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Simple Money, Simple Life

Simple Money, Simple Life

By Matt Erickson

This is a podcast dedicated to exploring how simplicity beats complexity, especially in money matters. We explore how to save and invest as well as how living a simple life is a joyful life.
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97. 13 Tips to Decluttering

Simple Money, Simple LifeMar 18, 2023

00:00
14:34
99. Destination Happiness

99. Destination Happiness

Have you heard of the fading affect bias? Today I share how this applies to happiness and share a few core principles to bring more happiness and fulfillment into your life.
May 29, 202316:35
98. Minimalism and Travel

98. Minimalism and Travel

Does traveling stress you out? In this episode I share some cool tips to make your next travel adventure epic and less stressful.
Apr 26, 202321:03
97. 13 Tips to Decluttering

97. 13 Tips to Decluttering

Here is a simple guide to get started on your decluttering and minimizing journey.
Mar 18, 202314:34
96. Where to Put Cash and Top Regrets

96. Where to Put Cash and Top Regrets

Many are wondering where to stash cash these days. I explore some great options in this episode. I also spend time talking about the most common financial and life regrets and what we can do to prevent having these regrets.
Mar 11, 202324:09
95. How to Complain Less
Mar 04, 202314:24
94. Don’t “Just” Your Life

94. Don’t “Just” Your Life

Today I discuss what this statement really means as well as share information about finding satisfaction in life. I also share an experience of how we saved $1,000.
Feb 18, 202311:07
93. Budgeting Like a Boss

93. Budgeting Like a Boss

Today I share about my trip to Kauai. I also share differences between the zero based budget and the anti-budget. I also share some tips on getting out of debt.
Jan 28, 202325:44
92. The Paradox of Wealth

92. The Paradox of Wealth

In today’s episode I explore the paradox of wealth. I also have 12 ideas to consider regarding your investment strategy as we close out 2022.
Dec 29, 202218:46
91. The Colombia Experiment

91. The Colombia Experiment

Today I share some things to consider at the end of the year including tips on Roth IRA’s and index funds. I also recap a recent trip to Colombia.
Dec 18, 202220:14
90. Live Now or Save For Tomorrow?

90. Live Now or Save For Tomorrow?

In today’s episode I share some experiences about living now versus saving for later. I also share some ideas from a book I’m reading called Die With Zero by Bill Perkins.
Nov 05, 202220:30
89. How to Apply Lagom to Your Life
Oct 24, 202215:18
88. Why Minimalism Might Be For You

88. Why Minimalism Might Be For You

Today I discuss things to consider when deciding if minimalism might be for you as well as 14 practical tips to get started.
Oct 08, 202224:19
87. Does Complexity Give Us More Control?

87. Does Complexity Give Us More Control?

Today I share some reasons to consider simplicity over complexity.
Sep 25, 202217:34
86. The Power of Micro Decisions

86. The Power of Micro Decisions

In today’s episode I share how very small decisions can mean everything and I give some practical examples of micro decisions you can apply today.
Sep 13, 202216:24
85. Look Before You Leap

85. Look Before You Leap

85. Today I discuss the importance of measuring twice and cutting once. I also discuss the importance of reinvesting dividends and how to make sure you’re doing that.
Aug 28, 202214:52
84. 5 Mistakes Most Investors Make

84. 5 Mistakes Most Investors Make

Today I discuss 5 mistakes most investors make and how to prevent them.
Aug 20, 202215:55
83. The Digital Minimalist

83. The Digital Minimalist

Today I talk about ideas to consider and whether or not digital minimalism might be for you.
Aug 15, 202221:21
82. 20 Tips to Simplicity

82. 20 Tips to Simplicity

Today I share 20 tips to consider that will help you live a simpler, more fulfilling life.
Jul 20, 202224:11
81. Sales! What a joke…

81. Sales! What a joke…

Today I share my beef with sales and what to watch out for.
Jul 02, 202217:16
80. Robo Advisors

80. Robo Advisors

Today I explain what Robo Advisors are and if one might be right for you.
Jun 24, 202217:54
79. The Psychology of Money

79. The Psychology of Money

In todays podcast I walk you through some great takeaways from a great book by Morgan Housel titled The Psychology of Money
Jun 10, 202216:52
78. Simplicity is the Ultimate Sophistication

78. Simplicity is the Ultimate Sophistication

Today I share some of my favorite quotes as well as talk about the Arrival Fallacy.
May 30, 202218:17
77. Declutter Yourself

77. Declutter Yourself

Today I share several tips to Declutter effectively. I share an article from a blog on not following the crowd. Next I share an email from a listener and talk about current market conditions. Lastly I share thoughts on a letter I received from an “investment advisor.” I share some thoughts on what to watch out for.
May 21, 202226:26
76. The Benefits of Giving
May 07, 202221:01
75. California Dreamin’

75. California Dreamin’

Today I share my experiences from my trip to California and Disneyland. I also share thoughts on investing in a volatile market. Lastly I talk about how too much of a good thing can be a bad thing.
Apr 23, 202222:59
74. You Don’t Need to be Extraordinary to be Happy

74. You Don’t Need to be Extraordinary to be Happy

Today I review an article written by Tavian Jean Pierre (tavianjp.medium,com). I discuss how living an ordinary life can be a very happy life.
Apr 01, 202211:24
73. Happiness With Less

73. Happiness With Less

Today I share a book suggestion, Happy Money, and discuss some really cool concepts from the book.
Mar 25, 202211:36
72. How to Never Get Scammed

72. How to Never Get Scammed

Today I discuss what scams Do you watch for and how to avoid them.
Mar 18, 202215:53
71. Are You Falling Prey to Status Symbols?

71. Are You Falling Prey to Status Symbols?

Today we dive into what status symbols are and explore if we might be falling prey to them.
Mar 11, 202211:02
70. Timing the Market vs Time in the Market

70. Timing the Market vs Time in the Market

Today we discuss why time in the market is far superior to timing the market.
Mar 04, 202214:00
69. The Satisfaction Formula

69. The Satisfaction Formula

Today we discuss what truly brings satisfaction as well as answering a listener question on international index funds offered through Fidelity.
Feb 26, 202214:36
68. Am I Frugal or Am I Cheap?
Feb 19, 202219:20
67. Should I Invest in International Funds?

67. Should I Invest in International Funds?

Today we dive into the benefits of international investing.
Feb 14, 202219:07
66. The Simple Yet Elegant Total Market Index Fund

66. The Simple Yet Elegant Total Market Index Fund

In today’s episode we dive into the nitty gritty of the total market index fund.
Jan 28, 202222:59
65. Maximize Well Being While Minimizing Consumption

65. Maximize Well Being While Minimizing Consumption

Today we explore one of my favorite life mantras.
Jan 07, 202219:27
64. The Power of Gratitude

64. The Power of Gratitude

Merry Christmas all! 🎄In today’s episode we explore the amazing benefits gratitude can bring to our lives and how that applies to investing.
Dec 25, 202116:04
63. The Endowment Effect

63. The Endowment Effect

In today’s episode I educate on The Endowment Effect. Much of the information comes from Louis Chew’s blog, Constant Renewal.
Dec 10, 202115:23
62. The Power of a Morning Routine

62. The Power of a Morning Routine

In this episode we explore how a morning routine can dramatically improve your life. ‘Goodbye Things’ by Fumio Sasaki
Nov 25, 202114:01
61. Why There’s No Better Time to Invest

61. Why There’s No Better Time to Invest

In today’s episode I talk about why now is the best time in the history of the world to invest. I also answer a listener question.
Nov 19, 202123:10
60. A Deeper Dive

60. A Deeper Dive

I’m today’s episode I take a deeper dive into investing concepts including the 72T rule, the rule of 55, Roth conversions, back door Roth’s and Donor Advised funds. If this is all a bunch of mumbo jumbo to you give the episode a listen and learn something new!
Nov 05, 202121:12
59. 12 Reasons Why Minimalistic Living Might Be For You

59. 12 Reasons Why Minimalistic Living Might Be For You

In today’s episode I dive into some fun ideas about how minimalism might be for you and how it’s ok to pick and choose portions that resonate with you.
Oct 29, 202115:56
58. The Great Resignation

58. The Great Resignation

In this episode I discuss what the Great Resignation is and factors that are contributing to it. I also share some personal news about my own resignation.
Oct 23, 202113:39
57. Are You Living Beyond Your Means?

57. Are You Living Beyond Your Means?

In today’s episode we go through a fun checklist to see if you’re living within or beyond your means.
Oct 15, 202118:18
56. Should I Play it Safe?

56. Should I Play it Safe?

In today’s episode I dive into how to know if we are playing it too safe in life and in investing.
Oct 01, 202115:60
55. Bringing Calm to Your Life

55. Bringing Calm to Your Life

In today’s episode I discuss a listener question about 401k’s, reflect on my trip to Alaska and discuss ways to bring calm to our lives.
Sep 24, 202123:60
54. Inflation-Proof Your Life

54. Inflation-Proof Your Life

In this episode I tackle a listener question and then dive into different strategies we can use to inflation-proof our life.
Sep 17, 202124:31
53. Lazy Investing is the Best Investing

53. Lazy Investing is the Best Investing

In today’s episode I present a compelling case as to why lazy investing is a superior way to invest.
Sep 10, 202114:48
52. Experiences Over Things

52. Experiences Over Things

In today’s episode I explore why I value experiences more than possessions or things.
Sep 03, 202115:01
51. The Cost of Clutter
Aug 27, 202118:24
50. Dunbar’s Number
Aug 20, 202108:14
49. The Yard

49. The Yard

Today I talk about the many parallels between keeping a yard beautiful and keeping our personal finances looking great.
Aug 13, 202115:51
48. Stoicism
Aug 06, 202116:33
47. Avoiding Burnout

47. Avoiding Burnout

Are you feeling spent, stressed or burned out? Today I tackle how to avoid burnout in the workplace as well as in life.
Jul 30, 202118:59
46. Credit Card Rewards

46. Credit Card Rewards

In today’s episode I talk about four credit cards that you could consider using. These cards offer great rewards to those who are eligible, especially those hoping to do some travel in the cheap.
Jul 23, 202116:17
45. Why Boring is Good

45. Why Boring is Good

Do you sometimes wonder why you do everything you do and why you’re so busy? If so this episode is for you. We explore why busy is not necessarily always a good thing and how to reclaim your schedule and your life.
Jul 16, 202115:50
44. The Pursuit of More

44. The Pursuit of More

Have you ever believed that if you could make just a little more money you’d be happier or if you could have more material possessions life would be easier? More isn’t always better and in this episode we explore why.
Jul 09, 202113:59
43. The Many Ways to Save

43. The Many Ways to Save

Today we answer a listener question from Andrew on the difference between index funds and ETF’s. We then dive into explaining 401k’s, 403b’s, Roth IRA’s, Traditional IRA’s, SEP’s, 457’s, HSA’s, and Solo 401k’s,
Jul 02, 202120:43
42. 7 Ways to Budget

42. 7 Ways to Budget

In this episode I answer a listener question from Dan as well as discuss 7 options for budgets.
Jun 25, 202119:21
41. Rent or Buy?

41. Rent or Buy?

We tackle the often controversial “rent vs buy” in this episode.
Jun 18, 202117:00
40. Listener Questions and Inheritance Considerations

40. Listener Questions and Inheritance Considerations

In today’s episode I dig into two listener questions submitted by Boyd and Leo. I then discuss some important things to think about when getting an inheritance.
Jun 11, 202117:34
39. Why Diversification Really Matters

39. Why Diversification Really Matters

Diversification can save your bacon. In this episode I explain why that is as well as answer a listener question on whether or not to include international funds in your portfolio.
Jun 04, 202118:56
38. The Case for Index Funds

38. The Case for Index Funds

Do you hate paying more for things than you should? If yes, than this episode is for you! I discuss why index investing is supreme to active management.
May 28, 202115:28
37. The Pareto Principle

37. The Pareto Principle

Have you heard of the Pareto Principle? In this episode we take a deep dive into how this principle applies to your life!
May 21, 202116:40
36. Should I Put Money into Insurance Products?

36. Should I Put Money into Insurance Products?

Have you ever been sold whole life insurance or an annuity? In this episode I give my opinions on these products as well as discuss investing and insurance.
May 14, 202118:35
35. Perfect is the Enemy of Good

35. Perfect is the Enemy of Good

Perfection should not be the goal. Keeping investing simple provides outstanding results as illustrated in this episode.
May 07, 202115:06
34. The Sloth and the Ant

34. The Sloth and the Ant

We just returned from Costa Rica. I watched ants and sloths and discovered some interesting things. I discuss them in this episode.
May 01, 202116:54
33. Why Debt Sucks

33. Why Debt Sucks

Are you up to your eyeballs in debt? Are you debt-free? Are you somewhere in between? In this episode I give a clear explanation as to why debt is very lame and how living financially free is the way to go.
Apr 24, 202119:20
32. Minimalism and Money

32. Minimalism and Money

In this episode I dive into the beautiful connection between and money.
Apr 16, 202116:34
31. Ruthless Elimination

31. Ruthless Elimination

In today’s episode I cover 8 areas to consider in our quest of ruthless elimination.
Apr 09, 202118:26
30. The Silent Millionaire

30. The Silent Millionaire

In this episode I give a book recommendation (We’re Talking Millions by Paul Merriman) and also share some findings from the book The Millionaire Next Door by Dr. Thomas Stanley and William Danko. I share the traits of these “silent millionaires” and discuss how we can achieve these same results.
Apr 02, 202117:07
29. Saving for Freedom

29. Saving for Freedom

In this episode I answer a listener question on actively managed mutual funds in his 401k. I provide a book recommendation (the Bogelheads Guide to Investing). I also share information from the SPIVA report comparing actively managed mutual funds to index investing. I then talk about financial independence and why saving for freedom is amazing. Lastly I share JD Roth’s 6 stages of financial freedom (getrichslowly.com). You’ve got to tune into this episode!
Mar 26, 202126:48
28. How to Become Wealthy on a Low Income

28. How to Become Wealthy on a Low Income

In this episode I discuss some simple strategies to become wealthy on a low income.
Mar 19, 202120:10
27. Is the Emergency Fund Overrated?
Mar 12, 202125:32
26. 13 Reasons Why I Invest 100% in Stocks

26. 13 Reasons Why I Invest 100% in Stocks

In this episode I share my reasoning behind my choice to invest my portfolio 100% in stocks. I also answer a listener question on how to transfer funds from one brokerage to another.
Mar 05, 202123:48
25. Enjoy Today While Preparing For Tomorrow

25. Enjoy Today While Preparing For Tomorrow

In this episode I share a personal experience we had with middle son that taught us many life lessons including the importance of enjoying life in the moment. I also discuss the importance of finding a balance between preparing for the future and living in the moment.
Feb 26, 202122:57
24. Why Are You Acting Rich?

24. Why Are You Acting Rich?

In this episode I dive into some of Dr Thomas Stanley’s work about happiness and money. I talk about the links that bind wealth and happiness. I also review a insightful article by Joshua Becker about judging based on physical appearance. “Stop Acting Rich” by Thomas Stanley; “Don’t Judge by External Appearance” by Joshua Becker
Feb 19, 202114:01
23. Why Less is More

23. Why Less is More

In this episode I discuss different examples of how too many choices actually reduces happiness while fewer choices can increase happiness.
Feb 12, 202119:55
22. Why I Hate Day Trading and Individual Stock Investing

22. Why I Hate Day Trading and Individual Stock Investing

In this episode we explore why I prefer index investing over day trading and buying individual stocks. I also explain the craziness in the market regarding GameStop and what it means to sell a stock short. I also explain why I don’t like Robinhood.
Feb 05, 202128:45
21. 41 Simple Ways to Save Money

21. 41 Simple Ways to Save Money

In this episode we take a deeper dive into simple and effective ways to save money and create margin in our lives.
Jan 29, 202128:39
20. Credit Cards- Yea or Nay?

20. Credit Cards- Yea or Nay?

In this episode we dive into the pros and cons of having credit cards. We also explore how a credit score is calculated.
Jan 22, 202119:38
19. Tilting and the Target Date Fund
Jan 15, 202127:48
18. How to Avoid Lifestyle Creep
Jan 08, 202122:46
17. Me versus Dave Ramsey

17. Me versus Dave Ramsey

Today’s episode is a fun one. We explore Dave Ramsey’s philosophy versus mine. We agree on most things but not on all. Check out this podcast to find out our similarities and our differences!
Jan 01, 202123:34
16. Holiday Money

16. Holiday Money

In this episode we explore some cool tips around keeping stress low during the holidays and making sure we don’t break the bank.
Dec 24, 202018:16
15. Favorite Life Hacks
Dec 18, 202024:26
14. The Roth IRA

14. The Roth IRA

In this episode we dive into my favorite investing vehicle, the Roth IRA. We discuss how to fund and manage a Roth as well as rules to be aware of. Most importantly we discuss the importance of setting up and funding a Roth IRA today!
Dec 11, 202019:51
13. Psychology and Money

13. Psychology and Money

In this episode we take a look at the relationship between psychology and money. We explore cognitive biases and processes that can be pitfalls to our success as investors.
Dec 04, 202022:31
12. Should I fire my financial advisor?

12. Should I fire my financial advisor?

In this episode I talk about three different kinds of financial advisors. I explain what a fiduciary is and why it matters. I discuss how to think about whether or not to have a financial advisor. I also explain the costs and fees of having a financial advisor and how that could impact your long term financial success.
Nov 27, 202019:39
11. “Alexa, How Do I Get Rich?”
Nov 20, 202018:52
10. How Much is Enough?

10. How Much is Enough?

In this episode we explore the enough curve, fulfillment, and understanding how to gain joy through what you have instead of always wanting more. Many of the concepts in this episode were gathered from reading the book titled “Your Money or Your Life” by Vicki Robin.
Nov 13, 202019:59
9. Money and Marriage

9. Money and Marriage

In this episode Rachel joins me again for a fun conversation about navigating money in a marriage. We discuss budgets, enjoying money now versus saving for the future, whether or not to combine finances and more!
Nov 06, 202030:50
8. Home Buying 101

8. Home Buying 101

In this episode we discuss the process of buying a home and what details to consider. My lovely wife Rachel joins me to help us understand what we need to know when considering home ownership.
Oct 30, 202035:44
7. What portfolio is right for you?
Oct 23, 202021:26
6. Do you like F.I.R.E?
Oct 16, 202027:06
5. Beware of the Diderot Effect
Oct 09, 202021:19
4. Investing Basics Part 2

4. Investing Basics Part 2

In this episode we explore market capitalization and why that matters in investing. We also explore total market index funds and target date funds. We discuss 6 keys to successful investing as well.
Oct 02, 202024:26
3. Investing Basics Part 1

3. Investing Basics Part 1

In this episode we dive into investing basics including understanding stocks, bonds, mutual funds, IRA’s, and 401k’s. I hope you enjoy the episode and share it with a friend!
Sep 25, 202026:13
2. 11 strategies to achieve simplicity in personal finance.

2. 11 strategies to achieve simplicity in personal finance.

In this episode we dive into exploring 11 useful strategies to keep our finances simple and on track. This are strategies that can be implemented and used immediately. Enjoy the episode!
Sep 19, 202023:19
1. Why this podcast?

1. Why this podcast?

In this episode we explore the “why” behind this podcast and set the stage for future episodes.
Sep 14, 202012:34
Simple Money, Simple Life

Simple Money, Simple Life

This podcast doesn't have a description yet. Stay tuned!
Sep 08, 202000:21