All About That Peace Out Money

We fit right in, dude. For me, what I loved about it was that being self employed for the past over ten years now, that I haven't had, I guess, an excuse to go to something like this where there's a big conference and folks are all talking the same language. You know, we're talking nerdy financial stuff. We're talking about financial independence, real estate, things like that. And to be able to do that with something that we care so much about was awesome. You know. Going there, we learned

a ton. We got to meet a lot of people where I got to meet a lot of people. These are a lot of folks that you have known for years now, Yeah, but there's also a bunch of new people there this year that I never met to. Yeah. It was fun to reconnect because this was my fifth time at finn Con, right, So it's really fun to reconnect with people that I've gotten to know over the years and hang out with. But then it was also super fun to meet new people that I've never met before.

But the thing is, you know, online we're interacting with people all the time on Twitter or on blogs or whatever that do similar things to what we're doing, people that we respect and admire and are We're just super interested in what they're creating and how they're helping people. And that's the cool thing about finn Con. It's like, really it's it's this atmosphere of people that want to help other people with their money exactly. Yeah, man, it's

so cool. And so it's just like culture of service, and man, it just makes me think and want to redouble our efforts here, like let's give them something useful, right that every episode that we create, not only do we have fun, do we get to drink an awesome beer, right, but we get to you know, care for and interact with the people that listen to the show. Man. That's that's my favorite part. Every time we get an email, every time you know, the people that listen are interacting

on our Facebook group. That's just that's so much fun for me. And so yeah, I love that part of it, and I love that all these other awesome folks at Finncon are kind of doing it in their own separate niche in their own blog or podcast or wherever they're reaching people, and it's it's a beautiful thing. So you mentioned new folks. It also reminded me of our new buddy Scott and he is working on a documentary on

financial independence. It's called Playing with Fire and they launched a kickstarter, which used to do a lot as a kid playing with fire. That that is so true. Yeah, I played with fire a lot. But uh yeah, it's a documentary that they kicked off and they launched a kickstarter at the beginning of the conference and it is doing incredibly well. We are supporters of that documentary as well. Scott was a great dude. I actually met him kind

of randomly and like in the elevator. That's what's so cool about something like this, right, you just kind of bump into somebody, start chatting trins out. He just had a trailer to his documentary played at the opening keynote. When I saw it, I was like, Scott, this is fantastic, man. This is gonna be so good and I'm super excited to just see you know how this is gonna play out and just how this is going to have an impact on not just the money in media, but just

specifically to financial independence. Right. But yeah, we want to get that information out there for you as our listener, if you want to go check it out, it's playing with fire dot c O. And so we'll post a link to in the show notes to that Kickstarter page, to that website. Because yeah, Scott's an amazing dude, and the documentary looks like it's gonna be amazing because it follows him and his family and kind of their path

to financial independence. He's got a little daughter. It's just kind of cool to see how they grabbed ahold of it and kind of changed the way they lived, which not just getting their finances together, but man, as we've talked about in regards to financial independence, it's kind of this wholesale life change, focusing on the things that actually matter and not just money and spending as much as you can, right right, And so so yeah, this's gonna

be a cool documentary. But also inside that he interviewed so many people that are just amazing thinkers in this space. So it's gonna be really fun from an artistic standpoint, it's gonna be really fun from the interviews that are in there and just following Scott and Taylor's story, so I'm super stoked to see it. It It looks like it's gonna be released in February, so yeah, we'll pust the link there, and I would just encourage anyone just go give a few dollars, just be in support of it

because it's gonna be really fun. And you know, Matt and I are excited to go to a screening when it comes to the Southeast, comes to Atlanta. We're totally gonna be there and do whatever we can to support this documentary. It's it's really neat. Yeah, man, that's right. So let's mention the beer that we're drinking today. Matt. This is only our second home brew we've ever had

on the show, but I'm really pumped. So today we have a beer from I guess a brewing group, a group of guys that gets together and they call themselves the Yeast Atlanta Brewers, which is awesome because we live in East Atlanta and these guys are the Yeast Atlanta Brewers, and so this was really kind of John. He donated a four year old beer that he made that's been like just chilling uh in his in a seller. It's got a legit seller with with you know, lines on top.

He's got it all. So I'm super excited to have this one. It's an ud bruin uh And we've had that style actually recently on the show. Yeah, so we kind of fun to compare a d bruin from last week that was kind of made by the pros and then this one made by the guys that live in our neighborhood. All right, Matt, let's get into the subject for today. We're all about that peace out money. And this is kind of a topic that people have discussed

from time to time. And the most popular term I've heard used for peace out money, that's what we're gonna call it, but a lot of people call it f you money in the financial space. And so we're gonna talk about like why we don't call it a few money in just a second, But really, peace out money addresses this core issue because, as it turns out, the majority of Americans are living paycheck to paycheck and they

don't even have a thousand dollars in the bank. And so when that's the case, you feel tied to your job and like you have no other options, and so Matt, you and I feel like peace out money. That's what we're gonna call it. That this can majorly address that issue. Yeah, that's right. So that's the answer, right, And so we're defining it as just having enough money to leave a

situation where you could technically stay. You know, you're finde there, you're making money even though you could technically stay, you're not going to You're going to choose not to, and so to have the money that allows you to do that. That's how we're going to define piece out money to

essentially throw up the peace sign with your fingers. Piece out like two fingers out one right, because if you money is like the one finger, and piece out money's like the two fingers, right, And so you're you're saying, all right, you know what, I've got what I need and I'm out of here, whatever it is. And so we yeah, we think you can do this in a

respectful way. And we'll talk about like all the benefits of having this piece out money, like how you actually a crew piece out money and what it's actually used for. But ultimately, piece out money is kind of more of an attitude than it even is a financial position. Right.

It is important to have that money in your bank account to back you up when you're ready to say your piece out to a job, or piece out to a situation that you're in that you find yourself uncomfortable and and having that amount of money in your bank account to back you up, right is crucial. But it also is an attitude. And I like this quote from Johnny Carson, former late night host, right, he said, all that means is that I don't have to do what

I don't want to do, right. And I've heard that from a lot of performers, especially if you're an artist, if you're a stand up comedian and someone says, hey, you can't say that, Hey you need to take this

down from your website, whatever it is. I remember an article that Mr money Mustache wrote a while a while back that a credit card issuer wanted him to take one cuss word that he put on his website off of it, and it was gonna mean forty dollars for him, but it meant ultimately a compromise of his values to do it, and so he said, no way, not gonna do it. That's the kind of peace out money that we're talking about. Get out of here. I don't need your money. I have to I'm gonna live life on

my terms. Yeah. I think it was actually forty a month. Oh my gosh. Right, Yeah, that's a lot of money. Yea, if I remember right, it was a serious amount of Yeah, serious amount of money. I think it was forty forty k a month. We'll try to find that article on post a link to the show. Yeah, that'd be great. And kind of going back to the you know that the fu money. It's not that we're pose necessarily to the foul language, but it's just mostly the idea that

you're burning things down as you leave. Right. You caught me all sorts of terrible things, but we just don't like burning bridges, first of all, Like we don't feel that that's, you know, how you should necessarily treat others. It's just not how we necessarily operate as far as finding revenge, you know, exacting revenge on somebody or feel

like you're kind of sticking it to them. And then secondly, jobs and just other opportunities that are out there are just too well connected, you know, and so it's Honestly, it's in our best interest. It's in your best interest to not behave that way. The world is just so connected now, and chances are if you were to do something like that and really stick it to maybe a former employer, I don't think that would work out too

well for you. Yeah, there's ways to say peace out with two fingers right whe where you're doing it in a kind of conscientious way. You're maintaining connections with people, You're maintaining a humanity and a human relationship to it. Really, what it is, it's about this mindset, and it's about having the money in your bank account to back it up that says, you know what, I don't need this job right now. I'm ready to move on to something else.

I'm ready to go in a different direction with my life. Plus, our daughters just love saying peace out, you know, every time they leave there like piece out homies. I know, I think I got my daughter starreading to be on this stuff like that. So yeah, let's go ahead and move on to the benefit first. You know, having peace out money it allows you the ability to step away

temporarily from a job. It could be for health reasons, for for you individually, or maybe even for a family member, or there might be just other sort of issues that might be going on with your family, or even honestly, to quit a job altogether. If there's just another opportunity that comes along, it's something that would be much much

riskier if you did not have that piece out money. Yeah, if you don't have any money in the bank account, if you don't have anything backing you up financially, you can have the mindset that you want to piece out all you want, right, so you've gotta have that financial backing. That's what that piece out money is, is this money combined with your mindset. And it also emboldens you to ask for the things that you really want. So maybe

you don't want to step away from your job. Maybe everything's fine, you love your job, you don't want to quit, But it also emboldens you to ask for those things that you want, maybe a different project or position you'd like to take. Well, it gives you that empowerment to ask for a raise or to negotiate even harder. Maybe it involves less schmoozing. Right, you don't have to be there for events that you don't want to be a

part of. Or gives you the ability to opt out of meetings that you don't feel like are important for you to be a part of. Yes, so it lets you like call your own shots and be actively involved in the process of what your work looks like. And that's because it changes the outlook on what you're currently doing. You can actually appreciate your work for what it is and not just for that paycheck that's coming in. Awesome, man,

I love that. You know, also something else you should hopefully be doing the right thing anyway at work, right, But I think having a little bit of that backing right, like you just said, a little bit of that piece of money can hopefully give you that additional courage, a little more fortitude to stand up for what's right, to kind of stand up for what you actually believe in instead of maybe being pressured sometimes to do the things

that you feel that the company is doing. Sometimes you might feel pressured to do something that might be a little unethical or honestly even illegal, or take the most expedient choice. Yeah, yeah, exactly. And if that's the case, and even still hopefully money is not an issue for you to make the right decision, but having that they're

definitely helps. Yeah, mat So on that note, I feel like it's really interesting that people with certain high level government jobs, especially with access to top secret information, and certain high level private sector workers just aren't eligible for some of these positions with access to greater information if they have high levels of debt or if they're just in a bad money situation, and that's because their employer or the government thinks that being in a bad financial

situation opens them up to the possibility of blackmail from a foreign government or competing company. I think that that speaks volumes right of how our personal finances can impact at times our ability or willingness to do something that's expedient or better in the short term for us not

thinking about the long term game. And this kind of idea of having some peace out money, of having some financial stability in your life allows us to say, you know what, no to the short term thing that might seem like the best for right now, for today, but ultimately in the end, we're going to be really bummed, and we don't want to tell our kids that we made that decision, and we don't want to have to

live with it for the rest of our lives. We would rather do the thing that is right or the thing that that we think is best for us or for our company. But we might choose to make that quick and easy decision that ultimately isn't best, and it's because we're in a bad financial standing. And I will say, man, I don't know that I've made a necessarily a moral decision that was bad because of a bad financial standing. But I will say, when I had no money, I

feel like I made stupider money decisions. I remember distinctly buying a car that was just cheap, and that cheap car ended up costing me more in the long run. It was just a bad money decision. And so when you don't have that financial backing, you're just prone and susceptible to making quicker decisions, and often ones that aren't as well thought through and can ultimately be more harmful for you further down the road. Yeah, man, I think

that's absolutely true. Uh. And this also applies not only to jobs, but also in personal relationships. You know, you might be dating someone who you feel isn't like quite the right one. Better not you're married, I said, do you not me? Uh? And you'd call it quits maybe, except you feel a little, you know, financially dependent on them.

And this could also be the case to like in a housing or a roommate situation, you know, like you've got a roommate or you feel you need to have a roommate because you're in a position of sort of financial weakness, like you don't have a lot of strength, and you're like, well, I need to take this on and this isn't a great situation, but I I need this roommate, you know, I need this to pay the rent or I need this to pay the mortgage. And you know, I think this could also even apply to

unhealthy relationships with parents. A lot of times parents certainly have more money than children do, and sometimes it can kind of get weird, you know, it can get weird when there's money involved, and how that can affect the relationship, how that can affect the dynamics. And I think that's definitely something worth considering and worth keeping in mind when it comes to having the ability to have that money

on hand. Yeah, and Matt, I think too. We're not advocating necessarily saying peace out to personal relationships, right and saying well I'm done with you, but having peace out money allows you to kind of change the dynamic of relationship that might be unhealthy or a relationship that you can see, you know what this it's time for me to move on, or if you know that it's not working out, you know, it's just feeling trapped in the same way that sometimes we feel trapped in our jobs,

which our relationships right their employer employee relationships, but the same thing with you know, yeah, with interpersonal What makes me think about our friend Grant, who runs the website Millennial money dot com, and he tells a story about how when he was in his mid twenties moving back in with his parents and you know, eating dinner with them every night, and it just changed the dynamic of their relationship that he was living at home and his

parents thought, you know, you know what, it's probably time for Grant to be like out of the nest, you know, doing his own thing. And he felt that dynamic, right, he understood, and he wanted to be out of the nest too, and so then he just kind of got him motivated to work harder and get that piece out money and feel like he could leave. And it wasn't that he want to say piece out to his parents.

It was it was that the dynamic was off, it wasn't what he wanted to be, and having that money gave him that power right to bring that like relationship dynamic back to what he wanted it to be with his parents, where he wasn't dependent on them in his mid twenties, but where he kind of could have his own life. And I think at that point in your life, in your mid twenties, that's kind of the relationship you want with your parents. You don't want to be dependent

on them. You you feel a sense of that. It's that it's kind of weird, right that you're still dependent on them at that age. And I remember going through that at at different times. Specifically, I moved back in with my parents for a few months when my roommate moved to another state and I was saving up my last few dollars to buy, you know, my first house, and that three months was like really hard for me

as a year old to move back in with my parents. Um, I was like super thankful that I had that ability to go land there, but it was hard mentally. Relationally, I'm thankful that we're close. I love my parents, but it was weird, right, And and so I just think that that peace out money developing, that having that ability it can change the dynamic of relationship that you feel like has gotten tweaked in a way that you didn't want it to be. Yeah, man, that's right. There are

countless benefits to having peace out money. Um. And as we talk about this too, it sounds like we might be talking even more about financial independence, and it's not the way we're defining it. In the way we're talking about it. Peace out money is different than being financially independent, and after the break we will tell you how. Okay, man, So we just touched on this, but having peace out money is not the same thing as hitting or achieving

financial independence. And so specifically financial independence or PHI like we refer to it sometimes is being able to do whatever you want, whenever you want and essentially indefinitely. Right. It's sort of the pinnacle. That's that's the goal that a lot of us are sort of loosely chasing after, or some folks are going after it like hardcore essentially not having to work anymore where you don't need that income, all right, man. Yeah, So think of piece our money

as more of many retirement compared to early retirement. Right, peace out money gives you that ability to change course, find a new career, or go back to school, even start a new business, even if you're not financially independent, right, because that that's like a big bar to try to achieve becoming financially independent. That takes usually for most people a lot more than a decade even yeah, yeah, years

and years. But peace out money can be achieved rather quickly and gives you that ability to say, you know what, I don't have to do anything I don't want to do for the next three months. But there's some people that have prioritized many retirements, which means I take a little bit of time here. I take a little bit of time two years from now, uh, and I get to pursue the things that I want. I get to travel for a little bit, live cheaply, whatever it is.

But I'm not committing myself to a full time day job. And think of peace of money kind of like that. It's not this full on early retirement. I'm done, but it is this mini retirement where you get to take a break. It's like stop gap financial independence, you know, like Cobra health insurance. It's sort of like this sort of filler like in the meantime, like you said, while you're trying to sort of redirect your career or figure

out what it is that's most important to you. It's sort of like a bridge to kind of get you from the work that you're doing now to the work that you're gonna want to do on the other side of that. It's not the absence of work, it's kind of getting from work now, so what you actually want to be doing after the fact. Yeah, So that's the biggest difference. You need that piece of money and it helps smooth that path. So that brings up the question. I feel like, Matt, at what point have you achieved

this goal of peace out money? There is no magic number,

as it turns out, and it's different for everyone. Yeah, and it's almost less of a goal, and it's just sort of like this thing that you're working on, you know, it's sort of like this fund that you're kind of building up to deploy, you know, when the time arises when you are finally fed up, maybe with your job, or maybe when you see an opportunity that comes along where you think, you know, this is going to require six months of my time, or this is going to

require a few months of me hanging out with my family what you know, it doesn't have to be work related. It can just even be a personal value sort of thing. So it's not like there's gonna be a point at which you feel like you've achieved it. It's not like financial independence like we said, uh in that way, but

it's something that you're you're working towards. So figure out your goals, you know, again, whether that be a six month road trip maybe with some friends, or just taking a year off to start a business, that length of time is what's going to determine how much peace out money you need to have on hand. Yeah, So depending on what your goal is, that kind of determines the level of peace out money you need to be working

to achieve. So you need to make sure you have enough set aside to cover your living expenses for that period of time, assuming that you'll be able to begin working or earning again when they time period is up. So if you are taking that year to start a business, right, you know, you're gonna be working the whole time, but you're gonna be building that thing that you want to build, right, and so you're gonna need a year's worth of peace

out money. While you are able to say, buy to your day job and go work at this business that you know is going to be successful, that you are excited to create and that gets you jazz to wake up every morning. Right, that is worth it. That is worth a year's worth of expenses. And so it doesn't mean you have to be financially independent, but you do have to have that year's worth of peace out money

in order to make that dream a reality. So, dude, speaking of something that I wanted to create, that's exactly what Wiki and I did when it came to our photography company. You know, I was working full time as a graphic designer, and we had this dream to start our own business and to we'll be able to work together. And we were able to do that. Man, we had saved up enough money. We had, you know, our peace

out money set aside. Also though we were making money from the very beginning, and so for us, it wasn't as risky or as scary of a step because from a one we're able to start earning some income, you know,

from our side gig. But that being said, if we didn't have any money, if we didn't have any of that piece out money in case things would have fell flat, it would have been much much scarier to have stepped away from that W two you know, Yeah, Matt, And that makes me think about episode thirty five that we talked about creating a dope side hustle, and it kind

of intertwines with this. If that's something that you really want to do, you want to create your own thing, go check out that episode and I think you know what you're talking about there. That was your side hustle that turned into a full time gig. But the thing that bridged you over right from side hustle to being

a full time gig was that peace out money. It gave you that buffer that said, you know what I can fail or not do as well as I think I'm gonna do for a period of time while I'm building this thing up, and that piece out money, man, it gave you a lot of confidence to tackle that endeavor that you felt compelled to do. Yeah. And something else, man, is that we didn't have uh any debt when we

were able to to take that on. Had we had a lot more debt or you know, any payments sort of hanging over our head, we would have had to have a massed and stored up a much fatter uh piece out money stash, right, and that may have sort of throwing a wet blanket on our dreams to kind of start our own business. And so because we were living frugally, and we'll talk more about that a little bit later, but we were able to sort of chase after what it was that we wanted to do sooner.

All right, Matt, after the break, we'll talk about where you should be putting your piece out money and how you should be thinking about it if you don't feel like you even have a solid goal in mind yet. All right, Matt, back to the break, and we want to talk about where you should be keeping your peace out money because we've talked a lot kind of about the philosophy behind it, why you want to accrue it. Yeah, now the nuts and bolts, man, nuts and bolts, lay

it on us. Well, you don't want to tap your four oh one k right in the event of feeling like you need to get get out of a situation, feeling like you need to quit your job, or it's time to start your own business, or even if you just want to get out of a living situation, right, Like we mentioned earlier, tapping her four oh one k, getting those reserves, you know, in paying the tax and penalties associated with it, that's not what you want to do.

So your piece out money should not be in long term investments, I will say, you know, over time, years and decades of accruing investments like that can actually kind of help you and give you a little more fortitude when it comes to making decisions that might not be in the best interest of your pocketbook but in the

best interest of your life choices. But to live on for the time being when you're making an important decision, that piece out money needs to be liquid and readily available, and alternative source of income is also just really helpful. Uh So this can either come from say like a rental or maybe a side hustle that you have. Um and this is definitely, uh something that's great to have

if you're younger. But not having just that massive sort of war chest, right that you saved up for this this opportunity or for whatever reason it is that you know, want to be able to take some time off. That is not the only way to be able to have that piece out money. You know, you have sort of this stack of cash, but then you can also have that sort of side source of income and that will help offset the amount of money that you need to

have set aside in order to piece out. Yeah, something else that kind of helps offset that amount of money that you need is living a frugal lifestyle. Right In a while Backmatt, in one of the in one of our episodes, we talked about how frugality gives you options, and it kind of is the same exact thing here. Just living a frugal lifestyle, less money coming out of your account every month than is coming in and buy

a wide margin, right living that frugal lifestyle. If you're spending is equivalent to your earnings, you can't save up piece out money. It's not possible. You'll be a perpetual slave to your job. So listen to episode number twenty eight for more on how frugality can give you those options. Cutting back and making sure that you're able to save more and more of your paycheck gives you that piece

out money much more quickly. And then also it means that you have a lesser lifestyle to fund while you're trying to achieve that new goal or make that life change, dude. I love that. That's awesome. Also, be brave and take those risks. There's no point and having that piece of money if you don't use it when the time comes and when you need it. You're not just saving up that money. It's to become wealthier and to fatten your

your checking account or your savings account. You're you're creating that piece of money in order to make your life better. You know, when there's opportunities, like we keep saying that come along, that is when you need to put that money into use. You have that money for opportunities. It's there to make your life better. It's not there just

to make you feel richer or to inflate your lifestyle. Yeah. Man, that makes me think too that you should start working on that piece o money fund now, even if you don't really know what your goal is, right. So I feel like too, especially if you're listening to this and you're in your early twenties and you're not sure, like, why would I started asking this fund? I don't really know what my goal is, right, I'm new to the work world and I'm kind of figuring out the ropes

right now. Well, the piece of money fund is still really important for you because in a few years you're gonna kind of start to realize what you like, what you don't like about your job, what you want out of a career, and building up that piece out money fund now gives you that ability kind of right when you start to realize it, to to make some moves.

And for someone right now who doesn't have a piece out money fund and they are stuck in a job or stuck in a living situation that they're not thrilled about, right, well, you gotta start working on it now. Uh. And there's there's no better time than the present to make a change,

to increase your savings rate and to start developing that fund. Yes, So, no matter whether you are early on in your work career and you don't have your goal yet, or you're just starting to realize that you don't really love your career and you also don't have a goal in mind, we'll start working on that piece out money fund now. And it might take some time to realize what that goal is, but start also kind of putting that time in mentally to think about what it is you really

want out of life. Yeah, man, you know, honestly, This makes me think of like the Why behind Money episode that we did, and I feel like this is one that we're gonna read is it constantly because for so many people, that's that's where they are. They might be, like you said earlier in the career and they don't know exactly why they're sort of saving up their money. They're like, well, why would I want to do that?

You know, I don't have any clear cut goals, I don't have any sort of aspirations beyond what I'm doing right now and I'm enjoying it, So why would I

want to, you know, have piece out money. Well, the fact is there will likely come a time when you're gonna want to make a change, and it's always helpful to you know, to have savings to invest, or to have margin, to be able to take time off, or to have piece out money to say all right, I'm gonna take this new opportunity giving yourself that that margin, and essentially that's kind of all piece out money is, right, Like,

you can call it different things. You can call it an emergency fund, or you can call it a cushion, but what you use it for, in my mind, that's what makes it piece out money, right, Yeah, that's the mindset behind it. Yeah, it's that next step. It's like, Okay, how am I going to get from here to there? Like how am I going to bridge that gap to do what I really want to do and what I really love? And that, to me, that's it. That's like

the essence of peace out money. I don't know why, but it's really making me think about Michael Jackson's Man in the Mirror right now, right, I'm asking her to make a change. No, maybe, m I love it, man, that's a classic Man in the Mirror. But really, we want you to do what you love and and not work for the money. And because I I it's super cliche, right, but if you love what you do, right, you don't feel like you don't work a day in your life.

And I feel like, Matt, you and I are both in this amazing position where we both really love what we do and neither of us make crap tons of money, but we just really like going to work every day. We like the people that we work with, we like the projects that we work on. Right, And that's that's man. I feel like it's really fortunate. I feel like, at least for me, you know, I had a lot of clarity for some reason, I don't know why, early on about what I wanted to do and and and that's

been great. I feel like some people don't have it until a little bit later, and that's okay. But that peace out money can allow you that that bridge right to smooth the path as you're trying to get onto the next thing that you know what, now I've had this moment of clarity. Now I realized that I want to make this change, and that piece out money just makes it easier to look at that man in the

mirror and make that change. Yeah. Yeah, and also too, I mean you said to not work for the money, but like some folks might have a great paying job and they may not think, well, I don't necessarily completely love what I do, but I like it a lot. And so I think to those people, I think there's a lot of people that might follow in that boat, right, And to those folks, I would say, like, don't work just for the money, Like there's a lot of reasons why you might have that job, but just make sure

that money isn't just the only reason. And like just saying that kind of sounds privileged to say, oh, just do you know, do what it is that you love follow the millennial dream. And I'll admit to that to a certain extent. However, anyone can have peace out money if they're not spending every single dollar that they're earning. All right, Matt. Back to the beer yeast, Atlanta Brewers are Buddies donated an fod brewin that's been chilling in John's so Aller for four years. And this was a little,

really nice little homebrew. Yeah, man, I'm with you. It's it's actually super cool, like you mentioned earlier, to have this right after we had something similar to this last week. And how would you compare it, like compare the two, because because I would say that this is crazy easy drinking, I don't know with the A B V on it, because it's just written on a bottle with like a marker that's that says he's the London Verso Bruin, which, by the way, like literally reads old brown aile. So

it's like a it's a like a flameders brown. So, you know, not unlike what we had last week, except that this one it's not aged in barrels and it's not aged on fruit, but it's still got the same flavors. It's it's got like almost a little bit of like Sayson kind of funk to it, but still really delicious. Yeah, I agree, it's it's nice. The tartness level is just barely there, which is kind of nice. Makes it really sessionable. You feel like you could drink this this beer really quickly.

But it's also really got a lot of flavor packed into it at the same time. So I really enjoyed this beer. Um, it's really good. It's kind of one of those styles that I feel like, I often like the more abrasive beers, the beers that like pack this punch, that slapping in the tongue, and this one those are like kind of prize beers where you're like, Okay, I'm

gonna plan my whole evening around this one beer. Right where this I'm like I could do I could drink this with any of Kate's cooking and it would be so good, you know, completely completely. I Yeah, I really enjoyed it, and I love kind of how it's mellowed out in the bottle over a few years hanging out in John cellar, and man, I think this is just a really fantastic beer for especially being just dudes to get together and brew on their downtime. I mean, this

is really really tasty. They definitely have learned a lot about the brewing process because this is not a weak beer by any stretch of the imagination. Yeah, man, it is strong. So John, thank you so much for donating this beer. Man, We really appreciate it. Thank you for supporting the show. All right, Joel, let's do some final thoughts. Peace out money it is having enough money to leave situations where you could technically stay, but you're gonna choose

not to. And it's as much of an attitude as it is a financial position and piece of money. It gives you just lots of different benefits and options, whether it be with work or in your personal life. So how much peace out money do you need? Well, you need to look at your goals, whether it's taking a road trip or starting a business. That specific goal is going to be the determining factor in how much peace out money you're actually gonna need to meet those living expenses,

that's right, man. And then the how to You want your piece out money to be accessible, You want it to be liquid, you don't want it to be tied up in retirement accounts. You want it in cash, and ultimately we want you to be brave take a risk right like life is not about taking the safe and simple path. Having some peace out money gives you that boldness to do something different or take your life in a radically different direction that you might have thought impossible

without that money in the bank backing you up. All right, man, I think that's it, So everyone, thank you so much for listening. Our home on the web is how to money dot com. We'll have our show notes up there for you with some helpful links. Yeah. If you like what you hear and you found this podcast to be helpful, let us know by giving us a review on Apple Podcasts or wherever you listen. We'd love to hear from you,

and be sure to subscribe WHI you're there. Until next time, man, Best friends out, Best Friends Out.