How Sim Plans to Retire by 40: The Financial Independence, Retire Early Method

Moby LinkWelcome back to Girls That Startup, a weekly series where we spill the tea on how to create a seven-figure side hustle - because no one saves their way to wealth. You’re joined by Sim, a seven-figure business owner, and Maia, an entrepreneur in the making.This week, Sim and Maia dive into redefining success in business, discussing cultural nuances and how it can impact celebrating wins. They highlight the importance of focusing on impact rather than vanity metrics, sharing personal experiences of how shifting their mindset brought more fulfilment. For more Girls That Invest:Sign up for the weekly Stock Market Tea newsletterInstagramTikTokTwitterFacebook'Til next week, team! 💖 Hosted on Acast. See acast.com/privacy for more information.

Moby LinkThis week, Jeremy Schneider the founder of 'Personal Finance Club' joins Sim on the podcast. They dive into Jeremy's financial journey, highlighting his transition from a frugal upbringing to becoming a multimillionaire through savvy investments and the sale of his tech company. Jeremy shares insights on the value of passive index fund investing, debunking the allure of day trading and get-rich-quick schemes, and emphasizes the importance of finding trustworthy financial advice. Their engaging conversation also touches on practical spending tips, the impact of childhood money lessons, and Jeremy's latest venture, Nectarine, a platform for connecting with vetted, advice-only financial advisors.Follow Personal Finance Club on Instagram For more Girls That Invest:Sign up for the weekly Stock Market Tea newsletterInstagramTikTokTwitterFacebook'Til next week, team! 💖 Hosted on Acast. See acast.com/privacy for more information.

Moby LinkWelcome back to Girls That Startup, a weekly series where we spill the tea on how to create a seven-figure side hustle - because no one saves their way to wealth. You’re joined by Sim, a seven-figure business owner, and Maia, an entrepreneur in the making.This week, Sim and Maia discuss the importance of failure and how it can lead to growth and learning. They share personal stories of failure and how it has shaped their entrepreneurial journeys. The conversation highlights the need to embrace failure and not be afraid of it. They also provide advice for entrepreneurs facing setbacks or failures.For more Girls That Invest:Sign up for the weekly Stock Market Tea newsletterInstagramTikTokTwitterFacebook'Til next week, team! 💖 Hosted on Acast. See acast.com/privacy for more information.

Moby LinkThis week, Sim and Maia discuss Sim’s plan to retire by 40 using the FIRE (Financial Independence Retire Early) method. She explains that the FIRE method involves calculating how much money you need to live off each year and then investing that amount to generate passive income. Sim shares her own FIRE number and discusses the strategies she uses to achieve financial independence, such as investing in shares, index funds, and real estate. She also talks about the challenges of balancing spending and saving while pursuing early retirement.For more Girls That Invest:Sign up for the weekly Stock Market Tea newsletterInstagramTikTokTwitterFacebook'Til next week, team! 💖 Hosted on Acast. See acast.com/privacy for more information.

Moby LinkWelcome back to Girls That Startup, a weekly series where we spill the tea on how to create a seven-figure side hustle - because no one saves their way to wealth. You’re joined by Sim, a seven-figure business owner, and Maia, an entrepreneur in the making.This week, Sim and Maia discuss the exciting milestone of Girls That Invest hitting $3 million in revenue, sharing their insights on scaling a business effectively. They highlight the importance of passion, clear goals, and impact metrics in business growth. Sim emphasises simplifying your approach and focusing on what you're naturally good at to successfully scale your venture.For more Girls That Invest:Sign up for the weekly Stock Market Tea newsletterInstagramTikTokTwitterFacebook'Til next week, team! 💖 Hosted on Acast. See acast.com/privacy for more information.

Moby LinkThis week, Sim and Maia discuss DJT stocks, which are shares of Trump Media and Technology Group Corporation. They explore the origins of the company, its surge in value, and the potential risks and rewards of investing in it. They also touch on the influence of Donald Trump's reputation on the public's perception of the stocks.For more Girls That Invest:Sign up for the weekly Stock Market Tea newsletterInstagramTikTokTwitterFacebook'Til next week, team! 💖 Hosted on Acast. See acast.com/privacy for more information.

Moby LinkWelcome back to Girls That Startup, a weekly series where we spill the tea on how to create a seven-figure side hustle - because no one saves their way to wealth. You’re joined by Sim, a seven-figure business owner, and Maia, an entrepreneur in the making.This week, Sim and Maia discuss the concept of having an entrepreneurial mindset. They explore what it means to be business-minded, innovative, and problem-solving. Sim shares her personal journey of developing an entrepreneurial mindset and emphasizes the importance of learning from successful businesses and entrepreneurs. They also discuss the shift from problem-focused thinking to opportunity-focused thinking and how it can lead to business growth and success.For more Girls That Invest:Sign up for the weekly Stock Market Tea newsletterInstagramTikTokTwitterFacebook'Til next week, team! 💖 Hosted on Acast. See acast.com/privacy for more information.

Moby LinkThis week, Sim and Maia discuss the importance of maximising your employer retirement fund, explaining how leveraging employer matches can provide significant financial benefits. They highlight the advantages of tax-deferred growth in retirement accounts and stress the need for diversification to secure financial peace of mind. Tune in to hear their tips on planning for a secure and adventurous retirement, complete with personal anecdotes and practical advice.For more Girls That Invest:Sign up for the weekly Stock Market Tea newsletterInstagramTikTokTwitterFacebook'Til next week, team! 💖 Hosted on Acast. See acast.com/privacy for more information.

Moby LinkWelcome to Millionaire Diaries, where Sim chats with millionaires from the Girls That Invest community to uncover the secrets behind their success! Get ready to dive into their stories as they reveal how they turned their dreams into millions. From childhood influences to career strategies and investment insights, join us as we explore their journey to financial freedom.This week, Sim interviews Jane who shares her journey from growing up in a low socioeconomic area to becoming a property millionaire. Jane discusses how early financial struggles and indirect learning from her mother influenced her money management skills, eventually leading her to invest in properties through leveraging and gradual financial planning. The episode highlights the importance of community, particularly a network of supportive women, in achieving financial success and offers practical advice on property investment and financial growth for young women.For more Girls That Invest:Sign up for the weekly Stock Market Tea newsletterInstagramTikTokTwitterFacebook'Til next week, team! 💖 Hosted on Acast. See acast.com/privacy for more information.

Moby LinkWelcome back to Girls That Startup, a weekly series where we spill the tea on how to create a seven-figure side hustle - because no one saves their way to wealth. You’re joined by Sim, a seven-figure business owner, and Maia, an entrepreneur in the making.This week, Sim and Maia discuss the benefits of starting a newsletter and how to create one. They highlight the importance of regular communication with your audience, building stronger relationships, repurposing content, and increasing customer loyalty. They also emphasise the value of owning your audience through an email list and the potential for higher conversion rates. Maia expresses her excitement to start a newsletter and plans to use Canva for creating templates. They encourage sharing the newsletter on social media platforms like Instagram and LinkedIn. Overall, the conversation provides valuable insights and practical tips for starting a successful newsletter.For more Girls That Invest:Sign up for the weekly Stock Market Tea newsletterInstagramTikTokTwitterFacebook'Til next week, team! 💖 Hosted on Acast. See acast.com/privacy for more information.