#25: Financial Freedom Ain’t What You Think It Is with Skylar Higley

We live in a culture that values “financial freedom” above almost all else. WTF does this even mean?!  Work like a donkey and you’ll have financial freedom, right?  Get really good at day trading stocks and one day you’ll have that big winner, right?   Play the lottery and when you win a small jackpot (say, $1 or $2 million) you’ll have financial freedom, right? Comedian Skyler Higley (Laugh Factory, January 25th) joins me to discuss how all this is BS.  You may also learn a thing or 2 about Mennonites...and methanites.  Bottom line: you can do whatever you want right now. It’s just no one is ever going to tell you that.  I  also discuss how last week’s negative news on Apple’s revenue problems is HUGE for the market, though everyone seems to have moved on thinking  the bull market is fully back on track.  Finally, my dad comes on to talk about some of the economic effects of Drumpf’s government shutdown.  Show Highlights: - What is financial freedom?  - FF has a spiritual component & a tangible component  - What is the right plan for financial freedom?  - 60/20/20 rule  - Why it’s important to know your net worth - Cut up your credit cards - Put this plan into place and your money anxiety will decrease. - The markets have suddenly forgotten all the bad out there -  Jeff Bezos is getting divorced - Apple is becoming a service company. -  Last week’s jobs reports is a misdirection - Should we raise interest rates? Huge impact on economy - Amer's dad talks about the government shutdown and its economic impact Latest episode of Business News and Other $#!+