Episode 335: How To Coast Your Way To Financial Independence, Save 60% of Income & Reframe What Retirement Means w/ Ada Vargas
Journey To Launch
Jamila Souffrant
4.9 • 1.7K Ratings
🗓️ 16 August 2023
⏱️ 56 minutes
🧾️ Download transcript
Summary
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
Transcript
Click on a timestamp to play from that location
| 0:00.0 | And so for me, it was important to have that structure because that's not how my brain |
| 0:06.8 | works automatically, right? |
| 0:08.5 | I'm not keeping tabs of everything that I'm doing and that helped me bring in my spending. |
| 0:13.3 | Be more aware of what was bringing me value and what I was like, oh, that was not worth |
| 0:17.5 | the money and making it so that I could actually come back again and again to it. |
| 0:22.9 | Welcome to the Journey to Launch Podcast, with your host, Jamila Sufron, as a money expert |
| 0:31.1 | who rocks her top. |
| 0:32.6 | She helps braid juniors like you, get out of debt, save, invest and build real well. |
| 0:39.7 | Join her on the Journey to Launch to Financial Freedom in 5 on 4, 3, 2, 1. |
| 0:51.3 | Hey, hey, hey, real, real quick, it's Jamila here and I have some exciting news to share |
| 0:56.8 | with you. |
| 0:57.8 | My first book, Your Journey to Financial Freedom is step by step guide to achieving wealth |
| 1:03.6 | and happiness is finally available for pre-order. |
| 1:07.5 | That's right, you can pre-order my book right now, today. |
| 1:11.8 | The book is officially out December 5, 2023, but you do not have to wait that long to get |
| 1:17.0 | some resources and information to help you. |
| 1:19.9 | With you pre-order the book today, I'm giving you some fabulous bonuses that will help |
| 1:23.8 | you with your financial freedom and independence journey. |
| 1:27.1 | I'm giving you the financial toolkit for free when you pre-order the book. |
| 1:32.1 | You'll get the debt payoff matrix workbook, the goal fuel worksheet, the financial goals |
| 1:36.8 | workbook and the retirement account questionnaire by most effective and pay resources to share |
| 1:42.9 | with you for free, go to journeytelonge.com slash book to get your copy to pre-order that |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Jamila Souffrant, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Jamila Souffrant and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.