Jacking Up Your Savings Rate - Part 2 in the Four Steps to Financial Independence Series

https://is1-ssl.mzstatic.com/image/thumb/Podcasts115/v4/4a/46/52/4a46522c-1672-7380-9470-ef301b399a60/mza_2706341626672389704.jpg/600x600bb.jpg

FI after 40 Podcast

Ben Reeder

20 episodes

6 days ago

This is a show where I dive into the FIRE movement to see what financial independence is all about. I’ll share the steps I’ve taken to start my journey towards becoming financially independent. And along the way I’ll bring in others who are on a path of their own. You’ll hear stories and advice from people who have reached their version of FI, and from those like me, who are still finding their way. This is a show for anyone who wants to learn, grow and connect with others. This is FI after 40.

Investing

Business

RSS

All content for FI after 40 Podcast is the property of Ben Reeder and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.

Investing

Business

https://d3t3ozftmdmh3i.cloudfront.net/production/podcast_uploaded_nologo/4590241/4590241-1591989061044-6ae26b656cbbc.jpg

Jacking Up Your Savings Rate - Part 2 in the Four Steps to Financial Independence Series

FI after 40 Podcast

20 minutes 56 seconds

5 years ago

Jacking Up Your Savings Rate - Part 2 in the Four Steps to Financial Independence Series

Part two in the series is all about increasing your savings rate. In this episode I outline my savings goals, my mindset change and how I've gone from someone with zero savings to someone targeting a 50% savings rate in the coming years.

- Instagram post summary on using auto-pay: feedback from @whatthefiblog, @budgetloverrr, @thebosswallet, @moneylifementor

- How I've historically struggled with savings

- Overview of common savings rates both in and outside the FI community

- My ten year plan to get my savings rate up

- Strategies I'm leveraging to reach those goals

- How I've adjusted my tax withholding and retirement contributions

- How my mindset has changed this year