Jamila Souffrant is a Certified Financial Education Instructor (CFEI), host of the Journey To Launch podcast and author of "Your Journey to Financial Freedom: A Step-By-Step Guide to Achieving Wealth and Happiness". The Journey To Launch podcast explores all aspects of reaching Financial Freedom; from increasing income, paying off debt, investing, saving & learning how to retire early and wealthy. The book, "Your Journey to Financial Freedom: A Step-By-Step Guide to Achieving Wealth and Happiness," shows you how to skyrocket your savings, blast through debt and ultimately accelerate your unique and truly epic journey to financial freedom and independence. The audiobook, which is narrated by Jamila, and the eBook are available in the Apple store. As a money expert who “walks her talk” she helps brave listeners also known as Journeyers; gain clarity around their finances and create an actionable plan to reach their goals. Her mission is to teach, inspire and help others reach Financial Freedom and Financial Independence.
http://www.journeytolaunch.com/
episode 335: How To Coast Your Way To Financial Independence, Save 60% of Income & Reframe What Retirement Means w/ Ada Vargas
Ada Vargas, founder of Queer Money Coach, joins the Journey to Launch podcast to discuss how they were able to reach Coast FI, what led them to full-time entrepreneurship, and why reframing your perception of investing is crucial to financial success.
Ada thought in order to retire you had to literally save millions of dollars. They didn’t know what investing was or about the FIRE (Financial Independence, Retire Early) Movement.
We chat about their mission of helping Queer folks thrive in their financial life, the “Four Yous Framework,” and how they went from spending 100% of their income to a savings rate of 60%.
In this episode you’ll learn more about:
- Coast FI, front-loading retirement as a high earner, and living off of $20k per year
- Leaning into financial empowerment and ease with the “Four Yous Framework”
- Reframing retirement savings from a “chore” to a gift you’re giving your future self
- The differences and nuances of queer personal finance + why representation matters
- Making the transition to zero-based budgeting, automated investmenting, shopping for index funds, and more
Other Links Mentioned in episode:
- Compound Interest Calculator
- Episode 126- How She’s Building a $500,000 Portfolio & Retiring Early at 30 Years Old (w/ a Purple Life)
- Episode 289- Retiring at 30yrs Old & Living A Full Life On $20k A Year W/ Purple
- Episode 248- Small Steps to Reach Big Dreams + Going from an Observer to Main Player In Your Life
- Get The Budget Bootcamp for FREE
- Pre-order my new book, Your Journey to Financial Freedom, for special bonuses
- Check out my personal website here.
- Join The Weekly Newsletter List
- Leave me a voicemail– Leave me a question on the Journey To Launch voicemail and have it answered on the podcast!
- YNAB – Start managing your money and budgeting so that you can reach your financial dreams. Sign up for a free 34 days trial of YNAB, my go-to budgeting app by using my referral link.
- What stage of the financial journey are you on? Are you working on financial stability or work flexibility? Find out with this free assessment and get a curated list of the 10 next best episodes for you to listen to depending on your stage. Check it out here!
Connect with Ada:
- Website
- Instagram: @QueerMoneyCoach
Connect with me:
- Instagram: @Journeytolaunch
- Twitter: @JourneyToLaunch
- Facebook: @Journey To Launch
- Join the Private Facebook Group
- Join the Waitlist for My FI Course
- Get The Free Jumpstart Guide
- Get The Budget Bootcamp for FREE