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Girls That Invest
Millionaire Diaries: She Became a Millionaire by Investing in the Right Stocks - Now She’s Retired Early
Feb 17, 2025
Jackie Cummings Koski, a self-made millionaire, shares her remarkable journey from poverty to financial independence and early retirement. Jackie reveals how she maximized retirement accounts and mastered index fund investing, all while overcoming personal setbacks like divorce. Discover her insights on wealth-building, the importance of financial literacy, and how community support can empower anyone to start investing. Her story is not just about money; it's about mindset shifts that can change your financial future.
48:40
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Quick takeaways
- Jackie Cummings Koski emphasizes the importance of financial literacy and strategic investing, showcasing how education transformed her financial journey from poverty to millionaire status.
- Her systematic approach to achieving Financial Independence, Retire Early (FIRE) included maximizing retirement accounts and actively participating in investment clubs to enhance her investment knowledge.
Deep dives
Jackie's Journey from Poverty to Millionaire
Jackie Cummings-Koski's journey to becoming a millionaire began in a challenging environment, growing up in poverty with a single father raising six children. Despite her circumstances, she made education a priority, attending college even after losing her father shortly before graduation. Following a difficult divorce, Jackie realized the importance of financial literacy after discovering the disparity between her and her ex-husband's retirement savings. This realization became a catalyst for her commitment to learn about finance, marking the start of her journey towards financial independence.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode