Ever skipped that extra drink, pricey cheese, or a night out for the sake of your wallet?
If this feels familiar, then you’ll appreciate today’s episode with Jamila Souffrant.
Jamila is a Certified Financial Education Instructor, podcast host, and author, guiding us on making savvy choices to save while still having fun.
Jamila explores the power of understanding our “why not,” staying motivated on our financial paths, shaping a success-bound mindset, and posing THREE crucial self-assessment questions for goal alignment.
Discussion timing as of December 2023:
00:00: Introducing Jamila Souffrant
01:40: What does guacamole have to do with financial independence?
02:58: The different guac levels and what they mean
06:40: The distinction between financial independence and financial freedom
18:18: The FI Formula
18:47: Tangible components vs. Intangible components
25:12: How to stay motivated for the long term
34:10: How to think through assets and liabilities
36:33: The distinction between fixed and variable expenses vs mandatory and discretionary spending
38:21: The importance of mindset on the financial journey
42:25: What kind of habits should people be building?
46:50: Questions to ask yourself to see if you’re on the right path
50:11: Lead domino goals vs gap goals
Your Journey to Financial Freedom: A Step-by-Step Guide to Achieving Wealth and Happiness | Book
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