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The Compound Commitment

Author: Mike Nilson

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Welcome to the Compound Commitment, where we focus on the small actions that compound over time.  I'm your host, Mike Nilson.  Join me every Tuesday as we build the habits that support wealth, health, and happiness.  

Each week, we share insights on investing, wealth management, and financial planning alongside practical strategies for nutrition, sleep, relationships and happiness.  

Check out compoundcommitment.com to sign up for a complimentary 30-Day Wealth, Health, or Happiness Commitment.  

177 Episodes
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Episode 052: What if the greatest gift we can give our kids isn’t an easier life, but the right amount of resistance to help them grow? In this episode, Rhiannon and I explore the inheritance trap—the danger of allowing money to remove the challenges that build confidence, work ethic, gratitude, and purpose. We reflect on the seasons when we had less, why working toward something can be more meaningful than finally getting it, and how difficult it is as parents to watch our kids struggle when...
Episode 051: In this episode, Rhiannon and I look back at the dreams we wrote down when we had very little money—and the fun we had watching many of them come true. We talk about our 101-goal lists, traveling to places we had never been, my early Save/Invest/Give coffee cans, and eventually building the dream house we had pictured for years. But achieving that dream left us with an unexpected question: Now what are we saving for? We explore why money should never become the goal, how dr...
Episode 050: How do we give our kids a great life without taking away the struggle, desire, and gratitude that helped shape us? In this episode, Rhiannon and I look back at some of the decisions we wrestled with while raising our kids—from battery-powered cars and expensive shoes to chores, allowances, and family experiences. We share the choices we made, the ones we still question, and the tension between giving our kids opportunities and giving them everything they want. These stories helpe...
Episode 049: What happens when money quietly shifts from being a tool to becoming the goal? In this episode, Rhiannon and I look back at a season when our lives became focused on building—buying our first fourplex, adding rental properties around Gonzaga, starting businesses, working multiple jobs, and trying to create financial security for our future family. What started as an exciting challenge eventually taught me an important lesson: if you don't know what money is for, it's hard to know...
Episode 048: What if the most important career decision you make has nothing to do with money? In this episode, Rhiannon and I continue our journey from college into the early years of marriage—when we were chasing purpose long before we were chasing wealth. We look back on everything from my surprise marriage proposal at Gonzaga, to the uncertainty of tearing my Achilles before graduation, to moving across the world so I could pursue my dream of playing professional basketball in...
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