60 episodes

This is our journey through Marriage, Raising Teenagers to Financial Freedom. Financial Freedom (FIRE) can help give you choices in life. We share stories to help couples getting married, married. Helping parents survive raising kids to planning for kids. What your secret to Success is in Marriage, Kids and Money? Money is such a sensitive topic in a lot of relationships and a major cause of divorce so we will talk about money. Debt Freedom and FIRE is our goal so we have choices in life. We cover Mills Family Financial Freedom Rules. E-mail me at bruce@millsway.com to be a guest. Support this podcast: https://anchor.fm/live4/support

Live 4 Financial Freedom Bruce Mills

    • Self-Improvement

This is our journey through Marriage, Raising Teenagers to Financial Freedom. Financial Freedom (FIRE) can help give you choices in life. We share stories to help couples getting married, married. Helping parents survive raising kids to planning for kids. What your secret to Success is in Marriage, Kids and Money? Money is such a sensitive topic in a lot of relationships and a major cause of divorce so we will talk about money. Debt Freedom and FIRE is our goal so we have choices in life. We cover Mills Family Financial Freedom Rules. E-mail me at bruce@millsway.com to be a guest. Support this podcast: https://anchor.fm/live4/support

    You Don't Have to Retire Early

    You Don't Have to Retire Early

    Some people say they don’t want to retire early because they enjoy what they do for work. It makes them feel good and they can’t imagine not doing it anymore.

    We teach the boys that they don’t have to retire early just because they may reach their Financial Freedom goals early in their life. But it is nice to have options if they choose to retire early.

    As always, I am not giving you any Financial Advice and you should seek advice from your Professional Advisors to see what is best for your situation. See my Disclaimer at MillsWay.com. This is for entertainment only.

    If someone decides not to completely retire early because they like to keep busy or they just like their job. Maybe they like their co-workers, helping their customers to the daily challenges of the job.

    People can have many options though if they want to keep busy or feel productive. Here are some ideas to think about if you reach Financial Freedom at an early age; For full details listen to the whole Podcast show.

    If you would like to be a guest on my Podcast drop me an email at bruce@millsway.com or Text me at 480-389-6224

    Support me at Anchor.fm/Live4, Patreon.com/Millsway or Paypal.me/Millsway

    Thanks, and Have a great night.  Please Support or Follow me at https://www.patreon.com/millsway  for access to all my blogs.

    Click here for some Side Income and Part-time Business Ideas

    Millsway.com and Live4.Club

    Personal Capital - Manage your money now. Smart way to track and manage your financial life. Award-winning financial tools and more.

    #financial freedom #financial independence #FIRE #Hustle #Live4 #podcast #millsway


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    • 11 min
    Pay Cash and Don't Borrow Money

    Pay Cash and Don't Borrow Money

    Very few people probably don’t think this is possible to do. But I am telling you that anything is possible and some people are able to do it. Our boys for sure don’t believe in it but we are working with them on it. They want everything now and not to save up for it.

    We teach them that they need to try to always pay cash for anything they need or want in their lives. If they don’t have the money at the time then they need to wait on buying it. They can also find ways to make more money so they can buy it sooner.

    As always, I am not giving you any Financial Advice and you should seek advice from your Professional Advisors to see what is best for your situation. See my Disclaimer at MillsWay.com. This is for entertainment only.

    We are all faced with so much temptation everywhere we go. Almost every place has their own Credit Card also and offers special perks if you use their Credit Card when purchasing stuff. Yes, if you play the credit card game right you can make a little money or some extra savings on the stuff you want to buy. A lot of people though aren’t able to play the game and end up not paying the credit card balance off right away. They end up making the minimal payments and paying high Interest rates. That is what the credit card companies love to see.

    Our boys think they need that video game now and can’t wait till they save up the money. We tell them that they won’t die not getting the game until they have saved up the money for it. We don’t want them to get into a habit of buying things on credit. It is a dangerous habit we feel.

    The boys if they don’t have money to buy a car let’s say for an example then they have options until they have the money saved up. They could take public transportation, walk, ride their bike or see if a co-worker lives by them and maybe they can give them some gas money to ride with them.

    They need to know even if they just have enough money for that car to buy, they need to also save up for Insurance payments, title and registration costs, gas, oil and possible repairs in the future. Cars are expensive and they need to have enough money saved up to be prepared. We want them to stay out of debt. Listen to the full Podcast Show for more info.

    If you would like to be a guest on my Podcast drop me an email at bruce@millsway.com or Text me at 480-389-6224

    Support me at Anchor.fm/Live4, Patreon.com/Millsway or Paypal.me/Millsway

    Thanks, and Have a great night.  Please Support or Follow me at https://www.patreon.com/millsway  for access to all my blogs.

    Click here for some Side Income and Part-time Business Ideas

    Millsway.com and Live4.Club

    Personal Capital - Manage your money now. Smart way to track and manage your financial life. Award-winning financial tools and more.

    #financial freedom #financial independence #FIRE #Hustle #Live4 #podcast #millsway


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    • 11 min
    Remember Choices and Consequence's

    Remember Choices and Consequence's

    We have talked about Choices and Consequences so much in our house that the boys will make jokes with me about it. We laugh and it does help me think about it when they say something about one of my choices.

    One of the jokes the boys make to me is about my food choices. The boys know one of my long-term goals is to get my BMI (Body Mass Index) under 25. So, if I am eating Ice Cream or Cookies, they will joke with me about my Choices and Consequences.

    I know they love me and are joking with me. But they are correct in what they are saying. If I eat have a bowl of Ice Cream or a bunch of cookies then I need to be able to live with the consequences that could happen to me if I do. For instance, I could gain more weight and be further away from my weight goal. The food could give me less energy and drive to exercise which could cause me to gain weight.

    If I keep gaining weight it could hurt my golf game, which would be sad. LOL But also it could hurt my wallet or finances since if I out grow my current clothes I may have to buy new clothes from belts to pants. That could affect our Financial Freedom goals in a way also.

    So, the poor eating choices that I may be making could hurt me in several ways. If I choose to eat those sweets then I have to be OK with living with the consequences.

    As always, I am not giving you any Financial Advice and you should seek advice from your Professional Advisors to see what is best for your situation. See my Disclaimer at MillsWay.com. This is for entertainment only.

    We also remind them each time they leave the house to make good choices. Seth when ever he leaves the house, we for sure to remind him to make good choices. Since he is our wild child. LOL

    It doesn’t matter if he is going to school or to the park to play with friends, we want him to make good choices or we want him to be able to handle living with any consequences that may come about because of his actions. To hear all the details listen to the full Podcast show.

    If you would like to be a guest on my Podcast drop me an email at bruce@millsway.com or Text me at 480-389-6224

    Support me at Anchor.fm/Live4, Patreon.com/Millsway or Paypal.me/Millsway

    Thanks, and Have a great night.  Please Support or Follow me at https://www.patreon.com/millsway  for access to all my blogs.

    Click here for some Side Income and Part-time Business Ideas

    Millsway.com and Live4.Club

    Personal Capital - Manage your money now. Smart way to track and manage your financial life. Award-winning financial tools and more.

    #financial freedom #financial independence #FIRE #Hustle #Live4 #podcast #millsway


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    · Anchor: The easiest way to make a podcast. https://anchor.fm/app

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    • 10 min
    Make Your Own Set of Financial Freedom Rules

    Make Your Own Set of Financial Freedom Rules

    We like to teach the boys that nothing is always black and white in our lives and there isn’t always just one way to achieve your goals that you want to achieve.

    Of course, we hope they follow the Mills Way to Financial Freedom rules that we have taught them over the years and what we have taught to other people around the world. We even turned the Financial Freedom rules we taught them into a book.

    As always, I am not giving you any Financial Advice and you should seek advice from your Professional Advisors to see what is best for your situation. See my Disclaimer at MillsWay.com. This is for entertainment only.

    We raised the boys with golf in their lives besides education for success and personal finances. With golf and life, we have showed them that their can be many ways to get from Point A to Point Z.

    For an example of that is if the four of us go golfing. We could have four different Tee shots, like I hit it 300 yards, Seth drive short at 139 yards, Logan drives the ball to the way right about 175 yards and Darlene drives it 220 to the way left.

    Then we all hit our second shots up short of the green. My ball goes in the left sand trap, Logan’s is 25 feet short in the right rough, Seth hits his ball 12 feet short in the left rough and Darlene hits the ball just a foot off the green.

    Then we each take our third shots and we all end up on the Putting surface. We all end up two putting on the green for a bogey. Since the hole was a par 4. Isn’t it funny how four people can play the same game but play it four different ways and yet still score the same score? This happens so often when I play golf with my friends.

    That is why we teach our boys that it is OK if they decide to make up their own set of Family Financial Freedom Rules. We know ours worked for us but maybe the boys want to pave their own path in life. Listen to the whole Podcast Show for more details.

    If you would like to be a guest on my Podcast drop me an email at bruce@millsway.com or Text me at 480-389-6224

    Support me at Anchor.fm/Live4, Patreon.com/Millsway or Paypal.me/Millsway

    Thanks, and Have a great night.  Please Support or Follow me at https://www.patreon.com/millsway  for access to all my blogs.

    Click here for some Side Income and Part-time Business Ideas

    Millsway.com and Live4.Club

    Personal Capital - Manage your money now. Smart way to track and manage your financial life. Award-winning financial tools and more.

    #financial freedom #financial independence #FIRE #Hustle #Live4 #podcast #millsway


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    • 11 min
    Emotions and Money

    Emotions and Money

    Emotions can factor in many money decisions. Emotions also can come into play when Money is part of the topic in a relationship. Especially when both people in the relationship has totally different views in their mind.

    We teach the boys to work on keeping their cool when in a relationship and if they are single if money issues start to get their emotions out of sorts.

    As always, I am not giving you any Financial Advice and you should seek advice from your Professional Advisors to see what is best for your situation. See my Disclaimer at MillsWay.com. This is for entertainment only.

    We teach the boys the Mills Way to Financial Freedom Action steps and rules to help them achieve their goals. We want them to know that it is OK if they want to change some of the rules or not follow them at all. It is their choice. The main thing is that they are happy and can live with their choices and consequences.

    If things go sour for them then we want them to accept it and learn from their choices. It isn’t the end of the world and many people have lost everything and recovered from it even stronger than before.

    If they are married or in a relationship Emotions can even run higher.

    Each of them could have been raised by different beliefs from their families and friends when it comes to money. Which can make things challenging. Listen to the full Podcast show for all the details.

    If you would like to be a guest on my Podcast drop me an email at bruce@millsway.com or Text me at 480-389-6224

    Support me at Anchor.fm/Live4, Patreon.com/Millsway or Paypal.me/Millsway

    Thanks, and Have a great night.  Please Support or Follow me at https://www.patreon.com/millsway  for access to all my blogs.

    Click here for some Side Income and Part-time Business Ideas

    Millsway.com and Live4.Club

    Personal Capital - Manage your money now. Smart way to track and manage your financial life. Award-winning financial tools and more.

    #financial freedom #financial independence #FIRE #Hustle #Live4 #podcast #millsway


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    · Anchor: The easiest way to make a podcast. https://anchor.fm/app

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    • 14 min
    Pension Qualify For

    Pension Qualify For

    Pensions aren’t as common as they were back when my Dad was working at International Harvester. They made Farm Equipment there in Rock Island, IL. They had a Union there which my Dad was a Shop Steward for the Union. They also had a Pension and Health Care for life for Mom and Dad. Pretty good deal. I am going by what he told me I never read all the details of it.

    In todays world it seems like fewer and fewer companies offer a Pension plan. Companies that don’t have Pension plans normally have a 401K plan, even most small companies offer one. We teach our boys that if their company offers a pension, they need to find a way to work there long enough to qualify for it. Of course, if they just started there and it is a dead-end job then maybe it isn’t worth for them sticking it out. If the business would go out of business then that is out of their control also.

    As always, I am not giving you any Financial Advice and you should seek advice from your Professional Advisors to see what is best for your situation. See my Disclaimer at MillsWay.com. This is for entertainment only.

    Darlene already has a lot of years in with her current company towards her Pension plan with them. It would be good for her to stick with them till she qualifies for the Pension. She is able to even work just 20 to 30 hours a week average and still get credit towards the Pension.

    Her Pension contract is a revised contract from earlier years so it isn’t as good but it could still help us out at retirement time. We project it could be around $6,000 per year income for life. Possibly starting for her at age 65.

    A lot of the guys I golfed with are retired from Pension plans also but they are in their 70’s and 80’s. I have worked for several different companies over my career and none of them offered a Pension plan. So, I am glad Darlene is able to at least get a Pension at her job.

    Darlene also has money invested in her 401K plan to help supplement the Pension money. Plus, we have other investments and Passive Income Streams. For more details listen to the whole Podcast.

    If you would like to be a guest on my Podcast drop me an email at bruce@millsway.com or Text me at 480-389-6224

    Support me at Anchor.fm/Live4, Patreon.com/Millsway or Paypal.me/Millsway

    Thanks, and Have a great night.  Please Support or Follow me at https://www.patreon.com/millsway  for access to all my blogs.

    Click here for some Side Income and Part-time Business Ideas

    Millsway.com and Live4.Club

    Personal Capital - Manage your money now. Smart way to track and manage your financial life. Award-winning financial tools and more.

    #financial freedom #financial independence #FIRE #Hustle #Live4 #podcast #millsway


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    This episode is sponsored by
    · Anchor: The easiest way to make a podcast. https://anchor.fm/app

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    • 11 min

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