Catching the Wave to FI | Doug Nordman & Carol Pittner | 067 Catching Up to FI

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.
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Resources mentioned on the show:
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.