<description>&lt;p&gt;&lt;span style="font-weight: 400;"&gt;This week on the Journey to Launch Podcast, I’m reflecting on my own financial freedom journey so far and defining key concepts around financial independence. Not too long ago my growing family and demanding commute to my corporate job fueled my desire for a more flexible, fulfilling life. My husband and I saved and invested $169,000 in two years, I began my journey of entrepreneurship, wrote my book “Your Journey to Financial Freedom” and today I get to choose what I want to do with my time.&lt;/span&gt;&lt;/p&gt; &lt;p&gt;&lt;span style="font-weight: 400;"&gt;I’m also reviewing my framework for achieving financial freedom, starting with calculating your financial independence number (the amount needed to live off investments without active work) and progressing through my "Journeyer Stages" from stabilizing finances to achieving full work flexibility or "financial independence." I’m encouraging you to embrace your journey towards financial independence and find fulfillment along the way. &lt;/span&gt;&lt;/p&gt; &lt;p&gt;&lt;span style="font-weight: 400;"&gt;In this episode I share:&lt;/span&gt;&lt;/p&gt; &lt;ul&gt; &lt;li style="font-weight: 400;" aria-level="1"&gt;&lt;span style= "font-weight: 400;"&gt;The challenges of balancing work and family, and how it started me on the path to financial freedom&lt;/span&gt;&lt;/li&gt; &lt;li style="font-weight: 400;" aria-level="1"&gt;&lt;span style= "font-weight: 400;"&gt;The components of the wealth formula and why you need to maximize your income and optimize expenses to achieve financial independence.&lt;/span&gt;&lt;/li&gt; &lt;li style="font-weight: 400;" aria-level="1"&gt;&lt;span style= "font-weight: 400;"&gt;The guac levels, which represent different spending habits and lifestyles &amp; why it’s important to be honest with yourself about spending habits&lt;/span&gt;&lt;/li&gt; &lt;li style="font-weight: 400;" aria-level="1"&gt;&lt;span style= "font-weight: 400;"&gt;The importance of changing oneself and becoming the best version of you through the journey.&lt;/span&gt;&lt;/li&gt; &lt;/ul&gt; &lt;p&gt;&lt;span style="font-size: revert; color: initial;"&gt;Other Links Mentioned in episode:&lt;/span&gt;&lt;/p&gt; &lt;ul&gt; &lt;li&gt;&lt;a href="https://journeytolaunch.com/episode61/"&gt;I Quit My Job: Why &amp; How I Quit My 6-Figure Job &amp; How This Affects My Journey To Financial Independence&lt;/a&gt;&lt;/li&gt; &lt;li&gt;&lt;a href="https://yourjourneytofinancialfreedom.com"&gt;Get your copy of my book: &lt;em&gt;Your Journey To Financial Freedom&lt;/em&gt;&lt;/a&gt;&lt;/li&gt; &lt;li&gt;&lt;a href= "http://yourjourneytofinancialfreedom.com/review"&gt;&lt;span style= "font-weight: 400;"&gt;Leave &lt;em&gt;Your Journey To Financial Freedom a&lt;/em&gt; review!&lt;/span&gt;&lt;/a&gt;&lt;/li&gt; &lt;li&gt;&lt;a href="http://journeytolaunch.com/secretbudgetbootcamp" target="_blank" rel="noopener"&gt;Get The Budget Bootcamp&lt;/a&gt;&lt;/li&gt; &lt;li&gt;&lt;span style="color: initial;"&gt;Check out my personal website&lt;/span&gt; &lt;a href="https://jamilasouffrant.com" target= "_blank" rel="noopener"&gt;here&lt;/a&gt;&lt;/li&gt; &lt;li&gt;Join The &lt;a href="https://www.journeytolaunch.com/join" target="_blank" rel="noopener noreferrer"&gt;Weekly Newsletter List&lt;/a&gt;&lt;/li&gt; &lt;li&gt;&lt;a href="https://www.journeytolaunch.com/voicemail/" target= "_blank" rel="noopener noreferrer"&gt;Leave me a voicemail&lt;/a&gt;– Leave me a question on the Journey To Launch voicemail and have it answered on the podcast!&lt;/li&gt; &lt;li&gt;&lt;a href="https://journeytolaunch.com/ynab" target="_blank" rel= "noopener noreferrer"&gt;YNAB&lt;/a&gt; –  Start managing your money and budgeting so that you can reach your financial dreams. Sign up for a free 34 days trial of YNAB, my go-to budgeting app by using my &lt;a href="https://journeytolaunch.com/ynab" target="_blank" rel="noopener noreferrer"&gt;referral link&lt;/a&gt;.&lt;/li&gt; &lt;li&gt;What stage of the financial journey are you on? Are you working on financial stability or work flexibility? Find out with this free assessment and get a curated list of the 10 next best episodes for you to listen to depending on your stage. Check it out &lt;a href= "http://journeytolaunch.com/mystage" target="_blank" rel= "noopener"&gt;here&lt;/a&gt;!&lt;/li&gt; &lt;/ul&gt; &lt;div class="c-message_kit__gutter"&gt; &lt;div class="c-message_kit__gutter__right" data-qa= "message_content"&gt; &lt;div class= "c-message_kit__blocks c-message_kit__blocks--rich_text"&gt; &lt;div class= "c-message__message_blocks c-message__message_blocks--rich_text"&gt; &lt;div class="p-block_kit_renderer" data-qa="block-kit-renderer"&gt; &lt;div class= "p-block_kit_renderer__block_wrapper p-block_kit_renderer__block_wrapper--first"&gt; &lt;div class="p-rich_text_block" dir="auto"&gt; &lt;p&gt;&lt;strong style= "font-size: inherit; background-color: transparent;"&gt;C&lt;/strong&gt;&lt;strong style="font-size: inherit; background-color: transparent;"&gt;onnect with me:&lt;/strong&gt;&lt;/p&gt; &lt;/div&gt; &lt;/div&gt; &lt;/div&gt; &lt;/div&gt; &lt;/div&gt; &lt;/div&gt; &lt;/div&gt; &lt;ul&gt; &lt;li&gt;&lt;a href="https://www.instagram.com/journeytolaunch/" target= "_blank" rel="noopener noreferrer"&gt;Instagram: @Journeytolaunch&lt;/a&gt;&lt;/li&gt; &lt;li&gt;&lt;a href="https://twitter.com/journeytolaunch/" target="_blank" rel="noopener noreferrer"&gt;Twitter: @JourneyToLaunch&lt;/a&gt;&lt;/li&gt; &lt;li&gt;&lt;a href="https://www.facebook.com/journeytolaunch/" target= "_blank" rel="noopener noreferrer"&gt;Facebook: @Journey To Launch&lt;/a&gt;&lt;/li&gt; &lt;li&gt;&lt;a href="https://www.facebook.com/groups/Journey2launch/" target="_blank" rel="noopener noreferrer"&gt;Join the Private Facebook Group&lt;/a&gt;&lt;/li&gt; &lt;li&gt;&lt;a href="https://www.journeytolaunch.com/jtfi-waitlist/"&gt;Join the Waitlist for My&lt;/a&gt; &lt;a href= "https://www.journeytolaunch.com/jtfi-waitlist/"&gt;FI Course&lt;/a&gt;&lt;/li&gt; &lt;li&gt;&lt;a href="https://www.journeytolaunch.com/jumpstart/" target= "_blank" rel="noopener noreferrer"&gt;Get The Free Jumpstart Guide&lt;/a&gt;&lt;/li&gt; &lt;/ul&gt;</description>

Journey To Launch

Jamila Souffrant

Episode 398- My Financial Freedom Story and The Steps You Need to Take To Reach Your Dream Life

OCT 30, 202451 MIN
Journey To Launch

Episode 398- My Financial Freedom Story and The Steps You Need to Take To Reach Your Dream Life

OCT 30, 202451 MIN

Description

This week on the Journey to Launch Podcast, I’m reflecting on my own financial freedom journey so far and defining key concepts around financial independence. Not too long ago my growing family and demanding commute to my corporate job fueled my desire for a more flexible, fulfilling life. My husband and I saved and invested $169,000 in two years, I began my journey of entrepreneurship, wrote my book “Your Journey to Financial Freedom” and today I get to choose what I want to do with my time.

I’m also reviewing my framework for achieving financial freedom, starting with calculating your financial independence number (the amount needed to live off investments without active work) and progressing through my "Journeyer Stages" from stabilizing finances to achieving full work flexibility or "financial independence." I’m encouraging you to embrace your journey towards financial independence and find fulfillment along the way. 

In this episode I share:

  • The challenges of balancing work and family, and how it started me on the path to financial freedom
  • The components of the wealth formula and why you need to maximize your income and optimize expenses to achieve financial independence.
  • The guac levels, which represent different spending habits and lifestyles & why it’s important to be honest with yourself about spending habits
  • The importance of changing oneself and becoming the best version of you through the journey.

Other Links Mentioned in episode:

Connect with me: