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126- How She’s Building a $500,000 Portfolio & Retiring Early at 30 Years Old (w/ a Purple Life)

126- How She’s Building a $500,000 Portfolio & Retiring Early at 30 Years Old (w/ a Purple Life)

FromJourney To Launch


126- How She’s Building a $500,000 Portfolio & Retiring Early at 30 Years Old (w/ a Purple Life)

FromJourney To Launch

ratings:
Length:
54 minutes
Released:
Nov 13, 2019
Format:
Podcast episode

Description

This week’s Journey to Launch podcast episode is one you don’t want to miss! I’m talking with Purple from A Purple Life about how she plans to retire at 30 and live off only $18,000 a year.  In 2015, Purple started her blog to track her journey to financial freedom and early retirement. Thanks to her efforts to decrease spending, increase her wages, and geo-arbitrage, she is on her way to retiring in 2020. In less than four years she went from a net worth of $5,000 to over $350,000. Check out the episode to hear how she is living on her budget without sacrificing the fun things she loves.  In this episode you will learn: How to budget your money and apps that can help  The importance of saving for retirement and securing your employer’s match Ways to save your first $100K What is geo-arbitrage and how it can jumpstart your path to FIRE How to demand a higher salary, and so much more Other related blog posts/links mentioned in this episode: Purple admits saving her first $100,000 was a big milestone. But once accomplished, doubling and tripling her money happened in much less time.  Here is one way to save your first $100K too. Here are more ways to save 100K. Be like Purple and get paid for taking pics of “Help Wanted” signs with the Job Spotter app by Indeed. Check out the Journey To Launch Podcast index here which categorizes all of the Journey To Launch podcast episodes by subject. Now you can binge on your favorite topics or type of episode. Join The Weekly Newsletter List 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 YNAB –  Start managing your money and budgeting so that you can reach your financial dreams. Sign up for a free 2 month trial of YNAB, my go-to budgeting app by using my referral link. Connect with Purple Life: Instagram:@apurplelife Facebook:@apurplelife Twitter:@apurplelifeblog Connect with me: Instagram: @journeytolaunch Twitter: @JourneyToLaunch Facebook: Journey To Launch Join the private Facebook Group Money Launch Club
Released:
Nov 13, 2019
Format:
Podcast episode

Titles in the series (100)

Jamila Souffrant is a Certified Financial Education Instructor (CFEI), blogger, podcast host and money coach. She is the founder of www.journeytolaunch.com. As a money expert who “walks her talk” she helps brave 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. The Journey To Launch podcast explores all aspects of reaching Financial Freedom; from increasing income, becoming tax efficient, paying off debt, investing, saving & learning how to retire early and wealthy.