In today’s episode, the guys will be providing some quality entertainment while discussing the latest and greatest happenings in their life! Josh and Austin welcome 2022 by sharing what they have in store for this year, their pizza preferences, and wrap it up with a few financial nuggets. Listen now!
Main Talking Points
[1:10] – Josh’s Life Update
[2:20] – Austin’s Life Update
[4:40] – What Austin is Looking Forward to in 2022
[6:25] – What Josh is Looking Forward to in 2022
[11:55] – Dad Joke of the Week
[12:33] – Pizza
[21:51] – Financial Advice for 2022
[23:34] – The 50/50 Rule
[24:03] – Bonus Tip
Links & Resources
007: Autonomous Vehicles, Driving Us Into the Future –The Invested Dads
Invest With Us – The Invested Dads
Free Guide: 8 Timeless Principles of Investing
Social Media
Full Transcript
Intro:
Welcome to the Invested Dad’s podcast. Simplifying financial topics so that you can take action and make your financial situation better. Helping you to understand the current world of financial planning and investments, here are your hosts, Josh Robb and Austin Wilson.
Austin Wilson:
All right. Hey, hey, hey. Welcome back to the Invested Dad’s Podcast, the podcast where we take you on a journey to better your financial future, or I guess today, maybe we won’t better your financial future. We’re going to give some-
Josh Robb:
We’ll find some way to do it.
Austin Wilson:
-entertainment and maybe a nugget here and there. Yeah, little different discussion today. Josh and I are just going to be just checking in. What has been going on with our families, what is going to be going on with our families, and we’ve got some interesting thoughts to share with you. Yeah, it’s 2022 now, so that’s interesting.
Josh Robb:
That’s a big change.
Austin Wilson:
That’s one more than last year.
Josh Robb:
Added a number.
Austin Wilson:
Yeah, I know. Those numbers get bigger every single year. Remember the not-2000’s?
Josh Robb:
Yeah. I remember the not-2000’s. Very clearly.
Austin Wilson:
You have to explain that to your kid. Remember when you had to write, 1-9-9-9.
Josh Robb:
I was alive in the 1900s.
Austin Wilson:
The 1900s.
Josh Robb:
I was.
[1:10] – Josh’s Life Update
Austin Wilson:
I know. Josh, what has been going on with you? You’ve got four kids and a wife and a dog.
Josh Robb:
Yeah.
Austin Wilson:
What’s been going on, man? I mean, I know what’s been going on-
Josh Robb:
But tell everybody.
Austin Wilson:
Tell everyone else.
Josh Robb:
Yeah. We’ve been enjoying the winter so far, Christmas break. Having some time off is always nice. My youngest’s birthday is during the Christmas season, so having fun there.
Austin Wilson:
Disney On Ice?
Josh Robb:
We did go to a Disney On Ice show, which was pretty cool.
Austin Wilson:
You’d like to say it was for Marley, but it’s really for you.
Josh Robb:
I enjoy it. I’m not shy about that. It was impressive. Just enjoying the time off and then this year we’re going to have a teenager in the house, my oldest turns 13.
Austin Wilson:
That blows my mind!
Josh Robb:
That’s the big highlight of the year, I think, is that transition to teenagehood, which is going to be all sorts of interesting.
Austin Wilson:
Teenager hormones. Guys or girls, they all get them.
Josh Robb:
Doesn’t matter. Yeah.
Austin Wilson:
It’s an interesting journey.
Josh Robb:
There’s a lot of angst that goes on in the house for sure. Yeah, we’re excited about that, and that transition period.
Austin Wilson:
A little nervous.
Josh Robb:
Yeah, but in general though very appreciative of being able to… back towards the spending the holidays with family. That’s always a nice aspect. What about you?
[2:20] – Austin’s Life Update
Austin Wilson:
Yeah. I mean, no teenager, fortunately.
Josh Robb:
No.
Austin Wilson:
I mean that’s a long way away for us.
Josh Robb:
Yes.
Austin Wilson:
Yeah, our little girl turned four in August, which is crazy. She is super fun. She’s doing new fun things all the time. She’s in preschool, which is great for Jenna. Four days a week.
Josh Robb:
That’s always nice.
Austin Wilson:
She goes for hours.
Josh Robb:
Yep.
Austin Wilson:
Jenna gets a break four days week.
Josh Robb:
That is nice.
Austin Wilson:
It’s great. Juliana gets socialized.
Josh Robb:
She performed in a Christmas show.
Austin Wilson:
She did have a Christmas show and she in that really enjoyed the other kids singing. She clapped for them.
Josh Robb:
Yeah.
Austin Wilson:
That’s kind of how it… she would look really cute in her Christmas dress.
Josh Robb:
That’s all that matters.
Austin Wilson:
One of the exciting things in 2021 for her is that we got her a fancy walker. She has special needs, and so we’re working with her to get her walking and mobile and doing all these things. Well, we got her, it’s called a Mustang. She’s got a Mustang.
Josh Robb:
She drives a mustang.
Austin Wilson:
Dad doesn’t have a Mustang-
Josh Robb:
She drives a Mustang.
Austin Wilson:
But Juliana has a Mustang, and it’s yellow and racey and fast.
Josh Robb:
Oh!
Austin Wilson:
Her classmate actually has the exact same one.
Josh Robb:
Oh man.
Austin Wilson:
They’re like Mustang-ing around the preschool, but she’s doing great. I put her hair in pigtails recently. That’s also noteworthy.
Josh Robb:
Yes.
Austin Wilson:
It was my idea.
Josh Robb:
Did it work out?
Austin Wilson:
I’m not as gentle with her hair as Jenna.
Josh Robb:
Didn’t like it?
Austin Wilson:
She did good. She left them in. It was great. It was really, really stinking cute. I mean, Juliana is obviously our pretty big highlight. My wife and I, Jenna, also just celebrated six years for our anniversary, which you remember well.
Josh Robb:
That’s impressive. I do.
Austin Wilson:
That actually is the origin story of Austin working at Hixon Zuercher and Josh and Austin.
Josh Robb:
We celebrate our anniversary, yeah.
Austin Wilson:
It’s Josh and Austin’s anniversary the same day because Josh was the second shooter for Steph’s photography business on that day, at our wedding.
Josh Robb:
Yeah.
Austin Wilson:
Yeah, we go way back. I was looking at pictures back then and yeah, you didn’t catch any of me falling on the ground, but there were a lot that you caught of me looking like a child. I was so young.
Josh Robb:
No facial hair.
Austin Wilson:
I had a little, but it was a little stubble.
Josh Robb:
So young.
Austin Wilson:
Yeah. Yeah, and skinny.
Josh Robb:
Yeah. Six years changes a lot.
Austin Wilson:
So young and skinny. That’s kind of what’s been going on. Same with you though. We’re coming out of some good relaxing family time around Christmas and stuff like that. Was in the band at church for Christmas playing the guitar.
Josh Robb:
Yep.
Austin Wilson:
Yeah. Things are going pretty well. It’s cold.
[4:40] – What Austin is Looking Forward to in 2022
Josh Robb:
Yes. Anything you’re looking forward to though this year?
Austin Wilson:
I mean, 2022.
Josh Robb:
A lot.
Austin Wilson:
A lot. Mostly hopefully going to take some good trips. We don’t really have an official vacation planned, but my dad and my cousin and my uncle and I always go on a motorcycle trip.
Josh Robb:
Yeah.
Austin Wilson:
Which we’re planning again.
Josh Robb:
Now I got to clarify real quick. It’s a food trip while riding motorcycles.
Austin Wilson:
Yeah.
Josh Robb:
Anytime you can come back…. I don’t even know if I’ve seen a motorcycle in any pictures.
Austin Wilson:
The pictures are all food.
Josh Robb:
It’s like, here’s what I ate the first day. Then we went here and ate this. You do a food trip.
Austin Wilson:
Exactly.
Josh Robb:
Just apparently you all happen to take motorcycles to these food places.
Austin Wilson:
Yeah. I mean, we do like to eat a lot and we have been the last few years going south and we’ve been going into the North Carolina, Tennessee, that kind of area. We were into Georgia and Alabama, even a little this year. We decided it doesn’t really make a lot of sense to go south in the summer.
Josh Robb:
It’s hot down there.
Austin Wilson:
It gets hotter than it is here.
Josh Robb:
Your air conditioning on your motorcycle doesn’t-
Austin Wilson:
It’s nonexistent.
Josh Robb:
No, yeah.
Austin Wilson:
You got to go faster to get cooler and that’s just not good.
Josh Robb:
Yeah.
Austin Wilson:
We have decided that we’re going to try going north.
Josh Robb:
Ooh!
Austin Wilson:
We are going to go up through Michigan and through the UP and Wisconsin and Minnesota. All the way up to the Canada border.
Josh Robb:
Pretty up there.
Austin Wilson:
That’s my point.
Josh Robb:
You’ll have some nice… Yeah.
Austin Wilson:
Then back down all the way down essentially to Milwaukee, which is on the west side of Lake Michigan.
Josh Robb:
Okay.
Austin Wilson:
Yeah. That’s Michigan.
Josh Robb:
Yeah. Right.
Austin Wilson:
Well, the interesting thing is to avoid going through Chicago, they actually have… We’re taking a ferry like a jet ferry thing across Lake Michigan… To Michigan from Wisconsin.
Josh Robb:
That’ll be fun.
Austin Wilson:
On motorcycles.
Josh Robb:
Yeah.
Austin Wilson:
We’re super excited. We’re going to be doing that. That’s what’s going on this year. Not really a whole lot of other big plans, just living in the dream. Hopefully going to work on our house a little bit and do little things like that. What about you?
[6:25] – What Josh is Looking Forward to in 2022
Josh Robb:
Always projects, right?
Austin Wilson:
Always.
Josh Robb:
Every couple of years we go with Steph’s side of the family to a vacation spot where they’ve gone for many, many years. Probably actually a couple decades, with her grandparents.
Austin Wilson:
Australia?
Josh Robb:
No, not that far. We can drive there. Just over to the east coast down… Edisto Island is what it’s called.
Austin Wilson:
Yeah, South Carolina, right?
Josh Robb:
Yep. A lot of fun, but that’s something I look forward to. The kids love it. You get a little place there, go to the beach, swim in a pool, hang out. It’s nice and relaxing. Good time. But I believe that’s up for this year on the docket.
Austin Wilson:
Nice! You can take your new car.
Josh Robb:
We can drive our new car, which will be interesting, because there’s not as much storage in there. We’ll see what happens. We’re excited about it.
Austin Wilson:
You’ll be styling and comfortable.
Josh Robb:
We just drove, last month we went down to Nashville Tennessee. We took the two boys to a football game and we did that on a trip.
Austin Wilson:
Oh yeah, Titans.
Josh Robb:
I’ll tell you that car, it’s not a self-driving car, but it has lane assist.
Austin Wilson:
Yeah.
Josh Robb:
On a seven and a half hour drive or whatever it was.
Austin Wilson:
Yeah. You use it a little.
Josh Robb:
It was nice to… it just kind of stays you in the lane. You got to keep your hands on the wheel or else it gets mad at you, but you can let it just keep you where you need to go. It has this like adaptive cruise control, which I love and hate because it’s great because it’s cool and it doesn’t let you run into anybody.
Austin Wilson:
Well, yeah.
Josh Robb:
But if you’re not paying attention, if you get behind truck, it slows you down very nice and smoothly so you don’t even realize it.
Austin Wilson:
Oh yeah.
Josh Robb:
All of a sudden you look down at your speedometer-
Austin Wilson:
54 miles an hour.
Josh Robb:
Why have I been driving for the last hour at 50 miles an hour in a 70 mile hour zone?
Austin Wilson:
Now I wonder, does that… If you were in the fast lane, so say you are in the fast lane going 79. I’m not condoning this, I’m saying say you’re going 79 in the fast lane.
Josh Robb:
The speed limit’s 79, yeah.
Austin Wilson:
The speed limit is 80. You’re going one mile under.
Josh Robb:
Under, right. Of course.
Austin Wilson:
What if the cars in front of you speed up and go like 84? Does it? It does not? You can set thresholds.
Josh Robb:
At least my adaptive cruise control. I set my cruise limit and it will be at that unless it gets within a certain amount of car lengths from the car in front of it, then it will slow down.
Austin Wilson:
Gotcha.
Josh Robb:
As long as there’s no one… and I have mine set to three car lengths, I think. As long as there’s no car between me and three car lengths, it just drives its normal speed I set it at. If I set it at 79 on the 80 mile per hour road-
Austin Wilson:
Naturally.
Josh Robb:
-then I’m going, but then if I catch up to a car, then it will slow down if a car enters into that three gap length.
Austin Wilson:
Gotcha.
Josh Robb:
Now what I realized in this long trip, because you’re just cruising along, is a car comes over into your lane inside that window and it appears, at least my car is smart enough to understand if the car is lengthening it, it doesn’t abruptly brake on you.
Austin Wilson:
Right.
Josh Robb:
But if it cuts in front of you and it’s not really going anywhere, the car will slow down to get that gap in. Yeah. It’s not the smoothest.
Austin Wilson:
Yeah.
Josh Robb:
Actually where I saw it the most was, say I get behind a car that slowed down a bit. Then I get over in the left-hand lane to pass, it accelerates pretty quickly. I would rather have a smooth, just get me back up to speed.
Austin Wilson:
It floors it.
Josh Robb:
It’s kind of like, I got to get there.
Austin Wilson:
There’s a learning curve to technology.
Josh Robb:
I think so. There is a setting on my car I could put where it learns how I drive and adapts the gear ratios to optimize how I drive.
Austin Wilson:
It has a grandpa setting.
Josh Robb:
If I’m a lead foot off the gas, but I tend to do better economically on like highways, it’ll adapt those for that.
Austin Wilson:
Really!
Josh Robb:
Which is interesting.
Austin Wilson:
That is interesting.
Josh Robb:
I don’t know if it does it per driver setting because I’m sure my wife and I have different approaches to driving, that it would probably get really confused if it doesn’t know there’s two different people driving.
Austin Wilson:
Right, right.
Josh Robb:
Like he just is bipolar. Some times he gets in here and is just crazy. I don’t know.
Austin Wilson:
Yeah.
Josh Robb:
I do enjoy that technology and I can definitely see more and more how… We’ve talked about this in our electric vehicle episode.
Austin Wilson:
Oh yeah. We’ll link that in the show notes.
Josh Robb:
Whether we would be comfortable in those and the more… Like on that long trip, if there was something that was just going to drive around for me, a highway would be where I think… currently now I would be comfortable with my hands off the steering wheel, driving on a highway.
Austin Wilson:
Yeah.
Josh Robb:
Now I wouldn’t be reading a book or anything, but I would be at least comfortable-
Austin Wilson:
You’d relax a bit.
Josh Robb:
-to just not hold on tight. That’s where I’m at.
Austin Wilson:
The further time goes… that episode was like a year and a half ago.
Josh Robb:
It was a while ago. It was pretty early on.
Austin Wilson:
It was. The further we get from that, the more technologically advanced self-driving gets and all of that. I think I’m okay with it. I admit that most drivers, I probably have a really a low view of drivers in general.
Josh Robb:
I want everybody else to be electric driving too. That way they can drive safe.
Austin Wilson:
Right. I think that the software isn’t perfect and it will never be perfect, but it doesn’t take much to be better than most drivers. Most drivers are truly terrible.
Josh Robb:
Yeah, distracted driving is…
Austin Wilson:
Truly terrible.
Josh Robb:
That’s big. Yeah.
Austin Wilson:
I saw someone yesterday sitting in car on the side of the road with no hazards on, no nothing. Just chilling on their phone. No lights, no nothing.
Josh Robb:
Just there.
Austin Wilson:
I’m like, that’s dangerous.
Josh Robb:
At least they pulled over. At least they pulled over.
Austin Wilson:
I know, but I see people on their phones all the time.
Josh Robb:
It’s crazy.
Austin Wilson:
I try and at least like talk to text, or if you have to do something or whatever, try and keep your hands free or whatever. But ugh, I have a very low view of drivers.
Josh Robb:
Even my jeep, because I upgraded my radio, has Bluetooth now.
Austin Wilson:
Of course.
Josh Robb:
It’s like, you really shouldn’t be on your-
Austin Wilson:
There’s really no excuse.
Josh Robb:
Like, hands on your phone because I can get a text read to me now.
Austin Wilson:
Yeah.
Josh Robb:
I can hit reply or just say reply. Yeah, you’re right. Distracted driving is crazy.
[11:55] – Dad Joke of the Week
Austin Wilson:
Josh, do you have a dad joke of the week?
Josh Robb:
I do have a dad joke.
Austin Wilson:
To crack my stuff up on this fine Thursday.
Josh Robb:
I do have a good one. Okay. So we were talking about knowing each other, but I got hospitalized a couple of weeks ago.
Austin Wilson:
You did?
Josh Robb:
Yeah. It was a result of playing Peek-A-Boo with my kids.
Austin Wilson:
Uh-oh.
Josh Robb:
Yep. I was in the ICU. The Peek-A-Boo ICU.
Austin Wilson:
That is so funny.
Josh Robb:
There we go. That’s my…
Austin Wilson:
I was watching Cocomelon, because that’s what I do at my house. They were playing Peek-A-Boo and they’re not good at hiding.
Josh Robb:
No.
Austin Wilson:
I tell you what. I would win.
Josh Robb:
Dominate that.
[12:33] – Pizza
Austin Wilson:
I would dominate that game. Peek-A-Boo. So, I had a topic I wanted to talk about today.
Josh Robb:
Yes.
Austin Wilson:
Because I’m foodie, as you had already alluded to earlier.
Josh Robb:
You like to eat.
Austin Wilson:
I talk about food all the time. I eat all the time and that’s why I’m representing the dad bod pretty heavily. Pizza.
Josh Robb:
Pizza.
Austin Wilson:
What is your favorite type of pizza, as in crust type and topping type, from where, and why?
Josh Robb:
I would say when it comes to me, there is a local place here in town and you didn’t get a chance to try it back when it was its own, but Rocking U was the name of this place.
Austin Wilson:
Yeah.
Josh Robb:
I don’t think you had it when it was the Rocking U store.
Austin Wilson:
No.
Josh Robb:
It’s a thinner crust pizza, fresh toppings. Really good. The key to that one was, the crust had a seasoning to it, but their cheese combination there, it wasn’t there, it wasn’t…
Austin Wilson:
It wasn’t like straight mozzarella?
Josh Robb:
Well, because I remember one of the things that was unique about it is when you ever eat there, you had yellow and white cheese that you could see on there. They had some sort of cheese blend going. That to me is my favorite. It’s probably a little bit nostalgia type of… that was your post baseball party place to go.
Austin Wilson:
Oh, yeah.
Josh Robb:
They had a room in the back. You’d go as a team. You’d sit there, everybody get their pizza. You’d have as much pop as you could drink as a kid. That was pretty good. That’s probably part of it.
Austin Wilson:
Yeah.
Josh Robb:
But it was good pizza. Now topping-wise, there’s controversy in one of these. Okay?
Austin Wilson:
Oh, it’s pineapple.
Josh Robb:
It is. It’s the Hawaiian style.
Austin Wilson:
Stinking pineapple.
Josh Robb:
My wife does not like ham.
Austin Wilson:
Yeah.
Josh Robb:
Does not like ham at all, and so it’s pineapple and bacon. That’s what we get.
Austin Wilson:
Yeah.
Josh Robb:
Which I like. Or pepperoni mushroom. Those are my two go-to pizza toppings.
Austin Wilson:
Yeah. They’re both tied.
Josh Robb:
Now. I like them both. Not at the same time, that would be a weird combo, but one or the other. I’ll eat one or the other. What I’m ordering, if I was going to-
Austin Wilson:
For yourself.
Josh Robb:
If I was going to get one… I like a veggie pizza. Like all the different toppings or an all meat pizza.
Austin Wilson:
Like opposite ends of the spectrum.
Josh Robb:
I like a pizza with a lot of stuff. I like a pizza with stuff on it, I guess is what I’m getting at.
Austin Wilson:
Yeah. Right.
Josh Robb:
A good veggie pizza. Like with a variety of things. Not just like three.
Austin Wilson:
Like peppers and onions and mushrooms and all that.
Josh Robb:
Yeah. Yeah. Yeah.
Austin Wilson:
Olives.
Josh Robb:
Black olives. I like the green olives, but black olives. Something like that would be a good… Just like toppings on it.
Austin Wilson:
So here’s the question.
Josh Robb:
Yes.
Austin Wilson:
Rocking U recipes were purchased.
Josh Robb:
Yes. Now there’s a grocery story.
Austin Wilson:
Yeah, can be purchased at West Main Crust at Great Scott in the back. First of all, side note. $7, I think on Sundays you can get a pepperoni.
Josh Robb:
They’re not bad. It’s not bad at all.
Austin Wilson:
That’s a pretty decent price.
Josh Robb:
For the price, yeah.
Austin Wilson:
It’s better pizza than, you know, Little Caesar’s.
Josh Robb:
Yeah.
Austin Wilson:
How does West Main Crust compare?
Josh Robb:
It’s close. It’s close.
Austin Wilson:
Okay.
Josh Robb:
Now just like any pizza, if you order it, pick it up, drive it home or sit there and eat it. You get the difference.
Austin Wilson:
Oh yeah.
Josh Robb:
Because it takes like 15 minutes before you’re actually… 15-20 minutes before you’re actually eating it. For takeout, it’s definitely close to what it used to be.
Austin Wilson:
Gotcha.
Josh Robb:
The first time I had it, I was not impressed. Then I realized that the paper underneath got stuck to my piece that I was eating-
Austin Wilson:
You were eating cardboard or something.
Josh Robb:
I was eating a little bit of paper, yes. That was not ideal. Then once I removed that, it was a lot better of a pizza. But no, it was good. It’s definitely one on occasion we get. When we do, I’m not upset about it. It was good.
Austin Wilson:
Yeah. Yeah.
Josh Robb:
One last thing while we’re-
Austin Wilson:
Oh no, you’re good.
Josh Robb:
Strangest, because I’m going to ask you this… Strangest pizza. Years ago and this would’ve been… I’m going to say Godfather’s Pizza?
Austin Wilson:
Okay.
Josh Robb:
Or Papa John’s. One of those two. Don’t remember. They had a peanut butter and jelly pizza.
Austin Wilson:
Oh, stop.
Josh Robb:
Now it sounds gross. Like the grossest thing in the world, but there is no cheese and no marinara sauce on this thing.
Austin Wilson:
Oh that makes it a little better.
Josh Robb:
Yeah.
Austin Wilson:
Yeah, yeah.
Josh Robb:
You’re like, okay, first of all, this is street vomit, but okay. It’s just pizza crust.
Austin Wilson:
Yeah.
Josh Robb:
Peanut butter and jelly.
Austin Wilson:
Yep.
Josh Robb:
Okay. It was ordered for an event. I forget. I was somewhere and it was just as an option. I’m like, well, since I’m not paying for it, I’ll try it.
Austin Wilson:
I’ll try it.
Josh Robb:
It’s surprisingly good.
Austin Wilson:
Really? That’s so weird.
Josh Robb:
Again, I’ve never ordered it since. Having tried it knowing it’s good, I’ve still never ordered it. If I’m getting pizza, I’m getting pizza.
Austin Wilson:
Yeah.
Josh Robb:
I’m not getting like a warm peanut butter jelly sandwich.
Austin Wilson:
Yeah.
Josh Robb:
But if you have a good dough, it makes a good… I mean think of it that way.
Austin Wilson:
Okay. If you don’t have dough with like savory seasonings-
Josh Robb:
Yeah, yeah. No.
Austin Wilson:
If you just have a plain dough, you can dessert it up.
Josh Robb:
Yeah. Yeah, and that’s really what it was. It reminded me more of like a dessert style pizza. That was probably the strangest pizza I’ve ever consumed and it wasn’t bad. It was st range.
Austin Wilson:
Yeah. Yeah. For sure.
Josh Robb:
Back to you. Pizza.
Austin Wilson:
Okay.
Josh Robb:
Mine was a thinner crust is where I was at on that.
Austin Wilson:
I’m going to start with strange pizza. Strangest pizza I’ve ever had. The year was probably 2015. This is where you’re going to know-
Josh Robb:
Were you married?
Austin Wilson:
No. I was not married at this point.
Josh Robb:
Okay, because you got married in-
Austin Wilson:
Late 2015.
Josh Robb:
Yeah.
Austin Wilson:
This was earlier in 2015. I was on my own on a business trip to Mexico.
Josh Robb:
Okay.
Austin Wilson:
When I worked at Cooper. I was traveling alone and I was hanging out with… There was one gringo at the Cooper plant and then the locals. He was like my translator buddy and he was a finance guy.
Josh Robb:
Yeah.
Austin Wilson:
Phil Beamer. I’m with Phil and after work, we go out to dinner and we go to a nice restaurant, just him and me. He knows. He’s lived there, he knows all this stuff. He orders pizza and he is like, “Austin, you got to trust me. You got to try this.” I’m like, okay. This dude orders grasshopper pizza.
Josh Robb:
Grasshopper pizza.
Austin Wilson:
In Guadalajara, Mexico. And you know what? I’ve had grasshoppers a handful of times in my life.
Josh Robb:
Yeah. Sometimes on purpose.
Austin Wilson:
It’s pretty good. Most of the time on purpose. Pretty good.
Josh Robb:
Interesting.
Austin Wilson:
You get them good and crunchy and salty and I’ll eat a bug. I had grasshopper pizza in Guadalajara, Mexico.
Josh Robb:
Interesting.
Austin Wilson:
That was the most interest pizza I have had.
Josh Robb:
Yes.
Austin Wilson:
I tell you what, bugs are more normal outside the US than you think, to eat.
Josh Robb:
Yeah. To eat.
Austin Wilson:
They’re becoming more normal in terms of food in general. Europe, the EU, is passing laws currently to approve bugs, different kinds of bugs for human consumption, properly prepared and all that stuff, because of food inflation.
Josh Robb:
Right. Oh yeah.
Austin Wilson:
Food inflation is real here. It’s real there. There’s just shortages.
Josh Robb:
Yes, a scarcity.
Austin Wilson:
To overcome some of the shortages they’re bringing up alternatives.
Josh Robb:
There’s a lot of bugs, let’s eat one of those.
Austin Wilson:
Yeah. I think we’ll get to the point where we eat more bugs here. I like bugs. I’ve had grasshoppers a lot of times. I had them last year in Miami with my wife.
Josh Robb:
There you go.
Austin Wilson:
Grasshopper tacos.
Josh Robb:
Taco?
Austin Wilson:
Anyway, that was my weird pizza story.
Josh Robb:
Weird pizza. That is a weird pizza.
Austin Wilson:
Preference is, you know what. I’m like an anti-chain food guy to the core. If I can eat somewhere local, somewhere family owned and operated, I’m going to. That’s my preference, so I tend to try and avoid things like the Pizza Huts and the Dominos and you know. They all have their place. They’re okay. But I like local and our favorite pizza probably is Joey Fratellos in Findlay.
Josh Robb:
Oh yeah. Yes.
Austin Wilson:
Very good pizza.
Josh Robb:
It is good. Good.
Austin Wilson:
We probably get it nearly every week. It’s pretty good. My go-to is pepperoni bacon mushroom.
Josh Robb:
Ooh.
Austin Wilson:
Pepperoni bacon mushroom is a really, really good pizza. Now will and Jess Hanks, who work here with us here at Hixon Zuercher, they introduce me to the buffalo chicken pizza. It’s like buffalo wing pizza.
Josh Robb:
Yeah.
Austin Wilson:
Ranch sauce, buffalo chicken, and cheese. It’s fantastic. That’s like a second, but pepperoni bacon mushroom from Joey Fratello’s. I typically like a little bit thinner crust because I like a little bit of crunch. That’s kind of how I roll on that. I also like Jac N Do’s.
Josh Robb:
Yeah. That’s up there.
Austin Wilson:
I like Jac N Do’s. Now speaking of Jac N Do’s, have you had Tony’s pizza?
Josh Robb:
Mm-hmm.
Austin Wilson:
I’ve heard good things.
Josh Robb:
It is very good. I would rank that pretty high up.
Austin Wilson:
Yeah. Adam says it’s one of the best pizzas in Findlay.
Josh Robb:
Yes. It’s expensive comparatively, but I would rank it up pretty high. I would.
Austin Wilson:
I heard the thin crust is Jac Do’s-ish.
Josh Robb:
It is. Yeah. They’re very similar. Yep.
Austin Wilson:
Okay.
Josh Robb:
Now at Jac N Do’s you can get a double thin crust.
Austin Wilson:
Really?
Josh Robb:
Yes.
Austin Wilson:
Doesn’t make it like a normal.
Josh Robb:
No, it’s not that thick. It’s still… It doesn’t have the edge to it, but it’s just a little bit thicker.
Austin Wilson:
Really? Huh.
Josh Robb:
That’s my preferred way.
Austin Wilson:
I don’t think I’ve ever had that.
Josh Robb:
I forget, there’s a way you order it. You say “doubled up” or I don’t remember.
Austin Wilson:
Really.
Josh Robb:
My brother introduced me to that a while back.
Austin Wilson:
He was trying to put on weight.
Josh Robb:
It was when he was a firefighter. I don’t know, they knew all the secrets, the firefighters, but now that’s how we order it all the time.
Austin Wilson:
Wow.
Josh Robb:
We actually had it a week ago. Jac N Do’s.
Austin Wilson:
Yeah. It’s good. It’s good. So that’s pizza. I mean I love pizza. It’s probably… I can go out to a fancy dinner here or there. My preference is a normal… I like going out to pizza. I like going out to tacos or getting it to go typically. Typically takeout’s what we do. I’m just a simple guy who likes pizza and tacos.
Josh Robb:
It’s hard to go wrong with it.
Austin Wilson:
I don’t always need a $50 steak for dinner. I like it occasionally.
Josh Robb:
Yeah.
Austin Wilson:
I really do.
Josh Robb:
It makes it more special.
Austin Wilson:
It makes it more special. But on a regular basis, give me some pizza.
Josh Robb:
Yep. That’s kind our Friday night type of thing.
[21:51] – Financial Advice for 2022
Austin Wilson:
So Josh, if there was one thing that you could… we got to do some finance.
Josh Robb:
Yeah. We got to do something.
Austin Wilson:
We got to do some finance. One piece of financial advice to get people’s 2022 started right, what would it be?
Josh Robb:
Yes. One of the things I want to talk about, I know we’re probably going to do some episodes early in this year where we’re talking through some tips and those type of things. One thing I wanted to highlight is periodically the IRS, the government, however you want to look at it, they increase contribution limits. That’s something you always need to be paying attention to. We’ve talked in the past about savings and trying to make sure you’re saving up for retirement, but they did increase the 401k contribution limits this last year. For 2022, you can do 20,500 of your own money.
Austin Wilson:
It was 19-5?
Josh Robb:
19-5. They moved it up a thousand dollars and then you still got the catch up as well, which I believe is 6500 still, they haven’t changed that. That is something just to keep an eye on. The IRA stayed the same. They didn’t increase the Roth IRA, traditional IRA. Those are still 6000 apiece. The HSAs are 7200.
Austin Wilson:
They were increased by a hundred dollars?
Josh Robb:
Yeah. 7300.
Austin Wilson:
Per family maybe, or something?
Josh Robb:
Yeah. But just pay attention to those numbers, especially if you’re trying to hit those maxes. Not every retirement company, like your 401k will automatically move it up, you may have to tell them.
Austin Wilson:
Right.
Josh Robb:
Just keep that in mind as you’re starting this year off, that if you’re trying to max those out, pay attention to those contribution limits.
Austin Wilson:
Going along with that, my tip is that, hey, hopefully you’re starting this year and maybe you had a performance review or whatnot and maybe you’re going to be making a little bit more money. Maybe you get a nice raise.
Josh Robb:
Yep.
Austin Wilson:
My advice would be don’t let all of that money flow through your budget.
Josh Robb:
Yes.
[23:34] – The 50/50 Rule
Austin Wilson:
I would say use what we call the 50/50 rule.
Josh Robb:
Yes.
Austin Wilson:
Very common thing in industry. Maybe it’s not half but some, take some of that additional… say you get a… inflation’s really high. It’s over 6%.
Josh Robb:
Yeah.
Austin Wilson:
Say you get a 5% or 6% raise. Take 2.5% or 3% of that raise and add it to your 401k contributions. Then you’re still living on more money than you were before.
Josh Robb:
Yep.
Austin Wilson:
But you’re also contributing more than you were before.
Josh Robb:
Yeah, and that saves you in the long run.
Austin Wilson:
You won’t even feel it.
[24:03] – Bonus Tip
Josh Robb:
Yep. One last bonus tip because you have time, Roth IRAs, traditional IRAs… IRAs you have until April 15th or tax time-
Austin Wilson:
For 2021 contributions.
Josh Robb:
To make last year’s contributions.
Austin Wilson:
Yeah.
Josh Robb:
If you haven’t maxed them out and you’re planning on, it’s not too late. You still have until you file your taxes in April to add more contributions to your IRAs for last year, 2021.
Austin Wilson:
Right.
Josh Robb:
Bonus tip, there’s still time.
Austin Wilson:
Absolutely. Well that is our kind of update on life and just kind of what’s going on with our lives. We wanted to also give you a little knowledge nugget there to get your year started off right. As always, check out our free gift to you. It’s a brief list of eight principles of timeless investing. These are overarching investment themes meant to keep you on track to meet your long-term goals. Check it out for free on our website. Josh, how can people help us to continue to grow this podcast in 2022?
Josh Robb:
Yeah. Make sure you subscribe, that way every Thursday you get our newest podcast release sent right to your listening device, whatever it is.
Austin Wilson:
Anything. Yep.
Josh Robb:
Then leave a review on Apple podcast. Always love checking those. They’re great to see. It also makes it better for us ranking so that more people can find our podcast.
Austin Wilson:
When we talk about pizza, specifically.
Josh Robb:
Pizza. In general. Yeah. If you have any questions or ideas, if you say, “Hey, I want to hear this topic in 2022,” shoot us an email at hello@theinvesteddads.com. We’d love to talk about whatever you want to know. Then last, if you know somebody who had a question about pizza here in Findlay Ohio share this episode.
Austin Wilson:
That’s right.
Josh Robb:
We’ll definitely help them out.
Austin Wilson:
Well until next Thursday, have great week. Talk to you later.
Outro:
Thank you for listening to the Invested Dads Podcast. This episode has ended, but your journey towards a better financial future doesn’t have to. Head over to the investeddads.com to access all the links and resources mentioned in today’s show. If you enjoyed this episode and we had a positive impact on your life, leave us a review, click subscribe, and don’t miss the next episode. Josh Robb and Austin Wilson work for Hixon Zuercher Capital Management. All opinions expressed by Josh, Austin, or any podcast guest are solely their own opinions and do not reflect the opinions of Hixon Zuercher Capital Management. This podcast is for informational purposes only and should not be relied upon for investment decisions. Clients of Hixon Zuercher Capital Management may maintain positions in the securities discussed in this podcast. There is no guarantee that the statements, opinions or forecast provided herein will prove to be correct. Past performance may not be indicative of future results. Indices are not available for direct investment. Any investor who attempts to mimic the performance of an index would incur fees and expenses which would reduce returns. Securities investing involves risk, including the potential for loss of principle. There is no assurance that any investment plan or strategy will be successful.
