50% to 10%: Why We're Happy Saving Less + Boring Investing Made Us Millionaires [w/ Mandy & Sean Senske]

Marriage Kids and Money: Personal Finance for Families

Andy Hill

Investing, Business, Kids & Family, Parenting

4.9 • 604 Ratings

🗓️ 18 October 2021

⏱️ 38 minutes

🔗️ Recording | iTunes | RSS

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Summary

Our savings rate has dropped from 50% to 10% over the past couple of years ... does that mean we're abandoning the FIRE Movement? I discuss this question after responding to a listener who feels our decreased savings feels like a departure from our financial goals in years past. Also, we hear from Mandy and Sean Senske about how they became millionaires in their 30's through "boring investing". RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Firstly: Smart budgeting tools and real-life advice to get you on the path to family financial wellness. Learn more today! FamZoo: Prepaid cards and financial education for kids, all in one award-winning app. Use the promo code MKMFAMZOO at check out for an extra month. Die With Zero (Book) Sean Senske (Website) Mandy Senske (Website) MKM RESOURCES MKM Coaching: Request a free 15-minute consultation today YouTube: Subscribe for free to watch videos of these episodes and interviews Instagram: Follow our IG channel Voicemail: Leave your question or comments here Merch Store: Check out our t-shirts, hoodies, and coffee mugs! DISCLAIMER This show may contain affiliate links or links from our advertisers where we earn a commission, direct payment or products. Opinions are the creators alone. Information shared on this podcast is for entertainment purposes only and should not be considered as professional advice. Marriage Kids and Money (www.marriagekidsandmoney.com) is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to amazon.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	The Monopoly game at McDonald's is back. There's over two million pounds worth of cash prizes to be won.
0:06.5	And a chance to get your hands on some epic prizes. Go on. It's your go.
0:13.1	18 plus UK ends 21st of October. Selected menu items. At may be required. May depend on winning moment.
0:18.4	See macdre rules.co.uk.uk.Uls.com. UK.
0:28.7	An important part of the story to see, not just the hustling, grind and save and sweating and side hustling.
0:29.7	You got to have the peace, relaxation, time with family, more vacations, part-time working, more
0:36.5	hobby finding, reconnecting with friends and family
0:40.0	portion of it, too, don't you?
0:47.6	This show is dedicated to helping you.
0:50.2	Strengthen your family tree and live financially free.
0:53.2	Welcome to the Marriage Kids and Money podcast, everybody. This is Andy Hill, and today financially free welcome to the marriage kids and money podcast everybody
0:55.1	this is andy hill and today we're going to do two things first we're going to respond to a comment on
1:02.0	social media about us pumping the brakes on our high savings rate and second we've got a net worth win in
1:09.8	our community from mandy and sean Sensky from North Dakota.
1:14.6	This 30-something couple recently hit millionaire status and they are going to share how they did it.
1:21.4	All right, let's jump into today's show.
1:25.7	Recently, I received a comment on my Facebook page from Justin, and here it is.
1:32.5	It's been extremely difficult to listen to the podcast the last few months with Andy's
1:37.1	dramatic shift away from fire and saving a large amount of money.
1:42.0	I think the issue I'm having is you are basically there now
1:45.8	with you doing only your podcast and you guys being millionaires now, but now you don't push
1:51.4	saving large amounts of money as much, even though you guys did it and actually enjoy it.
	...

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