The 5 Stages of Financial Independence

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Welcome to the Money Talks News Podcast.

In this episode we’re talking about steps you should be taking right now to achieve financial freedom.

No doubt you’ve imagined being financially independent: No job necessary, no money worries, no debt and plenty of savings.

Of course, “financial freedom” means different things to different people, but one thing’s for sure: Not many of us are there yet. One recent survey found that only about 11% of Americans are living their definition of financial independence.

But no matter what financial freedom means to you, there are some steps you can take to get there faster. And that’s what we’re going to talk about today.

Today’s guest is Jamila Souffrant, the founder of the award-winning podcast Journey to Launch and the author of the book “Your Journey to Financial Freedom: A Step-By-Step Guide to Achieving Wealth and Happiness.”

Remember, even though we sometimes talk about money and specific investments on this show, don’t take them as recommendations. Before investing in anything or making any money moves, do your own research and make your own decisions.

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Don’t forget to check out our podcast page for more episodes designed to help you make the most of your money.

How to reach financial independence

Our guest Jamila has some great insights into reaching financial independence. We’ve also got some resources on how to take the steps to reach financial freedom. Plus, you can also get Stacy’s book, “Life or Debt.” It’s got helpful information on taking steps on your path to financial freedom.

Smart money moves for your future

Don’t forget that some of the money moves you make today can have a big impact on your financial future. Check out how to get more from your money and learn how to plan for the future.

Meet this week’s guest, Jamila Souffrant

Jamila Souffrant
Courtesy of Jamila Souffrant / Money Talks News

Jamila Souffrant is the author of “Your Journey To Financial Freedom A Step-by-Step Guide to Achieving Wealth and Happiness” and the host of the Journey To Launch podcast. She is considered 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. She is a mother of three young children and lives in Brooklyn, NY.

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About the hosts

Stacy Johnson founded Money Talks News in 1991. He’s a CPA, and he has also earned licenses in stocks, commodities, options principal, mutual funds, life insurance, securities supervisor and real estate.

Miranda Marquit, MBA, is a financial expert, writer and speaker. She’s been covering personal finance and investing topics for almost 20 years. When not writing and podcasting, she enjoys travel, reading and the outdoors.

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