On today’s show, Robert Leonard brings back Jedidiah Collins to take a deep dive into personal finance and how to make your money work towards financial freedom. Jed is a former fullback in the National Football League. Now, he is currently a Certified Financial Planner, Author of the book—Your Money Vehicle, and Founder of Rookie to Veteran.  IN THIS EPISODE YOU’LL LEARN: 0:00:00 - Intro 0:03:04 - The culture of money in the NFL  0:07:42 - The analogy of checkers vs. chess applied to finance 0:10:06 - What financial freedom means 0:15:21 - Why care about money outside investing  0:16:22 - The Golden Rule and its three factors 0:17:19 - What are the most important things to look into regarding insurance? 0:24:47 - How to make your money work towards financial freedom 0:26:25 - The concept of opportunity cost 0:34:20 - The difference of Market Indexes, Index Funds and ETF’s 0:37:34 - The four ways to handle risk 0:40:56 - How the progressive tax bracket system works in the US Tax Code  Subscribe to Millennial Investing podcast show: https://open.spotify.com/show/7dnn22EWyo6MLsPaR492BM To access our show notes, courses or forums, go to https://www.theinvestorspodcast.com/millennial-investing/ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ADDITIONAL INVESTING RESOURCES: Intrinsic Value Assessments: https://youtube.com/playlist?list=PL_xlkwLDH1F83cEZmzT-ZfCWcxpEzKQr- Millennial Investing Explained: https://www.youtube.com/playlist?list=PL_xlkwLDH1F-NVcnR47rMkT0ByTWQBvBf We Study Billionaires: https://youtube.com/playlist?list=PL_xlkwLDH1F9dDPFYGAHRbrWoToCe2uoU Bitcoin Fundamentals: https://youtube.com/playlist?list=PL_xlkwLDH1F8wOLjjwNCM5B1qFdrtTdTZ Millennial Investing: https://youtube.com/playlist?list=PL_xlkwLDH1F_p00VYv3psJ8rhDAGOvR5W Real Estate 101: https://youtube.com/playlist?list=PL_xlkwLDH1F8Yw_8xO2nk-RD7fhb3yktn Asset Allocation Course: https://www.youtube.com/playlist?list=PL_xlkwLDH1F9coxc1aExB8xbw9daFDF6P ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ Download Stig & Preston's 1-page checklist for finding great stock picks: https://www.theinvestorspodcast.com/form-youtube-checklist Have a question? Get your voice heard on the show: https://www.theinvestorspodcast.com/your-questions ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ DISCLAIMER: This show is for entertainment purposes only. Before making any decisions consult a professional. This show is copyrighted by The Investor’s Podcast Network. Written permission must be granted before syndication or rebroadcasting.