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Afford Anything

Buy the Damn Guac, with Jamila Souffrant

Dec 20, 2023
Jamila Souffrant, a financial education instructor and author, discusses the power of understanding our 'why not,' staying motivated on our financial paths, shaping a success-bound mindset, and posing three crucial self-assessment questions for goal alignment. She explores the relationship between guacamole and financial independence, the distinction between financial independence and financial freedom, and the challenges and importance of hiring and reaching financial goals.
58:24

Podcast summary created with Snipd AI

Quick takeaways

  • Understanding and prioritizing your desired 'guac level' can help guide your financial decision-making and trade-offs.
  • The five stages of the financial independence journey provide a roadmap for achieving financial stability, security, and ultimately independence.

Deep dives

The Guac Levels of Financial Independence

The podcast episode discusses the concept of guac levels, which is a way to simplify lifestyle choices in relation to financial independence. Guac levels range from one (most frugal) to five (most extravagant) and represent different levels of spending. By understanding their desired guac level, individuals can make more intentional decisions on how they want to live their lives and the trade-offs they are willing to make to reach their financial goals.

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