248 Jamila Souffrant on Redefining and Achieving Financial Freedom
Description
THE SHOW
Jamila Souffrant’s expertise in personal finance is informed by her own experience turning financial uncertainty into financial freedom. She and her husband saved $169,000 in 2 years and redefined their future with smart money decisions. Now she’s guiding people from diverse backgrounds to more fulfilled lives through her personal finance podcast, Journey to Launch, and her new book, Your Journey to Financial Freedom.
Jamila’s work has been featured in Money Magazine, CNBC, and more. The Journey To Launch Podcast was listed by the NYTimes as a podcast to help you get better with your money.
We covered a wide range of topics at the intersection of lifestyle and personal finance including creating financial independence, decoupling time and money, how to approaching spending vs saving vs earning, the specific mindset work that’s critical to the personal finance journey and much more. We touched on FIRE which stands for Financial Independence Retire Early which is a movement that targets building a nest egg and retiring to do what you’d prefer to do with your time whether that’s work that earns less, more time with family, or something else.
This episode is penultimate installment of our season long discussions around integrating work and life. Money is obviously a hufge part of that so this conversation helps to frame up our motivations for how much we work, what we work on, and what we do with our earnings.
THE GUEST
JAMILA SOUFFRANT | PERSONAL FINANCE EXPERT + AUTHOR
Jamila Souffrant is the author of Your Journey To Financial Freedom: A Step-by-Step Guide to Achieving Wealth and Happiness ((Hanover Square Press December 5, 2023) shares and the host of the Journey To Launch podcast. She is a go-to thought leader in the personal finance field and her work has been featured in BuzzFeed, ESSENCE, Refinery 29, Money Magazine, CNBC, CBS, Business Insider and more. The Journey To Launch Podcast has over 4+ million total downloads and was listed by the NYTimes as a podcast to help you get better with your money. Jamila and her husband saved $169,000 in two years. They live in Brooklyn, NY with their three children.
TOPICS COVERED
-the difference between financial independence and financial freedom and why it matters
-redefining luxury in non-monetary terms
-the necessity of simplicity on the journey to financial freedom
-age, regret, and keeping the journey in context
-how to create an effective spending plan
-Jamila’s hardest money lesson learned
-finding the balance between productivity and punishment
And much more!