Episode 345: The Basics of Financial Independence (FI): What Is FI & What You Need To Start Your Journey - Part 2
Journey To Launch
Jamila Souffrant
4.9 • 1.7K Ratings
🗓️ 25 October 2023
⏱️ 42 minutes
🧾️ Download transcript
Summary
In Part 2 of my "The Basics of Financial Independence Series," I take you through the tangible, numbers-based side of the Financial Independence movement.
I talk about how the journey to Financial Independence changes your life as a whole, why it's okay and normal for your goals and dreams to be flexible, validating that it's okay for you to want something different for your life, and more.
In this episode you'll also learn more about:
- The difference between basic personal finance principles and Financial Independence
- How to calculate your Financial Independence number
- Common Financial Independence terms and definitions
- Why you should pursue Financial Independence no matter what your situation looks like, a breakdown of the 5 Journeyer Stages of Financial Independence + more
Transcript
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| 0:00.0 | The tool is tangible, but necessary factors you need to even make this journey possible |
| 0:08.8 | is you have to believe that you can do it and you have to have the habits and develop |
| 0:13.3 | the mindset that you can do it. |
| 0:15.6 | In order for you to want to achieve it, to embark on it, to take the long road because |
| 0:20.6 | it is a long road, you have to have the habits and mindset so that you can actually enjoy |
| 0:24.8 | the journey, experience it fully, and know that it is possible for you. |
| 0:29.6 | Welcome to the Journey to Launch Podcast, with your host, Jamila Sufront, as a money expert |
| 0:38.0 | who rocks her top. |
| 0:39.5 | She helps braid juniors like you, get out of debt, save, invest, and build real well. |
| 0:46.7 | Join her on the Journey to Launch to Financial Freedom in 5-0-4-3-2-1. |
| 0:54.6 | If you want the episode show notes for this episode, go to journeytolaunch.com or click |
| 1:04.6 | the description of wherever you're listening to this episode. |
| 1:07.8 | In the show notes, you'll get the transcribed version of the conversation, the links that |
| 1:12.8 | we mentioned, and so much more. |
| 1:15.2 | Also, whether you are an OG-journer or brand new to the podcast, I've created a free jump |
| 1:20.7 | start guide to help you on your financial freedom journey. |
| 1:24.6 | It includes the top episodes, still listen to, stages to go through to reach financial |
| 1:28.3 | freedom, resources, and so much more. |
| 1:31.2 | You can go to journeytolaunch.com slash jumpstart to get your guide right now. |
| 1:36.3 | Okay, let's hop into the episode. |
| 1:38.4 | Hey, hey, hey, hey, hey, journeyers. |
| 1:42.5 | Welcome back to another episode of the Journey to Launch Podcast. |
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