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 28: Finding The Right Balance Between Your Income & Expenses with the Paychecks & Balances Duo
When developing a solid financial plan, it’s important to look at how you can generate the most income while being conscious of your spending. Marcus and Rich from the Paychecks and Balances podcast aim to help people look at both sides of their balance sheet, their income and their expenses.
I really enjoyed interviewing Marcus and Rich as we covered a variety of topics such as how to; negotiate pay raises, pay off debt and the importance of being able to enjoy yourself while on your financial journey.
This is a very informative yet light-hearted episode for those of us who want to accomplish our financial goals while not feeling guilty about spending on the things we value.
Here are the main topics we talked about in the episode:
- Rich and Marcus
- Their backstory
- How they became more conscious of their money habits
- The meaning of their podcast
- Making the most of your paychecks
- The importance of understanding where your money is going
- Automating your savings
- Negotiating your salary
- How to negotiate your salary
- Why people are afraid to negotiate
- The importance of doing your research
- Making the most of your company’s benefits
- Using a cost of living calculator
- Taking action
- How to be proactive and not reactive
- Why it’s better to start now rather than later
- How to live the 80/20 lifestyle
- Why it’s important to be responsible but also enjoy yourself
- Being in debt
- Marcus’ journey managing debt
- Why the easiest part is making a plan
- Making sure getting in debt is your choice
- Rich’s story with debt
- Why people want to be debt free
- The difference between good and bad debt
- Credit card debt vs student loan debt
Other related blog posts/links mentioned in this episode:
- Paychecks and Balance Podcast
- Marcus’ book: Debt free or die trying
- 15 Minute Budget
- Paychecks & Balances podcast episode 68: Don’t Cost Yourself $600K
- Bank Rate Cost of living Calculator
- CNNMoney’s Calculator
- DigitPaychecks and Balances video with CBS
- Leave me a voicemail- Leave me a question on the Journey To Launch voicemail and have it answered on the podcast!
- Watch me on News12 Watch my latest segments on News12
- My One on One Money Coaching Services - Get my personalized 1on1 money coaching expertise to help you reach your financial goals
Connect with Marcus & Rich:
- Marcus’ info
- Rich’s info
- Paychecks and Balances:
Connect with me:
- Journey To Launch Instagram
- Journey To Launch Twitter
- Journey To Launch Facebook Page
- Join the private Facebook Group