finance Toolkit → DylanBain.com/Toolkit
🟢 Instagram → Instagram.com/TheDylanBain
🟢 Threads → Threads.net/@TheDylanBain
🟢 Facebook → Facebook.com/FiscallySavage
🟢 Twitter → Twitter.com/FiscallySavage
Books Mentioned
🟢 Tribe: On Homecoming and Belonging by Sebastian Junger → sebastianjunger.com/tribe-by-sebastian-junger
When we say “relationship,” the first thing that comes into mind is a partner, and then afterwards, family, friends, kids, maybe even co-workers.
But a relationship is also that waiter in that restaurant you ate, or the clerk at the store. It’s with the land that you walk on, the trees that surround you. It’s with food, television, and yes, money. Relationship is, in a word, everywhere.
So why is it that most people struggle, and what can be done to start building better ones?
Our very first guest at Intuitive Finance is Duey Freeman, an educator, licensed therapist, and co-founder of the Gestalt Equine Institute. Backed by an extensive background of over 50 years, listen in as Duey talks through with Dylan how to start establishing healthy relationships – with people, with nature, and with your money.
Show Highlights
- [00:55] Duey’s 50-year background in relationships
- [03:14] What does a relationship really look like?
- [06:48] Effects of nature and relationship deprivation
- [11:56] Contact, the core of building healthier relationships
- [16:27] Effects of not knowing how to make contact
- [20:03] Predicting the inanimate versus forming a trust bond
- [24:24] Trust issues and the 3 minimum parts of a relationship
- [29:57] Talking about resources in a relationship
- [34:54] Creating contact around resources
- [35:52] Quantifying versus trusting
About our guest Duey Freeman
🟢 Duey Freeman → DueyFreeman.org
🟢 Gestalt Equine Institute of the Rockies → GestaltEquineInstitute.com
🟢 Colorado Ecotherapy Institute → ColoradoEcotherapyInstitute.com
🟢 Instagram → Instagram.com/DueyFreeman
🟢 Facebook → Facebook.com/Duey.Freeman
🟢 LinkedIn → LinkedIn.com/in/duey-freeman-6810a749/
Links and Resources
🟢 Intuitive Finance with Dylan Bain → DylanBain.com
🟢 Intuitive Finance Toolkit → DylanBain.com/Toolkit
🟢 Instagram → Instagram.com/TheDylanBain
🟢 Threads → Threads.net/@TheDylanBain
🟢 Facebook → Facebook.com/FiscallySavage
🟢 Twitter → Twitter.com/FiscallySavage
When did we start letting numbers define us as human beings? The amount of money you have in the bank, your credit score, your net worth – these all indicate something important in our modern, currency-driven world. But the one thing it shouldn’t define is who we are.
In this latest episode of Intuitive Finance, join us as we dive into bringing relationships back at the heart of personal finance and redefining what it really means to be successful in our money stories.
Show Highlights
- [02:59] The quantifiable versus the experiential
- [04:26] Bringing relationships back into focus
- [06:59] From “I’ll get the next one” to creating currency
- [09:03] The creation of debt instruments
-
[11:40] Proposing a new financial revolution framework
-
- [11:59] Being human-centered
- [13:53] Establishing meaningful interactions
- [15:45] Redefining success
Links and Resources
🟢 Intuitive Finance with Dylan Bain → DylanBain.com
🟢 Intuitive Finance Toolkit → DylanBain.com/Toolkit
🟢 Instagram → Instagram.com/TheDylanBain
🟢 Threads → Threads.net/@TheDylanBain
🟢 Facebook → Facebook.com/FiscallySavage
🟢 Twitter → Twitter.com/FiscallySavage
How often have we seen ourselves and other people around us be defined by their wealth? Is money and the accompanying pressure why some people struggle with work-life balance? How is earning money for the family resulting into less time for them? Is it really just one or the other? And why does being rich somehow negate being a good person?
Hold on. What is money in the first place? Why does it matter so damn much? And how do we start to navigate our complex relationship with it?
Listen in as we define money – what it is and isn’t, what it means for us and our relationships, and how it all fits in with the rest of our individual stories.
Show Highlights
- [01:19] The problem with most money stories
- [05:06] What is money, really?
- [10:52] What money isn’t
- [12:55] Money and false choices
- [19:42] False choices and the end goal of one’s work
- [21:58] What Intuitive Finance sets up
Links and Resources
🟢 Intuitive Finance with Dylan Bain → DylanBain.com
🟢 Intuitive Finance Toolkit → DylanBain.com/Toolkit
🟢 Instagram → Instagram.com/TheDylanBain
🟢 Threads → Threads.net/@TheDylanBain
🟢 Facebook → Facebook.com/FiscallySavage
🟢 Twitter → Twitter.com/FiscallySavage
From surviving and thriving under a savage mindset not so long ago, let’s now take a peek at how we can grow from there. Welcome to our first-ever episode as Intuitive Finance.
What’s next after surviving a hard-fought battle? We can go back to what we have gotten used to and jump right back into the fight. Or we can do the hard thing: sit down, get out of our comfort zones, and reimagine our money stories.
So where do we start?
Show Highlights
- [02:59] Saying goodbye to the savage mindset
- [06:31] What makes a healthy relationship?
- [09:59] Wealth and self-worth
- [12:45] Attachment and authenticity to self
- [17:09] It’s all about relationships
Links and Resources
🟢 Intuitive Finance with Dylan Bain → DylanBain.com
🟢 Intuitive Finance Toolkit → DylanBain.com/Toolkit
🟢 Instagram → Instagram.com/TheDylanBain
🟢 Threads → Threads.net/@TheDylanBain
🟢 Facebook → Facebook.com/FiscallySavage
🟢 Twitter → Twitter.com/FiscallySavage
Budgeting is key to achieving financial independence, and at first glance, it seems like a simple solution to a complex issue. By understanding your monthly inflows and outflows, you can easily identify where you’re spending too much and cut down on your expenses or you may decide to pursue a side hustle for extra income.
But as you go through the process of taking control of your financial life, many things will come up. This is an unavoidable part of the process, and it is the number one reason why budgets fail.
In today’s episode, Dylan discusses the emotional excavation that goes along with budgeting and how you can overcome your feelings about money.
Show Highlights
- [02:15] Why budgeting can bring up feelings of fear
- [07:02] Why budgeting can bring up intergenerational issues
- [09:09] Other emotions that budgeting can bring up
- [19:57] Why budgeting is an ongoing process
- [21:17] Attachment issues, according to Duey’s Freeman attachment cycle
Links and Resources
🟢 Money & Parenting: What’s Our Role as Parents? → shorturl.ac/moneyandparenting
🟢 Fiscally Savage → FiscallySavage.com
🟢 Fiscally Savage Tools → FiscallySavage.com/tools
🟢 Instagram → Instagram.com/TheDylanBain
🟢 Threads → Threads.net/@TheDylanBain
🟢 Facebook → Facebook.com/fiscallysavage
🟢 Twitter → Twitter.com/FiscallySavage
In our last week as Fiscally Savage, let’s look back at our roots, at where it all started. It wasn’t pretty, it wasn’t easy. But what a journey it’s been indeed – defined by life-altering choices, pivotal moments of realization, love and support from family and friends, and an unwavering willingness to grow.
Join us as we reminisce how the savage mindset came to be, and the discovery of what life offers beyond just survival.
Show Highlights
- [01:16] The end of a teaching career
- [07:27] The beginning of the savage mindset
- [12:53] Shifting towards an accounting career
- [17:50] Figuring out the rest of the missing pieces
- [20:16] Succeeding beyond the comfort zone
Links and Resources
🟢 Fiscally Savage → FiscallySavage.com
🟢 Fiscally Savage Tools → FiscallySavage.com/tools
🟢 Instagram → Instagram.com/TheDylanBain
🟢 Threads → Threads.net/@TheDylanBain
🟢 Facebook → Facebook.com/fiscallysavage
🟢 Twitter → Twitter.com/FiscallySavage
There is an emotional element in our attitudes and decision-making around money. And when that element takes over, financial challenges like overspending can occur.
In this episode, Dylan walks us through the emotional wounds that lead to overspending, the ways we fall victim to them, and how we can take back control over our personal finances.
Show Highlights
- [03:05] The four things that are at the root of most people’s overspending
- [04:29] How the childlike excitement over having money dovetails with overspending and retail therapy
- [07:08] How having more money than normal can inflate our sense of safety and security
- [10:10] On the idea of nobility in poverty
- [15:41] Self-doubt about money and how it leads to overspending
Links and Resources
🟢 Fiscally Savage → FiscallySavage.com
🟢 Fiscally Savage Tools → FiscallySavage.com/tools
🟢 Instagram → Instagram.com/TheDylanBain
🟢 Threads → Threads.net/@TheDylanBain
🟢 Facebook → Facebook.com/fiscallysavage
🟢 Twitter → Twitter.com/FiscallySavage
Books Mentioned
🟢 Wild at Heart: Discovering The Secret of a Man's Soul by John Eldredge → shorturl.ac/eldredgewildatheart
Let’s be real, being audited and paying taxes is nobody’s favorite pastime. So what happens in that off-chance that you win the unfortunately IRS lottery of random selection?
In this last installment to our Tax Education series, listen in as we discuss why auditors get a bad rap, who actually gets special attention in audit selections, and what to do when you open your mail one day and you see the official IRS letterhead. Spoiler: Ignoring it is not an option.
Show Highlights
- [02:12] Why people are so afraid of auditors
- [07:11] Who makes for a more likely auditing target
- [11:03] What to do when you actually get audited by the IRS
- [17:57] 3 ways to help protect yourself in an audit
Links and Resources
🟢 Tax Education Part 3: Tax Planning → shorturl.at/cxTV2
🟢 Fiscally Savage → FiscallySavage.com
🟢 Fiscally Savage Tools → FiscallySavage.com/tools
🟢 Instagram → Instagram.com/TheDylanBain
🟢 Threads → Threads.net/@TheDylanBain
🟢 Facebook → Facebook.com/fiscallysavage
🟢 Twitter → Twitter.com/FiscallySavage
The US Federal Bank recently rolled out a new system called FedNow, and as expected, the media has gone into a frenzy. Is this the start to a surveillance state? Is this just a mask to a central bank digital currency? Are we going to be a cashless society?
Let’s take a breather and sit down, look at the history, then at the current state of US financial networks, and specifically, where the new FedNow system fits.
Listen in now on our latest episode of Fiscally Savage, as we delve into the basics of FedNow, what it really changes in our current system, and what concerns we should actually have.
Spoiler: Don’t get swept by the media frenzy!
Show Highlights
- [01:04] The Federal Reserve Bank's role
- [02:21] What is the FedNow system?
- [05:03] The history of ACH transfers
- [11:58] Instant payment systems versus digital wallet services
- [14:21] FedNow pros and cons
- [15:53] The validity to common FedNow concerns
Links and Resources
🟢 A Brief History Of Central Banking In The US → shorturl.at/zEIS3
🟢 Fiscally Savage → FiscallySavage.com
🟢 Fiscally Savage Tools → FiscallySavage.com/tools
🟢 Instagram → Instagram.com/TheDylanBain
🟢 Threads → Threads.net/@TheDylanBain
🟢 Facebook → Facebook.com/fiscallysavage
🟢 Twitter → Twitter.com/FiscallySavage
Tune in now on Fiscally Savage for another enlightening discussion about the complex world of taxes!
In this episode, we continue with our “not tax advice” but rather Tax Education series as we dive into tax planning strategies for both W2 employees and self-employed individuals.
Learn about the W-4 form, psychology and its relation to money and taxes, often-forgotten aspects of owning a business, why you need a “tax guy”, and lastly, effective ways to optimize your taxes.
Join us as we revolutionize your approach to financial sovereignty and set you on the path to financial freedom and empowerment.
Show Highlights
- [02:53] What is tax planning?
- Tax planning for W2 employees
- [03:42] The W-4 form
- [06:26] Emotions, taxes, and loss aversion
-
[10:25] Most effective ways for W2 employees to tax plan
-
Tax planning for self-employed individuals
- [16:57] What most business owners forget
- [18:32] The self-employment tax
- [19:19] The importance of having a “tax guy”
- [23:16] Tax planning must-knows for the self-employed
Links and Resources
🟢 Fiscally Savage → FiscallySavage.com
🟢 Fiscally Savage Tools → FiscallySavage.com/tools
🟢 Instagram → Instagram.com/fiscallysavage
🟢 Facebook → Facebook.com/fiscallysavage
🟢 Twitter → Twitter.com/FiscallySavage
As humans, we need food, security, intimacy, self-esteem, and purpose. But we need money to fulfill these needs.
In this episode, Dylan discusses Maslow’s famous hierarchy of needs, how money impacts that hierarchy, and how understanding that hierarchy can help us build better, long-lasting relationships.
Show Highlights
- [03:46] Why finances are critical to relationships
- [07:36] What is Maslow’s hierarchy of needs?
- [08:13] Tiers one and two as the service to self tiers
- [10:27] Tiers three and four as the service to others tiers
- [12:12] Tier five as the tier of self-actualization or service to a higher purpose
- [12:46] The problem with “tier zero” people or the “unaware”
- [15:16] Why tier zero people struggle to move up the hierarchy
- [16:45] The challenges that tiers one and two people face when moving up the hierarchy
- [20:46] Who are the “sensitive seekers”?
- [21:54] The truth about Maslow’s hierarchy of needs
Links and Resources
🟢 Fiscally Savage → FiscallySavage.com
🟢 Fiscally Savage Tools → FiscallySavage.com/tools
🟢 Instagram → Instagram.com/fiscallysavage
🟢 Facebook → Facebook.com/fiscallysavage
🟢 Twitter → Twitter.com/FiscallySavage
Taxes can be downright bewildering and scary – but that’s exactly what you’re made to feel. In this episode, we continue to embark on an enlightening journey through the world of taxes. This time, we learn about how to avoid them.
Yes, avoid. It sounds wrong for most people, but tax avoidance is legal – entirely different from tax evasion. Essentially, you can avoid taxes if you know how to take advantage of the tax code. And for that, there are many steps you can take.
For this of course, we also first need to identify the primary question: Do you really have a tax problem, or do you have an income problem?
Join us as we demystify the complex through tax education, in this latest episode of Fiscally Savage.
Show Highlights
- [03:27] Tax avoidance versus tax evasion
- Avoiding taxes if it's a tax problem
- [07:13] Standard deduction
- [09:32] Retirement accounts
-
[11:21] Savings accounts
-
Avoiding taxes if it’s an income problem
- [16:31] Tax credits
- [18:44] Tax strategies
- [20:03] Starting a business
Links and Resources
🟢 401(k) vs. 403(b) vs. IRA: Which Is Better for Retirement → shorturl.at/fEP24
🟢 Fiscally Savage → FiscallySavage.com
🟢 Fiscally Savage Tools → FiscallySavage.com/tools
🟢 Instagram → Instagram.com/fiscallysavage
🟢 Facebook → Facebook.com/fiscallysavage
🟢 Twitter → Twitter.com/FiscallySavage
Welcome to another episode of Fiscally Savage as we talk about the Fed’s latest moves to control inflation in the US economy. It can be challenging to figure out what this actually means, and easy to get lost among the weeds. Everybody online has their own spin on the news - which can make for a confusing picture at a time when you need the facts.
What is their game plan in all of this? Is there any truth to the official numbers being released - especially for China’s economy? What does this mean for listeners like you?
Join me as I tackle the points that matter in these latest developments, and bring to light the reality behind the economic buzz. Together, we can shed some clarity on what’s going on in these unprecedented times.
Show Highlights
- [00:42] Why the inflation slowdown isn’t all that great
- [02:31] Long COVID, retirement, and the Fed
- [06:22] What does deflation actually look like
- [07:49] “What happens when I stop spending money?”
- [10:28] How China might actually have it worse
- [12:57] Economies of scale make things (almost) cheaper
Links and Resources
🟢 Fiscally Savage → FiscallySavage.com
🟢 Fiscally Savage Tools → FiscallySavage.com/tools
🟢 Instagram → Instagram.com/fiscallysavage
🟢 Facebook → Facebook.com/fiscallysavage
🟢 Twitter → Twitter.com/FiscallySavage
Taxes can be downright bewildering and scary – but that’s exactly what you’re made to feel. In this episode, we embark on an enlightening journey through the world of taxes.
There’s the complexities of federal income taxes, including standard deduction, capital gains, and payroll taxes. On the other side are the state income taxes, including sales and property taxes. Lastly, there’s the age-old question: How important are taxes to us personally? Or more specifically, do we really need to worry as much as we do about it?
Join us as we demystify the complex through tax education, in this latest episode of Fiscally Savage.
Show Highlights
- [02:56] Why are taxes intimidating and confusing?
- [06:35] Breaking down federal income taxes
- [08:10] Standard deduction
- [09:33] Capital gains
-
[12:16] Payroll taxes
-
[15:20] Breaking down state income taxes
- [20:12] Sales taxes
-
[24:59] Property taxes
-
[27:45] How important are taxes, really?
Links and Resources
🟢 Fiscally Savage → FiscallySavage.com
🟢 Fiscally Savage Tools → FiscallySavage.com/tools
🟢 Instagram → Instagram.com/fiscallysavage
🟢 Facebook → Facebook.com/fiscallysavage
🟢 Twitter → Twitter.com/FiscallySavage
Join us on another episode of Fiscally Savage as we discuss the recent developments surrounding President Biden's student loan forgiveness plan.
What’s the Supreme Court’s role in government, and how did it come into play with their decision to strike out the program? What are the various opinions surrounding the plan, and what are Biden’s next steps?
Going beyond the headlines, let’s respond to these recent events and make informed choices. Tune in for an empowering and informative discussion that combines insights on the future of student loans and your personal financial decision-making.
Show Highlights
- [01:31] The Supreme Court's role in government
- [02:50] Recent developments on the student loan forgiveness plan
- [04:39] The major questions doctrine
- [06:27] The Higher Education Act of 1965 as Plan B
- [07:55] What's next with student loans?
- [11:55] "What's in it for me?"
Links and Resources
🟢 The Current State of Student Debt: How Did We Get Here? → shorturl.ac/7aqfm
🟢 Fiscally Savage → FiscallySavage.com
🟢 Fiscally Savage Tools → FiscallySavage.com/tools
🟢 Instagram → Instagram.com/fiscallysavage
🟢 Facebook → Facebook.com/fiscallysavage
🟢 Twitter → Twitter.com/FiscallySavage
In this bonus episode of Fiscally Savage, let us remember what we are celebrating and join me as I read the Declaration of Independence. Happy July fourth!
Show Highlights
- [00:33] A reading of the Declaration of Independence
Links and Resources
🟢 Fiscally Savage → FiscallySavage.com
🟢 Fiscally Savage Tools → FiscallySavage.com/tools
🟢 Instagram → Instagram.com/fiscallysavage
🟢 Facebook → Facebook.com/fiscallysavage
🟢 Twitter → Twitter.com/FiscallySavage
In this special July 4th episode of Fiscally Savage, let’s dive deep into our historical roots, as we trace the impact of British colonial rule and the American Revolution on the current United States tax system.
From the origin of “no taxation without representation” to the main issues that fueled the revolution, we explore how hundreds of years worth of historical events shaped the tax policies that persist today.
Join us as we unravel the intricate connections between the past and present, shedding light on the enduring influence of American history on modern-day taxation.
Show Highlights
- [02:27] The origin of “no taxation without representation”
- [05:43] Issues that led to the American Revolution
- [08:00] The byproduct of Enlightenment thinking and coffee importation
- [09:59] On the state of play post-revolution
- [12:26] Taxes paid by today’s average American citizen
- [17:28] The truth behind taxes in California vs Texas
Links and Resources
🟢 Fiscally Savage → FiscallySavage.com
🟢 Fiscally Savage Tools → FiscallySavage.com/tools
🟢 Instagram → Instagram.com/fiscallysavage
🟢 Facebook → Facebook.com/fiscallysavage
🟢 Twitter → Twitter.com/FiscallySavage
In this episode of Fiscally Savage, we delve into supply-side economics — a macroeconomic theory that developed in response to the stagflation of the 1970s. We examine how it provided the foundation for former Pres. Ronald Reagan’s economic policies in the 1980s, the key figures of this school, the major criticisms levelled against it, and more.
Show Highlights
- [03:07] Why supply-side economics is also called Reaganomics
- [06:33] The effects of Pres. Ronald Reagan’s economic policies in the 1980s
- [16:35] Major thinkers of supply-side economics
- [19:47] Criticisms of the Laffer Curve
- [25:08] Other major criticisms of supply-side economics
Links and Resources
🟢 Fiscally Savage → FiscallySavage.com
🟢 Fiscally Savage Tools → FiscallySavage.com/tools
🟢 Instagram → Instagram.com/fiscallysavage
🟢 Facebook → Facebook.com/fiscallysavage
🟢 Twitter → Twitter.com/FiscallySavage
Living paycheck to paycheck might not seem so bad at first. After all, you have your basic needs accounted for, even if there isn’t much left over at the end of every month.
But that’s a position with very little sovereignty, if at all. There’s no way to look ahead because you can’t afford to save money, and there’s no real security with your money today because you’re overly dependent on your job.
The good news is you don’t have to be stuck in that position. In this episode, we’ll go through a list of five things you can do to move forward if you’re living paycheck to paycheck.
Show Highlights
- [02:59] The importance of taking a breath
- [03:44] Why examine your situation if you’re living paycheck to paycheck
- [05:41] Why you should create a plan for the short- and long-term
- [16:56] Traps to avoid if you’re living paycheck to paycheck
- [24:33] The importance of re-examining whose life you’re really living
Links and Resources
🟢 The Plain Bagel (Richard Coffin) on YouTube → YouTube.com/@ThePlainBagel
🟢 Fiscally Savage → FiscallySavage.com
🟢 Fiscally Savage Tools → FiscallySavage.com/tools
🟢 Instagram → Instagram.com/fiscallysavage
🟢 Facebook → Facebook.com/fiscallysavage
🟢 Twitter → Twitter.com/FiscallySavage
This Friday on Fiscally Savage, we discuss the Chicago school of economics — an influential school of thought led by Nobel Laureate Milton Friedman that has left an indelible mark on economic theory and policy across the globe.
How did Friedman and his colleagues differentiate themselves from their contemporaries, like the Austrian economists? And how did their distinctive views on topics such as inflation, monetary policy, and business responsibility shape the world we live in today?
Join me in this episode as I explore the roots of the Chicago school of economics, its defining principles, its influence on economic thought and policy in the United States, and more.
Show Highlights
- [01:08] The origin of the Chicago school of economics
- [02:01] The core principles of the Chicago school of economics
- [10:02] How the Chicago economists differed from the Austrian economists
- [12:55] How the Chicago economists differed from the classical economists
- [15:50] George Stigler and Gary Becker’s ideas that became core to the Chicago school of economics
- [19:17] Milton Friedman’s ideas in “A Monetary History of the United States”
- [21:40] The key differences between Friedman's and John Maynard Keynes’ ideas
- [25:59] The social responsibility of businesses, according to Friedman
- [28:06] Monetary policy vs. fiscal intervention
- [32:34] How a negative income tax would work, according to Friedman
- [35:32] How Friedman viewed inflation
Links and Resources
🟢 Fiscally Savage → FiscallySavage.com
🟢 Fiscally Savage Tools → FiscallySavage.com/tools
🟢 Instagram → Instagram.com/fiscallysavage
🟢 Facebook → Facebook.com/fiscallysavage
🟢 Twitter → Twitter.com/FiscallySavage
Books Mentioned
🟢 An Inquiry into the Nature and Causes of the Wealth of Nations by Adam Smith
🟢 A Monetary History of the United States, 1867-1960 by Milton Friedman and Anna Schwartz
There are really only two games in life: finite and infinite.
People who focus on quick wins, short-term gains, and success at all costs play finite games. They swear by start and finish lines and insist on there being winners and losers.
If you want to lay an excellent foundation for your life, finite games won’t cut it. You need to play infinite games instead.
In this episode, Dylan discusses finite and infinite games, the importance of knowing which one we’re playing, and how we can apply the infinite game mindset to different aspects of our lives.
Show Highlights
- [03:20] What is a finite game?
- [04:41] The problem with playing finite games
- [06:49] Other examples of finite games
- [12:39] Infinite games defined
- [15:55] Example of playing an infinite game in a relationship
- [19:19] The importance of having a “just cause” when playing infinite games
- [21:56] Money as an infinite game
Links and Resources
🟢 Alex Hormozi on YouTube → Youtube.com/c/alexhormozi
🟢 “The Infinite Game” by Simon Sinek → SimonSinek.com/books/the-infinite-game
🟢 “Finite and Infinite Games” by James Carse → SimonAndSchuster.com/books/Finite-and-Infinite-Games/James-Carse/9781476731711
🟢 Joshua Weissman on YouTube → Youtube.com/c/JoshuaWeissman
🟢 Fiscally Savage → FiscallySavage.com
🟢 Fiscally Savage Tools → FiscallySavage.com/tools
🟢 Instagram → Instagram.com/fiscallysavage
🟢 Facebook → Facebook.com/fiscallysavage
🟢 Twitter → Twitter.com/FiscallySavage
The Securities and Exchange Commission (SEC) is cracking down once again on crypto exchanges. Early last week, the SEC took aim at Binance and Coinbase — two of the most powerful forces in the world of cryptocurrencies — for allegedly breaching its rules.
In this episode, Dylan unpacks the cases against Binance and Coinbase and what their outcome could mean for the crypto sector.
Show Highlights
- [01:42] A recap of why the crypto exchange FTX went bankrupt
- [04:26] Whether crypto passes the Howey Test
- [08:21] What it means to trade
- [12:46] Why the SEC is suing Coinbase and Binance
- [14:49] The similarities between FTX and Binance
- [16:31] What is Binance’s Sigma Chain?
- [20:45] What is happening to Coinbase and Binance now?
- [22:59] On the SEC’s apparent hostility to cryptocurrencies in general
- [25:37] Why forcing crypto exchanges into the regulatory framework might not be a good idea
Links and Resources
🟢 Fiscally Savage → FiscallySavage.com
🟢 Fiscally Savage Tools → FiscallySavage.com/tools
🟢 Instagram → Instagram.com/fiscallysavage
🟢 Facebook → Facebook.com/fiscallysavage
🟢 Twitter → Twitter.com/FiscallySavage
We’ve all faced financial setbacks in one way or another. A bad investment, an unexpected bill, a business venture that didn’t go according to plan — these financial hiccups can leave even the best of us feeling discouraged and unsure of how to move forward.
That’s where After-Action Review (AAR) comes in. The AAR was originally developed by the US Army as a structured way to learn quickly from soldiers’ experiences in the field. But the AAR is also a powerful tool that can help us recover from financial setbacks and turn them into stepping stones for future success.
In this episode, Dylan walks you through the AAR process, illustrating its potential with his own financial setback. Stick around to learn how you can leverage this tool to transform financial losses into valuable lessons.
Show Highlights
- [04:34] The importance of the grieving process
- [11:26] What is an After-Action Review (AAR)?
- [14:03] Step one of an AAR
- [16:48] Step two of an AAR
- [18:21] Step three of an AAR
- [21:09] Step four of an AAR
- [22:15] Applying an AAR to a divorce
Links and Resources
🟢 Check out Duey Freeman’s website → DueyFreeman.org
🟢 Listen to The UNcivilized Podcast with Traver Boehm → ManUNcivilized.com/blog
🟢 Fiscally Savage → FiscallySavage.com
🟢 Fiscally Savage Tools → FiscallySavage.com/tools
🟢 Instagram → Instagram.com/fiscallysavage
🟢 Facebook → Facebook.com/fiscallysavage
🟢 Twitter → Twitter.com/FiscallySavage
Dylan’s back for another “Ask Me Anything” episode, answering Instagram follower-submitted questions about economic systems, dividend stocks, and money conversations as they pertain to relationships.
Show Highlights
- [01:20] What is Ayn Rand’s Objectivism?
- [07:37] Similarities between Objectivism and the Austrian school of economics
- [10:24] Differences between Objectivism and the Austrian school of economics
- [12:36] Whether an economic system with little to no government intervention can be implemented in the real world effectively
- [15:02] Whether you should buy a house now or wait
- [17:31] Dividend stocks: the good and the bad
- [20:47] Whether dividend stocks are good passive income investments
- [23:44] How couples should discuss money
- [27:39] How early in the dating stage should you discuss money
Links and Resources
🟢 Vikings and Muses Podcast → tinyurl.com/vikingsandmusespodcast
🟢 Fiscally Savage → FiscallySavage.com
🟢 Fiscally Savage Tools → FiscallySavage.com/tools
🟢 Instagram → Instagram.com/fiscallysavage
🟢 Facebook → Facebook.com/fiscallysavage
🟢 Twitter → Twitter.com/FiscallySavage
Navigating the emotional rollercoaster of any loss is one of the most difficult things you have to deal with. Financial losses are no exception.
The loss of a large amount of money can have a traumatic effect, particularly if the financial loss impacts life milestones like the purchase of a home or paying for your child’s education. You may feel there’s no coming back from the loss and, in turn, do things that worsen the situation.
The good news is there are ways you can recover from a financial blow and safeguard against losses in the future. In this episode, we discuss the importance of understanding your risk tolerance, financial market volatility, and tips for handling your losses.
Show Highlights
- [02:41] The importance of understanding the game you’re playing
- [06:36] The price of admission to play the game at all
- [07:34] The best thing to do when you’re in the savings stage of your financial life
- [11:14] Netflix as a case study
- [19:23] Five tips on how to handle loss
Links and Resources
🟢 Just Keep Buying by Nick Maggiulli → tinyurl.com/justkeepbuying
🟢 Fiscally Savage → FiscallySavage.com
🟢 Fiscally Savage Tools → FiscallySavage.com/tools
🟢 Instagram → Instagram.com/fiscallysavage
🟢 Facebook → Facebook.com/fiscallysavage
🟢 Twitter → Twitter.com/FiscallySavage
English economist and philosopher John Maynard Keynes is largely considered to be the father of modern macroeconomics. His ideas in the early 1900s have had a huge impact on both economic theory as a whole and the economic policies of governments worldwide.
In the second part of this three-part series, we discuss Keynesian economics, starting with a refresher on the classical and Austrian schools of economics. We also unpack how he diverged from his contemporaries, the key ideas in his revolutionary book “The General Theory of Employment, Interest and Money,” why Keynesian economics remains largely relevant today, and more.
Show Highlights
- [02:01] Recap of classical economics
- [03:54] Recap of the Austrian school of economics
- [08:07] The context in which John Maynard Keynes found himself in
- [13:39] How Keynes’ economic and educational background shaped his key ideas
- [17:38] Why Keynes differed from his Austrian contemporaries
- [21:26] The key ideas of Keynes’ book “The General Theory of Employment, Interest and Money”
- [26:14] Richard Kahn and his contributions to Keynesianism
- [31:05] Joan Robinson on monopsony
- [32:53] Other notable disciples of Keynes and their works
- [35:57] The pros of Keynesianism
- [41:38] The cons of Keynesianism
- [44:46] Why Keynesianism remains relevant today
Links and Resources
🟢 Schools of Economic Thought Part 1: The Classical Economists → shorturl.at/esTYZ
🟢 Schools of Economic Thought Part 2: The Austrian Economists → shorturl.at/rBKM1
🟢 Fiscally Savage → FiscallySavage.com
🟢 Fiscally Savage Tools → FiscallySavage.com/tools
🟢 Instagram → Instagram.com/fiscallysavage
🟢 Facebook → Facebook.com/fiscallysavage
🟢 Twitter → Twitter.com/FiscallySavage
Books Mentioned
🟢 The General Theory of Employment, Interest and Money by John Maynard Keynes
🟢 The Relation of Home Investment to Unemployment by Richard Kahn
🟢 The Economics of Imperfect Competition by Joan Robinson
🟢 Mr. Keynes and the "Classics"; A Suggested Interpretation by John Hicks
🟢 Stabilizing an Unstable Economy by Hyman Minsky
Budgeting is one of the best tools you have to take control of your money, achieve your financial goals, and set yourself up for success. Unfortunately, it’s not always a given. Many people avoid discussions about budgeting at all costs, mostly because they don’t know where to start. Do they need to save money? Can they even save money? Should they invest it instead?
In today’s episode, Dylan breaks down the three stages of a personal finance journey — income, saving, and investing — to help you take stock of your financial situation.
Show Highlights
- [06:29] The three stages of your personal finance journey
- [07:33] The income stage and what it entails
- [11:09] How income and expenses interact
- [13:19] The best way to grow your income
- [14:17] The savings stage and what it entails
- [19:32] The investment stage and why many people don’t reach it
Links and Resources
🟢 The Storm Before the Storm: The Beginning of the End of the Roman Republic by Mike Duncan → tinyurl.com/thestormbeforethestorm
🟢 Hero of Two Worlds: The Marquis de Lafayette in the Age of Revolution by Mike Duncan → tinyurl.com/herooftwoworlds
🟢 The Simple Path to Wealth by JL Collins → tinyurl.com/fiscallysavage-pathtowealth
🟢 Fiscally Savage → FiscallySavage.com
🟢 Fiscally Savage Tools → FiscallySavage.com/tools
🟢 Instagram → Instagram.com/fiscallysavage
🟢 Facebook → Facebook.com/fiscallysavage
🟢 Twitter → Twitter.com/FiscallySavage
Memorial Day wasn’t always about long weekend road trips, backyard barbecues, or sales. The real meaning of this national holiday is more somber.
In this episode, Dylan talks about the origins of Memorial Day and what this holiday means — and should really mean — for Americans.
Show Highlights
- [02:58] Why Memorial Day was originally known as Decoration Day
- [04:07] The origins of Memorial Day
- [08:52] The first large observance of Decoration Day
- [10:27] When and how Memorial Day became a federal holiday
- [13:14] The financial impact of Memorial Day across the country
- [16:14] How we should actually commemorate Memorial Day
Links and Resources
🟢 Fiscally Savage → FiscallySavage.com
🟢 Fiscally Savage Tools → FiscallySavage.com/tools
🟢 Instagram → Instagram.com/fiscallysavage
🟢 Facebook → Facebook.com/fiscallysavage
🟢 Twitter → Twitter.com/FiscallySavage
Once you’ve figured out what to invest in, you may be wondering how to get started. If you’re like most people, you’ll probably hire a financial advisor. But that’s not the only option.
In this episode, we discuss the three ways you can go about investing and the pros and cons of each.
Show Highlights
- [03:23] The pros of hiring a financial advisor
- [08:54] The cons of hiring a financial advisor
- [16:01] How you can do it yourself when it comes to investing
- [18:56] The pros of DIY index funds
- [21:02] The cons of DIY index funds
- [24:08] Hiring a financial advisor vs. DIY index funds
- [28:01] The third way you can go about investing
Links and Resources
🟢 Investing Basics: Bonds, Stocks, Mutual Funds, and ETFS → tinyurl.com/s01ep65
🟢 401(k) vs. 403(b) vs. IRA: Which Is Better for Retirement → tinyurl.com/s01ep63
🟢 The Simple Path to Wealth by JL Collins → tinyurl.com/fiscallysavage-pathtowealth
🟢 Fiscally Savage → FiscallySavage.com
🟢 Fiscally Savage Tools → FiscallySavage.com/tools
🟢 Instagram → Instagram.com/fiscallysavage
🟢 Facebook → Facebook.com/fiscallysavage
🟢 Twitter → Twitter.com/FiscallySavage
As humans, we all have different needs, and our actions are always influenced by those needs. This idea lies at the heart of what we’d come to know as the Austrian school of economics.
Unlike the classical economists from last week’s episode, Austrian economists like Carl Menger believed that value is completely subjective; that a product's value is based on its ability to satisfy human wants; and that if a product exists in abundance, it will be used in less-important ways.
In the second part of this three-part series, we take a look at the Austrian school of economics, the historical conditions in which it arose, its key ideas, and more.
Show Highlights
- [04:13] Recap of classical economics
- [07:02] The context in which Austrian economist Carl Menger found himself in
- [09:43] The first foundational idea of the Austrian school of economics
- [11:21] The second foundational idea of the Austrian school of economics
- [16:36] The third foundational idea of the Austrian school of economics
- [24:17] The fourth foundational idea of the Austrian school of economics
- [25:29] The fifth foundational idea of the Austrian school of economics
- [30:23] Praxeology: the methodology of Austrian economics
- [35:39] Criticisms of the Austrian school of economics
- [44:38] The relevance of the Austrian school of economics today
Links and Resources
🟢 Schools of Economic Thought Part 1: The Classical Economists → tinyurl.com/s01ep66
🟢 Vikings and Muses Podcast → tinyurl.com/vikingsandmusespodcast
🟢 Fiscally Savage → FiscallySavage.com
🟢 Fiscally Savage Tools → FiscallySavage.com/tools
🟢 Instagram → Instagram.com/fiscallysavage
🟢 Facebook → Facebook.com/fiscallysavage
🟢 Twitter → Twitter.com/FiscallySavage
Investing can be an intimidating prospect for beginners, with a wide variety of asset classes to choose from. But even experienced investors tie themselves up in knots over which assets to add to their portfolios as if there’s somehow a way to predict the future.
To be sure, the investment landscape is ever-evolving. But if you take the time to understand basic investment principles and the different asset classes, you stand to gain significantly in the long term.
In today’s episode, Dylan discusses bonds, stocks, and the vehicles that bundle them together: mutual funds and exchange-traded funds.
Show Highlights
- [04:37] What are stocks and how do they work?
- [08:01] Four factors to consider when buying individual stocks
- [14:39] What are bonds and how do they work?
- [18:00] Three factors to consider when buying a bond
- [19:47] Why neither stocks nor bonds are ideal
- [21:15] What are mutual funds and how do they work?
- [23:46] Actively versus passively managed funds
- [28:04] The difference between mutual funds and exchange-traded funds
- [29:14] Example that illustrates the role that luck and skill play in investment success
Links and Resources
🟢 401(k) vs. 403(b) vs. IRA: Which Is Better for Retirement → https://tinyurl.com/s01ep64
🟢 Fiscally Savage → FiscallySavage.com
🟢 Fiscally Savage Tools → FiscallySavage.com/tools
🟢 Instagram → Instagram.com/fiscallysavage
🟢 Facebook → Facebook.com/fiscallysavage
🟢 Twitter → Twitter.com/FiscallySavage
Economics is one of those things that fundamentally influences our lives on a day-to-day basis. Yet most of us only somewhat understand what it is and how it works.
In the first part of this three-part series, we’ll take a look at classical economics — widely regarded as the first modern school of economic thought — and the historical conditions in which it arose. We’ll also discuss the work of classical economists and how they pioneered a new way of thinking about markets, the way market economics work, and the uniquely human tendency to produce, trade, and consume.
Show Highlights
- [03:29] What is economics?
- [05:15] Historical context of classical economics
- [07:34] Mercantilism and how it works
- [11:58] The context in which Adam Smith wrote “The Wealth of Nations”
- [16:35] Adam Smith on the distribution of wealth
- [19:42] Adam Smith on the division of labor
- [23:52] Say's Law and the theory of comparative advantage
- [27:38] The role of competition in regulating markets
- [29:28] Socioeconomic problems in the 19th century
- [32:17] The Iron Law of Wages
- [33:12] The government’s role in the economy, according to 18th- and 19th-century economists
- [38:28] Problems with the classical economic model
Links and Resources
🟢 An Inquiry into the Nature and Causes of the Wealth of Nations → Adamsmith.org/the-wealth-of-nations
🟢 The Theory of Moral Sentiments → AdamSmith.org/the-theory-of-moral-sentiments
🟢 Beyond Order: 12 More Rules for Life by Jordan B. Peterson → JordanBPeterson.com/beyond-order/
🟢 Fiscally Savage → FiscallySavage.com
🟢 Fiscally Savage Tools → FiscallySavage.com/tools
🟢 Instagram → Instagram.com/fiscallysavage
🟢 Facebook → Facebook.com/fiscallysavage
🟢 Twitter → Twitter.com/FiscallySavage
If you’ve reached the savings stage of your financial life and are thinking of saving for retirement, you’re likely to come across 401(k), 403(b), and IRA account options. While all three can offer you similar benefits, there are some key differences to note among them.
In this episode, Dylan guides you through the similarities and differences between 401(k)s, 403(b)s, and IRAs to help you determine which makes the most sense for your retirement plan.
Show Highlights
- [06:15] The easiest way to think about savings accounts
- [07:03] Three of the biggest companies that handle 401(k)s, 403(b)s, and IRAs
- [09:09] 401(k) and how it works
- [11:10] 403(b) and how it works
- [12:37] IRA and how it works
- [16:36] Roth vs. traditional investments
- [21:51] Different types of funds and investments
- [24:05] Bottom line when it comes to saving for retirement
Links and Resources
🟢 The Millionaire Next Door → https://www.amazon.com/dp/1589795474?tag=fiscallysavag-20&linkCode=osi&th=1&psc=1
🟢 Fiscally Savage → FiscallySavage.com
🟢 Fiscally Savage Tools → FiscallySavage.com/tools
🟢 Instagram → Instagram.com/fiscallysavage
🟢 Facebook → Facebook.com/fiscallysavage
🟢 Twitter → Twitter.com/FiscallySavage
Early this week, the Supreme Court announced that it will hear a case aimed squarely at killing off the Chevron deference — the nearly-four-decade-old legal tool that gives federal agencies wide-ranging power to defend environmental rules in court.
But how did that case come about, and what could overruling the Chevron deference mean for government agencies, businesses, and us as citizens?
In this episode, Dylan breaks down Loper Bright Enterprises v. Raimondo (which explicitly asks whether the Supreme Court should overrule Chevron), the making of the Chevron deference, and where the Supreme Court’s ability to declare laws constitutional actually comes from.
Show Highlights
- [02:24] The three branches of government
- [04:08] The fourth unconstitutional branch of government
- [08:56] How the Chevron deference came about
- [12:03] The two-step test to assess whether a federal agency has overstepped its legal authority
- [16:41] The implications of the Loper Bright Enterprises v. Raimondo case
- [18:54] How the Supreme Court got the ability to rule what's constitutional or unconstitutional
Links and Resources
🟢 Fiscally Savage → FiscallySavage.com
🟢 Fiscally Savage Tools → FiscallySavage.com/tools
🟢 Instagram → Instagram.com/fiscallysavage
🟢 Facebook → Facebook.com/fiscallysavage
🟢 Twitter → Twitter.com/FiscallySavage
Do you ever feel like no matter how hard you try, it’s next to impossible to save money? You try to spend less and put money away, but something almost always comes up. Your car needs new tires, you went over on groceries, your kids have a sporting event — and just like that, saving money takes a back seat.
But while the topic of savings can be intimidating, you don’t need everything to line up perfectly before you save money. You can start by asking yourself these two simple questions: how should I save money, and where should I save money?
In this episode, Dylan talks about savings and offers four key tips for saving money and breathing some fresh air into your budget.
Show Highlights
- [02:12] The importance of savings
- [06:56] The three key phases of your financial life
- [09:03] Four things you need to do if you're in the savings phase
- [10:17] What is a “bullshit” fund?
- [11:59] Three schools of thought on how much money to save for an emergency
- [18:11] Why savings should start with a short-term goal
- [22:21] Why you should continue to save after paying off future expenses
- [23:10] The first place you should save money
- [26:01] The second place you should save money
Links and Resources
🟢 Fiscally Savage → FiscallySavage.com
🟢 Fiscally Savage Tools → FiscallySavage.com/tools
🟢 Instagram → Instagram.com/fiscallysavage
🟢 Facebook → Facebook.com/fiscallysavage
🟢 Twitter → Twitter.com/FiscallySavage
If we want to take control of our financial lives and live free, it’s crucial to separate the signal from the noise. Two topics that have been generating a lot of buzz recently are the M2 money supply and de-dollarization. But beyond the sensational headlines, how much do we truly understand these topics?
In this Friday episode of Fiscally Savage, Dylan discusses the M2 money supply and the factors that influence its growth rate, the centrality of the U.S. dollar in world affairs, and why the U.S. dollar will likely continue to dominate the global stage.
Show Highlights
- [00:55] What is the M2 money supply?
- [04:05] Factors that drive M2 money supply growth
- [06:14] How the M2 money supply decreases
- [09:24] What is the de-dollarization of the global economy?
- [13:21] How the U.S. dollar became the world's reserve currency
- [18:52] Why the U.S. dollar will likely continue to dominate the global stage
- [23:00] Why we shouldn’t be afraid of the recent news about the M2 money supply and de-dollarization
Links and Resources
🟢 Fiscally Savage → FiscallySavage.com
🟢 Fiscally Savage Tools → FiscallySavage.com/tools
🟢 Instagram → Instagram.com/fiscallysavage
🟢 Facebook → Facebook.com/fiscallysavage
🟢 Twitter → Twitter.com/FiscallySavage
In today’s world, we depend on many things, from the electric grid that powers our homes to the cars we drive to go to our jobs. But emergencies and crises, such as the recent COVID-19 pandemic, have shown us how vulnerable we can be when too dependent on external factors.
So, how can we become less reliant on these external systems? Can we even be completely independent of those systems? Better yet — is there a more realistic way we can face life’s uncertainties head-on?
In this episode, Dylan dives into these questions and provides tips for building resiliency in our lives.
Show Highlights
- [04:54] Independence vs. resilience
- [05:44] Examples of things we are dependent on
- [15:10] How dependencies are interconnected
- [18:03] Five tips for building resiliency in your life
- [30:47] How I have used those tips in my life
Links and Resources
🟢 Fiscally Savage → FiscallySavage.com
🟢 Fiscally Savage Tools → FiscallySavage.com/tools
🟢 Instagram → Instagram.com/fiscallysavage
🟢 Facebook → Facebook.com/fiscallysavage
🟢 Twitter → Twitter.com/FiscallySavage
Forget winning or losing. According to bestselling author Simon Sinek, the most important thing is to determine what type of game you’re playing. And in life, there are only two: finite and infinite.
In today’s episode, Dylan talks about the difference between finite and infinite games, how to recognize which game we’re playing, and how we can apply the concept of the infinite game mindset to the different aspects of our lives.
Show Highlights
- [02:09] Finite and infinite games defined
- [03:08] Examples of finite games in sports and history
- [04:34] Examples of how finite and infinite games play out in daily life
- [05:31] Advice for young fathers
- [09:03] Why playing infinite games is key to raising children well
Links and Resources
🟢 “The Infinite Game” by Simon Sinek → SimonSinek.com/books/the-infinite-game
🟢 Fiscally Savage → FiscallySavage.com
🟢 Fiscally Savage Tools → FiscallySavage.com/tools
🟢 Instagram → Instagram.com/fiscallysavage
🟢 Facebook → Facebook.com/fiscallysavage
🟢 Twitter → Twitter.com/FiscallySavage
Last Friday’s episode laid out some of the major problems with taxation in the US. But with our tax system being what it currently is, what can we do about those problems?
In today’s episode, Dylan breaks down tax brackets and federal income tax rates to give you a better understanding of how taxes work. He also provides key strategies you can use to make your taxes work for you.
Show Highlights
- [05:10] Examples of tax structures in different countries
- [09:07] What a progressive tax system is and how it works
- [13:25] Tax brackets and federal income tax rates
- [20:01] The problem most people have with taxes
- [24:36] Effective tax strategies you can use
- [29:39] The value of hiring a tax CPA
Links and Resources
- Fiscally Savage
- Fiscally Savage Tools
- Fiscally Savage on Instagram
- Fiscally Savage on Facebook
- Fiscally Savage on Twitter
Did you know that the average taxpayer in the US takes about 13 hours to do their tax return, that they pay over $200 for tax prep fees, or that if they want to call the IRS for help, they wait about 22 minutes on average to get through if they even get through at all?
These statistics offer a glimpse into just how convoluted and stress-inducing tax filing in the US is. And with Tax Day upon us, you’d be hard-pressed to find someone who thinks otherwise.
But why exactly is the US tax system so complicated? Why do we even pay taxes? How does the government spend our hard-earned tax dollars?
In today’s episode, Dylan attempts to answer these questions and more by exploring the history of taxation in the US, discussing the current problems with our tax system, and breaking down the many different taxes we pay and why we pay them.
Show Highlights
- [01:35] The difference between tax filing overseas and tax filing in the US
- [05:52] A brief history of taxation in the US
- [13:48] The problem with tax preparation services
- [19:46] The different kinds of taxes we pay
- [23:32] How line items in the federal budget are allocated
- [26:21] Why our tax system is complicated
- [30:09] The key to a better tax system
Links and Resources
- Fiscally Savage
- Fiscally Savage Tools
- Fiscally Savage on Instagram
- Fiscally Savage on Facebook
- Fiscally Savage on Twitter
The great investor Warren Buffet once said, “Few aspects of human existence are more emotion-laden than our relationship to money.” You might hear of friends or colleagues who hit it big in crypto or real estate and think you ought to do the same. But that’s just your emotions (and need to fit in) talking.
Unfortunately, we can’t stop having emotions, and we’re simply hardwired to want to conform to social norms. So what can we do if we want to get a handle on our finances?
In today’s episode, Dylan talks about the importance of working in concert with our emotions, how social norms force us to make suboptimal financial decisions, and the most effective approach to wealth building.
Show Highlights
- [04:40] Why human beings are social creatures
- [10:17] How social conventions force us to make suboptimal choices with money
- [14:11] Why even sports champions are not immune to conformity
- [20:10] The price of conforming to social norms
- [22:22] The most effective approach to wealth building
Links and Resources
- Fiscally Savage
- Fiscally Savage Tools
- Fiscally Savage on Instagram
- Fiscally Savage on Facebook
- Fiscally Savage on Twitter
When it comes to making financial decisions, we often think of logic and reason. After all, money is about numbers, calculations, and profits. We like to believe that we make logical choices based on the information we have available, but that’s not always the case.
Emotions, not logic, often dictate our decisions, and this is true for corporations as well. This is because they are run by people, not robots, and humans have a natural inclination towards social validation and fear of exclusion.
This fear of being left out leads to a phenomenon where corporations follow their competitors' actions even if they don't make logical sense.
In today’s episode, Dylan dives into the inverted yield curve, layoffs and their implications for the market, corporate capital structures, and the emotional thread that ties it all together.
Show Highlights
- [01:22] Why money is emotional
- [03:06] What is an inverted yield curve?
- [07:33] How corporate layoffs can signal a recession
- [09:58] Why interest rates and company debt aren't related
- [13:25] Why we make emotional decisions
- [20:37] How social media optimizes validation through dopamine hits
Links and Resources
- Fiscally Savage
- Fiscally Savage Tools
- Fiscally Savage on Instagram
- Fiscally Savage on Facebook
- Fiscally Savage on Twitter
Investing can be fun and exciting. That doesn’t mean it should be.
Like gambling, investing can be addicting, especially now that the ability to buy and sell is right at people’s fingertips, no thanks to trading apps. But when it comes to building wealth, boring basics is the name of the game.
In today’s episode, Dylan discusses investing, assessing your risk tolerance, and how you can build a more wealthy life in the future.
Show Highlights
- [04:07] The difference between investing in a single company versus investing in the entire US stock market
- [11:04] Understanding how the investing game works
- [18:07] The key to chasing your net worth and building a wealthy life in the future
Links and Resources
- Fiscally Savage
- Fiscally Savage Tools
- Fiscally Savage on Instagram
- Fiscally Savage on Facebook
- Fiscally Savage on Twitter
Books Mentioned
- A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing by Burton Malkiel
- The Simple Path to Wealth: Your road map to financial independence and a rich, free life by J. L. Collins
- Just Keep Buying: Proven ways to save money and build your wealth by Nick Maggiulli
The US economy has repeatedly defied predictions of a recession in recent years, but the tumultuous aftermath of the Silicon Valley Bank collapse early this month has rekindled recession fears.
The collapse, which took down several other banks, is in part a rerun of a familiar story, one that highlights the importance of having adequate financial regulations.
In today’s episode, we’ll take a trip down memory lane to the different financial panics and crises in US history to better understand how banking works, the state of the banking industry and the economy, and what financial history can tell us about what may happen next.
Show Highlights
- [03:09] Fractional vs. full reserve banking
- [06:26] Three types of banks
- [08:36] Financial panics before the Great Depression
- [13:08] Why the 1957 financial panic was unique
- [17:06] How the FDIC and the Glass-Steagall Act impacted banking
- [22:03] The Garn-St. Germain Depository Institutions Act of 1982
- [27:39] How the Clinton administration overhauled the Glass-Steagall Act
- [31:00] The aftermath of the repeal of Glass-Steagall
- [35:55] The Dodd-Frank Act and what it does
- [38:13] The current state of US banking after the recent Silicon Valley Bank collapse
Links and Resources
- A Brief History Of Central Banking In The US
- The Silicon Valley Bank Collapse: What You Need to Know
- Fiscally Savage
- Fiscally Savage Tools
- Fiscally Savage on Instagram
- Fiscally Savage on Facebook
- Fiscally Savage on Twitter
It’s easy to calculate your net worth. It’s harder to figure out if you’re on the right track to building wealth.
In today’s episode, Dylan breaks down three friction points in chasing net worth and how we can tackle them to get our financial lives in order.
Show Highlights
- [03:17] Why a very high net worth isn’t always a good thing
- [08:23] Three friction points in chasing net worth
- [10:04] Why people may hesitate to chase net worth
- [17:56] How net worth and wealth increase exponentially
- [25:19] The bottom line when it comes to chasing net worth
Links and Resources
- How to Create a Personal Balance Sheet
- Self-Care and the Hierarchy of Service
- Fiscally Savage
- Fiscally Savage Tools
- Fiscally Savage on Instagram
- Fiscally Savage on Facebook
- Fiscally Savage on Twitter
Swiss financial services company Credit Suisse is the latest victim of a new confidence crisis in banking. But its takeover by rival bank UBS didn’t come of out the blue. It was the inevitable result of many scandals, failures, and disappointments.
In today’s episode, Dylan talks about what happened to Credit Suisse. How did a bank with over 150 years of history collapse so spectacularly? What can we learn from this latest bank fallout? And does this mean we’re in for a repeat of the 2008 financial crisis?
Show Highlights
- [02:22] What is Credit Suisse?
- [09:50] Credit Suisse’s many scandals and failures
- [16:45] Why Credit Suisse’s stock price plunged to a new all-time low
- [21:16] How Swiss regulators resolved the Credit Suisse crisis
- [22:49] On whether the global financial system is on the verge of a widespread collapse
Links and Resources
- Fiscally Savage
- Fiscally Savage Tools
- Fiscally Savage on Instagram
- Fiscally Savage on Facebook
- Fiscally Savage on Twitter
The first step to staying on top of your finances is understanding where you are currently. A personal balance sheet can help you achieve precisely that.
But what exactly is a balance sheet, and how can you put one together?
In today’s episode, Dylan walks you through creating a balance sheet so you can better plan your budget and set goals for increasing your net worth.
Show Highlights
- [02:03] The importance of creating a balance sheet
- [05:32] What counts as assets?
- [11:35] Why you shouldn’t view your primary home as an investment
- [16:38] Why cars and chattels are not assets
- [18:40] What liabilities are and what counts as liabilities
Links and Resources
- Fiscally Savage
- Fiscally Savage Tools
- Fiscally Savage Workshop with Venus and Mars Podcast
- Fiscally Savage on Instagram
- Fiscally Savage on Facebook
- Fiscally Savage on Twitter
The tech industry is facing yet another challenge as its go-to bank, Silicon Valley Bank (SVB) collapsed last week. Once a major lender to VC-backed startups, SVB is now the second largest bank in US history to go under.
The bank’s shocking failure immediately followed the collapse of Silvergate Bank, which served as one of the two main banks for crypto exchanges, along with New York-based Signature Bank — another bank that regulators shut down Sunday in a bid to prevent a looming banking crisis.
The federal government has now stepped in to make depositors whole. But while the recent and sudden deterioration of these crypto-friendly banks has been most impactful to the tech ecosystem, it underscores the risk of financial system interconnectedness.
In this Friday episode, Dylan breaks down the failure of the crypto banking trifecta, the government’s response to this crisis, and how this all relates to the debt ceiling debate.
Show Highlights
- [02:16] Why Silver Gate Bank became the bank of choice for crypto exchanges
- [05:54] What happens when a bank dies
- [09:05] What are bonds?
- [13:08] The two different types of investments that banks hold
- [15:26] How and why Silicon Valley Bank suffered massive losses
- [22:58] How the Silicon Valley Bank collapse affected the value of the USDC stablecoin
- [26:58] Why people’s faith in financial markets is critical
- [28:19] How and why Signature Bank collapsed
- [30:49] How bank bailouts work
- [34:43] How the collapse of the banks relates to the debt ceiling debate
Links and Resources
- Fiscally Savage
- Fiscally Savage Tools
- Fiscally Savage on Instagram
- Fiscally Savage on Facebook
- Fiscally Savage on Twitter
Budgeting is key to achieving financial independence, and at first glance, it seems like a simple solution to a complex issue. By understanding your monthly inflows and outflows, you can easily identify where you’re spending too much and cut down on your expenses or you may decide to pursue a side hustle for extra income.
But as you go through the process of taking control of your financial life, many things will come up. This is an unavoidable part of the process, and it is the number one reason why budgets fail.
In today’s episode, Dylan discusses the emotional excavation that goes along with budgeting and how you can overcome your feelings about money.
Show Highlights
- [02:15] Why budgeting can bring up feelings of fear
- [07:02] Why budgeting can bring up intergenerational issues
- [09:09] Other emotions that budgeting can bring up
- [19:57] Why budgeting is an ongoing process
- [21:17] Attachment issues, according to Duey’s Freeman attachment cycle
Links and Resources
- Money & Parenting: What’s Our Role as Parents?
- Fiscally Savage
- Fiscally Savage Tools
- Fiscally Savage on Instagram
- Fiscally Savage on Facebook
- Fiscally Savage on Twitter
For humans to flourish, we need to find fulfillment in our lives, accomplish meaningful goals, and connect with others on a deep level. But if we want to discuss human flourishing, we need to first grapple with systemic issues that make us sick — suburban isolation, car dependency, and extreme individualism to name a few.
In this Friday episode, Dylan shines a light on the anti-human society we live in, how it makes and keeps us sick, and the ways in which we can rebel against it.
Show Highlights
- [02:34] What does a deeply anti-human society look like?
- [09:20] Examples of things that are pro-human
- [11:08] Examples of acts of rebellion is an anti-human society
Links and Resources
- Venus and Mars Podcast by Anya Shakhmeyster
- Fiscally Savage
- Fiscally Savage Tools
- Fiscally Savage on Instagram
- Fiscally Savage on Facebook
- Fiscally Savage on Twitter
Books Mentioned
- The Wealth of Nations by Adam Smith
If your finances are a house, then your budget is its foundation.
Budgeting plays a key role in helping you achieve your financial goals, but creating a budget and living by it are two different things. It’s easy to create a budget plan outlining your income and expenses for the month. The hard part is sticking to that plan day in and day out.
In today’s episode, Dylan discusses budgeting and the importance of grounding it in reality.
Show Highlights
- [02:38] What happens when you start getting your financial house in order
- [05:01] Why budgets as a statement of values, a conversation, and a starting point
- [09:25] How to start a budget with the Fiscally Savage Spending Analyzer
- [11:42] What is zero-based budgeting?
- [18:42] What’s next after estimating your expenses?
- [23:25] Why budgeting is an evergreen commitment
Links and Resources
- The First Step in Creating a Budget
- Fiscally Savage
- Fiscally Savage Tools
- Fiscally Savage on Instagram
- Fiscally Savage on Facebook
- Fiscally Savage on Twitter
This week, the Supreme Court heard two cases challenging President Joe Biden’s one-time student loan forgiveness plan. The plan, which will determine whether over 40 million people in the US can have up to $20,000 in debt canceled, has sparked conversations about whether it’s fair just days after it was announced.
One important conversation you won’t hear in the media, though, is how we ended up here in the first place. That is, how did we end up with so much student debt, and what can we do about it?
In today’s episode of Fiscally Savage, Dylan provides a brief history of student loans and explains how they work, how student loan debt became a $1.7 trillion crisis, and what we can do about it.
Show Highlights
- [03:22] The two lawsuits challenging President Biden’s student loan forgiveness plan
- [08:02] The history of student loans
- [14:54] How student debt became a $1.6 trillion crisis
- [21:44] How degree inflation and change in accountability move the goalpost from high school to college
- [26:25] Difficulties that are inherent in the current state of the student debt crisis
- [31:13] What we can and should do about the student debt crisis
Links and Resources
- Fiscally Savage
- Fiscally Savage Tools
- Fiscally Savage on Instagram
- Fiscally Savage on Facebook
- Fiscally Savage on Twitter
Creating and sticking to a budget doesn’t have to be a daunting task. On the contrary, the process of taking a closer look at your spending habits and then making necessary adjustments can make you feel in control of your finances and help you save money to reach your financial goals. The only problem is many people don’t know where to start this conversation.
In this episode of Fiscally Savage, Dylan discusses what budgets are and walks you through the first step in creating one so you can take better stock of your financial situation.
Show Highlights
- [01:20] What is a budget?
- [05:12] Questions you have to ask yourself before making a budget
- [07:36] Why couples should talk about budgeting together
- [10:01] How the Fiscally Savage Spending Analyzer can help you tackle budgeting
Links and Resources
- Fiscally Savage Spending Analyzer
- Fiscally Savage
- Fiscally Savage Tools
- Fiscally Savage on Instagram
- Fiscally Savage on Facebook
- Fiscally Savage on Twitter
On Feb. 3, a train carrying toxic chemicals derailed in East Palestine, Ohio, igniting a fire that covered the town in smoke. The incident has since turned into a political football and spectacle — one that continues to generate headline after headline in the media.
If there’s one thing you should take away from this, it’s the idea that you can’t rely on anyone to save you. It’s in your best interest to be prepared, whether for train derailments, statewide power outages, or any other disaster — man-made or otherwise.
In today’s show, Dylan talks about the recent Ohio train derailment, tips for emergency preparedness, and how you can apply those same tips to get your financial house in order.
Show Highlights
- [02:22] The recent East Palestine, Ohio train derailment explained
- [06:10] The role that regulations play in protecting consumers and communities
- [12:06] Key takeaways from the Ohio train derailment
- [13:40] Why you're ultimately the only person you can rely on
- [15:15] The importance of having a plan and what that entails
- [18:03] Why being organized is key to being prepared
- [22:18] Why you should periodically review and adjust your preparedness plans
- [23:59] How you can apply the elements of preparedness to your financial life
Links and Resources
- Fiscally Savage
- Fiscally Savage Tools
- Fiscally Savage on Instagram
- Fiscally Savage on Facebook
- Fiscally Savage on Twitter
Budgeting is one of the best tools you have to take control of your money, achieve your financial goals, and set yourself up for success. Unfortunately, it’s not always a given. Many people avoid discussions about budgeting at all costs, mostly because they don’t know where to start. Do they need to save money? Can they even save money? Should they invest it instead?
In today’s episode, Dylan breaks down the three stages of a personal finance journey — income, saving, and investing — to help you take stock of your financial situation.
Show Highlights
- [06:29] The three stages of your personal finance journey
- [07:33] The income stage and what it entails
- [11:09] How income and expenses interact
- [13:19] The best way to grow your income
- [14:17] The savings stage and what it entails
- [19:32] The investment stage and why many people don’t reach it
Links and Resources
- Fiscally Savage
- Fiscally Savage Tools
- Fiscally Savage on Instagram
- Fiscally Savage on Facebook
- Fiscally Savage on Twitter
Books Mentioned
- The Storm Before the Storm: The Beginning of the End of the Roman Republic by Mike Duncan
- Hero of Two Worlds: The Marquis de Lafayette in the Age of Revolution by Mike Duncan
- The Simple Path to Wealth: Your road map to financial independence and a rich, free life by J. L. Collins
From toxic clouds to record-high inflation, the barrage of bad news can push even the best of people into pessimism and dredge up some existential questions, like what gives life meaning? Why are we even here? What should we do with our lives?
These questions all circle around the notion of having a purpose — a reason to wake up, move forward, and find joy. Unfortunately for too many people, that sense of purpose has been absent for a while or has steadily withered over time. For some, it was never really there.
So, what can you do if you’re struggling to find purpose? The answer is astonishingly romantic: court your Muse.
In today’s episode of Fiscally Savage, Dylan underscores the value of courting one’s Muse — that ethereal well of inspiration — in re-examining why we do what we do.
Show Highlights
- [01:56] Why men want purpose
- [04:39] What happens when you court your Muse
- [07:24] How building wealth ties into the pursuit of purpose and beauty
Links and Resources
- Fiscally Savage
- Fiscally Savage Tools
- Fiscally Savage on Instagram
- Fiscally Savage on Facebook
- Fiscally Savage on Twitter
Cons. Frauds. Scams. Whatever you call them, people have been falling for them since time immemorial. Though their means may change, scammers have always been with us and, unfortunately, are often successful in their ploys. But what makes scams so hard to resist and so easy to perpetuate in the first place?
In today’s episode, Dylan talks about the idea that we have to be sneaky in order to make money, why we often fall for scams, and how we can protect ourselves from them.
Show Highlights
- [04:10] Where the idea that the only way to make money is to be sneaky comes from
- [11:42] What is a scam?
- [14:21] Multi-level marketing schemes as an example of a scam
- [16:28] Scams in real estate
- [20:23] Cryptocurrency scams explained
- [24:06] What is a Ponzi scheme?
- [26:49] The five elements of a scam
- [33:24] The secret to wealth creation and success
Links and Resources
- Fiscally Savage
- Fiscally Savage Tools
- Fiscally Savage on Instagram
- Fiscally Savage on Facebook
- Fiscally Savage on Twitter
The COVID-19 pandemic triggered an urban exodus. In the US, many city dwellers fled to rural and suburban areas after the pandemic hit in early 2020. Data from the US Census Bureau shows that many of them have stayed, putting down roots in smaller, more affordable cities and suburbs.
Despite that, rent prices continue to go up, even as the depopulated American downtowns of 2020 and 2021 see more rental units being built by the day. That's not how the law of supply and demand should work, so what gives?
In today’s episode of Fiscally Savage, Dylan turns to Adam Smith’s The Wealth of Nations for answers as to why housing is expensive and why there doesn’t seem to be enough of it.
Show Highlights
- [04:31] Why optimization is great for business but seems terrible for everything else
- [06:12] How middlemen take advantage of inefficiencies in a business
- [13:26] Rent versus economic rent
- [18:24] How landlords optimize profits and create an artificial shortage
- [25:06] What a free market is, according to Adam Smith
- [27:19] Other examples of rent-seeking behavior
Links and Resources
- Fiscally Savage
- Fiscally Savage Tools
- Fiscally Savage on Instagram
- Fiscally Savage on Facebook
- Fiscally Savage on Twitter
Books Mentioned
- The Wealth of Nations by Adam Smith
- The Theory of Moral Sentiments by Adam Smith
- Direct: The Rise of the Middleman Economy and the Revolution Underway by Kathryn Judge
It’s easy to get caught up in the shiny promises of get-rich-quick schemes. After all, who doesn’t want to become a millionaire overnight?
But the truth is there’s really no fast track that will do all the work for you. If you truly wish to take control of your financial life and live free, you should stick to slow, “boring” solutions instead.
In today’s episode, Dylan talks about get-rich-quick schemes and their veneer of success, the merit of taking on a systematic approach to your finances, and more.
Show Highlights
- [04:42] On the attractive “solutions” that the media tries to sell us
- [09:03] The FOMO trap of get-rich-quick schemes
- [14:10] Why get-rich-quick schemes are not the long game
- [20:26] The merit of boring but actionable solutions
- [24:55] Why a systematic approach will always win in the end
Links and Resources
- Fiscally Savage
- Fiscally Savage Tools
- Fiscally Savage on Instagram
- Fiscally Savage on Facebook
- Fiscally Savage on Twitter
Books Mentioned
- Moneyball: The Art of Winning an Unfair Game by Michael Lewis
On Jan. 19, the US outstanding debt hit its statutory limit. With the clock ticking for the country to avoid a default on its debt, experts are sounding the alarm about potential disruptions to Social Security. But should we actually be concerned?
In today’s episode of Fiscally Savage, Dylan explains what Social Security is, how it came about, and how it works. He also addresses some common talking points on Social Security — that it’s going bankrupt, that it’s exploding the national debt, and that it’s a Ponzi scheme.
Show Highlights
- [02:09] What is Social Security?
- [07:14] How Social Security income came to be taxable
- [10:52] How Social Security is funded
- [14:42] Why Social Security is not exploding the national debt
- [19:11] Why Social Security will never go bankrupt
- [22:02] Why putting a cap on payroll taxes decreases employment
- [25:28] Why Social Security is not a Ponzi scheme
Links and Resources
- Fiscally Savage
- Fiscally Savage Tools
- Fiscally Savage on Instagram
- Fiscally Savage on Facebook
- Fiscally Savage on Twitter
In today’s episode, Dylan talks about the system versus the individual debate. Are we completely responsible for our place in society? Can our individual actions meaningfully change the system? How do we begin to approach this hotly contested political football?
Show Highlights
- [03:29] Things in the political realm that hold true for Dylan
- [06:52] The system versus the individual
- [09:15] On people who believe systems are paramount
- [13:44] The core of the “systems are paramount” idea
- [17:41] On the idea that the individual is paramount
- [20:18] On people who believe that the individual is paramount
- [22:17] Why systems and individuals have a symbiotic relationship
- [26:14] Why the system versus the individual debate matters when it comes to personal finance
Links and Resources
- Fiscally Savage
- Fiscally Savage Tools
- Fiscally Savage Suggested Reading
- Fiscally Savage on Instagram
- Fiscally Savage on Facebook
- Fiscally Savage on Twitter
Books Mentioned
- Atomic Habits: Tiny Changes, Remarkable Results by James Clear
- As a Man Thinketh by James Allen
- The Wealth of Nations by Adam Smith
- A More Complete Beast by Jack Donovan
ChatGPT is the latest artificial intelligence (AI) sensation that can generate human-like text. Following its launch last December, ChatGPT took the internet by storm, sparking fears that it could put creative professionals out of work in the near future.
But AI tools like ChatGPT are unlikely to make humans obsolete anytime soon, even if a tech-driven future is closer than we may think. As with previous technological advances, how we interact with the world will likely change in the era of widely accessible AI tools. Whether for better or worse, though, is anyone’s guess.
In today’s episode, Dylan wades into AI territory, offering sobering but hopeful commentary on the rise of AI tools like ChatGPT. He also talks about whether AI tools will take over jobs and how we can prepare for an uncertain future in a world of AI.
Show Highlights
- [01:49] ChatGPT and what it does
- [05:08] Automation during the Industrial Revolution
- [08:40] The economic impact of the North American Free Trade Agreement
- [13:38] How we can prepare for an AI takeover, according to ChatGPT
- [16:24] How we can actually prepare for an uncertain future in a world of AI
- [21:46] The silver lining
Links and Resources
- Fiscally Savage
- Fiscally Savage Tools
- Fiscally Savage on Instagram
- Fiscally Savage on Facebook
- Fiscally Savage on Twitter
Seemingly simple day-to-day interactions between parents and children can have lasting effects on the latter. For instance, they can give rise to money wounds — stories, beliefs, and thought patterns around money that keep us from abundance.
If left unchecked, money wounds can trickle down from generation to generation. But they don’t have to. We can and should break the cycle for our children, and it starts with understanding our role as parents.
In today’s episode, Dylan talks about how children grow and mature, what our roles as parents are, and how this all connects to our financial lives.
Show Highlights
- [03:31] Why children are intensely human
- [05:45] The Freeman attachment cycle
- [11:23] How the Freeman attachment cycle is often interrupted in a Western context
- [15:53] How Dr. Benjamin Spock influenced generations of parents
- [20:05] How parents can unwittingly perpetuate trauma
- [25:05] How the Freeman attachment cycle connects to our financial lives
Links and Resources
- Duey Freeman
- Gestalt Equine Institute of the Rockies
- Fiscally Savage
- Fiscally Savage Tools
- Fiscally Savage on Instagram
- Fiscally Savage on Facebook
- Fiscally Savage on Twitter
Books Mentioned
- The Myth of Normal: Trauma, Illness, and Healing in a Toxic Culture by Gabor Maté
Politicians are once again preparing to play the world’s dumbest game of chicken over the national debt ceiling.
Last week, Treasury Secretary Janet Yellen warned that the country is on track to hit the debt ceiling — the maximum amount of money that the federal government can borrow to meet funding needs.
The news has prompted warnings from economists about a potential fiscal crisis if Congress doesn’t take action soon. But it’s not clear whether congressional leaders will agree to raise the debt ceiling without strings attached.
In today’s episode, Dylan explains what the debt ceiling is and how it works, what will happen if Congress doesn’t raise it, and why it matters to the average American.
Show Highlights
- [01:50] What the debt ceiling is
- [04:58] The debt ceiling through the years
- [07:15] How the debt ceiling works
- [11:49] What the debt ceiling fight boils down to
- [13:28] What will happen if Congress doesn’t raise the debt ceiling
- [18:22] The likely bargaining chips in the debt ceiling fight
- [21:25] The bottom line of the debt ceiling fight
Links and Resources
- Fiscally Savage
- Fiscally Savage Tools
- Fiscally Savage on Instagram
- Fiscally Savage on Facebook
- Fiscally Savage on Twitter
Maslow’s hierarchy of needs is one of the most well-known theories of motivation. It states that our actions are motivated by certain physiological and psychological needs, each more complex than the last.
A similarly important hierarchy worth discussing is the hierarchy of service.
In today’s episode, Dylan picks up from last week’s discussion about the state of play when it comes to service by taking a look at the three levels of the hierarchy of service.
Show Highlights
- [04:07] The first level of the hierarchy of service
- [06:12] Why self-care is not optional
- [06:12] The second level of the hierarchy of service
- [10:59] The third level of the hierarchy of service
- [15:54] How you can start being of service to yourself
Links and Resources
- Fiscally Savage
- Fiscally Savage Tools
- Fiscally Savage on Instagram
- Fiscally Savage on Facebook
- Fiscally Savage on Twitter
Over the past few months, tech companies as big as Amazon, Meta, and Netflix laid workers off by the thousands. And announcements of job cuts keep coming.
Despite the gloomy headlines, however, tech layoffs aren’t actually that big of a deal for the economy as a whole. The need for tech talent remains steady across other sectors and tech hiring is still strong, as per the recently released US jobs report. So, the question we should ask ourselves is: Why are these companies laying these people off?
In today’s episode, Dylan discusses the recent tech layoffs and their many nuances, quiet hiring, and US labor productivity.
Show Highlights
- [02:33] Why layoffs are inherently emotional
- [04:32] How expecting a recession can trigger a recession
- [07:57] Why tech companies’ profits are going down
- [14:35] On quiet hiring
- [17:06] Why US productivity growth is so slow
- [21:51] On the importance of working for yourself
Links and Resources
- Fiscally Savage
- Fiscally Savage Tools
- Fiscally Savage on Instagram
- Fiscally Savage on Facebook
- Fiscally Savage on Twitter
Sitting at the top of Maslow’s hierarchy of needs is self-actualization. Maslow describes this level as the desire to reach our full potential — to do everything we can, to become the most we can be.
One way we may perceive this need is to have a strong desire to use our full powers in the service of others. Unfortunately, the reality for many people is that service is just another vehicle to make themselves feel good, not unlike the way buying a new car or a new smartphone can make you feel good.
In the age of social media, it’s really trendy to talk about wanting to serve others or to reframe things that we do as being of service. So, in today’s episode, Dylan gets down to the nitty-gritty of service. What are the ways we may reframe our desires as being of service to others? Why do we, as a culture, have an issue with service? And how do we actually be of service to others?
Show Highlights
- [03:43] The two sides of wanting to serve others
- [12:47] Why we generally have an issue with service
- [15:46] Why broke people can’t be of service to anyone
- [19:03] Why you can’t be of service to others if you’re stressed
- [21:26] On setting yourself on fire to keep others warm
- [23:54] How you can start being of service to others
Links and Resources
- Fiscally Savage
- Fiscally Savage Tools
- Fiscally Savage on Instagram
- Fiscally Savage on Facebook
- Fiscally Savage on Twitter
Books Mentioned
- No More Mr. Nice Guy by Robert A. Glover
In this first Friday episode of Fiscally Savage in 2023, Dylan answers some interesting questions from his Instagram followers, tackling relevant topics like inflation and offering some hard-hitting personal finance advice while he’s at it.
Show Highlights
- [01:22] Where you can start on your personal finance journey
- [06:06] Explaining zero-based budgeting to friends and family
- [07:56] On slipping backward with your budget
- [10:25] The most significant resistance to changing your relationship with money
- [18:07] Dylan’s biggest inspiration in the workplace
- [19:40] Transitioning from a blue-collar job to a commission-based job
- [25:14] Myths about financial security
- [29:15] On purchasing power and inflation
- [34:30] What you can do about inflation
Links and Resources
- Venus and Mars Podcast with Anya Shakhmeyster
- Fiscally Savage
- Fiscally Savage Tools
- Fiscally Savage on Instagram
- Fiscally Savage on Facebook
- Fiscally Savage on Twitter
It’s that time of year — the in-laws have left, the fridge is full of leftovers, and you have a laundry list of things you want to start doing differently so you can live your best life this year.
But change inherently means conflict. When you start to reinvent your life to serve you on your terms, you’ll inevitably run into something called the social problem.
In today’s episode, Dylan talks about change. What makes it so difficult? Why do we struggle to change? And how do we face it head-on?
Show Highlights
- [03:31] On humans' tribal nature
- [08:24] Examples of major cultural hallmarks that create a tribal identity
- [13:19] The personal part of the social problem
- [16:12] The political part of the social problem
- [18:55] The three things that will happen when you make a change in your life
Links and Resources
- Fiscally Savage
- Fiscally Savage Tools
- Fiscally Savage on Instagram
- Fiscally Savage on Facebook
- Fiscally Savage on Twitter
Books Mentioned
- The Swoly Bible: The Bro Science Way of Life by Dom Mazzetti
As the year draws to a close, Dylan looks back at 2022 — his year of growth — and shares some of the lessons he learned in his self-development journey, how he has run his life for the last eight years, and his hopes for the new year — his year of emancipation.
Show Highlights
- [02:52] Why Dylan joined men’s groups
- [04:02] On breaking the year into four sections
- [07:29] Dylan’s theme for 2023
- [09:22] Why the US educational system and industrial food system are anti-human
- [16:09] How humans’ attitudes towards exercise changed over time
Links and Resources
- Episode 25: Set Yourself up for Success With a New Year’s Theme
- Fiscally Savage
- Fiscally Savage Tools
- Fiscally Savage on Instagram
- Fiscally Savage on Facebook
- Fiscally Savage on Twitter
Books Mentioned
- The 12 Week Year: Get More Done in 12 Weeks than Others Do in 12 Months by Brian P. Moran and Michael Lennington
- Sovereignty: The Battle for the Hearts and Minds of Men by Ryan Michler
New Year’s is a time to reflect and ponder resolutions. Maybe you want to lose weight by eating more healthily or exercising more frequently. Maybe you want to read more books, discover new music, or see your friends more often. The list goes on.
But resolutions like these are usually abandoned by mid-January because they leave little room for meaningful growth. They force you to change your habits through sheer willpower, rather than work to change your attitudes and motivation.
If you’re one of the many people who struggle to keep their New Year’s resolutions, you might be better off setting a New Year’s theme instead.
In this episode, Dylan talks about New Year’s themes as a realistic and viable alternative to New Year’s resolutions and how you can create yours.
Show Highlights
- [02:07] On the time-honored tradition of New Year’s resolutions
- [04:06] Weight loss as a New Year’s resolution
- [10:44] On setting a New Year's theme instead of a resolution
- [12:39] Why your New Year’s theme has to be broad
- [15:20] Why your New Year’s theme needs to be directional
- [16:27] Why your New Year’s theme has to be resonant
Links and Resources
- Your Theme - CGP Grey
- Fiscally Savage
- Fiscally Savage Tools
- Fiscally Savage on Instagram
- Fiscally Savage on Facebook
- Fiscally Savage on Twitter
Crypto investors have had their share of market meltdowns this year. Last month, all eyes were on the cryptocurrency exchange FTX, whose founder and former CEO, Sam Bankman-Fried, was recently arrested by Bahamian authorities in connection with multiple fraud charges involving FTX.
The FTX collapse has sent shockwaves through the crypto space and will likely continue to do so for some time. But how exactly did a once multi-billion dollar company implode so spectacularly?
In the last episode of this four-part series on cryptocurrency, Dylan attempts to make sense of the dumpster fire that is the FTX collapse. Who is Sam Bankman-Fried? Where did things go wrong for FTX? What are the broader consequences of this fiasco for the cryptocurrency industry? And what can we learn from all of this?
Show Highlights
- [03:29] On Sam Bankman-Fried’s background
- [07:54] What FTX is
- [09:58] Why it’s not unusual for startups to be dumpster fires
- [13:38] On Alameda Research and Caroline Ellison
- [20:23] On the relationship between FTX and Alameda
- [23:06] The beginning of the end for FTX
- [28:12] Why the FTX collapse gets compared to Enron
- [31:00] On Sam Bankman-Fried admitting to fraud in YouTube interviews
- [38:07] Takeaways from the FTX scandal
Links and Resources
- Part 3: Down the Rabbit Hole: A Decentralized Finance Primer
- Part 2: Making Sense of Bitcoin and the Blockchain
- Part 1: Money Talks: What Money Is and How It Works
- Fiscally Savage
- Fiscally Savage Tools
- Fiscally Savage on Instagram
- Fiscally Savage on Facebook
- Fiscally Savage on Twitter
Books Mentioned
- The Big Short: Inside the Doomsday Machine by Michael Lewis
With Christmas just around the corner, brands and retailers are keen to make the most of the holiday rush, blasting ad after ad of children opening presents, families eating together, and similar moments that tug at people’s heartstrings.
But make no mistake. Advertisements are never as innocent as they seem.
In this week’s episode, Dylan unwraps the truth about advertising, the ways they evoke emotion, and what we can do about it.
Show Highlights
- [04:34] What advertising is
- [09:08] What advertisements are designed to do
- [09:56] How advertisements play on fear to sell products and services
- [12:07] How advertisements exploit our sense of community
- [14:10] On advertisement as emotional manipulation
- [16:22] The type of people advertising doesn’t work on
Links and Resources
- Fiscally Savage
- Fiscally Savage Tools
- Fiscally Savage on Instagram
- Fiscally Savage on Facebook
- Fiscally Savage on Twitter
Decentralized Finance (DeFi) is an emerging financial technology that is based on peer-to-peer transactions through blockchain technology. Via blockchain, DeFi increases access to financial services, circumventing traditional financial institutions like banks.
But DeFi is constantly evolving. And because it is unregulated, it is riddled with infrastructural mishaps and controversies.
In part three of this four-part series on cryptocurrency, Dylan talks about DeFi and how it works, its promises, and what it could mean for the future of finance.
Show Highlights
- [02:45] A real-world example of a “pseudocryptocurrency”
- [05:01] DeFi and its promise
- [08:30] How Bitcoin fueled the Canadian truckers’ protest
- [11:18] Why DeFi isn’t unstoppable and untrackable
- [12:53] How the Canadian truckers’ protest proved the FBI can seize cryptocurrencies
- [13:51] Why DeFi isn’t anonymous
- [15:38] Why DeFi can’t and shouldn’t be judged by its current abilities
- [17:56] On whether cryptocurrency will be a core part of a future financial system
Links and Resources
- Part 2: Making Sense of Bitcoin and the Blockchain
- Part 1: Money Talks: What Money Is and How It Works
- Fiscally Savage
- Fiscally Savage Tools
- Fiscally Savage on Instagram
- Fiscally Savage on Facebook
- Fiscally Savage on Twitter
There is an emotional element in our attitudes and decision-making around money. And when that element takes over, financial challenges like overspending can occur.
In this episode, Dylan walks us through the emotional wounds that lead to overspending, the ways we fall victim to them, and how we can take back control over our personal finances.
Show Highlights
- [03:05] The four things that are at the root of most people’s overspending
- [04:29] How the childlike excitement over having money dovetails with overspending and retail therapy
- [07:08] How having more money than normal can inflate our sense of safety and security
- [10:10] On the idea of nobility in poverty
- [15:41] Self-doubt about money and how it leads to overspending
Links and Resources
- Fiscally Savage
- Fiscally Savage Tools
- Fiscally Savage on Instagram
- Fiscally Savage on Facebook
- Fiscally Savage on Twitter
Books Mentioned
- Wild at Heart: Discovering The Secret of a Man's Soul by John Eldredge
14 years ago, a mysterious individual or group of people known only by the pseudonym “Satoshi Nakamoto” published the Bitcoin Whitepaper. It introduced Bitcoin as the world’s first and most valuable entrant in the emerging class of digital assets known as cryptocurrencies and outlined the original plan and protocol for Bitcoin.
In part two of this four-part series on cryptocurrency, Dylan discusses Bitcoin and the technological fundamentals outlined in the Bitcoin Whitepaper.
Show Highlights
- [01:14] The foundations of Bitcoin
- [03:42] Why Bitcoin’s foundations play into the idea that money is emotional
- [06:41] Possible relevance of the name “Satoshi Nakamoto”
- [07:34] What was happening when the Bitcoin Whitepaper was released
- [12:46] Why people didn’t have faith in anything financial prior to Bitcoin’s creation
- [14:14] The Bitcoin Whitepaper explained
- [17:23] Why Bitcoin doesn’t function as a medium of exchange
- [19:53] Why Bitcoin doesn’t serve as a store of value
- [20:59] Why Bitcoin doesn’t act as a unit of account
- [22:44] The possible intent of the Bitcoin Whitepaper
Links and Resources
- Money Talks: What Money Is and How It Works
- Fiscally Savage
- Fiscally Savage Tools
- Fiscally Savage on Instagram
- Fiscally Savage on Facebook
- Fiscally Savage on Twitter
Books Mentioned
- Wild at Heart: Discovering The Secret of a Man's Soul by John Eldredge
Security. Zero debt. Passive income. These are just some of the many different visions people have of what it means to be financially successful.
However, these are merely pseudovisions, i.e., things that society tells you will somehow make you complete, like a college degree, a high-paying job, and a house with a yard and a white picket fence.
But if you are to take control of your financial life and live free, you need to create an authentic vision, one that is gripping, inherently emotional, and grounded in your reality.
In this episode, Dylan discusses the importance of creating a financial vision for the future, pseudovisions and how they lead to the civilized path, and how you can make a vision that speaks to you and you alone.
Show Highlights
- [03:43] What a lack of financial vision looks like
- [06:02] How pseudovisions can keep you from taking control of your financial life
- [08:50] The importance of creating an authentic vision for your life
- [16:06] Identify your vision by writing your own obituaries
- [17:48] Three sentence stems that can help you determine your wants and goals
- [21:25] Assess your vision by spending a day by yourself oudoors
Links and Resources
- Fiscally Savage
- Fiscally Savage Tools
- Fiscally Savage on Instagram
- Fiscally Savage on Facebook
- Fiscally Savage on Twitter
Books Mentioned
- The Way of Men by Jack Donovan
Cryptocurrencies have demonstrated their value in recent years. Bitcoin, for instance, is worth over $16,000 today, and there are currently over 19,000,000 Bitcoins in circulation.
But apart from the declared price of cryptocurrencies, those invested in them appear to rely on a perceived “inherent value” of cryptocurrencies, something that fiat currency — like the US dollar — generally does not have. This, among other things, has sparked debates over whether cryptocurrencies are better than “real” money and whether they are the future of finance.
In this episode, Dylan gets to the heart of money, laying the foundation for future discussions on cryptocurrencies and the evolving cryptocurrency market.
Show Highlights
- [04:11] The basic definition of money
- [07:05] Why money is a concept or an agreed-upon fiction
- [08:11] The definition of currency
- [08:55] The three types of money
- [12:42] How gold began as only a representative form of money, not money itself
- [16:47] The three functions of money
- [22:09] Why gold functions as a commodity
Links and Resources
- Fiscally Savage
- Fiscally Savage Tools
- Fiscally Savage on Instagram
- Fiscally Savage on Facebook
- Fiscally Savage on Twitter
Books Mentioned
- Sapiens: A Brief History of Humankind by Yuval Noah Harari
- The Jungle by Upton Sinclair
Money and emotion go hand in hand. We work hard to take care of ourselves, provide for our families, and save up for the future, so it’s hardly surprising that money is an emotional topic for many people.
In this episode of Fiscally Savage, Dylan talks about the dynamic between emotions and money, how emotions can affect your financial decision-making, and why managing your money starts with your emotions.
Show Highlights
- [03:24] Why money is emotional
- [05:35] Why money is foundational to Maslow’s hierarchy of needs
- [08:52] The relationship between logic and the emotions of money
- [12:08] Example of how emotions drive decision-making
- [15:25] On retail therapy and emotional spending
- [17:12] How emotions come into play when we judge ourselves for spending
- [20:18] Examples of money wounds
- [25:08] Why we shouldn’t stress too much about our finances
Links and Resources:
- Fiscally Savage
- Fiscally Savage Tools
- Fiscally Savage on Instagram
- Fiscally Savage on Facebook
- Fiscally Savage on Twitter
Practically everything served at a traditional Thanksgiving dinner is heavily domesticated, from roast turkey and mashed potatoes to cranberry sauce and corn on the cob.
But, as the saying goes, it takes one to know one. That is to say, humans are just as much a product of domestication as dogs or cows are. But that’s not necessarily a bad thing.
In this episode, we take a look at domestication in the wake of Thanksgiving. What is it? How did we domesticate animals and plants? And what does this process say about us, humans?
Show Highlights
- [03:10] The process of domestication
- [05:07] Four requirements for animals in order for humans to domesticate them
- [10:25] Thanksgiving dinner stapes that are heavily domesticated
- [14:10] Why domestication applies to humans as well
- [17:22] The results of domestication in humans
- [20:17] When the domestication of humans possibly began
- [25:46] Steps for coming to terms with the idea of human domestication
- [28:41] Closing statements
Links and Resources
- Fiscally Savage
- Fiscally Savage Tools
- Fiscally Savage on Instagram
- Fiscally Savage on Facebook
- Fiscally Savage on Twitter
Books Mentioned
- The Omnivore's Dilemma: A Natural History of Four Meals by Michael Pollan
- Tribe: On Homecoming and Belonging by Sebastian Junger
What does it mean to live life with intentionality? What does it look like to do things with more intention? Perhaps most importantly, how do you start acting with more intentionality?
Dylan answers these questions and more in this latest episode of Fiscally Savage.
Show Highlights
- [02:11] Intentionality and why it’s important
- [04:38] Examples that show a lack of intentionality in decisionmaking
- [08:10] What happens when you act with more intentionality
- [11:18] Five steps to acting with more intentionality
- [12:20] The importance of cultivating a sense of self
- [15:51] Why core values matter in relationship building
- [19:06] The importance of creating a plan, no matter how small
Links and Resources:
- Fiscally Savage
- Fiscally Savage Tools
- Fiscally Savage on Instagram
- Fiscally Savage on Facebook
- Fiscally Savage on Twitter
The so-called “quiet quitting” trend has recently taken the workforce by storm. Unlike real, actual quitting, quiet quitting refers to doing nothing more than what one’s job description states. Quiet quitters continue to fulfill their primary responsibilities but are unwilling to do extra, unpaid work. No more staying late at the office or attending unnecessary meetings.
But how and why has quiet quitting come to be so prevalent among today’s workers? What exactly changed in the months following the COVID-19 pandemic?
In this episode, Dylan gets into the nitty-gritty of quiet quitting — what it is, why it’s happening, and whether it’s a good idea.
Show Highlights
- [01:03] Recap of the episode on the social contract theory
- [03:47] How the idea of social contracts is linked to quiet quitting
- [08:40] The social contract that “baby boomers” know
- [13:32] Why the social contract that baby boomers grew up with hardly held true for millennials
- [16:23] Why the HR practice of promoting from without gave rise to job hopping
- [18:17] How the COVID pandemic changed the US job market
- [21:54] How the COVID-19 recession differs from previous recessions in US history
- [23:28] How the COVID-19 pandemic affected how Gen Z employees approached jobs
- [27:11] Why quiet quitting goes back to discussions of GDP as a poor measure of well-being
- [28:06] On whether quiet quitting is a good idea
- [28:36] Closing statements
Links and Resources
- Episode 12: Unpacking the Social Contract Theory
- Fiscally Savage
- Fiscally Savage Tools
- Fiscally Savage on Instagram
- Fiscally Savage on Facebook
- Fiscally Savage on Twitter
Books Mentioned
- Leviathan by Thomas Hobbes
- The Social Contract by Jean-Jacques Rousseau
- Bowling Alone: The Collapse and Revival of American Community by Robert Putnam
Debt is a common source of financial stress for many Americans. Job losses, medical expenses, and even impulsive purchases can lead to insurmountable debt and get in the way of your financial goals.
If you’re in a financial hole due to debt, the only real solution is to change your debt mindset and start digging your way out, one step at a time.
In this episode of Fiscally Savage, Dylan talks about the debt equation, why people go into debt, and how we can deal with debt problems.
Show Highlights:
- [04:36] What is debt?
- [06:08] The true cost of debt
- [07:37] How debt fools us
- [10:17] Why credit card companies hide their interest rates
- [12:38] Why it’s easy to go into debt
- [13:51] Average American household debt in 2022
- [17:45] The importance of cost-benefit analysis
- [21:39] The four steps to dealing with debt
- [27:22] How Dylan applied those steps to get around his debt situation
Links and Resources:
- Episode 6: Understanding Your Needs and How to Fulfill Them
- Fiscally Savage
- Fiscally Savage Tools
- Fiscally Savage on Instagram
- Fiscally Savage on Facebook
- Fiscally Savage on Twitter
“Quiet quitting” is on the rise in a post-COVID world. But what is it, exactly? And why is it happening?
To answer these questions, Dylan turns to the concept of the social contract as presented by Thomas Hobbes, John Locke, and Jean-Jacques Rousseau.
Show Highlights
- [01:42] On the link between “quiet quitting” and social contracts
- [02:34] Thomas Hobbes and Leviathan
- [03:38] Hobbes on government
- [05:28] The social contract theory of Hobbes
- [08:42] John Locke on human nature and social order
- [10:46] The difference between Hobbes’ and Locke’s social contract theories
- [12:52] Jean-Jacques Rousseau main argument in The Social Contract
- [14:41] On whether Rousseau’s ideas influenced the French Revolution
- [18:33] The social contracts in our day-to-day lives
- [20:43] Bottom line
- [21:29] Closing statements
Links and Resources
- Fiscally Savage
- Fiscally Savage Tools
- Fiscally Savage on Instagram
- Fiscally Savage on Facebook
- Fiscally Savage on Twitter
Books Mentioned
- Leviathan by Thomas Hobbes
- Tribe: On Homecoming and Belonging by Sebastian Junger
- Second Treatise of Government by John Locke
- The Social Contract by Jean-Jacques Rousseau
As humans, we need food, security, intimacy, self-esteem, and purpose. But we need money to fulfill these needs.
In this episode, Dylan discusses Maslow’s famous hierarchy of needs, how money impacts that hierarchy, and how understanding that hierarchy can help us build better, long-lasting relationships.
Show Highlights:
- [03:46] Why finances are critical to relationships
- [07:36] What is Maslow’s hierarchy of needs?
- [08:13] Tiers one and two as the service to self tiers
- [10:27] Tiers three and four as the service to others tiers
- [12:12] Tier five as the tier of self-actualization or service to a higher purpose
- [12:46] The problem with “tier zero” people or the “unaware”
- [15:16] Why tier zero people struggle to move up the hierarchy
- [16:45] The challenges that tiers one and two people face when moving up the hierarchy
- [20:46] Who are the “sensitive seekers”?
- [21:54] The truth about Maslow’s hierarchy of needs
Links and Resources:
- Fiscally Savage
- Fiscally Savage Tools
- Fiscally Savage on Instagram
- Fiscally Savage on Facebook
- Fiscally Savage on Twitter
Gross Domestic Product or GDP is one of the most talked about economic indicators. You might have heard about growth rates or projections for GDP on TV, the radio, or podcasts like this one. You might have also heard about GDP in reference to previous recessions or periods of high economic growth.
But what is GDP, exactly? How is it measured? And is it actually a good tool for looking at how well, or badly, an economy is doing?
In this episode of Fiscally Savage, hear what GDP measures, how it’s calculated, whether or not it’s a good indicator of standard of living, and whether or not we should actually care about it.
Show Highlights
- [03:10] What is GDP?
- [05:45] The standard formula for GDP
- [06:05] What is the consumption component of the GDP?
- [07:19] What is the government spending component of the GDP?
- [09:10] Why political parties may sometimes want to cut government spending
- [10:40] What is the private investment component of the GDP?
- [11:48] What is the net exports component of the GDP?
- [14:06] On the impact of the news on customer sentiment
- [15:13] Economic activities that are not included in the GDP
- [18:49] How oil and gas exports affect the United States’ GDP
- [21:34] Why Dylan doesn’t think the GDP is a good measure of economic performance
- [26:23] Why does GDP matter?
- [27:32] Closing statements
Links and Resources
- Fiscally Savage
- Fiscally Savage Tools
- Fiscally Savage on Instagram
- Fiscally Savage on Facebook
- Fiscally Savage on Twitter
In this episode of the Fiscally Savage podcast, Dylan talks about the value part of the money equation — money is equal to the time you give plus the value you add — and how you can increase that value to take control of your life.
Show Highlights:
- [02:26] The equation on how to make money
- [03:10] Changing the value you add with the time that you have
- [04:08] How you can increase the value you add
- [07:48] The importance of understanding the system you are in and how it works
- [13:24] The reality that you are playing a game whenever money is involved
- [20:30] Practicing excellence as a way to increase the value you add
- [21:12] The “yeah-buts” and why you shouldn’t listen to them
- [25:35] Moving forward as a way to gain sovereignty
Links and Resources:
- Episode 4: How to Be More Intentional With Your Time
- Fiscally Savage
- Fiscally Savage Tools
- Fiscally Savae on Instagram
- Fiscally Savage on Facebook
- Fiscally Savage on Twitter
Banks are among the oldest businesses in American history, but they have changed in many ways through the years. Today, banks offer a wider range of services than ever before, and they deliver those services more efficiently.
But banks weren’t always as cut and dried as they are today. There were no modern American banks as late as 1781, let alone a central bank to oversee banking and finance. This resulted in some major problems, like financial instability, unemployment, and a chaotic currency.
In this episode of Fiscally Savage, Dylan wades through the drama and pageantry that is the US financial system. What did it look like in the years following the Revolutionary War? What led to the creation of the Federal Reserve? And what does all this matter to the average American?
Show Highlights
- [01:20] How Alexander Hamilton laid the foundation for the US Federal Reserve
- [03:09] Why Thomas Jefferson opposed the National Bank
- [06:27] Jefferson’s view on national debt
- [08:52] Why the Second Bank of the United States was established
- [10:51] The difference between the First Bank of the United States and the Second Bank of the United States
- [11:24] Andrew Jackson's concerns about the National Bank
- [12:52] Land speculation during Jackson’s presidency
- [14:06] The issue with buying land with paper money against held gold reserves
- [16:05] Jackson and the Bank War
- [18:43] The effect of Jackson abolishing the Second Bank of the United States and demanding that all federal land be purchased with gold and silver
- [19:54] Abraham Lincoln and the Free Banking Era
- [24:36] Why the history of banking in the US ultimately matters to the average American citizen
- [28:09] Closing statements
Links and Resources:
- Fiscally Savage
- Fiscally Savage Tools
- Fiscally Savae on Instagram
- Fiscally Savage on Facebook
- Fiscally Savage on Twitter
In this episode of Fiscally Savage, Dylan talks about time — our most precious, nonrenewable resource — and the role it plays in the money equation, as well as the ways in which we can create more time in our lives.
Show Highlights:
- [02:16] The equation on how to make money
- [04:25] Why we do not all have the same 24 hours
- [05:00] How food can impact your 24 hours
- [07:18] How your living situation can impact your 24 hours
- [11:13] Why improving your life is an iterative process
- [14:47] How you can create more time in your day
- [15:29] How making your bed every morning can improve your life
- [16:20] How an everyday carry kit can improve your life
- [18:45] Why you should plan your meals
- [19:20] How task batching can free up time
- [20:32] How you can use your smartphone to manage your time better
Links and Resources:
- Fiscally Savage
- Fiscally Savage Tools
- Fiscally Savae on Instagram
- Fiscally Savage on Facebook
- Fiscally Savage on Twitter
Did you buy a house in 2020? Did you change jobs in 2021? Are you holding off on buying a new car this year?
Believe it or not, only one institution stands behind all of your financial decisions: the US Federal Reserve.
In this episode of Fiscally Savage, Dylan takes a closer look at the structure, responsibilities, and work of the US central banking system. What does it do? Why do we have it? And how does it affect you and your money?
Show Highlights:
- [02:48] What the Federal Reserve System (FRS) is
- [03:48] Why the FRS was created
- [05:40] How the FRS works
- [08:22] The structure of FRS
- [13:13] Checks and balances of the FRS
- [16:33] The mandates and duties of the FRS
- [22:19] How the FRS impacts people
- [23:02] Is the FRS “good” or “bad”?
- [24:10] Closing statements
Links and Resources:
- Fiscally Savage
- Fiscally Savage Tools
- Fiscally Savae on Instagram
- Fiscally Savage on Facebook
- Fiscally Savage on Twitter
In this episode of the Fiscally Savage podcast, Dylan talks about the significance of value in the money equation, how you can develop your value, and what it means to work for yourself in today’s economy.
Show Highlights:
- [03:26] Self-improvement as the key to making your time more valuable
- [04:54] The first thing you need to do to develop your value
- [05:47] Why charm can make you valuable
- [06:11] Why insight can make you valuable
- [07:06] Why reliability can make you valuable
- [07:34] W-2 self-employment and what it means
- [08:03] The questions to ask yourself as a W-2 employee who wants to be self-employed
- [11:05] Why you should evaluate what your job does for you
- [15:19] The key difference between self-service and selfishness
- [15:40] Working out as an act of serving yourself
- [18:46] The questions to ask yourself when thinking about your position in the job market
- [21:19] How Dylan used his experiences as a teacher to successfully apply for his first job as an auditor
Links and Resources:
- Fiscally Savage
- Fiscally Savage Tools
- Fiscally Savae on Instagram
- Fiscally Savage on Facebook
- Fiscally Savage on Twitter
In an attempt to fight inflation, the U.S. Federal Reserve has raised interest rates, warning that more big rate hikes are on the table if inflation will not cool. This has led to fears that a recession is on the horizon for the U.S. But what is recession? And why does it matter?
In this episode of Fiscally Savage, Dylan brings us a closer look at recession, one of the scariest words in economics. How is it measured? What does it mean for workers and businesses? And are we on the verge of entering one?
Show Highlights:
- [01:04] Why the US Federal Reserve is raising interest rates
- [02:24] The textbook definition of a recession
- [03:35] The COVID-19 recession as an example of a recession that does not conform to its textbook definition
- [03:59] The three factors that experts observe to determine whether or not there is a recession
- [08:16] The three factors that are indicative of a recession but do not necessarily cause it
- [12:12] Why recessions matter
- [13:56] Three tips for managing through a recession
- [18:02] How Dylan survived the 2008 financial crisis and thrived afterward
- [19:59] Closing statements
Links and Resources:
- Fiscally Savage
- Fiscally Savage Tools
- Fiscally Savae on Instagram
- Fiscally Savage on Facebook
- Fiscally Savage on Twitter
In this episode of the Fiscally Savage podcast, Dylan talks about why money is time, the importance of money management, and the ways in which we can act with more intentionality in life.
Show Highlights:
- [00:31] The incident that made Dylan want to live with more intentionality
- [02:46] Why money is time
- [05:19] Why managing your money is foundational to your growth as a person
- [06:32] Why the energy you bring to events in your life is even more important than time
- [08:12] Why your attention is your most important economic resource
- [15:57] Intentionality as the key to taking control of your time, energy, and attention
- [17:06] The four steps to acting with more intentionality
- [24:06] How things have gone for Dylan since he started to live with more intentionality
Links and Resources:
- Episode 1: How to Achieve Financial Sovereignty
- Fiscally Savage
- Fiscally Savage Tools
- Fiscally Savae on Instagram
- Fiscally Savage on Facebook
- Fiscally Savage on Twitter
In this episode of Fiscally Savage, Dylan discusses three aspects of the inflation equation: too much money, too many people, and too few goods. Dylan also addresses related topics such as supply and demand, the COVID-19 pandemic and how it affected global supply chains, what the Federal Reserve is doing to combat inflation, and more.
Show Highlights:
- [03:22] The functional definition of inflation
- [04:25] The problem with demand and supply
- [08:11] The problem with printing money
- [08:52] The “too much money” part of the inflation equation
- [09:52] The “too many people” part of the inflation equation
- [11:26] The “too few goods” part of the inflation equation
- [12:06] How the COVID-19 pandemic impacted global supply chains
- [13:19] How China’s lockdowns are affecting global supply chains
- [14:33] How the pandemic affected meat prices in the U.S.
- [15:11] How the war in Ukraine is affecting corn, fertilizer, and gas prices globally
- [17:49] Why inflation is a supply chain issue
- [20:12] How the Federal Reserve plans to control inflation
- [21:32] How raising taxes can help lower inflation
- [22:35] Why gold and silver are poor inflation hedges
- [24:52] Two ways to hedge against inflation
Links and Resources:
- Fiscally Savage
- Fiscally Savage Tools
- Fiscally Savae on Instagram
- Fiscally Savage on Facebook
- Fiscally Savage on Twitter
In this episode of the Fiscally Savage podcast, Dylan talks about his journey to financial independence, the reality of the American job market, and the ways in which we can break free and live with intentionality.
Show Highlights:
- [00:00:56] The incident that led Dylan to take over the approved and civilized path
- [00:07:44] The reality for 60% of American workers
- [00:09:16] Maslow’s hierarchy of needs and how it affect our lives
- [00:13:41] How dependence on various agents in our lives can undermine our financial independence
- [00:14:56] The social contract and what it sells us
- [00:17:56] The six steps to breaking free and living with more intentionality
- [00:26:13] Closing statements
Links and Resources:
- Fiscally Savage
- Fiscally Savage Tools
- Fiscally Savae on Instagram
- Fiscally Savage on Facebook
- Fiscally Savage on Twitter
This week, we are taking a break and will be introducing my other podcast, Knights and Dragons!
A year ago, shutting down was a shock to the system. Today reopening is just as much as a shock but spinning up takes a lot more effort than shutting down. Add some hackers to the mix and a good time is had by none!
As the global economy starts its grand re-opening, questions remain as to what that future looks like. How will spending habits and jobs change? And what dangers are lurking just over the horizon?
The media reported that inflation (CPI) for March 2021 was 1% sparking fears that the long foretold hyperinflation was here. They, of course, ignored a lot of the bigger picture but it was great for getting your attention to sell!
Let's say that the US does find itself in a hyperinflationary spiral, where can I put my money that will protect me from it.... if such a place even exists?
This week, we ask the question, what happens if the US is more like Japan than Weimar Germany, how did we get here, and where inflation is happening now.
On this episode of Fiscally Savage, Dylan explains everything there is to know about inflation, how certain countries have ended up with hyperinflated economies, the potential for hyperinflation in the US after the money printer goes BRRRR, and whether or not Gold or other precious metals can suffer at the hands of inflation.
0:00 - 1:17 - Introduction
1:18 - 3:56 - Setting up today’s topic, Inflation.
3:56 - 7:13 - What is inflation?
7:14 - 10:07 - Does Gold have inflation?
10:08 - 17:53 - How did hyperinflation happen in Zimbabwe, Germany and Brazil?
17:54 - 19:03 - Loss of faith in currency
19:04 - 21:42 - Potential for hyperinflation in the US
21:43 - 25:41 - Central banking
25:42 - 27:32 - The US federal reserve system
27:32 - 33:30 - Where does the US get the money for things such as the stimulus package?
33:38 - 35:42 - How do we measure how much money is actually in the economy?
35:43 - 39:11 - Conclusion on inflation.
39:11 - END - Wrap-up & Outros
On this episode of Fiscally Savage we’ll be covering financial literacy. Dylan will be taking you through the financial literacy quiz step by step and explaining the correct answers to each question. We’ll be discussing stocks, bonds, mortgages and everything you need to know about managing your debt.
In this episode of Fiscally Savage, Dylan explains everything there is to know about taxes and what YOU need to do to start paying less and using the system to your advantage.
0:00 - 1:20 - Introductions
1:40 - 4:00 - Outlining today’s topic and what we will be covering.
4:00 - 7:04 - How taxes are actually calculated.
7:05 - 8:50 - State income tax, sales/property tax.
8:50 - 11:37 - Setting up your tax form correctly.
11:38 - 14:28 - US Employment Benefits for W2 Employees
14:30 - 17:45 - The different between Traditional and Roth contributions
17:48 - 20:11 - What is an FSA? Where is that money going to go?
20:11 - 22:28 - Healthcare Insurance Accounts
22:30 - 25:10 - So how do I file my taxes?
25:10 - 26:40 - If somebody’s giving you something for free, you are the product.
26:40 - 30:47 - The two flavours of tax professionals.
30:47 - 35:44 - What happened to ReadyReturn? The system didn’t optimise for us.
35:45 - 36:30 - We need to arrange our affairs with the understanding of using the system to our advantage.
In this episode of Fiscally Savage we give you the full rundown of the US deficit, what it is, what controls it and what adds to it. We’ll also give you some harsh truths on the best ways to deal with it and how it really affects our lives.
0:00 - 1:10 - Introduction.
1:12 - 4:50 - Recap of the last episode.
4:51 - 7:47 - What the deficit is NOT.
7:48 - 10:03 - What you need to know in terms of the social security system.
10:03 - 14:53 - What part does Medicare play in this?
14:53 - 15:55 - The complications of health insurance for companies.
15:56 - 18:10 - The Koch Brothers study.
18:11 - 18:55 - The general fund.
18:55 - 19:48 - How the military routinely drives up the US deficit.
19:50 - 21:10 - Adult talk time, how do we get out of this?
21:11 - 24:34 - Tax cuts, do they work?
24:35 - 25:58 - Are the short term gains worth the long term effects?
25:58 - 28:05 - The Death Tax.
28:05 - 20:30 - The easiest way to deal with the deficit.
30:22 - 32:10 - How much debt is too much debt?
32:10 - END - Wrap-up & Outros.
On this episode of Fiscally Savage we will walk you through everything you need to know about taxes, where your income tax money goes and the different types of funds that help operate different sectors of the government and the US military. We will also give you a brief rundown on how to calculate federal income tax but be warned, this is not tax advice and we advise you leave that to the professionals.
00:00 - 1:28 - Introduction
1:30 - 3:00 - Setting up today’s topic, taxes.
3:00 - 3:40 - There is no political agenda here, this is purely educational.
3:40 - 4:30 - What sections we will be covering in this episode.
4:30 - 5:18 - The government isn't telling you the whole truth when they discuss taxes.
5:20 - 7:40 - How did federal income tax come about?
8:00 - 10:50 - What are federal income taxes?
10:53 - 12:16 - The difference between effective tax rate and marginal tax rate.
12:16 - 14:05 - You need to see tax how it is and not how your political beliefs tell you it is
14:05 - 17:40 - Where do your income taxes go?
18:00 - 21:57 - The US runs a structural deficit, what does that mean?
21:57 - 22:42 - What your payroll taxes are paying for.
22:42 - 24:00 - The source of money is just as important as who’s handing it out.
24:06 - 25:35 - The discretionary fund.
25:35 - 27:30 - What would happen if we just got rid of the US government?
28:00 - 33:30 - How do you formulate income taxes?
33:30 - END - Wrap-up & Outros.
This week’s episode of Fiscally Savage is about the savage reality. Systems are built to serve themselves and you will never be able to change that, however there ARE ways to set yourself up to take advantage of those systems. Learn how to make a plan for yourself and always be prepared for disasters around the corner on this episode of Fiscally Savage.
0:00 - 1:18 - Introduction
1:20 - 3:00 - Recapping last week's episode.
3:00 - 3:47 - We wish the GameStop situation had gone differently.
3:48 - 4:35 - Systems are always going to serve themselves.
4:40 - 6:48 - Examples of systems that serve themselves.
6:50 - 8:09 - How do we set ourselves up to take advantage of this?
8:10 - 9:43 - The sad reality is that civilization is going to try and try to stop you from changing.
9:45 - 11:20 - You always need to be prepared for disaster around the corner.
11:20 - 13:10 - You need to have a plan for yourself!
13:11 - 13:54 - You’re in a rat race whether you like it or not.
13:54 - 15:14 - Nobody expected Covid.
15:18 - 17:48 - How Dylan broke the system and got job offers from 3 of the big 4.
17:50 - 20:00 - The world is not black and white, but you need to control the things that are.
20:00 - END - Wrap-up & Outros.
In this episode of Fiscally Savage, Dylan is discussing the ongoing situation with Gamestop and WSB vs Hedge Funds. This is a personal situation for a lot of people whose parents never fully recovered from the recession and millennials are out for revenge against Wall Street. If you’re struggling to understand what’s going on, this episode will explain and sum up everything for you!
This is NOT financial advice.
0:00 - 1:13 - Introduction
1:13 - 3:04 - Intro to today’s topic, the barbarian horde.
3:04 - 4:25 - Disclaimer, this is NOT financial advice.
4:25 - 8:24 - What is short selling stock?
8:24 - 10:53 - Let's talk about Gamestop & DFV.
10:53 - 13:00 - What is a brokerage?
13:00 - 18:23 - Robinhood & Citadel
18:23 - 24:47 - What was the big short?
24:48 - 28:23 - The millennial generation has a long memory.
28:24 - 29:40 - What are call options?
29:42 - 32:36 - This isn’t about the gains, it’s about vengeance.
32:36 - 33:37 - Everyone on WSB is on the same page when it comes to hedge funds.
33:38 - 36:05 - What is clearing?
36:05 - 37:58 - Robinhood played dirty with short sellers.
37:58 - 38:48 - The most divided politicians in recent history are all in agreement on this!
38:48 - 40:00 - WeBull are trying to keep up with demand whilst Citadel back Melvin Capital.
40:00 - END - Wrap-up & Outros.
Diamond. Hands.
In this episode of Fiscally Savage we explore how culture is deeply rooted in our society through things such as homeownership, car ownership and other common things we expected to do as Americans. We will discuss how these things may affect our financial situation and how to break out of that mould and live free.
0:00 - 1:15 - Introductions.
1:15 - 2:20 - Setting up today’s topic, The Culture Trap.
2:20 - 2:50 - Cultures are systems.
2:50 - 5:30 - Culture can inform your financial decisions.
6:15 - 9:30 - The Homestead Act of 1862.
9:30 - 11:45 - What is mortgage insurance?
11:50 - 13:00 - The Emergency Home Finance Act.
13:10 - 14:00 - Does Dylan believe in the American dream?
14:00 - 15:30 - The culture of home ownership and economic incentives.
15:30 - 17:00 - Food subsidies and healthcare.
17:00 - 17:40 - All of these things might not be the life you want to live.
17:45 - 19:33 - How do we defeat this?
19:35 - 21:05 - You need to understand the system.
21:10 - 24:00 - How can I make the system serve me?
24:00 - END - Wrap-up & Outros
Humans are tribal creatures. We form tribes, seek them out, and struggle to maintain them. For most of us, our friend group is our tribe and that group will help us define how we interact socially, how we think politically, and how we handle our affairs financially. But what happens when we want to level up our life? How will the tribe react?
0:00 - 1:10 - Introductions.
1:10 - 1:40 - Discussing last week’s interview with Colt.
1:40 - 2:05 - Setting your boundaries in foundation relationships.
2:10 - 2:40 - Foundational relationships form your opinion on almost everything.
3:00 - 3:30 - You need to understand how the relationships in your life are informing how you spend your money.
3:40 - 5:15 - Did you choose the relationships in your life?
5:20 - 6:30 - Friendship is an investment.
6:30 - 7:30 - Meeting people outside of your socio-economic bubble is when you find your people.
7:40 - 9:00 - You need to meet people from outside of the tribe to experience different cultures
9:00 - 10:30 - Is your friendship formed in a shared struggle?
10:30 - 12:30 - How finding success can cause your tribe to turn their back on you.
12:30 - 15:00 - When you start changing your friends may become passive aggressive towards you to try and change you back.
15:00 - 18:00 - Calling your friends out on this behaviour will lead to negative feelings as you are going against the tribe.
18:00 - 19:15 - Tribal identity is deeply ingrained in our society.
19:15 - 20:00 - You are the average of the five people you spend the most time with, why not choose good ones?
20:00 - END - Wrap-up & Outros
Today I am joined by Colt Gordon, Therapist and Social Worker, to discuss our connection to our family, how that impacts us and the decisions we make, and how to break free from it.
00:00 - 1:10 - Introduction
1:20 - 1:50 - Introducing our guest today, Colt Gordon!
1:50 - 4:00 - Colt explains his background of broken family issues and mental health issues
4:20 - 5:20 - How getting the tools for success turned Colt’s life around
5:20 - 8:00 - Dylan and Colt discuss foundational relationships
8:05 - 10:10 - How do you get out of a dysfunctional family relationship?
10:10 - 13:15 - How does playing the caretaker role effect your financial decisions on a daily basis?
13:30 - 15:40 - Does Dylan maintain his “live free” advice when making his own purchase decisions?
16:00 - 18:00 - Should replacing something like a backpack at the end of its life carry so much guilt?
18:10 - 22:00 - What advice would Colt give to someone in a caretaker position that is trying to live free?
22:15 - 24:00 - Change your language to focus on the path you want to be on!
24:30 - 26:10 - Make a shitty draft of your dream life and work towards it
27:00 - 31:00 - How and why Dylan took control of his financial situation after being asked to commit fraud as a teacher
33:00 - 37:30 - How generational trauma runs through families and how to overcome it
37:40 - 41:00 - “Your family always has your best interest at heart” or do they?
41:30 - 47:00 - Is blood really thicker than water?
49:10 - 50:00 - You can self differentiate into a wrong decision
50:30 - 55:00 - People aren’t always going to agree with you self differentiating and will ask you to “be your old self”
55:00 - 1:00:00 - You have to be prepared for people’s reactions to your self actualising as it will be hard to overcome
1:00:00 - 1:03:00 - People are either going to get on board or they’re going to leave, but people remember the ones that step out of the mould
1:03:00 - 1:06:00 - What was Dylan’s path to getting his finances together?
1:06:00 - 1:09:00 - Was it easy for Dylan in the beginning of his journey? And how he feels about his finances now
1:09:00 - 1:12:00 - What does it mean to be financially savage?
1:12:20 - END - Wrap-up & Outro
This episode takes a break from the Social Problem to discuss New Year's Resolutions, voting for who you want to be, and chasing down a gazelles on foot.
On today’s episode of Fiscally Savage we discuss your relationship with your family, does your family want to see you win or do they see your success as a threat? You’ve learned a lot of financial habits from your family but are they the correct ones? Lot’s of important lessons to learn in this week’s episode.
00:00 - 1:36 - Introduction.
1:36 - 3:00 - Today’s topic, the social problem in relation to your family.
3:00 - 4:02 - Is your success viewed as a threat by your family?
4:02 - 5:00 - Understanding the foundation of your relationship with your parents.
5:00 - 8:48 - How financial trauma is amplified through generations.
8:48 - 10:00 - The world now is a lot different to the one your parents grew up in.
10:00 - 12:30 - Important lessons and foundational experiences that can be learned from your parents.
12:30 - 14:50 - The foundation you’re going to have financially is the foundation your parents already gave you.
14:50 - 17:15 - The cost of achieving your vision is your old life, your family is not your fate!
17:15 - 20:00 - You don’t owe your family anything, does your family want to see you win?
20:00 - END - Wrap-up & Outros
On this week's episode of Fiscally Savage we’re following on from the last episode with part two of the social problem. Are you seeking validation in the wrong places and letting it affect your financial situation? It’s time to learn self actualization!
00:00 - 1:26 - Introductions.
1:26 - 8:00 - Discussing our relationship with ourselves.
8:08 - 10:50 - The different types of validation people tend to look for.
10:53 - 11:14 - There is no sovereignty in seeking external validation.
11:15 - 13:00 - Contrary validation.
13:04 - 14:00 - How can you have a vision for your finances when you don’t even know what you are?
14:03 - 17:40 - Victim validation, The Oppression Olympics.
18:00 - 19:12 - Self actualization
19:12 - 23:00 - The hierarchy of needs.
23:00 - 24:20 - Your relationship with yourself is critical for you to live the life you deserve!
24:20 - END - Wrap-up & Outros
This episode of Fiscally Savage will teach you how to surround yourself with people who want to see you succeed and people you want to model yourself around, because you will become a product of your circle, it’s time to change your relationship with yourself!
0:00 - 1:32 - Introductions
1:33 - 3:26 - Brief introduction of today’s topic, the social problem.
3:27 - 4:00 - What is a healthy relationship?
4:30 - 5:30 - Do you have a healthy relationship with yourself? Do you wanna see yourself win?
5:30 - 6:50 - Human beings don’t like to lose.
7:00 - 9:00 - Is your family rooting for you to win?
9:00 - 12:00 - Surround yourself with good people, you will become the average of those people!
12:20 - 17:30 - Culture is part of the social problem.
17:30 - 18:50 - Culture will try to stop you deviating from the normal.
19:00 - End - The price of your new life is your old life.
What if I paid you $100 an hour to work on your budget? That’s the kind of savings you can make if you apply the knowledge you’re about to gain from this episode of Fiscally Savage!
0:00 - 1:36 - Introductions
1:40 - 5:20 - Discussion and explanation of the budgeting problem.
5:30 - 6:00 - Our finances should serve us!
6:10 - 8:00 - Discuss your finances with your partner, it could give you a better relationship!
8:00 - 8:30 - How much heartache and sadness could be prevented just by being in charge of your money?
8:30 - 10:00 - Dylan’s struggles with the Fiscally Savage web designer and being financially flexible enough to adapt and find a new one.
10:00 - 12:00 - It takes time to get to this point!
12:20 - 14:00 - 2020 hasn’t been a good year for us
14:00 - 16:30 - If you’ve invested the time to take control and live free, you’re gonna want to take the ball and control your future.
16:30 - END - Wrap-up & Outros
Welcome back to another episode of Fiscally Savage, this one is our final instalment on the system problem. In this episode Dylan will be discussing macro systems vs micro systems, the things we can control and the things we can’t control. This episode contains a lot of great information and advice for you to take control of your own circumstances, the only person who can take ownership of you is you!
00:00 - 1:30 - Introduction and setting up today’s topic, the final iteration of the system problem.
2:00 - 3:30 - Introduction to macro systems vs micro systems.
3:40 - 7:30 - The things we can’t control and systems that don’t care about you.
7:40 - 9:30 - Why it’s so easy to get caught up in macro systems.
9:40 - 10:15 - The past doesn’t dictate the future!
10:20 - 13:30 - The things that we have an influence on.
14:00 - 14:30 - Influence is not control!
14:30 - 16:40 - The things we DO have control over.
16:50 - 18:00 - Ownership of your circumstances is for you and you only, don’t be a victim!
18:00 - 20:00 - Showing ownership of my circumstances as a teacher.
20:00 - 21:20 - Taking control of your sovereignty.
21:30 - END - Wrap-up & Outros.
Welcome back to Fiscally Savage, on this episode we’ll be answering the question of “Now What?”. Our host Dylan will be explaining what sort of account to keep your short term and long term savings in, planning for things YOU KNOW are coming, how cryptocurrencies are another form of gambling and more!
0:00 - 1:28 - Introductions.
1:28 - 1:51 - Outlining today’s topic, “Now what?”.
1:51 - 3:30 - Checking account or separate account, high yield savings account?
3:30 - 6:00 - What should go into that account?
6:00 - 8:00 - You should have 6 months worth of savings in the bank. Plan for eventualities.
8:20 - 12:30 - Prepaid expenses, plan for things you know are coming.
12:45 - 15:30 - What is investing? What are assets?
15:30 - 16:15 - Cryptocurrencies are a form of gambling.
16:20 - 18:10 - Financial assets recap.
18:14 - 22:50 - Passive funds & active funds.
22:51 - 24:00 - Good investment should be boring, anything less is gambling.
24:00 - END - Outros
On this week’s episode of Fiscally Savage we’re discussing part two of the system problem. Dylan will talk you through setting yourself up for the lumpiness of life and an in depth discussion about debt. How to pay it off? When to pay it off? What are the best methods for paying off debt? All will be revealed in this episode.
0:00 - 1:30 - Introductions.
1:32 - 3:30 - Outlining today’s topic and recapping last week’s episode, “The System Problem”.
3:30 - 5:05 - One simple truth about life, it’s lumpy! How do we solve this?
5:07 - 5:50 - Split your online savings into a different bank account, create friction between that and your main account.
6:00 - 6:42 - Be aware of minimums and fees!
6:50 - 13:00 - Debt, how to pay it off, when to pay it off and everything in between.
13:00 - 15:00 - What method do we use to pay off debt? Snowball method vs Avalanche method.
15:00 - 17:30 - “Wouldn’t it be better if I invested that money?”.
17:30 - 20:30 - Consumer loan debt vs Mortgage debt.
20:30 - 22:00 - Don’t drink the Kool Aid about tax benefits for paying mortgage interest.
22:00 - END - Wrap-up & Outros.
Welcome to Fiscally Savage episode 5, where today we discuss systems, how they’re designed to work against you and how you can manipulate them to work in your favor and capitalize on their flaws to enhance your finances on your path to correcting your spending habits and growing your savings.
0:00 - 1:24 - Introductions.
1:24 - 3:00 - Outlining today’s topic, the system problem.
3:03 - 4:40 - Example of system problems (Your meal plan).
4:45 - 6:39 - Another example of system problems (The education system).
6:40 - 7:20 - Credit card reward points are designed to keep you in debt.
7:15 - 7:40 - You can bend these systems to your own benefit.
7:45 - 9:00 - Step 1: The Plan.
9:03 - 11:00 - Step 2: List Your Expenses.
11:02 - 13:10 - Step 3: Do The Math (Look at your bottom line).
13:10 - 13:55 - Separate your Checking account and your Savings accounts into different places.
15:00 - 16:20 - Check your bank account every single day.
16:25 - 18:45 - Step 4: Executing The Plan.
19:00 - 21:33 - Step 5: Review your progress, what went well? What went bad?
21:35 - END - Wrap-up & Outros.
Welcome to Fiscally Savage where today we dig into the objections and pitfalls you will face on your path to F U money and getting your finances together. We’ll discuss these in detail and teach you how to deal with each of them in an effective manner, giving you the tools and knowledge to beat down every obstacle in your way.
0:00 - 1:50 - Introductions.
1:50 - 3:49 - Outlining this episode’s topic.
3:59 - 6:10 - Objection one, people don’t want to lose flexibility.
6:10 - 7:51 - Objection two, “I don’t have time”.
7:52 - 10:30 - Objection three, “I don’t have enough money.” Or “I’m not that poor”.
10:35 - 13:49 - Objection four, “My spouse or partner won’t help me with this.”
13:52 - 15:40 - Objection five, “Looking at my spending and debt makes me feel uncomfortable”.
15:45 - 16:20 - Reviewing and discussing the five objections.
16:25 - 17:05 - Pitfall one, lacking the vision.
17:07 - 18:10 - Pitfall two, lack of communication.
18:14 - 19:50 - Pitfall three, “Let’s invest”.
19:56 - 22:00 - Pitfall four, taxes.
22:00 - 22:50 - Recapping and discussing the objections and pitfalls and how they fall into two categories.
22:50 - END - Wrap-up & Outros
Welcome to Fiscally Savage where today we get started on the steps to laying a foundation. In this episode we give you 5 steps to correcting your budgeting and starting your journey towards F You money and financial freedom. Join us for insightful content to help you escape the boundaries of debt and poor cash flow.
0:00 - 1:50 - Introductions.
2:00 - 3:10 - My journey to FU money and financial freedom.
3:15 - 3:30 - Time is money!
3:40 - 4:40 - Step 1: What is your why? Why do you want to have this budget?
4:45 - 7:50 - Step 2: Get the lay of the land, looking at your cash flow.
7:54 - 9:30 - Step 3: Do the math! Don’t get math anxiety though, all we need is the basics.
9:34 - 12:40 - Step 4: Allow yourself to face the truth, this is the fun part!
12:45 - 14:00 - At this point you should be beginning to see what the issues are!
14:00 - 15:00 - How to control a spending problem, budgeting.
15:30 - 17:30 - Step 5: Time to write a budget for the life you have right now. What are your must haves?
17:40 - 18:20 - Recapping the 5 main steps to fixing your budgeting.
18:20 - END - Wrap-up, outlining the next episode and outros.
Today we get started on the steps to creating your vision. In this episode discussion includes, how realizing your vision is first and foremost to create the life you desire. With 5 steps to follow and 5 action points to start this engaging episode provides the tools you need to get started on your goals and achieve your dreams.
0 – 1.30 – Introduction to the show.
1.31 – 3.35 – The importance of a vision.
3.36 – 5.29 – Step 1: Give yourself permission to dream.
5.30 – 7.54 – Step 2: Ask yourself where you want to be in 1, 5 and 10 years.
7.55 – 9.43 – Step 3: Visualize your life at those checkpoints.
9.44 – 11.48 – Step 4: Allow the vision to be emotional.
11.49 – 14.16 - Step 5: The Clock is ticking.
14.17 – 19.43 - Five action points to help you start.
19.44 – 20.32 – Short recap of the five steps and action points.
20.33 – 21.19 – Acknowledgements and promotion.
On episode one of Fiscally Savage we discuss what it means to be fiscally savage and introduce you to the first step of breaking away from the chains that tie us down. I hope you enjoy this thought-provoking introduction episode and look forward to bringing you more episodes. The aim is to share my own experiences and help you to break free from the chains of debt and social pressures simply by having a vision and the courage to breakaway.