Weekly Webinar #24: Budgeting and Planning Your Life

The financial advice here is very solid. I'm 50. I've never earned a lot of money but have consistently saved and invested over the last 24 years. I'm not in the top ranks of net worth, but I have a higher net worth than 75% of people my age.

I also think having kids out of wedlock is a disaster for the kids. The research on this is overwhelming. Conservatives have always maintained this. But even liberal social scientists admit it such as this woman from the left leaning Brookings Institution: https://www.brookings.edu/opinions/twenty-years-later-it-turns-out-dan-quayle-was-right-about-murphy-brown-and-unmarried-moms/

Having women on the side when you're married is shitty. That's one piece of advice from you that I think is just plain rotten. And it's fueled the fire of the feminist movement that you rightfully hate.

I think a lot of people get booted out of good paying employment in their 50s, not 60s. I know so many people who were either burned out or booted out of their professions in their 50s it's not even funny.

I saw this color-coded timeline back in the original video where you presented it, and wondered if it had changed any, but it doesn't appear to have. So let me restate my concern: Advising that men wait until they're in their 40s to have a couple of children has always seemed to me to be logically inconsistent given your own personal history. You started the CRP channel (and these are, generally speaking, your words, not mine, and hopefully I'm remembering the ages and time periods correctly) because you had a daughter and a son in your mid-40s yourself and you realized that by the time your son was 20-30 and could really use the advice and guidance of his father, you would be 65-75 and in who-knows-what mental shape, presuming you were even still alive. So you figured, "I'll make some videos that my son can watch when he's older." Of course, the ability to make videos for children to substitute for a vibrant, contributing father has only been around for about 15 years now -- 40 years if you go back as far as VCRs (video cassette recorders, for all the people too young to know). Prior to that (and excluding audio recordings because let's not be pedantic), the only solution to children needing vibrant fathers was for fathers to have children young enough that they would still be naturally vibrant during their children's young adult lives. I don't see why that should change, because obviously humanity hasn't -- the advent of video sharing and cloud storage hasn't altered us *that* much. Which means having kids should logically be moved back maybe 10-20 years from where you have them in the plan now, so that fathers can be a longstanding part of their kids' lives. Maybe this adjustment would require that other columns have their timelines adjusted in turn to accommodate this fundamental need of the children for their father. So be it. Adjusting one's life plan around one's children is what a parent is supposed to do. And I'd be much more confident in a life plan that appeared to prioritize accordingly -- i.e, that made the need of children for their father more central, rather than making the children's potentially missing their father later in life a deliberate part of the plan. And to be clear, this is *not* a personal attack. You said elsewhere that you never even thought about having children until you were 40, so obviously until that point you weren't *planning* on kids, and when you did realize that kids *would* be part of the plan for you, you executed that part of the plan PDQ, marrying in a couple of years and having kids fairly soon after that. It was only then that the potential consequences of having kids so late appeared to you, hence the CRP channel. However, not every father can -- or even if he can, will -- build a YouTube channel to make up for the hole he may one day leave in his children's lives. So it seems rather stunning to *suggest* prospective fathers *plan* on digging that hole for their children. It's one thing to open up that pit by accident, but to *plan* such a void seems ghastly. P.S.: This is not a call for men over 40 to *avoid* having children either. You've stated in private chat with me that it's never too late for a man to start a family, and I'm not disputing that. If a man presently at or over 40 realizes, "Hey, I want kids!" I'm not trying to be a discouragement. But for someone -- especially someone in his teens or 20s -- trying to plan a future involving kids, then from the very existence of the CRP channel I would dispute how late having kids is placed in the timeline you've presented.

Coach what you think about prenuptial agreements?

Try use OCEAN model. Non-open, conscientious, extravert, agreeable, non-neurotic is a good insider candidate.

Easy - focus on one step at a time and do not worry about things you cannot change

Can you do a video about how to discover if you are an outsider or an insider?

I can’t lie this video has me rather gloomy and depressed how would you move past this

Hi Coach, awesome webinar as usual. I am currently working on two articles about Toxic Feminism (how it got started) and the negative impact of LGBT. I am wondering if you have any materials or books you could recommend since Google seems to censor stuffs that go against these trends. Stay safe and enjoy your trip.

Jay Dee

June 28 Webinar 14

Hi guys, I think there was a topic: "Corporations, and how to use them." Did that talk happen? If yes, what date?

Have fun!

It’s pronounced “tessel”, so tes-sel

So you are going to drop out of a perfectly good airplane - LMAO

Mickey Turner

Coach can you make a pdf and share the chart?