Watch Video here

April is Financial Literacy Month, and to help us celebrate we brought in a returning guest, Paul Merriman. Paul has been on the show before to discuss investment portfolios, but today he talks with us about some extraordinary strides he's making as a financial literacy advocate through his nonprofit, The Merriman Financial Education Foundation. We also share some of our favorite financial literacy resources.

RESOURCES MENTIONED ON THE SHOW🌐 Visit Catching Up to FI website

https://catchinguptofi.comPaul's Website

https://www.paulmerriman.comMerriman Financial Literacy Program at Western Washington University

https://financialliteracy.wwu.eduIGrad

https://www.igrad.com/Next Gen Personal Finance

https://www.ngpf.orgWhite Coat Investor

https://www.whitecoatinvestor.comThe John C. Bogle Center for Financial Literacyhttps://boglecenter.net

TIMESTAMPS / CHAPTERS

00:00 📣 Introduction and Financial Literacy Impact

01:09 👋 Welcome and Guest Introduction

01:35 🤝 Paul Merriman's Nonprofit and Financial Literacy Story

02:33 💡 The Importance of Financial Literacy

06:59 🏫 Nonprofit Initiatives and University Programs

16:15 🏋️‍♀️ Bootcamp and Investment Decisions

18:07 🌐 Other Financial Literacy Organizations

22:09 🏛 State-Level Financial Literacy Education

25:55 ✨ Final Thoughts and Encouragement

31:27 🙏 Conclusion and Farewell

Watch video here

This updated discussion of the Ultimate Buy and Hold Portfolio highlights the advantages of equity asset allocation and worldwide diversification. The presentation was presented to members of the Washington State Society of CPAs.

At the end of the presentation Paul adds his list of 15 million dollar decisions that all investors will make in their lifetime.

Watch the video here

Join me on Catching Up to Fi l with Rick Ferri to discuss key investing topics like asset allocation and the pros and cons of small-cap value vs. total market funds.

TIMESTAMPS / CHAPTERS

00:00 ⛓️ Understanding Bonds and Young Investors

02:31 🌟 Introduction to Financial Literacy Titans

03:12 🎓 Paul Merriman's Financial Education Foundation

04:18 🧠 Rick Ferri and the Bogle Center for Financial Literacy

12:09 ⚖️ The Importance of Asset Allocation

23:11 🌍 Debating International vs. US Stocks

35:12 🗓️ Target Date Retirement Funds: Pros and Cons

45:55 📈 Exploring Small Cap Value Investing

49:34 🧩 Understanding Non-Traditional Index Funds

50:28 🔍 Small Cap Value Performance Analysis

52:56 👨‍👩‍👧‍👦 Generational Wealth and Portfolio Management

53:54 🧬 Diverse Value Factors in Investing

55:55 🚧 Challenges of Small Cap Value Investing

57:33 🧭 The Philosophy of Long-Term Investment Strategies

01:01:11 🧪 Debating the Evidence-Based Investing Approach

01:12:46 🛡️ The Importance of Staying the Course

01:22:05 🎤 Final Thoughts and Recommendations