Episode 335: How To Coast Your Way To Financial Independence, Save 60% of Income & Reframe What Retirement Means w/ Ada Vargas

<p><span style="font-weight: 400;">Ada Vargas, founder of Queer Money Coach, joins the Journey to Launch podcast to discuss how they were able to reach Coast FI, what led them to full-time entrepreneurship, and why reframing your perception of investing is crucial to financial success.</span></p> <p><span style="font-weight: 400;">Ada thought in order to retire you had to literally save millions of dollars. They didn’t know what investing was or about the FIRE (Financial Independence, Retire Early) Movement. </span></p> <p><span style="font-weight: 400;">We chat about their mission of</span> <span style="font-weight: 400;">helping Queer folks thrive in their financial life, the “Four Yous Framework,” and how they went from spending 100% of their income to a savings rate of 60%.</span></p> <p><span style="font-weight: 400;">In this episode you’ll learn more about:</span></p> <ul> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Coast FI, front-loading retirement as a high earner, and living off of $20k per year</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Leaning into financial empowerment and ease with the “Four Yous Framework”</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Reframing retirement savings from a “chore” to a gift you’re giving your future self</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">The differences and nuances of queer personal finance + why representation matters</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Making the transition to zero-based budgeting, automated investmenting, shopping for index funds, and more</span></li> </ul> <div class="c-message_kit__gutter"> <div class="c-message_kit__gutter__right" data-qa= "message_content"> <div class= "c-message_kit__blocks c-message_kit__blocks--rich_text"> <div class= "c-message__message_blocks c-message__message_blocks--rich_text"> <div class=