Welcome to the Bigger Puckets Money Podcast, show number 226, Finance Friday edition,

where we interview Phil and talk about optimizing your investments.

That makes sense. So basically, focus on learning one segment of investing and get good at that

is what I'm hearing is probably the key at this point to really optimize and accelerate this growth from here.

Hello, hello, hello, my name is Mindy Jensen and with me as always is my investment optimizing cohost,

Scott Trench. That intro is whack, Mindy. Wack.

What does whack mean? We did average cost of capital. Right? You got to get the higher, you have to invest

when optimized to meet that high threshold. WACC, whack. I knew it was something, but wow, you're

a nerd. Okay, Scott and I are here to make financial independence less scary, less just for somebody else

to introduce you to every money story because we truly believe that financial freedom is attainable

for everyone, no matter where or when you're starting. That's right, whether you want to retire early

and travel the world, going to make big-time investments in assets like real estate, start your own

business or simply pop out and think about a long-term investing approach. We'll help you reach

your financial goals and get money out of the way so you can launch yourself towards those dreams.

Scott, I am excited to bring in Phil today. Phil has a great income. His wife is self-employed,

so she has a little bit of flexible income, not necessarily always guaranteed income.

And he's wondering how he can optimize his journey to financial independence. And towards the

end of the show, I think we make a really interesting comment about the psychology of your

relationship with money, which is kind of the whole reason we do this show in the first place.

You know, the relationship that you had with money, your experience with money when you're growing

up really has an effect on your relationship with money as an adult. And being in debt can have

kind of a negative impact on your mental space with regards to money. And I think in Phil's case,

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