<p>In a world of economic uncertainty, achieving financial freedom is more critical than ever. This week, John and Vic share candid lessons from their personal journeys toward becoming debt-free, offering practical, actionable advice on how service members and veterans can secure their financial futures.We cover everything from budgeting with your spouse to the power of a single thrift store find.Key Actionable Takeaways:The Debt-Free Foundation: Vic details the strategy of combining finances with your spouse to accelerate savings and maximize investments, making debt elimination the top priority.Maximize Your TSP: The non-negotiable power of starting early and consistently maximizing your Thrift Savings Plan (TSP) contributions to leverage compound interest.The Financial Audit: How to treat your personal finances like a military inspection. Hunt down and eliminate wasteful recurring charges and streaming services that drain your budget every month.50+ Military Side Hustles: We provide a comprehensive list of vetted side hustles, categorized by effort, including: Flipping high-value thrift finds (like Vic&#39;s $800 soccer ball flip), lucrative heat pressing/vinyl businesses on base, freelance graphic design, youth sports refereeing, and real estate investing.Mindset for Success: John discusses the importance of having a beginner&#39;s humility (like a student) in all areas of life for continuous growth.Final Tip: Spend your money on experiences, not stuff.#veteransupport #veteranshelpingveterans #militarytocivilian #debtfreeIf you would like to start your own livestream or podcast, go check out πŸŽ™οΈ StreamYard and get $10 discount! 😍 https://streamyard.com/pal/d/4998128083271680</p>

Military Retirement Podcast

w/ John McConnell and Victor De La Flor

#114 - The Debt-Free Life: Financial Freedom, Smart Investing, and 50+ Military Side Hustles

DEC 10, 202591 MIN
Military Retirement Podcast

#114 - The Debt-Free Life: Financial Freedom, Smart Investing, and 50+ Military Side Hustles

DEC 10, 202591 MIN

Description

<p>In a world of economic uncertainty, achieving financial freedom is more critical than ever. This week, John and Vic share candid lessons from their personal journeys toward becoming debt-free, offering practical, actionable advice on how service members and veterans can secure their financial futures.We cover everything from budgeting with your spouse to the power of a single thrift store find.Key Actionable Takeaways:The Debt-Free Foundation: Vic details the strategy of combining finances with your spouse to accelerate savings and maximize investments, making debt elimination the top priority.Maximize Your TSP: The non-negotiable power of starting early and consistently maximizing your Thrift Savings Plan (TSP) contributions to leverage compound interest.The Financial Audit: How to treat your personal finances like a military inspection. Hunt down and eliminate wasteful recurring charges and streaming services that drain your budget every month.50+ Military Side Hustles: We provide a comprehensive list of vetted side hustles, categorized by effort, including: Flipping high-value thrift finds (like Vic&#39;s $800 soccer ball flip), lucrative heat pressing/vinyl businesses on base, freelance graphic design, youth sports refereeing, and real estate investing.Mindset for Success: John discusses the importance of having a beginner&#39;s humility (like a student) in all areas of life for continuous growth.Final Tip: Spend your money on experiences, not stuff.#veteransupport #veteranshelpingveterans #militarytocivilian #debtfreeIf you would like to start your own livestream or podcast, go check out πŸŽ™οΈ StreamYard and get $10 discount! 😍 https://streamyard.com/pal/d/4998128083271680</p>