A new year means new promises, and maybe the BEST promise you can make to yourself is to finally tighten your budget so you can create more fun for yourself instead of spending money on things that aren't important. Our neighbor Mitchell Walker (who literally lives right down the road in Mount Pleasant, Texas), used to work for a guy named Warren Buffett, and he drops by the basement to share his budget-made-easy called the Pouch Plan. Whether you're someone who's struggled with spreadsheets or you love talking about streamlined ways to track your money, you're going to love Mitchell's plan and the story of how it helped him and his spouse turn around some pretty bad money habits.

If you were hiding under a rock, you may not know that there's a new tax law in the USA. In our headlines segment we talk to Dave Du Val from TaxAudit about the new rules. He calls Joe's dad's shortwave to share changes on everything from charitable giving to gambling, and from home equity loans to medical bill deductibility.

Of course, we'll also throw out the Haven Life line, share some amazing trivia from Doug, who's headed out on a polar bear swim, and more.

Special thanks to M1Finance for supporting our show. M1Finance is now FREE! Congrats to the team at M1 for that big announcement last week.

Looking to learn something about finance? After the show, head to learn.StackingBenjamins.com, where Kathleen has prepared some fantastic courses on saving more money, pinching pennies, and understanding taxes. Use code "Doug Rocks" for a nice discount.