Good Money: Two Rules for Money - With Marc Barnes and Jacob Imam

[@pvzero6953]

4:55 Marc, that’s a mark of a real friend right there

[@cardesigner]

Very interesting topic. I recently retired ultra early (39) from a major auto maker whom I could no longer stomach working for due to their wokeness and general anti-Christian/conservative bias/blatant bigotry. I think working for woke corporate monsters is as bad or worse than blindly investing in them, though all sins of the same category are equal. The key enabler to early retirement was 17 years of heavy investing while living way below our means that will cover retirement spending and having a spouse who still works a corporate job to pay immediate bills… money, investing, corporatism, etc has been front of mind for me for some time and I found this as a result of investigating Catholic investing options and a general desire to remove our money from evil corporations. Looking forward to finishing this and other videos while discerning next steps.

[@cardesigner]

I should add that a primary driver to leave work was to be primary care giver to our small children so to prepare them in the faith prior to enrolling them in Catholic school. But also to sever some deep seated connections to money, careerism, greed, etc.

[@meghanyoung]

Marc's comment about money as an insurance against worrying hit my soul.

[@Kitiwake]

You don't value your soul then.

[@rikurodriguesneto6043]

yours is the best podcast in the world

[@LewisVine]

Gosh, the Lord is really pressing me in this area. Endless Excel spreadsheets, scheming, playing with numbers, reallocating budget items, seeing if we'll have "enough" at 60, 62, or 65. Would love to here a first step I should take. Looking forward to listening to the rest of this series.

[@Kitiwake]

It's in God's hands anyway. You may never live to see that age.

[@jameszwilling4209]

Maybe the real money is the friends we made along the way

[@muadek]

Thanks for the talk!

[@p.brianjackson2897]

Thank you for doing this. I am a religious priest interested in Catholic Social Doctrine and was happily surprised to find young Catholic Americans teaching true church doctrine. The distinction between money and capital was a very interesting point. Looking forward to hearing the other podcasts. Have you heard of Rupert J Ederer?

[@shackman6]

Thank you! Awesome content

[@cescheung754]

What is it like in an ordinary day of Jacob Imam or Marc Barnes? Would really be helpful to see a model of how to live practically and realistically in this new perspective towards money, commodities, etc. (not trying to be clever or anything, I'm genuinely interested and would want to learn much more and how to live by this new perspective). God bless your podcast!!

[@jacobphyman5115]

I'm looking forward to the 3rd Rule! I would also love to see from Jacob possibly a distillation of his disertation presented as practical steps to help those of many age and family situations in the Christian properly use their money. Would like to see articles like: 'The Young Adult' 'The Family' 'The Empty Nester/Retiree" and how each of these age groups should go about using their money to be saints (I know I need some help!)

[@gwennoack]

You guys might enjoy Debt the First 5000 Years by David Graeber... there are a few videos from his lectures as well on youtube. Thanks for your video.

[@cactoidjim1477]

Rabbi Daniel Lapin's explanation is that money is a symbolic view of how well we serve others. Which, on one level is true - but it misses the mark. Maybe it is better to say money is *supposed* to represent our value to a particular community, but it often doesn't happen in practice.

[@asdfasdf3989]

Is he saying that the more money you have, the better you must be at serving others?

[@cactoidjim1477]

@@asdfasdf3989 Not necessarily the money you *have* but money you *earn* Even still, it doesn't serve as a 1:1 replacement. You could inherit wealth, or steal it.

[@asdfasdf3989]

@@cactoidjim1477 So he's saying that the more money you earn, the better you are at serving others?