126- How She’s Building a $500,000 Portfolio & Retiring Early at 30 Years Old (w/ a Purple Life)

<p>This week’s Journey to Launch podcast episode is one you don’t want to miss! I’m talking with Purple from <a href= "https://apurplelife.com/">A Purple Life</a> about how she plans to retire at 30 and live off only $18,000 a year.  In 2015, Purple started her blog to track her journey to financial freedom and early retirement. Thanks to her efforts to decrease spending, increase her wages, and geo-arbitrage, she is on her way to retiring in 2020. In less than four years she went from a net worth of $5,000 to over $350,000. Check out the episode to hear how she is living on her budget without sacrificing the fun things she loves. </p> <p>In this episode you will learn:</p> <ul> <li>How to budget your money and apps that can help </li> <li>The importance of saving for retirement and securing your employer’s match</li> <li>Ways to save your first $100K</li> <li>What is geo-arbitrage and how it can jumpstart your path to FIRE</li> <li>How to demand a higher salary, and so much more</li> </ul> <p><strong>Other related blog posts/links mentioned in this episode:</strong></p> <p>Purple admits saving her first $100,000 was a big milestone. But once accomplished, doubling and tripling her money happened in much less time.  Here is one way to <a href= "https://www.moneyunder30.com/how-to-save-your-first-100k">save your first $100K</a> too. Here are more ways to save <a href= "https://investedwallet.com/how-to-save-100k/">100K</a>.</p> <p>Be like Purple and get paid for taking pics of “Help Wanted” signs with the <a href="https://jobspotter.indeed.com/">Job Spotter</a> app by Indeed.</p> <p>Check out the <a href= "http://journeytolaunch.com/podcastindex">Journey To Launch Podcast index here</a> which categorizes all of the Journey To Launch podcast episodes by subject. Now you can binge on your favorite topics or type of episode.</p> <p>Join The <a href="https://www.journeytolaunch.com/join" rel="noopener">Weekly Newsletter List</a></p> <p><a href="https://www.journeytolaunch.com/voicemail/" rel= "noopener">Leave me a voi