The Money Millhouse

Bethany and Ellie discuss the unscientific differences between caffeine levels in dark roasts vs blond roasts. They then talk about teaching kids about money, including their adventures teaching the children of Navy Seals. Ellie talks about her methods behind giving her children an allowance when they were young, while Bethany reminisces what rewards she would receive by being a military child. 

Chad Bourquin, who owns three businesses, joins the Money Millhouse talking about his band, Dream Big Series, and how they developed. He touches on the Zone of Genius from the book The Big Leap and what that looks like for him, how he handles being an entrepreneur, and how he stays organized. According to Chad, it is really hard to go after your dreams if you are in debt and he touches on why it is so important to be financially responsible. And Bethany is happy to know that at the age of 27, she can still dream big.

Bethany and Ellie end the show talking about the 401K conference coming up, as well as their favorite conference—aka “The Disneyland for Finance”—Fincon. They elaborate on the Zone of Excellence and where they feel they operate. Ellie also discusses they ways she keeps her craft sharp, and Bethany remembers where she first learned the sense of professionalism and the spirit of excellence. 

Bethany and Ellie open the show talking about how it pays to be kind, ways to be generous, and why it is important to have freedom in your budget to be able to do those things. They also reminisce about the time Bethany didn’t tip someone who helped her with her bags, but how they were able to remedy the situation. Bethany explores the reasons why she occasionally gets things for free, and why it pays to be around nice people. 

Ginger Harrington, author of new book Holy in the Moment, joins the conversation about the kinds of investments it takes to write a book. She talks about the concept of making intentional choices and to how invest in today to build for tomorrow. They talk about the Scarcity Mindset vs. the Abundance Mindset, and how making good choices can lead to opportunity. She shares one area she thinks differently in her life 10 years ago verses right now, and learning how to be intentional with resources, time, friendships, etc.

Bethany and Ellie start off talking about their home-brewed coffee, and conversation drifts towards buying cars and the story of Ellie buying her dream car. Buying a vehicle can be one of the biggest mistakes you make in your finances, so Ellie touches on the right way to do it as well as how not to lose $8k in 30 seconds. 

EJ Smith, a Licensed Professional Counselor, joins the conversation speaking on a somewhat heavy but very important topic of financial spousal abuse. She speaks on being able to detect spousal abuse and the difference between being financial abusive and having financially unhealthy behaviors. She also talks about what lead her to pursue a career in mental health—including being a listener instead of talking. She provides several resources available to those in these situations. Bethany and Ellie wrap up the episode addressing the importance of speaking up about these issues, as well as touching again on the distinction between abuse and conflict.

It is a special episode on The Money Millhouse as editor and producer Darbi Masters comes into the Millhouse. Before she gets there, Bethany and Ellie discuss how they met Darbi, how to find free things to do in your city, and some real facts about their producer. 

Darbi comes into The Money Millhouse and they talk about their drinks of choice, and Bethany and Ellie answer Darbi's financial questions, including tax questions, a great way to keep up with expenses, and good resources to use when filing taxes. So kick back, grab your favorite drink (unless you are driving) and enjoy this unique episode of The Money Millhouse!

Bethany and Ellie start with a bang discussing online grocery options, the possibility of working with their respective spouses, and a true test of a relationship: traveling. Nancy Anderson joins the conversation with real proof that being in business with your spouse is very possible. She explores how she and her husband developed their property development company together from their first property to their latest property. She also has some advice for the people looking to dive into the rental property business, including sacrificing the short term for the long term gain. She and her husband are a team when it comes to business, and she talks about some of the goals they made early on. Nancy and her husband, Ron, travel the country speaking to couples about sacrificing short term to succeed in long-term goals.

Nancy also has a free giveaway this episode! Her book Avoiding the Greener Grass Syndrome: How to Grow Affair-Proof Hedges Around Your Marriage by visiting TheMoneyMillhouse.com.

Bethany and Ellie are back in The Money Millhouse discussing the place of women in the financial world, both professionally and in the home. They touch on women having access to the money and how women can beeped to develop your own credit score, start your own retirement, etc. Jen Hemphill, AFC and Military spouse, joins the conversation discussing her new book that just released, as well as gaining confidence in the space. She discusses the messy money sessions, her biggest fail in her finances, and sharing types of money stories in her community. 

Bethany and Ellie reminisce about their time learning to surf in Hawaii and their surfing instructor and Money Millhouse guest, Doug Nordman. They also talk about their side hustles, what a side hustle is, and their goals and objectives when it comes to what their side hustles yield. They discuss financial independence and being able to retire early (also known as the FIRE movement). 

Doug joins Ellie’s kitchen table discussing the Blended Retirement System, the new Military Retirement System, as well as how he and his wife were able to retire early. They touch on asset allocation, high savings rate, how to save as a civilian, what to do as a retired couple, as well as travel hacking as a vet.

Bethany and Ellie discuss different cultures when it comes to money—family cultures as well as cultures from other countries. Ellie talks about her Spanish heritage and how she was raised with money. Ellie also talked about her experiences learning Spanish on the streets in Spain. 

Amanda Abella joins them talking about LatinX and the unique challenges she sees in that community. She also talks about trends for immigrant families and how it translates over into the LatinX community, the differences between being a consumer and owner, the importance of having multiple sources of income to give yourself options. She touches on the importance of managing money and when it is time to look for a chance to earn more money. Amanda explores the reasons Millennials are afraid of investing, as well as apps and advisors that can help to start slowly.

Bethany and Ellie talk about how they grew up understanding money and how their families raised them when it comes to money. They also touch on ways their money perspectives differ from their friends. They also talk about the term Millennial and their feelings when it comes to that particular word. Erin Lowry joins the conversation on the Millennials, as well as what she is doing to help her generation to go from broke to financially free. 

Ellie and Bethany kick off the show raving about their star guest, Joe Saul-Sehy and their experience at FinCon this year. They also talk about financial education, both formal and informal, and the different ways people can learn. Then Joe from award-winning podcast, Stacking Benjamins, comes into the Millhouse to talk about the reasons he likes his coffee a certain way, and the Save50 course he created that will teach you to save 50% of your income. 

They also discuss the key to financial education: “It isn’t about what you know, it is about what you do.” Joe also shares some of his money stories that taught him the dangers of credit, how to recover after some credit decisions, as well as a pretty crazy encounter with a hotel room’s mini-bar. Bethany and Ellie finish the show talking about ways to graduate college debt free. They also discuss why a work ethic is important to financial education, as well as the balance between balance and work as an entrepreneur.