In this episode, hosts Mike Dunlop and Casey Redmond discuss the importance of mastering personal cashflow and setting up automated systems. They discuss the various money-related decisions we make daily and their cumulative impact on our financial wellbeing. They introduce strategies like setting up automatic bill payments, direct deposit for income and automating transfers. They also provide examples of helpful budgeting apps and tools such as YNAB, Mint, Tiller, Excel, Google Sheets, and Acorns. They further suggest setting financial goals and utilizing investment and retirement planning tools for optimal financial stability. The episode stresses the significance of being proactive, patient, and intentional in financial decision-making.
