In this episode: the power of pursuit, FU money, index investing, investing the difference, and the simple path to wealth.

Unlock the secrets to financial independence with investing expert JL Collins. He emphasizes the necessity of viewing the stock market through the lens of long-term growth rather than short-term trading. Collins highlights the advantages of low-cost index funds, especially Vanguard's VTSAX, as critical components for building wealth. Understanding expense ratios and their long-term impact on returns is crucial for investors. Join us as Collins shares insights into a successful investment mindset that has transformed the lives of countless individuals in their journey towards financial independence.

Join Jonathan Mendonsa and Brad Barrett as they delve into the influential philosophies of Jl Collins, author of The Simple Path to Wealth. Discover how his work has transformed the financial independence community, advocating for simplicity and accessibility in investing. Learn why sticking to low-cost index funds can yield superior long-term results, despite market fluctuations.

The Barrett family has turned Lego building into a rich educational experience for their children, showcasing the integration of fun and financial learning. As they navigate the eBay marketplace, the kids discover valuable lessons about pricing strategies and market dynamics, illustrating how these challenges can lead to significant life skills and entrepreneurial insights. Their journey emphasizes that failure is merely a stepping stone towards future success, not only for children but also for adults pursuing financial independence.

An in-depth conversation with JL Collins about a recent controversial interview given by Suze Orman, and clarification of what concepts are truly at the heart of the financial independence movement.