Published Feb 20, 2023

277 | Gauging the Weight of your Portfolio

Join Brad Barrett and Jonathan Mendosa as they delve into investment strategies with index funds and diversification, explore financial planning essentials like emergency funds, and reflect on personal growth through fitness challenges, all while celebrating community achievements in the pursuit of financial independence.
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  • Burpee Challenge

    Brad Barrett and Jonathan Mendosa discuss their experiences with the burpee challenge, inspired by Alan and Katie Donegan. Jonathan shares how he spontaneously decided to do 20 burpees with his wife, Dani, breaking their routine and embracing the challenge 1. Brad explains the simplicity and effectiveness of burpees, emphasizing their full-body workout potential 2. This exercise, despite being tough, can be done quickly and without any equipment, making it accessible for everyone.

    Imagine how different your world would be if every day you just went and did ten burpees a day. Forget everything else. People want you to sign up for a gym. They want you to take this radical approach. Imagine what would change about your life if you just took on the challenge of doing ten burpees a day, every day for a year.

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    Brad and Jonathan highlight the importance of doing something difficult daily and the potential life changes it can bring 1.

       

    Embracing Effort

    Jonathan encourages listeners to challenge their comfort zones by incorporating burpees into their daily routines. He reflects on how small actions, like doing ten burpees, can lead to significant personal growth and transformation 3. Brad shares his thoughts on giving full effort in all aspects of life, inspired by Alan and Katie's dedication to their burpee challenge 4.

    What would it look like to live life doing everything like Alan and Katie do burpees? What would it look like if you actually gave your all to things on a regular basis?

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    They emphasize the value of focusing on the quality of effort rather than just the end result, advocating for a mindset shift towards embracing challenges fully 4.

       

    Incremental Gains

    Brad and Jonathan discuss the concept of incremental improvements and how small, consistent actions can lead to significant changes over time. They highlight the importance of habits and making tiny choices that contribute to a better life, such as cutting out soda or reducing TV time 5. Jonathan explains the idea of the aggregation of marginal gains and how this community embraces small actions that build up to substantial results 6.

    It's stacking hundreds of these things. It's not about the massive like, I'm going to run a marathon tomorrow. The world doesn't work that way. You get better. Incrementally. You get better. Truly fractions of a percent at a time.

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    They connect these principles to personal finance, illustrating how small financial decisions can compound over time to create significant wealth 6.

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