Journey To Launch 230- Reaching Financial Independence And Investing $750,000 After Divorce With Dr. Lakisha Simmons
Dr. Lakisha Simmons, fellow Journeyer and author, joins the podcast to share her inspirational story from growing up with almost nothing to saving & investing $750,000 in 4 years & reaching Financial Independence at 41 years old. We discuss how she was able to use her divorce as a kickoff for her FIRE (Financial Independence Retire Early) journey, and how the FIRE movement led her to pursue her passions in life.
In this episode we dive into how Dr. Simmons was able to grow from her mistakes, what she did to reach Financial Independence, and the lessons she’s passing down to her children from her financial experience.
In this episode you’ll learn
- How money narratives growing up shape your financial decisions as an adult
- What Dr. Simmons did to cut expenses during her divorce
- Which accounts Dr. Simmons maxed out to lower her tax burden and grow her FIRE number
- How & why she decided to quit her job
- The benefits of FIRE and chasing after what makes you happy
- What she is teaching her kids about money + more
Watch on youtube here: https://www.youtube.com/watch?v=IavkfgIVvGY
Other related blog posts/links mentioned in this episode:
- https://www.amazon.com/Unlikely-AchieveHer-Steps-Prosperous-workbook/dp/0578413523
- I’ll be taking the stage at FinCon 2021 in Austin as a Big Idea Speaker. You can grab your ticket to join me in person or virtually here (use the code “ FCJOURNEY5“ for a discount)
- Nominate Journey to Launch for the Plutus Award by clicking here.
- Listen to the Learn to Trade As A Side Hustle To Reach Your Financial & Life Goals FREE Audio Training with Teri Ijeoma by clicking here.
- Join The Weekly Newsletter List
- Leave me a voicemail– Leave me a question on the Journey To Launch voicemail and have it answered on the podcast!
- Watch me on News12 Watch my latest segments on News12
- YNAB – 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 referral link.
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