435 | Tipped Finance | Barbara Sloan

ChooseFI

Brad Barrett | Choose FI Media

Financialindependence, Investing, Firemovement, Passiveincome, Frugalliving, Personalfinancepodcast, Daveramsey, Careers, Business, Earlyretirement, Habits

4.8 • 5K Ratings

🗓️ 1 May 2023

⏱️ 57 minutes

🔗️ Recording | iTunes | RSS

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Summary

Oftentimes on our show, we talk to people on the FI journey with “regular” 9-5 jobs, and other times we talk to those who have achieved their FI goal and are able to retire from their careers. However, we rarely talk about money management and FI when it comes to those working in service industries, such as serving and bartending. This week we are joined by author Barbara Sloan to discuss taking control of your finances while in a variable income job, the importance of an emergency fund, and the attainability of retirement accounts and health insurance while in these types of industries. While it may seem unattainable to budget and financially plan for the long term when your income is non-fixed, you shouldn’t count yourself out from this journey! Creating your dream life is possible for all, with the right systems in place to ensure it, that is an option possible for those in all career types.

Barbara Sloan:

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Transcript

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0:00.0	I wanted to pass along some timely news that the bonus on our favorite travel rewards
0:04.1	credit card, the Chase Sapphire Preferred, just increased to 80,000 Ultima rewards points.
0:09.6	I think you can easily get two cents per point in value on these ultimate rewards, so 80,000
0:15.0	could be worth over $1,600 in free travel when you transfer them to partners like Hyatt
0:21.1	or United or British Airways.
0:23.4	So this is a really lucrative signup bonus right now.
0:26.5	The details are you get 80,000 Ultima rewards points when you spend $4,000 in the first
0:31.8	three months.
0:32.8	There is a $95 annual fee on the card, and this is all accurate as of the date I'm recording
0:37.8	this, which is April 29, 2023.
0:41.3	Important note that I wanted to pass along, you can apply for this card if you don't currently
0:45.0	have either of the Sapphire cards, so that's Chase Sapphire Preferred or Chase Sapphire
0:49.8	Reserve, and you haven't received a new card member bonus for either of those cards in the
0:55.6	past 48 months.
0:57.4	This is a really, really good time to get what I think is the single best travel rewards
1:01.5	card the Chase Sapphire Preferred.
1:03.4	So if you're interested in more details, go to choose fi.com slash csp, that's csp for
1:09.9	Chase Sapphire Preferred.
1:11.8	Choose fi.com slash csp.
1:14.0	This is a really great way to get started with travel rewards.
1:18.4	Hello and welcome to Choose a Fi.
1:20.2	Today on the show, we have Barbus Lone.
	...

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