The Human Revolution with Dylan Bain

In this episode of the Fiscally Savage podcast, Dylan talks about the significance of value in the money equation, how you can develop your value, and what it means to work for yourself in today’s economy.   Show Highlights:   [03:26] Self-improvement as the key to making your time more valuable [04:54] The first thing you need to do to develop your value [05:47] Why charm can make you valuable [06:11] Why insight can make you valuable [07:06] Why reliability can make you valuable [07:34] W-2 self-employment and what it means [08:03] The questions to ask yourself as a W-2 employee who wants to be self-employed [11:05] Why you should evaluate what your job does for you [15:19] The key difference between self-service and selfishness [15:40] Working out as an act of serving yourself [18:46] The questions to ask yourself when thinking about your position in the job market [21:19] How Dylan used his experiences as a teacher to successfully apply for his first job as an auditor   Links and Resources:   Fiscally Savage Fiscally Savage Tools Fiscally Savae on Instagram Fiscally Savage on Facebook Fiscally Savage on Twitter

In an attempt to fight inflation, the U.S. Federal Reserve has raised interest rates, warning that more big rate hikes are on the table if inflation will not cool. This has led to fears that a recession is on the horizon for the U.S. But what is recession? And why does it matter?    In this episode of Fiscally Savage, Dylan brings us a closer look at recession, one of the scariest words in economics. How is it measured? What does it mean for workers and businesses? And are we on the verge of entering one?   Show Highlights:   [01:04] Why the US Federal Reserve is raising interest rates [02:24] The textbook definition of a recession [03:35] The COVID-19 recession as an example of a recession that does not conform to its textbook definition [03:59] The three factors that experts observe to determine whether or not there is a recession [08:16] The three factors that are indicative of a recession but do not necessarily cause it [12:12] Why recessions matter [13:56] Three tips for managing through a recession [18:02] How Dylan survived the 2008 financial crisis and thrived afterward [19:59] Closing statements   Links and Resources:   Fiscally Savage Fiscally Savage Tools Fiscally Savae on Instagram Fiscally Savage on Facebook Fiscally Savage on Twitter

In this episode of the Fiscally Savage podcast, Dylan talks about why money is time, the importance of money management, and the ways in which we can act with more intentionality in life.   Show Highlights:   [00:31] The incident that made Dylan want to live with more intentionality [02:46] Why money is time [05:19] Why managing your money is foundational to your growth as a person [06:32] Why the energy you bring to events in your life is even more important than time [08:12] Why your attention is your most important economic resource [15:57] Intentionality as the key to taking control of your time, energy, and attention [17:06] The four steps to acting with more intentionality [24:06] How things have gone for Dylan since he started to live with more intentionality   Links and Resources:   Episode 1: How to Achieve Financial Sovereignty Fiscally Savage Fiscally Savage Tools Fiscally Savae on Instagram Fiscally Savage on Facebook Fiscally Savage on Twitter

In this episode of Fiscally Savage, Dylan discusses three aspects of the inflation equation: too much money, too many people, and too few goods. Dylan also addresses related topics such as supply and demand, the COVID-19 pandemic and how it affected global supply chains, what the Federal Reserve is doing to combat inflation, and more.   Show Highlights:   [03:22] The functional definition of inflation [04:25] The problem with demand and supply [08:11] The problem with printing money [08:52] The “too much money” part of the inflation equation [09:52] The “too many people” part of the inflation equation [11:26] The “too few goods” part of the inflation equation [12:06] How the COVID-19 pandemic impacted global supply chains [13:19] How China’s lockdowns are affecting global supply chains [14:33] How the pandemic affected meat prices in the U.S. [15:11] How the war in Ukraine is affecting corn, fertilizer, and gas prices globally [17:49] Why inflation is a supply chain issue [20:12] How the Federal Reserve plans to control inflation [21:32] How raising taxes can help lower inflation [22:35] Why gold and silver are poor inflation hedges [24:52] Two ways to hedge against inflation   Links and Resources:   Fiscally Savage Fiscally Savage Tools Fiscally Savae on Instagram Fiscally Savage on Facebook Fiscally Savage on Twitter

In this episode of the Fiscally Savage podcast, Dylan talks about his journey to financial independence, the reality of the American job market, and the ways in which we can break free and live with intentionality.   Show Highlights: [00:00:56] The incident that led Dylan to take over the approved and civilized path [00:07:44] The reality for 60% of American workers [00:09:16] Maslow’s hierarchy of needs and how it affect our lives [00:13:41] How dependence on various agents in our lives can undermine our financial independence [00:14:56] The social contract and what it sells us [00:17:56] The six steps to breaking free and living with more intentionality [00:26:13] Closing statements   Links and Resources: Fiscally Savage Fiscally Savage Tools Fiscally Savae on Instagram Fiscally Savage on Facebook Fiscally Savage on Twitter