The Fat & Broke Podcast

Latest Episodes:

054 | What Is Now | 30% Less Steps, Minimum Wage, Sleep Deprivation, What Day Is It?, Will Power, & The PHIT Act Sep 17, 2021

Show notes

Show Summary:

In today’s WIN, we discuss 30% Fewer Steps, Minimum Wage, Sleep Deprivation, What Day Is It?, Will Power, & The PHIT Act

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Introduction:

This is our first show using Squadcast. We are all in different locations while recording this episode.

Main Show:

Sarah’s W.I.N’s:

Do your days blur together? Sarah discusses why this occurs and how to prevent it from happening if this is something that happens to you.

Sleep deprivation is a very real and huge problem in this country. Sarah leads a discussion on the importance of sleep.

Peter’s W.I.N’s:

Is willpower a real thing? Peter discusses this and more in his WIN. We like to think of it more as a muscle that can be trained and improved.

There is a new act passing working its way through Congress that will allow broader use of FSA money for things like youth sports, the gym, and more. The name of this act is the PHIT act. Learn more here.

Gary’s W.I.N’s:

Is minimum wage going up a good thing? Gary argues that the rise in wages will accelerate the rise in the cost of goods. He is really calling out the companies for deceptive promotion of the rise in the minimum wage because they pass the cost onto the consumer.

A new study from UMass has determined we only need 7000 steps a day to reduce our risk of mortality. It is good to take more steps, but it does not have a change in mortality beyond 7000.

Fan Feedback:

We review some live fan feedback that occurred while recording the show on Squadcast.

Resources Mentioned In This Episode:

Send A Letter To Congress To Support The PHIT Act

053 | Win or Fail Mastermind Group | Grad School Fail, High School Coach, & Hiking Sep 15, 2021

Show notes

Intro:

In our opening conversation, we talk about how much people like Sarah. Peter had a good weekend and played some ultimate frisbee.

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Win or Fail Mastermind Group Session:

Peter:

Pete admits to taking anti-anxiety medicine during PT school to help him pass his clinical. He considers this one of the darkest moments in his life and has learned a lot about himself since then.

Gary:

He will now be the pitching/catching coach at his local high school. We discuss the “real” wins surrounding this accomplishment.

Sarah:

She went on a great hike in NH. Her hike has inspired her to show how she is being better every day on social medial and she plans to start a better everyday journal. Additionally, she plans to start a Facebook group where others can share their stories.

Resources Mentioned In This Episode:

Peak Finder App

The Fat & Broke Podcast: Better Everyday Group

052 | Financial Independence Series | Part 3 | Save & Invest For Generational Wealth Sep 13, 2021

Show notes

Show Summary:

In today’s show, we take the next steps towards financial independence. We discuss how to save and invest your money to grow generational wealth.

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Intro:

We have a very quick intro and then we get right into our discussion on building wealth. During our intro, we talk about Gary’s recent long run and how Peter ignored the accomplishment.

Main Discussion:

Gary leads the discussion for Part 3 of our Financial Independence Series: Save & Invest. The main takeaways and talking points are as follows:

Listen to Episodes 041 and 046 to learn how to build a gap between what you make and what you spend, and how to attack debt and build a safety net.
Think about time as money.
Rich & Wealthy are not the same things.
Rich people have to work forever.
Wealthy people claim back their time.
Set & forget your savings through automation.
The power of compound interest.
Using the 4% Rule to determine how much you need to retire.
What are our options for investing?

Fan Feedback:

None

Key Topics:

Build A Gap
Debt
Money = Time
Experiences
Lifestyle Inflation
Compound Interest
4% Rule
401K/403B/457/Roth IRA/Roth 410K/Brokerage Account
Stocks/Bonds/Mutual Funds/ETF’s
Real Estate
NFT’s
Bitcoin

Resources Mentioned In This Episode:

The Fat & Broke Book List

The Trinity Study and The 4% Rule

051 | What Is Now | 4-Day Work Weeks, Intermittent Dieting, Ultra-Processed Teen Diets, Covid Waste, Steps To Happiness, & Joe Rogan...You Are Not a Horse or a Cow! Sep 10, 2021

Show notes

Show Summary:

In today’s WIN, we discuss 4 Day Work Weeks, Intermittent Dieting, Ultra-Processed Teen Diets, Covid Waste, Steps To Happiness, & Joe Rogan...You Are Not a Horse or a Cow!

Leave A Voice Memo, Review The Show, & Follow Us Here
Introduction:

We start the show with Peter being creepy and sneaking into Gary’s house. The team discusses the beauty of living in New England.

Main Show:

Sarah’s W.I.N’s:

Sarah discusses wasted Covid-19 vaccines. Over 15 million have been wasted. That equals about $427 million.

Sarah gives us 7 steps to increase happiness!

Peter’s W.I.N’s:

Peter discusses intermittent dieting which is different from intermittent fasting. New research suggests a protocol of 2 weeks of dieting followed by 2 weeks of maintenance is an effective way to lose weight. The theory is that we do not allow our metabolism to adapt to caloric restriction.

Peter tells us that 67% of what teens eat is ultra-processed food. This is not good. We discuss ways to not allow this to happen with our kids.

Gary’s W.I.N’s:

Gary talks about Scotland trialing 4 day work weeks (32 hours). Other countries have done the same with good success. This has been shown to improve productivity and happiness.

Gary discusses Joe Rogan’s stance on the Covid vaccine as well as his usage of Ivermectin. He feels as though he is being irresponsible and should use his platform for good.

Fan Feedback:

Voice Memo #1:

None

Resources Mentioned In This Episode:

None

050 | Win or Fail Mastermind Group | Ride To Work, Gratitude, & Record Run Sep 08, 2021

Show notes

Intro:

We discuss our recent show change and then jump right into the show.

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Win or Fail Mastermind Group Session:

Peter:

Peter has committed to riding his bike to work from now on. This new change allows for time efficiency, a good workout, saves money and is good for the environment.

Gary:

Started a gratitude journal. He has built into his morning routine by stacking it on other habits he has built in the am. The goal is to start each day with a positive mindset.

Sarah:

Sarah ran 10.5 miles after being challenged by Gary to do so. She accomplished this big goal by setting smaller mental goals while she was running. As she achieved each smaller win, she set the next goal until she made it to 10+. Congrats Sarah!

Resources Mentioned In This Episode:

The War of Art, Steven Pressfield

Next Show:

What Is Now (W.I.N.) | September 10, 2021

049 | Help Us Help You | A Fat & Broke Town Hall Sep 06, 2021

Show notes

Show Summary:

In today’s show, we self-critique the show to this point and ask you to help us make it better.

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Intro:

We quickly discuss our schedule changes, the direction of the show, and how much we love to learn from our mistakes. We call it The Fat & Broke Town Hall.

Main Discussion:

We have a roundtable discussion where we each discuss things we like and don’t like about the show. We also suggest ideas for future changes.

Things we don’t like:

Sometimes we get too off-topic.
We make fun of Peter too much.
Steroid jokes.
Inside jokes.
Not enough Sarah.
Need to be better listeners.
Easily distracted.
Focus more on actionable items for our listeners.

Things we like:

Our friendship is obvious.
Variety.
Authentic.

Possible Changes:

Add a Facebook Group for community engagement.
Fix the above.
More interviews.

Fan Feedback:

None

Key Topics:

Feedback
Critique
Better Every Day
Failure
Thought Experiment
Active Listening
Accountability
Learning

Resources Mentioned In This Episode:

The Fat & Broke Book List

Next Show:

Win or Fail Mastermind Group | Session 3

048 | What Is Now | Food That Kills, Krispy Kreme Strikes Again, Learning To Leisure, Should Anti-Vaxxers Pay More, Gut Expansion, & Stop Peeing in The Shower! Sep 03, 2021

Show notes

Show Summary:

In this week’s What Is Now (W.I.N.) episode, we discuss:

Food That Kills
Krispy Kreme Strikes Again
Learning To Leisure
Should Anti-Vaxxers Pay More
Gut Expansion
Stop Peeing In The Shower

Leave A Voice Memo, Review The Show, & Follow Us Here
Introduction:

We start the show by talking about how small barriers can keep us from good habits.

Main Show:

Sarah’s W.I.N’s:

Krispy Kreme is now giving out 2 free donuts to people who get vaccinated. We did some math and figured out that Krispy Kreme has given American’s 146,000 pounds of fat. We suggest that gyms start giving out free memberships.

Sarah pees in the shower and so do we all! 76% of people admit to it. Sara tells us why women should not pee in the shower.

Peter’s W.I.N’s:

Peter does not know how to relax. His article talks about how enjoying leisure is good for mental health.

Sugar has been shown to expand our gut which allows us to absorb more calories. It also has a hormonal effect that makes us eat more. The two together can lead to weight gain.

Gary’s W.I.N’s:

The University of Michigan published a study that calculates how much time certain food adds or subtracts from your life.

Some companies are charging employees more for health insurance if they do not get the vaccine. Others suggest that unvaccinated people should pay more for cleaning and other services as well.

Fan Feedback:

Voice Memo #1:

None

Resources Mentioned In This Episode:

None

Next Show:

025 | Help Us Help You | Join Us As We Critique The Show

047 | Win or Fail Mastermind Group | Exercise Addict, Retirement Practice, & Covid Rest Sep 01, 2021

Show notes

Intro:

We discuss our recent show change and then jump right into the show.

Leave A Voice Memo, Review The Show, & Follow Us Here
Win or Fail Mastermind Group Session:

Peter:

Peter is wondering if he is exercising too much? He has added running, biking, rollerblading to his strength training. He is spending 2.5-3 hours per day and he is worried that this may be too much and maybe taking time away from something else.

Gary:

Gary talks about his glide path towards retirement. He and his wife are planning to “practice” retirement by taking progressively longer vacations each year. They will ultimately take an entire month off 3 years from now. The plan is to try different locations/communities to see what they will want in retirement.

Sarah:

Sarah had Covid and took a week off. She realized that she needed the rest and also had a good week of introspection. She now questions how much she actually likes her job. Gary also failed by not really talking to Sarah all week.

Resources Mentioned In This Episode:

Choose FI Podcast

Next Show:

What Is Now (W.I.N.) | September 3, 2021

046 | Financial Independence Series | Part 2 | Attack Debt & Build A Safety Net Aug 30, 2021

Show notes

Show Summary:

In today’s show, we take the next steps towards financial independence. We teach you how to attack your debt and build a safety net.

Leave A Voice Memo, Review The Show, & Follow Us Here
Intro:

We have a very quick intro and then we get right into our discussion on debt and emergency funds.

Main Discussion:

Gary leads the discussion for Part 2 of our Financial Independence Series: Attack Debt & Build A Safety Net. The main takeaways and talking points are as follows:

Listen to Episode 022 to learn how to build a gap between what you make and what you spend.
Use the “gap” to pay off your debt before you start investing your money.
The exception is if your employer offers a match. Take the match, it is free money!
Determine the type of debt you have.
It’s not “good” vs. “bad”.
Think of it as “high-interest” or “low-interest”.
Types of debt payback: snowball, avalanche, combination, other.
What to do with mortgage debt?
How to build a safety net/emergency fund.
How much should the emergency fund be?
What are the options for where to hold your emergency fund? Cash, Credit Card, HELOC, Cash-Out Refi, Roth IRA
The role inflation plays on cash in our emergency fund.

Fan Feedback:

None

Key Topics:

Debt
Emergency Fund
High-Interest Debt
Low-Interest Debt
Debt Snowball
Debt Avalanche
Mortgage Debt
HELOC
Roth IRA

Resources Mentioned In This Episode:

The Fat & Broke Book List

Next Show:

Win or Fail Mastermind Group | Session 2

045 | What Is Now | Recess To The Rescue, Epi Genetics, & Pandemic Stock Plays Aug 27, 2021

Show notes

Show Summary:

In this week’s What Is Now (W.I.N.) episode, we discuss:

Recess To The Rescue
Epi Genetics
Pandemic Stock Plays

Leave A Voice Memo, Review The Show, & Follow Us Here
Introduction:

We are broadcasting live during Hurricane Henri. The show must go on!

Main Show:

Sarah’s W.I.N:

Sarah reviews an article about the importance of recess in school post-covid. The social and physical value of recess is very much needed.

Peter’s W.I.N:

Peter explains Epi Genetics to us and how the choices we make can affect our DNA and our lineage.

Gary’s W.I.N:

Gary analyzes the trend in fitness and weight loss stocks pre, during, and post Covid. The trends show that America is getting more obese which is scary. If you want to invest, you are better off investing in Weight Watcher because ultimately weight loss is more food-driven than exercise.

Fan Feedback:

Voice Memo #1:

Denise leaves us a very nice voice message about a prior episode.

Resources Mentioned In This Episode: