The Modest Millions Show - Personal Finance, Budgeting, Early Retirement, Financial Independence and

The Modest Millions Show - Personal Finance, Budgeting, Early Retirement, Financial Independence and


Latest Episodes

MM010: Setting SMART Personal Finance Goals
May 08, 2017

That which is measured improves. Easier said than done when you're trying to figure out your personal finance goals for the next 30 years. So how do you keep you personal finance goals on track? It all starts with SMART goal setting.

MM009: Being Happy with “Having Enough” - The Modest Millions Show - Personal Finance, Budgeting, Early Retirement, Financial Independence and Getting Out of Debt Tips for Average Folks
May 01, 2017

Society encourages us to work hard so we can keep working our way up the corporate ladder so we can ultimately find success at the top. Along the way, we'll see our income increase and almost inevitably so will our lifestyle. But,

MM008: Roth vs. Traditional IRA Which is Right for Me? - The Modest Millions Show - Personal Finance, Budgeting, Early Retirement, Financial Independence and Getting Out of Debt Tips for Average Folks
April 26, 2017

What do you do when you have the option to contribute to either a Roth IRA or a traditional IRA? Is it better to take the tax break now in the hopes that the added investment juice and a projected lower tax rate in retirement leads to a larger nest egg...

MM007: Tax Day Takeaways - The Modest Millions Show - Personal Finance, Budgeting, Early Retirement, Financial Independence and Getting Out of Debt Tips for Average Folks
April 17, 2017

Today is Tax Day in the U.S. It’s a day dreaded by many, but hopefully this year's tax season was relatively stress-free and free of any major surprises for you. As we wrap up one tax year and plan for the next,

MM006: Understanding Retirement Accounts: IRAs - The Modest Millions Show - Personal Finance, Budgeting, Early Retirement, Financial Independence and Getting Out of Debt Tips for Average Folks
April 10, 2017

Sometimes you don't have access to a 401(k). Sometimes you want to have more control over which funds you're investing in. Sometimes you just want to have more retirement savings vehicles available to you. The IRA is the unheralded hero of the modern-d...

MM005: Understanding Retirement Accounts: Traditional 401(k) - The Modest Millions Show - Personal Finance, Budgeting, Early Retirement, Financial Independence and Getting Out of Debt Tips for Average Folks
April 03, 2017

You've heard of 401(k)s at work, and heck you might (hopefully!) contribute to one. But do you really know how they work and how they can maximize your retirement savings? Let's dive in and learn more about the Traditional 401(k) account.

MM004: What is the 4% Rule and is it Right for Me? - The Modest Millions Show - Personal Finance, Budgeting, Early Retirement, Financial Independence and Getting Out of Debt Tips for Average Folks
March 27, 2017

Have you heard about the 4% Rule and how you can use it to safely make withdrawals from your savings in retirement? It can be a simple rule of thumb to make sure you're able to withdraw enough money to cover your retirement expenses without needing to ...

MM003: The New Retirement Model and the Goldilocks Goal - The Modest Millions Show - Personal Finance, Budgeting, Early Retirement, Financial Independence and Getting Out of Debt Tips for Average Folks
March 13, 2017

"Retirement" is such a dated term. It conjures images of senior citizens who have worked their whole life, only to retire with nothing to do. What if, instead, people gained financial independence so they could have the option to put their life skills ...

MM002: How to Set Up a Budget - The Modest Millions Show - Personal Finance, Budgeting, Early Retirement, Financial Independence and Getting Out of Debt Tips for Average Folks
March 12, 2017

Today, we tackle how to set up a budget, the cornerstone of any personal finance plan. The household budget is where it all starts, and without a firm foundation in place, it's easy for our long-term savings and retirement goals to slip from our grasp....

MM001: Breaking the Rules of Retirement: A Manifesto - The Modest Millions Show - Personal Finance, Budgeting, Early Retirement, Financial Independence and Getting Out of Debt Tips for Average Folks
March 12, 2017

On today’s inaugural episode, we talk about the goals and objectives the podcast, household budgeting, the difference between "retirement" and "personal finance" one of the first tools I used while getting a handle on our personal finances and I'll giv...