14 min listen
057: Mike Piper - Turning Enough into More than Enough
FromMindful Money
ratings:
Length:
51 minutes
Released:
May 12, 2023
Format:
Podcast episode
Description
Upcoming Event!How Can Mindfulness Help You Reach Financial Independence?Do you want to reduce money anxiety, but don’t know who to trust?Would you like to learn how to set up and manage your own retirement plan?Do you want to know how we create a passive income stream you can’t outlive?If yes, join us and learn how to answer the 4 critical financial independence questions:Am I on track for financial independence?What do I need to do to get on track?How do I design a mindful investing portfolio?How do I manage that portfolio and my income over time through changing markets?Learn more: https://courses.mindful.money/financial-independence-bootcampMike Piper is a CPA from St. Louis, MO, and is the author of many finance and tax-related books. He’s quoted regularly as a Tax and Social Security expert in publications such as The Wall Street Journal , AARP , Forbes , and Morningstar , among others. He’s also the creator of the blog, ObliviousInvestor.com, where he shows his readers that investing doesn’t have to be complicated. Today, Mike joins the show to talk about his financial journey, how fear, anxiety and mental health impact our financial decisions, and the concept of having ‘more than enough.? Watch on YouTubehttps://youtu.be/8HwgtmMn4uoKey Takeaways00:56 – Jonathan introduces today’s guest, Mike Piper, who joins the show to share early financial lessons his mother imparted on him, and how he started writing about finance and taxes12:11 – Mike speaks to his experience publishing over thirteen books and refreshing new editions14:18 – How writing has impacted Mike’s thinking15:57 – The genesis of Mike’s blog, Oblivious Investor17:23 – Taking on clients for Tax and Social Security advice18:37 – The inspiration behind Mike’s latest book, More Than Enough21:05 – Fear, anxiety, and mental health26:49 – Feedback Mike has gotten from his book30:07 – Conservative assumptions in the financial planning process32:53 – What Mike would change about the tax code if given the ability36:24 – The audience Mike wished to reach when he wrote More Than Enough38:33 – Blocking out the noise in finance42:27 – One piece of financial advice to heed and one thing to completely ignore45:45 – The last thing Mike changed his mind about and what he would do if he only had 24 hours to live48:31 – Jonathan thanks Mike for joining the show today and lets listeners know where to connect with himTweetable Quotes“It was basically an accidental business. Within a handful of months, I was getting emails from people who read the book saying, ‘This was really useful. I wish you would write a book about this other topic.’ So I did and then people bought that book. And in a little less than a year, it was pretty clear that I could just quit my job as an accountant and do that instead.” (11:07) (Mike)“These days I would not suggest somebody go into publishing as a career because the Amazon ecosystem has changed in ways that are not favorable to writers and publishers, frankly. Of course, even back when I started, I just got lucky in terms of it becoming enough to make a living from. So even when it was a more favorable set of circumstances, it still took a lot of good luck for it to turn into a business that paid well.” (13:02) (Mike)“I kept working with people who had a lot of anxiety about their financial circumstances. Writer Bill Bernstein says, ‘If you’ve won the game, stop playing.’ And the reality was that these...
Released:
May 12, 2023
Format:
Podcast episode
Titles in the series (100)
000: What is Mindful Money? by Mindful Money