335: How To Coast Your Way To Financial Independence & Save 60% of Your Income w/ Ada Vargas

Ada Vargas, founder of Queer Money Coach, joins the Journey to Launch podcast to discuss how they were able to reach Coast FI, what led them to full-time entrepreneurship, and why reframing your perception of investing is crucial to financial success.

Ada thought in order to retire you had to literally save millions of dollars. They didn’t know what investing was or about the FIRE (Financial Independence, Retire Early) Movement. 

We chat about their mission of helping Queer folks thrive in their financial life, the “Four Yous Framework,” and how they went from spending 100% of their income to a savings rate of 60%.

In this episode you’ll learn more about:

-Coast FI, front-loading retirement as a high earner, and living off of $20k per year
-Leaning into financial empowerment and ease with the “Four Yous Framework”
-Reframing retirement savings from a “chore” to a gift you’re giving your future self
-The differences and nuances of queer personal finance + why representation matters
-Making the transition to zero-based budgeting, automated investmenting, shopping for index funds, and more

For the full episode shownotes go to https://journeytolaunch.com/episode335

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