
Money Mile
83 episodes — Page 2 of 2

Ep 30Cash Flow – Olympic Level
In episode 23 we discussed cash flow at the sprint distance level of training. In that episode, you learned that you shouldn’t spend more than 30% of your income on housing and you should be saving 20% of your income each month.On this episode of Money Mile, we’re going to level up the cash flow component of your financial training plan. Listen in to learn how you can improve your cash flow with some best practices you can’t miss.You will want to hear this episode if you are interested in...Spending money monthly on a depreciating asset [1:22]Monthly cashflow hates variability [3:48]The importance of cash reserves [5:55]Homework [9:05]Resources & People MentionedEpisode 23 - Cash Flow GuardrailsEpisode 26 - Contingency Planning: The Risk Management Aspect of Your Financial Training PlanConnect With Justin Wallerhttps://WallerFC.com Waller Financial Coaching on FacebookJustin on InstagramJustin on LinkedInSubscribe to MONEY MILE

Ep 29Estate Planning - Olympic Level
James Brown passed away in 2006* with a $90 million estate yet, because it was contested, it wasn’t until 2021 that his final wishes were realized. I don’t want this to happen to you!This is why, on this episode of Money Mile, we’re diving deeper into estate planning. In episode 22 we covered estate planning at the sprint level and today we’re leveling up to explore this area in further detail at the Olympic level. Learn what you need to know to take your estate plan to the next level–press play now.You will want to hear this episode if you are interested in...Making your estate plan more official [3:42]How often to review your estate plan [4:45]How to give better direction [5:53]Efficiency vs. sufficiency [9:43]Your homework [12:24]Resources & People MentionedEpisode 22 - Estate Planning – Sprint DistanceJames Brown’s EstateCalifornia Advanced Healthcare DirectiveHow to find an advanced healthcare directive outside CaliforniaHealth IQ - Life insurance for triathletesConnect With Justin Wallerhttps://WallerFC.com Waller Financial Coaching on FacebookJustin on InstagramJustin on LinkedInSubscribe to MONEY MILEAudio Production and Show Notes by - PODCAST FAST TRACK

Ep 28A Look Behind the Curtain
Do you remember that scene in Wizard of Oz where the wizard says, “Pay no attention to the man behind the curtain?” We then learn that the all-powerful Wizard of Oz was really just a random dude with some technology.So that you don’t think I am simply a random dude with a bit of technology, today, I’ll give you a glimpse behind the Money Mile curtain. In this episode, you’ll learn about my financial independence (FI) goals and how I got here. Hopefully, this peek into a financially independent middle-class family will give you a deeper understanding of how you can achieve your own financial independence.You will want to hear this episode if you are interested in...What is really going on behind the curtain [2:02]What our financial independence looks like [4:00]Our flexible lives [7:10]How we got here [9:02]Where we go from here [11:11]The homework [12:25]Resources & People MentionedDesign Your Money Machine Connect With Justin Wallerhttps://WallerFC.com Waller Financial Coaching on FacebookJustin on InstagramJustin on LinkedInSubscribe to MONEY MILEAudio Production and Show Notes by - PODCAST FAST TRACK

Ep 27Setting Your Financial Goals
Where are you going? How are you going to know how to get there?You won’t know where you are going financially unless you have considered your goals. When you are done listening to this episode, I want you to feel confident about your financial goals.If you are new to the Money Mile podcast, welcome! This is the number one financial podcast designed for triathletes and runners. I’m here to help you increase your understanding of personal finance while improving your fitness.Press play to enjoy while you are out on your long, steady run. You will want to hear this episode if you are interested in...How we have come this far into personal finance without discussing goals [1:52]Smart goals [3:33]An example of my SMART goal [6:50]Evolution of my goals [9:28]Take action [11:33]Connect With Justin Wallerhttps://WallerFC.com Waller Financial Coaching on FacebookJustin on InstagramJustin on LinkedInSubscribe to MONEY MILEAudio Production and Show Notes by - PODCAST FAST TRACK

Ep 26Contingency Planning: The Risk Management Aspect of Your Financial Training Plan
You wouldn’t start a race without a flat repair kit for your bike. In the same vein, you’ll want to make sure that you are protected against the various risks that life involves.On this episode of Money Mile, we’ll consider risk management and how to come up with a contingency plan for the random financial issues that could arise to throw you off course. Join me for a mile-sized bit of financial education that can help you stay on track on your road to financial independence. Press play to get started.You will want to hear this episode if you are interested in...The 5 primary financial risks [4:42]The likelihood and impact of various risks [6:35]Managing primary risks [9:19]Long-term care with or without insurance [13:13]Your homework [14:25]Resources & People MentionedInvestments: The Strength Training Component of Your Financial Training Plan, Ep #25Connect With Justin Wallerhttps://WallerFC.com Waller Financial Coaching on FacebookJustin on InstagramJustin on LinkedInSubscribe to MONEY MILEAudio Production and Show Notes by - PODCAST FAST TRACK

Ep 25Investments: The Strength Training Component of Financial Training Plan
Thinking about investments can feel daunting in the same way that strength training can. When you finish listening to this episode you’ll feel empowered to think about investments as a way to help you build wealth. In the same way that strength training will help you get faster, your investments will help you race toward financial independence. Listen in to hear how you can use investments to improve your financial strength. You will want to hear this episode if you are interested in...How investments are like interval training [2:42]How stocks work [4:32]How bonds work [8:43]Cash allows for flexibility [9:31]Crypto and real estate [10:40]The homework [11:58]Resources & People MentionedEpisode 7 - A Triathlete’s View of InvestingConnect With Justin Wallerhttps://WallerFC.com Waller Financial Coaching on FacebookJustin on InstagramJustin on LinkedInSubscribe to MONEY MILEAudio Production and Show Notes by - PODCAST FAST TRACK

Ep 24Improving your Efficiency with Income Tax Planning
Benjamin Franklin once said that the only things that are certain in life are death and taxes. Since we already discussed estate planning that means it’s time to cover taxes. Taxes fall into the efficiency and technique equivalent in our financial training plan. This is why today you’re going to learn how to improve your efficiency so that you can pay less taxes over the course of your lifetime. After you finish listening, instead of dreading the thought of income taxes, you’ll feel empowered.Come spend a mile with me and increase your financial confidence while you are increasing your fitness. You will want to hear this episode if you are interested in...Being efficient in tax planning [3:12]Capital gains [4:45]An example [6:13]How taxes are like efficiency training [9:03]Paying fewer taxes over your lifetime [11:22]Your homework [14:10]Resources & People MentionedEpisode 23 - Cash Flow GuardrailsTax Informational WorksheetConnect With Justin Wallerhttps://WallerFC.com Waller Financial Coaching on FacebookJustin on InstagramJustin on LinkedInSubscribe to MONEY MILEAudio Production and Show Notes by - PODCAST FAST TRACK

Ep 23Cash Flow Guardrails
Do you feel like money just slips through your fingers when you get it? Learning to manage your cash flow is an essential part of your financial training. Without this key component, it will take you even longer to reach financial independence.Cash flow is the equivalent of nutrition and hydration in your financial training plan. Today, you’ll learn how to handle your cash flow at the sprint level. At the end of this episode, you’ll feel empowered to manage your cash flow and direct your resources in ways that are important to you. Listen in to learn how to manage your cash flow while accumulating your resources to achieve financial independence. You will want to hear this episode if you are interested in...How cash flow is similar to nutrition [3:12]Why you don’t want to be fiercely frugal or frightfully frivolous [6:20]How to start saving now [7:15]Savings ratios [10:50]The homework [15:10]Resources & People MentionedEpisode 9 - The First Foundation of Financial FitnessEpisode 10 - The Second Foundation of Financial FitnessEpisode 18 - Leveling Up Your Spending PlanCrushing Iron Podcast episode 661BOOK - I Will Teach You to Be Rich by Ramit SethiConnect With Justin Wallerhttps://WallerFC.com Waller Financial Coaching on FacebookJustin on InstagramJustin on LinkedInSubscribe to MONEY MILEAudio Production and Show Notes by - PODCAST FAST TRACK

Ep 22Estate Planning - Your Base Training Equivalent of Financial Training.
Estate planning is most people’s least favorite financial topic, so why would I consider it the equivalent of a sprint distance triathlon? That’s because this is the only area of financial planning that applies to everyone. That’s right, estate planning is for everyone–not just the rich and famous.If you don’t have an estate plan in place – make sure that you listen in and do the homework! This episode will teach you exactly how important it is to have an estate plan.You will want to hear this episode if you are interested in...Why everyone should have an estate plan [2:02]What an estate plan is [6:00]What an executor is and why you need one [8:02]Your homework [9:12]Connect With Justin Wallerhttps://WallerFC.com Waller Financial Coaching on FacebookJustin on InstagramJustin on LinkedInSubscribe to MONEY MILEAudio Production and Show Notes by - PODCAST FAST TRACK

Ep 21Building Your Financial Training Plan
Are you looking for financial education in mile-sized bits? If so, then Money Mile might be just right for you. Money MIle is the best financial education podcast designed for triathletes and runners–never mind that it’s the only financial education podcast designed for triathletes and runners!Our goal is to help busy, active athletes who are working toward a phased financial independence. On this episode of Money Mile, we’ll walk through the basics of a well-built financial training plan by comparing it to a comprehensive athletic training plan. Come share a mile with us so that you can live a better life.You will want to hear this episode if you are interested in...Key aspects to your training plan [3:42]The financial analogies [8:10]What to expect from the next few episodes [12:02]The homework [14:01]Resources & People MentionedEpisode 20 - What is a Financial Planner and Do I Need One?Connect With Justin Wallerhttps://WallerFC.com Waller Financial Coaching on FacebookJustin on InstagramJustin on LinkedInSubscribe to MONEY MILEAudio Production and Show Notes by - PODCAST FAST TRACK

Ep 20What Is a Financial Planner and Do I Need One?
One of the most frequent questions I get is what does a financial planner actually do? The next most common question is do I need one?On this episode of Money Mile, we’ll explore both of these questions in greater detail. You’ll learn the different types of titles that financial professionals might have, the roles they play, the certifications they might possess, and the way financial professionals are compensated. If you have been wondering what kind of financial planner you need (or if you need one) you won’t want to miss this episode of Money Mile.You will want to hear this episode if you are interested in...What a financial planner is [1:52]The certifications financial planners might have [4:12]What kind of regulatory oversight planners face [5:33]The ways financial planners are compensated [6:12]The F word of finance [8:42]If you need a financial professional [9:55]The homework [14:11]Resources & People MentionedNestor Vargas on Instagram @LatinoMoneyManGreen Cards to Greenbacks podcastXY Planning NetworkNAPFAConnect With Justin Wallerhttps://WallerFC.com Waller Financial Coaching on FacebookJustin on InstagramJustin on LinkedInSubscribe to MONEY MILEAudio Production and Show Notes by - PODCAST FAST TRACK

Ep 19The Tax Control Triangle
One of the largest lifetime expenses that many Americans face is taxes. Since we all have to pay taxes on our income and we (ideally) earn an income or profit from our investments, we have to pay taxes on our investments as well. This is why it is important to consider the types of investment accounts you hold. If you are interested in minimizing your lifetime tax bill then you will want to carefully examine which type of accounts your investments are in. Listen in to hear the tax structure of each type of investment account so that you can make an informed decision about where to invest your money. You will want to hear this episode if you are interested in...Three ways investments can be taxed [1:22]The third type of investment account [4:20]Which account is right for you [6:30]Your homework [8:46]Resources & People MentionedEpisode 18Connect With Justin Wallerhttps://WallerFC.com Waller Financial Coaching on FacebookJustin on InstagramJustin on LinkedInSubscribe to MONEY MILEAudio Production and Show Notes by - PODCAST FAST TRACK

Ep 18Leveling Up Your Spending Plan
Do you have a spending plan? Or do you just wing it and hope for the best?If you remember episode nine, The First Foundation of Financial Fitness, you’ll remember that you should spend less than you make. Hopefully, you are already doing that. Today’s episode takes that foundation up a notch to help you keep track of where your money is going. In this episode, you’ll learn three types of spending plan structures, reporting mechanisms, and common challenges with spending plans. Let’s take a deeper dive into spending plan design so that you can determine which type of plan best fits your lifestyle so that you can reach financial independence sooner. You will want to hear this episode if you are interested in...Have as much structure as you need and as little as you can get away with [1:12]Spending plan level 1 [1:52]Level 2 [2:51]Level 3 [4:25]The reporting mechanism [6:01]Your homework [8:50]Resources & People MentionedEpisode 9 - The First Foundation of Financial FitnessSample spending plan and flow chartConnect With Justin Wallerhttps://WallerFC.com Waller Financial Coaching on FacebookJustin on InstagramJustin on LinkedInSubscribe to MONEY MILEAudio Production and Show Notes by - PODCAST FAST TRACK

Ep 17The Best Unconventional Investments You Can Make
We’re all looking for the best investments that we can make. While I can’t tell you what the next hot stock will be, I can give you some unconventional investment ideas that you may not have thought of before. Since I don’t know you from a hot rock, I can’t give you specific investment advice. I simply want to give you a few ideas and strategies to consider. In this episode of Money Mile, I’ll break up my suggestions into age categories with a universally sound idea at the end. Come share a mile with me, and listen in to discover a few unconventional investments to help you live a better life and take one step closer to financial independence. You will want to hear this episode if you are interested in...The best investment for those under 35 [2:12]The best investment for those between 35-60 [4:40]The best investment for those who are 60+ [6:38]The best universal investment [9:20]Your homework [10:16]Resources & People MentionedAverage Cost of a Master's DegreeXY Planning NetworkNAPFAGarrett Planning NetworkConnect With Justin Wallerhttps://WallerFC.com Waller Financial Coaching on FacebookJustin on InstagramJustin on LinkedInSubscribe to MONEY MILEAudio Production and Show Notes by - PODCAST FAST TRACK

Ep 165 Ways to Maximize Your Pension
Not everyone has a pension plan, but if you do it could be a tremendous boon to your plans for financial independence. A pension plan seems cut and dry, but in this episode of Money Mile, you’ll hear five ways that you could optimize your pension so that you can maximize your benefits. Let’s share a mile together so that you can learn how to maximize your pension and maximize your plans for financial independence.You will want to hear this episode if you are interested in...How pension benefits are calculated [1:22]How you can improve your pension benefit [3:27]How Social Security fits into your plans for financial independence [5:30]An example of how Harry and Jenny can maximize their pension [7:46]Your homework [12:21]Resources & People MentionedEpisode 15 - 6 Pro Tips for College PlanningConnect With Justin Wallerhttps://WallerFC.com Waller Financial Coaching on FacebookJustin on InstagramJustin on LinkedInSubscribe to MONEY MILEAudio Production and Show Notes by - PODCAST FAST TRACK

Ep 156 Pro Tips for College Planning
In the last episode of Money Mile, you met Harry and Jenny–two hard-working triathletes working toward living a good life both now and in the future. Now that Harry and Jenny have built their money machine, they are ready to start planning for their kids’ college education. Today you’ll learn 6 tips that can help ensure that you get your kids off to the best start in life by helping them afford their college education. College is notoriously expensive, but using these tips can ensure that you and your kids will be ready when the time comes. You will want to hear this episode if you are interested in...Pro tip #1 [1:22]Pro tip #2 [2:55]Pro tip #3 [4:29]Pro tip #4 [5:51]Pro tip #5 [8:10]Pro tip #6 [9:06] Your homework [9:37]Resources & People MentionedEpisode 14 - The Tale of Two TriathletesEpisode 13 - The Fifth Foundation of Financial FitnessConnect With Justin Wallerhttps://WallerFC.com Waller Financial Coaching on FacebookJustin on InstagramJustin on LinkedInSubscribe to MONEY MILEAudio Production and Show Notes by - PODCAST FAST TRACK

Ep 14The Tale of Two Triathletes
Even though money doesn’t grow on trees, there is a way to build your own money machine. Unfortunately, this money machine won’t look like your own personal ATM that you keep in your basement. However, it will help you achieve financial independence. In this episode of Money Mile, you’ll learn how to build your own money machine with the story of two triathletes. You will want to hear this episode if you are interested in...Harry and Ginny’s story [1:22]Design your own money machine [2:45]How triathletes naturally know about diversification [5:12]The keys to balance [7:06]The homework [8:44]Resources & People MentionedEpisode 8 - The Five Foundations of Financial FitnessConnect With Justin Wallerhttps://WallerFC.com Waller Financial Coaching on FacebookJustin on InstagramJustin on LinkedInSubscribe to MONEY MILEAudio Production and Show Notes by - PODCAST FAST TRACK

Ep 13The Fifth Foundation of Financial Fitness
Debt can be a powerful tool, but it can also create a terrible financial situation that can ruin your chances for financial independence. On this episode of Money Mile, you’ll learn the 5th and final foundation of financial fitness: use debt wisely. I’ll help you understand the types of debt, my golden rules for debt, tips for utilizing student debt, and the one type of student loan that you should avoid at all costs. Press play to ensure that you won’t make a regrettable decision about education funding that could ruin your plans for financial independence.You will want to hear this episode if you are interested in...Individuals need to be careful about debt [1:22]Golden rules of debt [1:55]The ups and downs of student debt [5:12]The 5 foundations of financial fitness [9:48]The homework [10:44]Resources & People MentionedThe First Foundation of Financial FitnessConnect With Justin Wallerhttps://WallerFC.com Waller Financial Coaching on FacebookJustin on InstagramJustin on LinkedInSubscribe to MONEY MILEAudio Production and Show Notes by - PODCAST FAST TRACK

Ep 12The Fourth Foundation of Financial Fitness
Over the past few episodes, we have been working through the 5 foundations of financial fitness. Today, we’ll delve into the fourth foundation. The fourth foundation of financial fitness is to protect what you can’t afford to lose.Since life is full of ups and downs, it is important to plan ahead to be ready in case things don’t go your way. Listen in to hear the 6 things that you should consider protecting.You will want to hear this episode if you are interested in...Examples of things that you should consider protecting [1:42]Property insurance will help you protect your stuff [4:24]Protecting your income with disability insurance [5:32]Homework [9:30] Resources & People MentionedEpisode 8 - The 5 Foundations of Financial FitnessConnect With Justin Wallerhttps://WallerFC.com Waller Financial Coaching on FacebookJustin on InstagramJustin on LinkedInSubscribe to MONEY MILEAudio Production and Show Notes by - PODCAST FAST TRACK

An Iron Man Volunteer’s Perspective
bonusHave you ever been a race day volunteer? Volunteering at a race is a way to gain perspective on what it means to race. On this special episode of Money Mile, I share my experience as a bike aid station volunteer at the 2022 California Iron Man. Listen in to hear what you can learn not just from the Iron Man champions, but from all those that choose to sacrifice their time and energy for the sake of becoming an Iron Man. You will want to hear this episode if you are interested in...The 2022 Iron Man California race course [1:22]Individual stories from the California Iron Man race [2:35]Doing hard things [4:03]What might be possible for you [6:32]Connect With Justin Wallerhttps://WallerFC.com Waller Financial Coaching on FacebookJustin on InstagramJustin on LinkedInSubscribe to MONEY MILEAudio Production and Show Notes by - PODCAST FAST TRACK

Ep 11The Third Foundation of Financial Fitness
There are thousands of ways that you can build wealth, but if you don’t have a plan that you can implement, then you’ll never reach your financial goals. Building wealth is the third foundation of financial fitness that we are discussing in this episode of Money Mile. How did your homework go from episode 10? Did you discover one smart thing to do with your money and implement it? Tell me about your journey to financial independence and let me know how your homework assignments are going. Email me at [email protected] will want to hear this episode if you are interested in...Starting small [1:12]Saving automatically [2:23]Saving with purpose [7:38]The homework [10:41]Resources & People MentionedEpisode 10 - The Second Foundation of Financial FitnessEpisode 7 – A Triathlete’s View of InvestingNAPFAXY Planning NetworkConnect With Justin Wallerhttps://WallerFC.com Waller Financial Coaching on FacebookJustin on InstagramJustin on LinkedInSubscribe to MONEY MILEAudio Production and Show Notes by - PODCAST FAST TRACK

Ep 10The Second Foundation of Financial Fitness
ou already know that you need to spend less than you earn, but what should you do with the difference? Something smart! Doing something smart with the difference is the second foundation of financial fitness. In this episode of Money Mile, you’ll learn about some intelligent and not-so-intelligent things that you can do with the money that you have left over at the end of the month. There are myriad ways that you can use your money, so listen in to think about the best option for you and your financial situation. If you are looking forward to an active and phased financial independence, you’ll want to press play to make sure that you are armed with the knowledge that will help you use your money wisely. You will want to hear this episode if you are interested in...Doing something smart with the difference [1:22]Intelligent options [2:44]Less intelligent ideas [5:32]An additional thought [6:35]The homework [9:07] Resources & People MentionedEpisode 7 - A Triathlete’s View of InvestingEpisode 8 - 5 Foundations of Financial FitnessEpisode 9 - The First Foundation of Financial FitnessConnect With Justin Wallerhttps://WallerFC.com Waller Financial Coaching on FacebookJustin on InstagramJustin on LinkedInSubscribe to MONEY MILEAudio Production and Show Notes by - PODCAST FAST TRACK

Ep 9The First Foundation of Financial Fitness
Now that you know the basic foundations of financial fitness, we’ll be taking a deep dive into each of them one at a time. Today we are covering the first foundation: spend less than what you earn.In this episode, we’ll explore what this means and how you can make this seemingly simple foundation of finance work by using a spending plan. You’ll learn 10 tips to help you design your spending plan, and as with each episode, you’ll have homework to implement what you have learned. Are ready to share a mile with me so that you can improve your financial outlook and take one step closer to financial independence? Press play to get started.You will want to hear this episode if you are interested in...Spend less than what you earn [1:02]10 tips for designing your spending [1:54]Your homework [11:14]Resources & People MentionedEpisode 8 - 5 Foundations of Financial FitnessConnect With Justin Wallerhttps://WallerFC.com Waller Financial Coaching on FacebookJustin on InstagramJustin on LinkedInSubscribe to MONEY MILEAudio Production and Show Notes by - PODCAST FAST TRACK

Ep 85 Foundations of Financial Fitness
Welcome back to Money Mile, the podcast for active people looking forward to an active, phased financial independence. Together we’ll share a mile so that you can learn how to build a better life. In today’s episode, you’ll hear the 5 foundations of financial fitness that we’ll be exploring in depth over the next several episodes. Make sure to stick around until the end to hear your homework! You will want to hear this episode if you are interested in... The 5 foundations of financial fitness [0:52]Your homework [3:04] Connect With Justin Waller https://WallerFC.com Waller Financial Coaching on FacebookJustin on InstagramJustin on LinkedInSubscribe to MONEY MILE Audio Production and Show Notes by - PODCAST FAST TRACK

Ep 7A Triathlete's View of Investing
Welcome back to Money Mile, the podcast where we share a mile to help you live a better life! In the last few episodes, we discussed the unique financial challenges that endurance athletes face. This episode translates a financial concept into terms that a triathlete will easily understand. If you aren’t a triathlete, please continue to listen and let me know what you think! I’d love to know how you did with your homework from the previous episodes, let me know how you are doing on your financial journey by emailing me at [email protected]. You will want to hear this episode if you are interested in... How triathlon training is similar to diversification[2:22] How bonds are similar to the run portion of a triathlon [5:35] Why completing the homework is important [7:03] Resources & People Mentioned NAPFA XY Planning Network Fee Only Network Connect With Justin Waller https://WallerFC.com Waller Financial Coaching on Facebook Justin on Instagram Justin on LinkedIn Subscribe to MONEY MILE Audio Production and Show Notes by - PODCAST FAST TRACK

Ep 6Top Financial Challenges of Active People, Part 3
Welcome back to the third and last episode in this three-part series detailing the top financial challenges of active people. If you haven’t listened to the first two you can start here. Triathletes and distance runners have a unique set of financial challenges and we continue to work through them in this episode. Make sure to listen all the way through so that you can take action with today’s homework plan. How are you doing with the homework? Have you thought about how race fees impact your spending plan or contemplated how endurance athletics fit into your long-term financial planning? I’d love to hear how it’s going. Shoot me an email and let me know how it goes!

Ep 5Top Financial Challenges of Active People, Part 2
Welcome back to Money Mile. This is part 2 of a two-part series on the Top Financial Challenges of Active People. If you missed part 1 you could check it out here. How did your homework from last time go? Email me to let me know! This episode will discuss challenges like race fees, life insurance, and non-racing partners. Listen in to hear the top financial challenges of active people. Connect With Justin Waller https://WallerFC.com Waller Financial Coaching on Facebook Justin on Instagram Justin on LinkedIn Subscribe to MONEY MILE Audio Production and Show Notes by - PODCAST FAST TRACK

Ep 4Top Financial Challenges of Active People, Part 1
Endurance athletes live exceptional lives. This means that their financial planning needs to be a bit different than their non-athletic friends. In this episode of Money Mile, you’ll learn the key differences endurance athletes need to consider in their financial planning. Since the vast majority of triathletes and distance runners pay out of pocket for the opportunity to push themselves to new limits, it is important to be aware of the financial impacts of these decisions over time. The more you learn, the more you can make knowledgeable decisions. Come share a mile with me to learn how to improve your finances and live a better life. You will want to hear this episode if you are interested in... Financial independence for endurance athletes [1:22] Cash reserves for endurance athletes [5:02] How cash flow is different for endurance athletes [6:55] Gear [8:02] Resources & People Mentioned USNews article on retirement age World Bank economic data Exercise longevity study Endurance athletes and delayed cognitive decline Foundations for Financial Independence for Triathletes Replace your helmet every 5-10 years Connect With Justin Waller https://WallerFC.com Waller Financial Coaching on Facebook Justin on Instagram Justin on LinkedIn Subscribe to MONEY MILE Audio Production and Show Notes by - PODCAST FAST TRACK

Ep 37 thoughts on Decision Making Systems
You share a mile with us on your long steady run and we work to help you live a better life. 1 What you "do" is more important than what you know. 2 The best strategy is one you will implement. There are 1000's of things you can do. What will you do? 3 Focus on the things you can control - 80%, Influence, 19%, No Control and Influence Efficient. Saving 3 basis points trying to find the best counter cyclical 2x consumer durable ETF Spending a lot of time and money on being more aerodynamic on the bike, but not actually riding it.

Ep 2What Are We Doing Here?
Money Mile is designed to help active professionals work toward an active and phased financial independence while ultimately leaving a meaningful legacy. Does that sound like you? I encourage you to have a listen to discover if the Money Mile podcast is right for you. After you’re done listening, make sure to scroll down to the end of the show notes for your free Future Vision template. You will want to hear this episode if you are interested in... A proactive retirement [0:32] Living an active lifestyle [2:21] A phased retirement [4:20] Leaving a meaningful legacy [6:23] Resources & People Mentioned Fortune Article - Should You Leave It All to the Children? Future Vision template Connect With Justin Waller https://WallerFC.com Waller Financial Coaching on Facebook Justin on Instagram Justin on LinkedIn Subscribe to MONEY MILE Audio Production and Show Notes by - PODCAST FAST TRACK

Ep 1Who Is Driving This Flying Umbrella?
Welcome to the inaugural episode of Money Mile! I am your host, Justin Waller. Since you decided to invest a bit of your time with me, I would like you to know who you are listening to. Press play to hear a bit of my backstory as you come along for the ride on this flying umbrella! You will want to hear this episode if you are interested in... How I got started [0:42] The physical side of the podcast [2:45] My core values [5:11] Connect With Justin Waller https://WallerFC.com Waller Financial Coaching on Facebook Justin on Instagram Justin on LinkedIn Subscribe to MONEY MILE Audio Production and Show Notes by - PODCAST FAST TRACK

Warm-Up Lap
Are you looking to improve your financial outlook one mile at a time? If so, you’re in the right place. Money Mile is created for people who are interested in improving their long-term wealth-building strategies so that they can live their best lives. I’m Justin Waller, your personal financial educator and the host of the Money Mile podcast. Welcome to the Warm-Up Lap! You will want to hear this episode if you are interested in... Who this podcast is created for [0:22] What to expect from the first few episodes [2:04] Connect With Justin Waller https://WallerFC.com Waller Financial Coaching on Facebook Justin on Instagram Justin on LinkedIn Subscribe to MONEY MILE Audio Production and Show Notes by - PODCAST FAST TRACK

Welcome to the Money Mile Podcast
Thanks for checking out Money Mile. We help active people looking forward to an active financial independence, a phased retirement, and eventually leaving a meaningful legacy. Here, you get to listen to personal financial education from an expert that has been guiding people to their financial independence for over 20 years. This is not your typical financial podcast. Our content is delivered in 8 to 10 minute segments that will ideally align with one mile of your long steady run each week. This could also work as part of a warm up or cool down for other workouts, but we'll leave that up to you. Most of the episodes will have a follow-up action for you to take. Each conversation is designed to help you understand how to move your financial situation forward. After all, it's not what you know that counts - it's what you do. We recommend starting with the Warm-Up Lap episode so you have a better understanding of what you're getting yourself into and the best way to get the most out of the resources we make available here. Thanks again for listening. And we'll look forward to talking with you again on the Money Mile.