https://itunes.apple.com/us/podcast/simpler-happier-life-podcast/id918194028?mt=2
Listened, here are my notes ...
podcast has a professional intro done by voice guy, wonder what that cost?
see criticisms as attacks against their beliefs and values. That is repeated several times.
did not max contribution to retirement because they had to launch a new website
they hired a part time nanny. Yep, they are just so busy with the site they need a part time nanny 5 days a week.
they depleted their savings, won't share how much website cost but it sounds like a lot since little retirement contribution and also deplete savings
kids go to private school. oh but it's not "uppity"
529's for kids
xmas spending is the biggest expense you can plan for, saving $50/month for 12 months for xmas in betterment account
betterment account for purchase of new van, they already have an "awesome" van but they need a new one
they need 2 vans, yes they are saving to buy another van not just replace the one they have.
everyone went right to the pie chart and focused on that
$600/month in food is more accurate than $400
the pie chart isn't accurate
$1900/other expenses
$740 - kids tuition
$60 - valet parking
$300 - health
life insurance
medication $50
$200/month in spending
$200 for some natural doc
wedding expenses, $200 for tux
$200 for travel to family for turkey day
they gross more than $59k but they have to pay for biz and employees, etc
they value sending kids to private school more than early retirement
budget varies from month to month, $4k - $5500. They decide instead of actually budgeting.
they are not very transparent
they could have easily lied, but they didn't. it's "real" numbers
Keep claiming they aim to teach real people how to handle real money
they didn't defend decision except to say people attacked their values