Doug Nordman and Carol Pittner are a financially-savvy father-daughter duo who take us on their money journey as a family. From learning about money management through unique family practices like the "Bank of Carol," to achieving financial independence, Doug and Carol share the milestones, strategies, and setbacks of their financial journeys. They discuss the importance of saving, investing, and making prudent life choices, all set against the backdrop of their unique military lifestyle. Moreover, they discuss the profound impact of teaching financial literacy from a young age. Whether you're a late starter to financial independence or seeking to pave a smoother path for the next generation, this episode is packed with wisdom, humor, and inspiring stories to guide you on your journey to FI.

🔗 Connect with us

Buy CUtFI a coffee

Record a message for CUtFI

Thank you to our sponsors:

Personal Finance Club (Use code CUTOFI to get $30 OFF any course or PFC investing course only!)

Measure Twice Money ($100 OFF "Create Your Own Financial Plan" Comprehensive Video Course)

Nectarine: Advice-Only Financial Advisors

Catching Up to FI will be compensated by Nectarine if you use our affiliate link, which creates an incentive and conflict of interest. We are not current clients or employees of Nectarine.

Resources mentioned on the show: (As an Amazon Associate, I earn from qualifying purchases.)

Look for their books at your local library in order to "try before you buy."

militaryfinancialindependence.com

The Military Guide to Financial Independence and Retirement by Doug Nordman

Raising Your Money-Savvy Family for Next Generation Financial Independence by Doug Nordman and Carol Pittner

Redeployment Wealth Strategies

Mr. Money Mustache

4% Rule

The First National Bank of Dad by David Owen

If You Made a Million by David M. Schwartz

Quicken

SoFi

Ally

Paula Pant

FamZoo

Thrift Savings Plan

Your Kid 401(k) Plan

Top Gun Finance | Stephen Heptig | 031

Mom and Dad, We Need to Talk | Cameron Huddleston | 048

Doug's recommendations for military-friendly charities:

- Fisher House Foundation: either the national foundation (with Brian Gawne, one of my college classmates and a military retiree) or your local Fisher House at a hospital.

- Local chapters of the Wounded Warrior Program and their services for your local military veterans.

Their favorite surfing beaches:

- White Plains Beach at Kalaeloa near Kapolei (Oahu)

- Pua 'Ena Point at Haleiwa Beach Park (north side) on Oahu

...but Mission Bay and South Ponto Beach in San Diego are also pretty good, as well as Shifting Sands Beach Club at Dam Neck in Virginia Beach.

Disclaimer: We are not lawyers, financial advisors, accountants or tax experts. Please consult your own professional advisors before making any important decisions. Our content is for entertainment and education purposes only.