“Financial independence is (the ability) to make choices based on what makes you happy instead of what makes you money.”

Matt Becker is the founder of MomandDadMoney.com where he helps new parents build happy families by making money simple. Matt is a fee-only financial planner and works with many millennials to help them manage their money better.

The reason why I wanted to get Matt on the show is because many millennials are either starting families right now or about to start them…and have no idea what to expect from a financial standpoint! We discuss Matt’s story, the best way to automate your finances, what you should be budgeting for and the most effective ways to pay off debt.