Steve discusses an iPad purchase and its accompanying sheet music adventures. Tyler finds a surprise bank account. An acquaintance buys a house for cheap. Having cash available is doubly beneficial--it protects you from unexpected risks and it lets you take advantage of unexpected lucky opportunities. (00:00) - Esoteric spreadsheets

(05:37) - What is optionality?

(10:16) - Risk and luck

(13:19) - Savings gap

(15:33) - Steve buys an iPad for sheet music

(19:52) - Tyler squirrels away money so he'll forget about it

(21:31) - How do you define financial independence?

 Links: The Psychology of Money, by Morgan Housel https://www.goodreads.com/book/show/41881472-the-psychology-of-money YNAB Rule 2: Embrace Your True Expenses https://www.ynab.com/the-four-rules/#rule-two ---Steve Nay: https://daybreaktax.com/ https://www.linkedin.com/in/nsteven/ Tyler Smith: https://www.tylersmith.io/ https://www.linkedin.com/in/tylersmith-io/ 

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